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, but they typically pay wholesale prices rather than the original retail value. How Jewelers Buy Jewelry

Jewelers are professional buyers who must leave room for profit and labor costs. You should expect the following:

: The jeweler displays your piece in their store and sells it to their customers for a fee. This often results in a higher payout for you, but it takes much longer because you must wait for a buyer.

: Many shops offer a higher value (sometimes up to a 30% bonus) if you use the money toward a new purchase in their store.