The Rapaport Group has recently launched its latest project, the Rapaport Jewelry Catalog. The platform features selections of jewelry and certified natural pearls curated by the company. The platform is open to anyone, including dealers and retailers that are open to trade with one another. Consumers can get in on the action as well. All one has to do for a spot in the catalog is submit their estate jewelry. Once the pieces are accepted, they will be featured on the website and sold at a 10% commission. Jewelry can be bought from the start or begin with bidding. Those who wish to buy and are not members will have an additional 10% buyer's charge as well as a sales tax. Rapaport will not be buying or selling on the platform, but guarantee's each piece to be delivered and paid for. One can only wonder as to what the folks at Rapaport have coming next in order to strengthen their online presence.
According to a statement by Martin Rapaport, chairman of The Rapaport Group: “Pre-owned estate jewelry presents the greatest opportunity for US jewelers. Over 90 million Americans are reaching the age when they will want to resell their jewelry. The Rapaport Group is establishing trading platforms that will enable consumers, jewelers and dealers to trade fine quality second-hand jewelry at transparent competitive fair market prices.”
About the Rapaport Group:
The Rapaport Group provides a broad range of international added-value services that support the development of ethical, transparent, competitive and efficient diamond and jewelry markets. Established in 1978, the Rapaport Price List is the primary source of diamond price and market information. Group activities include Rapaport Information and Research Services, Rapaport Magazine, and the Diamonds.Net portal; RapNet, the world’s largest diamond trading network; RapLab diamond grading services; and Rapaport Trading and Auction Services, specializing in recycled diamonds and jewelry. The Group supports over 20,000 clients in 121 countries and has offices in New York, Las Vegas, Antwerp, Ramat Gan, Mumbai, Surat and Hong Kong. Additional information is available at www.Rapaport.Com.
Information originally sourced from APNews.