[Jewelry making - Article 00982] - Re: [Orchid] Customer selling their own stones

[Burlison, Tracy]

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Hi Barb,

    I sell antiques, jewelry and junk on Ebay and have for many years. I
    can tell you that there are more reasons NOT to take the stones and
    try and sell them for her on Ebay. 

    I wouldn't do this kind of arrangement for friends, family... much
    less strangers. 

    The risk of having a charge-back on your account (if using Pay-pal
    or other CC service) after you've already paid out her part of the
    sale is too big a risk and leaves you holding the bag. 

    What stones appraise for and what they sell for are two different
    things, unfortunately. Appraisal is generally the insurance value
    replacement. You'll never get $500 for a stone that appraised at
    $500. Getting a fourth to a half of that price is common for Ebay.
    Once you take your cut of the sale... and take out all fees... your
    seller probably wont' be a happy camper. 

    If the auction doesn't sell, will she pay the all the fees for
    listing the items? Ebay's listing fees have skyrocketed in the past
    two years. If you haven't sold there lately, they might come as a
    shock. 

    She'd do better to contact a local estate auctioneer who's got some
    experience with gemstones. If they don't, the better auction houses
    will usually have contacts they can consult for expertise. 

    She can also set a minimum price for the items to sell at. It's
    really a better way for her to go and less risk for you. Plus they
    won't charge her if the gems don't sell.... as Ebay will. 09 

    Please feel free to contact me if you want more information... or if
    you do go ahead and sell the stones for her. I can probably give you
    some suggestions to help minimize your costs/risks. 

    But either way, good luck to you. 

Tracy
Tracy's Treasures
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