Can I Sell My Diamond Ring Without Certificate?

How much does a GIA appraisal cost?

A GIA grading and lab report will cost about $200 for a simple diamond ring, and up..

Where can I sell my diamond ring for the best price?

Where To Sell An Engagement RingOnline. The fastest and easiest way to sell your ring will be to find a diamond buyer online. … An Independent Jeweler. Another sales route is to visit an independent jeweler. … A Vintage Jewelry Store. Another option is a vintage jewelry store. … An Auction. … A Broker. … Pawnbroker. … Worthy.com. … CashforGoldUSA and CashforDiamondsUSA.More items…•

Can I sell a diamond I found?

The diamond ring that you found on the ground is not yours. If you wish to sell it to get the most value, it is advisible to go to a reputed certified dealer who in most probability will ask for the original purchase invoice and certificate.

Should I buy diamond or gold?

That means you can’t be entirely confident any gold you buy will appreciate in value over time. If you’re looking for an investment you can be more confident in, diamonds are a safer bet. Their value is tied to their quality. As long as you keep a diamond in good condition, you can expect its value to increase.

Who buys diamond rings?

The best place to sell your engagement ringRankNameOffer1Diamond specialist$2,300 – $2,5002Local jeweler$1,500 – $2,0003’Worthy.com$1,5404’We buy gold’ store$1,300 – $1,5002 more rows

Is it OK to buy a diamond without a certificate?

If you had done a little reading up about buying diamonds, one of the first things you are probably told is to make sure that it is certified. Therefore, the answer to the question raised in the title is rather obvious. No. Buying a loose diamond without certification is never a good idea.

Why Diamond has no resale value?

The reason resale prices for diamonds are so low compared with retail prices is that jewelers buy diamonds in bulk, at wholesale prices, which are much lower. … There is no reason for a jeweler to pay the same price for your diamond when such a stone can be bought for much less from a diamond dealer.

How much does diamond sell for?

For example, the cost of a one carat diamond can range from just $1,500 to more than $16,000 for an extremely well cut, high quality diamond, while a two carat diamond could cost as little as $6,000 or as much as $80,000 based on its shape, cut, clarity and color grades.

How do I sell my old diamonds?

Let’s look at some important tips you can use to help you sell off unwanted diamond jewelry.Provide a Grading Certificate From a Reputable Lab.Approaching a Jeweler to Take In Your Used Jewelry.Selling Diamonds On Your Own.Consigning Your Diamond With a Local Jeweler.More items…

How can I sell my diamond ring?

If you’re thinking of selling, try using the tips below for a simpler selling process:Be realistic regarding the value of your ring. … Avoid pawn shops. … Avoid local jewelry stores. … Do consider selling online. … Be prepared to wait if you sell privately.

Will a jeweler buy my ring?

Will a jeweler buy my ring? A local jewelry store may be interested in buying your diamond, gold or other precious metal or gemstone jewelry, though most diamond rings will be considered for scrap.

How much is a loose 1 carat diamond worth?

How much does a one carat diamond cost? The short answer: A 1.00 carat diamond can range in price from about $1,000 to over $12,000.

Why are some diamonds so cheap?

The primary reason for that difference is because the “quality of the original diamond crystal” was different for both the diamonds. Also be aware that in many cases, the worse stone may be priced at par with the better one (to take advantage of the lack of awareness).

Is a diamond a good investment?

Are diamonds a good investment? On paper, diamonds make great investment sense. They have high intrinsic value, they’re always in demand and they last forever – plus, they’re small, portable and easy to store (unlike that priceless Ming vase you just had to have at auction).

Does Kay Jewelers buy back jewelry?

Our diamond trade-in and upgrade services allow you to take any diamond jewelry purchased at KAY (excluding lab-created diamonds) you no longer wear and trade it in for a brand new jewelry item. You will get the same service, quality and exceptional value you’ve come to expect as a guest at KAY.

Do jewelers buy diamonds?

This is a fact. They do buy diamonds, they just might not buy them from you. Don’t take it personal, it’s just the way it goes.

Are GIA diamonds worth more?

Why are GIA graded diamonds worth more? Because, the diamond market knows that the grading standards for GIA are much stricter than those of EGL USA. Thus they are valued higher.

Is a GIA certificate worth it?

In the end, no one selling a real diamond should protest to having it certified. … Laboratory grading is inexpensive and well worth the cost if the diamond is over $1,000. Check out the GIA grading services for loose diamonds or the more limited AGS mounted diamond grading report.