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Deep Pockets Are Funding This Growing Online Retailer That Appraises Jewelry in Person

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E-tailer now has jewelry appraisal locations in four major cities.

Online retailer The RealReal will open a new jewelry and timepiece appraisal office in San Francisco, its fourth such location, the Fashion Times reports. The article notes that jewelry is among the fastest-growing categories for the e-tailer, which opened appraisal offices in New York, Los Angeles and Chicago in the past year. The RealReal – which scored $40 million from a venture capital firm last year – lets clients bring in jewelry and timepieces to be evaluated by gemologists and watch experts, who then draw up valuation documents that are posted on the site. Consignors earn 60-70 percent of the selling price.

Read more at the Fashion Times

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