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Jeremy_5175   , 29

aus New York

Info Statistiken

Selling a Diamond Ring

Where can I sell my diamond ring to make money? Are you asking yourself this question right now? If you do then you must have done a lot of research about it. The fact that you are reading this article right now only shows that you are serious in selling your precious stone. Well, you can ask referrals from your friends. Speak with a jeweler or check out for selling tips online. However, there is one important thing you need to know. You need not sell your diamond unless there is a strong need to do so. Why? Because with diamonds, the longer you wait, the greater the resale value you will be getting. The amount you will get if you sell a diamond ring today will be much lesser than the cost of the same ring a few years from now.


The first thing you need to know is where to sell your diamond ring. Well, if you are in a hurry to get the money, you can sell it to a diamond dealer. This way, you don't need to take the effort of waiting for a direct buyer who will be interested on your ring. Just make sure it will be evaluated first by the GIA so you would know its exact price. If you want to get the exact price of what has been quoted, you sell your diamond ring to a direct buyer. Selling it to dealers would mean giving up the diamond ring for a lesser price since they will be selling this back to earn a profit.

Knowing the diamond's value is very important. But how will you do this? For fancy diamonds, consulting diamond evaluator who is an expert in fancy colored diamonds will be best. Example for this is DICE or someone who knows diamond nuances. For colorless diamonds, consult a person who has the access to the RapList. This is where the value of the diamond will be charted on the 4 C's. However, if you want to know the diamond's exact objective value, send it to a reliable diamond dealer who would in turn send it to GIA so it will be evaluated for its 4C's. Do this after you have the stone evaluated by a diamond expert. This way, you can compare the costs quoted by various diamond experts. This is the best way to ensure that you have a trustworthy information.

If you want to end up with the best price, secure for a GIA certificate. If you do, you can charge higher price for your ring compared to non GIA diamonds. There are even dealers who are in the business of selling GIA diamonds only. And they are the ones who have the best knowledge when it comes to the diamond's price.

However, if you really don't need the money, wait for 5 years more before selling your fancy colored diamond. However, waiting for 2 decades will give you more profit. For more details about selling diamonds check out speedydiamond.com. This serves as an example of a very informative site where you can turn to when it comes to diamond selling.