How to Sell Diamonds

How to Sell Diamonds in Houston, TX

How Can I Sell My Diamonds

How can I sell my diamonds? Selling your diamonds is a great way to earn some extra cash, but the process can be daunting. Understanding your options before you sell helps you get the best price for them. You can get the most out of your selling experience by having your diamonds appraised and choosing the right type of jewelry buyer.

Find a Qualified Appraiser

A professional appraisal is important, especially if you believe your diamonds are worth at least $2,000. Many professional appraisers belong to an association that can help you find a certified appraiser in your area. You can look on a website to find appraisal associations specializing in gemstones.


Let the Appraiser Know Your Intentions

When you are having your diamonds appraised, it is important that you let the appraiser know what your intentions are and that your goal is to sell your diamonds. This enables them to provide you with a more realistic idea of your diamond’s resale value.

Gather Information

Gather as much information as possible about your diamonds to put yourself in a better position to obtain the best price for them. Additionally, you should try to find out about certain factors that can affect the value and desirability of a diamond while you are having your diamonds appraised.

Information About Setting

If you have some diamonds set in a piece of jewelry, this can also impact the desirability and value of your diamonds. Find out what the setting is made of, the condition it is in, and how old it is. If you have this information, share it with your appraiser to help them better understand your pieces.


Get it in Writing

Be sure to ask your appraiser for a written report and a sealed statement of value. The report should have information that clearly explains how the value of the diamonds was assessed and should also discuss the reason for the appraisal.

Prices

When setting prices, make sure you use the appraised value as a starting point. You must also remember that potential buyers are probably looking for a good deal or trying to make a profit by reselling the diamonds.

Finding a Diamond Buyer

You can easily sell your diamonds to a jewelry dealer (like, say, Sherman Diamonds) if you are in a rush. Be sure to check the company out via the Better Business Bureau. You can also try selling your diamonds via a consignment shop since they tend to offer better prices than other dealers. They will sell your diamonds to you instead of buying them and take a percentage of the sale price.

Finally, you can try selling your diamonds directly to the public on various sites such as Craiglist, Etsy, or eBay.

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