How to Ensure You’re Receiving a Fair Value for Your Diamond Jewelry

When you’re selling something as valuable and sentimental as beautiful diamond jewelry, you want to make sure that you are receiving a fair offer for it. However, it can be difficult to approximate the value of your own diamond pieces, as it can be largely dependant on the setting, age, and condition as well as the quality of the diamond itself. Your knowledge of the value can often be reliant on the jewelry buyer you are trying to sell to; but how do you know if they’re offering you a fair amount? Here at Watch & Wares in Orange, we are always honest and transparent in our evaluations of diamond jewelry pieces. Next time you’re looking to sell diamond jewelry, consider these points to ensure that you’re receiving a fair value for your valuables.

Know what your diamond jewelry is worth

Before you speak to a diamond jewelry buyer about the piece you want to sell, you should have a clear idea of what your diamond jewelry is worth. Untrustworthy buyers may try to offer you far less than is fair in order to clear the largest profit margin possible. In order to ensure that you are receiving a fair value for your diamond jewelry, speak to a jewelry appraiser or gemologist who does not buy or sell diamond jewelry at all. Speaking to a third party with no financial interest will guarantee an objective and fair evaluation of your pieces. Knowing this value going in will help you ensure that you get the fairest value. Although all diamond jewelry buyers will offer slightly less than this value due to the costs and fees associated with re-selling your piece, you will be able to determine who is offering you the fairest and most competitive rate for your valuables.

Compare your jewelry buyer options

Don’t just speak to one seller and accept the first offer given. With any reputable diamond jewelry buyer, there is never pressure to sell and your offer will stand if you decide to leave the store and return. Make sure that you take the time to compare offers and investigate multiple options before committing to selling. Much like receiving estimates for construction work, you should collect offers and choose the fairest option. With something as important as selling diamond jewelry, you should take your time and choose an offer that you feel is fair from a company that is trustworthy. Here at Watch & Wares, we consistently offer the most competitive rates in the Orange County area. We believe in the value of your diamond jewelry; not just the stones and materials, but the value of the piece as a whole. Our expert appraisers will thoroughly assess your item and offer the best price possible based on the current market value.

Research your diamond buyer

When it comes to something as sentimental and valuable as diamond jewelry, you need to know that you’re working with someone who is trustworthy and reputable. Before selling to anyone, do your research on the diamond buyer and their reputation. Search for reviews on Yelp, check their rating with the Better Business Bureau, and ensure that they are licensed and insured. Another good way to gauge trustworthiness and expertise is to see how long the company has been in business and whether they have certified jewelers and gemologists on staff. Here at Watch & Wares, we have curated a team of expert jewelry appraisers and gemologists with decades of experience working with some of the biggest names in the diamond jewelry industry. With almost 30 years of business under our belts, Watch & Wares is a name you can trust.

Here at Watch & Wares, we treat all of our residents of Orange with respect and courtesy. We would never try to offer unfairly low prices or pressure you into selling before you’re ready. Customer satisfaction is our top priority, so we always strive to create an in-store experience that makes you comfortable and confident in your decision to sell diamond jewelry. We consistently offer the most competitive prices in the area, and our customer service speaks for itself. To schedule a diamond jewelry appraisal or for any inquiries regarding sales, give us a call at (714) 633-2030 or stop by our store in Orange.