WORTHY, an Online Auction Marketplace, Is Changing the Game for Selling Pre-owned Diamonds by Uncovering the Ultimate Diamond Mine in US Households

NEW YORK, June 1, 2016 /PRNewswire/ -- Worthy, the secure online auction marketplace bringing together sellers and professional buyers of diamonds, is where two exquisite 10ct polished diamonds recently sold at auction. The most recent 10ct diamond brought in over $4M in total bids and auctioned for $676,000 and a fancy yellow radiant cut diamond auctioned for $78,000.

What is in your jewel box, that you no longer want or need? Every person with access to a diamond or diamond ring is part of the US "Household Diamond Mine". Imagine owning a piece of this valuable diamond mine that no one else knows about? "The biggest diamond mine in the world is sitting in our homes, with an estimated value of over $1 trillion in the household mine today, 40% is in the US. This mine belongs to the consumers, and we are all stakeholders" says Ben De-Kalo, CEO and Co-Founder of Worthy. Worthy is uncovering polished, ready-to-go diamonds from jewel boxes across the US and has estimated over 54,000 items with a market value of over $162M.

Worthy's consumer driven, data-rich platform identifies the market value of  diamonds. Worthy puts the seller in control, setting the auction reserve and saying yes (or no) to the auction. The Worthy Auction allows for multiple bids per item, extending the reach and selling opportunity to buyers around the world. The entire process, from initial market value to the final bid, is conducted with full transparency and honesty, providing real-time updates to both professional buyers and the sellers.

With unmatched customer service and dedication to each seller, Worthy's goal is to help people sell their pre-owned diamonds for true worth. Theonline auction marketplace is compassionate, empathetic, and cares about the people looking to sell their diamond. Worthy.com speaks to the seller and guides them through each step with ease and clarity during the entire process. Because Worthy serves as the secure auction platform, they speak the language of the seller and understand the questions and concerns that come when looking to sell your diamond.

As part of their commitment to true worth, Worthy has aligned with the GIA, the gold standard of verification in the industry. "Worthy believes in the highest of standards and working with GIA to authenticate and grade the diamonds being put through our auction. Our goal is to protect the consumer. Providing this level of diamond grading allows us to consistently and accurately communicate the diamonds quality and characteristics to our valued community" states Roy Albers, Worthy's Vice President Chief Gemologist.

About Worthy
Worthy is the online auction solution for consumer sellers, jewelry stores and industry buyers as the responsible marketplace for selling and buying pre-owned diamonds. Worthy's unbiased selling platform provides the safest and quickest way to auction high-value items. In addition, the newly launched Worthy Jewelers Program, trustWORTHY, offers retail stores a solution for the valuation and sale of diamonds at the local level, allowing consumers to sell or trade in with their preferred jewelry store using the Worthy auction. Worthy is headquartered in New York City with a research and development facility in Tel Aviv.

SOURCE Worthy