How to Sell Jewelry Consignment
Looking for a way to make some fast cash? Do you have some jewelry you would like to sell but don't have time to sell it yourself? If you answered yes to these questions, jewelry consignment is most likely the best way for you to go. Consigning your jewelry will help with your busy schedule and help you make some extra money. You can work out an agreement with a consignment shop to sell it for you, and you get some extra money without hardly lifting a finger. Does this Spark an idea?
Instructions
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Have your jewelry appraised. This will show how much it's worth even if you are not familiar with its history. Make sure you get your appraisal on paper from a legitimate appraiser. It will strengthen your negotiating power to have a professional word of how much it's worth.
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Decide what is the least amount you are willing to accept. Don't forget to ask for more than what you want. Remember, this isn't the price the consignment agent might set. This is the price you get after the agent receives his commission.
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Look for local consignment shops that will take jewelry. You may want to check with shops that sell items other than jewelry as well. There's a chance that some of these shops will accept your jewelry to sell on consignment.
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Contact each shop and find out if it is taking jewelry on consignment. Give a detailed description of your jewelry and let the consignment agent know it has been appraised. Mark off any shops from your list that either aren't taking any new consignments or are not interested.
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Go to each business left on your list. Take your jewelry with you to let consignment agents look at the piece. Make sure to take copies of the appraisal so the agent can see it. Haggle for more than what you are willing to accept for your jewelry to get a great deal. Always have any terms and conditions put in writing.
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Do a comparison of offers you get from each shop. Take into consideration the best deal and evaluate terms and conditions as well as related charges. Once you have made your decision, place your item for consignment.
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Tips & Warnings
Check with family and friends about a good place to go to for your jewelry consignment. They may have some helpful information. Ask someone who's been to a good shop and find out what kind of deal she received.
Make sure you go to a reputable shop. Check out the shop before going in.
