Tips to Help You Sell Diamond

your diamond ring at a reasonable price. AppraisalBy having a certification, it makes it easier for
is the first step to know your jewelry’speople to buy diamonds. They now have written
value. Find a genuine appraising store for yourand legal proof that their jewelry - a diamond
appraisal. Search stores on the net that aresolitaire ring, diamond wedding rings, or diamond
member of American Appraising Society. If youengagement rings - is certified with its natural
want to find a buyer, try an online auction. Getcharacteristics.
some more tips on how to sell your diamondsAfter the appraisal, ask for a Rapaport value. It is
from this article.a wholesale price listing published in New York. This
Are you planning to sell diamond? There are manylisting informs jewelry stores of prices that they
jewelry stores in America that are ready to yourshould pay for diamonds. The price that the
buy diamonds. However, the prices offered areappraiser gives you will be the highest price you
lower than the original price. There are manycan get to sell a diamond. For instance, if your
elements that affect diamond price.diamond is a 1-carat, round, VS1-G Class 2 cut
The first thing to do when selling your diamondhaving no fluorescent, its rapaport value is $7,300.
jewelry is to have it appraised. The jewelry storeTo look for a buyer, start with your family,
has its own appraiser. These diamonds will not berelatives and friends. Perhaps someone in your
appraised to the original retail value.family or circle of friends may was planning to
By having an appraisal, you will know what yourbuy diamonds for an occasion. Most often than
diamonds are worth. Shapes, color, and claritynot, people get the best deals from someone
come into play. Round and brilliant cuts are easierclose to them.
to sell compared to marquise or heart shapedOther potential buyers are jewelry stores.
cuts, because not many people want to buyHowever, they can be tricky sometimes. A few
fancy shaped diamonds. But, round diamondsof them have the tendency to switch the
have a higher appraisal value.diamond or jewelry. So be alert and never let
Diamonds that are yellow and off-white haveyour precious stone out of your sight.
lower value than clear diamonds. The clearer theIf you want to sell diamond to a jewelry store, it
diamond, the higher value it has. Remember, whenwill help if you show him your certification and
you sell diamond, it is helpful to use the servicesrapaport value. This will prevent the appraiser
of an independent appraisal company.from giving you an amount below the dump value.
Since there are thousands of appraisal institutions,The dump value is the term given when only 60
choose the one that is a member of legitimateto 80% of the total rapaport value is offered. If
affiliation, like the American Society of Appraisers,he gives between 60-80%, he is being fair with
International Society of Appraisers, or theyou. If his offer is only 60% or less he is a low
Appraisers Association of America. Afterballing you.
appraisal, they will certify its authenticity.