5 Tips to Get The Most Money From Jewelry Consignment
Including
1. Should I Use Jewelry Consignment Near Me
2. Why Selling Online Will Get You More Money
3. Take Appealing Pictures
4. Have The Correct Paperwork
5. Where to Sell Online for The Most Money
Across our publication, the Diamocycle Dispatch, we discuss the many ways you could consign your jewelry and how to get the most money. Our family legacy in diamonds and jewelry began in 1857, over 164 years ago. We are proud to give you the advice we would share with a valued customer.
1. Should I Use Jewelry Consignment Near Me
Consigning your jewelry locally is never an ideal option. Your jewelry is out of your possession and can take a very long time to sell. Often it does not sell, and you have wasted time without ever selling your jewelry. The jewelry is also exposed to a limited pool of buyers and is unlikely to get the exposure you need to get the best price. The fees can be very high with local jewelry consignment ranging from 30-50% of the sale price. The local jeweler has a high business operating costs, and most charge these fees to cover fixed operating costs. That said, there is a better option for selling your jewelry online.
2. Why Selling Online Will Get You More Money
Consigning your jewelry online has the benefits of selling to retail customers with a lower fee structure and exposure to buyers nationwide. Online sellers have a lower cost to do business and can market your jewelry for a lower price. The added benefit is that you can keep possession of your jewelry until it sells. Then, you could market the piece to your social network and an online consignment market for jewelry.
3. Take Pictures that are Appealing
Selling jewelry online is like creating an online dating profile. You can get the best results if you want to take the best pictures. An unflattering picture will not do your jewelry the justice it deserves. We suggest looking at the picture on the site your posting your jewelry and seeing what images you like and what people did to make their jewelry look more appealing. Don’t worry if you are not tech-savvy. The modern cell phone is great for taking pictures of jewelry.
4. Have The Correct Paperwork
When you list your jewelry online, the marketplace will most likely ask for some proof that your jewelry is genuine. This is often a bill of sale, diamond certificate, or jewelry appraisal. Depending on the marketplace’s protocols, they will set the market price, or they may ask you to. The paperwork helps the marketplace determine a price. The diamond certificate can be an essential piece of paperwork. The diamond certificate is often lost, but a laser number is inscribed on the edge of the diamond. With this number, an online certificate can be pulled up. You might have this number on your bill of sale or jewelry appraisal. Having a diamond certificate is very helpful in selling a used diamond. A jewelry appraisal can be beneficial in selling a piece of consignment jewelry. We recommend an appraisal from a GIA graduate gemologist. We have linked our guide to diamond appraisal. https://www.diamocycle.com/a-guide-to-diamond-appraisals
You will likely need some form of paperwork to sell consignment jewelry online. The marketplace will inspect your jewelry to confirm its authenticity.
5. Where to Sell Online for The Most Money
The best place to sell your consignment jewelry online is with Diamocycle. We have a marketplace for preowned diamond jewelry and a process that makes selling your jewelry effortless. You can sell your jewelry safely from the comfort of your home. Best of all, the fees are lower, and your jewelry is exposed to buyers nationwide. To start selling, submit a listing here. https://www.diamocycle.com/sell-a-diamond