David Jewelers

16039 Conneaut Lake Road

STE 106

Meadville, PA 16335

Phone 814-724-5852

Or toll free

866-896-4104

Email:  sales@davidjewelers.net

The Consignor is entering into a 30-day contract with David Jewelers, herein referred to as the “Seller”, to sell their item(s) on eBay® (www.ebay.com), the online auction web site.  Item(s) are listed on the attachment titled “Items for Sale.”

Explanation of the Consignment Process:

·         The Consignor brings the item(s) to the Seller, who, upon both parties signing this contract, will take possession of the item(s) for the duration of the auction

·         The Seller will inspect the item(s)for quality and will touch up if necessary for a fee to be arranged

·         The Seller will take quality photographs and write an accurate description of item(s)

·         The Seller will research eBay® for similar item(s) to assure proper pricing

·         The Seller will start the auction(s) and handle all aspects of the sale including correspondence with bidders

·         The Seller will collect payment from the winning bidder (“Buyer”) at the end of the auction and will ship the item(s) in a timely manner, once funds have cleared

·         The Seller will follow-up the sale by contacting the Buyer to make sure they are satisfied with the transaction

·         Once the Seller and Buyer are satisfied with the transaction, payment will be made to the Consignor

·         The Seller will keep the Consigner aware of the auction progress either by telephone, or email and by supplying the Consigner the auction number(s) to track the item(s) themselves

·         The Seller will return unsold item(s) to the Consignor upon payment of outstanding fees within 14 days of the final listing

All aspects of the transaction will be conducted under the Seller’s eBay® User ID “DavidJewelers”.  Auctions are commonly run for a 7-day period, though 3, 5, and 10-day auctions are available. 

Once item(s) are listed, the auction(s) will run their full course and must be sold to the highest bidder, regardless of price, unless it is a reserve price auction and the reserve is not met. If such an instance arises that the Consignor demands the item(s) to be pulled, the Consignor will pay a cancellation fee of $100.00. Item(s) will not be surrendered to Consignor until this fee is paid in cash.

The Consignor also agrees not to bid on auctions that the Seller has listed for them on eBay®.  If such an instance occurs the Consignor agrees to pay a $100.00 fine and accepts the possibility of not being able to use the auction services of the Seller in the future.  If the Consignor is the winning bidder, item(s) will not be surrendered to the Consignor until this fee is paid in cash.

The Seller will do everything possible to secure the safety of the Consignor’s item(s), however, the Seller is not responsible for any damage of the item, including fire, theft, flood, accidental damage or breakage, and acts of God. The Consignor releases the Seller of any such responsibility for any unforeseen or accidental damage.

Pricing and Fees:

The seller will determine if the item will sell on eBay for $30.00 or more. If so and the item is left with the seller, the Consignor agrees to pay the Seller’s commission, which is a percentage of the auction’s winning bid.  This commission will include all eBay® charges for listing items on their site and all payment acceptance fees. The minimum commissions will be $25.00 that will be ducted from the proceeds of the sale.  Any services, auction enhancements or upgrades requested by the Consignor will carry 1.5 times the fee charge by eBay® and will be deducted from their payment.  Payment(s) to the Consignor for the said item(s) will be made within 30 days of receipt of funds from the buyer.  A printed copy of the completed auction may serve as proof of the sale of the item along with an invoice detailing fees subtracted. All payments will be made by check. 

Seller’s Commission

The Seller’s commission for this service is a percentage based on the auction’s winning bid.  If the auction does not sell, the Consignor is only responsible to pay the seller a $25.00 fee and any applicable insertion, upgrade and reserve price auction fees prior to returning the item to the Consignor.  A list of these fees will be provided upon request.

Payment processing fees

$1.50 plus 3.0% of the total transaction value (sales price, shipping & handling and sales tax)

Acceptance of any item consigned will be at the Seller’s sole discretion   The Seller cannot guarantee that the Consignor’s item(s) will sell.  If an item does not sell, the Seller will re-list it one additional time.  After a second unsuccessful listing, the items will be returned to the Consignor one the $25.00 is paid plus services, auction enhancements or upgrades requested by the Consignor. Items not picked up within 14 days from the end of the final listing will be sacrificed by the Consignor and will become the property of the Seller.

Acceptance of any item consigned will be at the Seller’s sole discretion   The Seller cannot guarantee that the Consignor’s item(s) will sell.  If an item does not sell, the Seller will re-list it one additional time.  After a second unsuccessful listing, the items will be returned to the Consignor one the $25.00 is paid plus services, auction enhancements or upgrades requested by the Consignor. Items not picked up within 14 days from the end of the final listing will be sacrificed by the Consignor and will become the property of the Seller.

Any revisions or alterations to this contract, or any other agreements, are to be documented here and are agreed upon by both parties upon signing:  ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

The Consignor of said item(s) consents to the sale of said item(s) based on the terms described in this agreement. The Consignor also attests that said item(s) are fully owned by The Consignor and are not stolen, borrowed, misrepresented, bogus, etc.

The Consignor has read and understands all statements included in this agreement and authorizes the Seller to represent the Consignor’s best interests in all correspondence with prospective Buyers for all item(s).

Consignor’s signature: ________________________________  Date:  ______________

Seller’s signature: _______________________________________  Date:  ________________
 

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