So you have some diamond jewelry that you don’t wear anymore. Maybe an engagement ring from a past marriage, old boyfriend jewelry, or jewelry left to you by a parent or loved one. How can you sell these items and get the most money out of them? At Sterling & Knight Jewelry & Pawn, our goal is to help you get the money you need. The following are some tips on how to get the most money when selling diamonds.
First of all, the more knowledge you have the better. Do you have paperwork on the diamond? Old appraisals, receipts and certifications are valuable resources. As a gemologist and jewelry buyer with over 30 years of experience, one of the first questions I ask customers when they are trying to sell me diamonds is do they have any information on the diamond. Most diamonds that people are trying to sell are mounted, so the buyer will have to measure the stone to determine the carat weight. Depending on how the stone is mounted, getting an accurate weight can be difficult. How the stone is mounted can make determining clarity and color difficult as well.
When I am buying a diamond, I will do all of my own measurements and calculations and then compare them to any receipts of certifications that the customer may have. If my calculations agree with the customers info it gives me added confidence that the diamond will weigh what I think it will once it is removed from the mounting. This allows me to offer more money.
The second action item is for you to get more than one offer, and look into the reputation of the people you are dealing with. With online sources such as Google and Yelp, it is easy to find out what other customers think of the local jewelry buyers in your area. You can see what our customers think of us by clicking here, or just Google us and see what others are saying about us.
Third, remember that Sterling & Knight Jewelry & Pawn is the home of the “Best Price Guarantee“. We guarantee that we will beat any written offer by 10%! Some restrictions do apply, so click on the above link for all of the details.
Hopefully these tips have been helpful. If you have diamonds to sell, or would like to use them as collateral for a loan, get your information together and bring them in to see us. We will be happy to serve you and help you get the money you need!