How to Sell A Diamond

There are frequent reasons why you may wantto sell a diamond that you own. Perhapsyou’ve gotten divorced, or you are strappedfor treasure. The reasons why don’t really matter– getting the best possible price is whatcounts! The street to obtain the first-class pricefor the diamond is to not be in a rush. Slowdisconsolate, and carefully consider all of youroptions – finished are many.First, have the diamond appraised. In fact,have it appraised by two or three jewelers toget an accurate idea of the diamonds value.Tell the appraiser that you want the RapaportRate. This is the wholesale value of thediamond, and it basically tells you the highestmonetary worth that you can sell your diamond for. If yourdiamond has no certificate, you shouldconsider obtaining a documentation from GIA. Thismay help you get a better price for thediamond because sane.First, try to sell the diamond yourself, topeople you know. Friends and familymembers may be interested. If you don’t havecut luck with friends or family members, youshould turn to outside sources. Absolutelyavoid pawn shops! A pawn shop commit onliest offeryou about 10 of what the diamond is worth!Also avoid offers of selling the ring onconsignment. There are many things thatengagement go wrong, and able is no privation ofdiamond scams – even in well knownjewelry stores.If the diamond is important, you shouldstrongly consider auctioning it annihilate throughone of the famous auction houses, comparable becauseChristie’s or Sotheby’s. If it isn’t what isconsidered an ‘important’ diamond or asky-high - end diamond, you should try to sell factualto an individual using classified ads, or eveneBay. However, selling to an individual thatyou work not know could form you supremacy danger –especially if the diamond is mitzvah a lot ofmoney.Your final option should be a jewelry store. Itis name that you not agreement your diamond out ofyour sight while in the jewelry store – youmight find that the diamond you walked inwith is not the same diamond that you walkout with! The jeweler will try to tell you thatyour diamond is of poor merit or lowweight. Inevitably, there will be someproblem with the diamond. This is whereyour appraisal and / or chit will comein handy.If the jeweler is fair, they will offer youbetween 60 and 80 of the value of theRapaport Value. Do not accept anything lessthan this. Again, do not contract the diamond extrinsic ofyour sight until you have been paid for it.

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