Americans love their jewelry. You can tell because the average American consumer spent $136.33 on jewelry in 2021, second only to China. And that’s not even considering that 42% of American inherited family heirlooms older than 50 years. As new and more fashionable designer jewelry becomes available, you may no longer have much use for your older, more expensive pieces. In this case, your best option is to sell it!
What’s the point of holding on to unused items? If you have a jumble of unused jewelry, gold, or silver pieces collecting dust in a box, selling them seems like the most practical option. You could use that money toward something that you actually use. Here is a look at why you need to sell unused items, tips to help you sell, and where you can sell jewelry.
Why sell it? All the gold, silver, or jewelry you don’t use can become profitable
Question is, why not? If you don’t wear it, sell it! That seems sound advice, as you won’t miss the pieces anyway. Moreover, you might use the proceeds to do something meaningful, such as supplementing your income or fund a special purchase.
Some options for selling jewelry include pawn shops, traditional jewelry stores, the virtual marketplace, and of course Doylestown Gold Exchange. You might make several hundred dollars or more based on the item’s make, model, and market value.
Statista reports that around 35% to 45% of Americans have valuable jewelry, merely sitting around doing nothing. What is the use in keeping that broken necklace, old bracelet, or other jewelry you never wear?
The value of these expensive items may diminish when you ignore them and leave them to gather dust. Get some money for your jewelry instead of letting it sit around unused. You can utilize the cash from selling your items to pay off debt, vacation, or buy new jewelry that catches your eye.
What unused items can you sell?
- Chains and cords
- Lacquered Roses
- Brooches and pins
- Beads and charms
- All manner of rings
Tips for selling your unwanted items
1. Know the value
Don’t rush to sell until you have a clear idea of the value and authenticity of your item to avoid getting low offers. You can hire an independent third-party appraiser to help you determine the wholesale value of your item if you believe it to be valuable.
2. Set realistic values
It would help if you remembered that the buyer would also have to turn a profit after selling the jewelry or any other unwanted item. Demanding the full price for a piece is off-putting to potential buyers, so you won’t find many takers, if any.
3. Where to sell
If you want a great bargain on jewelry or any other valuable item, an excellent place to start would be your neighborhood pawn shops. Since they have dealt with similar situations before, jewelers in your area can accurately assess your jewelry instantly and offer to buy it.
Sell your unwanted items with Doylestown Gold Exchange
We at Doylestown Gold Exchange live by this clarion call “if you don’t wear it, sell it!” Shed unnecessary items you don’t need and watch your bank account grow.
Further, we provide complimentary appraisals so you know what the item is worth before you offer it for sale. You are under no pressure to sell, and we promise to give you the most reasonable offer on your item.
We understand that the only way to succeed is to be fair to our customers, which explains why this family business has successfully dealt with precious metals for the past 20 years.
Contact us or book an appointment to appraise your jewelry and receive a fair offer on the pieces you no longer use.