There are several different options to sell diamonds. The internet is a large resource. E-Bay and Craigslist are excellent sites to put up your photos. You could make use of the bidding system or put up a price tag. Social networking might be utilized also. And, there are actually numerous internet sites which offer to buy diamonds. Off line ways to sell diamonds are local newspaper ads, person to person, as well as checking with nearby jewelry retailers. Second hand stores are not a fair option. They would likely pay pennies on the wholesale dollar value.
Prior to selling diamonds some essential footwork is needed. Get an appraisal and ask for a Rapaport value. It will give the highest possible price a diamond could sell for. An individual selling any “used” diamond will never get this price but it’s valuable info. Also, the original retail purchase price may have had a mark-up up to 200% over the jeweler’s wholesale cost.
In the event that you are selling diamond by yourself, you shouldn’t meet any potential unknown customer in your home. You should by no means let the diamond get out of your sight as well.
