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Diamond Buyers are a Seller’s Best Friend

Diamond Buyers are a Seller’s Best Friend

It’s hard to know what you have when it comes time to sell your diamonds because unlike gold, the selection process is much more subjective than when you’re attempting to sell bullion. Whereas selling gold merely requires the seller to know the meltdown weights of the metal and do the math, selling your diamonds intelligently demands understanding some of the basic characterization of diamonds that help determines their worth. Additionally, to feel as if you are fully armed with all the knowledge you need to successfully sell your diamond jewelry for the full value that you deserve, the following should provide the pertinent details to help guide your decision.

    Gorgeous 14kt white gold 3.01 carat round brilliant diamond solitaire engagement ring for $37,995

Elements of a Diamond

All diamonds are not created equal and to help separate them, diamond buyers in Boca Raton will look at several factors to arrive at the true value of the gemstones. Specifically speaking, when it comes time to evaluate the value of a diamond, buyers look at the gem’s color, clarity, weight, and shape to help determine a buying price.

Color…

As noted earlier, diamond purchases are a much more subjective process than buying gold. One of the main factors that diamond buyers are going o examine is the gem’s color. To help set up color guidelines jewelers have established a color scale, which ranges from a completely colorless “D” to “Z” which are tinted yellow. For the diamond purist, “D,” “E and “F” are all colorless gems that will achieve the classic look they were looking for when they think about the perfect diamond. Conversely, colors “G” “H” “I” are near colorless and are the typical gens that most retail diamond buyers purchase. Finally, the colors which are designated as “J,” “K,” “L,” and “M” will display a slight color and is ideal for the buyer on a budget. Needless to say, diamonds that are closer to the “D” designation are more valuable.

Clarity…

Just as color is a touch point on which to gauge a diamonds value, clarity is equally important to a final determination of worth. The vast majority of diamonds have flaws that are known in the industry as inclusions. To establish a clarity grade, the diamond is accessed on the number of imperfections and how pronounced these inclusions are. Simply stated, the fewer blemishes that the diamond displays, the more valuable the diamond is.

Weight and Shape…

Measured in carats, one carat is equal to 1/5th of a gram. Each carat is divided into 100 points so a diamond with 50 points is equal to a half carat gemstone. As one might imagine, the larger the diamond the more rare they are and their value is only heightened by the increased size. Regarding shape, diamonds are cut in a variety of shapes and round facets are by far the most popular with the buying public.

Understanding the impact that color, clarity, weight and shape have on the value of diamonds is an excellent starting point in establishing the value of a diamond’s value. Beyond these basic diamond characteristics, there are also numerous options available in terms of where you chose to sell your available diamonds. To fully document the value of your diamond you should have it

Options for selling Diamonds

Armed with the aforementioned information about what diamond buyers in Boca Raton are looking for when they are purchasing diamonds from the retail market, your next step is determining which venue is best for selling your precious venue gem. Invariably, your options include pawnshops, EBay, Craigslist, consignment sales, or directly to a diamond buyer in the Boca Raton area.

Pawnshops…

As one might expect from a pawnshop visit, the desperation that you can smell when you walk into the building is suggestive of how low the eventual price you will fetch for your diamond. The reason for that is because the pawnshop dealer is anticipating that you will buy the jewelry back and so they will only offer a small percentage of what it is worth.

EBay…

Assuming you have done your homework, and now know the true value of your diamond, you might want to consider placing your diamond for sale on EBay or a similar bidding website. Should you consider that route, you would certainly want to get a certificate that documents the color, clarity, weight, and shape to document your gem. For best results you should be sure to get a diamond certificate that provides this detailed information for listing.

Craigslist…

If you don’t want to incur the cost of a EBay listing, Craigslist offers a free platform to advertise your diamond for sale however, doing so risks unleashing the crazy factor that typically lurks on Craigslist. Should you decide to go this route it makes sense to take all sensible precautions prior to meeting your perspective buyer. As such, always arrange to meet in a public place to discuss your transaction. Additionally, be sure to bring a friend to the meeting as an added buffer to any problems that might result from meeting in person.

Consignment Sales…

If you’re in no hurry to get your money in your pocket, then placing your jewelry in a consignment shop may well be the perfect solution for selling your diamond jewelry in a safe environment. Another advantage to selling your wares in a consignment shop is that your associated fees will be less than if you place a listing on EBay. Also, the amount of work you will need to do is limited to simply dropping off your diamond at the consignment shop and let them do the rest.

Selling to a Diamond Merchant…

Selling to a diamond dealer is an excellent way to get a high dollar value for your diamond while still enjoying the advantage of an easy sale. A diamond buyer has less overhead than a jeweler and is able to offer a higher price for your jewelry than would otherwise be expected from a pawnshop or Craigslist posting.

Call the Experts at Raymond Lee Jewelers…

Call the experts at Raymond Lee Jewelers when it comes time to sell your treasured jewelry pieces. The breath of their skills and experience ensures that you will receive top dollar for your grandma’s broach and every other piece you bring in for their consideration. They will treat you fairly and honestly, which is why they are the company that everyone is talking about when it comes time to sell jewelry in Boca Raton, Florida. Your memory of your grandmother will live long in your memories, and those summer afternoons you used to share with her as a kid will always be with you, but if you need to sell some of her vintage jewelry to meet your other financial responsibilities, she would want you to sell them safely while getting all that it’s worth.

If you are ready to explore your options for selling jewelry in Boca Raton, Florida, then you need to reach out to the experts in Baca Raton to make sure your efforts go off seamlessly and without a hitch.

 

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