David Yurman Bracelet Bought for $3, Sold for $480
A man named Matthew Bettencourt, known as @RetroToyEnvy, found a David Yurman bracelet in a thrift store and bought it for $3. The bracelet's value is estimated at over $700.
The discovery video went viral on YouTube. Bettencourt spotted the bracelet among other cheaper jewelry.
The bracelet had markings indicating 18-karat gold (750) and silver (925). The original price of the David Yurman bracelet was $750.
Bettencourt sold the bracelet on eBay for $480.
Bettencourt is experienced in reselling and educates other collectors through social media.
The pre-owned jewelry market is growing, with global revenue projected to reach $446.3 billion by 2029, according to a Statista report.