Absent a security interest, the account becomes unsecured, the jewelery is yours, and you can do whatever you want with it.
Read the financing agreement that you signed for more info.
Yes you can, as long as you make it clear to who you're going to sell it to that your're still not done paying for the jewelry. You have two option, sell the jewelry close to the original price when you bought it so you can finally clear your payment on the jewelry store, or 2 you sell it for a cheaper price and tell the person you sold it to to continue with paying for the jewelry from where you last got off.
It probably depends on the finance agreement with the jewelry store. Even if you're allowed to do it, after you sold it you would still have to pay off whatever you still owed.
Why not, is a doggie doggie world out there,if you need the money real bad go for it .