| If you base what you do on inaccurate | | | | diamond scams - even in well known jewelry |
| information, you might be unpleasantly surprised | | | | stores. |
| by the consequences. Make sure you get the | | | | If the diamond is important, you should strongly |
| whole diamonds story from informed sources. | | | | consider auctioning it off through one of the |
| There are many reasons why you may want to | | | | famous auction houses, such as Christie's or |
| sell a diamond that you own. Perhaps you've | | | | Sotheby's. If it isn't what is considered an |
| gotten divorced, or you are strapped for cash. | | | | 'important' diamond or a high-end diamond, you |
| The reasons why don't really matter - getting the | | | | should try to sell it to an individual using classified |
| best possible price is what counts! The way to | | | | ads, or even eBay. However, selling to an |
| obtain the best price for the diamond is to not be | | | | individual that you do not know could put you in |
| in a rush. Slow down, and carefully consider all of | | | | danger - especially if the diamond is worth a lot of |
| your options - there are many. | | | | money. |
| First, have the diamond appraised. In fact, have it | | | | Your final option should be a jewelry store. It is |
| appraised by two or three jewelers to get an | | | | vital that you not let your diamond out of your |
| accurate idea of the diamonds value. Tell the | | | | sight while in the jewelry store - you might find |
| appraiser that you want the Rapaport Value. This | | | | that the diamond you walked in with is not the |
| is the wholesale value of the diamond, and it | | | | same diamond that you walk out with! The |
| basically tells you the highest price that you can | | | | jeweler will try to tell you that your diamond is of |
| sell your diamond for. If your diamond has no | | | | poor quality or low weight. Inevitably, there will be |
| certificate, you should consider getting a | | | | some problem with the diamond. This is where |
| certificate from GIA. This may help you get a | | | | your appraisal and/or certificate will come in |
| better price for the diamond as well. | | | | handy. |
| First, try to sell the diamond yourself, to people | | | | If the jeweler is fair, they will offer you between |
| you know. Friends and family members may be | | | | 60% and 80% of the value of the Rapaport |
| interested. If you don't have any luck with friends | | | | Value. Do not accept anything less than this. |
| or family members, you should turn to outside | | | | Again, do not let the diamond out of your sight |
| sources. Absolutely avoid pawn shops! A pawn | | | | until you have been paid for it. |
| shop will only offer you about 10% of what the | | | | There's a lot to understand about diamonds. We |
| diamond is worth! Also avoid offers of selling the | | | | were able to provide you with some of the facts |
| ring on consignment. There are many things that | | | | above, but there is still plenty more to write |
| can go wrong, and there is no shortage of | | | | about in subsequent articles. |