Sell Diamonds Online | The Diamond Trade
Find all of your questions about selling diamonds online answered here! The Diamond Trade is an experienced diamond buyer who will quote you exactly what your diamond is worth, and will buy your diamond for that same amount! Contact The Diamond Trade today or visit The Process to learn more about selling diamonds online.
Who do you buy diamonds from?
Who do you sell my diamonds to?
How can you sell my diamond for more money?
How are you different from a Pawn Shop?
The Diamond Trade is unlike a jeweler, who often only wants to take your loose diamonds and jewelry on consignment with no intent of ever selling your diamond. Because of this, jeweler’s retail mark-up and diamond broker commissions on diamonds and retail jewelry is high. This means it will take a long time to sell, and possibly never will.
Why should I sell diamonds online to The Diamond Trade?
Be aware that there is no insurance that covers non-payment for your consigned merchandise. Safety, security, and getting paid in person rather than a promise for a better price for your diamond is all the more reason to sell diamonds for cash in person. The Diamond Trade ensures safe, fair transactions. To sell a diamond online can be frightening, but we have the experience, the reputation, and ability to provide all of our clients with superior customer service that our competitors cannot sustain. Additionally, we are able to travel to you to guarantee you receive cash for diamonds.
We provide the safest transactions when buying your loose diamonds and jewelry in person. Likewise, we pay the price we quote in cash and will also pay with paypal or an escrow service for your diamonds and jewelry — whatever is easiest for you. Many online diamond buyers and jewelry buying services want you to send your diamond before you receive payment or a final price. The Diamond Trade is no regular online diamond buyer.
This is why The Diamond Trade recommends asking for a deposit guaranteeing the buyer pays the quoted amount or lose the deposit, being paid by paypal, escrow.com, or keeping it simple and getting paid in person.
Should I consign my diamond with a diamond broker or local jeweler?
Diamond brokers will broker your diamonds and take 10% or more from the total sale price. Diamond brokers often list your diamond on a ‘internet diamond trading network’ which dealers, like the diamondtrade.com, buy from regularly.
We have had many diamond brokers contact us to buy consigned diamonds they have in stock from clients. By contacting thediamondtrade.com you can cut out the middle man and sell direct without paying a third-party commission. Selling directly to us also avoids giving up physical control of the diamond before you are paid.
Consigning and brokering diamonds carry potential risks of loss including theft, damage, or non-payment from the jeweler’s or broker’s buyer. Many jewelers and diamond brokers may not carry insurance to protect against theft, loss, or damage to a diamond. In the event your jeweler or diamond broker were to go bankrupt, you could lose your diamond to their creditors.
Is selling diamonds on Ebay or Craigslist safe?
Should I have my diamond GIA certified?
Should I have my diamond appraised?
How do I sell loose diamonds?
Where can I sell a diamond for the most money?
Who pays the most for diamonds?
How much is my diamond worth?
Where is the best place to sell a diamond or jewelry?
Should I sell my diamond at an auction?
What is the best way to sell a diamond and jewelry online?
Most diamond buyers claim to pay the most for diamonds, pay the highest cash price for diamonds and jewelry or pay top dollar for jewelry. But the best way to sell your diamonds and jewelry is to get paid in person or upfront with paypal or have money deposit in escrow before you ship your jewelry. The alternative from the competition is a mere quote that will later decrease after the buyer receives your jewelry.
Getting paid in person or by paypal and escrow assures you will receive the price you are quoted, often eliminating negotiating with a diamond buyer. Allow The Diamond Trade to provide peace of mind and a stress free transaction with the most secure forms a payment for your diamonds, colored gems and jewelry.
How do I get paid the most money for my diamond?
How should I sell my diamond online?
For large GIA certified diamonds our cash offers are often well above other diamond buyers and beyond competitive compared to online diamond buyers or traditional diamond buyers such as jewelers, pawn shops, and diamond brokers. If you want to know “how to sell diamonds online” please see “The Process“.
Who buys diamonds?
Does having a GIA report add value to my diamond?
What does “carat” represent?
A 1/2 carat diamond can be stated as a .50 ct or 50 (fifty) pointer.
A 3/4 carat diamond can be referred to as a .75 ct or 75 (seventy five) pointer.
What is the difference between carat and karat?
Are larger diamonds rare?
Do diamonds with the same carat weight have the same size?
Not all 1.0 carat round brilliant diamonds appear the same size even thought they weight the same.
The size of a 1.0 carat round brilliant diamond can range from approximately 6.1 mm to 6.70 mm or more in diameter, depending on the depth.
A deep cut diamond is smaller in diameter and a shallow cut is wider in diameter. A shallow cut makes a diamond look bigger (described as ‘spread’) but diamonds that are either too shallow or too deep sacrifice ‘Cut’ quality and therefore the brilliance.
This affects the value and marketability of your diamond and the kind of offer you can expect.
Many private sellers and surprising jewelers don’t know how a diamond’s proportions (too shallow or too deep) dramatically affect the value when comparing the same size diamond to a modern ideal or excellent cut diamond of the same color and clarity.
How does the carat weight affects value of my diamond?
As explained below regarding carat weight and size. The same size diamond do not always have the same value, even when they have the same quality (i.e. color and clarity).
Do all gem laboratories and appraisers use the same diamond cut grading system?
In recent years, GIA has assigned cut grades, from Poor, Fair, Good, Very Good, to Excellent.
However, have a cut grade of “Very Good” by GIA can have a broad meaning. NOT all Very Good Cut grades are the same. To a buyer (dealer or private) measurements, proportions, percentages, polish and symmetry are important and affect value.
2.75 ct Round Brilliant Diamond
Cut Grade: Very Good
Polish: Very Good
Symmetry: Very Good*
2.75 ct Round Brilliant Diamond
Cut Grade: Very Good
Polish: Very Good
* The first diamond with “Very Good” Symmetry will be worth more than the second diamond with “Good” symmetry.
This may seem like a very slight difference between the diamonds. However it the competitive world of diamonds this difference be great.
What is “polish and symmetry”?
Why is symmetry so important?
Very Good and Excellent symmetry can often produce more brilliance and sparkle in a diamond. And when the end-user is buying an expensive diamond, they want perfection and a quality diamond.
Diamonds with only “Good” or “Fair” symmetry cannot command the same price with a comparable diamond with “Very Good” or “Excellent” symmetry.
Should I have my diamond re-cut?
If the diamond is damaged or breaks on the cutting wheel during the recutting process, there is no insurance, and you can take a serious loss.
It requires years of experience to evaluate whether a diamond can be recut and improved. The measurements and numerous angles must be understood while calculating if the recutting the diamond improve and be financially worth it.
Diamond lose weight, which is important in terms of value. But the goal to recutting a diamond is often to improve the “make” to create a more beautiful diamond.
As discussed above, the “magic numbers” are an important part in making the decision to recut a diamond.
You have a 5.10ct diamond with only a “Good” Cut grade. It may be possible to recut the diamond and improve the cut to a “Very Good” grade but there is a chance it go dip below the magic 5.0ct weight. Do you recut it? If the diamond recuts to 4.99ct is has now dropped to a lower price bracket reducing the per carat price significantly. Depending on what the dealer paid, will also be a factor.
As you can see, diamond buying and selling can be a challenging decision making business.
Which laboratory has the best diamond grading system?
Other gem labs such as AGS have a well respected cut complex diamond cut grading system. AGS used the term “Ideal” where as GIA does not. This can also create confusion in the industry for sellers.
EGL may give a diamond “Excellent” Polish and Symmetry where GIA may only grade as “Good” on the same diamond.
The different grading standard can cause confusion and frustration to private diamond sellers who don’t understand all the nuances of the cut grading systems and the different levels of scrutiny each labs grades a diamond.
What is the per carat diamond price for my diamond?
Understanding the wholesale and cash per carat prices requires knowledge of the global diamond market, and factors such as supply and demand and liquidity of the diamond market.
Please contact TheDiamondTrade to discuss the per carat value of your diamond.
What are Diamond Price Brackets?
0.90 – 0.99ct
1.00 – 1.49 ct
1.50 – 1.99 ct
2.00 – 2.99 ct
3.00 – 3.99 ct
4.00 – 4.99 ct
5.00 – 5.99 ct
6.00 – 20.00 ct or larger
What are the Diamonds’ Magic Numbers?
When a diamond is on the bottom of a particular price bracket (e.g. 3.00 ct), one point (.01 ct) below will take it to a lower price bracket and lower per carat price. So a two diamonds equal in cut, clarity, color that have one-point (0.01ct) difference in weight can make huge price change.
A 3.00 ct Round Brilliant Diamonds, F in Color and VVS2 in Clarity with Excellent Proportions could be valued up to 20% to 50% more than a 2.99 ct Round Brilliant Diamonds, F in Color and VVS2. On paper and in-person they may appear the same but the one-point difference can make a great deal of difference in the per carat price and total price.
How does the diamond’s color change the value of my diamond?
The difference in the per carat value between a 1 ct D color and 1ct J color can range from anywhere from two to five times the price difference.
Diamonds with a yellow tone are much more common than white diamonds which increases their rarity and value.
Are there diamond price sheets for fancy colored diamonds?
Beyond the Z grade, you have fancy color grades, such as fancy light yellow. Other colors such as fancy light blue, fancy red, fancy intense blue, fancy vivid pink, fancy dark blue and fancy deep pink don’t often have per carat price sheets. Fancy red diamonds are extremely rare and prices are often established based on comparisons on the few stone available in the market.
How does the diamond’s clarity change the value of my diamond?
Diamonds with lower clarities such as SI1 down to I1 often requires viewing a diamond in person. The placement of inclusions can affects values considerably.
For example, you can have an diamond with an SI2 clarity which is based on a large crystal in the center of the diamond that could be visible to the unaided eye. Most SI2’s graded by GIA are often eye-clean. Therefore two diamonds of the same size and grade can have different values based on the location and visibility of the inclusion and the impact the inclusion has on the diamond’s beauty and brilliance.
Another example, some SI1 or SI2 diamonds clarity grades are “based on clouds”. If this is the case, your diamond may appear “milky” or “cloudy”. The clouds would negatively affect the value of your diamond and the offer you would receive.
Does fluorescence in diamonds affect the value?
Fluorescence in diamonds is common. Some sources say only 10% of diamonds show strengths of fluorescence that may impact appearance (i.e., strengths noted on laboratory reports as medium, strong, or very strong). “Blue Fluorescence” is the most common color in diamonds that exhibit fluorescence. in rare instances, the reaction is yellow, white, or another color.
In the diamond market, diamonds with the same color grade (i.e. H and whiter) with fluorescence often sell for far less than diamonds that do not display fluorescence. Diamonds with H color and above are sold at discounts when they display fluorescence. Diamonds with lower color, J and lower are often thought to benefit from some level of fluorescence as they can make the diamond appear whiter despite the true color and yellow color that may appear in J color and lower colored diamonds.
How do you calculate an offer for my diamond?