People who buy diamonds quote widely differing prices on used jewelry. An unwary seller may become the victim of a savvy buyer by taking a price that is far too low. However, many sellers need to lower their expectations when it comes to the resale market for jewelry. By following some simple guidelines, you can take a lot of the stress out of selling jewelry, and most likely get a fair price for your rings, necklaces, earrings, bracelets and brooches.
2. Photograph your pieces. A reasonable-quality digital camera does just fine. You can use these pictures to send images to potential buyers. They will give you a price range that helps you price your jewelry.
3. Rate your jewelry. Use a “fair, good, excellent” rating system and rate your items on intrinsic value (How many carats?), rarity (Are your pieces one of a kind or fairly unusual?), desirability (Are your pieces in demand today, or are they part of a trend?) and condition. These four criteria can help you arrive at a reasonable price for your jewelry.
Selling to a Reseller
Diamond District Buyers is located in NYC and has a fine reputation of dealing with customers and treating them fairly. They have been in the business of buying and selling Diamonds for over 20 years and have a full staff of certified gemologists. If you are unable to visit their office in person, you can request an online appraisal form here. Or give them a call at 646-736-7321.
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