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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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Celebrate Your Retirement with Wilkerson

For nearly three decades, Suzanne and Tom Arnold ran a successful business at Facets Fine Jewelry in Arlington, Va. But the time came when the Arnolds wanted to do some of the things you put off while you’ve got a business to run. “We decided it was time to retire,” says Suzanne, who claims the couple knew how to open a store, how to run a store but “didn’t know how to close a store.” So, they hired Wilkerson to do it for them. When she called, Suzanne says Wilkerson offered every option for the sale she could have hoped for. Better still, “the sale exceeded our financial goals like crazy,” she says. And customers came, not only to take advantage of the going-out-of-business buys and mark-downs, but to wish a bon voyage to the beloved proprietors of a neighborhood institution. “People were celebrating our retirement, and that was so special,” says says.

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