Let’s be honest, you sell jewelry for two reasons: a quick payout and to get rid of unpleasant memories. Jewelry is a fairly common present and, while the intention is to keep it forever, unforeseen factors could influence you to sell it. Whether it’s a bad breakup, financial problems, or the need for a little extra cash, Luriya’s here to help you determine whether it’s time to sell your jewelry.

First and foremost, you’re probably reading this article because you’re searching for the best place to sell jewelry in NYC. However, we hate to inform you that there’s no such thing. Selling jewelry in Manhattan can be a stressful experience. You can spend all day searching for the best jewelry buyers but you would still come out of it empty handed.

The world of jewelry today is so vast that you can have one jeweler providing both wholesale and retail services. James Avery for example, would be able to be both a wholesale jeweler and a retail seller because they can make their own jewelry and then retail it for higher prices. Jewelry buyers and sellers have to have a little knowledge of the relationship between wholesale and retail to find the best prices that will work for them. Wholesale and retail directly influence each other. Knowing ahead of time about what the market can bear will increase your chances at making a profit from selling your jewelry, or save you a ton of money when buying!

When choosing a piece of jewelry, it is typical to want something with some sort of special meaning. Often we find certain symbols to be appealing as we feel connected to the meanings they convey. Whether it’s a cultural symbol or a specific gemstone, there are many reasons people wear the jewelry they wear.