SIC Code 5932-16 - Jewelry-Bought (Retail)
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SIC Code 5932-16 Description (6-Digit)
Jewelry-Bought (Retail) is a subdivision of the Used Merchandise Stores (Retail) industry that specializes in the buying and selling of pre-owned jewelry. This industry involves the purchase of various types of jewelry, including but not limited to, rings, necklaces, bracelets, and earrings. The purchased jewelry is then cleaned, repaired, and resold to customers at a lower price than new jewelry. Jewelry-Bought (Retail) businesses may also offer appraisal services to customers who wish to determine the value of their jewelry.
Hierarchy Navigation for SIC 6-Digit Code 5932-16
Parent Code (less specific)
Tools
- Jewelry cleaning solutions
- Jewelry repair tools (e.g. pliers, wire cutters, soldering iron)
- Jewelry scales
- Loupes (magnifying glasses)
- Appraisal software
- Cash registers
- Security cameras
- Jewelry display cases
- Price tags and labeling equipment
- Packaging materials (e.g. gift boxes, bags)
Industry Examples of Jewelry-Bought (Retail)
- Gold and silver jewelry
- Diamond jewelry
- Vintage jewelry
- Costume jewelry
- Designer jewelry
- Wedding and engagement rings
- Luxury watches
- Antique jewelry
- Gemstone jewelry
- Pearl jewelry
SIC Code 5932-16 - Jewelry-Bought (Retail)
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