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2. Once received, you will get a confirmation email or call, and Diamonds USA evaluates your item and extends an offer. Send in your item within 7 days and get a 10% bonus. Learn more about this company in our Diamonds USA 2023 review: What you need to know. 3. Once you accept the offer, get paid within 24 hours. If you choose to decline the offer for whatever reason, Diamonds USA will immediately return your item for free, no questions asked.
Wholesale jewelry buyers need to make a profit when they resell your ring or earrings, so they like to buy low, and then turn around and sell your diamond for a higher price. A common misunderstanding is that the jewelry owner believes that, for example, she has a 1 carat diamond ring, when in reality, the center stone is .5 carats, and the surrounding smaller stones total .5 carats. Most jewelers or jewelry buyers value the smaller stones very little – perhaps less than $100 total in this case – and are only interested in the center stone. There is often confusion about the total carat weight of a diamond ring or other jewelry.
The color of gem-quality diamonds occurs in colors ranging from completely colorless (the rarest of diamonds), to shades of yellow (also called “canary diamonds) and brown (“cognac diamonds”). Diamonds without inclusions or blemishes are rare; however, most characteristics can only be seen with magnification. Colorless diamonds are the rarest. Rare, “fancy” diamonds that are naturally blue, red, and pink are graded on their own, separate scale. Diamonds usually have internal flaws called inclusions, or external characteristics known as blemishes.
The diamond market is depressed thanks to a decreased popularity, a growing popularity in lab-grown diamonds, and a general flooding of the market. Yes, pawn shops often buy diamond jewelry and loose diamonds, though typically for far below what a jeweler or online diamond buyer will pay. Yes, jewelers often buy loose diamonds, diamond rings and other jewelry, as well as provide insurance replacement appraisals. Expect to be paid about one-third of the retail value of your diamond. If you have any concerns about wherever and how to use Selling Residential Real Estate, you can contact us at the page. Bring all documentation for your item (like a GIA report), and never commit to a sale without a second opinion. If you want to start selling a diamond with a quote from a local, check out Yelp, ask friends, and search the Better Business Bureau for diamond buyers in your area.