Consignment

What Does Consignment mean?

In the context of sale, it is usually understood that the consignee (the seller) pays the consignor (the person who owns the item) a portion of the proceeds from the sale. Payment is not made until and unless the item actually sells. The owner retains title to the item at all times, and can end the arrangement at any time by requesting return of the item. A specified period of time is commonly arranged, after which time if the item does not sell the owner can reclaim the item.

We are currently accepting consignments of all types such as diamond jewelry, fine colored gemstone jewelry, antique jewelry, watches, etc.

Because of the complex nature of most jewelry items, Noble Jewelers prefers to evaluate items for consignment on an item by item basis. We are available on a walk in basis Monday thru Saturday from 10:00 AM until 6:00 PM.

Consignors set their own prices but our staff is available to make price suggestions. Our goal is to present your items in the best possible way and price the item so that the seller gets a fair price and the buyer gets good value.

What are your consignment terms?

The consignment selling price is determined by market value. The consignment period is normally three months. All items are carefully evaluated upon acceptance, pictures taken and the proper documentation created. The seller receives a written inventory of items along with copy of the consignment agreement. Upon sale of the item the seller is notified via phone, email or letter. Payout of funds occurs 30 days after the sale is made thereby allowing the buyer ample time to confirm the sale. This rarely happens however it is best to be cautious for all parties involved. Upon completion of the transaction, a check is issued for the consigner to pick up.

We do not charge any hidden handling fees, stocking fees or evaluation fees.