Sell Loose Diamonds Online – 5 Effortless Steps

What You Need To Know Before You Sell Loose Diamonds Online

A beautiful diamond ring is the perfect symbol of romance and love. A stunning pair of diamond earrings suggests graceful elegance. A sparkling diamond bracelet implies luxury and wealth.

Loose diamonds? Some may see them and imagine how gorgeous they would be when placed into a gold setting. The more common reaction, though, is more along the lines of “There’s money to be made here!”

It’s true. If you sell loose diamonds online, or even to your local jeweler, they could bring a huge return. However, there are some important facts you need to know before you plunge into the sometimes-confusing world of selling loose diamonds.

 

A Quick Primer On Valuing Diamonds

Anyone’s who’s gone through the joy/ordeal of shopping for an engagement ring has heard of the “4 C’s” which are the key components of a diamond’s value: carats, color, clarity and cut.

Carats are crucial, of course, because they determine the size of the diamond, directly related to the stone’s value. Color is a fancy way of describing how “white” the diamond is (if a stone is actually colored red, blue, yellow, green or black, it’s referred to as “fancy” and that’s different than a “normal” diamond’s color), clarity is a measure of imperfections in the stone, and cut is a way to describe the brilliance of the stone due to its symmetry and proportions (and not the actual round, marquise or other shape of the diamond).

Other factors like the shape of the stone, any chips, scratches or damage, and market demand for the types of diamonds you have will also come into play. A trained and expert appraiser knows how to use his years of experience and sophisticated tools to judge all of the “C’s,” as well as those other important factors, to come up with a realistic value for a diamond. Quite commonly, though, an “appraisal” will mainly consist of some quick weight measurements and visual inspections, followed by a glance at the Rapaport Diamond Report (which lists approximate diamond values). It’s important to know who you’re dealing with, and whether you’re getting a quality evaluation, when you want to sell loose diamonds.

 

Retail Value and Cash Value

Question: When is a $10,000 diamond really worth $5,000?
Answer: When you’re being given a retail appraisal and not an actual cash value appraisal. 

Retail jewelers will often tell you what the price of your diamonds would be if you were buying them, not what they’re worth when you’re selling them. And those numbers are very, very different because the retail value includes costs for marketing, markup and profit. What you really need to know is the actual cash value of the diamonds, because that’s what you can expect for them when you sell loose diamonds online. Some jewelers won’t give you that number – or may charge extra for it. When selling loose diamonds, knowing the retail value won’t do you much good.

 

Other Hazards of Visiting a Local Jeweler

Once you get past the question of retail and actual cash value, there’s another problem you can often run into at your local jewelry store or pawnbroker. It’s not uncommon for unethical jewelers to give customers artificially low appraisals, with an immediate offer to purchase at that low amount – even though the true worth of the stones is much higher. It pays to keep your guard way up when going the retail store route.

Finally, a local appraisal may be comprehensive and in-depth, but it could also be a quick evaluation squeezed in between the jeweler’s other duties.

Think about it this way: if you were a jeweler presented with a group of loose diamonds, while at the same time you had three hot prospects in the store who were interested in purchasing expensive jewelry, a ringing telephone, and a workman trying to fix a security camera – would you be able to devote the time necessary to accurately appraise loose stones? Neither would he – especially if thegemstones were relatively small ones between ½ and one carat, and he was also trying to sell a 3 carat ring at the same time. Your diamonds deserve an appraiser’s full attention, which often doesn’t happen at the retail level.

 

The Solution: Sell Loose Diamonds Online

There’s a convenient way to ensure that your stones get the attention they deserve from experienced appraisers who evaluate them for a living: sell loose diamonds online.

A reputable online diamond buyer is set up specifically to fully appraise each and every stone in a collection with no distractions or sales obligations. They’ll tell you the realistic cash value of your diamonds rather than the artificially inflated retail value. And their business depends on their honesty and reputation, as well as building a regular clientele, so you’ll never get the “low-ball” treatment or an insulting offer.

The key is finding the right online buyer.

 

Dimorras: The Right Online Buyer

We’re Dimorras, and we’re one of the top buyers of loose diamonds in the world. Our staff has decades of experience and accumulated knowledge in valuing diamonds, and is devoted to delivering realistic appraisals quickly and accurately.

What’s more, as a major diamond buyer with a network of experts located throughout America and across the globe, Dimorras has developed a large and active network of clients who are anxious to purchase high-quality diamonds. Since we know we’ll be able to sell your stones quickly, we’re able to offer higher prices than any other buyer you can find, local or online.

Let’s be clear. We deal in volume, so we want to purchase your loose diamonds. It doesn’t matter whether they’re certified or not certified, white or fancy colored. We buy all shapes and all colors, whether they’re ½ carat, 25 carats or even larger – no stone is too big, and our budget is unlimited.

The steps to sell loose diamonds online to us are amazingly simple. Just contact Dimorras (through our online form or by phone) to give us as much information as possible about your stone or collection, and we’ll get a preliminary evaluation to you within 24 hours. We’ll then fully insure your stones and pay for the round-trip shipping to our labs for appraisal, and make you an offer that’s not only competitive, but the highest offer you’ll receive anywhere. And if you decide to sell your diamonds to us, you’ll get cash payment immediately.

Even if your final decision is to keep your diamonds, wouldn’t it be nice to know what they’re worth? We can get you a preliminary answer by this time tomorrow. Get in touch today, to get the process started.