Who Buys Diamonds
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That said, there are some basic tools and terms that anyone can use to make sure they understand any price quoted for their diamonds, and help you understand what your diamond is worth. Keep reading to learn about your diamond and what it is worth.
Here is a chart of shapes and prices for different, popular diamond shapes with similar characteristics, from BlueNile. It will help you understand the value and worth of round brilliant-cut diamonds, princess (square), emerald (step-cut rectangle), marquise diamonds, and other shapes.
One of the reasons many women choose not to sell their diamonds or diamond ring is that the price they are quoted from a jeweler or auction site is much lower than they believe their rings to be worth. Typically, the resale value of a diamond is about one-third of what you will pay retail.
Diamond resale value for tiny diamonds are much less, and they are often sold based on their collective weight for hundreds of dollars or less. Sellers often find that the gold or platinum setting of a diamond ring is worth as much or more than the actual diamonds.
These are a traditional selling option for high value items. Auction houses have a team of diamond experts who can accurately evaluate and price your jewelry. The downside is that it may take a significant amount of time for your diamonds to sell. You will need to wait for an auction to be held and the right buyer to be in attendance.
Thanks to the internet there are many websites that allow you to easily connect with private diamond buyers. With platforms such as Craigslist and eBay you can create an ad for your diamonds and set your own price. However, without industry knowledge of the second-hand diamond market, accurately pricing your diamond is difficult.
Expert diamond buyers, such as WP Diamonds, can provide you with a fast, honest and fair price for your diamonds. WP Diamonds has a team of GIA trained gemologists who are able to precisely evaluate and price your diamonds.
Once you have determined who buys diamonds for the best prices, you will likely be looking for a quote. Before you meet with a diamond buyer, it is important to understand the quality of your diamonds. Diamonds come in a wide array of shapes, colors and sizes with unique internal and external qualities. These traits will determine whether your diamonds are worth hundreds of dollars or hundreds of thousands of dollars.
When you are selling high-value items such as diamonds, you want to work with a diamond buyer you can trust. Established in 2012, WP Diamonds is a leading online buyer of diamonds. We work with hundreds of customers every day throughout the world.
We offer a quick, easy and safe way to sell diamonds for the best prices. Sell diamond jewelry online or via appointment in as little as 24 hours. There are no fees deducted, the price we offer is the price paid to you.
We offer appointments in New York City, Hong Kong and the UK. Our modern and professional NYC offices are located just outside of the hustle and bustle of the diamond district. Schedule an appointment to sell diamonds in NYC to one of the leading diamond buyers in New York.
While the timing may be right, selling your diamond can be a major headache. Unlike gold, which has a quantifiable melt value, resale prices for diamonds have no one objective measure, making it easy for inexperienced sellers to become confused and overwhelmed.
Selling your diamond jewelry is a good way to earn a little extra cash, but it can be a daunting process. If you want to get the best price for your diamonds, it is important to understand your options before selling. You can get the most out of the selling experience by getting your diamonds appraised, deciding on a good price, and choosing the right kind of buyer.
Worthy is a diamond seller that provides objective third-party grading and secure shipping for your items. They let you sell diamonds through an online auction that targets various interested buyers throughout the network.
Worthy is a great option for people who want to auction their diamond quickly. Though Worthy doesn't buy diamonds, they can help you sell diamonds by providing a place where you can offer them to interested parties. In this way, Worthy is good for the self-directed individual selling diamonds for maximum profits.
Diamonds USA is an excellent option for people struggling to figure out "who buys diamonds near me?" They will send you a free appraisal kit and a USPS SafePak that lets you ship your diamonds directly to them at no cost.
If you're not interested in hosting an online auction and want a quick transaction, Diamonds USA is an excellent option for you. They're great for selling diamonds to one vendor and can teach you how to sell diamonds with minimal complications or issues.
Their connections to these various markets make selling diamonds easier. You'll be paired with a diamond specialist that can teach you how to sell diamonds, find a place to sell your diamond, and negotiate to get you the most money possible for your asset.
Sotheby's is fabulous for people who want to work in multiple markets worldwide and provides top-notch international diamond selling options. Setting up with a sales specialist can help streamline this process and ensure that you find a buyer interested in your diamonds.
They also buy a broad range of items, including antique jewelry, branded items, loose diamonds, and even slightly damaged or chipped options. In addition, Circa has 19 locations globally to improve your chances of making a sale.
Circa works best for people who want a quick transaction or don't know how to sell diamonds on other channels. Their fast process will get you money quickly, and at fair prices, as they don't charge any commissions on deals they make with their customers.
Abe Mor is a family-owned business focusing on long-term deals with buyers, retailers, and sellers. They provide a platform for you to sell diamonds and include marketing options that let you focus directly on interested buyers.
Abe Mor offers some of the fairest deals on the market, focusing on giving sellers the compensation they deserve. They focus on long-term partnerships to help you sell diamonds for years down the road and provide a transparent pricing platform that minimizes confusion or "surprise" fees after making a great deal on your diamonds.
First, doing your research and knowing the current market value of diamonds is essential. This way, you will have a good idea of how much your diamonds are worth and will be able to find buyers willing to pay a fair price.
The overall color of a loose diamond also affects its value. The most valuable diamonds are those with the least amount of color, ranging from "D" or "E" on the color scale. Diamonds with more color are less expensive, with "Z" being the lowest on the scale.
Take these diamonds for example. Here is a beautiful diamond from James Allen for $5,500 and a fantastic alternative from Blue Nile for $5,581. Both of these diamonds are phenomenal choices that would have cost you about $6,500 in a local store.
Looking to sell jewelry, such as a diamond ring or engagement ring? Wondering where to sell jewelry or who buys jewelry near you? International Diamond Center might just be the best place to sell jewelry. Here are the four options we offer:
Bring your unwanted jewelry, diamonds, watches or gold to one of our locations and have one of our highly trained graduate gemologists or trusted numismatic experts examine your item(s). Our buyer will then make you a cash offer to purchase your item(s).
In addition to being your local diamond experts, we employ a team of highly trained graduate gemologists and trusted numismatic experts offering the maximum return for your unwanted jewelry, diamonds, watches and gold for nearly 40 years. We provide our customers with in-person professional consultations, top value for their treasured pieces and quick and secure transactions.
Whether or not to sell a diamond is a very personal decision. Sentimental value, fear of getting ripped off, or just not even really considering the option to sell can all be reasons why people hold on to their unwanted diamonds much longer than they probably should.
In other cases, diamond jewelry can represent something from one's past that they would rather put behind them. For example, an ugly divorce or toxic relationship. For many in this type of situation, selling diamonds after a divorce or a relationship ends badly can help you release your emotions surrounding the traumatic event.
Another reason why now might be the very best time to sell your diamond is due to external market conditions. The fact is, diamonds are more in demand, and therefore going for higher prices on the resale market, than ever before! There are several reasons why this is happening in 2022.
There have also been a number of COVID pandemic-related economic factors contributing to the current demand for diamonds. These include supply chain limitations stemming from India, inflationary pressures in the United States and around the world, and an increase of online commerce due to trends started during COVID-19. Read more about 2022 prices and why they are higher than ever.
While selling diamonds is lucrative, it's not as simple as selling other precious valuables like gold. While gold has a quantifiable melt value, the resale prices for diamonds do not have just one objective measure.
Worthy was created to allow people to sell diamonds online easily, fast, safely and for the highest possible prices on the market. Because people have trouble finding a vendor willing to pay top dollar for their diamond jewelry, we designed an innovative auction platform that allows an array of professional diamond buyers to bid on your valuables.
Meanwhile, people who sell diamonds with Worthy have a dedicated account manager who will help walk them throughout the entire process. This gives you maximum visibility and transparency into the entire process from shipping, receiving, pre-auction to the final sale and payment. 59ce067264