Where To Sell Gemstones In Singapore
October 19, 2022
An Expert's Guide to Gemstone Resale in Singapore
For centuries, gemstones have captivated with their beauty and rarity. But beyond their aesthetic appeal, they represent a tangible asset. If you are considering selling a gemstone in Singapore, it's crucial to understand the factors that will determine its true market worth.
The Resale Reality: Why Your Gemstone Might Be Worth Less Than You Bought
The price of a diamond is, for the most part, standardized globally by the GIA's 4Cs and reference price lists like the Rapaport. This transparency gives both buyers and sellers a clear benchmark. Gemstones, however, operate in a completely different world. Because they do not have a standard price list, their retail value can have a very high markup, which is the primary reason even an expensive gemstone can have very low resale value.
The lack of a unified system is due to the inherent uniqueness of each stone. Unlike diamonds, every ruby, sapphire, or emerald is valued based on a subjective combination of its hue, saturation, and tone. This complexity gives retailers a wider margin for profit, and it's where less-honest traders can make their money.
Comparison: Diamonds vs. Colored Gemstones
Here is a quick overview of the key differences in valuation and resale between diamonds and colored gemstones.
Feature
Diamonds
Colored Gemstones
Pricing
Standardized global price lists (e.g., Rapaport)
No standardized price list; varies by market and dealer
Valuation
Primarily based on the 4Cs: Carat, Cut, Color, and Clarity.
Based on a complex combination of color (hue, saturation), clarity, cut, rarity, and origin.
Transparency
High transparency and consistency in grading.
Highly subjective; requires an expert's eye to judge quality.
Resale Value
Generally holds value better due to standardization and high demand.
Often has a very low resale value, with exceptions for rare, untreated, and high-quality stones.
Singapore’s Gemstone Resale Market
The gemstone resale market in Singapore is a vibrant but complex ecosystem. It includes everything from private buyers and pawn shops to online marketplaces and specialty jewelers. While the market can offer a good return on certain items, it is largely unregulated for the public, meaning it's up to the seller to be knowledgeable and cautious. Key factors in the local market include the prevalence of online platforms, a growing interest in certified stones, and a strong demand for specific, high-quality gems.
What to Know Before You Sell: Key Factors Affecting Value
Before you approach a buyer, understanding your gemstone's key characteristics is essential. These factors can dramatically impact the price you receive.
The "Big Three" and Rarity: While all gemstones have value, the most sought-after for resale are the "Big Three": natural rubies, sapphires, and emeralds. Rare, high-quality, and untreated versions of these stones consistently hold their value and can appreciate over time.
The Power of Color: For colored gemstones, color is king. The rarity and intensity of the color—such as a "pigeon's blood" ruby or a "royal blue" sapphire—have the largest impact on value.
Treatment: Gemstones are often treated to enhance their color or clarity. While common treatments like heat (for rubies and sapphires) are widely accepted, untreated stones are significantly more valuable.
Origin: A certificate noting a stone's specific origin (e.g., a Burmese ruby or a Colombian emerald) can add a substantial premium.
Certification: A reputable gemological report is the most important document you can have. While a jeweler's appraisal provides a retail value, a report from a top-tier independent lab like GIA, Gübelin Gem Lab, or SSEF is a professional assessment of its quality and authenticity. It provides buyers with confidence and proves that the stone is exactly as described.
Case Study: The Gemstone Resale Rules
The rules for buying and selling gems are specific to each type of stone. The criteria used to evaluate a ruby, for example, are different from those for an emerald or a sapphire. As a seller, it is your job to understand these unique rules to maximize your return.
To illustrate, consider the case of a ruby, one of the most valuable colored gemstones.
Ruby Case Study: The Pursuit of Perfection
Meet "The Red Lotus," a hypothetical 2.50-carat ruby. Its journey from a mine to a buyer's vault is a perfect illustration of how every factor—from its origin to its certification—adds or subtracts from its final price. The Red Lotus is a prime example of a ruby that would command a premium in the market.
The Gemology Report: A Look Inside The Red Lotus
Origin: Mogok, Burma (Myanmar)
Impact: The Red Lotus's origin from the historic Mogok Valley gives it a significant premium. Burmese rubies are considered the finest in the world due to their unique geological conditions.
Color: "Pigeon's Blood" Red
Impact: This is the single most important factor. The Red Lotus exhibits the rare "Pigeon's Blood" color—a vivid, pure red with a subtle blue undertone. This specific hue is the most coveted and valuable color in the ruby market.
Clarity: Eye-Clean with "Silk"
Impact: Unlike diamonds, a ruby's value isn't strictly tied to a lack of inclusions. The Red Lotus is "eye-clean." However, it contains a small amount of fine rutile needles, known as "silk," which enhances its color and proves its natural, unheated state.
Treatment: None (Unheated)
Impact: The Red Lotus is a rare, unheated ruby, which adds a dramatic premium to its value. The vast majority of rubies on the market are heat-treated to improve their color and clarity.
Certification: SSEF & GIA
Impact: The Red Lotus has reports from two of the most reputable labs in the world for colored gemstones. These certificates provide unbiased, third-party verification of its origin and unheated status, giving the buyer absolute confidence in its rarity and value.
How Each Factor Affects a Ruby’s Price
Factor
Description
Impact on Final Price
Color
The most critical factor. The hue, saturation, and tone of the red.
Most significant. The "Pigeon's Blood" hue can increase the per-carat price by many times over other reds.
Origin
The specific geographic location where the ruby was mined.
Substantial. A Burmese ruby can be valued far higher than an identical ruby from Mozambique or Thailand due to its historical prestige and unique appearance.
Treatment
Any process to enhance the ruby's color or clarity, most commonly heat.
Major. An unheated ruby of high quality is exponentially more valuable than a similar heated stone.
Certification
An official report from a reputable gemological lab.
Adds a premium. Certs from top labs like SSEF or GIA provide a trusted opinion on origin and treatment, which is critical for high-value stones.
Clarity
The absence of inclusions.
Variable. A clean stone is always more valuable, but some inclusions, like "silk," are desirable as they can enhance the stone's beauty and prove its natural state.
Prioritize Gemstone Characteristics
When evaluating your gemstone, a buyer will look at a few key parameters. Excellent luster and brilliance are highly valued, as are natural stones free of visible inclusions that impact light performance. For example, a buyer will check for undesirable characteristics like color zoning, where the stone has an uneven color, or "windowing," where light passes through the back, making the stone appear washed out. These flaws can significantly reduce a stone's value.
Tips to Sell Gemstones for a Fair Price in Singapore
Start with a Professional Appraisal: Begin with an appraisal from a reliable source to get an objective market value.
Know Your Market: Do extensive research to find your footing and have realistic expectations.
Document Everything: Take high-quality photographs and carefully keep all original certifications.
Consider Your Options: Find out if the original jeweler will buy it back, or explore established gems and jewelry dealers for very high-value stones.
Scam Avoidance Checklist
When selecting a buyer, it is crucial to remain vigilant. Use this checklist to protect yourself and ensure a transparent transaction:
Verify Legitimacy: Does the buyer have a legitimate business with a professional, secure website and physical address?
Check Reviews: Look for positive, consistent feedback from past clients. Be wary of a site with only a few overly enthusiastic comments.
Ensure Transparency: Is the jeweler's phone number accessible? Do they possess deep business knowledge and offer a clear, transparent transaction process?
Trust Your Gut: If a deal seems too good to be true or a buyer pressures you to act quickly, it’s best to walk away.
Why SellyourJewellery Offers the Best Prices in Singapore
As a licensed specialist and a trusted source in the Singaporean market, we at SellyourJewellery are committed to providing a premium, transparent experience. We operate on a direct-to-consumer model, which eliminates the middleman and the high overhead costs of a traditional retail storefront. This allows us to offer market-based pricing that is far more competitive than what you might find at a pawnshop or typical jeweler.
It is important to note that while we are often interested in the goods, we reserve the right not to buy or offer after a meeting or a chat. Our decisions are based on the intrinsic value of the stone and its fit within our inventory. While we buy a wide range of jewelry and gemstones, our primary focus is on precious loose stones, such as natural rubies, sapphires, and emeralds. However, you are always welcome to try and offer us any quality stone as long as it is set in a jewel. We buy these stones based on their professional certifications, ensuring both parties get a fair deal. We are proud to have been recognized with the Singapore SME 500 Award in 2023, affirming our commitment to excellence and trust.
Customer Success Stories
The Family Heirloom: A client brought in a ruby ring she had inherited. She had been told by other jewelers that the stone was "common." After a thorough evaluation, our gemologists discovered it was an exceptionally rare untreated Burmese ruby. Our offer, backed by a clear explanation and a gemological report, was a full 200% higher than her previous offers, allowing her to realize the true value of her family's heirloom.
The Upgrader: A client had a small sapphire engagement ring she wanted to upgrade for her 10th anniversary. We gave her a great price on the original ring and offered a trade-in reward, which she used toward a stunning new 3-carat sapphire. The trade-in process was seamless and allowed her to upgrade her jewelry without the hassle of a traditional sale.
The Savvy Seller: A savvy seller came to us with a beautiful 3-carat emerald stone so nice it raised suspicion that it was treated. She was smart and said immediately that she first wanted a certificate so she had all the details before selling.
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Jewelry without a Certificate
August 22, 2022
Can I sell my diamonds and diamond jewelry without a certificate?
Here’s what to do if you don’t have the certification documents for your precious gems.
When it comes to buying and selling diamonds, it makes perfect sense that the industry requires certificates of authenticity. After all, these are highly valuable gemstones, and buyers want to be assured that they are getting what they pay for. But if you are selling a diamond ring or other piece of diamond jewelry, you can often get a good price without a certificate.
What is a diamond certificate?
Diamond certificates - sometimes called gemological certificates, or grading reports - are issued by accredited laboratories, among the best known of which is the Gemological Institute of America (GIA). The European alternative is the Hoge Raad voor Diamant (HRD), and other reputable gemological laboratories include are the Parisian Chambre de Commerce and the EGL (European Gemological Laboratories). The labs will issue certificates declaring the diamond’s characteristics based on what is known as the ‘4Cs’: color, clarity, carat weight, and cut. There is no single body that grades diamonds to define what a color or clarity grading is, and each laboratory has its own grading quirks and criteria. One may be stricter on color, for example, but more generous with clarity gradings. What matters is that they are all consistent, so buyers know what to expect from each laboratory.
Why do we ask for them?
There are a number of reasons that we ask for certificates when we buy diamonds.
Authenticity. The number one reason is to establish straight away that we are buying genuine, natural diamonds.
The Rapaport Price: Established by New York diamond broker Martin Rapaport in 1978, the Rapaport Price List is the industry standard for pricing diamonds - used by both dealers and buyers as a guideline for prices, based on GIA reports. A certificate gives us a clear idea of what we should be paying for the diamond.
Cracks or other defects. The certificate will flag up any cracks or natural defects that can affect the final weight of the diamond.
Diamond ID: The diamond certificate will provide us with a ‘diamond ID’ - detailing all its physical details and characteristics.
Cut parameters: The gemological certificate will give us the ‘cut parameters’ for the diamond, which will ultimately affect the pricing.
What if I don’t have the certificate for my diamonds?
Many people contact us to say that they do not have a certificate for their diamond, or that their certificate is lost, but they still want to sell. If you are dealing with individual stones - and especially ones of a high value - our recommendation is to have your diamond officially certified, preferably by the GIA. It is not an expensive process - expect to pay around US $50-80 depending on size- and will help you sell your diamond easily, and at the best price. When it comes to jewelry, remember that the family heirloom may well have been exaggerated over time. It’s worth having a couple of experts look over it before deciding whether to seek certification for the diamonds. And of course the opposite might be true: perhaps that piece of ‘costume jewelry’ is worth a fortune! Always seek the opinion of a trusted professional (or, even better, several trusted professionals).
Are there any alternatives to a certificate?
If funds are tight and you don’t want to fork out for an assessment and certificate, there are a number of ways you can get a decent idea of the price of your gem or jewelry item. You can ask a professional diamond buyer, or even a pawnbroker, to give you their professional opinion, free of charge. Be aware that they may have a vested interest in giving you a lower appraisal if they are considering buying the diamond, so ask at least two or three experts to get a solid idea of value.
Limited sale options
While you can save a little cash in the short term by not having your diamond officially evaluated and certified, it’s likely to limit the sales potential and the final price you might receive for your diamond or item of diamond jewelry. Many reputable buyers won’t accept diamonds without certificates, so you may be limited to selling on sites such as Ebay, or selling to pawnbrokers. While you might get a decent price, it’s likely to be less than you would get for a diamond with accompanying certificate and guide price.
GIA Inscriptions
Most diamonds that have been officially evaluated by the GIA come with a micro laser inscription on their girdle. The inscription is so small as to be invisible to the naked eye, but can be found with ease by a professional diamond dealer’s microscope. The inscription officially identifies the diamond, and links it to to the accompanying grading report and certificate. It’s a simple way for reputable traders to establish the cut and quality of a gem.
Do low-carat diamonds need to be certified?
There are some instances when it’s not a financially sound move to have your diamond or piece of jewelry officially certified. For example, diamonds below 0.30 carats are rarely certified, because they are not likely to be sold for a high enough price to justify the investment. Typically, the certification might cost around 10-20 per cent of the price of a small diamond, so many people choose to sell these without a certificate. For example, if you have a small stone from a diamond tennis bracelet, it probably wouldn’t be worth paying for an evaluation. Be sure to have it evaluated by two or more reputable professionals, though.
Can I sell my diamond ring without a certificate?
Whether it’s your own diamond ring or an inherited one, selling a diamond ring can have an emotional aspect to it, so it can help to keep a cool head when deciding how much to sell it for. The first step should be to take it to an expert for evaluation - many diamond rings are made with certified stones, so it could well be the case that you don’t actually need to have your stone certified at all.
It’s worth remembering that the GIA, and other gemological laboratories, will only evaluate individual stones, and not items of jewelry in themselves.
This is because they need to be able to examine the whole stone in detail, and some parts will be hidden by the ring or other jewelry item. So you essentially have two choices - you can have the stones removed, evaluated, and then put back with their inscription (this could be a solid option if you are looking at higher value stones), or you can take your ring to professional appraisers (again, it’s best to visit at least two or three to be sure of a fair appraisal) before putting your precious ring on the market. The same applies to necklaces, earrings, and other items of diamond jewelry you might like to sell.
Can I sell my diamond tennis bracelet without a certificate?
As tennis bracelet are usually made with smaller stones, it is not at all unusual for these to be sold without certificates. However, if your bracelet is made with larger, natural diamonds of over 0.50 carat, it may be worth having the stones certified.
A rare secret about natural diamonds…
As a certified gemologist, I can let you into a little secret about natural diamond jewelry. It is essentially impossible to assess the color, clarity, and cut quality when a diamond is mounted in a ring or other piece of jewelry, so any jewelry certificate or evaluation will not be 100 per cent accurate. And one person’s assessment may differ greatly from another. If you are dealing with a large diamond set in a ring, for example, it is worth having a professional remove the stone to be assessed and inscribed, and then remounted in the ring.
The ‘hidden secrets’ of diamond jewelry
The diamonds in your ring, necklace, or earrings might not be all that they seem. How so? Well, a good jeweler knows how to present the brightest, whitest side of a diamond when setting it in a piece of jewelry. To the untrained eye - or even the expert eye - it can be difficult to tell the ‘real’ color, clarity and cut quality. Sometimes an irregularity is hidden under a ring prong, for example, and can only be seen once we take it out.
Should I sell my diamond jewelry without a certificate?
The short answer is very likely to be ‘yes.’ Having a trusted professional look over your jewelry and assess it for quality and price recommendation should be enough. Unless the diamond is over 0.70 carat, it is probably best to leave it in place. There is a possibility that your diamond might be broken under the settings, in which case they would need to be recut, and the Rapaport price would drop. With older items of jewelry, any removed stones are likely to need recutting, so - again - unless it is a very large, white, and clean natural diamond, I would not be in a rush to have the stones removed and certified.
So, there you have it! If you are holding onto individual diamonds, it’s a very good idea to get them certified in order to be able to sell them to the right buyer, for the best price. If you’re looking at diamond jewelry, you should be able to sell without diamond certificates - just be sure to get a trusted professional to give you an idea of value, and don’t be afraid to ask for a few professional opinions in order to be sure of your asking price!
Gold Filled Jewelry: Things you May not Know About
June 11, 2021
Did you know that most of the jewelry marketed as "pure gold" is, in truth, gold filled jewelry? This article will break down and help you understand what gold-filled jewelry is and why it is cheaper than solid gold jewelry. We will also address some of the most commonly asked FAQs related to jewelry, like How long does a gold-filled jewelry last. Which is better, gold plated, or gold filled? Can you wear gold-filled every day? And is gold filled jewelry worth anything?
What Is Gold Filled Jewelry?
We use the term 'Gold-filled' to describe any jewelry primarily made of non-gold metals (called the base metal), which is then covered with a thick layer of gold.
You may hear of 'rolled gold jewelry,' 'jewelry with gold overlays,' or even 'rolled gold plating' in many places. All of these phrases refer to the same kind of jewelry - i.e., gold filled jewelry.
Since the primary metal in this jewelry is something other than actual gold, and gold is just used to coat the jewelry, it is cheaper. So, it costs less than solid gold jewelry made of gold with the same karat value.
How much gold is used in gold plated jewelry?
Generally, gold plated or gold filled jewelry features a thick, solid layer of gold on top of the base metal. Most often, this base metal is either sterling silver. The gold coating bonds mechanically to this base metal to give the jewelry its final appearance. Since gold filled jewelry uses a thick and uniform coating of real gold, it constitutes close to 5% of the jewelry's total weight.
You may also notice that jewelry items that are gold filled have more gold than jewelry that has a gold overlay or rolled gold plate. Yes, we had already discussed that all these terms carry the same meaning legally, but this slight variation does occur. We understand that the gold in jewelry items with gold overlay is usually less than 5% of the total weight.
How long does a piece of jewelry last?
It depends primarily upon how much gold has been used in the process. For jewelry that has a substantially thick gold layer, it may last anywhere between 10 to 25 years. Moreover, some of these jewelry items appear to be so well made that you may think they are better quality than actual gold pieces. One of the main objectives why people use gold filled jewelry is because of its durability. So if the gold plated is of high quality, it can last for a good number of years.
Karats and Gold-Filled Jewelry
The karat number of a gold-filled jewelry piece refers to the purity of the gold sheet wrapped around the base metal. Thus, if a gold-filled pendant is ten karats, for example, the item has an outer layer made of 41.7% gold. Below that top layer, there is another metal or alloy. Most gold-filled jewelry sold is between 10 and 20 karats.
Markings of Gold-Filled Jewelry
Gold-Filled Jewelry and Durability
The durability of a gold-filled item depends on the thickness of its gold layer and its karat value. It means that lower karats tend to be more durable as they contain less gold, which is soft.
Some pieces can last as long as 20-30 years. However, most gold-filled jewelry lasts between 3 and 8 years before the gold layer begins to wear through, depending on how often you put the piece on.
How is it made?
By now, you have understood the fundamental aspect of this jewelry - it is not made of pure or solid gold entirely. The gold is coated on the base metal, either sterling silver, brass, or any other metal. Now, the question remains: How is gold fused with these base metals?
Gold is fused to the base metal through the mechanical process of bonding. The gold sits on the surface of the jewelry after the heat has been applied to fuse it with the base metal. The fusion process is generally done using 10K, 12K, or even 14K gold. Depending on the quantity of gold used, it may constitute around 5% of the jewelry's total weight.
Is Gold-filled real gold?
Yes, the gold used in the plating process is pure or real gold. Generally, you will find that gold having a karat value higher than 10K is preferred for this purpose. The most common is the 14K jewelry. This genuine gold is just present on the surface layer of the jewelry. The rest of the jewelry is made of any base metal that forms the main bulk of the jewelry item.
So even though the gold used is real, this does not mean that this jewelry is solid gold. Instead, it merely has a pure gold coating on baser metals that form the solid core.
Is it of good quality?
When we talk of good quality jewelry, then this jewelry is undoubtedly a popular choice. It owes its popularity to its durable, resistant, and highly dependable nature. Many people prefer gold filled jewelry because it lasts for quite a long time. In addition, the base metal provides a strong core that external forces cannot damage easily. On top of this, if the gold plating is done well, then it has the appearance of high-quality gold. As a result, gold filled jewelry with thick coatings hold considerable value.
The most straightforward reason why a thicker layer ensures a better quality of this jewelry is that it will last longer. Keep in mind that this gold layer will slowly start to wear out. If your jewelry is sparsely gold filled, it will lose its gold-like appearance very quickly. On the other hand, gold-filled jewelry items with a substantially generous gold filling wear out slower and last longer.
Will gold filled pass the acid test?
You can understand gold filled jewelry's quality by its GF stamp, according to the Federal Trade Commission (FTC),. Overall, this is a reliable method to ascertain the value of gold filled. But there is another way to test your gold filled jewelry's authenticity reliably. It is done using the acid test.
We can understand the results of the acid test quite easily. If the gold filled has a thick layer, it will pass the nitric acid test comfortably. So, it passes the acid test. But be careful while performing this test, and do not make a deep cut into the jewelry because it may cause extensive damage to it.
Difference Between Gold-Filled and Gold-Plated Jewelry
Gold-plated jewelry is created through a technology that is different from the one used to make its pieces. The elemental difference between the two is that plated items are covered with a much thinner layer of gold. For this reason, gold-plated pieces tend to be less durable, and their gold coating wears down faster than that of gold-filled jewelry. Understandably, gold-plated items are also cheaper.
FAQs
How long does gold filled jewelry last?
High-quality jewelry can last anywhere between 10-30 years, and sometimes even longer with good care.
Which is better gold plated or gold filled?
The real gold in filled jewelry constitutes about 5% of its total weight. On the other hand, gold plated jewelry uses a lesser quantity of gold, and so it contains less than 5% gold of its total weight. Therefore, It is better because it has a thicker gold layer and lasts longer than gold plated jewelry.
Can you wear gold filled jewelry everyday?
Yes, many people wear gold-filled jewelry regularly because it is highly durable and great for everyday use.
Is gold filled jewelry worth anything?
Your gold-filled jewelry can be quite valuable depending on the thickness and karat value of gold used.
Conclusion:
In conclusion, we can say that this jewelry has strong popularity owing to its durability and appearance. It is also of higher quality and price than regular gold plated jewelry due to the larger quantity of gold used in gold filled jewelry. Moreover, the base metal provides a solid and dependable core, and such jewelry lasts for a long time.
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Radiant Cut vs Princess Cut : Which You Should Choose?
June 10, 2021
While discussing radiant cut vs princess cut, both of them are trendy for engagement rings. More similar than some cuts, these two diamond cuts both show an incredible square shape. One of the main variations between these two cuts is the corner. A princess-cut diamond has rough corners that are sharp, whereas the radiant cut has very carefully cut corners. The diamond shape is also one of the main differences between radiant cut vs princess cut; a princess cut is squarer, and a radiant cut is rectangular.
These subtle differences have a notable impact on the popularity of the stones. The princess cut is trendy, while the radiant cut is much less in demand. The radiant cut can reflect more light due to the combination of its facets. Therefore, it glows brighter than the princess cut. For women with busy lifestyles, the radiant cut is more fitting. Because it does not contain any acute corners which are likely to become snagged.
Princess Cut Diamonds
The princess cut diamond is trendy in the engagement ring world. A princess-cut diamond engagement ring is the second most prevalent style of engagement ring offered. Like the radiant cut, the princess cut was only recently developed. It was formed in 1980, and its overall versatility in jewelry makes the cut particularly captivating to buyers. Princess cuts are not just popular but also more affordable than most other cuts of diamonds. We can connect this low price to the process in which princess cut diamonds are made. Two princess-cut diamonds can be cut from the same rough stone. Keeping the stone at a high profit but lowering the waste immensely.
Radiant Cut Diamonds
Like the princess cut diamonds, the radiant cut diamond initially became famous in the 1980s. This ring is a nice middle-ground between the princess and cushion-cut diamonds. Therefore, the stone complements both round and square diamond settings entirely. A bowtie effect is more inclined to occur in more rectangular radiant cut diamonds. For example, a 3-carat radiant cut diamond would be very likely to possess. Because the bowtie effect due to its large surface area. Therefore, buyers should know the length-to-width ratio. They prefer to purchase the most significant diamond with the most miniature bowtie. It effect that they can for their radiant cut diamond engagement ring.
Which cut has the most brilliance?
Brilliance is the common aspect when discussing radiant cut vs princess cut. However, no two diamonds are alike, meaning that other factors like cut quality can influence the brilliance of a diamond simply as much as its form.
With this thing in mind, a radiant cut diamond will typically reflect more light than an equally well-cut princess diamond. Creating a slightly more suitable choice if you’re studying for optimal sparkle, brilliance, and fire.
However, a well-cut princess diamond can similarly be exceptionally gleaming, meaning that either diamond shape is an excellent choice. If you’re looking for a beautiful diamond that’s designed to reflect light. In addition, the radiant and princess cut have similar facets (70 vs 76 for the modern princess cut), making them very alike in brilliance and sparkle.
Which cut is more affordable?
One of the most affordable diamond patterns is the princess cut. It is because the cutting method for a princess cut diamond utilizes the most significant percentage of the primary rough diamond, with very little going to waste.
We found that the princess cut is approximately 40% less expensive than the brilliant round cut on mediocre. However, the radiant cut also uses a more significant percentage of the diamond rough. Such, offers excellent value for money. Our comparison on radiant cut vs princess cut found that the radiant cut is around 10% extra expensive than the princess cut. 34% less costly than an equivalent round brilliant cut diamond.
Which cut is more durable?
While discussing radiant cut vs princess cut, this is one field in which the radiant cut is the clear winner. However, as we briefly discussed above, the sharp, square corners of the princess cut can chip. If the diamond brushes upon a hard surface. As such, the radiant cut will generally be a better choice if your fiancé-to-be has an active lifestyle.
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Radiant cut vs princess cut design
From an artistic view, the radiant cut and princess cut share several standard features. They’re both angular, geometric diamonds with a rectangular or square shape. However, this is where the similarities finish, and the differences in design start to begin in radiant cut vs princess cut design. While the princess cut has square edges, the radiant cut has beveled edges that grant it a less geometric look.
From a durability viewpoint, this is a feature in the radiant cut’s favor. However, as we included in our princess cut guide. The sharp edges of the princess cut are apt to chipping. Especially if the diamond has inclusions close to its borders.
While the princess cut is square and usually looks its diamond size. When set in a ring, the radiant cut is typically rectangular. In addition, it has a long diagonal measurement that makes it appear larger than its carat weight. With this stated, some radiant cut diamonds do hold proportions resembling a square rather than a rectangle. Although this only accounts for a portion of radiant diamonds sold.
Finally, the princess cut has a bigger table than the radiant cut. It gives it a different, impressive appearance but can make it easier to spot inclusions in some princess-cut diamonds. Still, the facet pattern of the princess cut usually does an excellent job of making inclusions challenging to notice.
So now, after you learned the differences between a princess cut and radiant cut, you must have some additional questions. So let us help you with the most frequently asked ones:
. Is princess cut or radiant cut better?
The princess cut, as well as the radiant cut, are both trendy for engagement ring designs. Bearing a strong resemblance to each other, these two diamond cuts exhibit a beautiful square shape. One of the prime differences between these two cuts is the corner. These subtle differences do have a significant impact on the popularity of the stones. The princess cut is trendy, while the radiant cut is much less in demand. The radiant cut can reflect more light due to the arrangement of its facets. Therefore, it shines brighter than the princess cut.
. Are radiant cut diamonds more expensive?
A loose radiant cut diamond will be priced lower on a per-carat basis than most other diamond cuts. The radiant diamond is one of the most affordable diamond shapes. By choosing a radiant diamond over a round brilliant. You’ll be able to expend more of your budget on the engagement ring or a larger diamond.
. Do radiant cut diamonds look bigger?
In few cases, the elongated shape of radiant cut diamonds may appear bigger than a round of comparable carat weight. If if a radiant cut, or any other form, is cut too deep. It will be hiding carat weight and not appear as big as one of the same weight that is well-cut. Even if a radiant cut is proportioned to have a good ‘spread’ (surface area). If it suffers any light performance deficiencies, especially around the perimeter, it will look smaller than one with better brightness. Ideal cut rounds look larger than rounds of average cut quality of equal diameter. Because they reflect more light to the eye from edge to edge.
Cutters often use various roughs to cut fancy shapes. Rather than the more common octahedral rough used to cut rounds and princess cuts. The answer to the question as to whether a radiant cut looks bigger is ‘” it depends”!
Conclusion
Between the radiant cut vs princess cut, neither is the “best” choice for everyone. The princess cut gives a classic, beautiful look. With a developed design in the mid-20th century and an excellent level of excellence.
The radiant cut offers a more modern diamond shape. A slightly more prominent appearance, enhanced durability, and a likely increase in brilliance and sparkle.
If you are looking for ways to sell your old diamonds or diamond jewelry. We will be fortunate to assist you and help you sell it. It is the best option for you to get instant and good value for your old diamond jewelry. Just fill the form below, and one of our experts will contact you to schedule a free evaluation.
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Ever wondered if your gold jewelry is made of real gold or not? Very often, people mistake gold filled jewelry for real solid gold. If you have seen gold filled jewelry, you will know that it can be tricky to differentiate between them. This article will clear the most common doubts people face regarding gold filled jewelry and find out which is better for your jewelry - gold filled vs solid gold.
What Is Gold-Filled Jewelry? Is Gold Filled Real Gold?
Between gold filled vs solid gold, those looking for longevity and durability go for gold filled jewelry. And since gold filled jewelry has very little gold content in it, it is more price-sensitive and affordable for many people.
Gold filled jewelry is made by bonding real gold to a base metal via fusion. This gives it the appearance of genuine gold. The fusion process involves a high amount of heat and pressure applied to the jewelry so that the gold sits on the surface of the base metal. The resultant gold-filled piece is typically more durable than a gold plated piece.
You will find that the gold filled jewelry comes with some markings or stamps. The most common of these are 1/20 12kt GF and 1/20 14kt GF, and it signifies the karat value of gold used and the overall quality of the gold filled jewelry.
One difference between gold filled and gold plated jewelry is based on the quantity of actual gold used. In gold filled jewelry, real gold constitutes around 5% of the jewelry's total weight. The gold layer on such jewelry is also 5 to 10 times thicker than gold plated jewelry.
Is gold filled jewelry a good option?
You will find that between gold filled vs solid gold jewelry, the former lasts longer. The reason for this is simple. Gold filled jewelry uses a strong core metal like sterling silver or brass as the base metal. The real gold is fused to the top surface. Since the core is strong, the overall jewelry is stronger and more durable than solid gold jewelry.
Usually, we find that solid gold jewelry is prone to dents and scratches due to its soft nature. This does not happen with gold filled jewelry. Moreover, some people show signs of skin allergy and discomfort when they wear pure gold jewelry. This can also help you differentiate between gold filled vs solid gold jewelry.
What is Solid Gold Jewelry?
Did you know that the gold used to make solid gold jewelry isn't actually pure gold? Instead, it is almost always a mix of gold and other metals. In its pure form, gold is incredibly soft and malleable, which would not be ideal for a piece of jewelry with intricate designs. Pure gold can also be effortlessly scratched, dented, or damaged.
Also, did you know that pure gold isn't golden colored? It has a bright orange color which looks too bright and isn't associated with fine jewelry. Adding some other metals to it makes the gold stronger. It gives it the different shades of golden color that we usually come to associate with gold jewelry.
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How do we measure gold's purity?
The purity of gold is expressed in karats. We can measure the ratio of pure gold to secondary metals used in the alloying process by this system.
There are different types of gold comes, with varying values of karat. You must have heard of 10K, 14K, 18K, and 24K gold. The 'K' in these values stand for karat, which expresses the purity of the gold.
The numbers 10, 14, 18, and 24 represent how many parts of gold to other metals present in the mixture. So, gold jewelry bears the stamp of its purity for anyone to know its karat value.
The higher the amount of gold, the more expensive your piece will be. Counter intuitively, it will also be the least durable since it's made from a larger amount of pure gold and a smaller amount of more durable alloy metals.
How to differentiate between Gold Filled vs Solid Gold?
Just look at the gold markings present on the jewelry and the difference between gold filled vs solid gold will become crystal clear. You will find that solid gold jewelry has stamps like "10K", "14K," or "22K" on its surface. This is because the karat value of gold is essential in the case of pure gold jewelry. In some countries, especially in Europe, you may come across values like "0.75", "750," or "75%" stamped on the jewelry. Don't get confused. These values, too, represent the gold content in the jewelry. So, "0.75" is actually an 18K gold piece.
On the other hand, you will see that gold filled markings must have 2 values: One is the karat value which is the same as authentic gold jewelry like "14K", "18K," etc. The other mark that needs to be present on every gold-filled jewelry is the letter "GF". So, you can understand that a piece of jewelry is gold filled if it bears a stamp-like "14K GF".
Sometimes you may find "RGP" on jewelry instead of "GF." This code signifies "Rolled Gold Plate," which is similar to gold filled jewelry but has a lesser real gold content in the jewelry.
What if there are no markings or the markings are unclear?
Beware of fraudsters and some jewelers who may try to trick you. Sometimes they omit the "GF" or "RGP" marking on the jewelry and market the piece as real gold.
Sometimes, a piece of gold jewelry may not have any stamps or markings. Avoid dealing with such jewelry if you can.
However, you can still determine whether such jewelry is made of solid gold or is gold filled.
To find out the difference between gold filled vs solid gold, you can perform the acid test.
To do an acid test, you need to make a small scratch on the item's surface. If the gold filled jewelry has a thick gold layer, it will easily pass the nitric acid test.
But be careful while performing the acid test because a deep cut into the jewelry may cause extensive damage to it.
Suppose there is any indication that the vendor guarantees that the piece's gold surface will be suitable for a limited number of years, likely. In that case, the piece is not solid gold (although this is also not a perfect sign).
You can also read Gold Filled Jewelry: Things you May not Know About.
Where to Sell Gold Jewelry?
If you are looking for ways to sell your gold jewelry at the best price, you can visit us at Sell Your Jewelry. Our experts will give you a FREE evaluation of your jewelry and will offer you the best price in Singapore for your jewelry. Fill the form below and we will contact you back to schedule a meeting.
Here’s How You Can Identify Diamond Resale Value in 2021
April 15, 2021
Are you planning on selling your old diamonds? Whatever your reasons may be, we are here to guide you through it all. This article discusses all you need to know about diamond resale value and how to sell diamonds for the best deals.
How Diamonds Are Valued
To estimate the diamond resale value, you must take into consideration the market rates and prices of such stones.
The Gemological Institute of America or GIA lists four primary factors that affect a diamond’s value. These are known as the 4Cs – color, clarity, carat weight, and cut of a diamond.
Diamond Color: GIA classifies diamond colors on a scale of “D” to “Z,” where D represents colorless diamonds. Z signifies diamonds that are yellowish or light brown. When you resell diamonds, those with colors like blue and pink hold high value. A yellowish tint is not considered to be desirable in the case of white diamonds. Overall, if a diamond is clear and colorless, it shines brilliantly. Due to this, it has a higher diamond resale value.
Diamond Clarity: Very often, natural diamonds have many imperfections and flaws. This often compromises their clarity. But sometimes, these imperfections are too minimal to be noticed by the untrained eye. The diamond resale value also varies based on relief and inclusions present in the stone. Thus, the bigger the inclusion, the greater will be its impact on diamond clarity, and this will have a negative effect on the diamond value.
Carat Weight of diamonds: Due to the extreme precision required in weighing diamonds, the fraction of a carat can make a huge difference in the diamond resale value. As a result, you must keep an eye out for accurate weighing of your stone.
Diamond Cut: This involves facets, proportions, polish, symmetry, and depth given to the stone. The cut of the diamond determines the angle at which light enters it. If the light does not enter at the best angle, the diamond will not reflect light properly. This will result in a dark and dull appearance, which in turn will decrease the diamond resale value.
How to Estimate Diamond Resale Value
Estimating the diamond resale value can be pretty simple once you know what to do. First and foremost, you must compile the specifications of your stone to understand the diamond quality.
Start with the 4Cs. Understand how each factor affects the diamond resale value and compare it with the features of your stone.
Once you have understood where your diamond stands in the GIA grading system, browse through diamonds of similar grades. Check out their prices and how much they have been valued at. This will give you a clear picture of your diamond resale value.
Retail prices of diamonds are also dependent on other factors. Jewelers add extra charges to cover the overhead expenses. As a result, a similar diamond will be valued at a higher price at a jewelry store than the offer you receive for your diamond.
The most common place to resell diamonds is your local jewelry store. But keep in mind that your diamond will not fetch the same price you originally bought it for. So, set realistic expectations while reselling your diamonds.
Most jewelers may not want to buy your old diamonds because they can get them at cheaper rates from diamond dealers. So be prepared for low offers from such jewelry stores but don’t give in, or you will be ripped off.
Getting a Diamond Appraisal to calculate your diamond resale value:
You can get the diamond resale value by having the stone appraised by trained professionals. Diamond appraisals consider all the factors that generally affect diamonds and how your stone fares against the set standards.
Since jewelry appraisals are documents that contain the grading report of the diamond, you could opt for a diamond grading certificate.
In case you are planning on selling diamond jewelry and not just loose stones, it would be best to get a complete appraisal done. The final appraisal value of your diamond jewelry would list the diamond resale value of the stone and what you can expect for the other metal parts.
These values are based primarily on market rates and prices. Many jewelry appraisers even evaluate the diamonds based on how much they would cost to buy in the current market situation.
While you may not get the retail price for your old diamond, having an appraisal certificate saves you from getting ripped off by fraudsters who may try to convince you that your diamond is not worth much.
Getting an appraisal done is quite helpful since it gives you a firm footing while negotiating with potential diamond buyers.
Can Diamond Certificates reveal Diamond Resale Value?
Do you have the original documents which you received upon purchasing your diamonds? If your diamond came with a certificate, everything you need to know about the stone is already mentioned there.
Having a diamond certificate makes it much easier to resell diamonds at a fair price.
If your diamond did not come with a grading certificate, do not worry. You can send in your diamond at any renowned lab to get a complete grading certificate that will list your diamond’s characteristics.
Not only does a diamond certificate give you a clear picture of the diamond resale value, but it also helps you negotiate deals with potential diamond buyers without fear of getting cheated.
Some more factors which affect Diamond Resale Value
Your diamond grading certificate will take into consideration all possible factors to calculate the diamond resale value. Once this is done, the next step would be to find a buyer.
Your diamond’s resale value depends heavily on where you sell it. We have already discussed jewelry stores and the low prices they may offer.
In some cases, such stores provide store credit instead of cash. You can avail of this store credit when you make your next purchase from there.
You could also consider selling your diamonds to a thrift or pawn shop. However, these places lack trained professionals to assess your diamonds accurately. As a result, the diamond resale value at such places would be insufficient.
So Where Should I Sell My Diamond?
If you are in need of some instant money, you can solve your problem by selling old diamonds. You can contact Sell Your Jewelry and get the best diamond resale value in Singapore. Rest assured, we will buy your old diamonds and offer the best prices in the city.
Upon booking an appointment with Sell Your Jewelry, you receive a 100% free consultation with expert gemologists who will assess your diamond and calculate the diamond resale value. The entire selling procedure is fully transparent, safe, and hassle-free. The jewelry assessment takes place at our Singapore office and the stones are evaluated in your presence.
Click on the button below to get your free consultation now:
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What Makes a Diamond Sparkle or Shine?
April 14, 2021
When Rihanna sang “Shine bright like a diamond,” we all felt that. Think of anything shiny, and you will undoubtedly be thinking of diamonds. So, what is the reason for this shine, and what makes a diamond sparkle?
Reflection of light
We all know that rough diamonds have to be cut in order to shine. But why is this so?
Upon cutting a diamond, it begins to sparkle because of its ability to reflect light correctly.
When light strikes a diamond, only part of it is reflected. The rest enters the diamond and strikes against the multiple facets. This trapped light is what makes a diamond sparkle, and any well-cut and polished diamond makes optimum use of the light which enters it.
The proportions and cutting determine the angle at which light enters the stone and is what makes a diamond sparkle. If the light does not enter at the best angle, the diamond will not reflect light properly.
Moreover, the craftsmen take special care to cut and shape the diamond in such a way so as to enhance the light and dark areas. This contrast highlights the sharpness and clarity of the diamond, giving it a crisp look.
To understand what makes a diamond sparkle, we need to look at the factors that play a vital role in this process.
Internal reflection, Refraction & Dispersion of Light
When a ray of light strikes the surface of a diamond, only a small part of the light is reflected. Light enters the diamond through one of the facets at the top of the stone. It then travels from top to bottom, striking against the multiple parts.
Depending on the parts where the light strikes, diamond refraction takes place. As a result, light and dark areas are enhanced, which gives the diamond a clean, neat appearance.
You may have noticed flashes of color when light hits a diamond at different angles. This happens due to the process of dispersion.
Dispersion of light in a diamond is also commonly referred to as the “diamond fire”. When white light enters the stone, it splits into the constituent colors of the rainbow inside the diamond itself. These colors exit the diamond from the top and bounce back into the eyes of the viewer.
Diamond Cut
As you might have understood, the diamond cut holds the key to diamond shine and sparkle. To understand diamond cut, it is best to be acquainted with the basic parts of a diamond:
Girdle : This is the outer edge or diameter of the diamond. A well cut diamond can be judged by looking at the thickness of the girdle. Ideally, the girdle should be of proportional thickness to the size of the stone. Therefore, it should not be too thick or too thin. Additionally, the girdle should also be even throughout otherwise the diamond will appear deformed.
Culet : The culet refers to the flat portion of the diamond at the very bottom. Ideally, a culet should be very small. Many diamond cuts may not have a culet altogether.
Table : The diamond table refers to the flat surface at the top of the diamond. Since we look at any diamond from the top angle through the table, it needs to be well cut and polished. A good balance of percentage between the table and depth needs to be maintained for a diamond cut to sparkle well.
Depth : This is the distance between the table and the culet, i.e. the top and bottom of the diamond. The girdle divides the depth. The weight of any diamond is revealed by its depth. As a result, a good depth percent should be maintained for the overall aesthetic appearance of the diamond.
Diamond Clarity
Apart from diamond cuts, even the stone's clarity is important since it is also what makes a diamond sparkle. Very often, natural diamonds have many imperfections and flaws. This often compromises their clarity. But sometimes these inclusions are too minimal to be noticed by the untrained eye.
Diamonds that are free from internal flaws are extremely rare. Diamond value also varies on the basis of relief and inclusions present in the stone. Thus, the bigger the inclusion, the less will the diamond shine.
Blemishes in a diamond can also take the form of small clusters of pinpoints, internal grains, cracks or cavities. These prevent free movement of light inside the diamond. As a result, such diamonds appear whitish, hazy or dull in appearance depending on how closely clustered these imperfections are.
Polishing a Diamond
Polishing a diamond is the final step, also called the finishing touch to the stone.
Looking for a place to sell diamond rings for cash?
6 Ways How You Can Check A Fake Diamond Bracelet
April 13, 2021
Do you have a diamond bracelet you received as a gift or as an inheritance? Have you ever wondered if the stones in the bracelet are authentic or not? It is important to check if yours is a fake diamond bracelet because its authenticity affects its resale value if you ever want to sell it.
We have compiled a list of popular tips and tricks that can help you check the authenticity of your diamond bracelet.
Take A Breath Test
Perhaps the most common technique of checking fake diamonds is to take the breath test. Simply breathe on the diamonds and observe carefully. Your diamond must have fogged up but what is important is how long it remains in this state.
Real diamonds tend to clear up almost immediately. On the other hand, the stones on a fake diamond bracelet will remain fogged up for a longer duration and appear dull.
Note that while the breath test is extremely common and straightforward, it is not a foolproof method. The moisture on some fake diamonds may also clear up quickly, giving the impression of a genuine diamond bracelet.
Real Diamonds Should Not Have Scratches
A natural diamond can sometimes chip, especially in the corners or edges. But diamonds are incredibly durable, which is why they should not have scratches on the surface. Using this information, we can check for fake diamond bracelets. Check the stones on your bracelet. Does it have scratches? If yes, then it is most likely a fake diamond bracelet.
Keep in mind that the market is flooded with fake or synthetic diamonds that resemble the original. Some of these stimulants are made of glass, cubic zirconia, which are softer and more prone to scratches.
But this scratch test won't work on new bracelets because the new fake diamonds will be in top condition, without any scratches. So, what can you do to check a fake diamond bracelet?
You can purchase a diamond tester and use it to detect fake diamonds. In case you want to sell diamond bracelet, click here to book a free appointment.
Using Water to Check the Diamonds
Naturally occurring diamonds have a high density. As a result, they sink to the bottom when immersed in water. You can check the diamonds in your bracelet using this information.
Simply fill up a glass with regular tap water and drop the diamonds into it. If the stone comes up and either floats to the top or even to the glass's mid-level, then it is a fake diamond bracelet.
Check your diamond bracelet with a Black Light
To check the authenticity of stones in your bracelet, get hold of a black light. Next, turn off the lights and hold the stone in front of this black light. Genuine diamonds exhibit fluorescence, mainly blue color. So, if your diamond is real, it should produce a bluish tint under black light.
If your diamonds show a yellow, green, or any other fluorescence, it is most likely fake.
But this does not mean that all naturally occurring diamonds exhibit a blue fluorescence. Sometimes natural diamonds have different fluorescent shades.
Using a Magnifying Glass
If you want to check whether your diamonds are real or fake, you can use a magnifying glass. Examine the diamond through the magnifying glass and look for visible flaws, imperfections, and inclusions inside the stone. Suppose the stone is absolutely flawless, then it is most likely a fake.
The reason is that natural diamonds have a little to a lot of imperfections within the stone. These are known as diamond inclusions, and they affect diamond pricing.
Any diamond with no internal blemishes is either a top-grade diamond and extremely expensive or an artificially created stone.
Diamond Testers
These days, several people prefer purchasing a diamond tester to check their fake diamond bracelet. Since these are readily available in the market, you can try them out too.
They are devices that use heat and electrical impulses to check a diamond's authenticity.
You could even approach a jewelry store and ask them to check your diamond bracelet. Most of them use such diamond testers and do it for a nominal sum.
Since diamond testers use either heat or electrical impulses, sometimes the results may vary. Heat can sometimes mistake moissanite for a diamond due to their similar heat conduction properties. This is why testing a diamond through electrical impulses is more accurate.
Unreliable Methods to Detect Fake Diamonds
We have discussed some methods that are reliable when it comes to checking whether or not it is a fake diamond bracelet. Now let's look at some common but incorrect ways of testing a diamond's authenticity
Scratching a glass
Some people believe that only diamonds can scratch glass. But this is not true. In fact, any hard gemstone can scratch glass surfaces.
Looking through a diamond
Again, this is a common misconception when it comes to checking if a diamond is real or not.
According to this method, if you look through one side of a diamond and something placed on the other side is clearly visible, then it is a fake stone. This is because diamonds are known to distort light, so you should not see anything clearly through the stone.
But this method is inconclusive because some real diamonds with shallow cuts allow some light to pass through, and you can make out the objects or text placed on the other side of it.
Where to sell diamond bracelets?
If you have a real and not fake diamond bracelet, you can sell it and earn instant cash. Sell Your Jewelry is the place for those who wish to sell diamond bracelets. We buy all kinds of old, pre owned diamond bracelets and we give the best prices in the city.
All you need to do is fill out an online form to book a free consultation with our expert gemologists. They will evaluate your diamond bracelet and offer the best deal for it. The entire process is fully transparent, hassle-free, and secure.
Get started by clicking on the button below and our experts will contact you back as soon as possible:
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8 Types of Gold Used for Gold Jewelry You Didn’t Know About
April 12, 2021
Gold is more or less the first thing that comes to mind when people think of jewelry and precious metals. It has a vast history of use, from coinage and trade to jewelry making and religious purposes. Despite all this, not everyone knows that there are different types of gold. The types of gold depend on color, purity, and various other factors.
Let us now discuss some types of gold that exist and how exactly they are made.
Gold, gold, what is your color!
Gold is associated with the color yellow. Any colored gold alloy of pure gold with a different tone is not well recognized.
Rose Gold: Rose gold is another color in the types of gold color we have in the market. It acquired by mixing copper metal. The amount of copper in Rose gold determines the rose gold color. Rose gold with a high concentration of copper gives a reddish look, and it is also called the "Red Gold." Pink gold is also a sub-variety of rose gold, resulting from less mixture of copper, giving it a somewhat soft color. So, these types of gold are also known as "pink gold."
Black Gold:There are various methods to obtain this type of gold. One straightforward way is to cover the surface with a black compound, say black rhodium. Another method to obtain this type of gold is to treat the surface with a chemical that reacts and turns it black. Oxidation of gold which contains cobalt, iron, or titanium, can also give this type of gold.
Green Gold:Mixing of gold with silver and sometimes cadmium gives this type of gold alloy. Green is not a prominent type of gold but offers a greenish tone to the yellow gold.
Grey Gold:Copper, silver, and manganese are mixed to get the grey type of gold.
Gold is a chemical element. If we were to discuss its chemical analogy, its symbol is Au with the atomic number 79. The ductility and malleability of gold remain unaffected even after exposure to air and water. Gold can be changed to any shape by heating. In its appearance, gold in its natural form is yellow, making it stand out in other metals that are generally gray, silver, or silvery white. The strength of gold is very high, and at the same time, its versatile nature and malleable property make it perfect to be used in jewelry making.
Yellow Gold
Among all types of gold, yellow is the most prominent color of gold. As a result, yellow and gold are also used interchangeably sometimes. It is worth noting that gold is generally yellow, but it is not precisely how gold looks in its pure form. Other metals are used as alloys to make them strong because gold in its pure form is very soft and not so, isn't suitable for jewelry making.
In this connection, gold sold in the jewelry stores are generally of varying degree pure and contain different amounts of impurities. The percentage of gold content determines the karat number of the gold.
The gold with lower karats, in comparison to higher karats, is durable and more suitable for making jewelry. The less the actual quantity of gold, less its karat number is, but the more its durability will be.
Gold Karats
We measure the quality and purity of gold in terms of karats. Diamonds are also measured in karats, but there are differences between them. Gold is characterized by its purity, which is a ratio divided into 24 parts of its karats. In this connection, pure, or natural, or 100% gold, will have a rating of 24 karats or 24K. As mentioned above, gold with 24 karats, and even to some extent, 22 karats, of purity are not suitable for jewelry making. For jewelry making, the type of gold used is 18K, with 75% of gold, and 14K gold, which has about 58.3% of gold. It may be surprising, but gold as low as 10K. Containing only 41.7% of gold, is also used in making jewelry. Metals like silver, copper, zinc, and nickel are alloyed with gold to make it hard enough.
These metals or impurities give the required strength to gold so that jewelers can use it to construct jewelry. The precise amount of gold present in the alloy determines the color and radiance along with the price of gold. The color is the final result of different metals mixed with pure gold and their quantity used. Pure 24K gold is yellow, but the other types of gold, as discussed above, like purple, green, and pink, amount to these impurities and lower karats. There are different types of gold, like black gold and white gold, in which gold is present, but the pigment results from some other metal being mixed with pure gold.
Where to Sell Your Gold jewelry
If you are confused about where to sell gold jewelry or gold and whom to approach. Then Sell Your Jewelry is the one-stop solution. Here you can sell your gold comfortably and get the best possible price for it. Compared with other such platforms, Sell Your Jewelry proves excellent deals and gives the best service possible. It is for sure that you will not regret going to this platform, and fructify the most beneficial deal for you and will get the best price possible.
Sell Your Jewelry has a vast network of buyers who will give you the best price and ensure that no one goes disappointed. The gemologists and jewelry experts are the best in the field and extend the best help to get the best practices to sell gold. [greeting]
Selling gold bracelets can be tricky. We are here to help you navigate the gold market and avoid tricksters and frauds. Our suggestions have been tried and tested for those who wish to sell gold bracelets and get the best deals out of it.
Selling a Bracelet to Gold Dealers
Perhaps the easiest and most secure way for you to sell a gold bracelet is to offer it to gold dealers. They buy gold from different sellers in order to resell it to gold refineries. Here the gold bracelet that you sold is then melted and reused.
Many gold dealers encourage people to sell gold bracelets and offer a good sum of money. They may purchase your gold to recycle or keep it to themselves.
When you sell a gold bracelet to a dealer, the price of gold they offer depends upon the gold content of the bracelet.
If your gold bracelet is simple and not something rare, you would find gold dealers to be a good option to sell your gold bracelet.
But if your gold bracelet features some unique design or is an antique piece, the gold dealer will not keep that in mind and will treat it in the same manner as an ordinary gold bracelet. So, bear in mind this point while approaching gold dealers to sell gold bracelets.
How Much Money Can You Get for Your Gold Bracelet?
To find the value of your gold bracelet, you can go for a jewelry appraisal.
You could go for either one of these three credible institutions that appraise your jewelry and tell you it’s exact worth:
The American Society of Appraisers, the International Society of Appraisers, and the National Association of Jewelry Appraisers.
These three institutions hold the highest levels of professionalism and expertise. They charge a consultation fee based on an hourly basis. Once the appraisal of your gold bracelet is done, you can get a concrete idea of what your gold bracelet is worth.
Don’t disregard your gold bracelet just because you think it is old or ordinary. There are many instances where old gold bracelets brought in to sell turn out to be rare and fine gold jewelry.
When you sell a gold bracelet, keep in mind that jewelry from exclusive and famous designers or from big luxury brands have a high resale value. During the appraisal, the experts will guide you on this.
Gold Content
To find out the realistic price you can get by selling gold bracelets, ask for the melt price of your jewelry. most experts consider it to be a great deal if you managed to get between 70 to 80% of the melt value.
Or, if you know the karat value of your gold bracelet, simply divide the karat number by 24 and then multiply the result by 100. This gives you the gold percentage of your bracelet.
Weighing Gold
The weighing process of your jewelry is very important when you go to sell a gold bracelet. Gold prices are calculated per unit of weight. So, you need to find the accurate weight of your gold bracelet in grams.
Once you’ve weighed your bracelet, use the aforementioned formula to calculate the gold percentage. Then, multiply the gold content value with the weight in grams. This will give you the total value of pure gold in your bracelet.
For example, if you have an 18K gold bracelet weighing 20 grams, and 60.2% of it is pure gold, then your final value of pure gold will be 20 g x 60.2% = 12.04 grams.
What About the Stones in Your Bracelet?
This depends entirely on the types of stones embedded in your gold bracelet. But the bottom line remains the same – do not expect to get retail prices for the stones when you sell gold bracelets.
If the gold bracelets contain precious stones such as diamonds or even other gemstones, they will be assessed individually to determine their value.
They will primarily be checked for the 4Cs – color, clarity, carat weight and cut of diamonds. These play a significant role in determining the value of diamonds.
You can check out our in-depth guide on factors that affect diamond prices to get a clearer picture of what to expect.
Gold dealers may not offer a good price for the stones because they have no use of it. This is why you should only approach gold dealers for bracelets that do not have diamonds or gemstones.
Or get the stones removed before selling it to the gold dealer.
You can even sell the stones separately or with the bracelet to retail jewelers.
Can You Sell Your Gold Bracelet to a Jewelry Store?
If you want to sell gold bracelets immediately, you could visit your local jewelry store, preferably the one where you originally bought it from. Jewelry stores buy back old gold bracelets in order to either melt them or simply resell them.
In case you want to buy new jewelry by exchanging pre owned gold bracelets, jewelry stores have an option for that too.
Most jewelry stores provide buy-back offers or in-store cash points. You can avail these while shopping for your next piece of jewelry upon exchanging your bracelet.
Jewelry Auctions
Jewelry auctions are easy to set up. You can find tons of online auctions taking place where you can sign up to sell diamond bracelets or fine gold bracelets.
Jewelry auctions are particularly advantageous for you if your gold bracelet has a unique design or is a rare piece.
In such cases, you could find buyers who will pay you more than the price of the metal. Such deals are very profitable.
Do you want to sell a gold bracelet without any hassle?
We’ve got you covered. At Sell Your Jewelry we purchase old, pre owned gold bracelets and offer the best prices in the city.
Book a free appointment and bring in your gold bracelet for assessment by our experts.
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