How to Get Started in the Jewelry Trade

jewelry trade

Often, the best way to sell your jewelry is to trade it in. Jewelers can often offer a higher value for your jewelry than if you were to sell it for cash. When you are in the market to trade in your jewelry, it is important to bring the appropriate documentation, such as a certificate or appraisal. These are most helpful in establishing the quality of the piece. Bringing these documents with you can help you negotiate a higher price.

If you are interested in learning more about the jewelry trade, you can look up resources from the International Gem Society. These resources will help you learn more about the art of gemstones and metalsmithing. Then, you can practice making jewelry and experiment with different designs and styles to find what suits you the best. For instance, you may discover that you have an innate talent for wire wrapping or lost wax casting. Once you’ve mastered these skills, you can sell your work through a jewelry store or an online marketplace.

Depending on the size of your jewelry business, you may need to follow specific health guidelines to stay safe. These guidelines may include wearing a face covering, frequent hand washing, or a no-handshake policy. Some of these guidelines are not mandatory, but you should abide by them if you’d like to attend a jewelry trade show.

For instance, a subscription-based international trade platform, called “The Jewelers Circle,” recently launched in Hong Kong. Those who’ve been approved are gearing up for the first monthly virtual jewelry trade show, “Expo Drive, Wan Chai,” which will be open to approved subscribers and retailers. The Jewelers Circle’s “Expo Drive” will be open 24 hours a day during the show’s opening days, from October 29 to November 1.

Buying fair trade jewelry helps promote sustainability, and it also helps small-scale producers gain the development capabilities they need. In addition, fair-trade jewelry requires a transparent supply chain and respect for human rights. For example, it is important to buy jewelry made by a certified fair trade company. The certification process will ensure that the gemstones are not made from conflict minerals, and their mining process will be environmentally sustainable.

Hispanic consumers have been a growing segment of the jewelry market. They comprise 15 percent of the U.S. population and number around 45 million. While they do not typically spend as much as non-Hispanic white consumers, their overall spending power is significant enough to warrant the investment in the jewelry industry. Moreover, the market is too diverse and varied to ignore.