Best places to sell jewelry for the most cash in 2023

Below is an overview for selling jewelry and also a look at the best ways to sell jewelry, including our top recommendations. The recommendations made here are based on:

• Online reviews from customers
• Speed
• Better Business Bureau ratings
• Reports from reputable publications
• Age of the company
• Ease of use of their websites
• Transparency into their process
• Overall sentiment that these are quality businesses that care about their customers

But what you really want to know is likely this:

Best jewelry buyers: Our top choices for selling jewelry

‌These are our recommendations for the best jewelry buyers:

• Overall best jewelry buyer: DiamondsUSA and its sister sites, CashforGoldUSA and CashforSilverUSA
• Best for immediate cash: A pawnshop near you

Not ready to sell today?

• Best for getting a jewelry loan: Diamond Banc
• Check out our Diamond Banc review

Where can I sell my jewelry for the most money?

Unless you need the cash immediately, an online jewelry buyer is in the best position to offer you the highest price, as they benefit from not needing expensive retail rent, and you benefit from the competitive online market.

Other benefits of selling to an online jewelry buyer include that a quality buyer will provide free, door-to-door shipping, the privacy of never leaving your house, and full insurance.

That's why we like online jewelry buyer CashforGoldUSA and its sister sites:

• If you have gold jewelry, go to our section on CashforGoldUSA.
• If you have silver jewelry, go to the section on CashforSilverUSA.
• For all diamonds, go to the section on Diamonds USA.

We like this family-owned company for many reasons, including that they give a 10% bonus when you send in your shipment within a week. Here are some other benefits:

Pricing and payment

• Get paid within 24 hours
• 10% bonus if you send your item within 7 days
• 100% highest price guarantee

Reputation

• Better Business Bureau rating of A+
• Founded 2005
• 4.4/5 Trustpilot stars
• Get paid within 24 hours

Safety and insurance

• Free, secure mailer or FedEx package sent to your home
• Buys gold, silver, platinum jewelry, watches, coins and scrap
• 100% highest price guarantee
• Insurance up to $100,000

Value add

• Guaranteed highest price
• If you do not accept their offer, you can get your item back immediately, free of charge
• Your choice of shipping: USPS or FedEx, or print label at home for fastest process
• Accepts all diamonds, gold, sterling silver and gemstones regardless of size or quality

Ready to sell? Here's what else you should know:

• How to sell jewelry
• Where you could sell jewelry
• Reviews of other jewelry buyers

How to sell jewelry

If you live in a large town or city, you may have a number of jewelers near you, online auctions, consignment or pawn shops you can ask about the value of your jewelry or watch, and go with the highest price.

But even then, you are limited to a handful of buyers. Here are instructions for all the common ways to sell jewelry.

Of all of these methods, you’re likely to get the most cash for jewelry by using an online jewelry buyer.

How to sell diamond jewelry

Before you sell diamond jewelry, educate yourself about the value of your diamond. More on how to sell diamonds and diamond jewelry.

How to sell gold jewelry

Gold jewelry, unless it is a brand, is typically melted down for scrap, and sold at slightly above melt price for the price of gold that day. This post explains how to understand the value and price of your gold, as well as where to sell it for the highest price.

How to sell silver jewelry

Silver is far less valuable than gold, but it is also a precious commodity. Learn more about selling silver jewelry, silverware, and coins in our overview.

Where to sell jewelry

These are the common ways to resell fine gold, diamond, gemstone and other jewelry:

• Local jewelry store
• Local cash for gold store
• Pawn shop
• Auction houses
• Consignment shop
• eBay, Etsy, TheRealReal, Facebook Marketplace, among other online marketplaces
• Professional jewelry buyers online

Of all the other options you have to sell jewelry, like jewelers or pawn shops, you likely won’t get the most money. Here’s why:

• A local retail business like a jewelry store has high overhead in rent, staff and advertising, and less competition than an online diamond or ring buyer, so you may not receive as much cash in comparison to other options.
• Selling on ebay or Etsy is a lot of work, and requires expertise in jewelry photography and marketing, and unless you have a large cache of product that warrants building a platform, selling just one or a few products is very hard to do.
• Pawn shops typically buy all kinds of gold and diamond jewelry, but expect to pay a very high commission and receive less cash.  A pawnbroker will nearly always pay far less than a reputable jeweler or online gold or diamond buyer.

For this reason, our top recommendations are online jewelry buyers:

If you have gold jewelry go to CashforGoldUSA.

If you have silver jewelry, go to CashforSilverUSA.

For all diamonds, go to Diamonds USA.

Sell gold jewelry online with CashforGoldUSA:

1. On DiamondsUSA or CashforGoldUSA.com, plug in your name, email, phone number and preferred shipping company — USPS or FedEx.
2. Within three days you'll receive a mailer, or print your FedEx mailer immediately.
3. Pack up your goods, and drop them off. Get the tracking number to keep an eye on things.
4. You'll get immediate alerts via email or text when your item arrives and is reviewed. Receive an offer within the day.
5. Once the offer is accepted, get paid within 24 hours via Paypal or a check that can be overnighted.

This video does a good job explaining how CashforGoldUSA works:

Learn more at our CashforGoldUSA 2023 review.

Sell silver jewelry online with CashforSilverUSA:

CashforSilver, and Diamonds USA, below, are sister sites to CashforGoldUSA. All have BBB A+ ratings, free round-trip, trackable shipping, 24 hour payment and insurance up to $100,000.

Process is the same:

1. On CashforSilverUSA.com, plug in your name, email, phone number and preferred shipping company.
2. Within three days you'll receive a mailer, or print your FedEx mailer immediately.
3. Pack up your goods, and drop them off. 100% free shipping.
4. Receive an offer within the day.
5. Once the offer is accepted, get paid within 24 hours via Paypal or a check that can be overnighted.

Sell diamond jewelry online with DiamondsUSA:

1. On Diamonds USA's site, plug in your name, email, phone number and preferred shipping company.
2. Within three days you'll receive a mailer, or print your FedEx mailer immediately.
3. Pack up your goods, and drop them off. 100% free shipping.
4. Receive an offer within the day.
5. Once the offer is accepted, get paid within 24 hours via Paypal or a check that can be overnighted

Sell jewelry at a local jewelry store

A local jeweler you find “near me” may give you a fair value of your jewelry in cash on the spot. 

Start your search by asking around for a reputable jeweler, and check Google, Yelp, and BBB ratings for a trustworthy buyer.

You can call ahead and make an appointment, or walk into a local jeweler to get an estimate or appraisal to understand the value of your jewelry, and ask them to make an offer. Get several offers before accepting the highest. You can also compare these offers against any offer or estimate you get from an online jewelry buyer.

21 apps for selling stuff online or “near me” in 2023

Sell jewelry at a local cash for gold store

If your old jewelry isn’t worth much as is, you might sell it as scrap gold or recycle it.  Typically, online and in-person gold buyers will take your broken jewelry, dental gold and other scrap — including online buyers like CashforGoldUSA. 

Sell or pawn jewelry at a pawn shop

Pawnbrokers are a decent option if you need quick cash for your gold, diamond or other jewelry or precious metals. Expect to get 30% of the retail value of your item, and make sure you do research on the current price of gold or silver, and get a couple estimates before you sell your jewelry at a pawnshop.

Consign jewelry 

Some higher-end consignment shops sell fine jewelry, as well as some online consignment shops like 1stDibs.com. However, popular online clothes consignment stores Poshmark and Mercari do not deal in fine jewelry.

Auction jewelry

Auction sites including Sotheby's, Christie's, Property Room, Worthy and Hibid sell fine jewelry. Learn more about online jewelry auctions. 

Worthy’s auction platform is a place to sell jewelry worth more than $1,000 and brand name jewelry, which includes Tiffany, Cartier and more.

Bvlgari (also known as Bulgari) is one of the well-known jewelry designers in the world. The company’s rings, necklaces, brooches, watches, and other pieces often feature multiple diamonds and other valuable gems, with historical pieces from the 1930s, 40s, 50s, and 60s selling for tens or hundreds of thousands of dollars. As recently as 2017, Bvlgari Trombino rings have sold for more than $850,000, while more intricate pieces like necklaces have sold for amounts in the millions. Typical pieces sell for between $2,000 and $5,000 new. Bvlgari does not buy back their own jewelry, but you can likely sell your pieces to either a local jeweler or an online marketplace like Worthy. If you suspect that you have a rarer or historical piece, then an auction house may be a better option.

Cartier is considered by many to be one of the most luxurious brands, making their jewelry and watches highly coveted. Some of the most expensive Cartier pieces ever sold include the Sunrise Ruby Ring which sold for $25 million in 2015 and the La Peregrina Necklace valued at roughly $11.8 million. Prices for Cartier pieces will vary from design to design and depending on the metal and whether or not diamonds are included. Cartier does not buy back their jewelry, which means you’ll need to turn to a third-party buyer to sell your piece. An online jewelry auction house like Worthy will likely be your best bet, though you may also consider a local jeweler that you trust to give you a good price. Learn more about selling your Cartier jewelry and watches.

Chopard is a Swiss designer world-famous for their jewelry and watch designs. Among countless celebrities and business moguls, the brand even counts former Russian Tsar Nicholas II as a previous client. Some of the most expensive Chopard designs ever sold include a 201-carat watch which sold for $25 million. Depending on the piece, these watches can sell for anywhere from $5,000 to $50,000. Very few designs sell for under five grand.

David Yurman has been crafting exquisite designer jewelry since 1980. The most expensive design ever created by the brand is the blue tourmaline and diamond necklace created by Evan Yurman, David Yurman’s son, which sold for $2 million. David Yurman does not buy back their own jewelry, though they do have a 45-day return policy. Personalized or custom designs are final sales. If you would like to sell a piece after the return period, you’ll need to turn to a private buyer such as a local jeweler or online auction. Learn more about selling David Yurman jewelry.

Harry Winston’s name is synonymous with extreme luxury. This King of Diamonds worked with some of the most famous gems in the world, and catered to the upper echelon of society. Harry Winston rings and necklaces regularly sell at auction houses such as Christie’s for millions of dollars. The simpler and more common Harry Winston pieces sell for tens of thousands of dollars. If you believe you have a Harry Winston piece, it’s important to have it appraised to ensure you get the most money when you sell. Learn more about selling Harry Winston jewelry.

Rolex is often called the most valuable watch brand in the world, due to the company’s history, brand awareness, and luxury status. Famous pieces have sold at auction for millions of dollars, including Paul Newman’s Rolex Daytona which sold for $17.8 million in 2017. So-called “everyday” Rolex watches sell for anywhere from around $5,000 to more than $75,000. According to WristAdvisor, the average price for most Rolex watches is between $7,000 and $12,000. Rolex watches are known for retaining their value, making them fairly easy to resell. Learn more about selling a Rolex.

Tiffany & Co. is known for two things: Their little blue boxes and bags, and their exquisite diamond jewelry. Many women (and men!) dream of one day owning a piece of Tiffany jewelry. While Tiffany’s does not have a buyback program, they do have an upgrade program for engagement rings. Through that program, they’ll give you store credit up to the original purchase price of the ring which you can then use to buy a new engagement ring.

Sell jewelry online via a marketplace

Etsy, TheRealReal, Facebook Marketplace, ebay, among other online marketplaces where people and businesses sell their fine jewelry online.

Reviews of other jewelry buyers and marketplaces you could use to sell jewelry

While we recommend CashforGoldUSA and its sister sites, there are other reputable online jewelry buyers, too.

Jewelry buyer: Abe Mor

Founded in 1964, New York-based Abe Mor has one of the largest presences in the online diamond buyer market.

This family-run diamond buyer accepts diamond jewelry and loose diamonds of at least .50 carats, including designer diamond jewelry — like engagement rings from Tiffany & Co, Cartier, and Harry Winston. 

Abe Mor will also pay you for the gold and platinum content of your jewelry if it's set with eligible diamonds.

Abe Mor also sells loose diamonds and melee diamonds to verified buyers who sign up for an account through its website.

Abe Mor pros

• A+ Better Business Bureau rating with zero customer complaints
• Shipping and insurance is always free
• Diamond grading reports not required, though accepted
• Items insured by AIB Insurance for up to $50,000, with additional insurance available if necessary
• Modern, clean and easy-to-use website

Abe Mor cons

• Does not buy other types of jewelry or gemstones
• Only accepts diamond jewelry at least 0.5 carats in size
• Appraisals are conducted by in-house Abe Mor staff, though you can request GIA authentication
• May reject diamonds if it does not need them in its inventory
• Typical time from shipment to payment is longer than other sites, though Abe Mor will overnight a check upon request
• Pays within 2 to 4 days upon acceptance of an offer

Check out our Abe Mor review and sell your diamond jewelry with Abe Mor today >>

Jewelry buyer: Circa (previously Mondiamo)

Mondiamo was a relative newcomer to the online diamond and jewelry buyer market which partnered with BlueNile, a retail leader in the online diamond engagement ring world. 

In early 2020, Mondiamo merged with a competing company, Circa. Circa has maintained Mondiamo’s relationship with BlueNile and has an A+ rating with the BBB.

Circa pays cash for jewelry, and accepts high-end branded jewelry, as well as diamonds of at least .4 carats, and engagement rings. They will also purchase historical or estate jewelry including pieces such as: Antique, Edwardian, Georgian, Art Nouveau, Belle Epoque, Art Deco, Retro and Modern.

Circa has 14 physical locations (11 in the U.S. and 3 international), if you prefer you can schedule an appointment for an in-person evaluation of your jewelry. Whether in-person or online, if you accept the offer, you will be paid immediately

If you provide a grading report from the GIA, EGL, IGI, AGS, GSI, GCAL, IIDGR, or HRD, Circa provides a guaranteed offer range. Once you mail in your jewelry, Circa is able to guarantee a final offer that falls within this range. The company claims that more than 90% of its customers receive a final offer price higher than the midpoint of the guaranteed range (which includes shipping and insurance). Mondiamo’s 15% fee is already calculated into the range.

Circa pros

• Works in partnership with diamond retailer Blue Nile, and promises to offer a high price to you by cutting out the middleman
• Better Business Bureau rating of A+
• Website's videos and posts create transparency
• Fully insured FedEx delivery — both from you to Circa, as well as returns, when relevant

Circa cons

• This jewelry buyer only deals in jewelry with a diamond of at least .4 carats
• If you do not have a lab report, you must send in your item for evaluation and grading before an offer is made
• That offer is good for just 7 days, after which you have to start the whole process over again

In short, Circa is a solid company that brings the Blue Nile experience full circle, promising to offer jewelry sellers high prices by removing the middleman.

Abe Mor reviews 2023: Is this a legit place to sell jewelry?

Jewelry buyer: WP Diamonds

WP Diamonds is another big jewelry buyer in the diamond, luxury jewelry, handbag and watch resale space.

WP Diamonds has a solid reputation as an online jewelry buyer, and promises to get you a fair price for your diamond or designer jewelry, loose stones (diamonds of at least .5 carats), handbags and watches.

However, theirs is a more traditional buyback platform, in that WP Diamond's in-house expert will evaluate your jewelry, and then make an offer. Take it or leave it.

Their team of GIA trained gemologists and industry veterans have the necessary knowledge and expertise to accurately price your diamond goods based on the current second-hand diamond market.

WP Diamonds pros

• Reputable jewelry buyer with an A+ BBB rating
• Clean, easy-to-use site for selling jewelry online
• Pays cash for your jewelry
• Easy process, including FedEx round-trip shipping, and $150,000 insurance
• Choose to do business via email or phone
• Sell in as little as 24 hours: WP Diamonds buys your jewelry directly, meaning that there are no online listings or auctions to wait for. No haggling or negotiating, simply their best price upfront.
• No fees are deducted from your final offer, the amount you hear is the amount you get paid.

WP Diamonds cons

• The evaluation is done by an internal appraiser, not a neutral third-party laboratory like GIA, which Worthy uses.
• There is just one offer, not a price set by a dynamic marketplace

In summary, WP Diamonds is a reputable online diamond and jewelry buyer, that has been around for a long time. It is the fastest way to sell diamonds safely online to the experts. You can read my WP Diamonds review if you want to learn more about this company.

Jewelry marketplace: I Do Now I Don’t

I Do Now I Don’t is an online jewelry marketplace that will either buy your diamond jewelry directly or allow you to list it at your own price to online buyers — sort of like eBay for diamond jewelry.

I Do Now I Don’t pros

• Choice between direct sale or marketplace listing
• Possibility to sell item for much more through online listing
• You choose the sales price 

I Do Now I Don’t cons

• F rating with the BBB (not accredited)
• Many customer complaints
• Website is confusing and the sales process is not always clear
• Direct sale is based off of a single, in-house evaluation
• Payment is slow
• VIP selling service is only available for items valued to be worth at least $5,000 
• Unless you opt into VIP selling service, you are responsible for shipping and insurance costs

Jewelry marketplace: Worthy

If you have jewelry valued at $1,000 or more, including a diamond engagement ring, other diamond or gemstone jewelry, or branded items from Tiffany, Cartier or another high-end jeweler, then consider jewelry buyer Worthy.com, an online marketplace where hundreds of vetted buyers bid on your item.

Typically, the center diamond of an engagement ring of at least .5 carats will sell for $1,000. Worthy is A BBB rated, and insures your item up to $100,000 with Lloyds of London.

Worthy pros

• A BBB rating
• 4.8 rating with Trustpilot
• High consumer reviews
• Free lab GIA report
• Cool website that helps you understand the value of your jewelry

Worthy cons

• Takes longer than other platforms
• Some users find the process overly complicated
• Focused exclusively on diamond and high-end branded jewelry
• Strict minimum of items that will sell for at least $1,000

Read my Worthy review.

FAQs about selling jewelry

What is the best way to sell expensive jewelry?

In the past, we have recommended selling expensive jewelry, especially those with large diamonds, or branded, luxury jewelry, to a reputable online jewelry buyer like Worthy or WP Diamonds—national companies that can efficiently evaluate your diamond or other jewelry, safely ship it, evaluate it by trusted experts and appraisers and have national reputations at stake, which motivates them to offer a high price and good customer service.

However, diamond prices have dramatically dropped through 2023, with analysts skeptical that prices will return, in part, because diamond buyers have too much inventory¹. For that reason, we increasingly recommend online buyer Diamonds USA, which buys all sizes and qualities of diamonds, quickly, and has a strong reputation.

Complete guide to symbols stamped on jewelry

Can you sell jewelry to a jewelry store?

Selling jewelry to a jeweler near you can be a solid choice if you have a jeweler you know and trust. This can also ensure a quick, cash sale. However, it may be worth the time to send in your jewelry to CashforGoldUSA or DiamondsUSA to get a second offer.

Is it better to sell jewelry to a pawn shop or jewelry store?

Pawnbrokers have a bad reputation for ripping off sellers — but jewelry stores can short-change jewelry sellers, too. The only way to know which is better is shop around to jewelry buyers near you and compare.

Is it safe selling jewelry online?

Selling jewelry online with a reputable buyer that insures your item, gives you a FedEx or USPS tracking number and has a robust online presence including Better Business Bureau and other online review sites. Since the online jewelry buyers rely on these reputation sites, they live and breathe customer service and reviews. 

Is it worth selling jewelry online?

Selling jewelry online with a reputable buyer that insures your item, gives you a FedEx or USPS tracking number and has a robust online presence including Better Business Bureau and other review sites. 

Sell jewelry online can net a higher payout, convenience of not having to leave your home, and total privacy, since your friends and neighbors won’t see you selling your items in town.

Platinum vs white gold: Which is more valuable?

White gold vs yellow gold: What’s the difference, which is worth more?

Sterling silver vs white gold: What’s the difference, which is worth more?

Sterling silver vs. silver: What’s the difference? Which is better?

What is the best website to sell used jewelry?

CashforGoldUSA buys all gold, silver, diamond and gemstone jewelry, coins, flatware and tableware via overnight shipping. The Boston-based company has an A+ Better Business Bureau rating and hundreds of high Trustpilot reviews, and promises to pay within 24 hours of accepting terms.

Bottom line: What is the best way to sell jewelry?

The quickest way to sell your jewelry is to walk into a local pawnbroker or jewelry store and sell it for whatever they offer, but do not expect to get the most money.

Though the online jewelry buying industry is very competitive, there a handful of quality buyers out there. CashforGoldUSA and its sister sites, DiamondsUSA and CashforSilverUSA, are our top choice because:

• Payment within 24 hours
• BBB A+ rating
• Price match guarantee
• Free return guarantee
• 10% bonus if you ship within 7 days

Get an offer for your jewelry from CashforGoldUSA, and receive a 10% bonus if you send in your item within 7 days >>

SOURCES

1. “Diamonds in the Safe: The Industry’s Oversupply Challenge Manufacturers,” by Avi Krawitz, Aug. 24, 2023, Rapaport.com https://rapaport.com/analysis/the-diamond-markets-oversupply-challenge/