Sell Tiffany Jewellery

1. PREPARE FOR SALE

Collect all documentation for your Tiffany Jewellery, including any receipts and original box for valuation. Please take pictures of your Tiffany piece, box, original paperwork and any diamond certificates for gemstones if you still have them.

 2. CONTACT US

Please contact us with the images and a full description of the piece/s of Tiffany jewellery for sale. Our Tiffany experts will review your enquiry and make you an indicative offer in as little as one hour.

3. PACKAGE AND POST

We then send you a pre-paid and insured courier pack. Insert your carefully packed jewellery and send it back to us. Retain your Special Delivery tracking number. Or, you may wish to visit one of our London stores in person.

4. ACCEPT OFFER

Once we receive your jewellery, we check the condition and confirm authenticity. If you wish to accept our final offer, let us know and we will send you the documentation for you to sign and send back.

5. RECEIVE PAYMENT

Payment will be made by immediate bank transfer into your account.

SALES CHANNEL

If you are thinking about selling your Tiffany engagement ring, there are several different routes to market with each route offering the buyer something slightly different. Selling with an auction house means that you have to work around their timeline before your Lot number will be heard at auction. Auction houses will take care of the sales process, ensuring that your buyer is of good faith but it will be the auction house that sets the reserve price on your piece/s. This is in contrast with using a marketplace, such as eBay. Selling on the internet brings with it access to a large audience with the opportunity to make a quick sale, however it can be hard to sell high value pieces in this way as buyers can be nervous that they are purchasing a genuine piece.

Selling Tiffany through a private sale removes many of the unknowns, enabling seller and buyer to establish a relationship. However, private sales can require a lot of action on the behalf of the seller to identify possible buyers, which means that the process can take a long time and buyers can fall through at the last minute. Working with a jeweller, like Suttons and Robertsons, can result in a very quick sale with a valuation option. The impetus falls upon the jeweller to line up future buyers but we buy the piece from you as soon as the valuation is accepted and so the funds could be in your account in as little as 24 hours from the point of valuation.

SELLER FEES

Selling through an auction house will attract fees which can be as high as 20% of the price fetched. This could result in a sizeable chunk of your funds going to the auction house. While online marketplaces, like eBay, don’t take seller fees that are set as high, they do charge you for facilitating the sale through their system. However, when selling through a marketplace, the seller takes care of the majority of the presentation of the pieces and communication.

BUYERS’ REPUTATION AND EXPERTISE

When selling to an auction house, you will be working with a reputable brand who are well-versed in helping owners to sell jewellery, but they won’t be able to guarantee that your piece will be sold. When selling through a marketplace, you may or may not be dealing with a reputable buyer. Without an independent valuation to set your price, you might find yourself at the mercy of buyers that offer too low a price for the piece you are selling. While you can always turn down these offers, it relies on the seller to deal with these interactions. Sharp-eyed buyers may offer you a lower price in order to secure a quick purchase. When selling directly to a jeweller, you can count on an expert valuation and the backing of a reputable brand behind all valuations.

DISCREET SERVICE

Part of the seller’s fees at an auction house help to buy discretion on the part of the auction house. Not only does the seller not have to reveal themselves, but buyers can equally remain anonymous. With both private sales and online marketplaces, buyers and sellers have a direct connection which can leave both parties vulnerable to negotiation. When selling to a reputable jewellery, the sale of your pieces is quick and discrete and you will never have to interact with the eventual buyer.

MARKET VALUE

Establishing the correct market value for your piece is an important element of any jewellery sale. Auction houses have recent auction prices at their fingertips – as do jewellers who will also check all auction prices as part of the valuation. However, jewellers can also count on their own retail experience and have a superb knowledge of what pieces will be bought for in a retail setting. When selling privately or through a marketplace, your piece may only be worth what someone is willing to pay for it. You won’t have to settle for a price that you don’t want to but it may mean that your piece is not sold at your first attempt.