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The Importance of Diamond Resale Value for Diamond Sellers

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If there is one thing people in the diamond industry are always complaining about, it will have to be that diamond resale values are not that high. Many people get in the situation of buying a diamond from a jewelry shop at a high value only to learn that years after, the diamond has lost a great deal of its value. Usually, the value in percentage that they lose from their diamonds is about 20% or more when the time comes that they want to upgrade or sell their diamonds. For many people, this concept is quite mind-boggling. Are there some ways for you to prevent losing a significant percentage of value for your diamond investment? Before you consider buying any diamonds from jewelry stores, it is vital that you look at factors that will help increase the diamond resale value. To get more info, visit the best diamond buyers. The same goes if you are going to sell your diamonds. Here are a few tips in ensuring high resale value of diamonds before selling them.

Buying certified diamonds is one way to guarantee they have high diamond resale value. Before you invest in diamonds, you have to check if they have a Diamond Grading Report coming from an excellent diamond grading laboratory. In the US, the most well-known diamond grading laboratory is the GIA or Gemological Institute of America. Laboratories like the GIA receive diamonds and do some inspecting and testing on them to certify that the stone is of a particular Clarity, Color, Cut, Carat Weight, and the like. To get more info, visit resale value of diamonds. This certificate serves as a vital tool for customers who are buying diamonds. It is vital because buyers will know the true characteristics of the diamond they are planning on buying and the value too.

At the same time, you need to keep your diamond certificate with you so that you can show the diamond buyer or jewelry store that you intend to sell your diamond to. If you don’t have this proof, you have to take the word of the sales associate in terms of the clarity, color, cut, etc. of your diamond. And this can turn sour because they may lower the resale value of diamonds you are selling to them. The existence of a diamond grading report is the only thing that helps determine the true value of the diamonds you are selling. Only with this paper can you get a proper diamond resale value for what you are selling.

Prior to selling your diamonds to interested buyers, it helps if you look at diamonds similar to what you have. One way to get an estimate of the resale value of diamonds is to act as if you are the one buying the stone. It is not uncommon to find diamond resources on the web that list down thousands of diamonds for sale by description. It is highly likely that one or two of the diamonds for sale are similar to what you have. Look into this diamond further so that you will have a rough estimate of how much buyers or jewelry stores offer for them. Learn more from https://en.wikipedia.org/wiki/Diamond_(gemstone).