Question: Does Kay Jewelers Buy Jewelry Back?

Can you sell jewelry to a jewelry store?

Selling your jewelry in person to a local shop may still be the best way to get the most money out of it.

Here, too, you have lots of options, including coin shops, pawnshops, consignment shops and jewelers.

The American Gem Society provides a list of local jewelers who buy jewelry..

Is it better to pawn or sell jewelry?

Pawning your jewelry is a really good option for two reasons. First, it’s great if you need money quickly but you also want to keep your jewelry. Second, because the pawn shop doesn’t have to worry about having to sell your jewelry, you’ll probably get more money. … Shop around at different pawn shops or jewelers.

Where can I sell my diamond ring for the most money?

The best options to sell your ring are:Online. The fastest and easiest way to sell your ring will be to find a diamond buyer online. … An Independent Jeweler. Another sales route is to visit an independent jeweler. … A Vintage Jewelry Store. … An Auction. … A Broker. … Pawnbroker. … Worthy.com. … CashforGoldUSA and CashforDiamondsUSA.More items…•Sep 8, 2020

How much do pawn shops mark up jewelry?

The price a pawn shop will pay will vary because it depends entirely on how much a particular pawn shop will pay for your items. However, you can expect offers that range between 50% – 60% of the value of your jewelry.

Is it worth it to pawn jewelry?

If your jewelry is too sentimental to part ways with for good, you need to consider if you’re going to be able to pay back your pawn loan if you pawn the jewelry. … If your jewelry is sentimental and you know that you’ll be able to pay the pawn loan back in time, it’s worth it to pawn it.

What is the best website to sell jewelry?

So what are the best websites to sell jewelry?Etsy.eBay.ArtFire.Bonanza.Zibbet.Sep 8, 2017

Can you sell jewelry back to Kay’s?

Kay Jewelers opened its first store in Reading, Pennsylvania, in 1916. … The Kay Jewelers Gold Exchange is an opportunity for you to sell your used, unwanted gold and platinum jewelry through a secure program from a company you know and have trusted for years.

Do jewelry stores buy back rings?

While it is a financial loss to sell your ring for scrap gold, at least you are able to recuperate some of the cost. Most jewelry stores and pawn shops pay approximately 50 cents for every dollar of scrap gold value. If the value is $1,000, for example, a store will offer to buy the ring for approximately $500.

How much is a 14k gold ring worth at a pawn shop?

For example, as of the day of writing this article pawn shops pay around $1250 for an ounce of pure gold. If you have 10k gold jewelry, you can sell it for $16.35 per gram, and 14k gold jewelry can be sold for 423.50 per gram.

How can I sell my jewelry without getting ripped off?

Here are some things to keep in mind to avoid being ripped off as you sell your gold:Know the Realities of Selling Gold. Realize that even though gold prices are above $1,800 an ounce, you aren’t going to get that. … Shop Around. … Keep the Gems Separate. … Be Careful of Mail-In Gold Sales.

How do you price Fine Jewelry?

The pricing formula I use and what I’ve been told by mentors is materials + labor (I charge $20 an hour) + (10% to cover overheads) x 2 = wholesale price. Then you multiply that number by 2 or 2.5 to get your retail price.

Can you take a ring back to Kay Jewelers?

You can return your item at any Kay Jewelers store for up to 60 days of purchase or exchange it within 90 days. … Again, exchanges can only be done at a Kay Jewelers store location. You can’t return or exchange custom-designed merchandise, class rings, special-ordered watches or any personalized engraved merchandise.