Women love Tiffany jewelry.
A recently survey of nearly 8,000 consumers ranks Tiffany and Co. jewelry as having the highest ratings for luxury, as defined by measures including product quality, product distinctiveness, brand heritage, enduring appeal, status, exclusivity, and a feel-good factor.
After all, Holly Golightly wasn’t enamored with the famed breakfast spot for nothing!
Like Audrey Hepburn’s iconic character, maybe you’re in possession of a Tiffany piece — and you know it wasn’t cheap. The value of branded jewelry is typically higher than unsigned pieces.
If it’s a piece you never wear, you might want to cash in on all that tradition and value, declutter your jewelry box, and sell it.
Why You Should Sell Your Tiffany Jewelry
Parting ways with your jewelry can be hard; I know.
Letting go of your jewels might not always be the right call, but there are times you may want to say goodbye to a piece:
You’re only keeping it because it was a gift or inheritance. This is a tricky one.
When you inherit a piece of jewelry from a dearly departed loved one, you might feel an obligation to keep it.
I wrote a whole post on why you might sell your heirloom jewelry, where a friend of mine faced the same dilemma with a piece of jewelry from her grandmother that was a bit too ornate for her taste and lifestyle.
And I gave her the same advice I’ll give you right now: If the reasons for keeping the piece have nothing to do with your memories of the person who left it to you, it’s okay to let go. The same applies to gifts.
If your ex or old boyfriend gave you a pair of Tiffany heart-shaped earrings you detest, why are you keeping them?
Dust off that blue box and put them on the market!
It isn’t your style.
Tiffany and Co. is timeless, but that doesn’t mean the piece you bought will always match your style.
You clean your closet of old clothes you know you’ll never wear again.
Why not apply that attitude to your jewelry box?
It’s the engagement ring from your divorce.
Take it from someone who’s been there, selling your engagement ring or wedding band can be one of the best decisions you make, for both your peace of mind and pocketbook.
And if your ring came from Tiffany and Co., it’ll be worth a lot to a diamond buyer like Worthy, my go-to online auctioneer.
It’s worth more to you sold.
Even if your Tiffany piece is your style and doesn’t necessarily have any negative emotions attached to it, you could benefit more from selling it.
If you happen to have some extra Tiffany jewelry laying around and need cash, selling it might be a savvy financial decision.
What to Know About Tiffany and Co.
You might be wondering how Tiffany and Co. came to be so iconic.
While Truman Capote might’ve helped, the jewelry giant was a classic long before it graced the big screen in the 60s.
It all started in the 1830s when a young New Yorker named Charles Tiffany opened what he labeled as a “stationery and fancy goods” store on Broadway. From its inception, the store was renowned among New York socialites for its fashionable fine jewelry.
As Tiffany’s website reflects, what was unique about Tiffany was its clean, modern American style, which stood out from the heavily embellished Victorian trend (picture massive jewel-encrusted rings, and your great grandmother’s broaches).
Fast forward to 1878, when Tiffany and Co. bought a dazzling yellow diamond from South Africa, weighing in at over 200 carats (be still my heart), and took the world by storm.
Then, in 1886, Tiffany gave us the modern engagement ring, completely departing from Victorian bezel settings to a ring that focused on showing off its radiant diamond.
While the styles may have changed since then, one thing never did: The Tiffany blue box.
The coveted robin’s egg blue box perfectly cinched with a white satin bow is as special a part of the experience as the jewelry itself.
Why am I telling you all this?
Aside from it being an awesome history that piqued my interest, there’s a financial moral to the story:
Women worldwide dream of owning jewelry from Tiffany and Co., which is good news if you’re looking to sell yours!
How to Sell Your Tiffany Jewelry (and Make the Most Money)
Any time you resell jewelry, there are some surefire ways to maximize your profits.
But with a Tiffany and Co. piece, you have a few extra steps to take.
Keep Your Jewelry in Good Condition
First things first, you need to take good care of your jewelry.
This is solid advice whether you’re selling or not. Gems can fade and even fracture if you keep them in bad conditions.
And I’m sure you’ve seen what can happen to a silver or gold chain when you don’t care for it properly.
If you pile all your accessories in an undivided jewelry box, they can get tangled, scratched, and ultimately less valuable.
Use common sense when it comes to caring for your jewelry: separate your pieces and make sure they aren’t getting too much interaction with chemicals or excessive heat or water.
A big part of prepping your Tiffany and Co. jewelry for resale is cleaning it.
Buyers on the market for a used Tiffany’s piece are looking for the quality they’d get in the store.
In other words, they don’t want a murky diamond in a tarnished, used-looking band.
Luckily for you, cleaning your fine jewelry is an easy fix.
For some jewelry, all you need is a soft-bristled toothbrush and some mild dish soap. Or you might want to invest in a jewelry cleaning kit.
Either way, make sure you get your jewels looking pristine before you even think of having them appraised.
How dazzling your diamond is can play a major part in determining how much it’s worth.
Don’t skip this simple step! I promise it’s worth it.
Keep Your Blue Box (and anything else that came with your purchase)
Remember when I said there was a little more to selling a Tiffany and Co. piece than your other jewelry?
Here it is.
There are three reasons why presenting that little blue box matters so much:
The blue box helps establish your jewelry’s authenticity.
That’s important to both diamond buyers and the people who bid on your items. Tiffany and Co. jewelry has several distinct trademarks, from the Tiffany and Co. stamp to the way the actual parts of your piece are made. But one of the first items buyers look for to ensure quality is the box.
Why? Because Tiffany and Co. boxes are hard to acquire. Ebay sellers aren’t allowed to sell them, and they aren’t widely accessible elsewhere.
A genuine Tiffany purchase will come with a box with the store’s name in a perfectly stamped standard font and paperwork verifying its validity.
Buyers want the total package. Literally. Remember, people buying a Tiffany and Co. piece want the full experience, including opening a Tiffany blue box. They may be looking to get it for a bargain, but that shouldn’t limit the quality of the product they purchase
You’ll make more money. As a consequence of the last two reasons, you’ll profit more when your sale includes the box and certificate or receipt. Like I said earlier, make your resale as close to the original as possible.
What If You Don’t Have the Blue Box?
If you’ve inconveniently misplaced your box (or never had one to begin with), all is not lost.
While you may not make as much as you would with the box in hand, there are plenty of buyers on the market still willing to purchase your piece for a reasonable price.
Tiffany and Co. jewelry comes with a certificate of authenticity and a blue booklet.
If you can place any one of these items, include it with your appraisal to get the best estimate possible.
Just think, the more information you can provide to your jewelry buyer, the better.
Buyers like Worthy will purchase your Tiffany jewelry with or without the blue box.
If your piece of jewelry is authentic, the company’s team of experts will be able to tell.
They’re trained to spot the intricacies of a legitimate Tiffany and Co. piece.
Bottom Line: Do your research and you can profit from your Tiffany jewelry, even if it’s missing the package.
Get an Appraisal
Once you’ve dusted off your diamond and given it a facelift (it’s amazing what a little soap and water can do!), and you have your box, certificate, and booklet (hopefully) ready to go, it’s time to get your Tiffany jewelry appraised.
Appraisal verifies your Tiffany and Co. jewelry is legitimate, adding credibility to your sale, and it gives you an idea of how much your piece is worth.
That process will look a little different depending on how you plan to sell, but I’m going to walk you through my go-to buyer Worthy’s process.
Steps to Selling With Worthy
If you’ve read any of my posts about selling jewelry, you know how much I love this company.
My experiences with Worthy have been stellar, and I can’t recommend them enough.
Worthy is a piece of cake to use, they’re quick and reliable, and they sell your jewelry in an online marketplace with hundreds of certified buyers, ensuring you get the best possible price on your sell.
Something tells me you couldn’t pull off an auction of that size on your own.
As we’ve established, Tiffany and Co. is the premier jewelry store, selling the elegant experience as much as the jewelry.
And Worthy is its perfect counterpart.
The luxury online auction house understands the value of Tiffany and Co. jewelry and treats it with the utmost care.
They even have a whole section of their website dedicated to their Tiffany sales, with images of recent Tiffany purchases and how much they made.
Right now they’re displaying a 1.27 carat Tiffany engagement ring they recently sold for over $8,000!
I can attest to Worthy’s quality care after visiting the company’s headquarters in New York City and seeing how they handle the jewelry.
So how does it work?
Listing your Tiffany and Co. jewelry with Worthy is simple.
- You’ll start by logging into the site, sharing a few photos of your jewelry, and describing it. Based on that description, Worthy will give you an estimate of the market price for your item.
- If you’re interested in selling, Tiffany will send you a FedEx mailer insured up to $100k and addressed to their NYC headquarters.
- Once you mail in your jewelry, the GIA team (the most established diamond graders in the world) will grade and certify your jewelry, providing a report for you and your buyers.
- With a minimum price based on GIA’s report, you can either sell for the appraisal price, collecting the highest value if it exceeds that minimum, set your own minimum (without guarantees), or set a buy-it-now price.
- Once your Tiffany and Co. jewelry is purchased, you’ll get paid within a week by PayPal or check for between 80-95% of the selling price.
Where Else To Sell Your Tiffany Jewelry
While Worthy is my favorite jewelry buyer, there are plenty of places to peddle your Tiffany and Co. jewelry.
The key is knowing where to go.
Let’s take a look at a few of your best options.
What is a diamond district, you might ask?
A diamond district is an area of a major city where jewels are cut, crafted, cleaned, and sold.
If you happen to find yourself in a city with a diamond district, chances are you’ll be able to sell your authentic Tiffany jewelry for what it’s worth.
Some of the most famed diamond districts in the US are in Manhattan, Philadelphia, Providence, and LA.
Outside of the states, you can find diamond districts in Antwerp, Israel, and London.
If you do opt to sell in the diamond district, check reviews on buyers, see how long they’ve been in business, and check what types of jewelry they typically buy.
While some of the most credible buyers on the market are found in these districts, not everyone there is legitimate and trustworthy.
Do your research and play your cards wisely!
A lot of jewelry owners resell their gems at pawn shops, antique stores, consignment stores and jewelers, preferring to do their business in person.
And you can potentially get a fair price on your Tiffany and Co. jewelry at one of those places.
The beauty of selling locally is being able to walk into a store with your blue box and leave 30 minutes later with a bundle of cash in hand.
But I’ll be honest- you could be gambling when you choose to sell with some shops.
Let intuition be your guide here.
Avoid the sketchy darkened pawn shop down the street with “diamond” rings that are questionable at best and will turn your finger green at worst.
Local jewelers and resale stores should have positive reviews (online and by word of mouth), a BBB accreditation and high rating, and a legitimate appraisal method.
If they don’t, tread carefully. You might end up receiving far less than what your Tiffany jewelry is worth.
Tiffany and Co. has stood the test of time, remaining an iconic piece of American history at every milestone.
Because of that legacy, a Tiffany and Co. piece of jewelry holds a lot of worth, reflected in its resale value.
So untangle your old Tiffany pieces from the jewelry box, give them a quick touch up, and start profiting today!
Emma Johnson is a veteran money journalist, noted blogger, bestselling author and an host of the award-winning podcast, Like a Mother with Emma Johnson. A former Associated Press Financial Wire reporter and MSN Money columnist, Emma has written for the New York Times, Wall Street Journal, Forbes, Glamour, Oprah.com, U.S. News, Parenting, USA Today and others. Her #1 bestseller, The Kickass Single Mom (Penguin), was named to the New York Post’s ‘Must Read” list.
Emma regularly comments on issues of modern families, gender equality, divorce, sex and motherhood for outlets like CNN, Headline News, New York Times, Wall Street Journal, Fox & Friends, CNBC, NPR, TIME, MONEY, O, The Oprah Magazine and The Doctors. She was named Parents magazine’s “Best of the Web,” “Top 15 Personal Finance Podcasts” by U.S. News, and a “Most Eligible New Yorker” by New York Observer.
A popular speaker, Emma presented at the United Nations Summit for Gender Equality. Read more about Emma here.