Selling Diamonds - How To Get The Best Value For Your Precious Stone

Diamonds are universally considered a token of wealth and romance. The love and demand for diamonds is escalating among the middle class, especially in countries like India and China. Diamond prices are soaring. Many people are willing to sell off their diamonds, be it loose diamonds, earrings, engagement rings or inherited heirlooms. The reasons could be many- it is a quick way of coming out of a cash-strapped situation or people may want to sell jewelry that was once loved, but is now stashed away in drawers and lockers. One may find several jewelry stores and websites that buy diamonds along with gold and other precious metals. But unlike gold, diamonds do not have a quantifiable melt value and therefore the resale prices cannot be measured objectively. This makes the process to sell diamond even more confusing and overwhelming.

Quick Tips For Selling Diamonds
 

Points to be considered before you sell that precious stone:

• Get an accurate, unbiased opinion from a qualified appraiser or professional diamond buyer about the authenticity and quality of the diamond.

• Get a few opinions, visit a couple shops and get online quotes before making a decision.

• Keep a realistic potential value in mind.

• Compare resale prices of diamonds with similar quality on online sites.

• Before dealing with a jeweler or company, check their ratings and reviews with the Better Business Bureau.

Finding The Right Buyer Is Crucial
 

There are two selling options. You can either sell diamond to the jewelers- at a retail or online store, or to the public. Online classifieds are also a good platform for finding potential buyers. It is important to deal with someone you trust. You can list your diamonds or jewelry at online auction sites, with description and pictures. Some websites ask buyers and sellers to send the diamonds and money to the site and hold the money till the diamonds are authenticated and appraised by an independent gemologist. Money is released only after certification and the website charges commission on every deal.

Sell Diamonds Online
 

Several online sites offer good prices for diamonds. The process is simple – The seller needs to fill up an online valuation form with detailed characteristics of the diamond. Factors that determine a diamond’s value are the carat weight, color, shape, clarity and cut. On the basis of this information the website sends an initial valuation quote through email or phone and sends you a pre-paid shipping package. If you like the offered price, the next step is to send in your diamonds or jewelry to the online company for the final, expert appraisal. After valuation, they offer a price which may be accepted or denied by the seller. If accepted, money is directly transferred to the seller’s bank account. To get a fair price for your precious stones, remember to do your homework- ask for quotes, and compare deals to make a prudent decision.

Getting To The Reliable Vendor - Cash For Gold

There are many reasons due to which gold has been said to be more reliable and safe investment. You never really know when it might prove to be of help to you. For the same reason you also have many avenues that allow you to sell your gold for cash in times of need. This is the power of gold that the owner can make use of at any point of time. It can be anything right from gold jewelry to watches, bars and biscuits or even coins. You only have to get hold of a reliable place to get cash for gold so that you are not duped of your money.

In relation to gold it is of prime importance that people get to the renowned dealers who are reliable and can offer you the best of services in the field. Customer service really matters in this field as the customer needs to be explained in detail about the value of the gold or any other precious metal or stones you are planning to sell. Most often you must check it with a couple of sources before finalizing on one dealer. This is because you should also make sure that you are getting the right value for your gold.

Get Rid Of The Unwanted Gold Jewelry
 

Quite often you will have gold jewelry items and pieces that you know you are never going to wear. May be they are just plain obsolete or you just don’t like them. You can now just sell them off to get the cash that can be further invested in getting the most stylish and fashionable jewelry. You might feel that the jewelry in your closet is expensive and you don’t want to lose out on it when you plan to get cash for it. This is the reason you should get hold of a reliable dealer you can check the worth of your gold in the most scientific manner so that you get the worth of the real value for the gold that you are planning to sell.

What To Look Out For In Your Gold Dealer?
 

You need to be aware and alert about the following things before you actually sell your gold. Following are best possible ways to do that:

• Always research about the dealer to whom you are planning to sell gold.

• You can also look for the online options and suggestion before selling gold.

• It is important to deal with the accredited dealer who can offer all the proper paperwork or the same.

• Finally, always make sure that they fully mechanized and scientific mode to check the work of gold and are able to explain calculation that determines the amount of cash that you are entitled to.

These are the few things that need to be understood before one plans to get cash for gold. It is important to stay away frauds as their money to be found in this industry.