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How To Profit From Buying a Diamond

How To Profit From Buying a Diamond

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How To Profit From Buying a Diamond

As the economy becomes more unpredictable, one thing that continues to hold value is jewelry. If you need to make extra cash in Arizona, you can sell your diamonds, platinum, gold or jewelry to Ralph Mueller & Associates, which has been in business for over 30 years. It's the easiest way to get top dollar for your jewelry. It's also a reliable place for buying a diamond or other merchandise with long lasting value.

Getting the Most Value

Jewelry can increase in value if it stays in excellent condition and demand keeps rising. While not all jewelry grows in value over time, well cut custom diamonds are examples of jewelry that can grow about 1.5% in value each year, depending on size, quality and demand. Gemstones are often a safe long-term investment. 

How To Sell Your Diamonds 

Whether you've got a diamond ring, necklace, bracelet, or other type of jewelry, it will need to be appraised before you sell it. Ralph Mueller & Associates, which is a member of the Gemological Institute of America (GIA), hires professional Gemologists who use state-of-the-art equipment to make accurate appraisals at no charge. We buy stones that range from 1/2 carat to the largest imaginable, as no diamond is too large. We base offers on these factors:

  1. carat 
  2. clarity
  3. color
  4. cut
  5. shape
  6. fluorescence

We pay up to 400% more than what a pawn shop pays because we care about long-term relationships, while pawn shops are in the business of fast cash. Simply make an appointment with our Scottsdale office to begin the evaluation process. It's possible to get thousands of dollars for your diamonds.

Buying a Diamond

If you would rather buy a diamond, we offer a wide selection of used jewelry from affordable gemstones to high value items. If you are new to exploring jewelry, start by learning about the factors that determine diamond value mentioned above, such as carat, which measures the weight of the diamond.

Investing in Jewelry

While many people buy jewelry for its attraction and value as a touching gift for a loved one, some see it as an investment for future profits. According to the International Gem Society, gemstones usually increase in value at the rate of inflation.

Keep in mind, there is still a risk if the economy moves in reverse, but generally it's a solid investment. You need to also remember that not all vendors will offer you the best value, especially if they regularly buy at wholesale.

Before investing, do plenty of research by studying the history of prices for the item  you want to make an investment. Get opinions from financial experts, sot you know what to expect when you consider buying a diamond or other jewelry.

According to diamond industry analysts, diamond prices do not experience the volatility in prices that is typical of gold or silver. You can get an idea of historical diamond prices by studying the IDEX Online Polished Price Index. But this index only tells part of the story, especially if you are investing in actual diamond jewelry, in which pricing must be appraised based on the factors listed above.

Whether you are selling or buying a diamond or other jewelry, Ralph Mueller & Associates is ready to help. Since 1983 we have bought and sold millions of dollars worth of jewelry. Contact us between 9am and 5pm weekdays at (480) 949-9299 or visit our store in Scottsdale, Arizona. We are happy to answer your questions about diamonds, gold, platinum and various used jewelry. 

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