myGemma Launches New Luxury Consignment Service

Luxury Resale Brand myGemma Expands Customer Selling Options

NEW YORK, Feb. 6, 2025 /PRNewswire/ -- Luxury resale brand myGemma has long provided a direct selling service, allowing customers to sell their designer jewelry, watches, and bags online in as little as 24 hours. Having built the best online reputation in the resale industry (Trustpilot rating of 4.8), myGemma is now expanding its services to include consignment. This new option lists customers' items on 25+ marketplaces, including myGemma.com, handling all logistics and maximizing returns—giving customers the opportunity to earn up to 25% more.

myGemma is a pioneer in the luxury resale space, always looking to provide the most convenient and streamlined solutions for both their buyers and sellers.

Luxury consignment is an exciting alternative to direct selling:

• Price: Customers can get up to 25% more for their items.
• Breadth Of Distribution: myGemma lists on 25+ marketplaces, including myGemma.com.
• Speed: Listing takes just a few days. 80% of 2024 listings sold in 2024, in an average of 52 days.
• Presentation: This is handled in-house by the myGemma team. Benefit from professional photography, as well as any required repair, service, or polishing. Costs are communicated in advance and deducted from the final sale price.
• No Fraud Risk: myGemma takes all the risk out of the transaction.
• Industry Low Return Rates: With return rates on sales in the single digits, as low as 1/3rd of many luxury marketplaces, customers are unlikely to have to wait for returns and re-listings.
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• Fast Payment: Payment made 30 days after sale.
• Free Service: myGemma provides a fully insured overnight shipping label to send luxury items in for evaluation, authentication, and listing. This comes free of charge.

"We are firmly committed to raising the bar of luxury resale and excited to expand our luxury selling services. Our consignment offering, alongside our direct selling option, is designed to help our customers sell their designer goods in whichever way is most practical and beneficial to them," comments Andrew Brown, CEO of myGemma. "Our goal is always to make both buying and selling luxury items fast, easy and reliable."

Customers can sell a variety of items, including, but not limited to:

• Jewelry: Cartier, Van Cleef & Arpels, Tiffany & Co., Bvlgari, David Yurman
• Handbags: Chanel, Gucci, Louis Vuitton, Hermès, Dior, Bottega Veneta, Goyard
• Watches: Rolex, Patek Philippe, Hublot, Breitling, Omega, Audemars Piguet

"We specialize in purchasing a wide range of luxury brands in a variety of conditions," says Brown. "Our team of in-house luxury experts are on hand to accurately price, quickly authenticate, list and sell our customers' pre-owned designer items."

Start your designer consignment process online, by completing the online selling form to get a quote from their luxury experts.

Additional insights, imagery and quotes are available upon request by contacting Ella Morgan at PR@mygemma.com.

About myGemma

myGemma opens the door to a world of luxury: from hard-to-find watches to timeless quilted flap bags. Giving a new lease of life to pre-owned accessories, we are the sustainable destination for limited edition pieces and coveted classics at prices to love, with guaranteed authenticity.

Based in NYC on Manhattan's iconic Fifth Avenue, myGemma's team of experts reaches all corners of the world to bring you the best of luxury from both past and present.

Contact:
Ella Morgan
CMO
535 Fifth Avenue, 11th Floor
New York, New York 10017
Office: (347) 685-3842
PR@mygemma.com
myGemma.com

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SOURCE myGemma