Delialatham

The’re a lot of grounds why you might want to trade a diamond that’s you own. Perhaps you’re going through a divorce, or perhaps are strapped for cash but the purpose doesn’t really matter, it’s getting the greatest price you can is what counts! The method to get the best price for your diamond is to not be rushed so slow down, and systematically consider all of your options – the’re several.

First, have your diamond assessed - actually, have it appraised by at least two or even three jewelers to get a good estimation of the diamonds price. Inform the valuator you need the Rapaport Value, that is to say the wholesale value of your diamond, which fundamentally lets you know the greatest price that you can sell the diamond for. If your stone lacks certificate, you should think about getting a certificate through GIA since that may help you to obtain a better price for the diamond as well.

First of, attempt to sell the stone yourself, to people that you know, since friends and relations may be interested. If you don’t have any luck with your friends or family members, you should consult with other sources however absolutely avoid pawn brokers! Pawn brokers would only offer you around ten percent of what your diamond is actually valued at! Also avoid offers involving selling your piece on commitment. There are several things that might end badly, and there are a ton of diamond scams –even in widely known and respected jewelry stores.

If the stone is important, then you might earnestly consider auctioning it off through one of the famous auction houses, such as Christie’s or Sotheby’s. If it’s not what’s thought of as an ‘important’ stone or a high-end example, then you may want to attempt to sell it to an individual using classified ads, or perhaps eBay. But, selling to an individual whom you don’t know could place you in danger – especially if the stone is valued highly.

The last option should be a jewelry store. It is important that you don’t let the diamond leave your sight when you are inside the jewelry outlet – as you could find that the diamond you walked in with is not the gem that you leave with! The dealer could attempt to inform you that the stone is of bad quality or lightweight and inevitably, there will be some problem with the stone. This is when your appraisal and/or certificate may come in handy and if the jeweler is fair, they will offer you somewhere between 60 and 80 percent of the total value of the Rapaport Value. Don’t take a price lower than that and of course, don’t allow your stone to leave your vision till you’ve received payment for it.