How can I find out how much my diamond ring is worth?

The most straightforward way to figure out the market value of a diamond is to check the prices of stones with the same carat weight and of the same clarity, cut, and color grades. You can do your research online and calculate an average price, which will serve as an estimate of your diamond’s value.

How much does it cost to sell a diamond ring?

Please excuse me now while I get a bit technical. Let’s assume for the purposes of this exercise that the diamond ring cost the jewelry store 100 (currency isn’t relevant here – only relative values matter). With a 25% profit percentage, that means the price you paid was 125.

How can you tell how much a diamond is worth?

The best way to figure out the value of your diamond is to compare it to other gems with the same characteristics. This will not give you an exact worth, because no two diamonds are the same. The slightest inclusion on your ring can change the value of your diamond. However, you now have an idea as to what you can expect your ring to be worth.

Do you need a diamond appraisal to buy a ring from worthy?

When submitting a diamond ring to Worthy for sale, we provide GIA and IGI diamond grading reports, at no cost to you. A proper and objective diamond evaluation is vital to us and we only trust the very best in the business to carry them out.

Can you get back what you paid for a diamond ring?

Keep in mind that you will not get back what you paid for ir. Don’t go to Pawn Shops or local jewelry stores. Try doing it yourself, but prepare to wait. Abe Mor offers the best prices for 2nd hand diamonds. Click here to send us information about your diamond that we will pass on to the buyer.

Is it safe to sell a diamond ring online?

Selling diamond rings online is simple, discreet and stress free. If you select a trustworthy online buyer, it should be more reliable than local options (such as jewelry stores or pawn shops) without the need to travel. Sell instantly in an appointment or in as little as 24 hours when you sell online to WP Diamonds.

Why is it worth taking the diamond out of your ring?

If your diamond has fracture filling it can be damaged by heat, affecting the appearance of the diamond. In almost every other situation, it’s in your interest to have your diamond removed from its setting so it can be accurately graded. The risk is small and the potential payoff is large.

What happens when you sell a diamond ring to a pawn shop?

When you sell a diamond ring or any other diamond jewelry to a pawn shop, you can expect to receive a small fraction of what the diamond and setting is actually worth as payment. Here’s why. People shop at pawn shops to get a good deal on pre-owned items. No one walks into a pawn shop expecting to pay the market price for something.