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How to Find a Buyer for Your Diamonds

How to Find a Buyer for Your Diamonds

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How to Find a Buyer for Your Diamonds

If you don't know how to go about selling your diamond jewelry, know that there are ways to do so safely and at a fair price. You shouldn't rush into this, especially if you have invested a lot of money into the piece you wish to sell. So, how can you decide who to work with and what to look for in them?

Diamond Companies

There are many diamond buyers that operate out of a business structure. Generally you will be able to either trade diamond jewelry for something of similar value, or get cash. While some companies may have a rigid structure that they stick to with their pricing, it is usually possible to negotiate.

Private Diamond Buyers

Selling your diamond is as easy as placing an ad online or using a website that allows you to list the item, and then you can wait for results. Unlike a company that purchases precious stones or metals, private parties will not be the first to offer a price. You need to be aware of the worth of what you have, and thorough research is the only way to arrive at that figure.

Determining What A Diamond Is Worth

There are many factors that go into determining a diamond's worth.

  • Cut: A diamond can take many shapes and be cut in various ways. A couple of common cut types are cushion cut or princess cut.
  • Color: From colorless to fancy yellow, the color can make a diamond worth more.
  • Clarity: The clarity of your diamond is going to range between imperfect and internally flawless.
  • Proportions: From poor to excellent, the better the proportions are the more the diamond is worth.
  • Weight: The heavier your diamond is, the more money you can get out of it.

Because prices fluctuate, you will want to seek out an appraisal. A grade from an appraiser is important to include with your diamond and can allow for you to determine worth at a later time even if the market changes.

It Is In Your Hands Now!

Be patient, and work carefully selling your diamond and you're sure to get good results.The more research you do, the more it will translate into a higher pay rate for your jewelry.

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