Does Buying Pre Owned Jewelry Save You Money?

woman wearing pre-owned jewelry
    Photo by Andie Gómez-Acebo on Unsplash

Absolutely!

Buying pre owned jewelry can save you a significant amount of money compared to purchasing new pieces. Here are some benefits:

  1. Cost Savings: Pre owned Jewelry often comes at a fraction of the current retail price and usually sells for 1/3 to 1/2 the cost of new jewelry. For example: The same 1 Carat Diamond Ring that sells new for $6500.00 may sell pre owned for only $2500.00!
  2. Contemporary Jewelry: Often you can find a modern design that was only worn a few times and is still in brand new condition. This may include a well-known designer piece (such as Tiffany, Cartier, etc.)…and because it is considered to be “used”, the item is now priced at the Jeweler’s cost. (Wholesale)
  3. Unique Finds: You can discover one-of-a-kind pieces of jewelry that aren’t available in stores.
  4. Quality: Many pre owned vintage pieces are crafted with high-quality materials and can be more durable than some modern jewelry.
  5. Sustainability: Choosing pre owned jewelry helps reduce demand for new materials and is a more eco-friendly option. Re-purpose, re-cycle, re-use!
  6. Investment Potential: Some antique and estate jewelry items can appreciate in value over time.

When buying pre owned jewelry be sure to check for authenticity and condition before purchasing!