Stuck With an Unwanted Diamond Engagement Ring? Here’s How to Sell Diamonds for Cash

Selling gold online should be easy and hassle free.the most important character in a diamond, but it
You have chunks of jewelry, you send them inis the color and cut that make a diamond truly
for evaluation, knowing that the offer you will getunique.
depends on the following:Now that you know more about your diamond,
- The gold day’s value, known as the Londonyou probably wonder how to sell the diamonds
PM Gold Fixwithout getting scammed. The best thing to do,
- The Purity of your gold, measured with karatswould be selling your diamond inside the family or
Easy, right? But what happens if your goldto your friends. This works for all jewelry and
jewelry has diamonds attached to it? Well,promises you a safe transaction which relies not
that’s a different story. Selling diamonds isonly upon the value of your stone, but also on
more than just weighing. Every diamond is specialsentimental value and look value of the jewelry.
and every diamond has its own qualities. So howIf no one wants to buy it from you, find a reliable
can you tell the price?diamond buyer. A good dealer should be located
Grading diamonds has to be done on an individualwithin a diamond district and understand the
basis and properly evaluated by a certifiedcomplexities of supply and demand. When you try
gemologist who will establish fair market value.to sell your diamonds on the street, you’ll
Demand is also an important factor in determiningprobably come across jewelry stores that have
what your diamond is worth.limited cash flow but are eager to buy.
Here’s an easy way to understand diamondRemember that when dealing with such a
value. “The 4 Cs of Diamonds” is how webusiness you might not get the greatest return
like to call it in the industry. The 4 Cs are:on your stones. Never settle for less than 60%
- Cut - refers to your diamond’s general look.of your diamond’s worth!
Simply look at the finish, see if the diamondAt Global Gold and Silver we have a unique
catches the eye and if it flashes in the light.diamond buying and selling Approach:
- Clarity - describes the purity of the diamond- We are located in the Diamond District of
when F stands for flawless.Manhattan, on 47th Street, where the largest
- Color – a fine diamond shouldn’t havedealers in the world trade. This allows us to shop
any color to it. The range starts from colorlessyour diamond to the highest bidder, and ensure
and goes up to yellow.you the highest possible payout for your
- Carat – is the weight, subdivided by 100diamonds.
points.- We itemize your diamond with a free verbal
Every one of these factors can change the valueappraisal, what we are willing to pay you for it
of your stone. People tend to think that Clarity isand a cash offer.