How To Sell Diamonds
Selling diamonds online is an excellent way to quickly earn money. The process is not very difficult but taking certain precautions can help you earn more money. Read below to find out the online diamonds selling process and begin selling your diamonds.
1. Collect Your Diamonds
The first step to selling diamonds online is to collect the diamonds that you are looking to sell. Whether you have loose diamonds or diamonds that are set in a piece of jewelry, diamond buyers will be interested in purchasing any precious metals that you have along with your diamonds.
2. Estimate Diamond Value
Having a rough estimate of what your items are will allow you to get the highest return for your diamonds. There are many tools available online that will help you get an estimate. If you have any documentation of your diamonds it could provide more information that will better help you determine a value.
Use the diamond calculator here to estimate a value: Diamond Calculator
It is important to have an estimation of the value of your diamonds. Diamond buyers will give you an initial valuation and a final valuation once they have received your items. By having an idea of what your diamonds are worth, you can determine a fair price and will help in the decision making process of whether or not you want to sell.
3. Find a Diamond Buyer
This is probably the most important step to selling diamonds online. There are many factors to be considered when selecting a diamond buyer and it is important to make sure that you are working with a reputable organization. Things like, insurance amount will vary from each organization and should be considered when finding a diamond buyer.
We highly recommend the diamond buyers that are listed on our website. We have gone through the diamond selling process with each of these organizations and know that they provide a high quality service. Look at our diamond buyer reviews page and you can see how we evaluated each diamond buyer along with some of the things to look for when selecting a diamond buyer.
4. Request and Mail Pack
Each diamond buyer’s process will be slightly different during this step. Organizations will use different shipping methods and some may even allow you to print your own postage label. Generally, you just need to fill out a form on the diamond buyer’s website and a package should arrive at your door within a few days.
Once you have received the package, it may come with a set of instructions or forms that needs to be filled out. Place your diamonds along with any necessary documentation in the package and mail it to the listed location.
5. Accept or Deny Payment
The policy that each diamond buyer has will differ. Most likely, a final valuation will be made once your diamonds have been received and evaluated by a professional grader. The final valuation will be given to you through either email, a phone call or sometimes on the diamond buyer’s website in your customer account. From there, you are given an amount of time to either accept or reject their offer. If the offer is accepted, you can have the money wired to an account or have a check sent in the mail. If you are unhappy with the final valuation, you can deny payment and have your items sent back at no charge.