Diamond Buyers in Tampa Fl

It can be overwhelming when you’ve decided to sell your diamond jewelry. There are so many factors to consider–where to go, how much to ask for, and even whether your jewelry is saleable. But selling jewelry doesn’t have to be a hassle, especially if you can find the right buyer. In this article we’ll take a look at the world of diamond sales, including how to get the best price, and how to know that your buyer is legitimate.

The Best Way to Sell a Diamond

Most of us believe that a diamond is meant to stay in the family, and will be passed down through the generations. The truth of the matter is, however, that there are many scenarios that necessitate selling diamond jewelry. Financial troubles, relationships gone bad…sometimes the diamonds have to go.

Diamonds are a big-ticket item, and diamond sales are serious business. Before selling, you want to get the stone or stones appraised and authenticated, ideally by a well-known gemological lab like the Gemological Institute of America (GIA). You may also choose to have the gem(s) appraised by a local appraiser, as well. This will give you an idea of how much you can get for your stone.

How Much Can You Get For Your Diamonds?

Diamond prices vary based on factors like size and quality of the gem, and the current market price. Diamond prices are tied to the health of the economy, and whether manufacturers have over or under-bought diamonds at any given period. This applies to rough diamond sales, but these prices will also affect down line to cut diamond sales, and also used diamond sales.

Clear white diamonds are at a premium at any time, and blue and pink diamonds are quite valuable as well. Off-color browns and yellows (often marketed as “chocolate diamonds”) will fetch less in the marketplace.

Sell Your Diamonds and Jewelry for More

When selling your diamonds, keep in mind that many jewelers will open with an offer below what’s called “dump price”--this is around 40% of the diamond’s value. That’s why it’s important to get it professionally appraised beforehand. A qualified dealer will offer (after some negotiation) closer to 60% of the diamond’s value. After all, they need to make money on the deal, too.

It’s always a good idea to work with a top-rated dealer or jeweler when selling jewelry. You’re dealing with what is potentially a good deal of money…it’s always best to work with professionals under these circumstances.

Buyers of Diamonds

When selling a diamond, there’s nothing stopping you from striking out alone and finding a buyer. However, it’s a best practice to find a reputable jeweler to collaborate with, or sell to a reputable company

If you aren’t personally incredibly savvy with diamond quality and prices, it’s a given that you may be swindled out of the best price. There’s also a trust issue...there aren’t a lot of serious buyers that are likely to approach a random seller.

How Do I Find a Reputable Diamond Broker?

Finding a reputable dealer takes a bit of research, but this isn’t too difficult in the internet age. First, take some time to search third party review sites iVouch and Trustpilot. You may also peruse dealership websites to see what customers have to say about their experience. Negative reviews can tell you a lot about what to expect.

Next, determine whether they have a certified gemologist on staff. A trained professional will be able to tell you about the cut and clarity of your diamond, and help you to understand what price would be fair.

If the dealer seems to be fairly well-reviewed (nobody will have 100% positive reviews, so just use good judgement), and certified staff, reach out to them. Talk to the buyer and make sure that they are ready to answer all of your questions. You can get a good feel for customer service by speaking to the staff personally. Remember, you haven’t committed to anything yet, you just want to get a feel.

Finally, if you are looking to sell locally (a good idea), talk to friends in the area. Word of mouth is an excellent way to find out more about local businesses. You don’t even have to mention that you’re selling…just feel people out for trusted jewelers in the area. You can then contact these businesses to find out if they are open to diamond purchases.

Is It Safe to Sell Diamonds Online?

Selling diamonds online is about as safe as selling anything online. Which means, it all depends on how you do it. Diamonds are a valuable item, and selling them shouldn’t be done on an unprotected platform like Craigslist or over social media. There are generally ratings and profiles on customers that will give you an idea of their history, but there is an inherent risk in trying to offload a big ticket item without safeties in place.

If you are determined to sell online, don’t go it alone. Do it through a local dealer or broker, and follow all of the steps in their protocol. You will pay a percentage to a dealer or jeweler, but you also won’t be cheated if you use a reputable one. When taking a step as important as selling diamond jewelry, it’s worthwhile to avoid risks wherever possible.

Sell Your Diamond Jewelry in Tampa, Florida

For anyone looking to sell their diamond jewelry in the Tampa, Florida area, Conrad Jewelry is a top-rated appraiser, and buyer and seller. They deal not only in diamonds, but also in gold, silver, and other gemstones. This family-owned company has been doing business with Florida locals since 1998.

If you need to find the best price for your diamonds, and want to deal with folks who are known and trusted in the business, call the professionals at Conrad Jewelry today.

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