Trends

A Yellow Diamond Ring Is the Most Expensive Item Ever Sold on The RealReal

TrendsJan 19, 2022

A Yellow Diamond Ring Is the Most Expensive Item Ever Sold on The RealReal

Plus, more insights from the luxury reseller’s annual consignment report.

20220119_TheRealReal.jpg
Jewelry from Tiffany & Co. has an interesting relationship with The RealReal. According to the company’s annual consignment trend report, the average resale price was up 23 percent last year, but among an older demographic (Gen X), rather than the LVMH-owned brand’s coveted younger targets like Gen Z. Pictured are bracelets from the new “Tiffany Knot” collection.
San Francisco—Luxury consignment company The RealReal has released its annual report highlighting the biggest trends in the secondhand market.  
 
Comparing January-November 2021 to January-November 2020, The RealReal pointed out that every demographic’s participation in luxury resale increased in 2021. This led to nearly every brand The RealReal stocks increasing in value.
 
Of The RealReal’s 24 million customers, whether consigners or shoppers, the largest share (36 percent) are millennials, closely followed by Gen X (33 percent), then baby boomers (22 percent), Gen Z (5 percent), and, finally, the Silent Generation (4 percent). 
 
With the current focus on 1990s and 2000s fashion, different generations are taking advantage of the resale market to find pieces that are on-trend.
 
Just as logos are trending in clothing, shoes, and bags, jewelry is feeling the effect of the branding craze. 
 
Tiffany & Co.’s “Return to Tiffany” collection saw its resale value increase 14 percent last year, with millennials selling the pieces and Gen X snatching them up. 
 
Overall, the average sale price for Tiffany jewelry rose 23 percent. The RealReal noted that despite the LVMH-owned brand’s attempt to lure a younger customer with projects like its Supreme collaboration, Gen X remains the biggest buyer and seller. 
 
The biggest increase in year-over-year average sale price was for Tiffany’s Schlumberger collection (36 percent), followed by the HardWear collection (up 28 percent), and the Elsa Peretti collection (26 percent).
 
Last year, The RealReal sold its highest priced Tiffany jewel yet—a 21.98-carat diamond and platinum “Victoria Necklace” purchased for $83,000. 
 
 Related stories will be right here … 
 
But that wasn’t the most expensive jewel The RealReal sold in 2021. That honor went to an unbranded yellow diamond solitaire ring. Purchased for $350,000, it’s the most expensive item The RealReal has ever sold in any category.
 
Buyers’ desire for rare, unique and limited-edition items is particularly ardent in the jewelry and watches sector. In fact, vintage jewelry and watch values are outpacing the value of new pieces, sometimes for two to three times the price, The RealReal said in its report. 
 
An Audemars Piguet “Royal Oak” self-winding chronograph sold for $143,000 last year, while a pair of Cartier diamond stud earrings fetched $42,500.

“Over the past year, we’ve seen demand shift from statement jewelry and watches that pop to unique, vintage pieces that are rich in character.” —Steffi Lee, The RealReal
 
Of all jewelry and watch brands stocked on The RealReal, Rolex recorded the biggest increase in value, with a 16 percent average increase year-over-year and some styles selling for up to three times their retail value. 
 
Other category bestsellers, including costume designs, are vintage Chanel necklaces, which sell for up to 697 percent of their retail value, and vintage Tiffany clip-on earrings, which go for up to 381 percent of their retail value. 
 
Unsurprisingly, Patek Philippe “Nautilus” timepieces earn up to 258 percent of their retail value, Rolex “Submariner Date” watches for up to 262 percent. 
 
Fine Jewelry Editorial Manager Steffi Lee said: “Over the past year, we’ve seen demand shift from statement jewelry and watches that pop to unique, vintage pieces that are rich in character. These pieces are a quieter, and more versatile, way to stand out from the crowd.”
 
Observing the resale market at a macro level, The RealReal’s report noted that supply chain constraints and consumers’ desire for more sustainable shopping helped luxury consignment soar in 2021, driving up values. 
 
“Resale has undeniably gone mainstream,” said The RealReal President Rati Sahi Levesque. “When we unpack the trends among our 24-plus million members driving the year’s greatest value gains, they connect back to the handoff happening between generations, the desire for unique pieces that are authentic to personal style and changing shopping behaviors driving more buyers and consignors to luxury resale.” 
 
The full report is available online.

The Latest

Stock image a police car
Policies & IssuesOct 06, 2026
6 Charged in Connection to String of New Jersey Smash-and-Grabs

The alleged thieves used crow bars and sledgehammers to smash into jewelry stores across the state.

The Retail Smiths Principal Partner Sherry Smith
ColumnistsOct 06, 2026
Sherry Smith: Is the Consumer Really Trading Up?

Ahead of the holidays, Smith urges jewelers to take a hard look at who’s buying jewelry, what they’re purchasing, and who’s stopped buying.

Molly Stillman @fashionveggie, Beth Jones @bjonesstyle, Helene Cortez @cortezhelene, and Haley Jordan @haleyjordan12 
SourcingOct 06, 2026
DDG Taps Influencers for ‘My Diamond Does Good’ Campaign

In the new consumer-facing campaign, four fashion and lifestyle creators share the stories behind their natural diamond pieces.

1872 x 1052 Gemolite.jpg
Brought to you by
Meet Gemology’s Next Generation Microscope: GIA® Gemolite® NXT Professional Edition

Experience gemstones with greater precision and comfort than ever before.

Bryan Cowan and Tom Schwartz
MajorsOct 06, 2026
Frederick Goldman Names COO, CMO

FGI President John Orrico is also leaving the company after more than 13 years.

Weekly QuizOct 01, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
JIS Miami fall
Events & AwardsOct 06, 2026
JIS Fall Returns to Miami

The 2026 edition will feature presentations on alternative materials and design trends, as well as pop-up activations on the show floor.

Gahcho Kue rough diamonds
SourcingOct 05, 2026
De Beers to Take Full Ownership of Gahcho Kué

It is the last fully operational diamond mine in Canada following the recent closures of Ekati and Diavik.

Cover.jpg
Brought to you by
Your Piece Could Be the One Editors Talk About

Submit your pieces for a chance to win in this year's competition.

Tiffany gold cat pin Sandy Lerner
AuctionsOct 05, 2026
The Star Cats of the Sandy Lerner Auction

These jewels stood out at Bonhams’ sale of the cat-loving tech entrepreneur’s collection of objects depicting the feline form.

Sorellina Postscript Collection Campaign Imagery of Paper Plane Pendant
CollectionsOct 05, 2026
Sorellina Writes Another Love Letter for ‘Postscript’ Collection

The fine jewelry brand has expanded the collection that debuted at Couture with four new designs based on its most popular styles.

Bruce Bridges CIBJO
SourcingOct 05, 2026
Bruce Bridges Joins CIBJO Board

The AGTA president was elected for a two-year term on the board of directors.

Aerial image of the Lungwebungu River
SourcingOct 02, 2026
De Beers, National Geographic Society Renew Okavango Eternal Partnership

The partnership, a pledge to protect Africa’s Okavango River Basin, has been extended for an additional five years.

Pandora facility Vietnam front view
MajorsOct 02, 2026
Pandora Opens New $150M Manufacturing Facility in Vietnam

The new facility, its first outside of Thailand, will boost its manufacturing capacity by 50 percent.

Surveillance images of robbery suspects
CrimeOct 01, 2026
Police Looking for 4 Suspects in $600K Smash-and-Grab Robbery

Dubai Jewelers in Springfield, Virginia, was once again the target of an armed robbery.

Rolex Oyster Perpetual Day-Date 40 in 18-karat Jubilee gold with aventurine dial
SurveysOct 01, 2026
Rolex Ranks Among Most Recommended Brands in US, Survey Says

YouGov’s 2026 U.S. Most Recommended Brands report’s out, and a fast-fashion giant is sitting at No. 1 while Rolex is just shy of the top 5.

Peoples Training & Research Centre Gujarat India
SourcingOct 01, 2026
Columbia Gem House Opens ‘Cutting Toward Change’ Fundraiser

Proceeds from its jewelry raffle will benefit an organization working in India to combat silicosis, a lung disease affecting stone cutters.

Meredith Young Nebula ring
TrendsOct 01, 2026
Amanda’s Style File: October’s Color Range

This roundup of birthstone jewelry for October features vibrant tourmalines and opals with personality.

Time CEO Jessica Sibley, Botswana President Duma Boko, and Botswana Minster of Minerals and Energy Bogolo Joy Kenewendo in New York
SourcingSep 30, 2026
Botswana’s President, De Beers CEO Say Diamond Demand Is Recovering

President Duma Boko spoke at back-to-back events in the city last week, touting Botswana’s stability and the diamond “bounceback.”

Oscar Heyman A Living Archive Holiday Book
CollectionsSep 30, 2026
Oscar Heyman’s Holiday Book Is ‘A Living Archive’

The catalog showcases 112 new, one-of-a-kind pieces amid highlights from the jeweler’s historic archive.

Gemfields rubies
SourcingSep 30, 2026
Gemfields Posts $98.5M Loss, Writes Down Value of Ruby Mine

Its Montepuez Ruby Mining operation in Mozambique, which is not yielding enough high-quality rubies, has taken a $125 million hit.

Hand holding a gas pump
SurveysSep 30, 2026
Consumer Confidence Falls to 12-Year Low in September

Those surveyed were worried about the present and the future, with write-in responses mentioning high oil and gas prices.

JA New York sign
Events & AwardsSep 30, 2026
Jewelers of America, JA New York to Host Networking Event

The event will take place on the evening of Oct. 26 in New York City.

Christy Bromberg
IndependentsSep 29, 2026
Christy Bromberg, Longtime Gift Buyer for Underwood Jewelers, Dies at 68

She is remembered for her joie de vivre, upbeat personality, genuine interest in other people, and love of the Alabama Crimson Tide.

Dionne Warwick brown diamond ring from Sultan of Brunei
AuctionsSep 29, 2026
Dionne Warwick’s Jewelry Goes Up for Auction

Online bidding is open now for Julien’s sale of items owned by the “Walk On By” singer, whose final album comes out this fall.

Matt Stuller
Events & AwardsSep 29, 2026
Matt Stuller to Receive 2027 Gem Award for Lifetime Achievement

The founder and executive chairman of Stuller Inc. is being honored for his impact on the jewelry industry at the 25th annual Gem Awards.

Emmanuel Raheb, CEO of Smart Age Solutions
ColumnistsSep 29, 2026
Your Holiday Marketing Has a Bridal Blind Spot

December is the most popular month to propose, and jewelers need to keep that in mind when planning their holiday marketing.

Sandy Lerner’s 18-karat gold and diamond cat brooch
AuctionsSep 29, 2026
If You Love Cats, This Jewelry Auction Is for You

Cat ladies of the jewelry world, unite. Sandy Lerner’s collection of cat jewelry and other objects is going up for auction Wednesday.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy