Have you ever wondered how to sell diamonds in Jacksonville Florida?
1. Diamond Quality is King
The diamond clarity, diamond color, diamond cut, and diamond carat weight are all factors that potential diamond buyers will be looking at. They will use clarity, cut, color, and carats to determine the value of your Diamond.
A GIA (Gemological Institute of America) appraisal can help, if done by a Diamonds Graduate GIA or Graduate Gemologist. A designation that will be listed on the appraisal. If you have a lab report ( diamond certification) for the diamond in your Diamond Engagemnt Ring, or your loose diamonds it will help you sell your diamonds
2. Diamond Research
Before you sell diamonds in Jacksonville, Florida, check online stores and sites such as Ebay to establish what a diamond in the same size, shape and quality is commanding on the open market. This is not what you will get for your diamond, but it will give you an idea of what your diamond maybe selling for retail.
The local diamond supply and diamond demand will be a true influence on how much you can sell your diamonds for. Diamonds rarely sell for the asking price, plus the diamond dealer is trying to make a living.
Most diamonds sell for between 20% and 40% of the original purchase price. The diamond mounting is typically valued at scrap. The secondary market is worried about diamond clarity, diamond color, diamond cut, and diamond carat weight. Period. If you paid a significant amount at a big name Shopping Mall Jewelry store, you were paying for the branding, advertising, and overhead. When you sell your diamonds for cash, be sure to keep this in mind.