For those who consigned with JbG… how long?

[TruLuv858]

Hey All!

I am currently navigating whether to trade in my stone or consign it. I really don’t have any interest in personally listing it. Adam at OWD is offering a pretty close trade to what I would receive from Grace “after consigning”- they will probably be about $1500 off. The question is, do I try to shoot for that extra 1k-$1500 or save the time and go for the trade? I don’t know that I am interested in waiting potentially months to Consign it… I feel like it a gorgeous OMB, and as a 2.5 ct, probably a pretty popular request?

Just curious what your thoughts are and how long it took you to sell your piece through her? Both have been amazing vendors, and I believe working with either would be a non-issue, it’s more timing than anything- because I want to start NOW .

 

[Ionysis]

Depends what percentage of the total value $1,500 is.

If you’re selling it for 3k then 1500 would be 50% less. If you’re selling it for 100k then 1.5k less doesn’t matter much.

 

[Resonance.Of.Life]

I consigned with Grace - it depended on the item being consigned on how long it took to sell. My 2.56 carat OEC and my 3.02 carat antique cushion sold the day it was listed. The 4 carat cushion I had took months to sell but again, different price range.

For me, it would depend on whether or not OWD had something I wanted in order to trade-in vs consign. By trading in you are set with that vendor only- selling you can take your money and go wherever.

 

[Mrsz1ppy]

I think the diamond market is in total disarray, so the time it takes to sell now is distorted. If you are in a hurry, trade it in.

 

[Mrsz1ppy]

I think the diamond market is in total disarray, so the time it takes to sell now is distorted. If you are in a hurry, trade it in.

 

[TruLuv858]

I consigned with Grace - it depended on the item being consigned on how long it took to sell. My 2.56 carat OEC and my 3.02 carat antique cushion sold the day it was listed. The 4 carat cushion I had took months to sell but again, different price range.

For me, it would depend on whether or not OWD had something I wanted in order to trade-in vs consign. By trading in you are set with that vendor only- selling you can take your money and go wherever.

This is super helpful, thank you ROL. I feel like a 2.5 J OMB is in fairly popular demand as the pricepoint may be more accessible, which is one reason I think it would sell fairly quickly- but yes still a gamble for sure. I am going to see what Adam has for me this week, and if at first blush I don't love anything I may go the Grace route and take my time...

Depends what percentage of the total value $1,500 is.

If you’re selling it for 3k then 1500 would be 50% less. If you’re selling it for 100k then 1.5k less doesn’t matter much.

Totally agree, my budget for the new Diamond is tight and I am trying to stay as close to it as possible, but if I found what I loved would the $1.5k matter, the answer is No, I would still get what I want... great perspective, I feel like my time and ability to move forward is worth more than the $1.5k, so I guess that sort of answers my question, lol!

I think the diamond market is in total disarray, so the time it takes to sell now is distorted. If you are in a hurry, trade it in.

Yes, its kind of what I am worried about...in the grand scheme of things I am not too worried about the $1.5k... and I feel pretty confident Adam, of all people, can find me something beautiful!

So glad we talked this out, folks ... I am not sure what I would do without this community!