warning signs of an online jewelry scam

 

Last month, WRAL News released an article urging online shoppers to be wary of buying or selling to strangers on social media. With numerous buy/sell/trade groups in Wake County, there is a greater risk of scams, especially for high-ticket items like gold. Even worse, thieves could use your social media profiles to gain more information about you and your home. 

In this article, Mark Andrews Jewelers outlines the 3 signs of an online jewelry scam and how to avoid them. Finally, we’ll provide information on selling your jewelry to a reputable buyer rather than a stranger from the internet.

Warning Signs for Sellers

Selling your jewelry online may seem like a convenient way to make some quick cash or make space for new items. However, thieves can use this as an opportunity to scam you out of your jewelry and your money. Below are a few of the warning signs for sellers to be on the lookout before falling into a trap:

Warning Signs for Buyers

We understand that buying jewelry or gold online at a discounted rate may seem attractive. After all, most of us are on a budget and getting a deal has been made easier with sites like Amazon and Facebook Marketplace. Unfortunately, that discount may turn into a more expensive endeavor if you’re scammed out of your cash with nothing in return. So, here are a few warning signs to avoid a scam when you’re buying jewelry online:

Avoid an Online Jewelry Scam

As I mentioned before, it may be attractive to buy or sell your jewelry online. Whether it’s for convenience or to save money, taking the risk and being involved in a scam is neither cost-efficient nor convenient. The best way to avoid an online jewelry scam is to only do business with a reputable company who has been in business for a long time or those that have been recommended by a family member or friend.

To help you avoid being the victim of an online jewelry scam, Mark Andrews offers a free jewelry evaluation for individuals who are interested in selling their items. No need to schedule an appointment, just stop in during business hours to take advantage of this service.