How much can you resell a diamond for?
Diamonds resell for 25% to 50% of their purchase value. So if you purchased your diamond jewelry for $1500, the resale value will be somewhere near $855-900, depending on the buyer’s preferences. That’s why only rare and big diamonds are good for investments.
Do diamonds have a good resale value?
Resale Value: The resale value is how much you will get paid if you decide to sell the diamond. As a result of the retail mark-up and the decline in diamond prices, the resale value is typically well below what you paid. Indeed, diamond jewellery will typically resell for 25% to 50% of the purchase price.
How do you determine the resale value of a diamond ring?
Usually, you will get much less for your stone should you decide to resell it. So, to figure out the resale value of your diamond, multiply the average retail price of similar stones by 20%-40% to get an estimate of the amount of money someone would pay to buy the stone.
Where can I sell my diamond online?
Where to sell diamonds online?
Pros | |
---|---|
Online Consignment | Results can be good if you can find the right platform |
eBay | Its a large platform with a lot of users |
Craigslist | The cost of selling is very cheap |
Online Pawnbroker | Good for very low value items |
How can I sell my diamond?
Sell your diamonds through a consignment shop.
- Look for a consignment dealer who specializes in gems or estate jewelry.
- Make sure you find a dealer with good references and reviews.
- Most consignment dealers will take a 25-40% commission on whatever price they get for your diamond.
Who pays best for diamonds?
The best place to sell your diamond ring
Rank | Name | Offer |
---|---|---|
1 | Diamond specialist | $2,300 – $2,500 |
2 | Local jeweler | $1,500 – $2,000 |
3 | Worthy.com | $1,540 |
4 | ‘We buy gold’ store | $1,300 – $1,400 |
Is Cash for Diamonds USA safe?
Shipments are insured and can be tracked by USPS or FedEx to give you peace of mind. Your items are insured up to $100,000. Within 24 hours of receiving your package, Cash for Diamonds will appraise the diamonds and send you an offer.
Does Cash for Gold USA buy diamonds?
A: Cash for Gold USA buys diamonds. If your material contains diamonds we will have them appraised and offer you our most competive price. Your payout will depend upon the quality, color and carat of your diamond(s).