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The Right Way to Sell Used Diamond Jewelry

The Right Way to Sell Used Diamond Jewelry

2017-10-08

In the past year or so, diamond prices in China and India have soared. One result is that jewelers in North America are now purchasing more diamonds from the public than ever before. What this means to you is that the market is extra ripe right now. So, if you’ve been thinking about selling diamond jewelry, now would be a great time.

Diamond

However, if you’re like many people venturing to sell their diamond jewelry, you’re doing it for the first time. It can be difficult to know how to approach it. Where do you go? What do you need to know about your items? Here are some things that will help you get top dollar for your used diamond jewelry.

Know Exactly What You Have

You might have a family heirloom that is worth thousands of dollars, or you might have a family heirloom that’s only worth anything because your great-great-grandma said it was. Make sure you have photos taken and take your pieces to a certified appraiser. They can evaluate your jewelry and offer an unbiased opinion of it.

Be Realistic about Pricing

Remember that your jewelry might be worth a lot of money, but it’s unrealistic to think that you’ll get fair market value for your items. Jewelry buyers want to make a profit as well, and so, they will only buy jewelry that they know they can sell it again for more. Look online for successful sales of similar jewelry to see what they were priced at and plan accordingly.

Make Sure You Want to Sell

There are few things worse than that sinking feeling you get in your gut once you’ve sold a precious piece of jewelry that you weren’t ready emotionally to sell. Along with knowing what you have to sell and having a realistic idea of what you can get for it, make sure you are emotionally ready before you start selling used diamonds in Atlanta.

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GIA Diamonds International Watch & Jewelry Guild