How much money do you get if you sell a diamond?

Diamonds resell for 25% to 50% of their purchase value. So if you purchased your diamond jewelry for $1500, the resale value will be somewhere near $855-900, depending on the buyer’s preferences. That’s why only rare and big diamonds are good for investments.

Do diamonds have resale value?

Diamonds do have inherent value. There is a resale market. In the US, it may even be as much as 5 per cent of total supply.” While India cuts and polishes 90 per cent of the world’s rough diamond production, it accounts for about just 7 per cent of global diamond jewellery sales.

How can I sell my diamond?

Sell your diamonds through a consignment shop.

1. Look for a consignment dealer who specializes in gems or estate jewelry.
2. Make sure you find a dealer with good references and reviews.
3. Most consignment dealers will take a 25-40% commission on whatever price they get for your diamond.

Are diamonds hard to sell?

Because diamonds are often symbols of passion or love, they can be harder to part with than any other piece of jewelry. Nonetheless, “you have to leave emotions out of selling,” says Rose. Sentimental value may raise the price of the diamond in your eyes, but a potential buyer won’t be so moved.

How can you tell how much a diamond is worth?

A diamond’s value is determined by its famous 4Cs: carat weight, color, cut, clarity. A value of a diamond is determined by an appraiser using these four dimensions while the value of a diamond ring adds the additional element of the quality of the band.

Do diamonds lose value after purchase?

Like a car, a diamond is a depreciating asset since it loses a large portion of its value the second you buy it. Think about gold and silver. The market for them is very liquid and fungible since you can store coins, sell them at any time or even trade them later on.

Do diamonds go up in value over time?

In general, diamonds do not increase significantly in value over time. Outside of a small number of rare or colored diamonds, the vast majority of diamonds have decreased slightly in value over the last few years, making them a poor investment from a price appreciation perspective.

Where can I buy genuine diamonds in Toronto?

We accept genuine diamonds in a variety of different forms: Pinto Gold and Jewellery Buyers has served Toronto and the surrounding areas for over 20 years, and are conveniently located at 2490 Yonge Street, near the intersection of Yonge and Eglinton.

What is it like to sell diamonds?

Selling diamonds can be an experience unlike any other. That’s because there is often a great deal of sentiment attached to diamond jewelry.

What type of jewellery do we buy?

We buy fine modern, vintage, and antique jewellery – and are experts in the evaluation of diamonds, rubies, emeralds, sapphires, opals, aquamarine, onyx, amber, etc. We buy all types of jewellery including engagement rings, necklaces, bracelets, earrings, cufflinks, pendants, brooches, etc.

Why buy diamonds from Gia & CGA Certified buyers?

Our GIA and CGA certified diamond buyers have years of experience evaluating diamonds. We consider all the factors that contribute to the value of your items including all characteristics of the diamond, craftsmanship, brand and market desirability.