{"id":15968,"date":"2018-03-15T20:38:03","date_gmt":"2018-03-15T20:38:03","guid":{"rendered":"https:\/\/www.truefacet.com\/guide\/?p=15968"},"modified":"2018-07-10T12:55:31","modified_gmt":"2018-07-10T16:55:31","slug":"trade-vs-consignment-smarter-better","status":"publish","type":"post","link":"https:\/\/www.truefacet.com\/guide\/trade-vs-consignment-smarter-better\/","title":{"rendered":"Trade-In vs. Consignment: Which is\u00a0Smarter and\u00a0Better for You?"},"content":{"rendered":"
\"TrueFacet<\/a><\/div>

Seasoned\u00a0watch\u00a0and jewelry\u00a0collectors are familiar with\u00a0the practice of trading-in (or trading-up) their\u00a0pieces\u00a0for a new addition to their collection. However, some are still unfamiliar\u00a0with how the trade-in process works\u2014and whether or not it\u2019s the \u201cright\u201d option for\u00a0them.\u00a0We explain the differences between trading-in<\/a> and consigning<\/a> so you can earn the most bang for your buck\u2014or, in this case, bangle, ring or watch\u2014with Cheap Replica Chanel Shoes Shop.<\/p>\n

What Exactly Is a \u201cTrade-In?\u201d<\/strong>
\nA\u00a0trade-in<\/a>\u00a0gives you a shopping credit for your fine jewelry or watches to apply towards your next Cheap Replica Chanel Shoes Shop purchase. Alternatively,\u00a0consigning\u00a0means you are putting your item up for sale\u00a0on Cheap Replica Chanel Shoes Shop and you\u2019ll earn a percentage of the final sale price.\u00a0So, with a trade-in, you\u2019ll earn a higher commission rate in\u00a0TrueFacet\u00a0store credit. But, in consigning, you\u2019ll earn your commission in cash as soon as your item sells.<\/p>\n

Your third option is to sell your item outright to another collector, a jeweler or watchmaker. However, this may not be open to you if you do not know another collector interested in your particular item. And, even if you do have an interested buyer, jewelers typically only offer the \u201cscrap cost\u201d for your item (how much the metal, if melted down, or precious stones alone are worth).<\/p>\n

\"Browsing
Image via Next Luxury<\/figcaption><\/figure>\n

How Trading In Watches and Jewelry Works<\/strong>
\nWhile trading in watches is fairly commonplace, Cheap Replica Chanel Shoes Shop is one of the few places that will accept\u00a0both\u00a0watches and jewelry.\u00a0To trade in your watch or fine jewelry, simply complete an online form with\u00a0a few details about your item. Our team will then email you a prepaid insured shipping label so you can safely and securely send out your item. Once your watch or fine jewelry arrives at our office, our team of appraisers will set about valuating and assessing the piece.<\/p>\n

Our in-house authenticators will then offer you the fair market value for your item, which you can accept or decline. If you accept, you\u2019ll\u00a0immediately\u00a0receive shopping credit\u00a0to apply to your next purchase. If you decline, no problem: we\u2019ll securely ship your item back to you.<\/p>\n

Why You Should Trade In<\/strong>
\nThe most common scenarios in which you\u2019ll want to trade-in\u00a0your jewelry and watches\u00a0are:<\/p>\n

–\u00a0You have a handful of items to unload.\u00a0<\/strong><\/em>To help your old styles earn you more, you can bundle their value in store credit together and apply it towards a higher ticket item.
\n–\u00a0You already have your sights set on the next purchase.<\/strong><\/em>\u00a0If you\u2019re eager to buy that Rolex you\u2019ve been eyeing for weeks, opt for a trade-in which will earn you credit faster than waiting for\u00a0a buyer.
\n–\u00a0You know you\u2019re going to want to make another Cheap Replica Chanel Shoes Shop purchase.<\/strong><\/em>\u00a0Even if\u00a0you are on the fence about what the next addition to your collection will be but know that you want\u00a0something, pick a trade-in over consignment. You don\u2019t need to purchase something right away\u2014your trade-in credit won\u2019t expire\u2014but you\u2019ll\u00a0earn\u00a0more in store credit than if you\u00a0sold an old piece and put those dollars towards your next purchase.<\/p>\n

\"why-buy-mens-watches\"<\/p>\n

Why You Should Consign<\/strong>
\nUltimately collectors choose consignment<\/a>\u00a0over trade-in\u00a0because they prefer to have cash in-hand over store credit.\u00a0The catch is that you do have to wait for a buyer in order to earn your consignment commission\u2014it\u2019s not a deal breaker for everyone, but worth pointing out so you\u2019re not prematurely counting your extra dollars.<\/p>\n

Whether you choose to trade-in or consign ultimately boils down to your personal preference and, if you have more specific questions about trading in your item, our team of concierge associates are available to discuss it with you here.<\/p>\n

Now that you know the ropes of consigning and trading in your old styles, be sure to read our post on\u00a0when\u00a0to sell and how to tell if the market is hot for your jewelry or watch here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Seasoned\u00a0watch\u00a0and jewelry\u00a0collectors are familiar with\u00a0the practice of trading-in (or trading-up) their\u00a0pieces\u00a0for a new addition to their collection. However, some are still unfamiliar\u00a0with how the trade-in process works\u2014and whether or not it\u2019s the \u201cright\u201d option for\u00a0them.\u00a0We explain the differences between trading-in and consigning so you can earn the most bang for your buck\u2014or, in this case, […]<\/p>\n","protected":false},"author":1,"featured_media":15971,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[469,468,18,467,31],"class_list":["post-15968","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education","tag-consign","tag-consignment","tag-jewelry","tag-trade-in","tag-watches"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/posts\/15968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/comments?post=15968"}],"version-history":[{"count":6,"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/posts\/15968\/revisions"}],"predecessor-version":[{"id":15977,"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/posts\/15968\/revisions\/15977"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/media\/15971"}],"wp:attachment":[{"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/media?parent=15968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/categories?post=15968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/tags?post=15968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}