According to Gleam’s founder Nikki Lawrence, there is about $30 billion in diamond jewelry currently looking to be sold by individuals.
“There is no place for individuals to sell their used jewelry, especially if it’s valued between $500 and $50,000,” said Lawrence.
That’s where Gleam comes in. Gleam is looking to become the go to place when it comes to buying and selling second hand jewelry. In order to do this, Gleam is looking to hire a number of top appraisers and gemologists to aid in authenticity and verification.
Gleam will be positioned to consumers as a place to buy and sell second hand jewelry, but they will also act as a market for manufacturers and other companies to sell directly to the consumer. In that way, Gleam is looking to become the Amazon of jewelry.