What Is The Best Way To Sell A Diamond Ring?

What Is The Best Way To Sell A Diamond Ring?Selling a diamond ring online is not a difficult process at all. The problem is that many people are unaware of the quality service that online diamond buyers provide. You may have found yourself in pawnshop accepting a low offer when selling jewelry in the past, but that is no longer the case as online diamond buyers pay more cash for diamonds while providing a convenient service. This is why many of the diamond buyers on our site will be the best way to sell a diamond ring.

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

More Cash For Diamonds

Jewelers and pawnshops will want to resell your diamond ring in their stores and will need room to make a profit on it. The high costs of running a retail store along with not specializing exclusively in gemstones, diamonds, and precious metals, is what leads them to offer those low valuations. Because online diamond buyers know the exact value of your diamond ring and the diamond experts on staff have everything available to provide an accurate valuation, the customers receive more money while the online diamond buyer still ensures that they will be profitable. This is the main advantage online diamond buyers have and making more money should be a priority when it comes to finding the best way to sell a diamond ring.

The Convenience of Selling a Diamond Ring Online

While I am sure making a good amount of money is very important when finding what is the best way to sell a diamond ring, but a convenient process is a great benefit that should be factored into the decision. The good news is that not only do online diamond buyers pay your more money, they also offer a convenient service. You can usually print out a free shipping label, package your ring in a box and hand it to the postman. In a day or two, you will have an offer of your diamond ring and can choose the method in which you would like to get paid. If you are unhappy with the offer, or just have a change of heart, online diamond buyers will return your items free of charge. This make online diamond buyers the best way to sell a diamond ring.

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.