How to Sell Tiffany Jewelry | Tiffany Resale Value | Diamond Banc (2024)

FAQs

Does Tiffany have a buy back program? ›

Yes, as part of our commitment to the quality of our diamonds, Tiffany & Co. allows you to upgrade your original Tiffany diamond engagement ring at any time. Upon review, you will receive a credit up to the original purchase price, which can be used toward the purchase of a new Tiffany engagement ring.

Tiffany & Co. pieces have a high resale value because they are timeless and always in demand. If you're interested in selling your Tiffany & Co. jewelry fill out our simple form and we'll send you an initial offer within 48 hours.

How to Sell Used Tiffany Jewelry? Tiffany and Co will not buy back your used Tiffany's jewelry, they only have an upgrade program where you can get store credits and get yourself a different item. If that is what you are going for it will be your best option. However, you will not be able to get cash for your jewelry.

Sotheby's is your most reliable venue to sell a silver tea set, bowl, trophy, flatware set, vase, tray or other silver object by Tiffany & Co. With live and online auctions throughout the year, Sotheby's offers many ways to sell your Tiffany silver for the highest price.

Joining Tiffany's Loyalty Program is easy. Just create an account with us using the link below. Besides becoming a valued member of our program, you'll be able to place orders more quickly and keep track of your orders with us.

Because Tiffany Jewelry is so popular and classic, it is always in demand and has strong resale value. Although you won't get close to retail value for your pre-owned Tiffany jewelry, it's still worth quite a lot on the resale market.

At Tiffany, we believe inclusiveness should never be a luxury. We put our people, clients and communities at the centre of all we do to make the Tiffany dream accessible to everyone, everywhere. Our global Diversity, Equity & Inclusion (DEI) strategy is grounded in three core pillars of Talent, Culture and Brand.

For pricing and appraisals, selling to jewelry stores is better than pawn shops. Pawn shops have high overhead costs and typically resell items at a lower price. Jewelry stores have in-house master jewelers who can provide accurate appraisals and higher prices for your jewelry.

Can you sell jewelry back to jeweler? ›

You can get an easy, immediate payment if you sell your jewelry to a local pawn shop, jewelry store, or "We Buy Gold" business. Alternatively, you can find a buyer on your own and you'll usually get more money. But doing so usually takes more effort, time and it can be very difficult to find a buyer.

925 sterling silver standard that is now used around the world. Tiffany only uses sterling silver, one of the most beautiful and lustrous of all metals. Sterling silver is a precious metal and may require cleaning from time to time.

For more competitive online stores, the average markup on diamonds is less than 10%. On the other end of the spectrum, big names like Tiffany and Harry Winston can get away with high margins in the 200% range because of their branding and marketing reach.

At its hollowware workshop, Tiffany's celebrated silver designs are proudly stamped with “AG925,” denoting the chemical element and its 0.925 purity. This mark does more than ensure authenticity—it is a symbol of the highest quality and expert craftsmanship that Tiffany is known for.

The Priciest Tiffany & Co. Design Ever Made Can Be Yours for $30 Million. Tiffany & Co. is set to make history with its most expensive sale ever. In Dubai, the jeweler unveiled its latest and most valuable creation for sale, the World's Fair Necklace, valued between $20 and $30 million.

Though the products they make and sell are of the highest quality available, the prices that they are able to charge for their products are so much higher than other brands because of the aura of luxury associated with their brand.

Unique Selling Proposition (USP)

Tiffany & Co.'s USP is its strong brand identity and high-end, luxurious products. Its classic designs, combined with the company's attention to detail, have earned it a loyal customer base and a strong reputation for quality.

Whether it's your fifth anniversary or your first, our Ring Upgrade Program offers the opportunity to upgrade your Tiffany engagement ring. Upon review, you will receive a credit up to the original purchase price, which can be used toward the purchase of a new Tiffany engagement ring.

Tiffany & Co competitors include LVMH, Chow Tai f*ck, Harry Winston, Signet Jewelers and Worthy.

How much of a discount do Tiffany and Co employees get? ›

The discount is 50% off, which is barely anything when the items are so overpriced to start. The management really does not care about you unless you have been there for years. They see you as disposable unless you are one of their favorites or unless you are higher up in the company. The work-life balance is so bad.

Merchandise will be available for refund or exchange (excluding any shipping charges) providing it is returned in the same saleable condition as when purchased, within 30 days of the date of purchase and if accompanied by the original sales receipt.

Yes, you will receive a Tiffany & Co. engagement ring certificate with your engagement ring if the diamond has a unique serial number, which is typical of solitaire engagement stones equal to or greater than . 18 carats. The Tiffany Diamond Certificate is backed by the Tiffany & Co.

Authenticate Jewelry? Tiffany & Co. will not authenticate your jewelry. If you are purchasing from a Tiffany Store, you can be 100% sure that it is real. If you are purchasing from another outlet, you can't, but there are ways to help you decide if what you are purchasing is real.

The most valuable type of jewelry is rare and old jewelry that hasn't been damaged in any way. If you're looking to invest in jewelry, gold, diamonds, silver, and other precious gemstones are the best options.

Product Type Insights. In terms of value, the market is segmented into five categories, namely necklaces, rings, earrings, bracelets, and others. Rings emerged as the largest segment in 2022, with a market share of 33.7%.

Generally, when you sell pre-owned fine jewelry, you can expect to get around 20 to 50% of the original purchase price. There are a few exceptions to this range. For example, very rare and highly desirable pieces may fetch a higher price.

In fact, the Tiffany brand is the quintessence of luxury, selling some of the highest quality pieces in the American jewelry industry. But why is Tiffany so expensive? What is this? The high price of Tiffany diamond rings and their other diamond jewelry is down to excellent craftsmanship and high-quality materials.

It is widely accepted that Tiffany & Co. grade at least as good as GIA. In fact is has been stipulated that if a diamond is on the border of a colour grade, ie an F-G colour, Tiffany & Co. will be slightly stricter than GIA.

White diamonds are given a color grade of D (colorless) to Z (light yellow). Tiffany only accepts engagement diamonds in the “colorless” and “near colorless” range on a diamond color scale. For engagement diamonds, Tiffany only accepts D, E, F, G, H and I color diamonds.

What pawn shop gives you the most money? ›

Pawn stores usually pay the most for jewelry like diamonds and gold, timepieces, coins, vintage sneakers, designer purses, and handbags. However, every pawn shop can buy high-ticket items, including vehicles, real estate, and jewelry.

You get more money when you sell your items than when you pawn the items. When you visit a pawnbroker, the brokers first evaluate the item's authenticity and value. If you decide to pawn, the broker chooses a percentage of the total value they can give as a loan.

Why You Should Get An Appraisal Every Couple of Years. Depending on how long it has been between the original purchase and when you resell the item, you may want to have your jewelry reappraised. It's typically a good idea to have your jewelry reappraised every 5-10 years to keep up with market value.

In the USA, Valentine's Day, Christmas Day, and Mother's Day are the most popular times to sell diamond jewelry. If you want to sell directly to someone else, you want to wait for this time. However, jewelry shops and diamond buyers are always looking to buy diamond jewelry whenever possible.

It is indeed completely appropriate to negotiate the price of any piece of jewelry. Jewelers know this and will expect it.

Getting rid of jewelry

As for pieces you no longer want, donate them. Many charities accept fine jewelry donations, including Goodwill, the Salvation Army and Support Our Troops. If you want to unload costume jewelry, look into organizations such as Dress for Success, Suited for Change and I Have Wings .

Tiffany jewelry retains its resale value more than any other branded jewelry because of: Ongoing, high demand for Tiffany jewelry. Timeless design and high quality associated with Tiffany engagement rings and other jewelry.

What does Tiffany 925 mean? ›

In 1851, Tiffany was the first American company to institute the . 925 sterling silver standard that is now used around the world. Tiffany only uses sterling silver, one of the most beautiful and lustrous of all metals. Sterling silver is a precious metal and may require cleaning from time to time.

Sterling silver tarnishes when exposed to salty air, chlorine, sulfur, humidity, perspiration, cosmetics, household bleach and other strong chemicals.

Tiffany & Co. pieces have a high resale value because they are timeless and always in demand. If you're interested in selling your Tiffany & Co. jewelry fill out our simple form and we'll send you an initial offer within 48 hours.

In addition, Cartier supplies many European royal families with their jewels, making the brand name more valuable. Besides the reputation, other reasons for big price differences lie in the types of materials used in the jewellery. Tiffany uses more sterling silver, whilst Cartier uses platinum, gold, and diamonds.

Depending on the Tiffany ring, you will typically receive 20%-40% of the retail price paid for the ring. You can rest assured, however, that with Tiffany branded items you will receive a bump in price.

Sterling silver is more easily tarnished than fine silver because of the other metals it contains. While 925 sterling silver is less “pure” than silver, it does not mean it's not good. Sterling silver is a high-quality material that's both durable and beautiful to wear.

All Tiffany & Co. jewelry pieces should be marked with the brand name, designer signature (if applicable), purity marks, country of manufacture and sometimes a serial number. “These are typical Tiffany engraving examples we look for when authenticating the brand's jewelry,” explains Rodrigo.

TIFFANY STERLING SILVER MARKS

Authentic Tiffany silver holloware and flatware is generally marked Tiffany & Co and generally includes date letters indicating the period it was made. Flatware also usually includes a pattern number. The first date letter "M" (Old English) used by Tiffanys represented Edward C.

Articles are accepted for credit or exchange in the U.S. if returned in a saleable condition within 30 days, accompanied by a sales receipt.

All engagement rings, may be returned for up to 30 days from the date of original purchase for refund, credit or exchange. The engagement ring must be in saleable condition, include all product documentation (e.g. Tiffany Diamond Certificate, or Colored Stone or Diamond reports) and be accompanied by a sales receipt.

What are the perks of working at Tiffany? ›

Tiffany & Company — A Tradition of Excellence

Tiffany is proud to offer a compensation package that includes competitive pay, health and wellness benefits, retirement plan, tuition reimbursem*nt, a loan forgiveness program and more.

Your choices are a jewelry store, a pawn shop or a “We Buy Gold” dealer. In most cases all three will offer you “scrap value,” that is, the value of the metal, diamonds and gems. Of the three, you'll usually get the most money from a jeweler. Please note that Fox Fine Jewelry buys jewelry in-person only.

What Type of Jewelry Has the Highest Resale Value? In general, branded fine jewelry pieces have the highest resale value. Many consignment services and buying companies look for diamonds and other fine jewelry from luxury brands such as Van Cleef & Arpels, Cartier, and Tiffany & Co.

Where can I sell jewelry online? You can sell jewelry online from your own store built with a platform like Shopify, on third-party marketplaces like Amazon and eBay, on niche websites like Mercari and Poshmark, and on social media, and via wholesale.

Tiffany & Co. does not issue refunds without a sales receipt. Articles are accepted for credit or exchange in the U.S. if returned in saleable condition within 30 days, accompanied by a sales receipt.

All Tiffany & Co. jewelry pieces should be marked with the brand name, designer signature (if applicable), purity marks, country of manufacture and sometimes a serial number. “These are typical Tiffany engraving examples we look for when authenticating the brand's jewelry,” explains Rodrigo.

All Tiffany engagement rings carry two serial numbers. One indicates the ring's mounting details, the other refers to the diamond itself. Aside from inspecting older Lucida cuts, Tiffany inscribes these numbers on the star facet of the diamond, not its girdle.

Tiffany timepieces are warranted by Tiffany and Company, a New York corporation (“Tiffany”), for a warranty period of twenty-four (24) months from the date of purchase under the terms and conditions of the limited warranty.

You also do not get commission for making sales, which is pretty unheard of for a company, especially one of this caliber. So it is very unmotivating to try to upsell people. They only care about money, not the employees who make it for them.

The estimated middle value of the base pay for Seasonal Associate at this company in the United States is $16.96 per hour.

How much do Tiffany ambassadors make? ›

As of May 24, 2023, the average annual pay for a Tiffany Brand Ambassador in the United States is $41,670 a year. Just in case you need a simple salary calculator, that works out to be approximately $20.03 an hour. This is the equivalent of $801/week or $3,472/month.