How and where to sell your diamond profitably

Women love to look stylish and charming. They wear fashionable dresses, use costly make-ups and cosmetics; but without some gold or diamond jewellery they don’t get a complete get-up. Diamond ornaments like all other ornaments nowadays go in and out of fashion in quick time. It’s just a matter of couple months or so the designs take to get outdated. Who would want to look awkward and ungraceful by putting on some old-fashioned ornaments? So it’s better to sell or exchange them.

While selling or exchanging your old and unwanted diamond ornaments if you don’t take certain cares, you might end up bearing a substantial loss. So here are the perfect guidelines to sell diamond at a high price so as to make a good profit.

Valuation of your diamond
 

Valuable information upfront: every diamond piece has to go through a grading process. The process suggests the grade of the diamond. It’s done as per Colour, Cut, Clarity and Carat Wright – The 4 C’s.

• Here the total gradation is affected by Colour from yellow to white.

• The final shape of the diamond piece after the full cutting process determines the Cut of the diamond.

• Clarity is either FL (Flawless) or I3 (lower in quality). This tells that the diamond has lots of inclusions.

• The Carat Weight is calculated by putting the diamond on a scale. The accurate weight is measured then.

These are only some basic and widely used processes to evaluate the price of the diamond ornament.

Try to find the best buyer.
 

After knowing the price of your ornament the next step is to find the best buyer who will buy your diamond. Remember there is no scarcity of diamond dealers in the market. And almost all claim to pay you the maximum money for your diamond. But make a thorough research for it as not all of them are trustworthy sources.

While choosing the suitable buyer don’t forget to check his documents such as registration, certification and complaints if any. Feel free to talk with him/her and discuss the matter thoroughly as you are going to sell a priceless entity.

Stick to the appraised (standard) price
 

Always keep the appraiser’s note with you and follow it. Don’t sell the diamond at cheaper price. If the buyer fixes the rate less than the appraised rate, then don’t sell your diamond to that buyer. Go to another buyer and discuss about considering a better offer. But always stick to the standard price (the appraised price).

Pawnshops are the last options
 

Generally pawnshops offer you around 10-15% of the appraised price. They get your diamond and put it in the display rack and mention a price almost 70-80% more than they pay for it. So you can never get good profit by selling your diamond to pawnshops.

You can visit some popular websites and fix a good price for your old diamond.

How you can make good cash from selling your gold

Gold is the most precious among the mostly used ornaments in the world. There is a rapid and continuous hike in its price across the globe. Even your old gold ornaments can bring you high profit if sold wisely. And if you really want to add more benefits, you need to take care of your old gold and maintain it carefully.

Some old gold ornaments are to be sold as they go out of the fashion. And in some situations people have no options left other than selling their lovable gold ornaments when they need some urgent cash. But they forget some basic things as they are in a hurry to get the cash as soon as they can get. So, here are some effective cares you should take so as to make good cash out of selling your gold.

• Maintain the good condition. When a buyer wants to buy the old jewellery s/he will naturally look into every single aspect of the item – its shininess, colour, weight, its original hall-mark, date of purchasing, cash memo and so on. As your gold is old, out-of-fashion and/or broken to sell it in good rate you need to keep it well-maintained. Keep it in a good packing box. At times open the box and wash it to keep it shining all the time.

• Know its actual weight and price. If you are capable, then go to your nearest gold show room which has at least some brand name. There measure your gold and note its exact weight and cost. If you are residing in countries like Canada, there are some private companies who can pay you good cash for gold in Canada.

• Choose the best jeweller out there. There are a lot of flashy Ads on TVs and Internets but don’t trust them at once. Use your brain while choosing the best gold buyer. It’s generally good to go for registered dealers while doing costly transactions.

• An online search is also preferable. There are hundreds of genuine websites who will never misguide you. You can have a good idea about product marketing through these websites. By the online search and transaction you can actually save your time and secure your money from on-road robbery.

• Visit Gold parties. You may go for auctions or some middle-man brokers to sell your gold. But one of the best choices to make good cash for gold in Canada is visiting gold parties frequently. There you can find many types of buyers and sellers. Get some knowledge and display your product there. Gold parties bring you some instant cash.

After knowing the different prices of different jewellers you can choose the best suitable gold buyer. If you want, exchange your gold and take some trendy and stylish ones. This way you can get some discounted rates too.

How to Make High Cash back from Selling Gold

These days every jewellery item goes in and out with the rapid change in fashion. So to settle with this ever-changing issue you need to make up yourself. And when it comes to gold items you have to sell some of your old gold jewellery that are no longer making your day. Unfortunately most people do this type of transaction in a wrong way and end up bearing a huge loss.

The question arises, how efficiently we can sell our old gold jewellery to make a good profit. Here are some important tips to help you sell your jewellery and make good cash for your old gold.

1.First know the exact price of your gold.
 

• Knowing the actual price of your old gold is the first and foremost thing you should do. Note the accurate weight of your ornaments and do a pre-analysis of the market price. Better you go and check the current price in the renowned shops physically (be watchful while weighing your gold).

• If possible ask for any small hike in the price. And once the cost is finalized and if you’re happy with the selling cost of the old gold, proceed to sell it. Important to verify every detail of your buyer before fixing the final deal.

2.Branded showrooms are always a better option.
 

• Many gold companies are out there to pay you cash for gold. They advertise on TVs and other media to pay you the highest cash. But truth seems to be differing from their advertisements.

 

• Your only concern is a hassle-free and safe transaction. So it’s better to go to some good and reputed showrooms as they have a permanent physical location in the market. They know the fact that better dealing with the customers will add value to their reputation.

3.Go to other showrooms for a price comparison.
 

• Don’t rush to make the final deal. Take your time to compare the prices at other shops to get a good price.

4.General Idea about the weight of your gold.
 

• Generally the jewellers use Troy Ounce as the measurement standard. To measure a Troy Ounce some use pennyweight while some use grams units as the measurement system.

• Remember 1 pennyweight=1.555 grams. So some jewellers weigh the jewellery in pennyweight and pay you by grams. This is a general trick used by some ill-mannered dealers. Be watchful while weighing your products.

5.Check out some good exchange offers if any.
 

• Exchange offers are always there in the market. There are some shops who want to exchange your gold items with some other products. Be careful while choosing the exchange offer for your old jewellery.

For more enquiries please visit:www.dollarsforgoldcanada.com. It’s one of the very few websites on the web who provide detailed information on gold selling and buying along with offering the secure gold transactions at the best possible rate.