Helpful Tips to get Cash for Diamonds

by | Nov 19, 2014 | Loans

There are a number of reasons that you may decide to sell your fine jewelry and diamonds. No matter the reason, you should not begin this process without some information. When trying to get Cash For Diamonds you need to use the tips here to ensure you receive a fair price for the items that you have.

Know What it’s Worth

Once you have decided to sell your jewelry or diamonds, you need to find out what it is worth. The fact is that your jewelry will be worth what someone is actually willing to pay you for it. However, there is a difference in the market value and the appraised value. The majority of appraisals will not be a valid indicator of the jewelry’s or diamond’s worth. In many cases, you may only receive between 10 and 20 percent of the total appraised value. When you are trying to get Cash For Diamonds the appraisals will not be as important as the clarity and the color of the stone.

Grading Certificates for Diamonds

If you have a diamond that has come with a GIA certificate, which is issued from the Gemological Institute of America, then you will be able to have a valid offer emailed to you or given over the phone. While there are a number of other grading labs for diamonds, the GIA is the one that is most consistently accurate. If you have a diamond that is likely worth more than $5000, then you should consider having it certified by the GIA prior to selling.

If you want to sell your diamonds quickly, one of the best places to visit is a pawn shop. These places are constantly purchasing jewelry in order to turn around and sell it for a profit. Major Pawn will provide you with cash for your jewelry and diamonds, typically in the same day. This will give you the money that you need or want and allow you to be rid of the jewelry or diamond that you no longer want Keep in mind, these pawn shops are in it to make a profit, which means you will not receive the full appraised value. Get is touch with us for more INFO!

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