AI tool for estimating jewelry value and promoting sustainability.
- ExJewel AI is a platform that uses AI technology to identify and estimate the value of jewelry, diamonds, and gemstones, addressing the issue of unused assets in the luxury market. - The service offers free estimations and generates detailed reports, promoting transparency and sustainability in the jewelry industry. - This revival of ExJewel aims to create a digital ecosystem that empowers both consumers and businesses to manage their jewelry collections effectively.
1. Luxury Jewelry Collector 2. Independent Jewelry Designer 3. Eco-Conscious Consumer
12 min
Reviving ExJewel: A New Chapter in Luxury and AI
Years ago, I launched ExJewel, a venture born from my experience in the luxury industry—balancing the worlds of high fashion in Dubai and ST Dupont in Paris, while also closing my father’s family business. ExJewel was the bridge between my passion for luxury and the exciting growth of tech.
The concept was simple yet innovative: 92% of all jewelry sits unused, either on business shelves or in customers' vaults. To address this, I created the first and largest database for jewelry, diamonds, and colored stones, applying a custom AI appraisal tool to standardize inventory assessment. The goal? To help businesses and customers upcycle their assets, reducing the need for new sourcing of precious metals and stones.
ExJewel eventually evolved into a B2B2C marketplace, fostering a sustainable ecosystem in the luxury industry. Unfortunately, like many great initiatives, Covid put ExJewel on hold.
Since then, I've had a complex relationship with the traditional luxury sector, which remains resistant to standardization and digitization. I moved on to deep tech startups and scaleups, never looking back—until now.
With the advancements in AI, I've rebuilt ExJewel using a free GPT model. Now, anyone can estimate the value of branded and unbranded jewelry, diamonds, and colored stones.
Check it out: ExJewel AI Tool or visit the website: ExJewel Project.
This revival is part of a larger journey where I’m creating one startup idea every day throughout 2024, aiming to generate 366 viable ideas and selecting 6 to pursue. Follow the journey here: My 2024 Startup Challenge.
The Shazam of Jewelry, Diamonds & Gemstones
It was launched in 2019 and now it’s back for a second round of estimations!
What is ExJewel AI?
ExJewel AI is a proprietary Artificial Intelligence capable of identifying any gemstone, diamond, and jewelry, and estimating their value for free. It aims to clear the opacity between consumers and businesses.
How ExJewel AI Works?
1. Picture
Take pictures of your jewelry, diamonds, or any gemstones and upload them for free.
2. Estimate
Our proprietary AI technology will estimate your item and generate a full report and certification, approved by insurance companies and claims.
3. Manage
- Build your digital precious vault, valued over time.
- Reuse the materials for another project.
- Sell to anyone, anywhere.
Luxury Goods estimation
Diamonds
More than the 4Cs.
Second-hand
Second hand high jewelry.
Gemstones
The big four & the semi-previous gemstones.
Watches
Branded watches from top notch luxury brands.
Unbranded Jewelry
Jewelry designed by private jeweller.
Branded Jewelry
Jewelry designed by well established brands.
Transparent Pricing for Everyone
Customers | Professional | Businesses | |
Free all the time! | Free all the time! | Free all the time! | |
Estimations | 1 free | $20 / 10 estimations | $200 / 200 estimations |
Extra estimations | $1 per estimation | $15 per 10 estimations | $75 per 50 estimations |
White label estimation | Not Available | Available | Available |
Marketplace | Buy | Buy & Sell | Buy & Sell |
Upcycling | 1 quotation for free
$5 per quotation | 5 quotation for free
$10 per 5 quotations | Custom |
Support | Live support | Onboard support | Full Support |
Next step? Contact us →
Why did we create ExJewel AI?
- Most jewelry is not worn, sold, or owned by someone. It remains on store shelves.
- Prices of raw materials are opaque, from rough gemstones to their combination with precious metals.
- Branded jewelry is more recognized and pricier, rather than valuing design, aesthetics, and craftsmanship.
- The jewelry & luxury industry lack innovation and competitively.
- Brands or jewelers still design and produce new jewelry collections with raw materials instead of upcycling existing ones.
ExJewel AI is an innovative AI-powered tool designed to identify and estimate the value of luxury jewelry, diamonds, and gemstones from pictures. Inspired by the concept of Shazam, it aims to bring transparency to the jewelry industry by providing precise valuations.
Features:
- Identification & Estimation: Uses advanced algorithms and a vast database to identify and estimate the value of jewelry items.
- Free Estimations: Offers free estimations for users, with additional paid options available.
- Digital Vault: Allows users to manage their jewelry collection digitally.
- Detailed Reports: Generates comprehensive reports and certifications approved by insurance companies.
- Marketplace Integration: Supports buying and selling of jewelry items.
- Upcycling Quotes: Provides quotations for upcycling existing jewelry.
- Support: Offers various levels of support, including live, onboard, and full support for businesses.