The resale value of diamond rings can be incredibly low, but there are ways to increase your chances of getting top dollar. Before you put your ring up for sale, consider these four things:
The sell diamond ring itself is important, but the resale value of a ring can also be affected by the brand, shape and setting. For example, a diamond in a trendy style is usually worth more than one that’s less popular.
1. Carat Weight
The carat weight of a diamond is the largest factor in its resale value. This is because larger diamonds are rarer and more expensive.
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Traditionally, jewelers have used the term “carat” to refer to a gemstone’s weight. It is a small unit of measurement equal to 200 milligrams, which is divided into 100 points for precision.
In 1907, the Fourth General Conference on Weights and Measures standardized the carat system. Before that, different countries used their own standards for gem evaluation.
Today, digital scales are able to accurately weigh even the tiniest gemstones. This makes it easier for gemologists to determine the carat weight of a diamond. The carat is one of the 4 Cs of gem grading, along with color, clarity and cut.
2. Shape
The shape of a diamond is an important factor that affects its appearance, price and brilliance. There are many different diamond shapes to choose from, including round, princess, radiant, cushion and marquise.
The most popular of diamond shapes is the round cut, which combines classic beauty with modern style. It offers 58 facets of brilliance, making it the ideal choice for a timeless ring design.
But while round diamonds offer the most fire and brilliance, they can be expensive to purchase. If you’re looking for a more affordable option, consider a pear or oval shape.
Oval diamonds, in particular, can appear larger than their stated weight due to their elongated shape. However, they can also be difficult to clean, as they can easily trap dirt and debris inside of them.
3. Setting
A strong setting can really help you tell a story. If the setting is as compelling as a well-crafted story, it will make your reader feel like they are there on the page with you. Fortunately, it isn’t as difficult as it may sound to create a memorable setting.
The best place to start is by planning and researching your setting. The key is to be smart and strategic about your research so that you can find the facts you need to tell your story without losing sight of your main purpose. The most successful settings will be those that are inclusive and logical.
While the most obvious component of a well-crafted setting is the characters, you can’t neglect the physical surroundings as much as you may want to. This includes the weather and climate as well as a variety of other factors such as available parking, access to shopping centers and other amenities, and the number of people who will be using it.
4. Cut
The cut of the where can I sell my diamond ring in Perth is the most important factor when it comes to a ring’s value. This is because it controls how much light reflects off of the stone, making it sparkle.
It is also a key determining factor for how symmetrical and proportionally well-cut the stone is. Good proportions and symmetry will reflect light more than poor ones, giving your stone the ability to gleam from every angle.
This is why it is very important to look for a GIA-graded stone. They can be more expensive, but they will also command a higher resale price.
Conclusion
This is why you should try to sell your diamond ring through a professional who knows how to get the best possible value for your stone. This can be done online or at a physical shop.
