Thinking of Getting Cash for Diamonds? Here are 5 Quick Tips

Cash for DiamondsLife is characterized by many challenges and one of them is financial obligations. While it’s meant to believe that diamonds are forever, there are some instances when your financial status may force you to sell or pawn your beloved jewelry. Buying diamonds is easy. However, the challenge comes when you want to pawn them off or sell them.

To help you make a sound decision, hulloansystem.com lists some quick tips to help you get cash for your diamonds.

Who are you selling to?

Previously, you could notice a gas station with a “we buy diamonds or gold” signpost hanging on a window. There were also multiple jewelry stores and it was difficult knowing who you could trust and who was fair when it came to valuing your unique diamonds. Nonetheless, nowadays you can review a pawn shop with the Better Business Bureau. Furthermore, you can talk to the proprietor, have them explain the process to you and ask any questions you have regarding the appraisal of your jewelry.

Prepare it for sale. 

If you have an old diamond pendant that was passed on to you years ago, you can restore it back to its original state to fetch a decent price. You can clean it with some soap and warm water. But if you’re not too sure about cleaning it yourself, you can have a professional do it.

What is the value of your piece?

Before liquefying your jewelry, it’s important to first determine its true value. You can do this by looking at the price of similar pieces of jewelry. Additionally, you can have a pawn broker or a professional diamond buyer evaluate your piece for free.

Does the buyer accurately assess your diamond jewelry?

An experienced diamond buyer will test your jewelry with an electronic tester or just use a scratch test; they’ll then give you an offer based on the true value of your piece. Avoid buyers who just look at your piece and tell you its value; this may not be accurate.

Set a realistic price. 

Finally, you need to be realistic with your expectations. At times, it might not be what you valued it for or it might just be a pendant with a gem-like stone that is actually not a diamond.

To find out more, visit a pawn shop diamond service provider where everything will be explained in detail.