Once people realize that retail jewelry is always subject to a huge markup, people tend to lose faith in jewelry stores. Sure, you can shop the sales, but that is hardly convenient. But where else are you supposed to go to find jewelry for gifts, special occasions, or everyday wear outside the sale season?
The internet does offer chances to buy discounted jewelry, but online retailers have big markups too! Also, recent talk in the legislature may lead to online retailers losing the ability to offer savings by waiving sales tax. When it comes to getting great deals on jewelry, auctions are the place to go. If you live in a big city, you might find auctions to attend in person. But no matter where you live, you can always frequent online auction sites. Seized jewelry online auctions in particular can offer awesome deals on truly unique pieces of jewelry.
Seized jewelry auctions are stocked with jewelry that has been taken from individuals or businesses due to a legal action. This might happen because they are in debt, have declared bankruptcy, had their purchases repossessed, need to pay a fine, or acquired the jewelry illegally. No matter where the jewelry came from, the common theme is that it MUST be sold. This means low starting prices. Sometimes you can snap up the bargain jewelry when it is first auctioned, but many auctions are not open to the public. You can still get your hands on the seized jewelry, however, because an online seized jewelry auction site will often buy the whole lot for pennies on the dollar and then repost the individual items on their own site. The prices will still be low because the seller paid so little for the jewelry.