Diamonds are a girl’s best friend for many reasons. Not only do diamonds look beautiful in jewelry items, but they also sell for excellent prices! If you are in need of some serious cash on an urgent basis, you should seriously consider selling your jewelry. However, every time that I decide that I want to sell my diamond in NYC, I am often confused. Where should I sell my diamond? Should I go to the ordinary jeweler’s shop at the corner of the street and get value for it, or should I just hop on down to the pawn shop and trade it in? Over the years, I have learned a few things about where to sell my diamond in order to get the best prices. Here are a few tips that I would like to share with you:
Talk to an Online Valuation Expert
The Web is an amazing place. There are plenty of companies in New York City that offer valuations and can even purchase the diamond if you agree. Before you visit a local shop or go out anywhere to sell your diamond, you need to know what the gem is worth. Online experts such as JBE Diamonds Inc. will allow you to get an idea of how much your diamonds are worth. All you have to do is ship the diamond over to their company. The company will give you a receiving email when the gems arrive at the factory, thus giving you peace of mind. These companies hire professional experts and gemologists in order to assess the quality of the diamond and give you a fair price.
Sell or Hold?
If you are satisfied with the price, you just have to decide whether or not you want to sell it. The company will send a receipt and other details of the transfer of the diamond to the company. This is an extremely hassle-free process, and will save you a lot of time and money.
Most online based companies generally provide a pretty decent quote. However, if you are still not satisfied with the prices they offer, you can decide to hold the diamond or get another valuation from a local jewelry store. Getting a valuation from a local jewelry store isn’t such a wise idea, because the rates are likely to be less in virtually every scenario. That’s because local shops have to account for greater fixed costs. They have to generate greater profits in order to pay their rent, utility bills and other dues. For me, selling online is the best option!
