Archive for the ‘Jewelry’ category

Learn About Reselling Diamonds

January 18th, 2012

You can discover numerous methods to sell diamonds. The net can be a big resource. Craigslist and also E-Bay are fantastic sites to put up the pictures. You could use the bidding system or place a selling price. Social network could be used as well. And, you could find a variety of sites that offer to purchase diamonds. Off line methods to sell diamonds include local newspaper ads, person to person, and also checking with nearby jewelry retailers. 2nd hand retailers are rarely a good choice. The price they are ready to pay would be less than wholesale dollar value.

Before selling diamonds various required research is required. Get an assessment and request a Rapaport value. It will give the highest possible value a diamond could sell for. A person reselling any “used” diamond will not get this price but it is valuable information. Additionally, the original retail price might have had a mark-up as high as 200% over the jeweler’s wholesale cost.

In case you’re reselling diamond on your own, you should never meet a potential unidentified buyer at home. You will by no means allow the diamond get out of your sight too.