Do you have a gold bracelet that you no longer wear — or like?
A diamond tennis bracelet that was a gift or heirloom that holds bad memories?
Or maybe you just need the money, and prefer to sell your bracelet?
Lucky for you, there are quality options for selling your fine gold, platinum, gemstone, pearl, diamond and designer jewelry online that will not only help you get the highest price on the market, but also make it easy and safe.
But what you likely want to know is this:
Best place to sell your gold bracelet or diamond tennis bracelet
Our top recommendation for selling bracelets: CashforGoldUSA.
CashforGoldUSA is our top pick for selling fine jewelry because:
- Insured up to $100,000 by Jeweler's Mutual insurance for door-to-door FedEx delivery and drop-off
- A+ Better Business Bureau rating
- Guarantees highest payout and pays within 24 hours
- 10% bonus if you send in your item within 7 days
More on selling gold bracelets and diamond tennis bracelets:
- Where can I sell my diamond tennis bracelet or gold bracelet?
- Value of gold bracelets and diamond tennis bracelets
- How much can I sell my bracelet for?
Where can I sell my diamond tennis bracelet or gold bracelet?
Here are common ways people sell their used bracelets:
- Local jeweler
- Local pawn shops
- Online marketplaces like Etsy and eBay
- Online gold and jewelry buyers
Traditionally, if you had fine jewelry to sell, you went to your local jeweler, he or she offered a price, and a deal was struck.
Thankfully, today there are great online jewelry buyers for your bracelet or other jewelry for the highest price, safely and quickly.
Not only can you be assured you get the most money for the market, but selling online is also easier than in real life. You typically don’t even need to leave your house.
Read our reviews of top online jewelry buyers.
How much can I sell my bracelet for?
Resale value of your gold, silver or diamond bracelet depends on many factors: the weight, karat and current price of gold, silver or platinum, as well as the quality and weight of any diamonds.
Gold bracelet value
How much are your gold bangles or gold bracelets worth?
To understand the value of your bracelet, it is important to know what you have.
A quick visit to a local jeweler for a jewelry appraisal is a good start, especially if your item is not branded (Tiffany, say) and only gold — or very small diamonds of less than .3 carats each. In those cases, your bracelet is worth the weight of the gold only, and will be bought only for their scrap value.
However, if you have a large diamond of greater than .5 or 1 carat, or a very desirable antique piece or branded jewelry, the best way to get the most definitive, reliable resale price is to send your bracelet to a leading grading laboratory for a certified lab report: GIA or IGI. This will cost about $100 to $200.
If you already have a GIA report, or know the mark of metal and size and quality of any gemstones, then you are in a strong position to shop around for the best buyer. CashforGoldUSA posts recent sales you can check out.
How much are 14k and 18k gold bracelets worth?
Like other precious metals jewelry your bracelet is worth as much as the weight of the gold x the karat. If it has stones, such as diamonds in a tennis bracelet, those gemstones may add value to the bracelet.
Chain jewelry without gemstones, and those that are not marked by a known brand like Tiffany, Cartier, Van Cleef, Roberto Coin, David Yurman, or others, are mostly worth what is know as scrap gold — or the price of the weight of the gold itself — whether yellow or white gold.
These bracelets will be sold based on the day's spot gold price, factoring in the karat and weight.
As of , the spot gold value in the United States was trading at $ per ounce, or $ per gram.
Platinum vs white gold: Which is more valuable?
Diamond tennis bracelet value
Gold prices hit a record high Dec. 1, are up 14% this year:
As of , the spot gold value in the United States was trading at $ per ounce, or $ per gram.
Meanwhile, diamond prices are in a serious slump.
Here are some recent diamond resale trends, as of Sept. 21, 2023 according to RapNet Diamond Index, as reported by Rapaport News:
RapNet CEP Martin Rapaport expects these prices to continue to drop during the first half of 2023. “The diamond industry is crisis and the situation is not going to get better,” he warned in a Sept. 13 announcement to the industry1. The culprit, he said, is the foothold of lab-grown and other synthetic diamonds that will upend the industry — trends that are exasperated in the short-term:
“High inflation and interest rates continued to restrict middle America’s spending,” Rapaport wrote in a report.2 “China’s post-lockdown recovery did not extend to diamonds.”
Moissanite vs diamond: What to know about resale value in 2023
Do diamond tennis bracelets hold value?
Diamond tennis bracelets hold as much value as any other diamond jewelry: Unless it is a very special bracelet, it will be valued based on the quality and carat weight of the diamonds, and the karat and weight of gold at today’s price. Expect to get 30 to 60% of today’s retail value for your tennis bracelet — though these diamond prices are declining and not expected to return. Our recommendation is to sell sooner than later.
How much is my diamond tennis bracelet worth?
The value of your bracelet depends on the materials of which it is made — the more high-karat gold, for example, means the more you will get for it. The more high-quality and large diamonds means the resale value will be higher. If your tennis bracelet is a name brand like Tiffany or Cartier, that adds additional value.
Often, jewelry featuring many small diamonds or other gemstones derives more resale value from the weight of the gold setting.
This gold guide has everything you need to know about current gold prices and selling gold for the most cash.
Also, keep in mind that a tennis bracelet's total carat weight is divided between 30 and 100 or more stones, typically, so that reduces the value of the diamonds because they tend to be small.
Note that unless a single diamond weighs .5 carats or more, it is likely considered ‘melee,’ ‘seed diamonds,’ ‘diamond chips,’ or ‘accent stones’ — and worth a few hundred dollars total for a whole bracelet.
Learn more about how diamonds are valued in our diamond guide.
How much is a 2 carat diamond tennis bracelet worth?
This tennis bracelet has about 1.62 total carat weight of round diamonds with clarity ranging from H-I, SI1-SI2, as well as 28.55 grams of 14K yellow gold. It sold for $1,000.
How much is a 3 carat diamond bracelet worth?
A gold and diamond bracelet has 50 round natural diamonds weighing 3.15 – 3.50 carats with clarity ranging F-G and VS2-SI1 respectively and almost 29 grams of 18K yellow gold was sold by Worthy.com for $4,718.
Abe Mor reviews 2023: Is this a legit place to sell jewelry?
How much is a 4 carat diamond tennis bracelet worth?
Worthy.com sold at auction for this tennis bracelet with 49 round diamonds of 4.15 – 4.60 total carat weight with color and clarity of H-I to SI1-SI2, and 15.5 grams of platinum. It sold for $2,350.
How much is a 5 carat diamond tennis bracelet worth?
Worthy recently sold a tennis bracelet with 30 round diamonds of total carat weight of 5.13 – 5.70 carats with color and clarity ranging from SI2 to I1 and 20.1 grams of platinum. It sold for $3,011.
Where can I get a bracelet appraised?
Most local jewelers in your community will offer an appraisal. This can be a good estimate of the replacement value of your bracelet, which can help you get it insured, and understand more about your earrings. Jewelers will often offer this for free. You can check your local Yelp or Better Business Bureau for recommendations for a trusted local jeweler.
However, if you want to know the true value of what your jewelry is worth, and how much you can get for it by selling, you need a certified lab report.
Again, a certification — also called a lab report, or grading report — is not the same as an appraisal. Learn more about diamond certifications.
Gemological Institute of America, or GIA, and the International Gemological Institute, or IGI, are both equipped with technical grading equipment, and provide lab reports with estimated resale values based on databases of millions of recent sales.
Diamond tennis bracelets FAQs
Common questions about selling your diamond bracelet:
Are diamond bracelets worth anything?
The resale value of your gold, silver or diamond bracelet depends on many factors: the weight, karat and current price of gold, silver or platinum, as well as the quality and weight of any diamonds.
That said, if your jewelry is made of precious metals or diamonds, they DO have value.
Do diamond bracelets hold value?
Diamonds do hold value, though not as much as many people think, and the value of diamonds has declined in the past year, thanks to market demand, the influx of lab diamonds, and changing consumer tastes.
Should I sell my diamond bracelet “near me?”
Many communities have quality jewelers, pawnshops and gold and diamond buyers who will give you a fair price, and immediately in cash. It is also worth looking into online jewelry buyers, who are likely to offer a better fee, and offer the benefits of being able to sell your bracelet from home, privately.
Bottom line: What is the best way to sell my bracelet?
Best way to sell most jewelry is to a professional online jewelry buyer.
CashforGoldUSA and sister sites CashforSilverUSA and DiamondsUSA the company has very high user reviews, 24-hour payment, very competitive insurance and return policies.
SOURCES
- Rapaport Webinar: “Warning to the Diamond and Jewelry Trade,” September 13, 2023 https://rapaport.com/videos/rapaport-diamond-trend-webinar-state-of-the-diamond-industry-2023-invitation
- “Press Release: Diamond Prices Plummet in Difficult Market,” Rapaport, Aug. 1, 2023 https://rapaport.com/news/press-release-diamond-prices-plummet-in-difficult-market/
Common ways people sell their used bracelets include going to local jewelers, pawn and consignment shops, online marketplaces like Etsy and eBay, and online gold and jewelry buyers.
The value of your bracelet depends on the materials of which it is made, so the more high-karat gold, for example, means the more you will get for it. The more high-quality and large diamonds means the resale value will be higher. Keep in mind that a tennis bracelet's total carat weight is divided between 30 and 100 or more stones, so the value of the diamonds tends to be low since they are small.
Like other precious metals jewelry your bracelet is worth as much as the weight of the gold x the karat. If it has diamonds those may add value to the bracelet.
