Selling jewellery - nobody seems to be buying

[SACanuckinOz]

Hi,
Hope somebody can shed some light here. I have been collecting the odd bit of jewellery loot from dungeons, etc. but I have not yet found a merchant that buys these items. Which seems weird. I would think that almost every merchant would buy necklaces, rings, etc.
Am I missing something?
Thanks for helping

[urst]

there is a merchant in the Marketplace, "Elumund's Tailoring", who buys jewellery.
the shop is a bit "hidden", directly at one of the district's walls