Where and How to Sell a Diamond
Diamonds are valued based on the four C’s; color clarity cut and carat weight.
Currently, small diamonds do not have much value in the diamond buyer market.Diamonds that are a half carat are evaluated based on grading. Diamonds that are over the one carat mark have actually increased in value 10% over 2011 diamond prices.
When selling your diamond or diamond ring do not expect to get what you purchased. Jewelry stores such as Jared’s and Kay’s are on a high mark up and interest plans – they are retail and sell retail prices.
Get a couple of quotes when you are selling your diamond to ensure you get the best bid. If you have papers such as a GIA or IGI certification then you should bring that along with you. An appraisal is just an appraisal and is usually artificially pumped up for insurance replacement purposes. A GIA or IGI certification is the authority on color, cut, clarity and carat weight.
If you live in the Palm Beach County area and are selling a diamond put Lake Worth Gold Mine on your shopping list for the most competitive bid.
8100 Lake Worth Road
Lake Worth, FL 33467
Posted on October 4, 2012, in Diamond Buyers and tagged diamond, diamond buyers, diamond rings, lake worth gold mine, palm beach, sell diamond jewelry, sell diamonds. Bookmark the permalink. Leave a comment.