Selling diamonds can be complex as most of us do not know where to start. There are a lot of things that make a diamond selling process intense and intimidating. This affects those who are willing to sell a diamond in case of emergency or for reinvestment. Besides knowing the worth of your diamond, it is also important to prevent yourself from getting duped or any other personal safety concern. If you aren’t experienced diamond jewelry buyer or have someone to guide you, the entire process can be very overwhelming. However, it isn’t impossible to learn a few things about the trade to ensure you get the right worth for your piece. Here are few tips that make diamond selling easier and help you make the best money from your expensive asset which would collect dust otherwise.
There are a number of elements that affect the resale value of your precious stone. Primarily, the 4Cs, Carat, Color, Clarity and Cut are the most influential factors. However, for a layman, understanding how each of these factors affects the resale price is a complex deal. If you are selling a piece using the venerable standards of GIA (Gemological Institute of America)
the color and clarity factors may carry a lot of subjectivity concerns.
Often customers get confused with the minor color difference such as a G (clear color) & H (diamond in a light yellow tone). Also, it is noticed that people often misinterpret cut for shape. While the shape is a visual representation, cut offers the insight of the dimension and thus the brilliance which effects the value significantly. This makes you confused with your choices for where to sell diamonds near me.
Any diamond sold in India has to be IGI- International Gemological Institute or SGL (Solitaire Gemological Laboratory) approved. If you have a diamond that has an IGI of SGL mark it is 100% pure and real. This gives you more knowledge about the net worth of your precious stone.
Now, this is where you get two choices. First, you can sell your diamond to a private party, second, you may approach an authentic diamonds jewelry buyer near you and sell them the stone. While you can sell your diamond to a private party to reap higher profits, there are chances you can get duped. However, if you approach a reliable second-hand diamond buyer in Delhi, you can get the best deal for your precious belongings.