Founded in 1837, Tiffany & Co. is a world famous, highly coveted brand with timeless brand equity. Whether it’s the signature Tiffany blue boxes or the much-loved Breakfast at Tiffany’s movie, this iconic jeweller has made its name as a maker of must-have pieces. From earrings to engagement rings to necklaces, selling your Tiffany jewelry can be a straightforward process.
Here are some tips to capitalize on your sale if you’ve decided to part ways with your Tiffany jewelry.
Appraise the value of your Tiffany jewelry
The first step is to do some research to determine the current market price for the piece. A good first step would be to check the Tiffany website to see if the piece is still listed. Not only will this provide important details on the jewelry’s characteristics, having this information will be helpful to a prospective buyer.
You can also estimate your item’s worth by finding similar pieces on online auction sites such as eBay. Following this, it’s a good idea to have your piece evaluated by a qualified appraiser. This professional will be well-versed on current market trends and can give you a fair estimate of how much you can expect from your sale.
Prepare it For A Sale
When looking to sell your Tiffany jewelry, one of the most important steps is to gather all the packaging and paperwork that came with your item. This includes warranty cards, receipts, certificates of authenticity, presentation boxes, as well as additional appraisals or other certificates.
The advantages to this step are twofold:
- This information will facilitate a more hassle-free sale as potential buyers will be able to price your item more accurately.
- The original packaging and papers hold value; many buyers will pay a premium for these items.
Don’t have these items? Not to worry. Though you may receive a slightly lower price, a sale is still possible.
Additionally, you may consider cleaning your Tiffany jewelry. While this may not influence an appraiser’s evaluation, it will make a difference to the everyday buyer interested in purchasing your piece. The average buyer is more likely to opt for the sparkling piece over the dull piece, even if they are identical.
Sell it to a Jeweller
The next step is to shop around for potential buyers by visiting brick and mortar stores and doing some online research to explore your reselling options.
Consider working with a professional who specializes in what you are selling. Not sure what you should be looking for when choosing a potential Tiffany jewelry buyer? Here are some questions to consider:
- Are they accredited with the Better Business Bureau?– BBB Accreditation showcases the the legitimacy of your prospective buyer.
- Do they have positive reviews? – An important factor to consider is the reviews left by past customers. Buyers with overwhelmingly negative reviews should be avoided.
- How long have they been in business? – Working with newer companies with no reputation or little presence is a risky move. Opt for working with an established buyer with years of buying experience.
Sell it Online
There are plenty of options available to you should you choose to sell your jewelry online. Your options include online auction sites, online auction houses and online specialist buyers. Each of these options present their own advantages and set of challenges.
While an online auction site like eBay or Craigslist makes it easy to quickly list your item, it can be difficult to accurately price your item and the process of selling can be time-consuming. Whereas online auction houses tend to favor high-value, rare pieces and includes a tedious process with high fees. Whichever option you choose, make sure that you are working with a platform that is safe and secure. Take necessary precautions such as insuring the item when mailing it in and conducting financial transactions through secure sites.
Have a piece of Tiffany’s jewelry you’d like to sell? Contact Twery’s today. Our BBB accredited business has been in operation since 1982 making us trustworthy experts in purchasing fine jewelry.