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How And Where To Sell Your Diamond Profitably

By Expert Author: Ryan Harish

Women love to look stylish and charming. They wear fashionable dresses, use costly make-ups and cosmetics; but without some gold or diamond jewellery they donít get a complete get-up. Diamond ornaments like all other ornaments nowadays go in and out of fashion in quick time. Itís just a matter of couple months or so the designs take to get outdated. Who would want to look awkward and ungraceful by putting on some old-fashioned ornaments? So itís better to sell or exchange them.

While selling or exchanging your old and unwanted diamond ornaments if you donít take certain cares, you might end up bearing a substantial loss. So here are the perfect guidelines to sell your diamond at a high price so as to make a good profit.

Valuation of your diamond

Valuable information upfront: every diamond piece has to go through a grading process. The process suggests the grade of the diamond. Itís done as per Colour, Cut, Clarity and Carat Wright Ė The 4 Cís.

ē Here the total gradation is affected by Colour from yellow to white.

ē The final shape of the diamond piece after the full cutting process determines the Cut of the diamond.

ē Clarity is either FL (Flawless) or I3 (lower in quality). This tells that the diamond has lots of inclusions.

ē The Carat Weight is calculated by putting the diamond on a scale. The accurate weight is measured then.

These are only some basic and widely used processes to evaluate the price of the diamond ornament.

Try to find the best buyer.

After knowing the price of your ornament the next step is to find the best buyer who will buy your diamond. Remember there is no scarcity of diamond dealers in the market. And almost all claim to pay you the maximum money for your diamond. But make a thorough research for it as not all of them are trustworthy sources.

While choosing the suitable buyer donít forget to check his documents such as registration, certification and complaints if any. Feel free to talk with him/her and discuss the matter thoroughly as you are going to sell a priceless entity.

Stick to the appraised (standard) price

Always keep the appraiserís note with you and follow it. Donít sell the diamond at cheaper price. If the buyer fixes the rate less than the appraised rate, then donít sell your diamond to that buyer. Go to another buyer and discuss about considering a better offer. But always stick to the standard price (the appraised price).

Pawnshops are the last options

Generally pawnshops offer you around 10-15% of the appraised price. They get your diamond and put it in the display rack and mention a price almost 70-80% more than they pay for it. So you can never get good profit by selling your diamond to pawnshops.

You can visit some popular websites and fix a good price for your old diamond.

Author Resource:-

Ryan Harish is a freelancer copy writer who writes informational articles about sell diamond.To Know more about sell engagement ring visit us at:www.dollarsforgoldcanada.com.

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