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How to Rent Expensive Jewelry From Hollywood

Contributor
By Stacie Connerty
eHow Contributing Writer
(2 Ratings)
Rent Expensive Jewelry From Hollywood
Rent Expensive Jewelry From Hollywood
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So you didn't win an Oscar. There is no reason that because you are not a celebrity you can't dress like one, including the fabulous jewelry. Follow these steps to learn how to rent expensive jewelry from Hollywood.

From Quick Guide: Guide to the Oscars
Difficulty: Moderately Easy
Instructions

Things You'll Need:

  1. Step 1
     

    Inquire at a local jeweler in Hollywood about pieces that they may have available for rental purposes. Many jewelers may want you to have an existing relationship with them and this is how celebrities get jewelry loaned to them because they have a relationship with the retailer. Try Melrose Jewelers on Santa Monica Boulevard as they are one of the finest jewelers in the city, or the most well-known of all jewelers, Harry Winston. Harry Winston is famous for loaning jewelry to Hollywood celebrities. You can call the jeweler and describe exactly what you are looking for.

  2. Step 2
     

    If you are not local or living in Hollywood, then rent from jewelry rental companies online for the finest jewelry that Hollywood has to offer. There are several online companies that rent jewelry and the process is the same as in person, plus they are still based in Hollywood. These will offer jewelry that possibly was loaned to celebrities.

  3. Step 3
     

    Place a deposit down for your chosen pieces of jewelry whether you are in the actual store or online. The going rate is around 25 percent of the rental price as you reserve the jewelry. The jewelry will then be shipped to you or delivered via courier (if you are in the local Hollywood area) within a few days of the event. Depending on the retailer, approximately 5 to 10 percent of the actual retail value will be held on your credit card as a temporary deposit. The hold will then be released once the jewelry is returned.

  4. Step 4
     

    Take out a short-term insurance policy if necessary. This is in the case of extremely expensive jewelry that you could in no way afford to replace. Make sure that anything you rent is insured for full replacement value and with a low or no deductible. This protects you and the jeweler.

  5. Step 5
     

    Return the jewelry promptly after your event. Most places provide a self-addressed, insured package that can be picked up by the shipper at your convenience. Always use the package given to you to protect the item and for easy return tracking.

Tips & Warnings
  • If you have a special day coming up, renting jewelry gives you an excellent opportunity to wear some amazing diamonds or sapphires that you could otherwise never afford.
  • Splurge a little. Rent exactly what you what because you may never get the chance to own a piece of jewelry like what is available to be rented.
  • You must be home the day that the jewelry will be delivered. Your package containing the delivery will only be released with your signature.
  • Be careful with whatever jewelry you rent because you are responsible for it. If you damage or lose anything, then you have to replace it or get it fixed. This can be very costly.
  • Make certain to decide beforehand if you are going to claim the jewels as your own or admit that you rented them. This will save you from embarrassment as you are stuttering to answer someone's question.
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