7 Ways to Attract More Diamond Buyers | RapNet Help Center (2024)

FAQs

How to sell diamonds fast? ›

Pawn shops can be a quick way to sell your diamond, but they usually offer lower prices than other options. They're best for those who need cash immediately and aren't too concerned about getting the highest price.

Listing diamonds with media, images & a video, on your diamond item page, attracts more buyers thus helping you sell faster and sell more! Guarantee the availability of your diamond wherever possible.

You can sell your diamond to a jewellery shop, pawn shop, or company with core diamond buying business. Selection of proper way makes an impact on overall selling experience and resultant receivable price. It is always better to go with the company which is into core diamond buying a business with years of service.

Diamonds can only be sold with a certificate proving their origin, carat weight, cut, clarity, colour, and form. Certificates like this are crucial to the resale price of any diamond gem.

While diamonds do have resale value, it's very unlikely that you'll be able to sell your diamond ring for the same price that you or your fiancé paid for it when it was new. In fact, in just about every case, you can expect to sell your diamond at a significant loss.

You have many options when you are looking for where to find diamond buyers, including: Online Diamond Buyers: Companies like Diamonds USA specialize in purchasing diamonds and offer a straightforward, secure, and efficient selling process via the internet.

How to sell a loose diamond? ›

One of the most traditional choices is to sell to a pawn shop, jeweler, or diamantaire (diamond dealer) at a brick-and-mortar store location. In order to make a profit as a retailer, they will pay you a portion of your diamonds' retail value, and then sell them for a higher price.

This is evident when you look at the average retail prices of diamonds by carat weight. On average, the retail price for one carat diamonds can be anywhere between $2,000 to $16,000, and between $8,000 to $72,000 for two carat diamonds .

However, it may be the case that you've just lost the original certificate, or your diamond never came with one. In this case, there's no need to worry - a certificate is not needed to sell your piece and jewelers will still be interested in buying your diamond at a fair price.

Consumers can choose to part with their jewelry by taking the item to a reputable pawn shop or opting for a luxury buy-back program. Reputable pawn shops are often able to offer higher rates as they are in the business of reselling gold items.

While diamonds do have resale value, it's very unlikely that you'll be able to sell your diamond ring for the same price that you or your fiancé paid for it when it was new. In fact, in just about every case, you can expect to sell your diamond at a significant loss.

When selling your diamond, you'll need to get it evaluated and graded properly. Once you bring in your piece of diamond jewelry, a trained GIA gemologist will take a look at your diamond, inspect its quality and make an offer. Plus, the jeweler will also inspect the diamond's lab certification (if you have one).

The average price of a 1 carat diamond is currently $4,356 (see price chart below). 1 carat diamonds can cost anywhere from $1,326 - $10,416 depending on the diamond's shape, color, clarity, and other factors. To see specific details on diamond pricing by shape see our 1 carat diamond prices table below.

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.