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how to care for your diamond
How to Sell A Diamond
There are many reasons why you may want to sell a diamond that you own. Perhaps you’ve gotten divorced, or you are strapped for cash. The reasons why don’t really matter – getting the best possible price is what counts! The way to obtain the best price for the diamond is to not be in a rush. Slow down, and carefully consider all of your options – there are many.
First, have the diamond appraised. In fact, have it appraised by two or three jewelers to get an accurate idea of the diamonds value. Tell the appraiser that you want the Rapaport Value. This is the wholesale value of the diamond, and it basically tells you the highest price that you can sell your diamond for. If your diamond has no certificate, you should consider getting a certificate from GIA. This may help you get a better price for the diamond as well.
See Also:
Diamonds on Web Articles - Insuring your Diamonds
Ekati diamond mine is owned by BHP Billiton and located south of the artic circle in the Northwest Territories of Canada. The Ekati is Canada’s first operational diamond mine. Diamonds mined here are sold under the Aurias trade name Authenticity is verified through Canada Mark service. CanadaMark service is also owned by BHP Billiton Diamonds, Inc.
Baken diamond mine is located along the lower Orange River in South Africa. It is owned and operated by Trans Hex. The average size stone for 2004 was 1.29 carats. In 2004, this mine produced a 78.9 carat D color flawless diamond that sold for more than 1.8 million dollars (US), as well as a 27.67 pink diamond that was sold for over 1 million US dollars.
Merlin is the second of only two diamond mines in Australia. No longer operating it was owned by Rio Tinto and sold to Striker Resources, who has explored the possibilities of reopening the mine. |
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Engagement Rings - How to Buy a Diamond Engagement Ring
All About the Clarity of Diamonds
Diamond certification is proof of a diamond's attributes
Engagement Rings - How to Buy a Diamond Engagement Ring
Diamond certification is proof of a diamond's attributes
colored diamonds
Diamond Scams
When it comes to diamonds, there are numerous scams to avoid. Most scams are minor, but there are some major ones that come up from time to time concerning the buying and selling of diamonds. Scams occur simply because most people who buy diamonds – for whatever reasons – don’t know that much about diamonds. Therefore, they are easily fooled.
A common scam that most jewelry stores participate in is the Carat Total Weight scam. The tag on the piece of jewelry, usually a ring, only states the total carat weight of all diamonds in the piece, instead of listing the total weights separately for each diamond.
This leads consumers to believe that the main diamond in the piece is actually bigger than it is. Ask what the total carat weight of the center stone is. Also beware of fractions. Jewelry stores are allowed to round off diamond weights. This means that if the jeweler tells you that it is a ¾ carat diamond, it is probably between ½ and ¾ carat – but closer to ¾.
Jewelry stores often run ‘fluorescence’ scams to varying degrees. Referring to a diamond as a blue-white diamond is such a scam. A blue-white diamond sounds very unique and special, but in fact, this type of diamond is of lesser quality – even though the jeweler will try to make you think you are getting something special. Jewelry stores also like to show their diamonds in bright lights. Lights make diamonds shine. Ask to see the diamond in a different, darker type of lighting as well.
Related Topics: how to clean your diamonds,
insuring your diamonds, colored diamonds
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