You will discover several different ways to sell diamonds. The internet can be a big resource. Craigslist as well as E-Bay are great places to put up the photos. You could use the bidding system or place an asking price. Social networking could be employed also. And, there are actually numerous web sites which are ready to buy diamonds. Off line approaches to sell diamonds are newspapers classified ads, referrals, as well as checking with nearby diamond jewelry retailers. 2nd hand stores are hardly ever an acceptable option. They would only pay less than wholesale dollar value.

Prior to selling expensive diamonds certain required research is necessary. Obtain an assessment and ask for a Rapaport value. It’s going to provide the highest possible price a diamond could sell for. A person reselling the “used” diamond is not going to get this value but it’s helpful details. Also, the original retail price might have had a mark-up as high as 200% over the jeweler’s wholesale purchase price.

In case you are selling diamond by yourself, you should never meet any potential unknown purchaser in your home. You ought to in no way allow the diamond get out of your sight as well.