Over the years, insurance companies have accumulated damaged jewellery, gemstones and timepieces after settling claims. These salvaged items can include chipped stones, slightly damaged items, scrap precious metals, later found/returned items and more.
JewelBid gives the trade the opportunity to purchase these items through a simple auction-style listing at highly competitive prices.
All items listed for auction include detailed descriptions, specifications and photographs, including any damage. Diamonds have been photographed through a microscope at 20x plus magnification to enable you to see imperfections and / or damage (where applicable).
Diamonds have been examined by a diamond grading laboratory, providing an assessment as to what the stone could be recut to, assuming the end cut grade will achieve a GIA XXX rating.
Items can be physically inspected at our office in the Sydney CBD by appointment.
Login / Create an account with JewelBid here.
View listed items in the Current Auction. New auctions with different items are regularly launched.
Place a bid on an item. If someone places a higher bid, you will be notified via email.
You can keep track of your bidding by clicking on View Your Bids once your logged in.
Highest bidder at the close of the auction buys the item.
Payment can be made by credit card or EFT at the close of the auction.
Once payment is made, goods will be shipped to you or can be collected at our Sydney CBD office.
A bid is a binding contract. When you bid on an item in an auction, you are committing to buy it if you win.
Items purchased at auction may not be returned, with strictly no refunds or warranties offered.
Shipping within Australia - flat rate of $40. International shipments - contact us for a quote.
You are encouraged to physically inspect the item prior to making a bid. Please make an appointment by contacting us.
