| Author | Topic: How do they do it?!? --on eBay, I mean. |
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jontompsen rough rock Posts: 4 |
I want to sell diamond jewelry on eBay (it seems profitable), but I have no idea where to start. I'm looking to start a small business from home to help out. Can any one help by giving me a clue on HOW this person is doing it: http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=1614020840 I know of one national line of stores (jewelryexchange.com) that guarantees that their jewelry can be appraised for double their sale prace up to $3000. They sell 1.5 ct diamond studs for $599... think those would go well on online auctions? Any help is greatly appreciated, |
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leonid Moderator Posts: 720 |
Hi Jon, Did you try to follow this link for the new sellers: I checked the bid you're referring above. Well the appraisals shown are inflated enormously. For example, one can get 0.7 H-I2 for $800 in the internet, while the appraisal gives you $2,430!!! Current bid is already over $1,500 with almost 2 days left. So the winner most probably won't get any extraordinary deal. |
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jontompsen rough rock Posts: 4 |
Thank you for replying!! Yes, I do know "how" to sell on eBay (I have 21 feedback rating there), I guess I should have refined my questions a little more. 1. Are appraisals generally inflated that much? What appraisors should I look out for? EGL? Is "UGS" (Universal Gemological Services... the appraisor of the diamonds in that auction) reliable? 2. My first post was trying to get a feel for the market. I'm looking for tips on where to buy good diamonds that I could resell on eBay. 3. Do I need to be registered with any diamond associations or the government if I decided to sell a diamond or two per week? What are regulations on selling diamonds? All your posts are greatly appreciated! |
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StevL cut rock Posts: 136 |
You just have to love this ![]() "These round cut brilliant diamonds are I2 clarity and G-H color. They have the sparkle and brilliance of VS1 diamonds." ------------------ |
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leonid Moderator Posts: 720 |
Yeah, right ![]() What amazed me is that probably there are people who will really believe it. |
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jontompsen rough rock Posts: 4 |
1. Are appraisals generally inflated that much? What appraisors should I look out for? EGL? Is "UGS" (Universal Gemological Services... the appraisor of the diamonds in that auction) reliable? 2. My first post was trying to get a feel for the market. I'm looking for tips on where to buy good diamonds that I could resell on eBay. 3. Do I need to be registered with any diamond associations or the government if I decided to sell a diamond or two per week? What are regulations on selling diamonds? All your posts are greatly appreciated! |
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leonid Moderator Posts: 720 |
Jon,
quote: It happens rather often. If you want accurate appraisals contact David Atlas, AGA, www.gemappraisers.com or check our list of independent appraisers: www.pricescope.com/appr_list.asp .
quote: I'm not able to answer these questions competently enough. If you are in the trade you can check trade related websites like www.diamonds.net and www.diamondfloor.com . |
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jontompsen rough rock Posts: 4 |
Thank you! |
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leonid Moderator Posts: 720 |
Hi Jon, Don't mention it |