There are several different options to sell diamonds. The net could be a big resource. E-Bay and also Craigslist are wonderful places to put up the pictures. You could use the bidding system or put up a price tag. Social network might be used as well. And, you can discover lots of sites which are ready to buy diamonds. Off line methods to sell diamonds are newspapers advertisements, referrals, and also checking with nearby jewelry stores. Second hand retailers are hardly ever a good option. The price they’re willing to pay would be lower than wholesale dollar value.

Before selling diamonds various essential research is required. Get an appraisal and ask for a Rapaport value. It is going to provide the highest possible price a diamond can sell for. A person selling the “used” diamond is not going to get this value but it is helpful info. Furthermore, the original retail price might have had a mark-up up to 200% over the jeweler’s wholesale price.

In case you are reselling diamond by yourself, you must never meet a potential unidentified buyer at home. You should always pay attention to your diamond when you are with potential buyers.