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Saving Money on Jewelry

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Whether you are talking about gold and precious gems or simply costume jewelry, it can be expensive. Share your tips on finding the best deals to fill your jewelry box. This is a guide for saving money on jewelry.


Share on ThriftyFunThis guide contains the following solutions. Have something to add? Please share your solution!

By 9 found this helpful
July 24, 2011

At the beginning of our relationship, my husband would buy me one nice piece of jewelry for Christmas. When we actually married, we couldn't afford to buy a brand new engagement ring. I found one I loved at a pawn shop for $500, and it appraised for $3500. My husband always wanted to upgrade me to something nicer.

On our 5 year anniversary, he did! A good friend introduced him to a local jeweler. They also buy back jewelry from people. Because they can buy it back cheaper, they can sell it cheaper. Spending the money he'd been saving, my husband was able to buy me an engagement ring valued at 3 times what he paid.

It is a beautiful ring and I love it! I frequently receive compliments on it. Now all of my jewelry is bought from the same jeweler. I have nice things to pass on to my children at a fraction of the cost.


By Mistie from Baton Rouge

Comment Was this helpful? 9


July 30, 20110 found this helpful
Top Comment

I have bought jewelry from pawn shops for years. I have a whole safe at the bank full. I went through some of it and found some gold ones I never wore. I took them to a gold and silver place and got quite a bit for them since gold went up. I did real good and still have tons left. I would never buy from a jewelry store again, plus pawn shops have some unusual things, a lot of old things too.

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May 2, 2011

Hey fashionistas! Chain (and metal disc) necklaces are all the rage, but the new trendy ones are pricey. Here's a tip - take smaller chain belts from the thrift store and fasten the ends together permanently by opening and closing a jump ring. Voila! An easy, cheap fashion necklace. (Really, no one can tell you spent $1 or so on the belt.)


By pam munro from L.A., CA

Comment Was this helpful? 7

By 4 found this helpful
July 25, 2011

You can make fun and inexpensive earrings out of buttons. You'll need a pair of cute buttons that attach to clothing with a shank, rather than flat buttons with 2-4 holes. Use wire cutters to remove the shank. File down any nubs left with a dremel tool if you have one, or an emery board.


You can purchase earring posts and backs cheaply at your local hobby store. Superglue earring posts to the backs of the buttons. Let them dry, and enjoy your new earrings!

By wowieann from Houston, TX

Comment Was this helpful? 4

By 5 found this helpful
July 26, 2011

Some of the prettiest jewelry, can be purchased at thrift stores for less than pennies on the dollar. If you discover a bracelet or necklace with a missing link or a lost clasp, a few moments can repair them like new. Inexpensive findings (links and clasps) can be purchased at craft stores, or on line at jewelry supply sites.

In many instances, the people at the thrift store will let you have those pieces for twenty five or fifty cents, because to them it is merely a broken piece of jewelry. They do not have the time to worry about them, and are glad to be rid of them.


By willow fahy from Philadelphia

Comment Was this helpful? 5

May 4, 2012

A few years ago, vintage jewelry was much easier to find in places like thrift stores and much less expensive. Now what I can find for a reasonable price usually has some flaws. I get past that by restoring the pieces.

July 19, 2011

Try consignment shops, pawn shops, and the local thrift shops and Dollar Stores for inexpensive jewelry. I have a pre-teen and these are the cheapest places that I go.

By Alice Heppner from Big Lake Ranch, BC

Comment Was this helpful? 4

By 1 found this helpful
October 16, 2007

Use an inexpensive ribbon (for example the 50-cent or 99-cent ribbon at a craft store) instead of a chain with your favorite pendant. This is best for costume jewelry or high-quality inexpensive jewelry, not fine jewelry, but it adds a special touch to any outfit.

Comment Was this helpful? 1

October 26, 2011

You can re-surface/spiff up costume jewelry using colored nail polish. I just touched up the worn gilding on a vintage pendant using gold-colored polish.

Comment Was this helpful? 7

By 1 found this helpful
September 28, 2010

If your skin is turning greenish-black from the metal of a watch, you can protect your skin from it by painting the backside of the watch with clear nail polish or cut corn pads to fit the size of the back and stick them on.

Comment Was this helpful? 1

July 6, 2010

When most people think of gems they think of diamonds and other precious ones, but there are lovely semi-precious stones that are lovely and very affordable.

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December 18, 2009

Picked up a bargain cocktail ring at H and M, but it was a bit too shiny. I added some interest by putting on some blackish glittery nail polish on the work around the stone. Now it look likes marcasite and a much more expensive ring!

Comment Was this helpful? 1

July 25, 2011

I've found great deals on real jewelry like Seiko Watches for $1.99, only needed a battery. I've also bought pretty jewelry (not real gems) at the $1 store. It came with a necklace and earrings.

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May 1, 2008

Need new jewelry? Buy vintage jewelry instead. A lot of energy is being used making new jewelry. Also there are a lot of chemicals used in the mining process.

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Ask a QuestionHere are the questions asked by community members. Read on to see the answers provided by the ThriftyFun community or ask a new question.

December 8, 20040 found this helpful

I have lots of old cheap gold earrings. I would like to find a way to paint them. I used gold spray paint but that only lasts for a few days and the jewelry started to have an funny smell, kind of like rusty. Can you advise me on what would be good to use. Also I did not know if I should Use some type of sealant. -Lonnie George


By Brandi (Guest Post)
December 8, 20040 found this helpful

I have used fingernail polish to paint earrings. If you want to paint them gold though, I would seal first with clear nail polish and then try spraying again.

Reply Was this helpful? Yes
By Fran Marie (Guest Post)
December 9, 20040 found this helpful

Actually, you could spray paint first then seal with either clear polish or spray sealer.

Check with the local hardware store to see which paint and sealer is the best for the type of material your earrings are made of.

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By Linne Dodds (Guest Post)
December 9, 20040 found this helpful

Gold nail polish,even the glittery kind,then seal with a coat of clear.

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May 26, 20050 found this helpful

I went to a local craft store for that same reason, hoping they'd have some gold touch-up paint for jewelry. They didn't. But I went down another aisle and found "liquid leaf" paint which is a liquid version of "gold leaf" used in crafts. It works great and without any sealant.

A few days after painting I dipped it in my jar of jewelry cleaner and no change! The only drawback is that it's not a real brilliant shine, it's more like a "brushed" gold finish but not real dull either.

Hope that helps

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