Wendy Huang
Wendy Huang, Full Time Blogger and YouTuber at A Custom Blog in 4 Minutes

Lifestyle and health

Do you know sustralian business that buys second-hand jewelry?

I'm wondering if anyone here knows of someone that buys 2nd hand designer jewellery and then resells it. I know these stores are common in the US but I haven't really found a similar alternative here.

I have a Tiffany & Co necklace that I would like to get a valuation for, and it's not something I want to put up on eBay since there are so many counterfiet products.

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8 Answers

Kealey Nutt

Kealey Nutt Director at Eleven & Twelve

If it's designer or valuable jewelery I know places like Paris 99 (http://paris99.net) in Melbourne purchase, then re-sale high end pieces. And a friend of mine, Lara McPherson is about to launch 'Wardrobe Wonderland' which I think may end up doing similar, or some version of re-selling/hiring pieces to people. Though both of these tend to deal in vintage and couture.

Otherwise, Etsy has lots of designer stuff for re-sale, and because of the close-knit community on their site, I think counterfeiters and dodgy merchants are pretty quickly dealt with. The stores seem to have a more 'human' and legitimate reputation than those on eBay.

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Catherine Trenton

Catherine Trenton Small Business Owner at Catherine Trenton Jewellery

Yes, we do.  We specialise in second-hand Tiffany & Co., Cartier and Bvlgari fine diamond Jewellery.  www.catherinetrentonjewellery.com

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Aishah Mustapha

Aishah Mustapha Community Manager at SavvySME

I haven’t heard of any such business in Australia, though it does sound like a good business idea. Your options are jewellery stores, consignment stores and pawnshops. Some jewellery stores will buy second hand jewellery, but they may not buy everything. It depends on their customer base, what type of jewelleries they like, and which designs appeal the most. So, if you’re selling a Tiffany & Co. necklace, approach jewellery stores in Sydney that sell preloved Tiffany & Co jewelleries too.
 
The other quicker option is using consignment stores. There’s a few that’s online too such as Collector Square. People are open to buying jewelleries online. Consignment stores will sell your preloved jewelleries and valuables on your behalf, which means they take care of valuation, photos, finding buyers and selling. Of course, they will take a percentage of your sale proceeds. The last option is going to the pawnshop or Cash Converters. They won’t give you the best price so be prepared to take a big loss.  
 
If you’re looking for independent jewellery appraiser to value your necklace, you can try the National Council of Jewellery Valuers. They have a list of valuers on their site.

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Maria Harutyunyan

Maria Harutyunyan SEO Editor at SavvySME

I think that the following website https://www.jaa.com.au/consumers/guidance/selling-your-jewellery will be helpful whether you are looking to sell jewellery in Sydney or anywhere else in Australia, or if you are looking to buy any. 

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Chelsea Creamer

Chelsea Creamer Community Manager at SavvySME

Not sure about your Tiffany & Co necklace but try to approach to the services that are buying diamonds, engagement rings or valuable stuff like that. I'm not sure they'll give you a great price, however, you can at least have a clue about the value of your item.

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Catherine Trenton

Catherine Trenton Small Business Owner at Catherine Trenton Jewellery

We are Australian based and specialise in buying and selling diamond designer jewellery from luxury brands such as Tiffany & Co. Please check out our website here: www.catherinetrentonjewellery.com

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Rebecca Carroll-Bell

Google consignment stores. They will offer your piece for sale then keep a cut of the sale price. 

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Jeffrey Joel

Jeffrey Joel MD at Auspac Trading NSW PL

Cash converters, pawn shops? I can't imagine you would get much from them though.

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