Real-time access to thousands of experts and relevant Q&A easily - via desktop or mobile.
Real, practical advice you can't find anywhere else on virtually all things small business.
Reputable experts with the biggest range of expertise as rated by the community.
Upgrade to premium
Exclusive information and tools
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...
4.28K views
Aishah Mustapha, Community Manager at ONETOUCH ACCOUNTING SOLUTIONS
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.
What do you look for when you get quotes or talk to commercial cleaning companies?
39 views
Editor at SavvySME
Top 10%
Full Time Blogger and YouTuber at A Custom Blog in 4 Minutes
Top 10%