Image Source: A Vintage Splendor
The pre-loved jewelry market is great for buyers and sellers alike. If you’re buying, you can get a piece of high-quality luxury jewelry for a fraction of its original retail value. Plus, you can shop with peace of mind knowing you’re making a sustainable choice – buying pre-owned jewelry is great for the environment, not just your wallet. You also have a better chance of snagging something that feels rare and unique…so your new investment piece will feel extra special.
If you’re selling, you can cash in big-time on pieces of fine jewelry you no longer even wear. Fine jewelry is almost always in style, so there will always be a demand for high-quality pieces (or, at least for the materials your pre-loved jewelry is made from).
Here are the three things you need to do before you buy or sell pre-loved jewelry.
- Check for authenticity.
- Do your research.
- Make sure the listing is legitimate.
1. Check for Authenticity
If you’re buying a piece of pre-loved designer jewelry, make sure to ask the seller about authentication – they should be able to provide a receipt from their original purchase, or have a recent appraisal to show you. You can also shop TheNOBO’s marketplace for a new-for-you style that comes with 100% Authentication Assurance and buyer protection.
If you’re selling, do your due diligence before you list your pre-owned jewelry. If you’re selling a designer bracelet, necklace, or ring, contact the brand directly about verifying its authenticity. Even if you’re not selling jewelry with a brand name, take it to a jeweler you trust for an appraisal – you should verify the quality and authenticity of the metals and stones before deciding how to price.
2. Do Your Research
Beyond verification, do some research before you decide on a price point. If you’re buying, don’t make an offer on the first piece of pre-loved jewelry you see. Instead, shop around so you can get an idea of the price range you should be targeting.
And if you’re selling, make sure you’re asking a realistic price for your jewelry. If you have the original packaging, receipts, and paperwork that came with your item when you got it, you might be able to list it at a higher price. But if you list it *too* high, you probably won’t get any takers.
3. Make Sure the Listing is Legitimate
Beyond deciding where to shop or sell, look for legitimacy in the listing. If you’re buying, look for high-quality photos, and lots of detail in the listing description.
If you’re selling, use attention-grabbing photos that accurately display your piece of jewelry including close-up shots of any wear and tear. It’s best to be upfront about any damage before you make the sale! Also, include details about materials and sizing so potential buyers know everything they need to make a decision.
Don’t leave selling your valuables up to chance – make sure to list your pre-loved jewelry on a trustworthy, legitimate marketplace like TheNOBO. At TheNOBO, we only allow the sale and trade of 100% authentic luxury designer products. So, whether you’re buying, shopping, or trading, you can do so with peace of mind.