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How Not To Get Ripped-Off When You Sell Diamond Gem Jewellery
Brought to you by affordable emerald cut diamond rings. There are many reasons why you may want to sell a Gem that you own. Perhaps you’ve gotten divorced, or you are strapped for cash. The reasons why don’t really matter – getting the best possible price is what counts! The way to obtain the best price for the Gem is to not be in a rush. Slow down, and carefully consider all of your options – there are many.
First, have the Diamond Gem appraised. In fact, have it appraised by two or three jewelers to get an accurate idea of the Diamonds~Diamond Gems~Gems} value. Tell the appraiser that you want the Rapaport Value. This is the wholesale value of the Gem, and it basically tells you the highest price that you can sell your Diamond for. If your Gem has no certificate, you should consider getting a certificate from GIA. This may help you get a better price for the Diamond Gem as well.
First, try to sell the Gem yourself, to people you know. Friends and family members may be interested. If you don’t have any luck with friends or family members, you should turn to outside sources. Absolutely avoid pawn shops! A pawn shop will only offer you about 10% of what the Gem is worth! Also avoid offers of selling the ring on consignment. There are many things that can go wrong, and there is no shortage of Gem scams – even in well known jewelry stores.
If the Diamond is important, you should strongly consider auctioning it off through one of the famous auction houses, such as Christie’s or Sotheby’s. If it isn’t what is considered an ‘important’ Gem or a high-end Diamond Gem, you should try to sell it to an individual using classified ads, or even eBay. However, selling to an individual that you do not know could put you in danger – especially if the Diamond is worth a lot of money.
Your final option should be a jewelry store. It is vital that you not let your Gem out of your sight while in the jewelry store – you might find that the Diamond you walked in with is not the same Diamond Gem that you walk out with! The jeweler will try to tell you that your Diamond is of poor quality or low weight. Inevitably, there will be some problem with the Diamond Gem. This is where your appraisal and/or certificate will come in handy.
If the jeweler is fair, they will offer you between 60% and 80% of the value of the Rapaport Value. Do not accept anything less than this. Again, do not let the Diamond Gem out of your sight until you have been paid for it.
For more on dimaonds please see vintage princess cut diamond engagement ring and round brilliant diamond solitaire engagement rings.
Cartier SIHH 2011 – Cheval, High Jewellery watch
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