You received an offer for your jewelry — from a dealer, a pawn shop, an online buyer. You do not know whether it is fair. You do not know whether getting more offers would yield a better price or just waste your time.
Always get three offers. Never take the first one. Someone will always pay more.
"Do you understand why different buyers offer different amounts — or are you just comparing numbers?"
Get at least two more offers from different channel types. If a dealer offered, try an online platform and a local buyer. If an online platform offered, try a local dealer. Compare not just the numbers but what each channel business model tells you about why the offers differ.
Yes. Get at least three offers from different channel types — dealer, online platform, local buyer. One offer tells you what one buyer will pay. Multiple offers tell you the market range and help you understand why offers differ.
Three offers from different channel types is typically sufficient to understand the market range. Getting more than five has diminishing returns — the additional offers will likely cluster around the same value as the first three.
Different buyers have different business models. A pawn shop needs quick turnover and offers less. A dealer buying for resale offers wholesale. A private buyer offers retail-adjacent prices but takes longer to find. Understanding the channel explains the offer.
Yes — with knowledge. If you have multiple offers, you can tell a buyer that another channel offered more. Some buyers will match or improve. Others have fixed margins and cannot. Negotiation works best when you understand why offers differ, not just that they differ.
