1) Make it clean and sparkle
First impressions count so you should have it in tip top and clean shape, take a
few minutes an clean it before you start to shop around.
2) Learn the 4 C’s
The 4 C’s of diamonds that affect the price are cut, clarity, color and carat. Many
guides are out there and will show you what are the highest grades that impact
pricing a diamond.
3) Get it appraised
Diamonds love to be admired, the appraisal is very important and please bring it
with you when looking to sell, it can mean a higher quote, but remember the
appraisal value it not the value you get when selling a diamond.
4) Is it certified?
If you have a GIA or EGL certification that improves the value and means a
higher price, a faster quote and you can get one over the phone just by emailing
it or faxing it in.
5) Research
If you know the clarity, cut, carat and color and know that a GIA certified diamond
is worth more, next step is to research by asking around diamond forums, local
jewelers for more information on your diamond.
6) Pick a reputable diamond buyer
You should sell your diamond to someone who has a great reputation, excellent
reviews and someone you trust, so take a look online and compare local
diamond buyers in your area.
7) Be realistic
Being realistic when selling your diamond is important when selling. You aren’t
likely to get the appraised value, retailers have high overhead so they pay you
less, wholesalers like Sell-Diamonds.com will pay you more and take less
because of low overhead so its up to you to make that choice.
8) Get your questions answered
Make a list of questions you have before selling and get them answered
before selling, typical questions are “how will they pay you?” etc.
9) Negotiation
If you don’t like the price there’s a good chance you can negotiate but
if they are a reliable diamond buyer they will give you a generous
upfront price and will be little room for negotiating.
10) Don’t forget your ID
Diamond buyers by law are required to ask for identification, this
protects them and consumers from buying or selling stolen
merchandise; any reputable diamond buyer complies with these rules,
so if you don’t get asked for I.D. be cautious.
If you are in need of a quote please call us at 212-642-4345 or fill out
our appraisal form
We are open 6 days a week from Mon-Sat from 10am-6pm and are
located at 30 W. 47th St. #806 New York, NY 10036