The best place to sell jewellery and watches online

With the popularity of selling jewellery and watches direct to buyers, online platforms have never been easier. But with so much choice to sell your jewellery online, how do you decide? Whether it’s time for a change, you are having a clear-out or want to turn your asset to cash, we take you through the pros and cons of different ways to sell your jewellery and watches online to ensure you chose the platform that is right for you. 

Auction houses

With their wealth of expertise and experience, auction houses offer an informative and reliable outlet to sell your jewellery and watches. Their on-hand experts will be able to provide detailed information and approximate values of your items before the sale creating a good option for those unsure of their items’ exact worth and how much they could achieve. In addition, auction houses attract specialist collectors and enthusiasts, hosting a large range of potential buyers potentially resulting in increased prices due to competitive bidding.

On the other hand, the fact items are sold in an auction process as opposed to a set price leaves room for unexpected results. There is no guarantee of items selling for specific amounts or even selling at all! In addition, when selling jewellery and watches at auctions you will be expected to pay fees and commissions which will reduce the overall amount you receive. Auction houses typically charge around 20-30% of the hammer price in fees and commissions. The auction process can also be time consuming as you have to wait for items to sell before receiving payment and often have to wait for specific auctions to take place before your items are displayed. 

Online marketplaces such as eBay or Facebook Marketplace

For those looking to avoid hefty auction house fees and commissions, online selling platforms such as eBay and Facebook Marketplace offer a viable option. With eBay removing their selling fees this year, these platforms ensure you receive the full amount of your items’ sale, whilst being able to set your own prices. Online platforms also have a large reach of potential buyers without you having to leave the comfort of your own home.

However, due to the saturation of items on these websites, there is no guarantee of when your jewellery or watch will sell and it can be a lengthy process as you will need to list, price and photograph your items yourself. Furthermore, buyers may want authenticity guarantees for pieces which can result in further costs and some online platforms can be targeted by scammers so it is important to always be vigilant and take precautions when selling jewellery and watches in this way.

Online buyers such as PM Antiques and Collectables

If you are looking for a fast and effective way to sell your jewellery and watches without having to wait for payment, online appraisal services such as PM Antiques and Collectables may be a good option for you. PM Antiques and Collectables has a wealth of experience and is able to offer a fair up front price for a large range of jewellery pieces and watches. Many items can be apprised over images and all the offers are free of charge with no obligations. As we buy items into stock, there is no need to wait for the items to sell before receiving payment and you do not need to worry about listing items yourself as you would on online selling platforms such as eBay. Additionally, PM Antiques and Collectables does not take any fees or commissions, the price we offer is the price you receive resulting in one smooth and easy transaction. If this sounds good, get in touch today to see how much we could offer for your jewellery and watches.