What To Know When Earning Cash For Diamonds

Selling Diamonds OnlineSelling diamonds online can bring in more money than what you would get from your local jeweler. Most people do not consider the option of selling diamonds online because they are unfamiliar with the process or did not even know it existed. When earning cash for diamonds, there are several things you should consider before selling to increase the amount of money that you will make.

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

Research Diamond Buyers

Selecting a diamond buyer with a strong positive reputation will allow you to earn the most cash for diamonds. Unlike retail stores, selling diamonds online will make you more money because the diamond buyers incur fewer costs and pass the savings off to the consumer while remaining profitable. Diamond buyers who have a strong reputation will have been in business for a good amount of time. This also means that their online diamond selling process has been refined multiple times to keep the costs low. Not only will these low costs allow you to make more money selling diamonds online, but their experienced staffs will also help. Many people turn to pawnshops to sell their diamond jewelry. While this is not a horrible option if cash is needed immediately, pawnshops are not employing the expert diamond graders that online diamond buyers do and also do not have the resources to accurately value diamonds. With a more accurate valuation, online diamond buyers can be sure that they will profit from each transaction and can be confident offering higher prices to their customers. By researching the diamond buyer that you will sell diamonds to, you can get a better idea of their specific process and what to expect from the transaction. Selling diamonds online may be a new experience to some people so it is important to know how it works with a specific diamond buyer.

Estimate Diamond Value Before Selling Diamonds Online

Once you have found the diamond buyer and are committed to selling diamonds online, you should estimate the value of your diamonds. By having an estimate of the value of your diamonds, you can know whether or not you should accept a valuation. It obviously can be very difficult to determine a diamond’s price if you have no experience or resources available, but there still are ways to get an estimate. Diamond calculators are available online and can provide you with an initial price if you have information on your diamond. Things like weight and size will affect a diamond’s price but so will clarity and color, which are more difficult to assess. Expert graders will use microscopes to see the clarity of a diamond. You can take your diamonds to a pawnshop or jeweler and see what they will offer you as another way of receiving an estimate. Despite it being difficult to accurately determine how much your diamonds are worth, you should try to get some idea before selling diamonds online.

Comments are closed.