Selling Jewelry on Consignment: What to Ask First
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Consignment lets a business offer your jewelry for sale while you wait for a buyer under agreed terms. It can suit someone with flexibility on timing, but it is not a guarantee of a higher net return than a direct sale. Compare the written agreement with a current purchase offer before deciding.
Record exactly what you leave
Request a receipt describing each piece, its condition, identifying details and accompanying documents. Keep your own photographs. Ask who holds the jewelry, how it may be shown or moved, and what responsibility the business accepts while it is in its care.
Understand pricing and fees
Clarify the advertised price, the minimum you would receive and who may approve a discount. Ask how commission is calculated and whether photography, repairs, shipping or other charges are deducted.
For illustration only, a $5,000 sale with a 20% commission leaves $4,000 before any other agreed charges. That example is not a statement of our consignment rates. Your agreement should show the terms for your piece.
Ask when a sale becomes payable
Confirm when payment is due and whether a buyer's return period affects it. Ask how you will be notified of a sale and how you can check progress while the item is listed. If timing matters, compare those answers with a direct purchase option.
Plan for an unsold return
Check the term of the agreement, any withdrawal conditions and how an unsold piece comes back to you. Obtain approval requirements for repairs or alterations in writing. Do not assume coverage for loss or damage without asking how it works.
Discuss jewelry consignment with our team and bring the records you have. The best route is the one whose net amount, timetable and responsibilities you understand before handing over the jewelry.