Values and Appraisals: 3 Tips When Selling Your Diamonds for Cash

by | Nov 4, 2019 | Jewelry

Are you looking to put some extra money in your pocket? Selling your diamonds can be a quick and easy way to get cash, but use these tips to make sure that you know what you’re doing.

1. Understand the Process

You don’t have to be a master jeweler, but you should understand that big diamonds aren’t always better than smaller diamonds. The value of the rock will depend on its cut, color and clarity, and its G.I.A. rating is far more important than how it looks on your finger. Know these things to help you manage your expectations about how much money you’ll get for grandma’s heirloom piece.

2. Talk to the Appraiser

When you get cash for diamonds in Hemet, the jewelry is appraised by the buyer before it’s sold. This is how they determine its value and make you an offer. Again, its original price doesn’t matter, and its appearance is only a small factor in its value. The appraiser can explain these things to you, so don’t be afraid to ask questions until you’re confident about their assessment.

3. Be Smart About Negotiation

Most buyers are willing to negotiate prices, but you’ll need to give them a good reason to do so. For example, you’ll rarely convince them that a piece is worth more just because you say it is. However, if you’re willing to sell multiple pieces as part of a batch transaction, they might be willing to offer a little more per piece.

These are just a few tips and tricks that can help you put more money in your pocket when you’re seeking cash for diamonds in Hemet. If you feel like you’re ready to get started, contact us at Crown Gold Exchange. We take gold, silver, diamonds, jewelry, cutlery and more!

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