Diamond jewelries are a great heirloom, but there are times that you have to let them go especially in circumstances where you have to because it’s a necessity. If you plan on selling a diamond jewelry because, for a certain reason, you should take some considerations first to ensure that it won’t be a total waste even after you’ve let it go. To ensure that the selling of your diamond jewelry transaction flows smoothly, here are some tips that you need to consider first.
Know what you’ve got – Even though one of your family members may have given you an old diamond jewelry and claim that it’s valuable, it doesn’t mean that it is. In fact, there’s no even telling that it may even be a real diamond in the first place. To ensure that the diamond you will be selling is indeed genuine, you must acquire an accurate picture of its authenticity and quality. You can go to a qualified appraiser so that they can provide you with an unbiased opinion of the gem’s characteristics and condition, as well as any attributes that may affect the stone’s value. So make sure to have an expert assess your precious diamond before you rush it out on the market.
Set a realistic price – Since it’s an heirloom and they claim that its valuable, you might have set high expectations regarding its price. However, setting these unrealistic price expectations may lead you to disappointment especially when you find out its true market value. The best way to authenticate the price of your diamond jewelry, you must have it appraised so that you’ll know the gem’s price in specific circumstances and markets. Another way of finding out about the price is for you to look it up on eBay that sells a diamond jewelry with similar characteristics. Also, since it is pre-worn, you can also factor in a discount so that many customers will be more interested in buying your piece.
Be emotionally ready to sell – Since diamonds are famous for being a symbol of passion and love, it may be a bit hard to depart from them. Before you even think about selling, make sure that you leave out all emotions to avoid deep regrets later on. Being too sentimental about its value may increase the price of the diamond in your eyes but a potential buyer won’t be too moved by it. So it’s always best to create a mindset that’s ready to sell a diamond instead of selling it with too much sentiment attached to it.