Buyers are Carefully Vetted through Worthy
Worthy is an online platform that provides buyers and sellers with a safe and luxurious auction marketplace. Sellers send their jewelry from all over the US to Worthy headquarters for appraisals, GIA grading, market value estimations and ultimately the sale of their item. Worthy’s company works to build brand trust and loyalty by assuming all of the risks, covering the FedEx shipping, insurance (https://bangkok.thaibounty.com/2021/12/08/golden-tulip-sovereign-hotel-aed-129-a-e-d-2-4-7-bangkok-hotel-deals-reviews-kayak/) with Lloyd’s of London, complimentary grading at the best labs in the world, professional photography and putting valuables up for auction with the ability to set a reserve.
The brand-named watches are authenticated at CentralWatch. Once the auction finishes, if the final offer is above the reserve price, the deal is closed. Joe McCarthy (13 May 2014). “Worthy hastens auction time for pre-owned luxury jewelry, watches”. And if the final offer is below the reserve price, the seller can decide to sell it for that price or have the item shipped back. The online auction can be watched live by the seller, and both sellers and buyers receive real time updates on the auction status.
Paul Johnson (28 June 2014). “Interview with Ben De-Kalo, CEO and Founder of Worthy”. This page was last edited on 11 October 2021, at 00:38 (UTC). Chain Store Age CSA. Text is available under the Creative Commons Attribution-ShareAlike License 3.0; additional terms may apply. Emili Vesilind (14 May 2014). “New Website Aims to Take Appraisals and Secondhand Jewelry Sales Online”. By using this site, you agree to the Terms of Use and Privacy Policy. Dan Berthiaume (8 September 2014). “Auction platform Worthy to move headquarters to NYC”. Michelle Graff (July 2016). “Five Questions With Ben De Kalo”. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc., a non-profit organization. A Luxury Travel Blog.
Through this process, they place high importance on upholding core values of transparency, integrity, privacy, and convenience. Buyers are carefully vetted through Worthy. Sellers must register online and describe their valuable items. The Worthy buyer platform is specifically built for industry insiders and knowledgeable collectors. Anyone within the United States is able to sell with Worthy. Worthy was designed to give sellers an advantage in the resale market so their online buyer community is composed of industry professionals. Worthy accepts a variety of precious metals including gold and silver, Rolex watches, and other valuable jewelry containing diamonds and colored stones such as emerald and rubies.
The marketplace itself is solely online, with the availability of walk-ins for the item submission stage. It is distinguished from other online auction marketplaces by its evaluation process and guarantees offered to both buying and selling parties. Goods offered for resale are also physically evaluated and stored offline during the auction process. The company first identifies the market value of the item through an automatic pricing engine and then agrees on a reserve price with the sellers.
