In this quick article you will learn about the best way to sell your diamond in order to get the most honest price for your precious jewelry. So…let’s get right into.
The diamond prices have really soared since 2011, increasing by 49% in the first year and by 19% is the following years. The prices have risen in response to the increasing demand of diamonds in China and India. As a result, diamond jewelry shops owners are purchasing diamonds from the public more readily, and willing to offer a better price for diamond rings, earrings and other articles.
If you do not know where to sell diamonds, you can start with the gold stores. They are purchasing diamond jewelry these days too. You can look at online options too, but you should do your homework to get the right price, because unlike gold, diamond does not have a melt value that can be quantified. So, the resale of diamonds has no objective value as such, and inexperienced sellers can often be caught in a deal with benefits the buyer more than them.
Okay, But Who Should You Sell To?
You can get the value and condition of your diamond jewelry assessed from an unbiased and qualified appraiser, preferably someone who does not deal in sale and purchase of diamonds. This will help you get a fair opinion on the characteristics and worth of your diamonds, along with its positive and negative attributes, so you can determine the correct price for your valuables. But if you are on a limited budget and do not want to spend money on an assessment, you can simply get a free price assessment from a diamond buyer or pawnbroker. Comparing the offered price from two or three brokers will help you in determining the right sale price for your diamond jewelry and earrings.
Sell Diamonds Fast
If you want to sell your diamonds quickly, set a realistic price that will save you from the disappointment and give you a good bargain for your jewelry. You also need to consider the fact that the jewelry is pre-worn, so you should set your expectations accordingly. You can sell your diamond jewelry in the open market or you can choose a specific buyer. But you will have to exercise your negotiating skills to get the best price possible.
There are many websites and pawn shops that let you list or sell diamond jewelry to them. Mister Money Bags is a fair and honest appraiser that purchases pre-owned diamond jewelry, earrings and rings. They pay a good price for your diamond possessions, and the transaction does not take a lot of time to complete. There are other ways to sell your diamond jewelry as well like through an auction. But there might be a commission fee that you might need to pay for the sold items.
Selling your diamond jewelry can be a hard and emotional decision. So be prepared for it, and be ready to let go of your valuable possessions. Mister Money Bags purchases many valuable collectibles, and treats such items with great care. So when you sell your diamond rings or jewelry to Mister Money Bags, you can be sure that it is going to go to a good place.
See what others have to say!
“Jim was absolutely amazing, extremely personable and had a fast response !! I got the great cash value for my wedding ring. I will definitely do business again and would highly recommend Mister money bags, he is the best you’ll find in Cleveland, contact him for all of your jewelry sale needs!”
“James was awesome!! I got the BEST cash value for my 12 year old wedding ring. I will definitely do business again and would highly recommend Mister money bags for any trade ins and purchases!!!”
“I went to mister money bag with some jewelry that was left to me from a family member. I must tell you I was completely surprised wasn’t looking for that much had money left over for a large steak dinner after paying all my bills . Thanks mister money bag big G”