How to Sell a Diamond in Alpharetta

by | Sep 23, 2014 | Jewelry

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The marriage is finally over. It was a long bitter drawn out divorce and now you’re just ready to move on with your life. There’s only one piece of your old life that you’ve still hung on to. You’ve looked at that diamond ring sitting in the dish on your nightstand every day for the last six months. It’s finally time. You want it gone, but selling a diamond can be intimidating. Here are a few tips on how to sell a diamond in Alpharetta.

* First, know what you have. Maybe your ring has been passed down for generations or you’ve realized your ex-husband wasn’t quite as truthful as you thought he was. Do not take anyone’s word for what you have, it’s important to have a qualified appraisal. If you have a large diamond that you believe is worth several thousands of dollars, it’s necessary to have a professional, unbiased appraisal. However for a smaller diamond, it is acceptable to have a free evaluation by a professional diamond buyer.

* Be realistic about your price. Now that you have an appraisal, it’s time to decide how much you will accept for your diamond. It’s important to consider the market at the time you are selling your diamond. While the appraisal is helpful, it should be viewed as a starting point. If you’re planning on selling your diamond to a professional diamond buyer or pawn shop, it’s important to remember they will only buy it if they can in turn make a profit. Paying your full appraisal price will not allow them to resell the diamond for a profit. In short, it’s not going to happen. Be realistic in your asking price.

* Be ready to sell. If you’re diamond is from a previous relationship or a family heirloom, selling can be a very emotional decision. You must be ready to part with the diamond. If you find yourself reluctant, insulted by offers, or just overly emotional it’s important to remember that it is just a material object. You must be ready to part from the diamond or it will be a miserable experience for all involved.

Deciding to sell a diamond in Alpharetta can be a decision made out of necessity or a symbol of moving on with your life. Either way, it can be confusing and intimidating. Following these simple steps will ensure a smooth process.