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How to Sell a Diamond for Top Dollar

How to Sell a Diamond for Top Dollar

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How to Sell a Diamond for Top Dollar

If you have a diamond that you’d like to sell, you might be wondering how to go about the process. The gem represents a significant investment, and it’s not unusual to be worried about how to sell a diamond to get the best price. Fortunately, there are resources out there if you want to sell diamond jewelry.

Pick a Buyer

The first step in selling diamonds is choosing a place to sell them to. You should be wary of online buyers and shady companies—they might give you much less than the diamond is worth or switch it with a lesser stone during the appraisal process. Find a reputable business that has been established for many years, and ensure that they are registered with the Better Business Bureau. It’s even better if they are members of other professional associations and industry groups, such as the Jewelers Board of Trade or the Gemological Institute of America. Read reviews of the buyer and check out their website to be sure they are reputable.

Learn About the Diamond

The next step is to gather as much information as possible about the diamond. If the diamond has been certified, then find the certificate. It will usually list qualities such as the diamond’s size, cut, color, and clarity. If you do not have a certificate, you may want to have the diamond appraised to discover what kind of price you can expect for it. Sometimes the diamond buyer will be able to appraise it for you, but it never hurts to get a second opinion. Having an appraisal done will help you to be sure that you’re getting a good price for the gem.

Sell the Gem

After the buyer has been given the information about the gem, they will make an offer. If you agree to it, then the next step is actually selling the item. You can either meet in person, or mail the diamond. There are a number of different mail carriers and insurance plans that can ensure the diamond will arrive safely. The buyer will then send you a check or wire transfer. Learning how to sell a diamond is a great way to earn some money—and it’s relatively easy. Call (480) 949-9299 today to receive a professional appraisal of your diamond jewelry from the GIA gemologists at Ralph Mueller & Associates, an established jeweler that has been buying diamonds in Arizona for nearly three decades.

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