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August Jewelry and Watch Sales Increased

Posted on October 6th, 2014 by Goldman Buyer

Jewelry and watch sales from all retail channels increased nearly 5 percent in August as compared to the same month in 2013. While the consumer price index (CPI) for watches increased 4.5 percent, the CPI for jewelry fell 4.7 percent.

Excluding watches, jewelry sales increased 5 percent year to year in July, and 4.8% to $4.94 billion year to year in August. This has contributed to the 2.8% increase (to $40.198 billion) in sales for the first eight months of the year.

Watch sales in August increased 5.8% (to $673.6 million) from last year, boosting the total to $5.476 billion so far this year, a 3.7% increase. Overall, sales of jewelry and watches improved 2.9 percent between January and August, with a total of $45.68 billion.

 

Courtesy of Rapaport

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"I drove all the way from the south side just to sell my silver to Chicago Gold Gallery because of the knowledge and professionalism I received on the phone. They gave me top dollar for my silver and were so fast and friendly. I definitely recommend this business!"


Date: 10/27/2017 • 5 / 5 stars ★★★★★

Can't say enough about this place.

This is the most welcoming, non-pretentious place to do business! I was researching where to sell sterling silver I had and ended up choosing here based on the other great reviews. They walked me through the whole process and answered my questions. I got a great price for my items & will go there again.


Date: 09/17/2018 • 5 / 5 stars ★★★★★

Love this place!

Chrissy & Joe are all super friendly and easy to work with. I trust them and they will do whatever they can to help you including giving you advice on what you have or what you should look for. I won't ever go anywhere else and I've recommended it to several friends.


Date: 08/02/2015 • 5 / 5 stars ★★★★★

I would do business with them again

I had a diamond ring that I wanted to sell and they gave me top dollar for it. They were so nice and I would do business with them again.


Date: 07/17/2015 • 5 / 5 stars ★★★★★

Don't Hesitate to call...

I find that Joe at Chicago Gold Gallery consistently offers and pays more for my coins than coin dealers in Chicagoland. He's very nice and easy to deal with. Don't hesitate to call him and preferably visit him.


Date: 12/04/2015 • 5 / 5 stars ★★★★★

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