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If anyone is planning to Sell gems Los Angeles then getting fair price for it is a challenging and difficult task. Customer would get only a fraction of retail value if he or she sells to a dealer or jeweler. Retail jewelry prices are generally at least 100 percent above wholesale. Jewelers have regular wholesale suppliers who are answerable if anything turns out to be wrong with the merchandise. Buying from individuals is risky; the stones could have been stolen or be marred by invisible flaws. Hence, jewelers almost always pay less than wholesale to walk-in customers—an average of 20 percent less. Try the options discussed below before one considers selling to a dealer or jeweler. Privately owned jewelry usually sells for less than the appraised value. Asking 15 percent or 20 percent below the appraised value might be a realistic starting point. Customer can always come down. Good-quality stuff is always in demand. Run a classified newspaper ad or spread the word among friends and associates. But don’t advertise the home address or keep the valuables there; that could invite a burglary. If anyone have a business phone make to have direct inquiries to that number. Keep the valuables in a safe-deposit box and arrange to show them to prospects in the bank lobby. Don’t accept a check for payment unless the buyer agrees to let one or a mutually acceptable third party hold the merchandise until the check clears. Even cashier’s checks have been known to be phony. Many jewelers, jewelry' brokers and antiques dealers will attempt to make a sale for him or her. The valuables are shown to customers and to investors and collectors who are known to the consignee. The standard charge for this is 10 percent of the selling price, although some dealers keep any amount they get above the price the seller agrees in advance to accept. The consignee should assume all responsibility for any loss resulting from fire, burglary' or other cause, and say so in a signed memorandum or receipt, which should state the terms of the agreement and describe the goods. Ask reputable auctioneers for a contract form and literature describing their services. A major auction house can give customer wide exposure through exhibitions, advertising and catalog listings to sell gems Los Angeles. Through a "reserve" arrangement one can keep his or her valuables if no-body submits an acceptable bid. Leading auction firms collect commissions from buyers as well as sellers. Sellers normally pay 10 percent on items bringing more than 500 dollars and 15 percent on those bringing 500 dollars or less. Sloan, like others, also provides appraisal services and free estimates. Before one sell gems it is important to consider a lot of important points to ensure that one get the best price. Reading the reviews provided by the author is one of the best ways to gain necessary information on Los Angeles Jewelry Buyers.
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