What is Jewelry Consignment?

A couple of years ago I bought my wife this piece of jewelry that (guess what) she never wears. So I wanted to sell that back and found out that there are many ways to sell jewelry - on and off line. My friends told me to go to the local jeweler or try eBay and craigslist. The problem is that I was never good in negotiating and usually I don’t get the best price and tend to be too soft when closing the deal…


After some research I found out about this Service that’s called Jewelry Consignment. It means that I give my jewelry to a seller; he sells it and pays me a portion of the money that he got for it. Most of the jewelers offered me anything between a 50/50 to 70/30 split and I wasn’t that happy. Then I found Global Gold & Silver which offered me a 90/10 split! I got 90% of the proceeds and they handled all the expenditures and ad costs. And if your wife decides that she wants that piece of jewelry back and it wasn't sold yet - you can get it back.

If you’re stuck with a piece of jewelry and don’t really know what to do with it, or if you have any questions about selling, consigning or scrapping your jewelry, please don’t hesitate to call (212)-575-2975 or email Global Gold & Silver.