In almost every case, this doesn’t match up with reality. This markup can vary depending on where you buy the diamond. Let’s see how diamonds are valued and how you can estimate the price they can fetch if sold.There are four main criteria that determine how much a diamond is worth: color, clarity, cut, and carat weight.If you decide to get an appraisal, the document will usually include grades for the stone’s clarity, color, and cut, as in a grading report.It is highly recommended that you get your stone graded if it does not come with a certificate.You can also get your diamond appraised by a certified appraiser who is also an expert gemologist.Although you most likely won’t be able to sell the stone at its market price, the appraisal can serve as proof of value that will allow you to argue for a higher price.And many jewelers don’t buy diamonds for cash, or if they do, they will usually pay you an amount lower than the store credit they would be willing to give you.As a rule, the further a buyer is from a retail point of sale, the less money you are likely to get.Before determining a diamond’s resale value, you should have some idea of how such stones are priced.
To explain this, we need to go into a bit of detail about how the supply chain for diamonds works.This means that you won’t ever make money reselling a diamond that you purchased new from a jewelry store. When you purchase a diamond from a jewelry store, you not only pay the market value for the diamond — you also pay the markup added to the price by the retail store that’s selling you the diamond. Because no two diamonds, vendors or potential buyers are the same, there’s no precise answer to this question. Obviously, retail jewelers don’t mine, cut and polish their own diamonds. However, the reality is that investing money in just about anything else would have produced a better return on investment over the same period than purchasing and keeping a diamond.Once you account for the retail markup you pay when you buy a new diamond and the difficulty of selling a diamond back to a jeweler at its true value, it becomes very unlikely that even a high quality diamond will appreciate in value in a practical sense.All diamonds, from the center stone of an engagement ring to a pair of diamond earrings, have resale value. Use our diamond price calculator to estimate the value of a diamond based on color, clarity, carat and more. Instead, they buy them from a wholesaler, who in turn buys them from a diamond manufacturer.
In such a case, our advice is to collect several quotes and compare them because prices offered can vary wildly.Retail prices are only part of the story, though, as they are not a reliable indicator of how much you could sell your diamond for.Usually, you will get much less for your stone should you decide to resell it.In general, diamonds whose measurements allow them to capture and reflect more light, resulting in greater sparkle, are graded higher on cut.To determine the value of a diamond, first make sure you know how its color, clarity, and cut are graded, as well as how much it weighs.If you’ve decided to sell your diamond but don’t know what its resale value is, perhaps this article will help you. All diamonds, from the center stone of an engagement ring to a pair of diamond earrings, have resale value. We are very competitive in our valuations, but many factors go into pricing specific diamonds.
Diamond prices fluctuate over time. Even if the store buys it back from you at 100% of its new market value, there’s a significant markup placed on the new diamond that you won’t get back. We are a team of diamond experts who will teach you to identify scams and avoid spending money on features you can't see.
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