Diamond Selling FAQ

You have a diamond that you have decided you are going to sell. So what is the next step? First you must find a reputable estate diamonds buyer. You can find a good company through word of mouth or searching the internet. Websites like Yelp are good sources to look at reviews from past customers. In addition, friends can usually suggest a good buyer. However, it is completely normal to speak with a few different diamond buying companies to compare offers. Following are some questions you might have about the process. By following some simple rules, you can ensure that you will get a fair price for your Los Angeles engagement rings, loose diamonds, or estate jewelry.

How do I know that I am being offered a fair price?

Before calling a company to sell diamonds, make sure they have GIA certified gemologists available for an appraisal. GIA certified gemologists will use GIA standards to inspect the 4 C’s – cut, color, clarity, and carat – of your diamond. In addition to being GIA certified, your diamond buyer should know a lot about the market and be able to answer all your questions related to diamond buying and selling. For example, your Los Angeles Diamond Buyer should be a member of groups such as Rapaport Services, Polygon, and the Internet Diamond Exchange. These are industry-standard organizations that allow members to access the latest information that will affect the market value of your diamond.

What Exactly is a Certified Gemologist?

A Certified Gemologist must not only be familiar with all GIA standards, but must also be a member of the American Gem Society. In order to obtain this title, an applicant must be familiar with colored stones and their identification, as well as diamond grading and appraising. He or she must pass several written examinations, pass a diamond grading examination, and pass a 20-stone gem testing examination without error. When you look for this qualification in a diamond buyer, you can be assured that you will have an accurate appraisal for your diamond or diamond jewelry. Most American Gem Society certified members will have the logo posted somewhere on the website. In addition, you can visit the American Gem Society website to find a reputable member.

Does My Diamond Need to Have a Certificate?

If you are buying a diamond, you should definitely make sure it has a certificate from a reputable gemology organization. If a jewelry store offers to sell you a loose diamond without a certificate, you are buying the diamond based only on the salesperson’s claim about its quality. On the other hand, if selling loose diamonds or bridal rings Los Angeles residents don’t necessarily have to have a certification to go with the diamond. Most companies will have appraisers who can determine the price. However, if you do have a certificate, it is a good idea to show the buyer when you are selling the diamond.

[NOTE: If a jewelry store offers to sell you a loose diamond without a certificate, keep in mind that it means you are buying the diamond based only on the salesperson's claim about its quality, and that a trained gemologist or even other jewelers may disagree with the salesperson's assessment.]

Selling Diamond Jewelry is Easier than Ever

When looking for a diamond buyer Los Angeles residents often find themselves confused as to the best way to go about their search. Buying jewelry is hard enough, but selling jewelry is even more difficult because there is no set price for any jewelry or loose diamonds. Many places will just expect a person to accept their offer even if it is not a good deal. However, by shopping around, one can often get several offers and compare them. Some jewelry buyers put pressure on their customers to accept their offers but it is important to make sure to get the best deal!

Some people will say that one should hire an appraiser before selling diamond jewelry. If the diamond looks extremely valuable, this may be a good idea. One does not have to hire an appraiser, but if he or she endeavors to sell the diamond by themselves, they should have factual information about the diamond upfront. The color of the stone, the carat weight and when it was made are all good things to know before selling.

Some people prefer to sell their diamond online. Today, many Los Angeles diamond buyers have special tools on their website to help consumers describe the diamond effectively. Some websites will have a page where you can select a diamond’s color, clarity, weight, and submit a photo. This will help the appraiser to accurately price the diamond. In addition, if selling a diamond online, some people prefer to use Craigslist or EBay. This can be a good way to get rid of a diamond quickly for some quick cash, but it can be very dangerous! There is no way to know whether or not one is getting a good deal. For some people, they just want any sum of money quickly. However, if one is really interested in getting the money that their diamond is worth, there are much better ways to go than selling online.

A good way to sell diamond jewelry is to go to a diamond retailer. For example, when looking to sell diamonds Los Angeles residents often go to the Diamond District downtown. This way it is very easy to compare different prices as the shops are all in close proximity to each other. In addition, some people working at these shops are professional appraisers. By visiting a diamond buyer Los Angeles residents can obtain information directly from the retailer and can get money for their diamond right away. This is recommended by most diamond buyers because not only can they appraise the diamond right away but the seller can receive money immediately. Finally, when visiting a diamond buyer, it is often very helpful to bring any appraisal papers or certifications that may have come with the jewelry. This will help the appraiser to more accurately price the diamond.