Do you need to sell your jewellery?
You may own, or have inherited, jewellery you no longer wish to keep. Deciding how and where to sell it can be confusing, and the wrong choice may result in being paid far less than the item’s true value. Below are the most common routes available, each with its own advantages and limitations.
Cash offers from dealers
You can obtain a cash offer from a dealer who holds a valid Second-Hand Buy-In Permit. You will be required to provide identification and a physical address, and payment is typically made by bank transfer.
This is the quickest way to sell jewellery, but it usually results in the lowest value. Cash offers are often time-limited and commonly based on wholesale or scrap considerations rather than retail potential.
Selling on brokerage
You may leave your jewellery with a reputable jeweller who is prepared to sell it on your behalf. Ensure you receive a proper receipt with clear descriptions and photographs of your items.
Agree on a realistic minimum value. This should be higher than a cash offer, but not unrealistically high, as overly ambitious pricing may result in the item never selling. No reputable jeweller can guarantee when an item will sell.
Selling at auction
An auction house will usually provide an estimated value at which they are prepared to offer your jewellery. Auction prices are often closer to wholesale than retail, and fees materially affect what you receive.
Before committing, confirm the full fee structure, including seller commission and any buyer premiums, as these influence final outcomes.
Selling privately
Selling jewellery privately to trusted family or friends can sometimes achieve the highest value, provided it is offered at a fair price below retail. However, advertising valuables publicly—online or in print—can create safety risks. Always prioritise security and avoid meeting strangers in uncontrolled settings.
Prins & Prins guidance
Prins & Prins is one of the jewellers granted a Second-Hand Buy-In Permit to buy second-hand jewellery from the public. You are welcome to make an appointment and we will advise you on the most suitable route for your specific items and circumstances.
Frequently Asked Questions
What is the fastest way to sell jewellery?
A cash offer from a licensed dealer is usually the fastest route, but it typically results in the lowest value because offers are often based on wholesale or scrap considerations.
What does it mean to sell jewellery on brokerage?
Brokerage means a reputable jeweller sells the jewellery on your behalf. You should receive a written receipt with photographs and clear descriptions, and agree on a realistic minimum value.
Are auctions a good option for jewellery?
Auctions can be an option, but the final amount you receive is affected by seller commission and buyer premiums. Auction prices are often closer to wholesale than retail.
Is it safe to sell jewellery privately?
Selling privately to trusted family or friends can achieve good value, but advertising valuables publicly can create safety risks. Always prioritise security and meet in safe, controlled environments.
Can Prins & Prins buy second-hand jewellery from the public?
Prins & Prins holds a Second-Hand Buy-In Permit and can advise on the best disposal route for your jewellery. Requirements may include identification and address details as required by regulation.