RapNet


Rapaport News

 

Retail

 

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail

eBay to Authenticate Luxury Jewelry

Site already certifies high-end handbags and watches.
Dec 5, 2018 9:02 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT...
E-commerce giant eBay will expand its luxury-goods authentication service to more than 45,000 jewelry products on its platform, it said.

Third-party authentication experts will verify the items, which it sources from some of the site’s highest-rated vendors, the retail company said Monday. The service, eBay Authenticate, will cover items including engagement rings, wedding bands, and loose diamonds and gemstones ranging in price from $250 to more than $20,000.

The platform first launched its verification service in 2017 for luxury handbags, and extended it to high-fashion watches earlier this year. The move to jewelry is a natural progression for the company, which sells about 50,000 jewelry items every day, and approximately one diamond ring every minute, it said.

“eBay is home to the largest selection of luxury goods, which includes tens of thousands of jewelry items, fine watches, and rare and designer handbags,” said James Hendy, senior director of eBay Authenticate. “Expanding the eBay Authenticate service provides customers an added layer of trust and confidence as they shop for fine jewelry this holiday and beyond.”

All jewelry sold under the new certification program will be labeled “authentically verified,” eBay added.

Image: Diamond jewelry. (Shutterstock)
Tags: ebay, eBay Authenticate, Rapaport News
Similar Articles
JBT jewelry display 150Jewelry Business Closure Rate Drops
Jul 21, 2019
The US jewelry trade continued to contract in the secondquarter, but the...
Hong Kong Slowdown Hits Swiss Watches
China Lifts Richemont Jewelry Revenue
Chow Tai Fook China Sales Rise
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us