|
What type of jewelry do you accept?
How much will I receive from the sale?
When will I be paid for items that have sold?
Do I need to make an appointment?
How is the sales price established?
Can I price my own merchandise?
Can I put a minimum sales price on my items?
Do you charge extra to post my consignments onto your Online Showroom?
Do you accept costume or handmade jewelry?
How long is the consignment period?
What if my items haven't sold at the end of the consignment period?
Can you clean or repair my jewelry?
Why is getting an independent 3rd-party appraisal so important?
(Close Window)
Q: What type of jewelry do you
accept?
A: We accept
fine jewelry of the type that would be purchased in a jewelry store. Diamonds,
gemstones, gold, platinum, pearls, jade, high-end watches, and high-end
designer jewelry.
All items must be
accompanied by a recent 3rd-party independent appraisal with "appraised
replacement value" of at least $750.
If you don't have a
current appraisal, we can have your item appraised with our associate
Pacific Gem Labs of Portland. P.G.L. is one of the Pacific Northwest's
oldest and most trusted jewelry appraisal services.
We also have a
consignment program for those who make handmade jewelry, or have a lot of
costume jewelry. Click here for info.
Top
Close Window
Q: How much will I receive from
the sale?
A: The
consignor will receive 60% of the selling price.
Top
Close Window
Q: When will I be paid for items that
have sold?
A: For items sold between the 1st and
15th of the month, checks are mailed on the 22nd. Items sold between the 16th
and the end of the month, checks are mailed on the 7th of the following month.
Top
Close Window
Q: Do I need to make an appointment?
A: Yes. Our intake process requires that
we sit down with you and thoroughly document each item received, plus discuss
the process with you and answer any questions you may have.
Top
Close Window
Q: How is the sales price established?
A: Pricing is determined by several
factors. First and most important is the 3rd party independent "replacement
value" appraisal. Generally, the starting price is about 50% to 70% of the appraised
replacement value, but that can vary significantly depending on condition,
age, and demand for the particular style.
Top
Close Window
Q: Can I price my own merchandise?
A: You may recommend an amount for our
pricing specialist to consider, however we cannot accept consignments if we
feel the item won't sell because the price is too high. Most consignors
are very pleased with our pricing recommendations as they provide a fair
return and a quick sale.
Top
Close Window
Q: Can I put a minimum sales price on my
items?
A: We give you options regarding the
selling price. You can specify that the price is to remain firm, or that you
will accept an offer of a pre-determined amount lower than the ticket price,
or you may even specify that we contact you with offers.
Top
Close Window
Q: Do you charge extra to post my items
onto your Online Showroom?
A: This fantastic benefit is included at
no charge! We are the only consignment store in the northwest that
maintains on a daily basis an online database of items offered for sale in our
store. Although this is a significant added expense for us, we feel that the
benefits to the consignor and to the customer far outweigh the expense.
Top
Close Window
Q: Do you accept costume or handmade
jewelry?
A: If you make jewelry or have a lot of
nice costume jewelry you would like to sell, we offer lighted locked glass
showcases in our jewelry department that are available for lease by the month.
Lease 1 shelf or the whole showcase! You receive 90% of the selling price.
Top
Close Window
Q: How long is the consignment period?
A: The consignment period is 6 months.
Top
Close Window
Q: What if my items haven't sold by the
end of the consignment period?
A: We will contact you when it is time
to pick up your items if they haven't sold.
Top
Close Window
Q: Can you clean and repair jewelry?
A: Yes. We have partnered with Associate
Jewelers, Inc. to clean and repair our customer's jewelry. Associate Jewelers
Inc. has been in business for over 30 years and is a well-respected jewelry
designing, manufacturing, and restoration company.
Top
Close Window
Q: Why is getting an independent 3rd-party
appraisal so important?
A: A potential buyer would be very
reluctant to purchase an expensive piece of jewelry without a written,
unbiased appraisal of value from a certified gemologist. An Independent 3rd-party appraiser
has no reason to inflate,
devalue, or conveniently apply a specific value to any of the items they appraise. In addition, independent
appraisers are incredibly thorough and competent and typically provide the customer with a great deal
of specificity and details on the jewelry they appraise. We have chosen
to use Pacific Gem Labs as our preferred appraiser, as they are one of
the Northwest's oldest and most respected independent appraisers.
On the other hand, jewelry retailers who
provide a free "in-house" appraisal may indeed have a conflict of interest.
Top
Close Window
| 