Tag Archives: Sell Diamond Ring

How ‘Cash For Diamonds’ Works

how to get cash for diamonds?
how to get cash for diamonds?

Today, as many Americans struggle to make ends meet, ‘Cash for jewelry’ advertisements seem to call out from every newspaper and hoarding as if they have something to sell. Engagement ring owners can testify that diamonds normally sell themselves. So why are there so many people keen on offering you money to buy them back from you?

The answer is simple. If you have any jewelry to sell diamond ring dealers accept loose diamonds, brooches with broken clasps or any other sort of diamonds that they can mend, reset or restore to sell profitably. This is a great way of reusing broken jewelry and it does not hurt that jewelers pay top dollar for these diamonds. However, what online ‘cash for diamonds’ or ‘cash for jewelry’ companies do, is attract attention with their promises of fast cash, after which, they sell engagement ring owners on the idea of parting with their rings  for a pitiful amount and later sell the ring to diamond jewelers  for  a tidy  profit.

Sell Diamond Ring securely

If you want to sell diamond ring, then the best thing to do is to contact a reputed dealer who can help you get the most cash for diamonds. A dealer with an A+ rating from the Better Business Bureau is one which has fair and transparent practices, and will not cheat you in your transaction. However, this usually means a trade-off between ease and security.  Most online diamond buyers can offer you a completed transaction with a few clicks of a mouse, but fewer will give you actual cash for jewelry unless they first see and evaluate it firsthand.

Aside from this, online dealers are also at the mercy of hackers and unscrupulous people who may intercept your money or diamonds. There are also a few scam artists who create fake diamond dealing websites, forge good reviews and rob people blind. The best things a novice can do is gain information online but  only sell engagement ring, heirloom jewelry or other precious items in person, so as to avoid being cheated.

Convenience Meets Confidence

We, at Estate Large Diamond Jewelers recognize the importance of security. That is why we have a number of diamond appraisers located all over America and offices in key states such as California and Nevada, ready to meet you in person and evaluate the true worth of your diamond.  However, if you would like to have your cake and eat it too, we also have an easy, three step process to get your   diamond appraised in the shortest time possible. All you have to do is log on to https://estatelargediamondbuyers.com/, and look for the ‘free quote form’ on the right hand side, and follow the following three steps:

  1. Fill in the form with all the relevant details about your diamond or diamond jewelry. This is an important step, as it will help us evaluate the value of your diamond, which will help us take proper measures to getting your diamond adequately cared for during transit.
  2. Let our qualified Diamond Appraisers contact you and evaluate your diamond. We take pains to ensure that we come to you and do all the work. All you have to do is sit back and wait for step three:
  3. Get cash immediately for your diamonds, as soon as they are verified.

With such a simple, safe process, the sensible choice to get cash for jewelry is to contact us right away.  The sooner you contact us, the sooner you get cash for your diamonds.

Mistakes To Avoid When You Sell a Diamond Ring

sell diamond ring
sell diamond ring

When you buy or sell diamonds or diamond jewelry, it is only natural to look for the most trouble-free experience. For many, the search for the perfect deal is often rife with difficulties as many diamond buyers offer a lot of incomprehensible jargon-filled information or none at all. Before you sell your diamond, it is important to understand how a buyer evaluates them. This knowledge will help you to sell your diamonds and diamond jewelry safely and for better prices. Here are some of the common mistakes that people make when selling diamonds and how these may be avoided:

  1. 1.       Be Wary of Online Valuation –While testing gold, silver or platinum for purity and value is relatively easier, the value of a diamond cannot be determined by an online marketplace or auction. Most of these online companies do not carefully inspect your diamond in person before making you an offer. Choose a diamond buyer who will inspect your diamond in person before quoting a price.
  2. 2.       Expert Credentials – The lack of transparency and low awareness levels have led several diamond buyers and merchants to make the claim of having ‘certified diamond experts’ or ‘certified jewelry experts’ who will examine your diamonds. Before you place your diamond in the hands of such an ‘expert’ it is vital to make sure that the person is a certified Gemologist from the Gemological Institute of America.
  3. 3.       Cut or Color – More often than not, it is the cut of a diamond that determines its value. Even if a diamond is a D or E grade and has a poor cut, its value depreciates significantly. Similarly, even if your diamond is a colored diamond but with a superior cut, it could fetch a much higher price. An experienced diamond buyer such as Estate Large Diamond Buyers will be able to correctly value the cut and color of your diamond even if it is set in jewelry.
  4. 4.       Fabulous Offers – There are several merchants who may claim to offer far higher rates than any other merchant irrespective of the color, cut, weight and clarity of your diamond. This is only possible by reducing their profit margins or by incorrectly grading the stone. In some cases, a trader may try to persuade you to sell a diamond ring by stating that they offer the highest price in the market. This is a signal for you to seek a second opinion as the trader may be attempting to secure a D (highest quality) diamond by telling you that your diamond is of a lower quality.
  5. 5.       Fake Certificates – In some cases, a diamond buyer may offer to ‘certify’ your uncertified diamond. Ensure that your diamond is certified by a GIA authorized certification lab before you sell it. If your buyer offers to certify the diamond, be sure that it will be GIA certified.

Estate Large Diamond Buyers are a Better Business Bureau (BBB) A+ certified diamond firm with over two decades in the purchase and sale of large diamonds. With nationwide coverage, this Los Angeles-based firm offers services across the country with focus on the Western and Midwestern United States. At Estate Large Diamond Buyers, you can confidently sell diamond jewelry for their true value without having to worry about the pitfalls of unscrupulous traders and dubious trade practices.

How to Sell a Diamond Ring at the Best Price? Contact Call Estate Large Diamond Buyers at (888) 513-3303 Now to Get The Best Deal!

Where To Sell Diamond Jewelry for Cash ?

sell jewelry for cash
sell jewelry for cash

In any family diamond jewelry is always highly prized. They are almost always bought on special occasions and therefore have a high emotional value attached to them. Adding to this is the fact that diamonds are a valuable commodity in their own right. Their prices have soared and their value does not fluctuate much in changing economic scenarios. Therefore when a situation arises, that makes you think of where to sell a diamond or where to sell jewelry, the options have to be weighed very carefully.

Reasons for selling

Before you start asking yourself the question, “Where can I sell my diamond ring?” you should carefully evaluate WHY you are selling your jewelry or diamonds. We at Estate Large Diamond Buyers  have been in the gold and diamond business for more than two decades. The two main reasons for our longevity is our expertise with jewelry and our high priority for customer delight. Apart from getting a low return for a diamond, few things will cause as much unhappiness has realizing you sold a precious gem without really needing to. Some of the most common reasons that get people thinking about where to sell jewelry in Detroit MI, or where to sell diamonds in Chicago IL, are:

  • Debt
  • Mortgage payments
  • Sudden and large hospital bills
  • A relationship ending
  • A failed business venture

While all these are serious problems, you need to carefully consider whether they really warrant a reaction such as you thinking about where to sell diamond jewelry. We advise you to consider selling only if you have exhausted all other options. After you have made up your mind, Estate Large Diamond Buyers are undoubtedly your best option. You can read about all the advantages with us, on our website.

Finding the best buyer

If after weighing the pros and cons, the question in your mind is not “Should I sell?” but “Where can I sell my diamond ring?” we have many good reasons for you to choose Estate Large Diamond Buyers. Here are a few aspects to remember when trying to find the best buyer:

Credibility – Transparency and credibility in their dealings is mandatory when you are looking at where to sell jewelry. The integrity of the buyer must be attested to by previous customers and ideally by an independent business entity. Estate Large Diamond Buyers has glowing testimonials about our expertise and process from many satisfied customers. We also have a coveted A+ rating from the Better Business Bureau.

Flexibility – We are comfortable enough in our present success and presence in the gems and jewelry industry to be able to go the extra mile to help our customer. So with a network spread across the USA, we can come to your doorstep to answer questions when you ask us about where to sell a diamond or where to sell diamond jewelry. To make sure you don’t have to agonize over complex and lengthy procedures when trying to figure out where to sell jewelry for cash, we at Estate Large Diamond Buyers have a simple 3-step process.

How to Sell a Diamond or How to Sell Diamond Rings!

Sell a diamond ring
Sell a diamond ring

Whether you are interested in learning how to sell a diamond or how to sell a diamond ring, you will do well if you read this article.

So your marriage has ended and you find yourself reeling with all the tasks you need to learn how to do that your husband did before. With much ado, you figured out how to start the lawn mower and cut the grass yourself. Pat yourself on the back.

So what is next?

How about emancipating yourself from that diamond sitting in the drawer emitting painful memories. If you can figure out how to cut the grass, you can learn how to sell a diamond and do it intelligently.

The first thing you have to do is get unattached. Forget all the sentiment that once came with it, don’t look at how beautiful it sparkles in the light and start to think of it as cash in your pocket and what great things you’re going to do with all that money.

To Begin: Find a qualified appraiser. Any good diamond jewelry store can guide you in the right direction or contact the Appraisers Association of America. Do not tell the jewelry store you are getting the appraisal because you want to sell the ring. This is just in case you decide to ask them later if they want to buy it, you don’t want them rigging your appraisal so it comes in low.

Check to see if the recommended appraiser is a member of any of these three organizations International Society of Appraisers, Appraisers Association of America or the American Society of Appraiser if so, you can be fairly confident you’ll be getting a good and fair appraisal. You need to keep in mind that the appraisal value is the price to replace your ring; it is not the price you are going to be able to get for it now.

 

Second: Get a diamond dealer to give you a Rapaport price list. This is a wholesale price sheet that tells jewelry stores all over the country the prices they should pay for diamonds. The Report is intended for use in all situations in the diamond market. It is used by dealers who trade in millions of carats every year.

The prices on the Rapaport list are high cash asking prices used as the starting point for negotiations. This will give you an idea of the wholesale value of your diamond. Remember your husband paid retail for your diamond ring; you are not going to be able to sell it for the same price. The Rapaport value is the most you’ll be able to get from a jeweler if you are lucky.

Third: You need to find a buyer and be careful in this department.

  • You can attempt to sell your ring on one of several Internet auction or free classified ad websites but you run into all the complications of who you can trust when it comes time to get paid. There are so many different scams going on these days it is very hard to figure out who you can trust.
  • Steer clear of any ads you see in the paper for companies touting the best price for gold and jewelry. Most of them are bottom feeders paying way below market price to people in desperate need of cash.
  • You can take your ring to several reputable jewelry stores and if you find one that offers you 60% to 80% of the diamond’s Rapaport value, that would be fair.
  • If you sell your diamond through a local newspaper classified ad, tell the buyer you’ll meet them at your bank to make the transaction. You don’t want them to know where you live in case they are looking for someone to rob. You also want the bank to assist you in identifying counterfeit money or bad checks, etc.
  • Forget pawn shops because they will only give you about 10% of the wholesale price. They are just into a quick turnaround.
  • Your best option is to sell a diamond to a friend or family member. Hey, maybe you can sell it to your Ex for his next wife.

 

Now that you are knowledgeable about how to sell a diamond, you will always be able to negotiate better and get the best price for your diamond or a diamond engagement ring with confidence – just like a diamond professional.

People trust for Selling Diamonds  at the Best Price. Contact Call Estate Large Diamond Buyers at (888) 513-3303 Now to Get The Best Deal!

Good Luck.