Why Buy Pre-Owned
Why Choose Pre-Owned Jewelry, Watches, Handbags, and Other Luxury Items? Why not? For the most part, Pre-Owned Jewelry cannot be distinguished from new. The markup or profit on jewelry is absurd. Buying Pre-Owned jewelry can save you half if not more. Few stores openly advertise the selling of Pre-Owned jewelry, often integrating it with new items without full disclosure.
Is Purchasing Pre-Owned Luxury Items Acceptable? Purchasing Pre-Owned luxury items has become widely accepted, with numerous websites and stores specializing in the Pre-Owned market for various valuables.
Why Else should you buy Pre-Owned Jewelry? Jewelry is notoriously difficult to research, and price compare due to its unique characteristics. Consumers often rely on jewelers to set fair prices, sometimes resulting in inflated margins.
Why do most stores not offer Pre-Owned Jewelry? Two reasons. Cost and sourcing. Most stores cannot afford to pay for their inventory upfront. They take it from wholesalers and manufacturers who give them six months to a year to pay for it. We own SellMyJewelry.com. People nationwide send us items they want to sell, thousands each year. The nicer items are sold on our store and website. The balance is scrapped, wholesaled, or auctioned. We have a constant and always-changing source of Pre-Owned Jewelry.
Pre-Owned Watches: Customers have been comfortable buying Pre-Owned watches for many years. They are usually refinished and come with warranties. This allows consumers to find desired styles and models at lower prices.
Pre-Owned Designer Handbags: With the escalating prices of new handbags, opting for Pre-Owned has become a more affordable and desirable option for fashion-conscious women.
Pre-Owned Automobiles: The Pre-Owned automobile market has long been established, with sales outnumbering those of new cars threefold. In 2022, 40 million Pre-Owned cars were sold, showcasing the popularity of this market segment.
Pre-Owned Diamonds: There's no difference between Pre-Owned and new diamonds. Most diamonds sold at retail outlets were previously owned and do not come directly from a mine.
Pre-Owned Jewelry: Unlike clothing, handbags, and automobiles, most jewelry doesn't show signs of wear. There's minimal distinction between Pre-Owned and new jewelry. Our Pre-Owned pieces are typically cleaned, polished, and serviced if needed before sale.
Large Inventory: Our store boasts a vast inventory, much of which isn't displayed due to space constraints. Items are stored offsite and regularly updated, allowing us to wholesale stagnant inventory. This ensures a constantly changing selection, unlike traditional jewelers who struggle to liquidate unsold stock without significant losses.
New vs. Pre-Owned: In most cases, purchasing Pre-Owned is a better buying decision than purchasing new. We prioritize educated customers over elaborate sales tactics, focusing on buying and selling wholesale. Our low profit margins reflect our commitment to fair pricing and customer satisfaction.
No Sales, No Financing: We never offer sales or financing, believing such practices are disrespectful to customers. Our transparent pricing ensures fairness and avoids the frustration of price fluctuations after purchase.
Professional Polishing: Items are carefully polished to restore their luster and appeal. This makes most items indistinguishable from new.
Photography and Certification: Most items are professionally photographed for our website. Most diamonds over .50 are sent to the Gemological Institute of America (GIA) for grading providing customers with their true specs versus appraisals from jewelers which can be suspect.
Presentation: We understand the importance of presentation. That's why we invest in the best displays, boxes, packaging, and even personalized thank-you notes to ensure each item is presented in a professional and classy manner.
Conclusion: Opting for Pre-Owned items is a smart choice for most buyers, offering high-quality goods at a fraction of the cost. Whether you're looking to save money or afford higher-end items within your budget, Pre-Owned options provide excellent value and quality assurance.