Buyout and takeover
Software for buying back used jewelry
Jewely Retail oversees the purchase of second-hand jewelry from individuals: verified supporting documents, tax calculated according to the nature of the jewelry, purchase slip and Cerfa form archived, police register up to date, then put back into stock for resale.
Buying back jewelry, without paperwork or oversights
Documents verified
Seller's identity document and, if it exists, original invoice for the jewelry, kept with the file.
Jewelry described
The type of jewelry, materials, condition and the proposed buyback price are entered in a dedicated module.
Tax calculated
For crafted jewelry, a flat tax of 6.5% applies above €5,000. For raw gold or coins, the precious metals regime applies, at 11.5%.
Slip and Cerfa
The purchase slip and the Cerfa form are generated and archived in the ERP.
police book
Each purchase is recorded in the police register, without further seizure.
Restocked
The jewelry enters stock as a second-hand product, with its tag, and its resale is subject to VAT on the margin.
Buyout, takeover or consignment sale?
Buyback or takeover
- Buyback: you buy the jewelry and pay the customer
- Trade-in during a sale: the value of the jewelry becomes a credit, deducted from the new purchase.
- The trade-in can also serve as a means of payment for collection.
Consignment shop
- The jewelry remains the property of the customer until the sale
- A consignment sale contract is generated
- A consignment sale can then be converted into a buyback
Before making a purchase, check your obligations: Buying back gold and precious objects: your obligations, step by step.
Going further
Frequently Asked Questions
What tax applies to the buyback of a gold jewel?
A piece of worked gold jewelry (ring, bracelet, necklace) falls under the jewelry tax regime: 6.% plus 0.5 % for CRDS, totaling 6.5 %, only above €5,000. Raw gold, ingots, and coins fall under the precious metals tax regime: 11.5 % from the first euro.
What is the difference between a buyout and a takeover?
In a buyback, you purchase the jewelry and pay the customer. In a trade-in, the value of the jewelry is converted into store credit and deducted from a new purchase in your shop.
Should a purchased piece of jewelry be registered in the police log?
Yes. The purchase of a second-hand piece of jewelry from a private individual is recorded in the police register, along with the seller's identity and a description of the item. Jewely Retail does this automatically.
Can a piece of jewelry that has been bought back be resold immediately?
It is entered into stock as a used product with its label as soon as the buyback is validated. Its resale is subject to VAT on the margin.
See the demo buyback module
An HBJO expert shows you a complete buyback in Jewely Retail: identity, tax calculation, slip, police book and restocking.
Request a demo