A standard complaint we hear in the diamond industry is that diamonds do not have high resale values. It’s common for a person to purchase a diamond from the jewelry store, and later realize that their diamond has lost an important percentage of its value – often 20% or maybe more by the time they choose to upgrade or sell it. Why does this happen? Is there in whatever way to prevent an important loss in your diamond investment? There are numerous factors a person can take into consideration to improve their diamond’s resale value before they buy it, as well as before they attempt to offer it. Listed below are the most effective ways to decide on a diamond with the greatest resale value.
1) Buy Certified, Sell Certified
Whenever you buy a diamond, it’s crucial that you make sure that it comes with a Diamond Grading Report from a reputable diamond grading laboratory. Probably the most commonly used and well-recognized laboratory in the USA could 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 diamond; otherwise they have no means of determining the actual characteristics, and therefore value, of a diamond.
Similarly, it’s important to help keep the diamond certificate with you to show the store or diamond supplier you’re selling to. With no certificate, you’ve to depend on the sales associate’s word on the colour, clarity, etc. of the stone, and you could be offered a cheap than you wanted to offer for. A stone grading report is a vital tool in determining the actual value of one’s diamond, and is your very best bet at obtaining a proper resale value for the 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, then you’re able to see this certificate number and easily tell that the diamond matches the diamond grading report เพชรร่วง. With no laser inscription, it may be problematic for both the client and the retailer to determine if the diamond matches the grading report exactly. A laser inscription is just a quick and accurate way to fit a diamond and its corresponding grading report.This will remove any doubt that the diamond does not match the certificate and will increase resale value.
Additionally it is crucial that you keep in mind that some companies laser inscribe their particular logos or trademarks onto the girdle of the diamond, close to the certificate number. This tends to lessen resale value, since an organization will be unwilling to offer a diamond with another company’s logo on it. Your best bet would be to only purchase a diamond with a diamond 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 at the end of the certificate.
3) Choose Your Diamond Shape Wisely
When buying a diamond, it’s important to consider that certain diamond shapes are more pricey when in high demand, and that they will lose value if demand for that shape falls. A good example could be the marquise diamond shape. During the first and mid 90’s, marquise diamonds were popular and were therefore more expensive. During the first 2000’s however, public demand for marquise diamonds fell drastically, and so did their resale value. Consumers who purchased a marquise diamond in the first 90’s and sold it in the first 2000’s saw a massive drop in the resale value of the stone.
It’s always important to purchase the diamond shape that’s most appealing for your requirements and your cherished one, but if you’re open to many options I would always recommend buying a circular diamond. Round diamonds (also called Round Brilliant Cut) have now been the most popular and widely purchased shape for decades, and they have relatively stable price values when compared to other shapes.
4) Shop Around Online Before You Buy
This can very well function as worst mistake people make when buying their diamond. To maximize the resale value of one’s diamond, it’s important to purchase it cheaply in the initial place. Whenever you visit a retail jewelry store, often times the stone could have a large markup about it to cover the costs of rent, employees, etc. Buying a diamond online is an effective method to compare tens and thousands of diamonds to be able to find the best price, which will allow you to recoup a higher percentage of one’s purchase price when it’s time to sell again.
5) Research Similar Diamonds Before Selling
One of the best options to estimate your diamond resale value would be to pretend that you’re buying your own personal stone. There are lots of loose diamond searches online such as this one, which have tens and thousands of diamonds listed and will probably have one for sale that’s very similar to your own. Obviously, jewelry stores have their particular markups on diamonds to cover their costs and expenses, but finding an identical diamond will give you a rough estimate of simply how much another store can sell your diamond for. Whenever you know how much a shop is able to sell an identical diamond for, afterward you have a better, more realistic estimate in the marketplace price of one’s stone.