You have a diamond that you have decided you are going to sell. So what is the next step? First you must find a reputable estate diamonds buyer. You can find a good company through word of mouth or searching the internet. Websites like Yelp are good sources to look at reviews from past customers. In addition, friends can usually suggest a good buyer. However, it is completely normal to speak with a few different diamond buying companies to compare offers. Following are some questions you might have about the process. By following some simple rules, you can ensure that you will get a fair price for your Los Angeles engagement rings, loose diamonds, or estate jewelry.
How do I know that I am being offered a fair price?
Before calling a company to sell diamonds, make sure they have GIA certified gemologists available for an appraisal. GIA certified gemologists will use GIA standards to inspect the 4 C’s – cut, color, clarity, and carat – of your diamond. In addition to being GIA certified, your diamond buyer should know a lot about the market and be able to answer all your questions related to diamond buying and selling. For example, your Los Angeles Diamond Buyer should be a member of groups such as Rapaport Services, Polygon, and the Internet Diamond Exchange. These are industry-standard organizations that allow members to access the latest information that will affect the market value of your diamond.
What Exactly is a Certified Gemologist?
A Certified Gemologist must not only be familiar with all GIA standards, but must also be a member of the American Gem Society. In order to obtain this title, an applicant must be familiar with colored stones and their identification, as well as diamond grading and appraising. He or she must pass several written examinations, pass a diamond grading examination, and pass a 20-stone gem testing examination without error. When you look for this qualification in a diamond buyer, you can be assured that you will have an accurate appraisal for your diamond or diamond jewelry. Most American Gem Society certified members will have the logo posted somewhere on the website. In addition, you can visit the American Gem Society website to find a reputable member.
Does My Diamond Need to Have a Certificate?
If you are buying a diamond, you should definitely make sure it has a certificate from a reputable gemology organization. If a jewelry store offers to sell you a loose diamond without a certificate, you are buying the diamond based only on the salesperson’s claim about its quality. On the other hand, if selling loose diamonds or bridal rings Los Angeles residents don’t necessarily have to have a certification to go with the diamond. Most companies will have appraisers who can determine the price. However, if you do have a certificate, it is a good idea to show the buyer when you are selling the diamond.
[NOTE: If a jewelry store offers to sell you a loose diamond without a certificate, keep in mind that it means you are buying the diamond based only on the salesperson's claim about its quality, and that a trained gemologist or even other jewelers may disagree with the salesperson's assessment.]
