The glitter of diamonds is irresistible. They have been a precious commodity and sought after for their brilliance and endurance for centuries. They have both aesthetic value and intrinsic, monetary value. If you have loose diamonds or diamonds that can be taken from a setting, the best diamond buyers will pay good money for them. That is good news if you need some fast cash, want to get rid of a diamond given to you by an ex, or want to get the money to trade up to a larger diamond. Which leads to the question: how to sell diamonds online? In this article we will give you a guide to selling loose, certified diamonds online.
The first thing you need to do if you want to know how to sell diamonds online is look into getting an appraisal. Getting an appraisal is crucial because it will establish the value of your diamond. A qualified expert will evaluate diamonds and use their knowledge and experience to rate them. This will result in you obtaining a diamond certification. This diamond grading report or diamond lab report. This report is what certified diamonds buyers look for when they consider whether or not to buy your diamonds. Sot start by finding an expert to give you an online diamond appraisal.
When you get an online diamond appraisal, the appraiser will provide a careful analysis of the loose diamonds by looking at the 4 C’s. No guide to how to sell diamonds online would be complete without answering the question: what are the 4 C’s? They are: color, clarity, carat, and cut. The color of gem quality diamonds can range from colorless (very rare) to shades of yellow (“canary”) or brown (“cognac”). “Fancy diamonds”, which are shades of red, pink, or blue, have their own scale. Clarity is determined by a magnified examination of the inclusions (or flaws) that a diamond contains. A carat is the weight of the diamond measured in metric carats, which equal 1/5 gram and is subdivided into 100 points. Cut referrers to the shape that the stone was cut into, such as oval, pear, or princess cut. The best diamond buyers will consider the 4 C’s when deciding whether to buy your loose diamonds.
The value of diamonds is also driven by market demand. The health of the economy helps determine value with more demand in a better economy. The growing awareness of the conditions that many “conflict” diamonds are mined in have also let to a great demand for lab diamonds. Reselling diamonds also can mean a 30% to a 50% reduction over the retail value.
When the time has come for you to sell your diamonds online, you must carefully consider who are the best diamond buyers. You will want to consider how long the buyer has been in business. What recommendations do they have, what rating they have with the better business bureau, and their level of expertise. At antiquediamondbuyers.org our experts can help you with the process of getting an online appraisal and finding certified diamond buyers. Contact us today to get started!
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