selling a diamond?

Question

I have a diamond ring that is appraised at $3,000. Where can I seel it and how much should I expect to get for it?

Answer 1

about 1/2, sad but true

diamonds are like cars the second you take them out of the shop they loose about 1/2 of their value.

good luck!

Answer 2

diamonds are seldom worth anywhere near as much as they should be - because your stone is already in a setting you can be sure that it is worth like three times less than originally paid for - diamond dealers and jewelers are hard businessmen and know that you are stuck with a stone that none will pay value for - the entire jewelery industry is probably the most dishonest industry in the world and has always been this way - diamonds are not actually rare at all, they just artificially keep it this way to ensure that when you go off to buy a ring you pay top dollar - but this all changes when you in turn try to sell it on - sad but true. The only time this dishonest imbalance does not exist is when you own a 'known diamond' , one that actually has something special about it, and even then you'd be hard pressed to get its so called true full value.

Answer 3

Appraisals aren't the "selling price" value, they're the approximate replacement cost if you had to buy the exact same piece on a moment's notice - no shopping around, no sale, nothing. That's why they're always higher than the "real" value. Try looking on EBay and compare your ring's qualities (carat, style, shape, colour, cut, clarity) to get a good idea of what you could get. You're likely better off going to a reputable shop rather than EBay since most people won't pay top dollar for something they can't see or touch first.

Answer 4

Appraisals are for insurance purposes and are NOT the true "value" of the diamond. You could try ebay but your best bet is to take it to the jeweler you purchased it from and trade it in on a nice watch... might I suggest a Tag Heuer!

Answer 5

huge depreciation on them unfortunately . Best is find a friend . Next place an ad in a local newspaper . Lastly take it to a jeweler and do not forget the KY Jelly cause you are gonna need it . If you got a $600.00-750.00 I think that would be alot . Good luck .

Answer 6

Guide to Selling a Diamond

I suggest to stand outside fancy restraunts and wait for that rich "Forgot our wedding anniversary for the third time"husband/wife to come running out..

Approach cautiosly.
Not to freak him/her out becuz hes probably already flustered because his wife has already threatened to publish those "darn incriminating pictures"...........

Then become an Anniversary hero and offer him ur diamond to please the misses/mistress or husband(whichever applies, works for both)

Hopefully, depending on his desperation, he will buy the diamond at whatever price u desire.
To up the price Repeatedly say stuff like

"Trust me, i kno what im doing, Jennifer Lopez is my regualr customer . i cant blame her,she gets confused with her multiple anniversary dates..she is a very satisfied customer.where do u think she got that watch for ben on her music video? yeah ...all me.."

With added charm and reminders of his unhappy "special sum1"
ull be fine.
>_^
Results may vary.
End of Guide.

Answer 7

Many cities have estate jewelers who will buy it. Look in your yellow pages.

Appraisals are notoriously inflated. Check with several jewelers before you sell but I would bet you'll get $1800 more or less.