MajorsJul 20, 2022
EBay Expands Authentication to Jewelry with GIA PartnershipMajorsNov 17, 2022
At eBay’s New Pop-Up, Pre-Owned Luxury Goods Are Currency
The temporary space in New York’s Diamond District lets shoppers trade in one authenticated luxury item for another.
EBay has opened the eBay Luxury Exchange, a pop-up that lets shoppers trade in their pre-owned luxury goods for other authenticated items.
New York—At eBay’s new pop-up, shoppers can trade in their pre-owned luxury goods for another authenticated item.
In time for New York Jewelry Week, the company has opened the eBay Luxury Exchange in the Diamond District.
Shoppers can bring their luxury items in for an appraisal. After receiving an assigned value, they can look through the store’s array of designer jewelry, watches, and handbags.
Once they find something they like, their appraised item can be exchanged for the new item.
If there’s nothing they like, shoppers can use the on-site photo studio to list their item on eBay rather than exchange it.
The pop-up stocks brands like Rolex, Van Cleef & Arpels, and Gucci.
The eBay Luxury Exchange is located in the heart of New York’s Diamond District.
"It's never been easier for luxury enthusiasts to refine their collections in a trusted environment, and we wanted to create an IRL experience that reflects what's happening on eBay every day," said Tirath Kamdar, general manager of luxury at eBay.
"The Luxury Exchange gives shoppers an opportunity to appraise and sell their valuable goods, and add something new to their personal collections, just in time for the holiday season."
EBay's Luxury Exchange is located at 22 W. 47th Street in New York. It is open to the public from Nov. 16-17 from 11 a.m. to 6 p.m.
Physical authentication is key to making a shopper comfortable purchasing pre-owned luxury goods on an online resale platform, said eBay.
Its upcoming brand campaign, “Everyone Deserves Real,” will highlight its authentication service and experts.
EBay recently expanded its authenticity service to include fine jewelry, teaming up with the Gemological Institute of America.
The company is now able to authenticate new and pre-owned fine jewelry sold for $500 and above, including designer jewelry from Bulgari, Van Cleef & Arpels, David Yurman, Cartier, and Tiffany & Co.
In the face of economic uncertainty, interest in alternative investment classes, like luxury goods, has grown, said eBay.
The company looked into this growing interest, partnering with BoF Insights, the data and analysis think tank from The Business of Fashion, on a new report titled: "The Rise of Resale: Luxury As Currency."
The report found that 30 percent of U.S. luxury shoppers surveyed believed the value of luxury handbags, watches, and jewelry is less volatile than other investment assets they own.
“More than half of these shoppers see their luxury items as a form of currency, and they think about their collections dynamically, as a way to trade for other items that they want,” said eBay.
Of those surveyed, 62 percent said they have sold items in their collections for more than the original purchase price.
EBay also shared some insight on what its shoppers are buying.
In 2021, eBay sold eight fine jewelry items in the US and Canada every minute.
Cartier, David Yurman, Gucci, Swarovski, and Tiffany & Co are the top selling brands in the US and Canada this year.
As for popular styles, sales of the Chanel “Coco Crush” ring, the David Yurman “Cable Spira” bracelet, the Gucci Interlocking G bracelet, and the Mikimoto cultured pearl bracelet are up triple digits year-over-year this year in the U.S. and Canada.
EBay is also a major watch seller with eight watches purchased in the U.S. every minute in 2021.
Hamilton, Omega, Seiko, TAG Heuer, and Tissot are this year’s top-selling watch brands in the U.S. and Canada.
Sales of the Omega Speedmaster and the Rolex Oyster Perpetual Explorer were up triple digits year-over-year in the U.S. and Canada this year.
Editors' Picks
Sponsored by
More on Majors
The Latest
PodcastsAug 20, 2026
Episode 8: Diamond Industry Update With David Bonaparte & Ronnie VanderLindenThe industry veterans join the podcast to discuss diamond marketing, the FTC Jewelry Guides, and lobbying for lower tariffs.
TechnologyAug 20, 2026
A New AI-Powered Gemstone Identification App Is HereFounder Vik Westermann said the app is a “starting point” to inspire people to work with appraisers and gem labs, not replace them.
AuctionsAug 20, 2026
Storied Unicorn Brooch Up for Auction Gallops to New Home The Verdura brooch, which belonged to the late Virginia Fortune Ryan Ogilvy, was sold to a private collector in Asia.
Brought to you by
Your Piece Could Be the One Editors Talk AboutSubmit your pieces for a chance to win in this year's competition.
Events & AwardsAug 20, 2026
MJSA Education Foundation Names 5 Scholarship WinnersThe five students were awarded a total of $10,000 through the nonprofit’s 2026 “Future of Jewelry Making” scholarship.
Weekly QuizAug 20, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
Policies & IssuesAug 19, 2026
Spinelli Kilcollin Embraces Dupes With Trade-In ProgramThe jeweler is encouraging customers who own lookalike rings to come into the store and trade them for credit towards an authentic piece.
MajorsAug 19, 2026
Zales Wants You to Wear Fine Jewelry Every DayThe new campaign, “You Are The Occasion,” discourages shoppers from saving their fine jewelry for special occasions only.
Brought to you by
Why More Jewelry Retailers Are Hosting Turnkey Estate Buying EventsRetailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.
SourcingAug 19, 2026
Vasant Mehta, a Dedicated Diamond Industry Leader, Dies at 81Mehta led India’s GJEPC through the 2008 financial crisis and was respected worldwide for his wisdom, integrity, and knowledge.
CrimeAug 18, 2026
2 California Men Arrested in Fatal Vehicle Smash RobberyOne is the driver who allegedly crashed a car into a Sacramento jewelry store in April, striking a 71-year-old employee who later died.
ColumnistsAug 18, 2026
Peter Smith: The IKEA Effect and Bridal Branding In a new column, Peter Smith posits that people actually enjoy putting together IKEA furniture, and the same is true for engagement rings.
CrimeAug 18, 2026
Thieves Snatch $1M in Jewelry From New Jersey Jeweler9lakha Jewelers in Iselin, New Jersey, was the target of a smash-and-grab robbery on Aug. 8.
Lab-GrownAug 18, 2026
Ring Concierge, Kendall Jenner’s Tequila Brand Collab on GiveawayThe jeweler has partnered with 818 Tequila to gift lab-grown diamond studs to a bride-to-be and their bridal party.
Events & AwardsAug 17, 2026
Exhibition on Louis Comfort Tiffany’s Studios to Open at The MetThe exhibition will feature more than 100 drawings of stained-glass lampshades, windows, and more, many created by women and émigrés.
CollectionsAug 17, 2026
Marquise Diamonds Dance in Spinelli Kilcollin’s ‘Wren’ CollectionMarquise-cut diamonds in drop charms are the center of the new collection, reflecting the movement of a dancer in modular styles.
Events & AwardsAug 17, 2026
There’s a New Jewelry Show Coming to FloridaThe inaugural Fort Lauderdale Jewelry, Antique, & Object Show will be held from Jan. 28 through Feb. 1, 2027.
IndependentsAug 14, 2026
Smyth Jewelers to Open Fourth LocationThe family-owned jeweler will open a new showroom in Bel Air, Maryland, this fall.
CrimeAug 14, 2026
Wife of Man Convicted in Jeweler’s Murder Sentenced for Conspiracy Amanda Ileana Hernandez is married to Carlos Hernandez, one of two men in prison for the 2024 murder of Michigan jeweler Hussein Murray.
TrendsAug 14, 2026
Paul Morelli’s Latest ‘Wavey Vine’ Earrings Embrace ColorThe reimagined jewel, our Piece of the Week, trades the diamonds in the original 1998 design for blue, pink, yellow, and green sapphires.
Supplier BulletinAug 13, 2026
Your Piece Could Be the One Editors Talk AboutSponsored by American Gem Trade Association
FinancialsAug 13, 2026
Pandora’s ‘Talisman’ Collection Shines, Lab-Grown Diamond Sales FallIn the United States, second-quarter sales were flat amid soft consumer sentiment and lower in-store traffic.
AuctionsAug 13, 2026
This Gold Cadbury ‘Conundrum’ Egg Set a World Auction RecordThe 22-karat gold egg, sold at Batemans Auctioneers in the U.K., was part of a 1980s treasure hunt ad campaign for Cadbury Creme Eggs.
SourcingAug 13, 2026
2,488-Carat Diamond, Largest Found in Botswana, Has a New Owner Lucara Diamond Corp., which recovered the “Motswedi” diamond from the Karowe mine, sold the stone for an undisclosed amount.
CollectionsAug 13, 2026
John Hardy Infuses ‘Icon,’ ‘Heishi’ Collections with ColorThe expanded collections now feature hand-cut gemstones like topaz, tanzanite, chrysoprase, chalcedony, smoky quartz, and fire opal.
Lab-GrownAug 13, 2026
Jean Dousset Opens Third StoreThe lab-grown diamond jewelry brand’s newest boutique is in Westfield Valley Fair in Santa Clara, California.
SourcingAug 12, 2026
Eshed-Gemstar on the Painstaking Process of Cutting ‘The Legacy Emerald’The gemstone supplier and manufacturer acquired the remarkable 104-gram Zambian emerald at Gemfields’ auction in May.
CrimeAug 12, 2026
Elderly NYC Woman Targeted in Jewelry Swap SchemeTwo suspects offered to trade the woman a “winning” lottery ticket for her jewelry.
