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If you have a designer or diamond jewelry, or a branded watch you no longer need and want to sell for extra money, Worthy is worth it. The platform enables you to sell your precious jewelry at an auction and get the most money for your items. For example, 18K gold stud earrings were recently sold for $1,125 through the platform.
Pros
- Sell fine jewelry on auction
- Seamless selling process
- Quick payments
- Set your own prices
Cons
- No guarantee of successful auctions
- Auction offers may be lower than set price
Jump to: Full Review
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How Does Worthy Work?
Worthy was founded in 2014 by investment banker Ben De-Kalo in New York City, U.S. It’s a jewelry selling partner that is dedicated to providing sellers with the ultimate selling experience.
The platform brings together buyers and sellers with its luxury online auction marketplace.Â
With Worthy, you can sell your diamond and designer jewelry, and branded watches. Worthy allows you to set the reserve price for your items and will create the auction listing for you.Â
Once your item sells, Worthy will send you your payment.
How Much Can You Earn With Worthy?
How much you earn on Worthy depends on how many items you are, what price you set them for, and how much you make on the auction. With Worthy, you get to determine the price for your items.
The table below shows some of the recently sold jewelry through the Worthy platform:
| Sold for | Jewelry | Style | Metal Type | Metal Weight |
|---|---|---|---|---|
| $1,411 | 2x ring set | Bridal Set | 18K Gold | 7.8 g. |
| $5,556 | Collar necklace | Collar | 14K Gold | 20.85 g. |
| $1,125 | Earrings | Stud | 18K Gold | 1.11 g. |
Worthy Reviews: Is Worthy Legit?
Worthy has a 4.8-star rating on Trustpilot, a 4.7-star rating on SiteJabber, and a 4.5-star rating on BBB.
Customers have praised Worthy for giving prompt responses to questions, providing fair prices, and providing customers with a seamless selling process.
Customers have complained about receiving low prices on their auctioned items, not getting their jewelry returned in a timely manner, and providing customers with unsuccessful auctions.
Who Is Worthy Best for?
Worthy is best for people who have designer and diamond jewelry or branded watches they are looking to sell for extra money. If you have jewelry pieces in good condition and no longer use them, you can auction them on Worthy.
What Can You Sell With Worthy?
With Worthy, you can sell your used designer or diamond jewelry, as well as branded watches online. You can easily earn money online by selling your jewelry with Worthy.
Worthy Benefits: What Does Worthy Offer?
Earn Money Online
With Worthy, you can easily earn money online by selling your jewelry or watch for auction. After shipping your item in, the rest of the process is entirely online, making selling your items seamless and straightforward.
Set Your Prices
You get to set the prices for your items on Worthy. You are entirely in charge of how much you list your items up for auction online.
Simple Auction Process
Worthy takes care of preparing, cleaning, and photographing your items for auction and creating the auction listing. All you have to do is ship your item in, free of charge, and set the item’s price.
Worthy Fees: How Much Does It Cost to Use Worthy?
| Winning Bid | Fee |
|---|---|
| Up to $5,000 | 18% |
| $5,001-$15,000 | 14% |
| $15,001-$30,000 | 12% |
| $30,001+ | 10% |
Worthy Requirements
To get started with Worthy, you will need to select the jewelry type and choose the selections that describe your jewelry. Once you do, you will fill out your basic information and create an account. Then, you can start using Worthy and ship your item out.
Worthy Payout Terms and Options
Worthy offers various ways to receive your payment:
The payment will be processed 1-5 days following your successful auction. If the payment is over $5,000, PayPal is not available.
What Are the Worthy Pros & Cons?
Worthy Pros
- Sell fine jewelry at auction
- Seamless selling process
- Quick payments
- Set your own prices  Â
Worthy Cons
- No guarantee of successful auctions
- Auction offers may be lower than the set price
How Good Is the Worthy Support?
Worthy has a large and categorized FAQ page that has various different answers to the most commonly asked questions. You can also contact Worthy by filling out the contact form on their homepage or calling them at 1-888-222-0208.
Worthy Review Verdict: Is Worthy Worth It?
If you have a designer or diamond jewelry, or a branded watch you no longer need and want to sell for extra money, Worthy is worth it. Worthy is a great way to easily make extra money with fine jewelry you want to sell.
The platform enables you to sell your precious jewelry at an auction and get the most money for your items. For example, 18K gold stud earrings were recently sold for $1,125 through the platform.Â
Note that Worthy charges you a service fee of 10%-18% for using the platform and all its benefits.
How to Sign Up With Worthy?
To sign up with Worthy, simply select the selections that best describe your jewelry on the signup page. Then, enter your basic details including your name, email, and address to sign up for an account. Once you sign up for an account, you can send your jewelry to Worthy and wait for it to be auctioned.
Sites Like Worthy
| Comparison | Worthy | Cash for Gold USA | Decluttr | Swappa | eBay |
|---|---|---|---|---|---|
| Pricing | 10%-18% | No fees | No fees | No fees | 10% of sale |
| Shipping | Free | Free | Free | Free | Pay shipping |
| Best for | Designer jewelry | Gold jewelry | Used electronics | Gently used tech | Used items |
Worthy vs. Cash for Gold USA
Cash for Gold USA Summary
- Free shipping and $5000 insurance
- Quick 24 hour processing time for quotes
- Earn up to 3 times than elsewhere
- Sell all sorts of gold, even scrap gold
Like Worthy, Cash for Gold USA is a great platform to sell your precious jewelry. However, compared to Worthy, Cash for Gold USA is best for selling gold items. Plus, since it buys items from you directly, it doesn’t charge any commission and provides a free shipping label for you to send your gold items.
It’s noteworthy that in addition to gold jewelry, Cash for Gold USA also accepts other gold products like coins and scrap or broken gold.
Worthy vs. Decluttr
Decluttr Summary
- Next-day payment upon delivery of goods
- Get the best prices for your used tech
- 2 different payment options available
- Get extra cash if you are a student
Worthy and Decluttr both allow you to sell your used items to make extra money online. With Worthy, you can sell fine jewelry and branded watches, while with Decluttr, you can sell your old phone or tech devices. Decluttr and Worthy both offer free shipping for the items being sold.
Worthy vs. Swappa
Swappa Summary
- No fees to list and sell your products
- Optional featured listing for just $5
- 2 days to ship the item after getting paid
- Instant payments via PayPal
Both Worthy and Swappa allow you to sell your jewelry or used electronics and receive payment for them online. Swappa is an online marketplace where you can sell your device and set the price yourself, while with Worthy, the company will auction the item for you once you set your price.
Worthy vs. eBay
eBay Summary
- High user traffic – over 187 million users
- No listing fees for small scale sellers
- Promote your listing from as little as 1%
- Quick processing time for payouts
Worthy and eBay are both platforms where you can sell your used items online. eBay is an online marketplace where you create your own listing, set your price, and sell your items to potential buyers. Worthy places your item up for auction once you set your price. Sites like eBay allow you to sell various items, while with Worthy, you can sell your designer jewelry or watches.
Other Sites Like Worthy
Worthy FAQ
What Is Worthy?
Worthy’s mission is to bring the fairest market value for your valuable items while providing stellar customer service.Â
There are over 1,000 professional buyers looking to purchase luxury jewelry, including diamond and designer jewelry, and branded watches.
What types of jewelry do you accept?
Worthy accepts diamond jewelry, designer jewelry, and branded watches.
Can I back out at any time?
Prior to the auction, there is no obligation of any kind. You will work with an auction manager to set a reserve price during the preparation process. If the highest bid meets or exceeds your reserve price, you are committed to selling the piece. If the highest bid does not meet or exceed the reserve price you chose, you can opt to have the piece shipped back to you free of charge.
How long does it take to sell with Worthy?
The process typically takes 10-14 business days from the time your jewelry arrives at Worthy headquarters to getting paid.
What if my piece isn’t in perfect condition?
You can sell imperfect jewelry as they are appraised based on their weight and quality. They can still be sold if they are broken or incomplete. Watches must be in proper working condition in order to sell.
Can I visit Worthy’s offices?
Yes, you can certainly make an appointment at their New York City office by calling them at 1 (888) 222-0208.
