Sage-Tips

Can we resell diamond?

And even today if you want to resell your diamond, you can go to a dealer and sell it. Diamonds do have inherent value. There is a resale market. While India cuts and polishes 90 per cent of the world’s rough diamond production, it accounts for about just 7 per cent of global diamond jewellery sales.

Does diamond have no resale value?

A short answer to this question is a straight yes. A long answer to this question will take you through the basics of trading in (buying and selling) diamonds, but the answer will remain yes. However, the resale value of diamond jewellery or loose diamonds does not fluctuate like gold price.

How do I value my diamond?

To calculate diamond price, first, choose a color grade (leftmost column) and a clarity grade (top row). Next, multiply the number shown at their intersection by 100, then multiply that number by the carat size. For example, an I-color grade, VVS2-clarity grade diamond would cost $3,000 per carat.

How do I check a diamond certificate?

Check them out on the GIA website on www.gia.edu/reportcheck and provide the details necessary such as the reported number of the diamond, and the information for the diamond will all be provided and you can then verify if its correct.

Can I trust a diamond when selling it?

If you are selling a diamond, I can guarantee that the other party will demand to see proof and authentication of the diamond’s qualities from your side. The best and easiest way to establish a basic trust is to get it graded by an authoritative gemological lab, like the GIA – Gemological Institute of America.

Are diamond certifications worth it?

Because diamond certificates are not created equal, the price and value of diamonds are not comparable across varying certifications. Ensure that you purchase a diamond with a certificate from a highly reputable grading entity—and that you review the diamond closely before purchase.

How much can I Sell my diamond engagement ring for?

In most cases, a diamond engagement ring or other diamond jewelry will have a resale value of between 20 and 60\% of the amount it cost when it was new. How Much Can I Sell My Diamond Ring For? Because no two diamonds, vendors or potential buyers are the same, there’s no precise answer to this question.

How can I Sell my diamond jewelry without any documentation?

Upload your Jewelry Appraisal here to get an initial valuation from WP Diamonds. You can live chat with an expert, make an appointment, or email us at [email protected]. A Final Option of Course, is to Sell Your Diamond Jewelry Without Any Documentation.

https://www.youtube.com/watch?v=yxWbVyVOmrY