2019 Jewelry Reviews or Review or Scam or Legit Worthy
In this post, I share my ain experience selling a diamond engagement ring on Worthy, also as an caption of how Worthy works, how much they pay, and what you can expect in working with them.
Takeaways from our Worthy review
Worthy is admittedly a trustworthy, legit site and business with a Ameliorate Business Agency A+ review rating that you lot can utilise to sell jewelry valued at $1,000 or more, safely and for a loftier toll.
What continues to impress the states about Worthy:
- Loftier consumer ratings
- Costless, trackable shipping
- Insurance up to $100,000 via Lloyds of london
- Transparent buying process
- Free GIA lab report
Some drawbacks of Worthy include that they practise non take all jewelry, and the procedure tin seem complicated to some sellers. Continue reading to learn if Worthy is correct for you.
If your jewelry has a resale value of at least $1,000 (such as a diamond that's a half-carat or larger), Worthy could be a adept fit for you. Get started with a complimentary estimate in seconds from Worthy.com at present >>
Take jewelry with smaller diamonds of less than .v carats? What nearly gold (now hitting record prices) jewelry or coins, gemstones, or silver jewelry flatware, coins or other items? Also BBB A+. Sell to CashforGoldUSA.com instead and get paid within 24 hours >>
More on Worthy:
- What is Worthy.com?
- Is Worthy.com legit?
- How Worthy works
- Worthy'southward pros and cons
- Worthy reviews (and my personal experience)
- Bottom line: Is Worthy a good way to sell jewelry?
What is Worthy.com?
Worthy is an online jewelry sale site where anyone can submit a diamond appointment ring like those from Tiffany, hymeneals jewelry, gold, diamond, platinum and gemstone earrings, necklaces, bracelets as well equally watches including Cartier and Rolex.
Unlike jewelry and gold buyers, Worthy provides sellers with a free GIA certified appraisal. Worthy's online auction allows jewelry buyers effectually the world to bid on your jewelry, driving up the cost and helping you get the highest market price.
Wealthy people have enjoyed the benefits of selling their jewelry and other luxury items similar art and fine furniture through New York sale houses like Sotheby's, Bonhams and Christie's for decades. However, most people have not had admission to the benefits of selling their jewelry through an auction. Now, Worthy allows you those benefits.
Is Worthy trustworthy? Is Worthy legit?
Worthy is absolutely a trustworthy, legit site and business. Founded in 2014, the startup has raised more than $73 million in investment.In addition to its Better Business Bureau A+ review rating, and hundreds of client testimonials, Worthy has been featured in reputable publications including the New York Times (twice), Crain's New York Business, Washington Mail, Entrepreneur, Reader's Digest, Woman'south 24-hour interval, and others.
How Worthy.com works
Audio confusing? Information technology'due south non. Selling your band, bracelet, loose diamond, lookout man, gold jewelry, necklace, engagement ring, manor and inherited jewelry, or other items is so easy:
- Become to Worthy.com.
- Enter your contact info, and a few details near your jewelry.
- Receive a trackable FedEx mailer within a twenty-four hour period, typically.
- Send your particular via a trackable FedEx mailer, insured for upwardly to $100,000.
- Receive a GIA-certified grading report and for your appointment band or other jewelry.
- Set the price for your particular.
- In one case the auction closes, you receive payment via Paypal within 24 hours — or by cheque.
What percentage does Worthy take?
Worthy.com gets paid via a commission on the auction cost of your valuable. Here is their commission fee schedule:
| Auction price of your detail | Committee fee |
| Up to $5,000 | 18% |
| $five,001 – $15,000 | 14% |
| $xv,001 – $xxx,000 | 12% |
| $30,001+ | 10% |
| Jewelry Box (3 or more valuables) | 18% |
How long does it accept to sell a ring on Worthy.com?
The whole process of selling your jewelry with Worthy.com takes 10 to fourteen days from creating an account to getting paid.
How do you become paid from Worthy?
Once your piece is sold yous tin can become your money via a depository financial institution transfer, PayPal or check — your selection.
You will receive payment based on which method you cull:
- PayPal: 1-2 business organization days
- Banking concern transfer (ACH): ii-3 business organisation days
- Paper check via USPS post: 4-5 business days
Worthy's entire process from getting an online estimate to getting paid is about 2 weeks.
Worthy recent sales:
These rings and jewelry were recent Worthy.com auctions:
Diamond engagement band with 0.68 ct. Round Cutting Solitaire Cartier Ring, G, VS1 — sold for $1,599 (Worthy takes a 18% commission):
1.32 ct. center stone date ring Oval Cut Halo Ring, J, I1 — sold on Worthy.com for $2,152:
ane.63 ct. Cushion Modified Cut Bridal Set Ring, G-H, VS1 — sold on Worthy.com for $6,500:
White gold Round Cutting Tennis Bracelet, G-H, SI1-SI2 — sold on Worthy for $1,248:
Tiffany diamond earrings sold at Worthy.com for $1,466:
A Rolex sentinel sold at Worthy'southward online auction for $6,500:
Worthy.com pros:
- Solid reputation. In addition to its Improve Business Bureau A+ rating, and hundreds of customer testimonials, Worthy has been featured in many magazines and newspapers, and has strong proper noun recoginition. Worthy.com partners with GIA, the most reputable gemstone and jewelry grading laboratory in the world, as well as top insurer Lloyds of London.
- Free GIA lab report. This is a great value, and adds a huge sum of transparency and expectation management to the process.
- Transparent process — you can come across every single stride forth the style.
- Great client service. The chat was really like shooting fish in a barrel to use (no expect), and I could call and talk to a man at any fourth dimension.
- Convenient. They covered all the costs: Fedex, insurance, and the GIA diamond certificate.
- Very familiar with top brands like Tiffany, Cartier, Harry Winston, Bulgari, H. Stern.
- Control. I could back out at whatsoever time, no problem, which made me experience really in control.
- Skillful price. Since it is an auction, I felt similar I was getting the all-time price — tin can't argue with the market, after all! By comparison, when I sold my own engagement ring, I went to one jeweler in my urban center, and had to trust they were giving me a market price. One jeweler does not equal the market.
Worthy.com cons:
- It is online, which can be challenging for some people. Specially if y'all have a very valuable or sentimental particular, it might feel a lot more comfortable to meet in person. If you happen to live in or visit New York City, Worthy will welcome you into their offices to run into them for an initial appraisement with their Principal Gemologist Roy Albers, who is the old head of gemstone acquisitions for Tiffany & Co., which a lot of people do, and they welcome it. Otherwise, I found Worthy very accessible.
- There was a lot of communication. Betwixt the texts, emails and a telephone call, Worthy was up in my grill. Ultimately, this is a not bad thing, simply if you are a busy single mom, y'all might be like: just sell the damn ring and send me my coin already!
- Compared with other online jewelry and diamond buyers, the process was complicated.
- Compared with other jewelry buyers that consummate the entire process within a few days, Worthy's procedure takes nearly ii weeks.
- Worthy only buys jewelry that will sell for at least $1,000, which is typically a diamond centre stone of .5 carats or larger. For smaller stones, learn nigh are other reputable online jewelry buyers including CashforGoldUSA — which we recommend for smaller stones, and gold and silver jewelry, flatware and coins.
Worthy client reviews
BBB reviews
Worthy.com is accredited with the Better Business Bureau where information technology enjoys a iv.59/5-star average, based on 296 reviews:
Trustpilot reviews
Worthy.com has a 4.five/5-star boilerplate based on i,732 revews on Trustpilot:
Customers' reviews:
Twanna Cartwright-Sanders:
"Over all I had a good experience. I received what I asked for on my sales cost, more than than suggested past Worthy. I really have no complaints. Advice was good."
Gabriella M:
"The procedure itself was very smoothen. Once y'all decide to relinquish your jewel, the mailing, appraisal, putting upwards for auction, etc is done very well and they proceed you informed each stride of the way… they reccommend a bidding price, they send you a AGI appraisal, all co-ordinate as offered.
In my humble inexperienced opinion, their appraisals do come in on the low side, hence their very loftier success charge per unit. Only: you can ready your own prices keeping in mind that Worthy does keep eighteen-xx% off the superlative from the sale price for all its work. In one case the sale is completed, the eolith to your bank business relationship is as well smoothen: it took 2 days in my case and I cannot complain, hence the 5-star rating. Bang-up service, their client care is efficient and gets dorsum to you lot and the sale procedure went smoothly. Thanks!"
April Wells:
"I sold my ladies Rolex Datejust sentry! Loved having someone practice "all the work for me." In less than a week I had my money and was using information technology to purchase a new pilates workout motorcar!"
Sissy Williams:
"I highly recommend Worthy.com to sell your jewelry. I had a wonderful and professional experience from beginning to end. Neil and Ashley were very helpful. I had a two.5 carat diamond nuptials set up to sell. I got a new wedding band in December, 2014 so I knew that I wanted to sell my other ane somewhen. I looked into how to sell a wedding band to an appraiser, and a jewelry store, only their offers were offensive. I institute Worthy.com and was a scrap skeptical, but their A+ rating with the BBB and the fact that they insured my ring for shipping, calmed my fears. My piece had 179 interested buyers and sold for the highest bid which was way more than than I expected to get. Also I like their low fees. My mom was so impressed, that she is at present preparing to sell ii of her rings through Worthy.com."
Josette Selover:
"My date band was an estate piece and didn't desire to just have the diamond and set it considering it was as well pretty in my stance. I used Worthy after doing some homework and even contacting my homeowner's insurance if something would happen. The process was FANTASTIC and I got the money I wanted and I hope my ring goes to a beautiful girl full of love. I plan on selling other pieces now….you can't go incorrect with Worthy!!!!"
Kellie Woodland:
"I worked with Shelly Robinson and she assisted me from A-Z every footstep of the way! I was given honesty and compassion when it was difficult to let get of my beautiful wedding band. I was even given time to think about information technology. When I did sell information technology was a higher bid than when the bid airtight so I was grateful for the coin departure and for Shelly to help me claim the highest bid."
Sarah Morgese:
"Highly recommended!! I was admittedly skeptical about having to mail my ring off. This company and its representatives worked with me thru every stride. Always kind, courteous, and understanding. They took the fourth dimension to listen to all my concerns and assured me on every one. They went above and beyond for me. I appreciated every associate from commencement to end. Not to mention, I got the best deal for my ring. Due to their fantabulous commitment to help in every way, I wouldn't think twice about using any other visitor. Personally, this company is #1 and I wouldn't hesitate to work with them over again."
Review of Emma's personal feel with Worthy
Some years ago, I decided to cleanse my jewelry box and sell my gold and diamond Gurhan diamond engagement ring and wedding ceremony ring. I used the proceeds to send my ex and kids to Greece to visit family unit, and took a vacation with my boyfriend at the time! Here is my feel selling an engagement ring on Worthy.com.
Start, I went to this page on Worthy.com.
I selected the selection for "I have a diamond band," and so clicked the Get Started push.
I chose my band's setting and center diamond shape, then was asked to specify its weight.
This is the point where y'all'll either have to login or create an account.
Worthy then asked me how soon I was likely to sell (I chose the option for 30 days since I wanted to sell immediately).
I was asked to upload at least ane moving picture of my ring plus any documentation (y'all can skip this step, but I don't recommend if you desire to become a more authentic estimate on your diamond jewelry).
Finally, you lot tin can review your submission before requesting a Fedex pickup or driblet off.
On this same page, you tin ringlet downwardly to read almost next steps in the intake process, which are:
- Shipping
- Hallmark
- Cleaning
- Beauty shots
- Grading at 3rd party lab
- Gathering buyers
- Set your reserve & start sale
- Lookout behest online
- Get paid
You can as well meet what similar rings have sold for. This 0.71 carat round-cut bridal band set recently sold for $i,027.
This amount seemed totally off-white to me based on the express information I had about this diamond engagement ring, and then I decided to move frontward with the next steps.
Nigh GIA: I happen to know a chip about the Gemological Establish of America, considering when I get-go moved to NYC about 15 years ago, I worked for a jewelry merchandise magazine, and I learned a lot about the fine jewelry business.
GIA is a very, very trusted institute that grades fine jewelry, and has been around for 86 years.
The laboratory employs certified gemologists whose whole mission is to protect buyers from scams in the jewelry industry, because — let's confront information technology — the manufacture does have a non-neat reputation, and under-pricing is common.
I really beloved that considering Worthy buys diamonds, they piece of work with GIA to verify exactly what my ring is worth.
Learn more than near where to sell diamonds and how much diamonds are worth
I too loved that Worthy was paying for FedEx, which I know will provide me with a tracking number so I tin stalk my ring all through this process — besides equally insurance in the event that something happens to the ring.
Jewels are then small and valuable — I worry anything could happen in transit!
One time I clicked to schedule a free pickup, I was prompted to enter my accost and to select a pickup time that gave me options for literally the aforementioned 24-hour interval.
The post-obit twenty-four hour period actually worked amend for me, so that's what I selected.
Within a few minutes of setting everything up, I received an email with the Fedex mailing instruction and forms, as well every bit a text:
It was kind of blowing my mind how quick and efficient this whole process. From a business concern and user-experience point of view, I was very, very impressed.
From landing at Worthy.com to confirming pickup took literally, less than 5 minutes.
The next day, a cute Fedex delivery guy came with an envelope, helped me pack my band and documents, and took it abroad to financial and emotional cleansing!
The really absurd matter that I didn't expect is that I was constantly updated by Worthy along the whole process. I get why: If yous are sending in a piece of jewelry that is worth a lot of money, and / or actually sentimentally valuable to y'all, you're likely at least a niggling nervous that that cute Fedex guy might not be entirely trustworthy, or that an X-ray of the package might tip off some not-and so-honest person forth the way.
Worthy.com sent me texts and emails to continue me posted — including when the diamond engagement ring arrived at Worthy HQ the very next day:
A few days after sending the ring, I go a text and an e-mail proverb the ring has been graded and is ready for auction:
When I open the report and meet the recommendation of the minimum toll I could to become for my diamond ring, I was pretty surprised.
It was lower than I thought.
But it turns out it was a lot smaller than I thought (and, bluntly, crappier quality). Subsequently all, I am not a gemologist — what do I know nearly diamond grading?
The reason I am confident that Worthy'southward evaluation of the ring is accurate (and mine is wrong) is that information technology was done by GIA, and they gave me the whole report (for free) detailing exactly the dimensions and quality.
What I idea was a .86 carat diamond, turned out to be a much smaller eye stone, with some even smaller side stones, and the Unabridged diamond weight was .86. Big difference. I was wrong.
Normally for a ring like this, a GIA report costs $100 -$200. Even if you decide to halt the sale procedure and take Worthy return the band to yous, y'all still keep to go on the report, which you lot can utilise for insurance purposes, or in the issue you decide to sell your diamond band in the future.
You can encounter the whole GIA report here.
Based on these qualities, dimensions, and weights, I was able to cross-bank check the diamond'due south value on other sites around the web.
I felt similar the price range they suggested was fair and accurate.
Worthy.com gives you three options for selling your jewelry:
- Sell immediately at the toll they recommend, for a guaranteed sum. In this case, Worthy honors this minimum cost, sends the ring to marketplace, and in the event it sells for more, you receive the highest price.
- You set a minimum price higher than the Worthy recommended minimum, and so send it to market, to encounter what the market will bring — which could be lower or higher than what they quoted. You decide at the time of sale whether to accept the highest offer.
- Set a buy-information technology-now cost. If a buyer bids in this amount, the particular will sell immediately and the auction will end.
I opted to endeavour my luck and ready a minimum price higher than they suggested.
What did I have to lose?
Over the adjacent ii days I got a couple of texts and emails letting me know how the auction was going.
I could also log onto my Worthy.com account at any time and encounter how many people were bidding, and for how much, and where in the world or country they were located.
Information technology was like watching Sale Kings, except on a computer and non every bit heady:
How much coin I made selling my ring on Worthy.com:
Finally, the verdict was in, and it came by text on my iPhone:
Await: this is not a ton of money. But information technology was a small band, and I really had no idea what it was worth. The Worthy process had been and then smoothen and transparent — not to mention fast! — and I was really just glad to get this ring on to another appreciative person who could enjoy it. Plus, the holidays were coming up and that greenbacks would come up in hand.
SOLD!
I hit 'Corroborate & Get Paid,' and within a minute this landed in my email:
Then, the next solar day, this popped into my email (recollect, Worthy takes 22% committee):
Overall, I was actually impressed with Worthy's jewelry buying procedure, as well as the transparency of the sale, which helped me understand how much my ring is worth.
Worthy.com vs. WPDiamonds.com
WPDiamonds is a very established diamond and jewelry buyer with offices in New York, Hong Kong, and London, and they have a very easy, straight-forrad buying online jewelry buying process. While you may capeesh the gratuitous GIA lab written report and auction platform. WPDiamonds will brand you a fair offer, gratis shipping and prompt payment. A+ BBB rating.
Read our WPDiamonds review.
Worthy.com vs. CashforGoldUSA.com
CashforGoldUSA is another A+ Amend Business Bureau rated jewelry buyer (via its parent site, C.J. Environmental), and will buy a wider range of gold, jewelry, silver, platinum, loose stones and chip metal of any value, while Worthy is only focused on loose stones and jewelry that will sell for at least $ane,000.
Read our CashforGoldUSA review.
Worthy.com vs. Diamonds U.s.a.
Diamonds Us is the sisiter site to CashforGoldUSA, only specializes in diamond jewelry and loose diamonds. All C.J. Environmental brands offer a unproblematic process including an online estimate, costless door-to-door FedEx shipping, and payment within 24 hours of accepted offering — plus a 10% bonus if you transport in your detail inside 7 days of receiving the mailer.
| Diamonds United states of america | Worthy | |
| BBB rating | A+ | A+ |
| Insurance | Up to $100,000 | $50,000 (more with pre-blessing) |
| Free FedEx delivery? | Aye | Yep |
| Free IGI/GIA lab report | No | Yes |
| Specializes in diamonds? | Yep | Yes |
| Sales process | One offer | Auction |
| Twelvemonth founded | 2005 | 2014 |
| Gauge -> payment | ~3 days | ~2 weeks |
Lesser line: Is Worthy a good way to sell jewelry?
I've had a long-standing human relationship with the diamond buyer Worthy.com, which has an online marketplace for selling your diamond appointment ring, heirloom and manor jewelry, watches and other jewels.
There are lots of reasons that I chose to piece of work with them, including their A+ Better Concern Bureau rating, that a coincidental search online revealed mostly positive posts, and, considering increasingly, from women I know, I hear adept things well-nigh Worthy'south customer service and getting the best toll for their diamonds and other jewelry they no longer need.
Before you sell, here'due south what you should consider:
First, learn more about how to sell diamonds for the highest price earlier you decide.
Second, consider the value of the jewelry, gemstones, and diamonds you're selling by getting a jewelry appraisement or diamond appraisal.
Third, review all three means to sell an engagement ring, diamonds, gilt, jewelry or watches:
- Sell straight. Sell fleck silver or gilt to a gold buyer or jewelry buyer that directly to a local jewelry store or a pawn shop virtually you.
- Assignment. Sites like RealReal and 1stdibs assistance sellers connect with buyers online.
- Sell past sale. For centuries, the wealthy have sold their inherited art, furniture and jewelry at sale houses like Sotheby'southward, Christie'southward, Bonhams and Phillip auction houses in New York and London. However, those places but work with very expensive pieces that nearly Americans practise not own. Nevertheless, Worthy is an online jewelry sale marketplace that takes professional photographs of your jewelry, then puts it to auction where hundreds of verified diamond and jewelry buyers around the world bid on your detail — driving up the price.
Finally, if your jewelry is worth more than $1,000, start with Worthy.com.
Is Worthy.com legit?
Worthy is a safe, trustworthy site that will help you lot sell your jewelry for a fair cost, has an A+ BBB rating and splendid customer service.
What percentage does Worthy have?
Worthy.com gets paid via a committee on the sale toll of your valuable ranging from x-18%.
Worthy.com
Pros
- Highly dynamic website and personalized selling process through a unique sale platform
- Each auction gets a GIA lab study
- Seller has lots of control throughout the process
- Better Business Bureau A+ review rating
- Slap-up client service
Cons
- Information technology is online, which can exist challenging if you take a very valuable or sentimental item
- No guarantee the sale process nets a higher sale cost
- Not all jewelry meets $1,000 minimum price
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Source: https://www.wealthysinglemommy.com/worthy-review/
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