Have you been eyeing a piece of jewelry for a long time, but didn't think that you would ever be able to afford it? The good news is, there are ways to make purchasing a piece of jewelry possible without having the entire cash amount in hand.

Let's look at a few ways you may be able to make this dream become a reality.  

Buy Wholesale

Yep, it's true, you can buy wholesale. There are jewelers that sell wholesale to the general public. Most jewelers that sell wholesale are those who make their own jewelry. They are able to create in bulk and sell to cover their time and over-head costs while making a small profit. Retail jewelers often purchase their jewelry from suppliers at wholesale prices, and then have to mark them up in order to make a profit.

The key to buying wholesale is finding a reputable jeweler. This jeweler may be the only person you deal with as he or she might be able to help you with the other necessary steps to achieving your purchase. 

Recommendation or Referral – When possible, obtain a recommendation or referral for a jeweler that sells inexpensive jewelry. There's no better way to find a reputable wholesale jeweler than to have had a friend or family member who has done business with them. No matter how much technology we have to rely on, word of mouth remains one of the most trusted methods of finding jewelers that sell good quality jewelry at great prices. 

Online Search – Searching online is probably the most common way to find jewelers. Online search engines are quick, simple and all around great resources. You can often find reviews for jewelry stores and jewelry outlets while searching. Be sure to read any that you come across.

Better Business Bureau – The Better Business Bureau is free and easy to use. Once you have chosen a jeweler that you are considering working with, go to the BBB website and see what you can find on them.

Jewelry Loan

When you don't have the cash to purchase a piece of jewelry, one thing to consider is a jewelry loan. This type of loan is made by a jeweler or other business such as a pawn shop. A piece, or pieces, of jewelry you own, are used as collateral. Although this might differ, typically you retain the title, and the lender holds the jewelry.

The jeweler that you plan to purchase your new piece from may offer jewelry-backed loans. This type of loan removes the need for a credit check and provides you with the funds required to buy your new piece of jewelry. It's a nice way to finance without going through a bank or other lender.

Selling Jewelry

Another option for obtaining the money needed for your new jewelry may be selling some old pieces you no longer use. Selling jewelry is an excellent way to get immediate cash.

Jewelry often holds an emotional tie. In some cases it may be a negative emotion and selling the jewelry can be a good thing. You may want to take some time to go through your jewelry and see if you have any you would like to part with.

These are a few ideas to help you get a jump on finally purchasing that new jewelry item that until now you have only dreamt of owning. Contact a local outlet, such as Elite Jewelry and Loan, for further assistance.