You will find a variety of options to sell diamonds. The net can be a huge resource. E-Bay as well as Craigslist are great sites to place the photos. You can make use of the bidding system or put up an asking price. Social media can be used as well. And, there are actually numerous internet sites which offer to purchase diamonds. Off line methods to sell diamonds consist of newspapers advertisements, person to person, and checking with neighborhood jewelry shops. Second hand shops are not a fair option. The price they’re willing to pay will likely be under wholesale dollar value.
Prior to selling expensive diamonds some essential footwork is necessary. Get an evaluation and ask for a Rapaport value. It is going to offer the maximum value a diamond can sell for. Someone selling a “used” diamond would not get this price however it’s useful information. Additionally, the original retail purchase price might have had a mark-up as high as 200% over the jeweler’s wholesale purchase price.
In case you are selling diamond yourself, you shouldn’t meet a potential unfamiliar purchaser in your home. You should never let the diamond get out of your sight too.