If you never wear your Tiffany engagement ring or other jewelry, sell it.
Tiffany does not buy back jewelry, so if you want to sell your items, you’ll need to explore options such as a pawn shop, jewelry store, or online marketplace.
Tiffany & Co. is an iconic, legacy luxury brand that tends to hold its value more than unbranded jewelry. However, not that the price of diamonds has plummeted in recent years thanks to the rise in popularity of lab-grown diamonds and overall drop in popularity of the gemstone. For that reason, do not expect any more than half of what you paid for your Tiffany jewelry when you sell it — and perhaps even less. We elaborate on diamond prices in this post.
In this post, we’ll explain what to do with unwanted Tiffany jewelry, how to determine what your jewelry is worth, and where you can sell it.
Our recommended place to sell Tiffany jewelry is Worthy.com, an online marketplace that will auction your item to their jewelry buyers. Get a free Worthy estimate >>
Everything you need to know about selling your Tiffany jewelry or watch:
- Where to sell Tiffany jewelry
- How to sell Tiffany jewelry
- How to assess what Tiffany jewelry is worth
- How to appraise Tiffany jewelry
- How to tell if Tiffany & Co. is authentic
First, let’s go through options for selling Tiffany jewelry:
Where to sell Tiffany jewelry
Thankfully, there are reputable places where you can be assured you will get a great price selling your diamond Tiffany jewelry with a company with a good reputation, including:
- Pawn shops
- Jewelry stores
- Jewelry auctions
- Online jewelry buyers
Get a loan on or sell Tiffany jewelry at a pawn shop
Typically, pawnbrokers will give you quick cash, but also pay the lowest sum for jewelry, especially a branded piece like Tiffany. Learn more about how pawn shops work and how to find a reputable one.
You can use jewelry as collateral to secure a personal loan through companies like Diamond Banc that specialize in jewelry loans, if you're not ready to part with your Tiffany jewelry. Check out our Diamond Banc review.
Jewelry store near you
A local jewelry store can be a good option for selling your Tiffany jewelry, especially if you have a relationship with a jeweler you trust.
Keep in mind that local jewelers have high overhead for their real estate and staff. The competition for local jewelers is much lower than online buyers, who compete globally and have been found to pay a higher, more competitive price.
While there are some pros of going local to sell jewelry, ultimately, online diamond buyer marketplaces are a better option to sell Tiffany jewelry.
Sell at a jewelry auction
Auction houses like Sotheby’s and Christie's, as well as other online jewelry auctions are typically interested in very high-end pieces, especially those with important provenance and documented history.
Worthy's online auction marketplace is accessible to everyone with jewelry with a resale value of at least $1,000. Read about Worthy in our review.
Sell Tiffany jewelry online to professional jewelry buyers
There are many online jewelry buyers, as well as diamond buyers, a few of them are worth working with. I elaborate on the big players in the online diamond jewelry seller marketplace, which include Abe Mor and Diamonds USA.
When you sell Tiffany jewelry online with a reputable buyer, one of the benefits is that they are more likely to get you the best price because of low overhead, while a local jeweler is simply limited to that one location and likely one set of eyes to determine the value and offer.
How to sell Tiffany to a professional jewelry buyer online
When you’re selling Tiffany jewelry online, it pays — literally — to sell to a reputable and professional jewelry buyer. There are different types of online professional jewelry buyers, including auction houses, consignment stores, and online jewelers.
When you’re selling Tiffany jewelry, do your research and choose a company that has a strong reputation. Check ratings from the Better Business Bureau and Trustpilot, and read previous client reviews.
How to sell Tiffany jewelry online at Worthy.com
Worthy uses an auction format. If accepted, your ring is photographed and listed for auction. Diamond buyers in their network can bid on listings. Worthy
Listing your ring, bracelet, loose diamond, watch, diamond jewelry, necklace, engagement ring, estate and inherited jewelry, or other items on for sale via Worthy works like this:
- Go to Worthy.com.
- Enter your contact info, and a few details about your jewelry, including any lab report and a picture.
- Receive a trackable FedEx mailer within a day, typically.
- Send your item via a trackable FedEx mailer, insured for up to $100,000.
- Receive a GIA-certified lab report and for your engagement ring or other jewelry.
- Work with a Worthy associate to set the price for your item.
- Once the auction closes, you receive payment via Paypal within 5 business days — or by check. The whole process takes about two weeks.
Note Worthy says: Prior to auction there is no obligation of any kind. During the preparation process, you will work with an auction manager to set a reserve price (the minimum price you are willing to accept). If the highest bid meets or exceeds your reserve price, you are committed to selling the piece. If the highest bid does not meet or exceed the reserve price you chose, you can opt to have the piece shipped back to you free of charge.
What percentage does Worthy get?
Worthy.com gets paid via a commission on the sale price of your valuable. Here is their commission fee schedule:
|Sale price of your item
|Up to $5,000
|$5,001 – $15,000
|$15,001 – $30,000
|Jewelry Box (3 or more valuables)
What to know about Tiffany & Co.
Tiffany is one of the most trusted, beloved brands in the jewelry industry.
A recent survey of nearly 6,000 consumers by research firm Kadence International, ranks Tiffany & Co. jewelry as having the highest ratings for luxury brands, as defined by measures including product quality, product distinctiveness, brand heritage, enduring appeal, status and exclusivity.
Tiffany engagement rings are the most popular of all branded diamond rings, and therefore more expensive than an unsigned piece of jewelry, studies find.1
History of Tiffany & Co.
You might be wondering how Tiffany & Co. came to be so iconic.
While Truman Capote, author of Breakfast at Tiffany's, might’ve helped, the jewelry giant was a classic long before it graced the big screen in the 1960s.
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.
Tiffany's clean, modern American style 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 & 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.
Aside from it being an awesome history that piqued my interest, there’s a financial moral to the story:
Women (and men) worldwide dream of owning jewelry from Tiffany & Co., which is good news if you’re looking to sell yours!
How to assess what Tiffany jewelry is worth
Before you start the process of selling your Tiffany jewelry, educate yourself about what to expect. Many people assume that the resell value of their jewelry will only be slightly lower than what they paid for it, or the same as its retail value. However, expect to get between 50% and 70% of the retail value of your item.
Before you sell your Tiffany jewelry or watch, take some time to understand its resale value and worth:
Does Tiffany jewelry have resale value?
Yes, the resale value of Tiffany jewelry is high. Tiffany jewelry retains its resale value more than any other branded jewelry because of:
- Ongoing, high demand for Tiffany jewelry
- Timeless design and high quality associated with Tiffany engagement rings and other jewelry
Ongoing marketing and advertising by Tiffany For more than a century, the word “Tiffany” has been synonymous with luxury. The jeweler’s elegant styles and its emphasis on quality stones and metals has made the store a favorite destination for the rich and famous and also for people seeking timeless beauty.
That’s why this jewelry tends to hold its value in terms of resale. An engagement ring or other Tiffany jewelry that’s in good condition can bring a pretty penny (literally!).
How much is a Tiffany necklace worth?
Here are some recent Tiffany necklace auctions on Worthy.com, which range from $1,697 to $3,844:
How much is a Tiffany bracelet worth?
These are some recent Tiffany bracelet auctions on Worthy.com:
Elsa Peretti designs, including her Tiffany bean necklace, Peretti's silver cuff for Tiffany and others, are also in high demand if you want to sell.
How much is a Tiffany ring worth?
The original price or resale price of a Tiffany engagement or other Tiffany ring varies greatly with size, quality and style. Learn more about the value of your ring in this post.
You can maximize your profit if you have your item’s original Tiffany blue box (see why it’s so important below) and any accompanying receipts and paperwork like a certificate of authenticity or information booklet about your piece.
Here are some recent Worthy.com ring sales:
Do Tiffany watches hold their resale value?
Like other Tiffany jewelry, Tiffany watches also maintain a high resale value. These are some recent Tiffany watch sales on Worthy.com, both of which sold for $1,087:
How to appraise Tiffany jewelry
Although Tiffany & Co. does not do appraisals, any respectable auction house should appraise Tiffany jewelry for you. You could also opt for a GIA lab report from an auction site like Worthy.
Most local jewelers in your community will offer a jewelry appraisal, even for free. This can be a good estimate of the replacement value of your jewelry, which can help you get it insured, and understand its value. A local appraisal usually is much, much higher than the actual resale price.
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 really need a certified lab report. An appraisal is different than a diamond lab report, or a certification from a qualified gemologist.
In this clip from Antiques Roadshow, a woman with an 1870 Tiffany and Co. gold necklace underestimated the value of what she had:
How to tell if Tiffany & Co. is authentic
Like anything else of value, there are fraudsters and rip-offs when it comes to luxury jewelry brands like Tiffany. Here is how you can know whether the Tiffany ring, necklace or other piece is the real deal:
How to tell if a Tiffany diamond is real
Just as a Rolex is both the most popular luxury watch and the most subject to fake, counterfeit copy-cats, the unique, sought-after style of Tiffany jewelry is also often copied by imposters.
The best and easiest way to ensure that you do, indeed, own a Tiffany diamond is to get a certified lab report from the Gemological Institute of America. This is an internationally recognized third-party laboratory with very sophisticated equipment, and for $100- $300 (or more for larger stones) will provide verification that your Tiffany engagement ring is real (or not) and a full report of the diamond’s dimensions.
If you do have a GIA certification, you can double-check its authenticity with the free and quick GIA Report Check.
Other ways to determine if your Tiffany jewelry is real include:
- Examine the piece’s overall quality
- Breaks in links
- Adequate spacing between letters
- Sterling stamp on sterling items
Tiffany’s 4 C’s of diamonds
I also advise that in this stage, you educate yourself about the famous 4 C’s of diamonds. This is where Tiffany’s special sauce is ever-evident.
The 4 C’s are a well-recognized foundation for measuring the quality and value of your diamond. Tiffany diamond cutters take these elements to the next level to ensure that every real Tiffany diamond is of the highest quality.
Cut is simply the way the cutter cut the diamond, and the skill and precision of the cutter’s work. The more precise the cut, the more beautiful the diamond is to look at. Tiffany commits to the highest quality cuts, and guarantees its diamonds for a lifetime.
The color of gem-quality diamonds occurs in colors ranging from the most valuable, D, which are completely colorless, to Z, or light yellow. Deeper shades of yellow (also called “canary diamonds) and brown (“cognac diamonds”), as well as “fancy” diamonds that are naturally blue, red, and pink are graded on their own, separate scale.
Tiffany only sells colorless, or nearly colorless diamonds. Here is Tiffany’s color scale:
Diamonds usually have internal flaws called inclusions, or external characteristics known as blemishes. Diamonds without inclusions or blemishes are rare; however, most characteristics can only be seen with magnification. When Tiffany diamond graders find that a diamond’s clarity falls between two grades, Tiffany will always assign the stone a lower grade—and not inflate a diamond’s clarity grade.
Tiffany claims it never sells diamonds with visible inclusions or blemishes.
This is the diamond clarity scale from the American Gem Society:
The carat is the diamond’s physical weight measured in metric carats. One carat equals 1/5 gram, or .20 grams, and is subdivided into 100 points.
Carat weight is the most objective grade of the 4Cs, and in and of itself does not determine resale value. You can have a 50-carat, low-quality diamond that is worth less than a high-quality diamond that weighs .5 carats.
Any time you resell jewelry, there are some surefire ways to maximize your profits.
But with a Tiffany & Co. piece, you have a few extra steps to take.
Keep your blue Tiffany box (and anything else that came with your purchase)
Remember when I said there was a little more to selling a Tiffany & Co. piece than your other jewelry?
Here it is.
There are three reasons why presenting that little blue box matters so much:
- Establishes Tiffany jewelry’s authenticity
- Buyers want the complete Tiffany experience
- You can earn more money
Authenticity is important to both diamond buyers and the people who bid on your items. Tiffany & Co. jewelry has several distinct trademarks, from the Tiffany & 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 & 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.
FAQs about selling Tiffany jewelry
What if you don’t have the Tiffany blue box?
If you’ve 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 & 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 & Co. piece.
Do your research and you can profit from your Tiffany jewelry, even if it’s missing the package.
Does Tiffany buy back jewelry?
If you are wondering if Tiffany buys back jewelry, the answer is no. But, Tiffany will issue a full refund within 30 days of purchase, with receipt, as long as your jewelry is in resalable condition.
While Tiffany & Co. does not have a buy-back program, Tiffany does have an upgrade program for engagement rings. Tiffany will give you store credit equal to your original purchase price, which you can use toward the purchase of a new Tiffany engagement ring.
Bottom line: Where is the best place to sell Tiffany jewelry?
Worthy is the best place to auction Tiffany jewelry.
However, if you need cash now, Diamonds USA is less complicated because they buy jewelry.
- “Tiffany & Co. Tops Luxury Ranking List Among U.S. Consumers,” June 14, 2024 National Jeweler https://nationaljeweler.com/articles/3985-tiffany-co-tops-luxury-ranking-list-among-us-consumers
Yes, Tiffany resale value is high. Because of the ongoing, high demand for Tiffany jewelry, and because of the timeless design and high quality associated with Tiffany engagement rings and other jewelry, and ongoing marketing and advertising by Tiffany, Tiffany jewelry retains much of its value.
If you are wondering does Tiffany buy back jewelry, the answer is no. But, Tiffany will issue a full refund within 30 days of purchase, with receipt, as long as your jewelry is in resalable condition.