Selling jewellery is the art of balancing between fast transaction and the dollar received.

Finding the right option to sell your jewellery can be time-consuming and tricky. Here are different methods you can choose:

1. Pawnshop

Pros: If you need cash extreme fast, pawnshops provide the quickest cash for emergencies. Pawnshops are often easy to find and make for a quick transaction.

Cons: Pawnshop employees are not experts in the field and will often offer you a price that is much lower than the real value of your items. Pawnshops rely on your lack of knowledge and need to sell items quickly. Pawnshops are often uncomfortable and unfriendly.

SPEED – HIGH ★★★★

PRICE – LOW ★

SAFETY – LOW ★

2. Auction House

Pros: High-end, valuable jewellery is best suited for these auctions. Some famous auction houses follow a very high standard in cost and quality. The goal is to find the best auction house for your specific piece of jewellery.

Cons: Whilst the auction house is a reliable place to sell, it can be a bit risky since the end price is unknown. You may get the right price and value for your piece or you may not.

SPEED – MEDIUM ★★

PRICE – UNKNOWN

SAFETY – HIGH ★★★★

3. Local Jewellery Stores

Pros: Going to your local jewellery store may be a better choice than a pawnshop. It’s a much quicker and safer option. Many jewellers have great knowledge and experience in understanding your items worth.

Cons: Some jewellery stores don’t have permitted license to buy your jewellery. If you are lucky to know a local jewellery store that will buy your unused jewellery for the best price, go there. However, research showed that most people don’t get the best money for their jewellery in a jewellery store than a certified gold/jewellery buyer. 

SPEED – HIGH ★★★★

PRICE – MEDIUM ★★

SAFETY – MEDIUM★★

4. Certified Gold/Jewellery Buyer

Pros: This is considered as the best option to sell your jewellery. They are not only a RELIABLE option (fully licensed), they will also give you THE BEST PRICE due to their experience and expertise. A good certified gold and diamond expert will offer you the best advice, even if that means selling you item elsewhere! You can expect the fairest and most accurate service as they use word class technology.

Cons: The process maybe not as quick as in pawnshops, however it is varied for different companies, with many companies offering a fast and seamless experience. 

SPEED – MEDIUM★★★

PRICE- HIGH ★★★★

SAFETY – HIGH ★★★★★

A few tips to choose the best gold/jewellery buyer: 

  • A trusted name, high credible company
  • Safe and confidential process
  • Offer fast, simple ways to sell your jewellery
  • Fair market value
  • Offer insurance service
  • Exceptional customer feedbacks
  • Value customer experience 

Do you need advice? Or are you looking to sell. We offer a no-obligation free quote for your unwanted jewellery. Visit our Sydney CBD store or request our awarded mail-in service GoldPak!


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