When Is It OK To Sell Jewelry Given To You As A Present?


Diamond-Lighthouse-broker-confused-girlSo you had a big day.  Either it was your birthday, your wedding, your graduation, your anniversary or you just got lucky and somebody decided you deserved a fancy piece of jewelry.  Lucky you!  However, as nice and sparkling as it may be, you ultimately don’t need it or just don’t want it.  Maybe you’d rather have the cash that it’s worth; maybe you just think it’s plain ugly and want a different version of it.  Whatever your reason, you are now faced with a moral quandary: is it OK to sell it?

Let’s break it down:




A gift is a gift is a gift.  It’s yours to do whatever you like with it.  That is what makes it a gift.  If you are expected to use it for a specific purpose or in a certain fashion, then it ceases to be a gift and can be categorized as an “annoyance”, “unwanted responsibility” or “albatross.”  Typical self serving “gifts” in this realm would be “tango lessons for two”, “cooking classes”, “tandem cat grooming” and “‘I Love My Grandma!’ T-shirts.”  Jewelry can also fall into this group, as the recipient is now expected to wear a potentially hideous item around town, as a virtual billboard blaring: “Someone got me this – ask me who!”  If you’ve received a diamond encrusted tiara for your 16th birthday (and you’re a boy), or a gigantic fancy pink diamond studded scepter (and you’re anyone), you not only shouldn’t feel bad about swapping it out for some cashola, you should feel pride in the fact that you are converting a useless piece of decorative detritus into something actually beneficial: money.  Deep down in the heart of whoever gave you this caliginous nonsense, they want you to be happy.  If that means selling their irradiated green diamond frog head pendant for some smackeroos, so be it.

Also, by selling it, you are possibly giving someone who may actually like this item a chance to, um, enjoy it.




How dare you even ask if this is acceptable?  Of course you shouldn’t sell a thoughtful and expensive present someone went through the trouble of hand selecting for you.  Even if it is not “your style” or “incredibly pragmatic to your life”, by selling it you will simply crush them.  With this cold action you are essentially saying “I care not a smidge for you, you have awful taste, and I secretly laugh at your woefulness.”  If you truly detest what they gave you, the morally NON-reprehensible thing to do is to simply leave the jewelry hidden away, and when the gift giver is around wear it in plain sight.  Put yourself in their shoes.  How would you feel if someone traded in a lovely present you got them for money?  You would think of them as quite callous and rude, and would probably never give them anything of any significant financial or sentimental value ever again.  And don’t think that if you’ve inherited jewelry that you can sell it free of guilt.  Your poor, deceased relative will roll over in their grave if you do this and they may even take it upon themselves to haunt you.

In reality, you need to do whatever is best for you.  If a piece of jewelry is just going to sit around in a drawer for decades collecting dust, it really would be evident to anyone aware of this that it should be put to a better use.  This means selling it.  And selling it for the maximum amount possible.  Diamond Lighthouse will make this happen for you, in as efficient and painless a way possible (learn more).  After you cash the check your previously unused jewelry has garnered for you, you can use some of that money to buy the person who originally gave you the jewelry a nice present.

It’s the circle of life.




-Joe Leone 


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