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Your Jewelry Trade Specialists

As a 47-year veteran in jewelry retailing, wholesaling, and consulting, Michael Lebowitz launched MHL Trading LLC in June 2017. Based in New York City, we offer a wide range of services such as the following:

  • Buying, Selling, and Appraisals of Closeout and Overstock Merchandise
  • Inventory Appraisals for Asset-Based Lenders
  • Consignment Programs for Retailers
  • Management of Going-Out-Of-Business and Promotional Sales
  • Consulting for Retailers, Wholesalers, and Manufacturers Seeking to Drive Business

Products Focused On:

  • Diamonds
  • Fine Jewelry With Diamonds and Gemstones
  • Antique and Estate Jewelry
  • Better Watches

Closeout and Overstock

In the closeout and overstock arena, we seek to distinguish ourselves from other traders by offering three levels of return-on-investment. These are based on the cash flow and time constraint requirements of our clients. For example, options for a manufacturer with aged inventory might include any of the following:

  • An offer to purchase the older merchandise at 30% to 40% of the cost
  • A short-term memo (90 days) designed to recover 50% to 65% of the cost
  • A six-month memo under which we would place the goods into our consignment programs with retailers, potentially recovering up to 110% of the cost


On the appraisal front, we offer asset-based lenders a comprehensive analysis of potential recoveries on inventories in the event the borrower defaults. Conditions that a borrower fails to pay may include forced liquidation, gross orderly liquidation, and net orderly liquidation values. We can also provide an in-depth analysis of the strengths and weaknesses of the appraised business.

Consignment Program

Under our consignment program for small- to mid-sized chains, we meet with the clients’ merchandising teams to determine their product needs. These include styles, colors, metals, and price points. The specific chains then promote the merchandise in an ongoing manner, while vendors receive sell-through reports and payments monthly.

Going-Out-Of-Business and Promotional Sales

Our services on going-out-of-business and promotional sales include:

  • General Direction
  • Merchandising
  • Marketing or Advertising
  • Provision of Supplemental Merchandise (Where Allowable by Law)
  • Day-To-Day Supervision

Mission Statement

Coming Soon

Learn More About Us