Wed, Jul 24, 2024 01:47:07 AM Hawaii

My Experience with Jewelry Auctions

Things To Know About Jewelry Auctions


What is an auction and where did it originate? It is a method of selling a commodity, which does not have a determined value or uncommon in market. Some of the fascinating facts about these said events can be found in ancient Greek civilization dating back to 500 B.C. Enough with the history, let’s talk about jewelry auctions.


Jewelry auctions are something one must experience in his or her lifetime at least once. If you love being thrilled and the rush of energy throughout your body, you will feel incredible excitement of winning in an auction. Jewelry auctions are a great way to find jewelry that you are looking for. If you are searching for something valuable and at the same time something that is super affordable, you could find it on jewelry auctions. There are several reasons why people sell their jewelry in auction. Some jewelry came from pawnshops which have been abandoned by its owner thus the pawnshop will try to sell it. Some people simply sell jewelry because they need the cash and liquidating it through auctions is their way of gaining instant cash.


These jewelry pieces are valuable, made from different metals, great craftsmanship, accentuated with precious gems, a valuable piece of beauty. Jewelry auctions are one of the most affordable ways to acquire jewelry. Auctions are time based which means you should be attentive when the auctions start, be aware of the bid of others and be aware of your funds before you let yourself be carried away and bid more than your pockets. The highest bidder will win the auction and will own the said item. The payment methods vary it can be checks, bank to bank, credit card, cash, etc.


Jewelry at auctions is cheaper and more affordable than its actual and current market value. Jewelry auctions are an awesome place to find unique and very rare stunning pieces of jewelry. Some items are not easily available in common market. This jewelry can be and will be new and different from the current trend. But keep in mind to always check for the authenticity of the jewelry. You should be sure about the purchase, and extract all information you can get from the seller, including damages if any. If you find damage and it’s not specified, you should check if its disputable. Most of auctions don't have a return policy so always check it thoroughly before making the purchase.


Auctions are a great source and method of finding high quality fabulous and expensive stuff for merely a few bucks. That is if you are nimble and quick enough. Looking and finding an engagement ring, bracelets, necklace, men's jewelry, tiara, accessories, art or a gift or just want to get a great deal. So don't test the water, and decide to jump in and find out for yourself if you are the type of person who fits this fast crazy pace of buying jewelry through auction. Remember always research first and inquire about the auction before you bid and good luck.


Bidding Increments

Please note that the first bid ( aka opening or starting bid) on an item does NOT require a raise and therefore has a bid increment of $0.

This site is setup for whole dollar bidding only (no cents allowed,e.g $15).

Current Price Bid Increment
$1 - $49 $5
$50 - $99 $10
$100 - $249 $20
$250 - $399 $25
$400 - $749 $50
$750 - $1999 $100
$2,000 - $4,999 $200
$5,000 - $9,999 $250
$10000+ $400