In the market for some jewelry, and don’t know whether to buy pre-owned or new? This guide can help you decide which option is best for you.

Buying Jewelry — Pre-Owned vs. New

Adorning bodies with beautiful and meaningful objects has been an important cultural practice for the entire history of the human race. Many examples of jewelry made over the millennia might not fit in with modern styles. But some, perhaps especially those made more recently, retain beauty and significance that transcend time, either gaining a much-loved patina or being polished to look like the day they were made. Whichever is chosen, such pieces will make a statement that will inspire many admiring glances.

You might ask yourself why you shouldn’t consider owning some of the thousands of beautiful objects that have been made with craftsmanship and in styles not found at the stores at the mall. Why, indeed?

Here are some of the factors to consider.

Buying Pre-owned:

Better Value

If you are a bargain shopper or someone who just recognizes good value, buying pre-owned jewelry can allow you to own a beautiful piece for up to 30%-50% less than it would have cost when it was new. With the amount that you save buying pre-owned, you may be able to go home with more than one piece of beautiful jewelry.


Some pre-owned pieces are in styles and from collections that have been discontinued. This means your piece of jewelry is rare and exclusive. Not to mention, the history of your jewelry can add to its allure. Sometimes, the previous owner of jewelry was interesting and influential, or the jewelry itself has a story to it. This history makes your piece unique.


Reputable jewelry stores are likely to have carefully inspected and graded the quality of their pre-owned jewelry. This means you are more likely to purchase a high-quality, gently used piece that has been restored to near original condition. If prongs holding a stone need to be reinforced or repaired, it will likely have been done. If a catch on a necklace or bracelet needs work, it probably has been taken care of.

Environmentally friendly

By recycling jewelry, you are reducing your carbon footprint. Yes, you CAN shop for jewelry sustainably. By purchasing pre-owned, you are not only reducing the energy used to create it but also the need for mining more precious stones and metals. Mining is responsible for a large amount of greenhouse gas emissions. Buying pre-owned also cuts down on the toxic materials such as cyanide and mercury that are byproducts of mining operations.

Buying new:

Original owner

An obvious advantage of buying new is being the original owner of the ring, necklace, bracelet, or earrings. For some, being the only owner of their jewelry holds sentimental value. Being the original owner may mean to you that the piece is truly yours.


Another advantage of purchasing jewelry new is the larger selection to choose from. If you are looking for a specific ring or necklace, you will have an easier time finding it among the large selection of new jewelry being sold today, rather than waiting for that specific piece to be sold to your jeweler.

Choosing a store:

Whether you’re leaning toward buying new or pre-owned jewelry, Pegasus Coin and Jewelry can help. We have a wide selection of both new and pre-loved items, from bridal jewelry to pieces suitable for formal or casual occasions, and watches. Our experienced staff will help you find the perfect adornments for you or a special person in your life.

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