I frequently am asked about selling gold or platinum jewelry, wedding rings, diamonds, and engagement rings on jewelry consignment. The agreement sounds fair: I sell your ring and take a profit. In practice, consignment does not work.
Do you take jewelry in on consignment?No, I do not sell jewelry or wedding rings or diamonds on consignment.
Why Do You Not Offer Consignment? My incentive is to sell the jewelry I have bought and keep in my inventory first. The incentive is the same for any respectable jeweler. It is why consignment seldom works and why your jewelry ends up sitting in a showcase or vault until you pick it up. Also, most jewelry I sell is custom designed and made.
Do you know any jewelry stores that sell on consignment? No, and do not suggest selling on jewelry consignment. Again, see what I said above.
Alternatives To Consignment I will make you a fair offer on your piece of jewelry or wedding ring or diamond. If we agree on a price, you will receive a check or cash that day. The transaction will be final unless we agree otherwise. You will have your money to enjoy! You can learn more about selling your jewelry, diamond, gold or wedding/engagement ring here.