proto
Shiny_Rock
- Joined
- May 9, 2014
- Messages
- 322
So... dont need a ring anymore.
local jeweller has offered to sell on consignment in his window for 25% commission.
Requires a remount onto one of his standard mounts for £500.
On the plus side, factoring all of this in and jewellers expected sale price of £7500, I break out even minus some cashflow/use of money in the intervening period. Jeweller has also offered to holdover the £500 until the item sells.
However, I have no guarantee that the ring will
1 - sell
2 - sell at the price indicated by the jeweller
Is this a bad deal to make me spend £500 at the jeweller or is this semi normal? It wouldnt sell as a second hand item, but as one of his own stock. I also get to keep the old mount, although what I would do with it is anyone's guess. I expect it will be useless after unmounting?
Its Pt900 which is not seen in the UK, which is why jeweller wants to remount.
local jeweller has offered to sell on consignment in his window for 25% commission.
Requires a remount onto one of his standard mounts for £500.
On the plus side, factoring all of this in and jewellers expected sale price of £7500, I break out even minus some cashflow/use of money in the intervening period. Jeweller has also offered to holdover the £500 until the item sells.
However, I have no guarantee that the ring will
1 - sell
2 - sell at the price indicated by the jeweller
Is this a bad deal to make me spend £500 at the jeweller or is this semi normal? It wouldnt sell as a second hand item, but as one of his own stock. I also get to keep the old mount, although what I would do with it is anyone's guess. I expect it will be useless after unmounting?
Its Pt900 which is not seen in the UK, which is why jeweller wants to remount.