A typical complaint we hear in the diamond industry is that diamonds do not need high resale values. It’s common for a person to get a stone from a jewelry store, and later find that their diamond has lost a substantial percentage of its value – often 20% or maybe more by enough time they decide to upgrade or sell it. So why does this happen? Can there be any way to prevent a major loss on your diamond investment? There are many factors a person can consider to increase their diamond’s resale value before they buy it, in addition to before they attempt to offer it. Listed here are the most effective ways to choose a stone with the highest resale value.
1) Buy Certified, Sell Certified
Whenever you buy a stone, it’s crucial that you be sure that it includes a Diamond Grading Report from a trustworthy diamond grading laboratory. The absolute most commonly used and well-recognized laboratory in the USA may be the Gemological Institute of America, or G.I.A. Well-respected laboratories just like the G.I.A. perform independent inspection and testing on each diamond they receive and certify that the stone is just a certain Color, Clarity, Carat Weight, Cut, and much more. This certificate is a vital tool for the client when buying a stone; otherwise they have no method of determining the actual characteristics, and therefore value, of a diamond.
Similarly, it’s important to keep the diamond certificate with you to exhibit the store or diamond supplier you’re selling to. With no certificate, you have to depend on the sales associate’s word on along with, clarity, etc. of the stone, and you can be offered a cheap than you wanted to offer for. A diamond grading report is a vital tool in determining the actual value of your diamond, and is your very best bet at getting a proper resale value for your diamond.
2) Check the Inscriptions
Many laboratories, such as the G.I.A., have options to laser inscribe the diamond certificate number onto the girdle of a diamond. Under a microscope, you can then see this certificate number and easily tell that the diamond matches the diamond grading report. With no laser inscription, it could be burdensome for both the client and the retailer to find out if the diamond matches the grading report exactly เพชรแท้ ราคาถูก. A laser inscription is just a quick and accurate way to fit a stone and its corresponding grading report.This will remove any doubt that the diamond does not match the certificate and increase resale value.
Additionally it is crucial that you remember that some companies laser inscribe their own logos or trademarks onto the girdle of the diamond, next to the certificate number. This tends to lessen resale value, since a business will be unwilling to offer a stone with another company’s logo on it. Your absolute best bet is to only purchase a stone with a stone certificate number laser inscribed onto the girdle, and no other inscriptions. Most diamond grading reports (including the G.I.A.) will list all inscriptions present on the stone in the bottom of the certificate.
3) Choose Your Diamond Shape Wisely
When buying a stone, it’s important to keep in mind that certain diamond shapes are more costly when in high demand, and that they may lose value if demand for that shape falls. A good example may be the marquise diamond shape. During the early and mid 90’s, marquise diamonds were popular and were therefore more expensive. During the early 2000’s however, public demand for marquise diamonds fell drastically, and so did their resale value. Consumers who purchased a marquise diamond in the early 90’s and sold it in the early 2000’s saw a huge drop in the resale value of these stone.
It’s always important to get the diamond shape that’s most appealing for you and your family member, but if you are open to numerous options I would always recommend buying a circular diamond. Round diamonds (also called Round Brilliant Cut) have already been the most popular and widely purchased shape for decades, and they have relatively stable price values in comparison with other shapes.
4) Shop Around Online Before You Buy
This can perfectly function as worst mistake people make when buying their diamond. To maximise the resale value of your diamond, it’s important to get it cheaply in the very first place. Whenever you go to a retail jewelry store, quite often the stone will have a sizable markup onto it to cover the expenses of rent, employees, etc. Buying a stone online is an effective solution to compare tens and thousands of diamonds in order to find the best price, which allows you to recuperate an increased percentage of your purchase price when it’s time for you to sell again.
5) Research Similar Diamonds Before Selling
One of the finest options to estimate your diamond resale value is to pretend that you will be buying your personal stone. There are many loose diamond searches online similar to this one, which have tens and thousands of diamonds listed and will likely have one available that is much like your own. Obviously, jewelry stores have their own markups on diamonds to cover their costs and expenses, but finding the same diamond will give you a rough estimate of how much another store can sell your diamond for. Whenever you know how much a shop has the capacity to sell the same diamond for, you then have an improved, more realistic estimate on the market price of your stone.