Tag: reselling jewelry

When to Resell Jewelry

Unlike the buy-low-sell-high stock market, when it comes to reselling jewelry, there are no rules or guidelines to know when the jewelry market is hot.

The jewelry market is incredibly fickle, so you cannot accurately predict when is the “right” time to sell. What you can control, however, is when you choose to resell jewelry. To help you increase your odds of making more from selling your jewelry, we explain how to identify when the timing is right for you to sell, trade, or keep your jewelry.

1. SELL trendy jewelry.
If your jewelry is the newest must-have trend, there is a narrow window of opportunity to sell it and make a decent amount back. Because tastes are likely to change on a dime, your piece of jewelry could soon become passé.

The exception to this rule are the pieces that are always en vogue including the Cartier Love Bracelet, a CHANEL C&C brooch and the Hermès Clic-Clac, Kelly, or Collier de Chien bracelets. These are designer pieces that have been coveted since they debuted decades ago and, although fashionable, are not exactly trendy. Therefore, do not mistakenly rush to sell them.

2. SELL when you’re ready.
Perhaps you’ve simply grown tired of a piece, or it doesn’t suit your style anymore. If you’re not excited about your jewelry anymore, sell it. Your jewelry is not likely to appreciate in value sitting in your jewelry box, so there is no incentive to hang onto something you don’t really wear.

3. TRADE if you have your eye on something else.
Jewelers and retailers (including TrueFacet) will offer you store credit when you trade-in your piece. Now, while you will not get the same amount as if you consigned it or sold it outright, the benefit to trading in your jewelry is you can apply the credit immediately—your piece doesn’t need to sell in order for you to receive store credit. Trading in is a smart option if you want to, say, upgrade your diamond engagement ring and already have spotted the new one you want at the same store.

4. WAIT if your jewelry is antique or vintage.
Do not rush out to sell off your grandmother’s earrings unless you absolutely need to. The value of fine vintage or antique jewelry doesn’t fluctuate greatly—in fact, older pieces may even appreciate in value. So, shop the piece around to different jewelers and hold out until you get a solid offer. Until you find a worthy buyer, have the item professionally cleaned and safely store it. For more tips on how to store your jewelry, check out our post here.

5. KEEP it if you still love it.
Never part with jewelry that still carries deep sentimental value. Even if you know you can get a good price for it, you will ultimately regret selling an item that means a lot to you. Moreover, even if you can go back to the jeweler and buy it back, you’ll end up having to pay the full resale price for it.

 

Photo by Whitney’s Wonderland.

Resell Jewelry for the Summer

There’s no better way to make room for new jewelry than selling with TrueFacet. If you have old pieces unworn for years, consider listing these items online so you can move on to the newest trends. When selling pieces you’ll have better luck with certain styles and brands, so we made a list to keep it simple. Here are some of the best and fastest selling items for the summer.


1. Breitling Diving Watches
In 2016, Breitling diving watches have been some of our best-selling men’s watches. We predict that this trend is only going to become even more popular as the summer season approaches. Versatile and durable, Breitling’s sporty diving watches are perfect for the outdoor summer activities. If you are eyeing a different watch, or don’t get much use of your current piece, then consider listing online as these Breitlings tend to move quicker than others.


2. Cartier Love Collection
Cartier Love bracelets have always been a top seller at TrueFacet. The iconic accessory has seen even more popularity since its become a must-have for fashion lovers and jewelry lovers alike. Yellow gold is the most popular, followed by white gold then rose gold. However, the summer has seen an increase in rose gold accessories, so a RG Love bracelet is still a coveted piece. The lower price point of the Love rings makes them a favored alternative to the pricier Love bracelet. Rings in yellow gold are also the most popular choice.


3. Rolex Datejust
The Datejust has been in the Rolex lineup since 1945 and has remained a brand icon since. This simple and well-made timepiece is the perfect watch for any occasion — casual or professional. The Datejust is one of Rolex’s best-selling pieces, and with the high standards of craftsmanship, these pieces withstand the test of time, making vintage pieces a popular choice. The stainless steel with silver dial is the most common option followed by the stainless steel and black dial. Ladies Datejusts are also trending with mother of pearl dials and diamond bezels.


4. Tiffany & Co. Sterling Silver Jewelry
Tiffany & Co. is another jeweler with icon-status jewelry lines. The simple sterling silver rings jewelry pieces are classic, must-have pieces for any jewelry collection. Atlas and 1897 rings have become staples in the same way as the Tiffany heart tag bracelets. The friendly prices of the sterling silver jewelry also contribute to quicker selling.

5. David Yurman Gemstone Jewelry

Finally, David Yurman jewelry, featuring colorful stones like amethyst and citrine, are consistently top sellers. These pieces are also right on trend for the summer. If you have cable bracelets, Albion earring or rings, these items tend to sell the quickest. For David Yurman pieces, sterling silver sells more often than yellow gold.