When you think of selling your diamonds, you must take them first to an expert for professional evaluation. You bought your diamond jewelry for a certain price several years ago, but since then their value appreciated. This means you can make quite a profit by selling your diamonds today. Keep reading to find out more valuable details regarding the professional valuation process.
Diamond jewelry appraisal
The experts will professionally evaluate your diamond jewelry. They will perform a rigorous check and consider each important feature such as the exact carat weight of your diamond, its shape, clarity, cut quality and color. Moreover, the experts will also consider the current condition of the diamond before making an offer. Even though diamonds are the toughest substance, they can be broken or chipped. If your diamond is chipped in any part, its market value drops drastically.
After analyzing the diamond, the experts will have a closer look at the metal your diamond is set in (yellow gold, white gold, platinum, etc.). Depending on the metal setting, the value of your diamond might be higher or lower.
The final valuation quote
The jeweler will offer you a valuation which contains an offer. You can review this offer and accept to sell your diamond or reject it and decide to sell it elsewhere. Typically, the jeweler who performs the valuation will make a highly competitive offer, because he knows exactly where he invests his money. You need to understand that a high-end jeweler is the best person you can sell your diamonds to. He is constantly buying and selling diamond jewelry, so he understands very well the business. Exactly this is why he will make you a realistic offer, and never try to make you undersell your precious jewelry. Also, at the time of the valuation process, the jeweler is very well aware of all important current market trends within the industry, which makes the valuation even more accurate and the offer very fair.
Choosing a specialist
If you want to get the best price for your diamonds and an accurate valuation, you should always work with the best experts in the field. Take your diamonds to a highly reputable and trustworthy jeweler for appraisal, instead of selling your diamond through direct retail where you might expose yourself to certain risks (such as underselling, fraud, etc.). You will need to pay a certain fee for the valuation, but you don’t have to accept the final offer if you don’t want to. At least you will have a top reputable evaluation of your diamond jewelry, and a cost estimate that will help you sell your diamonds in the future for the best possible value.