Pre-Owned Jewelry – A Real Bargain!

Should you buy pre-owned jewelry from a trusted gold and silver dealer?

What do jewelers usually do with pre-owned jewelry? Now, when you sell a diamond ring to a gold and silver dealer what do you think would happen to it? There are four possible outcomes, one is the metal will be melted down and will either be sold or reused to design a new piece of jewelry, like a new ring, bracelet or necklace. Two, Its stone(s) may be inventoried or sold separately or three, the diamonds will be remounted into a new jewelry setting, and lastly the jeweler can leave the ring intact, clean and polish it to perfection, then resell it.

Pre-owned Jewelry Advantages

Buying pre-owned jewelry is much cheaper and you get the same quality or possibly even better quality than what you might get when purchasing promotional grade engagement ring brands jewelry, that is extremely cheap. Gold and Silver delears sell pre-owned gold, silver, diamond and platinum jewelry and offer discounts that can sometimes reach 30-70%. This is a jewelry purchasing option that you should not overlook considering how expensive jewelry can be in most jewelry stores.

Where to Find the Best Pre-owned Jewelry

Mostly, Jewelers selling used merchandise will label it as “Estate Jewelry” or “Pre-Owned Jewelry” (or “Previously Owned”). They use these names to designate pre-owned jewelry. Sometimes, they label it as “Refurbished”. These signs or labels could guarantee you huge discounts since it is certain that it is used jewelry. You will not find this type of jewelry at the brand name “big box” jewelry stores that sell their jewelry at inflated prices. You will find these excellent jewelry deals at independent jewelry stores, especially stores that are big buyers from the general public. They typically have a nice selection of jewelry, diamonds and more at discounted prices.

A bargain should you buy it?

You don’t want to pay a full and expensive price for something that is pre-owned, right? When buying pre-owned jewelry, you need to be extra careful and address any of your concerns by thoroughly inspecting and asking questions about the piece. There are certain indicators of a used piece that you should take notice of, signs of wear like scratches in the metal, small breaks in the gemstones, and missing hallmarks that are always stamped on the inside of the ring shank or on the back of a pendant. If the piece doesn’t look like new on closer inspection, stay away if they are offering it at full price instead of a bargain discount sale. With used jewelry you have to keep in mind that it is, used. No one knows for how long, but one can certainly tell how much it was used by it’s condition. So you should bear these things in mind and really inspect the piece to ensure that tips, prongs, clasps, ring shanks, chain and bracelet links are in good condition to ensure that you will be able to enjoy the piece for years to come. Though it depends on the degree of wear, you might expect to get some of its parts repaired over time. What buying pre-owned jewelry really boils down to taking a calculated risk and the possibility of saving a lot of cash. Taking a knowledgeable and close look at the pre-owned jewelry you are about to buy will rule out the possibility of buying a piece that may require repair soon, so look at it closely, ask all the appropriate questions then purchase and enjoy, knowing that you bought a great piece of jewelry at a bargain price. Did I mention that there is a huge advantage to having a good relationship with your jeweler? A trusted dealer can help you find a great deal on good to great quality pre-owned jewelry at unbelieveable prices. Just as educated jewelers are in re-selling quality pre-owned jewelry, it is wise to be an educated buyer as well!


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