Selling Your Jewelry?

Are you selling jewelry assets? Jewelry Brokerage Service was designed for you

My Jewelry Brokerage Service is dedicated to enabling you to sell your jewelry assets on short- or long-term consignment, utilizing these elements:

  • In a beautiful salon in Oklahoma City's finest office complex, a showroom for buyers and sellers of estate jewelry. 
  • A fully qualified gemologist-appraiser with more than 30 years of experience in the estate jewelry field.
  • Long-term consignment (usually six to twelve months) for owners who wish to realize the highest possible prices from private buyers.
  • Quick sales (usually three days) to a national network of the best buyers in the gemstone, jewelry, and precious metal trades.  
  • Consultant's advisory service for jewelry owners to explore all options, including selling on their own and in various auction formats.

What is estate jewelry? It is defined as any jewelry that is or has been owned by an ultimate consumer, whether bought or inherited. It may be of any quality — from fine antique and vintage heirlooms to low-end items made last month overseas; from commercial-quality gemstones sold on TV or the Internet to jewelry obtained from the finest retailers. It includes fashionable "bridge" jewelry and even some costume. It may be in pristine condition or suitable only for scrapping, and of tiimeless style or hopelessly out of date.

When I joined my family's jewelry business in 1977, I was fascinated by estate jewelry, and when I opened my own business in 1991, I knew I wanted to provide a full range of services in the estate jewelry field, including appraising, consulting, and restoration, and, above all, to act as a faithful agent for the confidential sale of estate jewelry on behalf of its ownersNearly 40 years later, I have reached this goal by serving hundreds of individuals, estates and heirs, trust and charities, and bankers and lawyers.

Jewelry Brokerage Service begins with consultation. Whether you are a private owner or are acting as a fiduciary, my first responsibility is to find out what you have and where it should sell for the highest return (whether I become your broker or not), considering your requirements for time and the most lucrative outcome. If we proceed to consignment, the item's price, my commission and the term of our agreement are established. For quick sales to the trade, I pay the owner immediately, and for second-hand retail sales, no later than the end of the same month in which an item is sold. Until then, all items are held on my secure premises, and are insured.

In today's online world, the possible ways to sell estate jewelry are many. These choices present owners with both opportunities and dangers, including market strategies and pricing options that are not always obvious. After more than 35 years in the estate jewelry business, I have dealt with most of the major players in the trade and also opened the door to online sales to ultimate consumers. Please call me at (405) 843-7856 or contact me here to begin developing the personal strategy for selling your jewelry that is right for you.

If You Live Outside My Area

For institutional owners:

I have helped many estates and heirs, trusts and charities, and bankers and lawyers dispose of unwanted jewelry. As legal representative and entities, you have the need to act with due diligence. Through a lifetime of education and experience in the estate jewelry field, I satisfy this requirement professionally and personally. I am able to travel to your location, so please contact me.
 

For private owners:

Many private owners contact me from all over the country, and I have sold jewelry for a few. But I have found that it is usually best, at least at first, for you to contact someone in your own area. Start by consulting a professional appraiser who specializes in estate jewelry. That person will help you to identify and value your jewelry before you contact me, and he or she may also offer options for selling. 

 

About My Commission

In consultation, we set both your item's minimum selling price and my commission, as a percentage of the actual price. Sales to ultimate consumers are charged at a higher percentage, because they require more time and service than those buying for resale. Also, sales of lower-priced items are charged at a higher percentage than higher-priced ones, due to my administrative overhead. If you have time to wait for a sale to an ultimate consumer, even at a higher commission you will usually end up with more money in your pocket.

The following commission schedules are guidelines. I evaluate each situation to determine how to work at the lowest commission rate I possibly can.

Commission Schedule for Retail Consignment Sales

Under $500    50%
$501 to $1,000   45%
$1,001 to $2,500   40%
$2,501 to $5,000
   35%
$5,001 to $10,000   30%
$10,001 to $50,000
   25%
Over $50,000   20%

Commission Schedule for Trade Consignment Sales

Under $1,000   40%
$1,001 to $5,000   30%
$5,001 to $10,000   25%
$10,001 to $50,000   20%
Over $50,000
   15%