Category — Diamonds
How to Sell A Diamond
There are many reasons why you may want
to sell a diamond that you own. Perhaps
you’ve gotten divorced, or you are strapped
for cash. The reasons why don’t really matter
– getting the best possible price is what
counts! The way to obtain the best price
for the diamond is to not be in a rush. Slow
down, and carefully consider all of your
options – there are many.
First, have the diamond appraised. In fact,
have it appraised by two or three jewelers to
get an accurate idea of the diamonds value.
Tell the appraiser that you want the Rapaport
Value. This is the wholesale value of the
diamond, and it basically tells you the highest
price that you can sell your diamond for. If your
diamond has no certificate, you should
consider getting a certificate from GIA. This
may help you get a better price for the
diamond as well.
First, try to sell the diamond yourself, to
people you know. Friends and family
members may be interested. If you don’t have
any luck with friends or family members, you
should turn to outside sources. Absolutely
avoid pawn shops! A pawn shop will only offer
you about 10% of what the diamond is worth!
Also avoid offers of selling the ring on
consignment. There are many things that
can go wrong, and there is no shortage of
diamond scams – even in well known
jewelry stores.
If the diamond is important, you should
strongly consider auctioning it off through
one of the famous auction houses, such as
Christie’s or Sotheby’s. If it isn’t what is
considered an ‘important’ diamond or a
high-end diamond, you should try to sell it
to an individual using classified ads, or even
eBay. However, selling to an individual that
you do not know could put you in danger –
especially if the diamond is worth a lot of
money.
Your final option should be a jewelry store. It
is vital that you not let your diamond out of
your sight while in the jewelry store – you
might find that the diamond you walked in
with is not the same diamond that you walk
out with! The jeweler will try to tell you that
your diamond is of poor quality or low
weight. Inevitably, there will be some
problem with the diamond. This is where
your appraisal and/or certificate will come
in handy.
If the jeweler is fair, they will offer you
between 60% and 80% of the value of the
Rapaport Value. Do not accept anything less
than this. Again, do not let the diamond out of
your sight until you have been paid for it.
November 14, 2009 No Comments
How to Clean your Diamonds
Through our day to day movements our
diamonds get smudged and soiled. Even
when we are not wearing them, they collect
dust. Lotions, soaps, our natural skin oils,
can cause film and grime on diamonds
and inhibit their brilliance.
Want to keep that Brilliance and Shine?
Diamonds require cleaning so that maximum
amounts of light can refract fiery brilliance.
Remember that all it takes is a few minutes
and a little care to keep that diamond as fiery
as the day you first saw it.
You can use an small soft brush such as an
eyebrow or lip stick brush and soap and
water to clean your jewelry. Simply make a
bowl of warm sudsy water with a mild
detergent and place your pieces in the
mixture. Then brush the diamonds with the
soft bristles of the brush while they are in
the suds. You will need to make certain that
you rinse them clear of the suds after
cleaning them. You can use a small kitchen
strainer such as a tea strainer to contain
them while rinsing under warm water. Use
a lint free cloth, or a jewelry polish cloth to
pat them dry.
If your diamonds are in need of a stronger
cleansing, you may want to soak them for 30
minutes in a solution of half and half water and
ammonia. Once they have soaked for 30
minutes, remove them and gently brush the
mountings with a small brush. Then replace
the pieces to the solution and swish them
around in the mixture before removing them
to rinse and pat dry.
If you find your self too busy to be mixing
soaps and ammonias, many department
stores sell liquid jewelry cleaners. Most are
kits, with everything you need included. You
need to read the labels to determine the one
that is right for your diamonds and other
jewelry. Read the complete directions and
follow all the precautions.
And if you find yourself more the
“high-tech type”, even in your diamond
cleaning routine, there are multiple ultrasonic
cleansers on the market. These machines
use high-frequency to create a cleaning motion.
All machines are not the same, so please read
the instructions before using.
Only you can choose the cleaning method
right for you. But, it is essential to keep
your jewelry clean to keep it brilliant and
sparkling. Between cleaning, try not to touch
your clean diamonds with your fingers or
handle your jewelry by its edges. This will
help maintain its shine and brilliance for
longer periods.
November 1, 2009 No Comments