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How to Sell Diamond Rings

Friday, October 18th, 2013

Most of us are unfamiliar with selling diamond rings. There are times when you may need to sell your diamond jewelry just for the sake of some extra cash as well; so, no matter what the reason, if you’re planning on selling diamonds, you should know how to find the best deals. Most people interested in selling diamond rings are not jewelers, however. In this case, there are a few steps to take, including getting an appraisal both of the ring, and of the wholesale value of the diamond, then exploring different markets for selling it.

People who are desperate for cash might find that selling diamond rings to a jeweler or even a pawn shop is the easiest — not to mention safest — option. A pawn shop will return just a fraction of the value, but for some people that is better than nothing. A jeweler will probably not offer much more, unless the diamond is of spectacularly high quality. Generally, the amount a jeweler will offer for a diamond ring is about one-third of the wholesale of the diamond.

Another option for selling diamond rings is to try to sell it online or in a local paper. This can be much more difficult, since many people are reluctant to spend money on a ring from a broken engagement or divorce, especially a ring they haven’t seen. However, this is a good way to get a bit more money for the diamond ring. The method of getting the most money for a diamond ring is to sell it to a friend or acquaintance willing to pay nearly what it would cost to buy it in a jewelry store.

Regardless of the method an individual chooses for selling diamond rings, it is absolutely necessary to get it independently appraised and valued first, preferably from a few different jewelers. This gives the seller a good idea of what the ring is worth, who can then haggle the sale price confidently. It is usually not a good idea to get an appraisal and then immediately sell the ring to that jeweler, as dishonest jewelers could give a very low appraisal in the hopes of making more money on a future sale. Be sure to get the appraisal in writing to show potential buyers, and if the diamond is certified and graded, be sure to hang on to that certification as well.

Diamond Engagement Ring

Wednesday, August 29th, 2012

It is always necessary for the dealer to explain why a smaller finer diamond costs more than a larger not as fine gem. The consumer must be aware that some small imperceptible defects may exist on the less fine stone, but they do not hurt the appearance of the it. These small imperceptible defects will however lower the price of the stone. It may make sense for a consumer to buy a bigger less fine stone for the price of a smaller fine stone for the same price.

The buyer must always beware that these small imperfections will hurt the resale value. High grade stones will always retain a lot more monetary value than a stone of a poorer grade. It is also harder to resell a stone of poorer grade. If the buyer entertains the converting of the stone into cash, it is much wiser to buy only the better grades as regards to perfection.

In color, the public is also advised not to go with the very highest of grades, but a stones of rather less rare tints. Never buy a low grade off color stone that is perceptible to average eye. It is suggested that colored diamonds be purchased in the grades of Crystals and Silver Capes. The average retailer will probably call them blue white and fine white. Always insist on seeing the stone in broad day light, as to check for imperfections. In regards to the cheaper colored stones they possess more bang for the buck. The resale value on a colored stone with imperfections is not very high. On the other hand, the resale value of a fine grade colored gem is fairly high.

The next step in choosing a stone is the cut or make. The cut more than any factor, determines the brilliancy of the stone. The brilliancy includes both the perfect reflection of white light and the prismatic display of colored lights. The consumer can test the brilliancy of a stone without the use of measurements. If the stone is cut well it will have the same brilliancy from any distance up to twenty feet from the eye. At no distance should the stone appear weak or less brilliant in the center. Over thick stones will appear vacant, or dark, in the center. The stone that is cut too thin will have a ring of brilliancy around the outside around a black center, producing the fish eye effect. Over thick and over thin stones should be avoided.

The buyer must also scrutinize the finish of a stone. All of the stones facets should be symmetrically related to each other. The facets should be above the girdle should match those below in position. The upper facets and the lower facets should directly line up and the edges should meet. The finish of the stone should also be well checked. Most rough or chipped areas will be around the girdle.

Only a stone that appears perfectly round should be accepted. Stones of other contours are much less salable. The buyer must be aware that the price per carat advances rather rapidly with increase in size up to somewhat over a carat. Smaller diamonds are much more abundant in the mines than the larger ones. The law of supply and demand dictates the prices of diamonds on the market.

Capri Jewelry, a family owned and operated company, has been in the business of diamonds and jewelry for over 30 years. Having established a well known, and recognized retail store in the Los Angeles Jewelry District for over 3 decades, their family decided to expand their services worldwide and offer their high quality products online. As they say, “No two diamonds are ever exactly the same”, and they at Capri Jewelry like to see themselves in the same manner, much like “diamond in the rough”, never the same as the typical jeweler. Their work ethic, their inventory, expertise, and personable staff is what distinguishes their company from the rest. They strive to give you, the best customer service, the upmost attentiveness and care when shopping for your next piece of jewelry. Their goal is to treat each and every customer with the highest regard, as your satisfaction is their most valued asset.