Est. 1921 · 280 businesses

Seybold Jewelry Building

Miami, Florida

Houses 280+ retail and wholesale jewelers in a 10-story landmark. Strong specialization in colored gemstones, Latin American clientele, and rapid cash transactions on watches and gold.

Downtown Miami, 36 NE 1st Street

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Why district buyers pay more
  • Compressed competition. Dozens of buyers within walking distance compete for inventory.
  • Specialist categories. Estate jewelers, diamond merchants, and watch experts each operate independently.
  • Wholesale resale chains. District buyers connect directly to wholesale and auction circuits, allowing higher buy-side offers.
  • Walk-in appraisals. Free verbal estimates from multiple specialists in one afternoon.

Selling tips for the Seybold Jewelry Building

  • Visit on a weekday morning when buyers have time for full evaluations rather than rushing weekend walk-ins.
  • Bring 2–3 pieces, not 10. Specialist buyers give detailed offers when they can focus.
  • Collect 3 offers minimum. District buyers know they're competing; first offers are usually 10–15% below their ceiling.
  • Use the district's security. Most district buildings have armed lobby security; for $10K+ transports, ask for escort to your car.

Today's spot prices

Gold (24K)
$4,545.78 /oz
Silver
$76.30 /oz
Platinum
$1,977.89 /oz
Palladium
$1,422.45 /oz

14K gold = 58.3% pure · 18K = 75% · 22K = 91.6% · 24K = 99.9%

30-day metal price trend

How spot prices have moved over the last 30 trading days. District buyers' offers tend to track these moves with a 24–48h lag.

30-day trend · 4 metals · refreshed daily
+5%+2%0%-2% Gold -4.8%Silver -1.8%Platinum -5.4%Palladium -9.4%

Typical offer ranges in Miami

A 1ct certified engagement ring — how different buyer types compare. The Seybold Jewelry Building's walk-in competition keeps local offers closer to online specialists than to pawn.

1ct engagement ring · typical cash offer range
Online specialist $2,500 – $4,500insured mail-in, 2–5 daysLocal district buyer $1,500 – $3,000walk-in, 3 offers same dayMall jeweler $500 – $2,000Pawn shop $300 – $700instant cash, lowest offer $0$1.5K$3.0K$4.5K$6.0K

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