Understanding How Diamonds Are Rated: When You Want To Make Money Off Of Your Old Jewelry
When you have old jewelry lying around that you no longer wear, you may want to consider selling your jewelry to a professional buyer. What's important to remember is that you aren't going to get retail prices for your old jewelry. Depending on the condition of the jewelry, the quality of the diamonds within the jewelry and the quality of the piece itself will all help determine the price a buyer will offer you for your belongings. While you may not be thrilled with the amount you are offered, it's better than having the jewelry sit in a drawer. If you have old jewelry hanging around, it's time to have it assessed by a buyer.
The Four Cs of Diamonds: Clarity, Cut, Color, and Carat Weight
There are four aspects of a diamond that are looked at to establish what a diamond is worth. The clarity aspect refers to how clear the diamond is. The best rating is flawless, and it is just what the word implies. A flawless diamond doesn't contain any blemishes, while a diamond rated "included" is worth much less. There are varying degrees of inclusion for diamonds. The cut refers to how well the diamond reflects light. The more professionally cut the diamond is, the better it is going to reflect light. The carat weight refers to how heavy it is. The heavier the diamond, the more valuable it is. The color can be rated a D for perfectly clear, to Z which is considered light and cloudy. A D-rated diamond is the best rating.
When the Diamonds Are Part of a Piece of Jewelry
If you have valuable diamonds that are part of a necklace, ring, or earrings, the additional gold may be taken into consideration. The jeweler may simply look at the value of the diamonds and add in the value of the gold, or look at the entire piece of jewelry and give you a price based on their ability to resell the piece as is. You will probably get more for a nice piece of jewelry that can be resold vs. a piece that needs to be broken down and made into something else.
It's important to know the value of your belongings. If you don't like the price you are quoted, you don't have to take the offer. While you may want to get rid of your old jewelry, you can wait until you get more than one quote and then take your best offer. Contact a company like JBE Diamonds Inc for more information.