A typical complaint we hear in the diamond industry is that diamonds do not have high resale values. It’s common for a customer to get a diamond from the jewelry store, and later find 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. So why does this happen? Is there any way to avoid a major loss in your diamond investment? There are many factors a customer can take into account to improve their diamond’s resale value before they buy it, in addition to before they attempt to sell it. Listed here are the very best ways to decide on a diamond with the greatest resale value.
1) Buy Certified, Sell Certified
Once you buy a diamond, it’s crucial that you make sure that it includes a Diamond Grading Report from a respected diamond grading laboratory. The most commonly used and well-recognized laboratory in the USA is the Gemological Institute of America, or G.I.A. Well-respected laboratories such as the G.I.A. perform independent inspection and testing on each diamond they receive and certify that the stone is 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’ve no method of determining the real 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. Without a certificate, you’ve to count on the sales associate’s word on the color, clarity, etc. of the stone, and you may be offered a discounted than you wanted to sell for. A diamond grading report is a vital tool in determining the real value of your diamond, and is your absolute best bet at getting a proper resale value for the diamond.
2) Check the Inscriptions
Many laboratories, including 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. Without a laser inscription, it could be burdensome for both the client and the retailer to find out if the diamond matches the grading report exactly เพชร 1 กะรัต กี่ตัง. A laser inscription is a quick and accurate way to complement 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.
It is also crucial that you remember that some companies laser inscribe their very own logos or trademarks onto the girdle of the diamond, next to the certificate number. This tends to reduce resale value, since a company is going to be unwilling to sell a diamond with another company’s logo on it. Your absolute best bet is always 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 remember that certain diamond shapes are more expensive when in high demand, and that they may lose value if demand for that shape falls. A good example is 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 an enormous drop in the resale value of their stone.
It’s always important to get the diamond shape that’s most appealing for your requirements and your loved one, but if you should be open to many options I’d always recommend buying a round diamond. Round diamonds (also called Round Brilliant Cut) have already been the most popular and widely purchased shape for many years, and they’ve relatively stable price values when compared to other shapes.
4) Shop Around Online Before You Buy
This might very well function as the worst mistake people make when buying their diamond. To maximize the resale value of your diamond, it’s important to get it cheaply in the first place. Once you visit a retail jewelry store, quite often the stone may have a large markup on it to cover the costs of rent, employees, etc. Buying a diamond online is definitely an effective solution to compare tens of thousands of diamonds to be able to find a very good price, which will allow you to recuperate an increased percentage of your cost 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 always to pretend that you’re buying your own stone. There are many loose diamond searches online such as this one, that have tens of thousands of diamonds listed and will likely have one on the market that’s much like your own. Obviously, jewelry stores have their very own markups on diamonds to cover their costs and expenses, but finding an identical diamond will provide you with a difficult estimate of just how much another store can sell your diamond for. Once you discover how much a store can sell an identical diamond for, you then have a much better, more realistic estimate on the market price of your stone.