Whether you are your selling an engagement ring or some loose diamonds, you are likely looking to make as much money for jewelry as possible. There are many things you can do to ensure that you will receive the most cash for diamonds possible and this article should help you with that. It is important to know as much as you can about your diamonds and jewelry, so any documentation that can provide insight will be beneficial. Keep reading to find out these tips that will help you earn more cash for diamonds.
Company | Insurance | BBB Rating | Guarantee | Year In Business | Instant Quote | Shipping Method | |
---|---|---|---|---|---|---|---|
#1 | ![]() | $5,000 | A+ | 30 Days | 11 Years | Yes | FedEx |
#2 | ![]() | Actual Value | A+ | None | 4 Years | No | FedEx |
Sell Your Diamonds Online
Online diamond buyers pay much more than local pawnshops and jewelers, making this the most important tip that will make you more money. These diamond buyers do not run retail stores and save even more on costs by focusing just in one area, when compared to pawnshops. The money that is saved by the buyers, is then passed on to the customers in hope that they will return in the future to sell more of their jewelry.
Get An Appraisal
As it was mentioned in the opening paragraph, having as much information and knowledge as possible on your diamond jewelry can help you earn more cash for diamonds. By taking your diamond jewelry to your local jewelers, you will be able to get multiple appraisals that will help you figure out just how much an online buyer would pay.
Monitor Market Prices
The last tip is to keep an eye on the prices of precious metals, as well as diamonds. Different economic factors can contribute to the prices of these materials to rise or fall. By selling when the prices are high, you will obviously make more money. If you plan to sell your diamond jewelry relatively soon, then I would recommend beginning to watch the different market prices now.
These tips will help you earn more cash for diamonds. Like I said above, selling diamonds online will be the greatest influencing factor on how much money you receive in exchange for your jewelry. Not only do they provide more money, but you will also have a more convenient experience and it will likely persuade you to sell other jewelry that you no longer want.