Looking to sell some of your jewelry and wondering if Worthy is a good option? If you have items like diamond engagement rings, luxury watches, or expensive necklaces that you no longer want, you can sell them on Worthy.com.
At Worthy, they assess the value of your jewelry and then sell it for you through an auction. Multiple buyers can bid on your piece until the highest price is reached. Worthy doesn’t buy your jewelry directly; instead, they clean it and handle the entire selling process, making it very convenient for you.
Selling jewelry can be an emotional and financial decision, especially for items like engagement rings or family heirlooms. It’s important to find a trustworthy place to sell. Worthy.com connects sellers with potential buyers through an online platform.
Whether you have just a few small pieces or high-end jewelry, Worthy is a great place to start. Read on to learn more about this jewelry selling site.
What Is Worthy?
Worthy.com is an online auction platform specifically designed for selling jewelry. It connects you with professional buyers, potentially getting you a better price than selling to a pawn shop, eBay, or a local jeweler. Worthy focuses on convenience and reliability to make the selling process simple and stress-free.
Types of Jewelry You Can Sell on Worthy
Worthy accepts a variety of jewelry items for auction:
– Earrings: From simple studs to elaborate chandeliers.
– Rings: Engagement rings, wedding bands, cocktail rings, etc.
– Necklaces: Gold chains, pendants, pearls, or diamond necklaces.
– Bracelets: Tennis bracelets, bangles, or charm bracelets.
– Loose diamonds and gemstones: Whether they are parts of old jewelry or never-set stones.
– Watches: Luxury watches from brands like Rolex, OMEGA, and TAG Heuer.
The amount you can get for your jewelry on Worthy depends on factors like type, carat weight, grading report, brand, and more.
How Worthy Works
Selling your jewelry through Worthy is straightforward:
1. Go to the Worthy website and provide details about your jewelry for an accurate evaluation.
2. Worthy gives you a shipping label to send your jewelry safely, with insurance coverage.
3. Your jewelry is insured by Lloyd’s of London for up to $50,000 from shipping until it’s sold or returned.
4. Once received, Worthy cleans, evaluates, and photographs your jewelry. A GIA lab report is created for authenticity and value.
5. Your item is put up for auction with a reserve price to ensure you don’t sell for less than desired.
6. Qualified buyers bid on your jewelry. After the auction, you get paid within 5 to 7 business days via PayPal, bank transfer, or check.
Positives of Using Worthy
Worthy is known for its reliability, professionalism, and transparency. The platform is user-friendly, providing regular updates from shipping to final sale. Customer reviews highlight high satisfaction and quick payment.
Worthy Review Complaints
Some users note that it takes around 2 weeks to sell jewelry on Worthy. While this might be longer than other options, it often results in a higher price for your items.
Comparing Worthy with Competitors
Worthy vs other auction platforms: Worthy combines online convenience with live auction competitiveness, often resulting in better offers.
Worthy vs CIRCA: CIRCA offers direct purchase prices without auctions, whereas Worthy uses an auction format to potentially get higher bids.
Frequently Asked Questions About Worthy
– What is the best way to sell jewelry? If you need fast cash, consider a pawn shop or Facebook Marketplace. For the highest price, Worthy is a great option.
– Is Worthy a reputable site? Yes, it’s well-reviewed and offers a thorough selling process.
– How long does it take to get paid from Worthy? Payment usually arrives within a few business days after the auction ends, with the entire process taking about 2 weeks.
– What happens if your ring doesn’t sell on Worthy? You can lower the minimum price and try again or request your item back.
– What percentage does Worthy take? Worthy charges a fee based on the sale price, ranging from 10% to 18%.
Worthy Review – Is selling on Worthy Legit?
Selling jewelry can be both emotional and financial. Worthy.com aims to make the process safe and transparent, offering an auction model that can lead to higher sale prices. With free GIA lab reports, insured shipping, and the ability to set a minimum price, Worthy is a reliable option for selling valuable jewelry. Customer reviews praise the platform for its ease of use, helpful customer service, and quick bidding process.
Steps to sell your jewelry with Worthy:
1. Send your jewelry to Worthy.
2. Worthy evaluates and helps you understand its value. If you’re not satisfied, you can get your jewelry back.
3. Your jewelry is auctioned.
4. You get paid when it sells.
Easy!