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Where to Sell Diamond Ring

Thursday, August 8th 2013. | Selling Diamond Ring

Where-to-Sell-Diamond-Ring

There are always people selling diamond rings, either their diamond rings are engagement ring, wedding ring, or only fashion statement under many different circumstances such as the wedding or the engagement broke off, the ring is too old and there is a desire to buy a new ring, the owner need money fast and should sell his or her property, and many more. But no matter what kind of reasons people have when they sell diamond ring, they still will have the same questions pop up in their minds, how to sell the diamond ring nicely and get much money from it and where to sell the diamond ring. Where to Sell Diamond Ring

Where to Sell Diamond Ring

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Selling a diamond ring is not an easy thing to do, however, it will be easier if you have bought the diamond ring well (the diamond ring has certificates from GIA or AGS about the details and the resale value of the ring and the diamond ring is a good quality one). However, must commonly people have no idea about the details of their diamond ring, and if you do not know them as well, it is recommended to give your diamond ring to a reputable local lab or jeweller to give you details and information needed about your diamond ring. Where to Sell Diamond Ring

Then, you need to find out the accurate wholesale price for your diamond ring. It will be easier if you look at some jewellery stores, either online or offline, where diamond rings listed at international wholesale prices so that you can guess a price for your diamond ring. You should keep in mind that even small details on diamond will make a huge difference in price, so you need to find a diamond as close as possible to your diamond. Where to Sell Diamond Ring

Then, if you have your diamond ring certified already and you know the value of your diamond ring, you are ready to sell it. You can sell your diamond ring in a whole, or separate between the loose diamond and the setting. It is up to you. Nowadays, you can choose to sell your diamond ring on any jeweller stores available on your area or online by giving details and information about your ring along with the pictures of it, which means selling it to a business, or selling it privately.

Where to Sell Diamond Ring

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You need to know that whatever the choice you come up to between selling your diamond ring to a business or privately, you still will lose some amount of money you have paid for the diamond ring. It means you will not get the same price like when you purchase the ring. If you sell your diamond ring to a business, it is sure that you will get fast money, since you do not have to wait a customer purchasing your ring. But you will lose much money here, since a business purchase your ring to resell it to others, so that you can lose about 40% to 90% from what you have paid for your diamond ring. Where to Sell Diamond Ring

Selling diamond ring privately is not the best option for those who need money fast, since you should wait for a customer and you do not know how long it will take to get a trustworthy customer, but you can sell your diamond ring with minimum loss since you do not need a third party in the process. The loss you will get is about 205 to 30%. It will be easier for you to sell it to someone you know well.

Where to Sell Diamond Ring

Where to Sell Diamond Ring
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