If You Want To Sell Your Diamond Jewelry, Here’s What You Should Do When You Buy Them

Diamond jewelry is a timeless investment, and one that thousands of people make every year. From engagement rings to “treat yourself” earrings, there are many occasions on which one might invest in diamond jewelry, and sometimes you want to have peace of mind that you can sell diamond jewelry and recoup your money if necessary. You may even invest in diamond jewelry with the sole intention of selling it for profit in the future.

Whatever your reason for buying diamond jewelry, it’s important to take the appropriate precautions to ensure that your valuable pieces are authentic, valuable, and will last a lifetime. Before buying any diamond jewelry, take these four steps to ensure that you can secure the maximum return on investment when the time comes to sell it.

Do Your Research

When purchasing any high-ticket item, it’s important to understand the value and basic characteristics of what you’re buying. If you don’t have a general idea of what to look for or what the diamond jewelry should cost, you risk being scammed and buying jewelry for much higher than its true value.

There are a few basic things you should understand about diamond jewelry before you make any purchase: diamond valuation and the value of other precious metals and gems. The value of a diamond is assessed through the four Cs: carat, cut, color, and clarity. These four factors determine how rare and how valuable a diamond is, so taking the time to research each of these Cs and how they affect the stone’s value is important to receiving a fair price.

Since you’re buying diamond jewelry and not loose diamonds, it’s also important to understand the precious metals and gemstones that will likely accompany the diamond. For example, most jewelry will be made of gold, silver, rhodium, or platinum, so it’s important to know the difference between these metals and their relative value. If your desired jewelry piece also includes other gemstones, do research into the value of these stones as well, as they’ll factor into the cost you can expect to pay — as well as the value you can expect to receive when you sell them one day.

Ask For Certifications

When spending so much money on a valuable item like diamond jewelry, you obviously want to ensure its authenticity. If your diamond jewelry is fake or counterfeit, its secondhand value will be next to nothing, and any reputable jewelry buyer will likely refuse to purchase it altogether, or, at best, offer you pennies on the dollar

Before purchasing your diamond jewelry, ask for certifications such as the GIA grading report and any certificates of authenticity. This will help prove its value and prevent you from buying fake, worthless jewelry for hundreds or thousands of dollars.

Prioritize Your Safety

Buying fake diamonds are just one risk when seeking diamond jewelry. Purchasing any high-priced item can increase safety risks, so it’s important to be extra cautious when buying or selling diamond jewelry.

Make sure that you only buy from trusted, verified jewelers. Online scams are rampant, as are in-person scams that can put you in harm’s way. When in doubt, always prioritize your physical and financial safety rather than worry about offending someone or not following through on a deal to purchase.

Use a Reputable Diamond Jewelry Seller

One surefire way to protect your safety, guarantee authenticity, and get the best value possible is by purchasing from a reputable diamond jewelry store. Find the best places to sell gold and jewelry near you, and verify their trustworthiness through third-party reviews, licensing and certification, and whether they have brick-and-mortar locations. All of these factors can help you avoid scammers and ensure that you’re investing in diamond jewelry that will stand the test of time.

Whether you want to strike while the iron’s hot or take advantage of growing inflation, you can buy and sell diamond jewelry for incredible value at Watch & Wares. For more than 30 years, Watch & Wares has been known as the best place to sell gold jewelry for cash in Orange County, offering some of the most competitive rates in the area for all of your valuable luxury accessories. To find out more about our jewelry buying and selling services or to schedule a free jewelry appraisal, give us a call at 714-633-2030 or fill out our online contact form today. We look forward to assisting you in any way we can.