How To Sell A Diamond Ring Online
Wondering how to sell your diamond ring online? Although it may seem risky, buying and selling of diamonds online is quite common. Not to mention, it offers a plethora of benefits to sellers. For starters, you can sell your pre-owned diamond ring from the comfort of your home. And if you live in a far-flung or have convenience issues, online selling is your best bet.
Besides saving transport expenses and time, an online buyer will typically give you a better offer than a pawnbroker will.
That being said, where can you sell you diamond ring safely? How can you be sure that you will be paid on time? The following are some tips to consider while selling your diamond ring online:
Before selling your diamond ring, educate yourself on its strengths and weaknesses. Diamond rings come in an array of shapes, with round and princess being the most sought-after. What’s the cut, weight and size of your diamond ring? What’s the color? Is it pure? What makes your diamond ring special? The value of your ring depends on the 4 C’s i.e. cut, carat, color and clarity.
Once you have a clear idea of what you’re selling, you are in a better position to set a resale price. Also remember, a certified diamond ring can be sold at a greater price than a non-certified one.
Compare diamond prices
Next step, conduct a thorough research on the latest retail price of your ring. Check and compare prices. However, this is just a general indication of price. You are selling a used diamond ring. Thus, you cannot expect to sell it at the retail price.
Research your selling options
There are several platforms for you to sell your diamond ring. In order to select the best place to sell your diamond ring, check each online shop’s credentials and services. At the same time, take a look at previous customers’ feedbacks on their website.
How much experience does the online shop have in selling and buying diamonds? Do they also have a traditional store? Check out their services and product range listed on their website, as well we their social media pages. Is the buyer certified, licensed? Are they associated with professional and public organizations, such as Jeweler’s Board of Trade?
Equally important is to check the online store’s evaluation, return and upgrade policies.
Most importantly, never hesitate to ask about the online store’s services or credentials if it is unavailable on their website.
Before selling your diamond ring, make sure it is evaluated to determine its resale value. Consult a professional jewelry appraiser for this purpose. At JBE Diamonds Inc., our diamond experts have over 50 years of experience in assessing diamonds. Located in Manhattan, New York, you can sell your diamond rings and jewelry for cash online. We offer estimates by email or phone call as well as delivery, free of charge.