Headlines

Hate eBay? This Website Wants to Buy Your Secondhand Jewelry and Diamonds

Published

8 years ago

January 22, 2016

INSTORE Staff

Jewelry expert creates a digital portal that gives sellers options.

Jewelry industry veteran Chris Del Gatto “realized that the public was not being treated well when it came to the reselling of gems,” which motivated him to create an online jewelry buying service called DEL GATTO, writes Business Insider. The article says that jewelry sellers first send a photo via text or email, and the company’s gemologists provide an estimate within 24 hours. From there, the seller can either sell the piece directly to the company at a discount, or she/he can list the piece on the website’s marketplace “where you’re more likely to recoup a higher value on your jewel,” though the company takes a 15 percent commission on the sale.

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”