Selling Mikimoto Pearls on eBay

[MaryK]

I have listed a 22" strand - Lariat style necklace and earrings on eBay.

This listing price for both is $3,700 new they would be $5,450.

If contact through this forum versus eBay the price would be $3,450.00

All paperwork and packaging from purchase would come with this purchase. They were bought in 5/09 and worn about six times.


I'm new to this forum and found it via Pricescope.

 

[Pearl Dreams]

Be sure to purchase Signature Confirmation (not merely Delivery Confirmation), and insure them fully, for your own protection! Good luck!

 

[pattye]

MaryK,

Your listing looks good. Hope you get the sale. Interesting clasp; I hadn't seen that kind before.

 

[Caitlin]

Hi MaryK
Welcome. We don't usually take ads in the first post. Better to post in "What kind of Pearls do I have?"(and how much are they worth) and state you will list them on eBay.

Did you check the completed listings for 22" Mikimoto? The highest priced one sold in the last 90 days was $1,200 in the section for 22"mikis.

However none had the box. It sounds like you have the paperwork. You need to make that clear in your ad, because it enhances the value to have a bill of sale or Miki Certificate (if they give them out). Even a photo of the certificate or bill of sale or whatever will take your necklace way out of the realm of the other mikis. However, the moment you walked out of the store, they lost about 75% of their value if you sell them to a reseller, if you could find one. You would probably get 30% of their original sale price at an auction house after fees.

The only way you get even near the price you want, is for a person to buy them from you on Ebay as a gift or for personal wear. The paperwork will make your authenticity stand out, so you may be able to get a couple of grand, even $2,500. The only thing that makes it more valuable is the brand name. Otherwise that strand would go for less. Here is a sold listing for the best price on eBay. $1,789.00- but if you read the listing the seller took a lower offer. This was listed under pearl necklaces "22", so I just found it. That makes the $2500 price likely to sell.

Go ahead and keep your starting price, but add photos of the paper work. The new appraisals have to be for resale price, not insurance price. Retail is about 25% of an insurance appraisal.

 

[Pearl Dreams]

There were already photos of the paperwork, but you can't see them unless you scroll down in the photos. (There are 9 photos.)

I suggest you specifically state what the paperwork says in the listing (A1, 6.5-7mm strand, 22 inch, 18K white gold clasp with diamonds etc., 7-7.5mm AA earrings, 18K gold etc.).

State that people need to scroll down to see the photos of the paperwork-- it is really easy to miss it.

 

[MaryK]

Thank you so much for all the feedback. As you know I'm new here..but post often in Pricescope. I found this site via pricescope where it was recommend.

I listed the price based on two things: One there was a strand listed for $3,800 on the site and I also included the earrings in my price. If you could recommend a price based on the set I would greatly appreciate it.

The paperwork is actually being updated by the jewelry store. I figured people would want newly dated apprasials and I do mention new apprasials will joing the auction. I just don't have them back yet as I had to order them.

Thank you again!!!

 

[Caitlin]

That is why you check completed listings. That is what they are selling for, not what people hope to get as on the red completed listings. Those did not sell, if they are red. The completed listing are full of unsold items and the reason is almost always that the price is too high.

But, start where you are and see what happens. I'll go back and scroll down. I did and there are no more photos. Do I have the wrong listing? http://www.ebay.com/itm/MIKIMOTO-Pearl-Necklace-Lariat-22-Strand-Matching-Pearl-Earrings-/150986811443?pt=US_Fine_Necklaces_Pendants&hash=item232783e833


I went to the enlarged photos and saw ir.

 

[MaryK]

Thank you.. this is very helpful. I did go and lower the price to $3,600 and I am open to offers and will likely list the next time with Best offer. Forgive me for being a newbie.. on the diamond side the general rule if you have quality and paperwork.. in that case a GIA it would be about 70% of retail. I guess in pearls this would not be the case. I would like to sell them.. sadly I just don't wear them and they are too beautiful to sit in my jewelry safe.

Again.. I so very much appreicate your feedback and the time you have taken to respond and the link provided.

 

[Pearl Dreams]

That is the right listing.
There are 2 photos of the paperwork (appraisals) there on that listing. The photo section has its own little scroll feature-- look for the little blue button to the right of the small photos, under the large photo.

 

[MaryK]

As recommended I went and looked up "completed" listings. Thank you.. I didn't know I could do this. Again, based on the information provided from the forum I lowered the price again for the set to $3,250.00. Again.. thank you for the suggestions and feedback.

 

[Caitlin]

The best of luck to you. It is a special one and I hope you get the best price possible.