Helpful steps to getting the best price for your diamond

If you’ve got a piece of diamond jewellery you’ve been hoping to sell, you may be surprised to learn that it is not only the value of the gem, the size or the cut that can influence the amount of money you get for it. There is a lot you can do when you sell jewelry with a diamond in it to ensure you make the most of the experience.

First, beef up your knowledge. You may already know that not every diamond dealer out there is as committed to your well-being as you are, and so if you’re not sure how much a diamond is worth, you may be cheated. Ensure you understand the basics of the diamond trade, such as the cut, colour and carat of the diamond you have to sell, as you can bargain on the price once you understand the field. If you have not already had the diamond appraised, do so to ensure that you know just how valuable it is. In some cases, you may find that certification is asked for, for the diamond. This is not something you may have, but if you do, or you can get a certification, try to do so, as this depicts the diamond’s heritage and value.

Next, get your diamond cleaner and separated from its setting. If you have a diamond that is set into a ring or pendant, get a professional to remove it so that the buyer can see it in its own right. Ensure you have it professionally cleaned to, so that it really catches attention, as this could drive up the price.

When choosing a diamond buyer to complete all of your jewelry selling needs, ensure you find out as much as you can about them before you sell. Ensure that the buyer you sell to is trustworthy and that you have a good feeling about them. Too often, gut feeling is dismissed, but you are not simply selling a gem, you are also trying to ensure your peace of mind. If you feel the need to ask questions of the buyer, do so. And if they don’t answer satisfactorily, walk away. Finally, ensure you have a price in mind when you intend to sell. You may find though that if three resellers quote you lower than your set price, you may need to drop. Thus, be realistic with the amount you have in mind.

Remember that the professionals, such as Liquid Fin, will try to help you in your jewelry selling endeavours, so try to stick to a reseller you know you can trust, not just with the gems and precious metals you are selling, but with your peace of mind.