The day that a man decides to ask the woman of his dreams to marry him can be a very special one in both of their lives. But if things don’t necessarily go as planned he may end up in a situation where he has to sell an engagement ring. Also in the case of a divorce a former wife may be in a position where she wants to get rid of a glittering reminder of her past. Whatever the reason that you’re selling diamonds it’s best to do some research to make sure you’re getting the best offer possible.
It’s a good idea to get a diamond appraisal before you decide to sell. This way you’ll have a professional estimate before you contact a buyer. Since you’ll know what the diamond and band are worth you’ll be in a better position to negotiate a price. Let the appraiser know you’re interested in liquidating the piece and want to get the highest price that you can. Since independent appraisers don’t buy or sell jewelry they won’t give you biased opinions. The cost of an appraisal is minimal so if you’ve made quite an investment or if you know the ring is of high value it may be worth it. Another tip is to have your diamond cleaned before selling it unless it’s very new. It can add a lot of value to your asking price.
Looking for the right diamond buyers that will give you a good deal is an important part of the process. Often people think about heading to the nearest pawn shop to sell their diamonds which is a mistake. Pawn brokers sell a variety of merchandise and most likely will not have anyone on staff that can give a fair estimate. As a result you will get a valuation that will very possibly be below what the value is. Also since these establishments are known for offering low valuations for merchandise anyway, expect to receive even less. Diamonds vary greatly in cut, color and quality and you need to find a buyer that has the expertise to accurately appraise jewels.
The best option is to find a diamond buyer online. Check to see if the diamond buyers have professional diamond graders on staff. These experts can determine the value not only of your diamond but the quality of the metal content as well. Companies such as these offer more money than pawn shops since they have the experience to properly assess the stone and will also research the current market value for the metal. In addition they are able to offer estimates that are fair since they specialize in one area, plus the costs of doing business online keeps their overhead down.
To find an online diamond buyer that you feel comfortable with contact them offline first. Be assured that you can get all your questions answered. Find out how long they’ve been in business, the process for getting your diamond ring insured and also what happens if you change your mind in the middle of the transaction. Look for reviews through customer testimonials as well.
It can be an emotional experience to have to sell a diamond engagement ring since it is the one piece of jewelry that attaches with it so many feelings and memories. But you can now find a way to profit from it at a fair price sitting at home in front of your computer with an online diamond buyer.