One of the most traditional choices is to sell to a pawn shop, jeweler or diamantaire (diamond dealer) at a brick-and-mortar store location. In order to make a profit as a retailer, they will pay you a portion of your diamonds’ retail value, then sell them for a higher price.
Do jewelers buy loose diamonds?
Do jewelers buy diamonds? Yes, jewelers often buy loose diamonds, diamond rings and other jewelry, as well as provide insurance replacement appraisals.
Are loose diamonds worth anything?
The value of loose diamonds does not depend on their age, assuming that they are in good condition. The market value of any loose diamond will depend on the famous “4 C’s”—cut, color, carat and clarity. … A certified diamond is worth more than an uncertified diamond; plus, you save money on appraising.
How can I sell my diamond?
Four Tips for Selling Your Diamond Jewelry
- Know what you’ve got. Just because Granny said her old diamond ring was valuable doesn’t make it so. …
- Set a realistic price. …
- Investigate your selling options. …
- Be emotionally ready to sell.
How do I sell a small loose diamond?
Tips For Selling Loose Diamonds To Get The Best Offer
- Look up the buyer first before going to see them. …
- Cash offers and appraisal values are often not the same. …
- Don’t be pressured to make a quick decision. …
- Understand your diamond and its value. …
- Bring supporting documents and paperwork. …
- Take your emotions out of the sale.
Can I sell my diamond without a certificate?
You can sell a diamond ring without a certificate or grading report. However, the downside is you could potentially receive less money when you sell since it’s authenticity can not be verified. … So without having a certificate, your diamond ring will likely be worth significantly less.
Does tanishq buy old diamond?
All our precious stones are carefully selected to deliver best-in-class quality. So much so, we offer 100% buyback on them at current prices. No wonder we are India’s leading diamond jeweler. We maintain complete transparency in our bills, whether it is sales or exchange.
How much are small loose diamonds worth?
Melee diamonds commonly cost between $300-400 per carat, for melees with an average grade. Higher graded diamonds, such as those with VVS/VS in clarity and higher than H or I in color may cost up to $1,000 per carat.
Which has more resale value diamond or gold?
Diamonds also have strong value retention capability, but only in the long run. Even though gold carries power in terms of inflation and general value, diamonds can often have a higher resale price.
Can I sell a loose diamond?
Loose diamonds can be sold to a few different types of buyers. … These types of buyers are often looking for diamonds of good gemstone quality that will be desirable to customers, so they might be pickier about what they will buy. Alternatively, you might choose to sell your loose diamonds to an online buyer.
What is the worth of a diamond?
Actual Diamond Prices
|Diamond Carat Weight||Price Per Carat||Total Price|
|0.50 Carat||$1,100 – $7,690||$550 – $3,845|
|0.75 Carat||$1,810 – $8,800||$1,360 – $6,600|
|1.00 Carat||$1,910 – $15,650||$1,910 – $15,650|
|1.50 Carat||$2,985 – $22,330||$4,480 – $33,500|
How much are diamonds worth right now?
Diamond Price Chart
|Diamond Carat Weight||Price (Per Carat, Round Brilliant Cut)||Total Price|
|1.0 carat||$2,500 – $18,000||$2,500 – $18,000|
|1.50 carat||$3,300 – $24,000||$4,400 – $32,000|
|2.0 carat||$4,200 – $29,000||$8,400 – $58,000|
|3.0 carat||$7,200 – $51,000||$21,600 – $153,000|
How do I get a loose diamond appraised?
How to Get an Independent Appraisal for Loose Diamonds
- Find a Certified Gemologist. Your first task is to find a gemologist who is qualified to evaluate your loose diamonds. …
- Give your Diamond for Analysis to the Gemologist. …
- Get the Appraisal.
Can you resell diamonds?
Diamonds resell for 25% to 50% of their purchase value. So if you purchased your diamond jewelry for $1500, the resale value will be somewhere near $855-900, depending on the buyer’s preferences. That’s why only rare and big diamonds are good for investments.
What is the smallest diamond worth?
Price of Diamond Chips
A melee diamond of 0.01-0.02 carats (or 1-2 points) can cost between $300 and $700 per carat depending on the stone’s color and clarity as well as the seller (wholesale prices are lower than retail ones).