Diamond Prices Expected to Rise in 2018

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According to diamond industry analyst Paul Zimnisky, we can expect the prices of diamonds to increase this year. The prices for rough diamonds in 2017 went up 2.7%, while polished diamonds went down 3.5%, according to Paul Zimnisky Diamond Analytics.

“Mining companies tend to have leverage on diamond prices, so if their cost to produce the diamond stays the same, but the actual price they’re selling their diamond goes up, that increases their operating margin and it’s good for their business,” says Zimnisky. “If prices are higher it should help all of the mines, assuming they don’t have specific operational setbacks, so that should lead to higher revenue, higher profits and an increase in tax revenue;” this is good new for the mines in the Northwest Territories.

The Gahcho Kue Diamond Mine, located on the Canadian tundra in the Northwest Territories, is one that he expects to see increased revenue because it will be able to access higher quality diamonds deeper into the ground. He says, although they have fewer diamonds, they have a higher quality, which will be worth more.

The reason diamond prices are on the rise is due to the expected global economic growth in 2018; diamond growth is highly correlated to economic growth. The U.S. and China, being the biggest consumers for diamonds in the world, with half the demand coming from the U.S. and 20% from China, is what really will impact the diamond industry.

Average diamond selling price

With the diamond industry being so competitive because of specific brands, Zimnisky says the best thing companies can do to market diamonds and create a general interest is to through generic marketing campaigns. “Branding and marketing is very important with luxury items.”

According to Statista.com, in 1960, the average price for such a diamond stood at some 2,700 U.S. dollars. Since then, the diamond price has increased more than tenfold, to 29,650 U.S. dollars in 2015, about 14% each year.

Cartier Santos Watches Introduce Innovative Bracelet System

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In 2018, Cartier unveiled its most influential collection inspired by the partnership between the famous Brazilian engineer Alberto Santos-Dumont and the brand. The Santos de Cartier Collection offers a vast variety of designs to choose from- a two-tone steel and gold set, rose-gold set, and steel set. Each case measures in at 39.8 mm with a 9 mm thickness, which creates an ultimate design for an ideal dress watch. There are two variations to the Santos de Cartier. The first is a more traditional variation that utilizes Cartier’s 1847-MC caliber, while the second is more skeletonized,  and utilizes Cartier’s 9611-MC caliber. All watches are water-resistant to 100 meters and feature sapphire crystals on the side.

The most important and innovative feature of this new collection is the strap and bracelet options, with the “QuickSwitch” and “SmartLink” technology.  The “QuickSwitch” system enables the wearer to quickly replace and remove each bracelet and strap by simply pressing a hidden button. While the “SmartLink” system allows for a wearer to adjust the size of the bracelet without using any tools. Overall, the new updated technology that Cartier uses in their Santos de Cartier Collection brings more modern and innovative touch to their old-fashioned watch design.

Understanding your Diamonds: The 4 C’s

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Diamonds come in different shapes, colors, and sizes. So, how do you know how much your diamond is worth? The answer is knowing the 4 Cs. The 4 Cs (Cut, Color, Clarity and Carat) are the factors that influence the quality grading of a diamond. The value of the diamond can change significantly even with a slight difference in any of the 4 characteristics.

Color
Diamonds come in different colors, but the colorless ones are the most expensive and more valuable. Colors are categorized by the alphabet letters color scale, D to Z, with D being colorless and Z having light yellow to brown color. Do you know where your diamond lies on the color scale? Match your diamond color here.

Cut
The cut of a diamond is the proportion, symmetry, and polish of the diamond, rather than its physical shape. The cut is determined by three optical factors: brilliance, fire, and scintillation. Brilliance is the brightness of how white light reflects on the diamond surface and internal structure. Fire is the flashes of color on the visible spectrum. Scintillation is the light and dark pattern that the diamond creates. The scale of a diamond’s cut is categorized from excellent to poor. Check the different cut quality here.

Clarity
There are two factors to look at when considering the clarity of a diamond: the inclusion and blemish. Inclusion is the internal flaws in the diamond and blemishes are the external marks on a diamond. A valuable diamond lacks both of these features. Every diamond differs from one to another, which means no two diamonds will have the same inclusion and/or blemishes. These flaws can only be seen under 10x magnifying devices. Clarity is categorized into 6 types (Flawless, Internal Flawless, Very Very Slightly Included, Very Slightly Included, Slightly Included, and Included). Can you see the flaws in these diamonds?

Carat
Carat (c.t.) is the universal metric unit of the weight of a diamond. One carat is 0.2 grams and is about the weight of a paper clip. The carat scale is measured out of 100 points, meaning if it the diamond gets 25 points on the carat scale the diamond weighs 0.25 carats. The greater the carat, the more valuable the diamond is. However, it also means the bigger the diamond is there are chances for more flaws, such as color, in the diamond.

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Helping Others By Selling Your Designer Jewelry

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Everyone wants designer brands. It does not matter what gender, age or race you are. Some people may be able to afford brand jewelry when it is first released, or that limited edition design, but others may not be able to. Some people may have to save up for a long time to buy designer jewelry. Sometimes, you forget you have a designer item sitting at home, collecting dust. You may not wear that outdated jewelry, but someone may want the jewelry for its design or a limited edition to collect. There is always a market for outdated branded jewelry. Here, we can buy outdated jewelry and resell them to buyers who wish to own this item for a lower price or who can not afford the item in flagship stores. Check out the list of designer brands we buy here.

Do you have an outdated piece of jewelry that was passed down from your grandparents, but don’t wear it anymore because it’s not the modern trend? Why not make money from it? Some people collect antiques as a hobby. You can help these people by selling us your antique jewelry. Maybe we can find a better home for these pieces.

Need cash for gold in New York?

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If you have seen one of the many cash for gold ads on TV and/or heard the ad(s) on the radio and are thinking of getting some cold hard cash for your gold, you should think about selling your gold to an NYC gold buyer. We can handle transactions in our office or nationwide, and we have been in the business of refining and buying gold for the best price for over 3 decades. We are located in midtown Manhattan and are open 6 days a week. We have a friendly staff that will accommodate your needs and be there for you and greet you like a friend. You can relax while our reputable gold buyer weighs and tests your items to maximize your profits. When selling gold one has to take into account the current price of gold, the karat of the gold, and also the weight. It is advised that you sort out the gold you want to cash beforehand to save some time and to help us. We have been in the gold buying game for years and we are at the top of the gold buyers in NYC. When it comes to paying the most for your gold, we are #1 and are rated the highest and best paying gold buyer in NYC.

Time To Shine, Sell Your Diamonds (212) 642-4345

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Diamonds are thought to be a girl’s closest friend. Aside from being fine bling-blings, diamonds can be your closest friend in times of demand. You can readily sell diamonds for cash when an emergency situation appears.
Not Just Rocks

Diamonds are regarded as one of the most precious stones there’s. Purchasing these stones is considered to be an investment to many. A whole lot of people buy either diamond jewelry or loose stones and watch for the right time to dispose of them to bring in adequate profit.

The fine thing about investing in diamonds is that their prices usually do not fluctuate and its value doesn’t depreciate. This really is sufficient reason why folks can be easily carried into investing in these precious rocks. Another thing about diamonds is that it can be easily sold in the event you need additional cash or if you have to liquidate your assets.

Exchange Stone for Cash

Due to its high value, disposing of diamonds is easy to do. A lot of people are willing to buy that precious diamond of yours and will be willing to pay for the price especially when appraised as a premium quality diamond. Naturally, should you intend to sell diamonds when you need cash, you have to understand the real value of your rocks before jumping on the gun and taking the money offered for it. This way, you are able to take great advantage of the value of your asset by getting the highest price possible for it.

Going to a reputable jeweler is one way of realizing the value of your diamond. You can have it appraised first by a professional before announcing to the whole world about your strategies to sell diamonds. A professional appraiser or jeweler has the appropriate tools of the trade and know the right approaches in appraising your diamond giving you accurate effects on its value. When you really have the results with you certified by a professional appraiser you will soon manage to commend a reasonable price for your stone when you sell it.

Where to Go

When you plan to sell diamonds, there are several places that you are able to go to. It’s possible for you to offer it to your pals first notably those you know that love to gather jewelry. For sure you will manage to discover a person interested to purchase your diamonds from your group of friends. The single drawback of this is that you might have to make do with payment payments in exchange for the diamonds because for certain your friend will request concessions because of the association that exists between the both of you.

But in case you truly need the cash right away, you can definitely go to a reputable jeweler to sell diamonds that you own. You will have the capacity to get the payment immediately and use it for whatever that needs to be done. The sole concern here is that you WOn’t have the ability to control a high price for it because they will have to make a profit out of it too.

To sell diamonds should you have some is a good way to get cash. It might be a lucrative business for some particularly people who understand their jewelry and stones well. Additionally , this is lucrative for those who have a big network of people interested in the diamonds that you sell. If you need quick cash, go and sell diamonds now.

How to Sell Your Diamond with Confidence and Get the Best Price

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Many people buy diamonds with the intention of keeping them forever. However, life circumstances change, and there may come a time when selling your diamond or even the entire ring becomes necessary. If you’re in that position, it’s easy to feel overwhelmed by the mixed information online. Here are some practical tips to help you make an informed decision and get the most value from your diamond sale.

Understand the Reality of Selling a Pre-Owned Diamond

One of the biggest challenges when selling a diamond is understanding how the resale market works. Pre-owned diamonds often sell for significantly less than retail, even if they are unworn. This is because buyers, especially jewelers, know that the average consumer is hesitant to purchase a used diamond unless it comes at a reduced price. This does not mean your diamond is not valuable, but it does mean you should enter the market with realistic expectations.

Work with a Trusted Diamond Buyer

Finding a trustworthy diamond buyer is one of the most important steps. You want someone who is transparent about pricing, experienced in evaluating diamonds, and willing to explain the process. At Buyers of New York, we have decades of experience purchasing diamonds and engagement rings, and we make sure our clients fully understand their options before selling. Do not hesitate to get quotes from multiple buyers to compare offers and see who provides the most fair and honest service.

Avoid Pawnshops for High-Value Items

While it might be tempting to walk into a nearby pawnshop for a quick offer, these places are not designed to give you the true market value of your diamond. Pawnshops generally offer the lowest payouts because their primary focus is on fast turnaround and resale. If you want a better return, it is wiser to sell to a professional diamond buyer or estate jeweler who specializes in fine jewelry.

Evaluate the Entire Piece, Not Just the Stone

If you’re selling an engagement ring or another piece of diamond jewelry, consider the value of the entire item. In many cases, the setting—especially if it includes gold or platinum—can significantly add to the final payout. A reputable buyer will assess both the gemstone and the metal to give you a full-value offer.

Online Buyers: Proceed with Caution

Selling your diamond online is another option, but it comes with risks. Some platforms operate on consignment, which means you may wait weeks or months to receive payment, if at all. Worse, you may not get your original stone back if a return is requested. If you choose to sell online, make sure the buyer offers a clear, upfront estimate and is willing to buy the diamond outright rather than list it on consignment.

Final Thoughts

Selling a diamond can be a personal and emotional decision, but it doesn’t have to be a stressful one. At Buyers of New York, we offer a secure, private, and respectful environment for you to explore your options. Whether you’re selling a loose diamond, a full ring, or inherited jewelry, we’re here to help you understand the value and walk away with confidence.