5 Things to Know Before Selling Your Diamond Engagement Ring

The shape of your diamond can affect the resale value as much as the 4 C’s, cut, color, clarity and carat weight.

  • Round cut diamonds are the most in demand and command a premium over most all other shapes; as much as a 20% premium.
  • Princess cut, Cushion cut Asher cut and Radiant cut are the next most in demand and popularity.
  • Next would be Emerald cut, oval and pear-shaped.
  • Marquis cut although very popular in the 90’s are now the least popular and least in demand and sell for less than all other shape.

The cutting proportions of your diamond are critical in its resale value. This pertains to all shapes. Cutting alone can affect the value of your diamond as much as 20%.

 

understanding the proper cut for selling a diamond ring
Fluorescence is not desirable in a diamond. Depending on its intensity it can decrease the value when selling a diamond ring by as much as 10 to 15%.

 

Color guide for selling a diamond engagement ring

Clarity guide for how to sell an engagement ring
A GIA diamond certificate is the only diamond certificate recognized the world over. ALL the others companies such as the EGL, IGI and other companies issuing diamond certificates are subject to suspect!  A GIA diamond certificate is your best assurance of getting what your diamond is worth. If you do not have such a certificate but do have an appraisal or a copy of your sales receipt please scan it and e-mail it to us and we will call you to discuss exactly what you have.

A sample GIA report that is critical for getting full value if you wish to sell an engagement ring
Credibility: Only deal with a company that has a GIA trained gemologist on staff. Mike Menser the owner of Diamond Buyers is and has been for over 50 years. Also, only deal with members of the Better Business Bureau. “Show me the money” definitely holds true when selling a diamond or engagement ring. Be certain the company buying your diamond has the ability to pay for it and do so promptly. Diamond Buyers guarantees to wire transfer the money into your bank account the same or next available business day you approve our offer. You may contact Zion’s bank to verify guarantee of payment.

Borrow money for an investment

Everyone knows the old saying, “It takes money to make money.” But it can be difficult to borrow money for an investment, especially if you are under a time crunch. Diamond Buyers makes it easy for you to borrow money using diamonds, designer jewelry and/or luxury watches as collateral for an asset-based loan.

Borrow money for an investment opportunity by using your fine jewelry to get an asset-based loan from Diamond Buyers.

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Keep your jewelry out of a pawn shop, borrow money from us instead

Many families have precious family heirlooms handed down from generation to generation, which can be useful when you’re in need of quick cash. However, no one wants to lose their jewelry forever to a pawn shop, so why not borrow money on it instead. Diamond Buyers is not a traditional pawn shop, we allow you to borrow money against your jewelry, diamonds, and luxury watches. And the best part is you get your jewelry back once the loan is paid off.

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Borrow money online from Diamond Buyers

In today’s tech-savvy world the most competitive market is online, which is great for consumers. The days of walking into a bank, filling out paperwork, looking up credit scores and tracking work history are mostly behind us. With all the modern advances, consumers now demand efficiency, especially when it comes to getting their money. That’s why it’s now easier than ever to borrow money online using your jewelry.

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Borrow money for business expenses

Whether you’re just beginning your business venture or making modifications to your current establishment, it can be difficult to find the best place to borrow money for business expenses. Even with the improvements in today’s economy, bank loans remain just as scrupulous as they were around the recession. However, asset-based jewelry loans are becoming more and more popular because of their simplicity and efficiency.

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Borrow money for your kid’s tuition

We all know how exciting and scary it can be when your teenage child graduates. They’ve put in the effort and time to keep their grades up, maybe even have a summer job, to prepare for college. Of course there are all sorts of college and government scholarships, grants and loans, but did you know there may be money waiting in your jewelry box? With traditional financial aid getting more and more competitive, an asset-based loan may be a more practical option to borrow money for tuition.

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Use Your Jewelry to Borrow Money for Infertility Treatments

Deciding to have a baby is a big decision that can become very stressful if you are having trouble conceiving. Deciding on the best course of action with the various medical treatments and procedures for infertility can be overwhelming. Don’t let your finances stop you from choosing the best option that will make your dreams a reality. Use your fine jewelry to borrow money for infertility treatments. Get an asset-based loan from Diamond Buyers and bring your own little bundle of joy into the world.

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Borrow money until your payday at Diamond Buyers

Waiting on your paycheck to arrive so you can pay off bills, make a down payment, or front the bill for a vacation on your time off? Payday loans may look like a good short term option to borrow until your payday, but they often come with strings attached. You might be left with unexpected debt, even after your paycheck arrives. So why not choose a safer, simpler option to borrow cash? An asset-based loan against your jewelry can get you enough cash to bridge the gap until your hard-earned paycheck arrives.

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