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How and Where Can I Sell Diamond Jewelry?

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It is easy to let go of the memories but it is easier to know how and where to sell your diamond ring.

You do not need money; you plan to sell it because you want to let go of all the memories attached to your ring. Don't worry, this is enough reason. But you have to make sure that you know how and where to sell diamond jewelry to get the most out of it.

Here's how:

1. Arm yourself with enough information about your jewel. Look for a trustworthy jeweler so you can have an estimate of its worth. If you do not know anyone, ask for referral from friends. Or, you can consult with a gemologist. Search over the Internet or through the yellow pages to find a gem expert near your place.

2. Inquire about the clarity, carat, color and cut of your stone. If he or she can give you proof of the quality of your diamond, much better because you need not insist about its value because it has been certified. Best of all, you will become aware of how you should negotiate.

3. Do not meet someone privately even if this person will help you find a buyer. Regardless of who recommends him or her to you, you have to always think about the potential risks of bringing your diamond with you and presenting it to someone in a private place.

4. Do not easily agree to initial offers because you are not in a hurry. Learn to haggle, especially if you know how much your stone is worth. Reject them if you need to. You will find your buyer-just wait.

Here's where:

1. The jeweler who helped you identify the quality of your jewel may be interested to buy it. Or, he or she may be opened to the idea of selling it to others. Make sure, however, that you both agreed to give him or her certain percentage as commission for his efforts.

2. Approach your family and friends and ask them if they want to buy your gem. If not, ask for their help because they may know of some people who are fascinated to buy or sell diamond jewelry.

3. Go to eBay and sell your diamond there for only a few steps. You may even feel safer in this type of transaction. More importantly, take a good, captivating shot of your jewel to attract more buyers and to get higher value for it.

4. You can also trade your diamond to loan providers as some of them also buy this type of gem. You may not be at the losing end because they also have certified gemologists or appraisers in their companies. Most of them will offer you a fair price for your rock.

5. Go check with pawnbrokers if you are in a hurry (but I hope you are not). You can easily get the cash you need and you can buy it back but for a higher price. Just do not expect to receive more because their aim is to profit.

So now you know how and where to sell diamond jewelry. The only thing you need to do is to have it cleaned first. They will sparkle and become more pleasing to the eyes of the possible buyers.
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