10k White Gold Diamond 3-Stone Heart Pendant (1/10 cttw, I-J Color, I2-I3 Clarity), 18" Overall Rating:   Retail Price: $198.00 Amazon Price: $129.99	Charm Necklace Silver Multi Gem Jewelry 18.5 inches (gnklc150) Overall Rating:   Retail Price: Varies based on product options Amazon Price: $202.49
Sterling Silver Marcasite and Garnet Glass Heart Pendant, 18" Overall Rating:   Retail Price: $70.00 Amazon Price: View Sale Price	2.02 cttw Created Sapphire and Genuine Diamond Heart Pendant in 14k White Gold Overall Rating:   Retail Price: Varies based on product options Amazon Price: $199.99

Do you know anyone who has purchased jewelry from online jewelry auctions? My wife and I have. There are some things you should know before you try any online jewelry auction. First, there are two types of jewelry auction sites. One lets you bid and keep biding as high as you want. The second type of site sells you bids, meaning each time you bid, you pay regardless if you win the auction or not It is a good deal for the auction site but not for you so do not get taken in by claims of great low prices.

Go to a reputable jewelry auction site like Bidz jewelry and register. There is no cost to do so. Next take any tutorial that is offered so you will know what to do and not make any panic bidding errors. The best Jewelry auction sites online will have categories to help you find the type of jewelry you want to bid on. Platinum wedding bands to name brand watches just search for the article you want. You should be able to click on the picture of each piece of jewelry to get a good description of it. This is especially important to determine gem quality in diamonds and quantity of precious metal used. (If you do not know the 4 C’s of diamonds or what 14k gold is you should not be bidding. Be an educated buyer before attempting to buy any jewelry whether from a store or auction site. Go to the Geological Institute of America for good tutorials relating to jewelry).

Watch the auctions for a day or two before jumping in to see how everything works. Look at the final prices. Was it a bargain or would you do better at a jewelry store?

The only thing left to do is bid. Remember to set a limit and DO NOT GO OVER IT! You are trying to pay less than retail so use bidding discipline.

So you won the auction, congratulations. Now you have to choose shipping type, packaging and whether you want a certificate of authenticity. Each of these has a cost associated with it. And can make your bargain into an expensive white elephant. I suggest the basic shipping as long as it has tracking. Go with the basic box. You can always jazz it up later if necessary. The certificate may be useful if you plan in reselling the item but will add to your cost considerably. For items over $1,000 it is probably a good idea.

Using online jewelry auctions can be fun, exciting and save you money if you do your homework and set your limits. Good luck!

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