Is Estate Jewelry Cheaper Than New Jewelry? - Ageless Heirlooms (2024)

Tons of people buy old jewelry because they like the style. Other people buy gently used fine jewelry hoping to save money. But is estate jewelry cheaper than new jewelry? The answer isn’t a simple yes or no.

Overview

In most cases, second-hand jewelry is a lot cheaper than new jewelry, especially if you know how to find a bargain. However, antique and vintage jewelry might be more expensive, depending on a few factors like rarity and demand.

Estate jewelry is any second-hand jewelry. Vintage jewelry should be at least 20-30 years old. Antique jewelry should be at least 75-100 years old.

Remember, there are risks involved when you buy fine jewelry from an estate sale or off Facebook Marketplace. What if the diamond is fake? What if the item is gold-filled instead of solid gold? Depending on your comfort level and taste, it might make more sense to buy new fine jewelry and spend the extra money for the peace of mind.

Tips

The following advice will help you go into the fine jewelry buying process with a bit more confidence, especially when you’re shopping for engagement rings.

Buy modern engagement rings from reputable jewelry stores.

Is Estate Jewelry Cheaper Than New Jewelry? - Ageless Heirlooms (1)

People usually spend the most amount of money on engagement rings over any other type of fine jewelry. Likewise, it’s natural to want to save money if possible. If you want a ring that looks brand new, you can save money buying that ring second-hand. But should you?

Use extreme caution when buying second-hand engagement rings from estate sales, flea markets, or any other pop up shop like Craiglist. There are so many scams and to-good-to-be-true deals. Also, the jewelry could be stolen. Why are these scams possible? Because most people can’t tell the difference between a diamond and a CZ.

If you want to save money, ask your local jeweler if they have a gently used section. Some jewelers will have a case of cheaper, gently used estate jewelry. Also, it’s wise to have an engagement ring you purchase appraised through a third party. There’s one exception to this advice. If you can tell whether a diamond is real or fake, then go ahead and buy from anyone and have the ring re-certified.

Buy antique engagement rings from highly-rated dealers.

Is Estate Jewelry Cheaper Than New Jewelry? - Ageless Heirlooms (2)

The antique jewelry market has a lot more variance than the fine jewelry market, which makes purchasing an item like an engagement ring a little more complicated. For instance, if you want a brand new 1-carat diamond solitaire that is SI1 clarity and G color in a white gold setting, pricing will be relatively stable. You might pay a little more for a better cut, but jewelry stores need to be more consistent. Your price will hike up or down depending on the setting you pick.

That same 1-carat engagement ring in an antique setting (that’s over 100 years old) might have a cost variance of several thousand dollars. Let’s see if I can give you a general idea of how pricing works. Remember, there are exceptions.

Here is a list of places you can buy antique engagement rings from the least expensive to the most expensive, generally speaking:

  • Local antique shop: $
  • eBay auction: $$
  • Etsy seller: $$$
  • Etsy seller with a brick and mortar: $$$$
  • Large scale antique jewelry website like Brilliant Earth: $$$$$

You can find similar items on all of these marketplaces, but the cost will differ based on their overhead and branding. Your best bet is to educate yourself on antique jewelry as much as possible, read reviews, and compare compare compare. That’s how you find the best deal. Just because you spend more money doesn’t mean you got a “better” antique ring.

Antique vs. Modern Engagement Rings

It’s difficult to compare prices of antique or vintage rings that are over 50 years old with the prices of new diamond rings. In my opinion, it’s like comparing apples and oranges. The factors used to judge and price antique rings are not the same used to price new jewelry.

So is estate jewelry cheaper? Yes. However, there’s a lot of risks involved when buying second-hand engagement rings unless the seller is reputable and offers a money-back guarantee. If you’re buying an antique ring, you have no choice but to find a reputable dealer. If you want a new ring, stick to the jewelers who know best and offer the best guarantee (unless you can confidently spot a fake).

Is Estate Jewelry Cheaper Than New Jewelry? - Ageless Heirlooms (2024)

FAQs

Is estate jewelry more expensive? ›

Because estate jewelry has a previous owner, it is usually much cheaper than buying new jewelry. While some old jewelry may be worth a lot of money, other pieces may not be worth anything at all. Several factors can affect the value of a piece of jewelry, such as its age, condition, and rarity.

Is antique jewelry worth more than new jewelry? ›

Overview. In most cases, second-hand jewelry is a lot cheaper than new jewelry, especially if you know how to find a bargain. However, antique and vintage jewelry might be more expensive, depending on a few factors like rarity and demand.

Is antique jewellery cheaper? ›

In general, an antique or vintage piece will cost less than its modern counterpart because there are no manufacturing costs involved and because the stones are cheaper.

What are the benefits of estate jewelry? ›

Investing in estate jewelry offers the potential for value appreciation, which means its worth increases with time. Unlike new jewelry, which can depreciate once purchased, estate pieces often increase in value. This is especially true for jewelry from coveted periods or famous manufacturers.

Why is estate jewelry special? ›

Painstaking workmanship and intricate design work mean that each piece of jewelry is a unique object of art indicative of both a specific aesthetic and the artist whose hands crafted the item. Rather than the dime-a-dozen designs that crowd the market, estate jewelry is as special and singular as its owner.

What jewelry holds its value the most? ›

High-quality materials, such as gold, platinum, and precious gemstones, not only retain their value but may also appreciate over time, making for a solid long-term investment.

What old jewelry is worth money? ›

One such piece to look for is Art Deco jewelry from the 1920s or 1930s. “Pieces from this era, especially those with geometrical designs and vibrant gemstones, can fetch high prices,” said Claver. “For example, an authentic Art Deco diamond bracelet might sell for several thousand dollars.”

How old must jewelry be to be called vintage jewelry? ›

Most people refer to 'vintage' jewellery as pieces that are between 50 and 100 years old. Certain eras with distinct styles may be referred to as vintage even if the jewellery from that time isn't yet fifty years old. For example, jewellery from the 1980s has mass appeal due to the recent style renaissance of that era.

What is the difference between antique and estate jewelry? ›

Although many estate pieces on the market today may be 50, 100, even 150+ years old, age is not a determining factor when it comes to classifying estate jewelry. Antique Jewelry: A piece of jewelry is considered “Antique” if it is over 100 years old.

Who pays best for old jewelry? ›

Sell to jeweler, pawn, or gold store

The easy way to get immediate payment, typically a similar amount to an online reseller. In most cases you'll receive the value of the metal and stones - sometimes a bit more. Small, scratched stones have little value.

Is vintage jewelry worth buying? ›

With antique and vintage jewellery the piece has already gone from 'new' to 'old' before you buy it so its purchase value remains the same. In the same way that classic cars are always in demand and retain their value, so antique jewellery will always be collectable and desirable and retain theirs.

Is estate jewelry less expensive? ›

Since estate jewelry has previously been owned by someone else, it can absolutely be cheaper. However, in some cases, it may have actually gained value, making it more expensive. Estate jewelry is absolutely a good investment, especially if you get a great deal!

How old is estate jewelry? ›

Pre-owned jewelry could be from any era; it could be antique or close to brand-new. The word estate has its origins from a time when pre-owned jewelry was part of an estate, implying the previous owner is deceased. Now it simply means pre-owned. ANTIQUE jewelry refers to pieces that are over 100 years old.

How can you tell if estate jewelry is real? ›

Hallmarks and Stamps: Check for hallmarks, stamps, or maker's marks on the jewelry. These marks can provide valuable information about the metal's purity, the jeweler's or manufacturer's identity, and the piece's origin.

Does estate jewelry appreciate? ›

Trends come and go, and the value of gemstones and precious metals is subject to market variations. That said, aspects of both antique and vintage jewelry indicate it will hold its value and probably even appreciate, becoming more valuable over time. These factors include: Age.

What does estate mean in jewelry? ›

Estate jewellery simply refers to a piece that has had a previous owner. However, many jewellers use it to describe jewellery that is less than 30 years old, as the assumption is that those pieces will have been owned previously.

What is the mark up on estate jewelry? ›

High Resale Mark Up, 80% on Average. This is the most frequently asked question, and so it is first on the FAQ list. Here is the typical scenario: A client calls me and wants to sell her ring.

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