How To Sell Diamonds Online

How To Sell Diamonds OnlineSelling diamonds online has become more and more popular over the past few years as many people have seen the money that can be had from online cash for gold companies. Like cash for gold, cash for diamonds is a great way to make some extra money. Whether you have an engagement ring or just loose diamonds, online diamond buyers will purchase your diamonds and compensate you with more many than jewelers and pawnshops. If you are unfamiliar with selling diamonds online, below are the steps to the online diamond selling process.

CompanyInsuranceBBB
Rating
GuaranteeYear In
Business
Customer
Reviews
Instant QuoteShipping Method
#1Diamond Buyers Intl.$5,000A+30 Days11 YearsYesFedEx
#2WP DiamondsActual ValueA+None4 YearsNoFedEx

1. Find An Online Diamond Buyer

Selling diamonds online is a simple process and finding an experienced online diamond buyer will further add to the convenience. Diamond buyer review websites can give you insight on what to expect from each diamond buyer and how they run their business. Each diamond buyer will have different policies for things like returns and how you are paid (check, wire transfer, etc.). Along with that, different diamond buyers insure the packages for different amounts, so when you sell diamonds online, be sure that the value of your diamonds does not exceed the insurance amount. Depending on your preferences and the value of your diamonds, select the diamond buyer that best meets what you are looking for out of the transaction. Another good area I would recommend researching before selling diamonds online are the different business accreditations that will allow you to see how diamond buyers handle disputes and problems that may have arisen.

2. Sell Diamonds

Once you have selected a diamond buyer, the next step towards earning cash for diamonds is to ship your diamonds. Carefully package your diamonds in an envelope or box in a way that they wont get damaged during shipping. Some diamond buyers may provide some packaging material and I would recommend using whatever you can to ensure that your diamonds arrive safely. Additionally, the diamond buyer may have some paperwork for you to fill out and include in the package. These things along with any documentation you have on your diamonds should be included in the package. Because the shipping process is out of the hands of both you and the diamond buyer, be sure to have the diamonds stored safely and that the insurance is worth more than the value of your diamonds. All you need to do now is ship the package and wait.

3. Receive Cash For Diamonds

Now that you have sent your diamonds to the diamond buyer, you just need to wait to be notified that they have received your diamonds. The notification will be either a phone call or email and shortly after your diamonds will be valuated by one of their diamond experts. After the valuation, you will notified with their offer and you can decide whether or not you want to sell the diamonds. Depending on the diamond buyer, you may have different lengths of time to make your decision whether or not to sell diamonds online. This, along with the return policy, are things you should have looked into before choosing the diamond buyer. If you choose to accept the offer, then a check will be sent to your address or it can be wired into a bank account of your choice. If you deny the diamond buyer’s offer, then depending on their policy, you will likely have your diamonds returned at no cost to you.

Selling diamonds online is a relatively new process. Many people feel uncomfortable sending their expensive items through the mail but many of the diamond buyers are reputable organizations within their industry that continue to treat their customers with high quality service. I mentioned above that online diamond buyers can offer more cash for diamonds than the other competitors. This is because unlike jewelers and pawnshops, online diamond buyers do not have the burden of running retail stores and can take away market share from competitors while remaining profitable. There is no need to be worrisome about selling diamonds online. Online diamond buyers have provided quality service to many people and can provide you with more cash for diamonds.

How To Sell A Diamond

How To Sell A DiamondWith the abundance of cash for gold dealers appearing all over the country, one can easily find information on how to earn cash for gold. What most people have trouble with is figuring out hot to sell a diamond. Like gold, cash for diamond dealers are also out there and can provide you with a great financial incentive for selling diamonds online. This guide will give you an idea on the diamond selling process and how to sell a diamond.

CompanyInsuranceBBB
Rating
GuaranteeYear In
Business
Customer
Reviews
Instant QuoteShipping Method
#1Diamond Buyers Intl.$5,000A+30 Days11 YearsYesFedEx
#2WP DiamondsActual ValueA+None4 YearsNoFedEx

1. Find A Diamond Buyer

Before thinking about selling your diamonds, it is important to find a diamond buyer that you can trust. While many people turn to pawnshops to sell diamonds and jewelry, it should only be a last resort, as you will not receive nearly as much of cash for diamonds. This goes along with the problem that people do not know how to sell diamonds and immediately turn to their local pawnshop because of a lack of available information. Using an online diamond buyer will get you more money without leaving your home. This is due to the fact that unlike pawnshops, they specialize in buying diamonds and have experienced graders along with other resources. To ensure that the transaction goes smoothly, look at some of these factors when trying to find a diamond buyer.

– Reputation
– Shipping Method
– Shipping Insurance Amount
– Return Policies
– Years In Business
– Customer Reviews

2. Request A Shipping Label

You have found the diamond buyer that you will sell your diamonds to, now the next step is to request a shipping label. Most diamond buyers have a form that you will fill out on their website. The form gives the diamond buyer information on your diamonds that allows them to speed up the grading process when they are received. The amount of information that you need to fill out will vary between each organization. If you can, try to fill out the form with the most possible information ad it will give a better idea of what the value of your diamonds may be. This is important because some diamond buyers insure your package for an estimated value of your diamonds and you would not want to send diamonds through the mail without them being fully insured. After the form is filled out, you can request a package in the mail or print the shipping label at your own home.

3. Send Diamonds & Receive Cash

The diamonds have been packaged carefully and sent to the diamond buyer to be graded. During your research on each diamond buyer, you should have found an idea on the time it takes for them to receive your diamonds and grade them. Once this has happened, you will receive a valuation for your diamonds and can choose to either accept or deny it depending on the diamond buyer’s policies. Many diamond buyers offer a time period in which you can deny the offer and have your items sent back to you at no charge. Again, this is something you should consider when finding a diamond buyer if you are hesitant on selling your diamonds online. If you accept the offer, you generally have the option to have a check sent to an address or to have the money wired into a bank account.

These are the basic steps on how to sell a diamond online. Selling diamonds for cash is not uncommon for many people and it is becoming an increasingly popular option for those looking for some extra cash. Keep in mind these steps on how to sell diamond online and you can earn the most money for your diamonds.