For many, a diamond is a symbol of love and commitment, but it is also a significant financial asset. If you are considering selling your diamond jewelry, understanding its true worth is essential. This guide provides a comprehensive look at diamond resale value in Singapore, including current market trends and professional advice on getting the best return.
Market Trends: What’s Driving the Value in 2025?
The last few years have seen a decline in natural diamond resale prices, largely due to the rise of lab-grown diamonds. However, with CVD (Chemical Vapor Deposition) diamond prices dropping considerably, the natural diamond market has begun to stabilize.
Currently, prices are falling due to the global socio-economic situation, but high-quality diamonds with high standards are showing a rise in value due to much lower production and supply.
For those looking to sell now, the market trends are in your favor if you own a specific type of stone. The current trends favor fancy shapes like oval, marquise, and cushion, in addition to colored diamonds. If your diamond is one of these on-trend shapes, you're in a good position to get a strong offer.
The Price Gap: What You Paid vs. What You Get Back
When you go to sell jewelry in Singapore, the difference between the retail and resale price is a common surprise. This gap is fundamentally caused by three key factors:
Retail Markup: This is the primary and most predictable reason. The retail price you pay includes significant costs for brand marketing, showroom overhead, and the retailer’s profit margin. These are all expenses a second-hand buyer has no interest in paying for. This reality means that from the moment you leave the store, the value of the diamond itself is all that matters.
How Well You Bought It: We see surprising gaps—especially pre-internet, but even today—between what people paid for the exact same stone from different retailers due to varying markups.
The Dealer's Buying Price: A dealer's offer can vary based on their need for specific inventory, how quickly they anticipate reselling the diamond, and general market fluctuations.
To illustrate this gap, consider the following hypothetical scenario:
Table 1: Hypothetical Price Journey of a 1-Carat Diamond
StageDescriptionPrice (S$)Wholesale ValueEstimated intrinsic value of the 1-carat diamond4,000Retail Price (Luxury)Price at a high-end brand, including high markup12,000Retail Price (Online)Price from a competitive online retailer5,500Resale Offer (Dealer A)Offer based on immediate resale potential2,500Resale Offer (Dealer B)Offer for a high-demand, well-certified stone3,500
The Main Factors Affecting Your Diamond's Value
Knowing the core characteristics of your stone is the first step toward understanding its value of diamonds in Singapore.
The 4Cs (Carat, Color, Clarity, Cut): A diamond’s value is fundamentally tied to its 4Cs. The bigger, whiter, cleaner, and better-cut the diamond, the higher its value. These are the non-negotiable standards for diamond grading in Singapore.
Extra Parameters: Brilliance and luster are crucial. Avoid stones with significant inclusions that impact light performance.
Market Demand by Shape: Consider current trends; fancy shapes like oval and marquise are currently popular.
Brand and Origin: Branded settings from luxury houses or rare natural fancy colors can command higher prices.
To further understand how the 4Cs impact resale value, here's a simplified comparison:
Table 2: Impact of 4Cs on Resale Value (1-Carat Round Diamond)
CharacteristicLower GradeHigher GradeImpact on Resale ValueColorJ-K (Slightly Yellow)D-F (Colorless)Significant IncreaseClaritySI2-I1 (Visible Inclusions)VS1-VS2 (Minor Inclusions)Moderate IncreaseCutGood/Very GoodExcellent/IdealSignificant IncreaseCertificationNon-GIAGIASignificant Increase
Expert Tips for Getting Top Dollar
Whether you are looking for where to sell diamonds in Singapore or simply want a diamond appraisal Singapore, these professional tips can help you maximize your return.
Avoid "BGM": Be wary of brown, gray, or milky tinges that have a lower value.
Check Fluorescence: Strong blue fluorescence can negatively affect higher color grades.
Focus on Perfection (if you plan to resell): Ideal cuts and absence of flaws increase resale potential.
Prioritize Certification: A certified diamond in Singapore, especially with GIA, is crucial.
Lab-Grown Stones: Understand the limited resale market for lab-grown diamonds.
By understanding these factors and market dynamics, you can navigate the process of selling diamonds in Singapore with greater confidence and achieve the best possible cash for diamonds in Singapore. Always seek a professional diamond appraisal in Singapore to ascertain the true market value of diamonds before selling to jewelry buyers in Singapore.
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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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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?
Sell Diamond Bracelets For The Best Price
April 9, 2021
What Is the Best Diamond Color Grade?
Diamonds go a long way back in history. In the olden days, people had attributed certain kinds of supernatural powers to it. One reason for this was because of how many Color grades the gemstone has. The amusing colors made them look unique and special, and different from the other gemstones.
The Color grades of diamonds have, over time, made some diamonds more expensive than others. And most times, this depends on how rare or common they are to find.
The D Color diamond is considered the highest grade of diamonds and is very rare. In fact, it is the highest diamond Color grade that can be bought with money. This Color of diamond is mostly used for crafting a diamond engagement ring.
How Many Diamond Color Grades Are There?
Now that you know that Color Grades affect diamonds’ availability and cost, let’s see how many there are. If you're enlightened on the Color Grades of diamonds, you will know which one you can afford. Also, which suits better and which is most suitable for an engagement ring or diamond earrings.
In total, and for now, there are a group of four diamond Color grades.
They include:
Colorless: D, E, F.
Faint: K, L, M.
Very Light: N, O, P, Q, R.
Light: S, T, U, V, W, X, Y, Z.
All the D-Z diamonds are considered to be white. However, they do contain a varying degree of color in their letters.
Note: the fancy Colored Colored diamonds we see from time to time don't count.
Diamond colors like pink, blue and yellow are on a separate Color scale.
The M Color Grade diamond is the lowest of all Color Grades. Even though the M Color diamonds have a warm and beautiful look, the Color is easily noticed. It is easily noticed with bare eyes.
Always remember that Color Grade is more essential than the clarity grade of any diamond.
Are Colored Diamonds More Expensive?
As aforementioned, diamonds can be expensive depending on their Color Grades. The D, E, F colors are the rarest to find, especially the D grade diamonds.
However, there are a lot of other times when diamonds that are supposed to be more expensive cost lower.
Some of these situations include:
Blemishes: when diamonds include any blemish or scratch, they automatically lose a good level of value. Diamonds are not usually beautiful when any blemish is seen. This is why the price of a very expensive diamond will depreciate when there are blemishes.
Clarity: the clarity of a diamond is the next big feature to look out for in a diamond. Even if it is a D grade Colored diamond, the price will be less with a tampered clarity.
Note that the abstract Colored Diamonds, e.g., blue and pink, cost different by carat.
Where To Get The Best Diamond Color Grade In Singapore
Singapore is a very busy and business-oriented city. For this reason, you will find a whole lot of merchants selling what you're looking for. However, it is a priority to get only the best of the diamonds worth your money.
It is for this reason, we at Dianoche are here. At Dianoche, we are a five-star rated business place that can provide you with the best diamonds at the best rates.
Our diamonds are a hundred percent blemish-free, and the cuts are perfect too. We can provide you with any kind of diamonds for diamond rings and other jewelry. Here, we also provide you with a free session with an expert gemologist. This will help you understand the value of your diamonds better before purchasing.
Hurry now, and shop with us at Dianoche.
Before Selling Understand the Jewelry Pricing and Value
April 7, 2021
Planning to sell diamonds, diamond rings, or any diamond jewelry?
How to start? Where to sell? What would be jewelry pricing? These are some questions that fill your mind. Do you need to be in this much of a doubt? Well, the answer is- "certainly not!"
Selling jewelry, particularly diamonds, diamond rings, and diamond jewelry, can be a long and unfruitful process for some, especially if you sell it for the first time. There can be a variety of reasons as to why one tends to sell diamond jewelry. It can be possible that you want to upgrade your jewelry, or want to liquidate it for some cash, or want to sponsor a vacation you always wanted.
It is very true that when one sells diamond, diamond rings, or diamond jewelry, their prices fall drastically. There are various reasons associated with it. The first one and very obvious one is that it is second-hand. You must have heard from somebody that a car or bike's resale price is very low when it becomes a second hand.
Jewelry pricing depreciates with time. Add to this the profits of the dealer and their costs incurred in repairing or polishing the jewels. So, a second-hand piece's final jewelry pricing ranges somewhere between double and triple the market's wholesale price. And upon all this, the dealers also keep good margins for themselves.
A retail replacement value is mainly used for insurance purposes; it implies the value one would spend for the same or similar item in a retail platform. When an insured piece needs to be displaced quickly, the retail market is steadily the only area to do so. With retail prices varying due to regions, sales, marketing, and the economy, one must be aware of the insurer's specific market and criteria to boil down at the appraised value.
Insurance Appraisal
Insurance appraisal or insurable value is an impartial judgment of a specific item's price based on an examination and analysis of related data and the request of appropriate techniques.
In case of product damage, the insurance policy explicitly declares that it will reimburse the restoration or replacement of the broken items. This is dependent on the limits specified in the policy, based on RCN or Replacement Cost New. Suppose the insurer chooses not to restore or replace the affected items. In that case, the actual cash value "ACV" will be used for payments.
Particularly in the case of jewelry, the value should be comparable to displacing the jewelry with a similar item of jewelry in an appropriate platform being sold at the saleable rate.
Fair Market Value
Fair market value refers to the price at which both seller and buyer agree to the deal. There should be no force of one on another or interjection from any third party. This is a conscious decision. Both the seller and the buyer have all the relevant and needed information about the product and market.
Resale Appraisal
Resale appraisal refers to the process of determining the value of the jewelry you want to sell. Your selling reasons could be anything, whether you require cash or want to sell to upgrade your collection.
You can sell the jewelry piece again to anyone in the market or directly to the final customer.
If you need any help regarding this, Sell Your Jewelry. This B-B-B accredited platform offers its users, who want to sell jewelry, an additional service of Resale Appraisals.
Estate Appraisal
IRS(Internal Revenue Services) statutes put compulsion that Fair Market Value is used to get appraisals for the items possessed by a departed individual. An assessment of all their possession is performed for tax and diffusion motives.
Charitable Contribution or Gift
When donating jewelry that holds some monetary value, to a qualified foundation for study or charity, like in a museum or university centers. The Fair Market Value is used in appraisals.
Damage or Loss of Value Appraisal
Adjusters, insurance companies, or the protected person uses Damage of Value appraisal. This kind of appraisal determines the evaluation if any private possession is lost, stolen, maimed, or destroyed.
The item is valued both in its original condition when it was in possession and its current conditional value.
Jewelry as Collateral
Loans are issued by banks, private firms, and individuals with jewelry as collateral. The pawnshop is a perfect example of this type of deal.
The parties providing these type of services offers services for the appraisals for jewelry as collateral.
Family Division Appraisal
A family division appraisal can be used in various cases where the family is divided, for instance, the death of a family member or divorce of a couple of estate planning. This appraisal inscribes all actuarial possession, allocating the Fair Market Value at the time of assessment. [greeting]
What an Appraisal Should Include
In most cases, almost every appraisal should involve details of the jewelry, including its weight, quality, ratios, jewels, type of metal, any coatings, and more. The appraisal should display the credentials of your appraiser, and it should mention the kind of appraisal for accurate jewelry pricing.
The charges of appraisals can differ with time, place, and appraisers. The appraiser can charge a square rate or overall rate or charge per hour, which can depend on the appraiser's credentials and experience and can be between $50-$300 per hour.
Ensure that your appraiser also has an Omission and Errors insurance as well. So that you can be protected if there are any mistakes committed on the appraisal. This will protect you from shocks of not getting reimbursement due to faulty paperwork.
Value Reality
As mentioned before, Jewelry pricing comes to play when selling your jewelry, and this lands under the compulsion of requiring a Resale Appraisal. The notion of Fair Market Value can look a little not so related. So, let's put this example in the more easy example.
Let's take, for instance, that a person bought a necklace for $2,000. Before sales tax, the rate is $1,500. Reselling the necklace to a reliable buyer (personal contact or some shop) would naturally fetch a price of between $500 and $1,000. Are you wondering why the resale jewelry pricing is this low?
As said earlier, a retailer also has some expenses on his side. These include wages to his employees, charges of repairing and polishing his shop expenses, building rents, and whatsoever.
These small costs that firms incur, also called overhead costs, decrease selling prices and balance the price with other expenses.
Before going out in the market to show around your diamonds to sell, do some homework by yourself. Learn about jewelry within a comparable spectrum in the retailing market and online. You can also find these details from your local traders and trusted individuals out there in the market. In order to get a clear picture of how jewelry pricing works.
Looking to Sell Your Jewelry?
We hope this was useful to you. Also, Sell Your Jewelry is a comprehensive solution. If you want to sell diamond rings or if you're going to sell diamonds or any other diamond jewelry. Sell Your Jewelry is also a great place to learn more about jewelry pricing. Jewelry appraisals from industry experts when you wish to sell diamond jewelry.
Fill in the form below and our experts will be happy to meet you and give you a consultation for free! [greeting]
Jewelry appraisal refers to the process of estimating and calculating the value of jewelry. Professional appraisers do this in a controlled setting with great precision. Diamond ring appraisal is done in two parts – appraising the metal parts and the diamond appraisal—both the metal and stone need to be appraised separately because their values have different factors.
Appraising the Value of Diamonds in Rings
You must have heard of the 4Cs that affect diamond value – color, clarity, cut and carat weight. These were put forward by the Gemological Institute of America (GIA) and are now followed by all labs across the globe for uniform grading of diamonds. Any professional appraiser would therefore, have these factors in mind during diamond jewelry appraisal.
To better understand these factors, GIA also established a grading system that would help professionals in the process of diamond jewelry appraisal. There are charts and scales on the basis of which most diamonds are appraised.
Appraising Diamond Color
Diamond color plays a crucial role in jewelry appraisal. Luckily, GIA came up with a color chart that would help professional and uniform assessment of diamond color. This color chart grades diamonds on the basis of how colorless they are. GIA classifies diamond colors on a scale which ranges from “D” to “Z”, where D represents colorless diamonds and Z signifies diamonds that are yellowish or light brown in color.
Understandably, stones with a strong yellow tint are not desirable. So, diamonds falling on the lower end of the color chart are less valuable than those that have a higher color grade.
Appraising Diamond Clarity
According to GIA, diamond clarity refers to a qualitative metric that grades the visual appearance of a diamond. Clarity of diamonds is important during diamond jewelry appraisal.
Very often, natural diamonds have a host of imperfections and flaws which compromises their clarity. But sometimes, these imperfections are too minimal to be noticed by the untrained eye. Diamonds that are free from internal blemishes are extremely rare. So, diamond jewelry appraisal takes into all these factors to determine the value of your diamonds ring.
Appraising Diamond Cut
The proportions and cutting determine the angle at which light enters the diamond. If the light does not enter at the best angle, it will result in a dark and dull appearance, which in turn will negatively impact the diamond jewelry appraisal. This is why 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 enhances the sharpness and clarity of the diamond, giving it a crisp and neat look. As a result, well-cut diamonds are priced higher.
Diamond jewelry appraisals take into consideration parts of a diamond like the girdle, table, polish and symmetry of the facets, depth and culet. Moreover, diamonds with unique shapes like round cuts, princess cuts, emerald cuts have differently appraised and therefore have different values.
Diamond Carat Weight and Appraised Value
Due to the extreme precision required in weighing diamonds, the fraction of a carat can make a huge difference in its value. One metric carat is equal to almost 0.2 gram. One carat has been divided into 100 points. Diamonds are weighed to a thousandth of a carat and then rounded up to the nearest hundred (or point).A common confusion among people is regarding the size of a diamond. What costs more – a large diamond or many small diamonds? The answer to this is quite simple.
The larger the diamond, the rarer it is. Due to its rarity, its value is greater. Also, a larger diamond costs more per carat. Thus, size and carat weight play an important role in its jewelry appraisal.
Appraising Diamonds: Loose vs. Mounted Stones
The value of a diamond can vary depending on how the appraiser evaluates it.If the diamond jewelry appraisal has done with the stone still mounted in the setting, the evaluation could be less accurate. It is because certain features of the diamond get hidden if it has still mounted on the ring.
The color and clarity of diamonds get compromised if they have still set on the metal band. For example, the diamond color of the metal could mask the true color of the stone. The appraiser would also not be able to evaluate some small flaws and inclusions. A mounted diamond cannot be weighted. So, the jewelry appraisal would contain an estimated carat weight based on the stone’s dimensions and not its true weight. This would negatively impact the value of the stone, making the jewelry appraisal inaccurate. On the other hand, jewelry appraisal of loose diamonds is far more accurate and authentic.
Appraising the Value of the Ring
The final appraisal value of your diamond ring would list the value of the stone as well as the metal. It is also true for engagement ring appraisals where the purity of the metals like gold and platinum in the ring has been evaluated. Apart from this, some other factors also determine the value of your ring. Of these, the most common include the ring setting, design and condition. The jewelry appraisal also examines whether or not your diamond ring is bent, scratched, dented, or has loose prongs.
If your diamond ring is from listed brands or exclusive designers, its value increases. And this will be reflected in the jewelry appraisal. Unique pieces of fine jewelry that have intricate designs or are handcrafted are also valued higher.
Bottomline of jewelry appraisal
A complete jewelry appraisal for your diamond ring constitutes the evaluations of both, the stones in the ring as well as the metal parts. The final value ascribed to the piece reflects the total worth of the complete piece. These values are based primarily on market rates and prices. Many jewelry appraisers even evaluate the rings based on how much they would cost to buy in the current market situation. Getting a professional jewelry appraisal done for your diamond rings can help you get a clear idea of what your ring is worth. This will help you set realistic expectations when you go on to sell diamond rings.
Bear in mind that the resale value of any piece of jewelry is always comparatively lower than what you initially purchased it for or even the appraised value. But the jewelry appraisal helps you focus on what you stand to get so that you have not tricked into selling your diamond ring for less than what you deserve.
If you are looking to sell your diamond jewelry, you can offer it to Sell Your Jewelry. All you need to do is book a free consultation with expert gemologists who will evaluate your diamond ring and offer the highest prices in the city. You can sell diamond jewelry without any hassle in a 100% safe, secure and transparent process. Contact us today to get the best price for your jewelry. Fill in the following form to get started:
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How Uncut Diamonds is Determined and Valued?
March 17, 2021
What comes to mind when you think of an uncut diamond? As the very name suggests, they are raw and unfinished. Most people also know that an uncut diamond is cheaper than a well-cut and finished diamond. Why?
Normally, the value of diamonds depends on 4 primary factors – color, clarity, cut and carat weight. When it comes to uncut or rough diamonds, these factors are reduced to 3 – color, clarity and carat weight of the stone.
Cutting a diamond is a very expensive process, and this is reflected in the price of the final cut stone. On the other hand, an uncut diamond has been freshly mined and brought to the surface. It is untouched by any procedure that gives the diamond its final fancy appearance.
So, how exactly is the value of an uncut diamond determined? In this article, we will be answering this question along with several others. But first, let us clearly establish what we mean when we speak of an uncut diamond.
What is an uncut diamond?
Uncut or raw diamonds are those that have not been cut, shaped, polished, or treated in any form. A natural or real uncut diamond is one that has just been mined out from below the earth’s surface. Only when an uncut diamond is found to be of high quality, it is then sent to professional diamond cutters and jewelers. Such diamonds are then cut and polished to fit into different types of jewelry.
Importance of cutting and polishing a diamond
It goes without saying that a diamond’s beauty lies in its cut. While an uncut diamond also looks precious and unique, it is the intricate cutting process that makes the diamond sparkle.
Cutting a diamond is the key to increasing its appeal and so, requires expert craftsmanship and skill. A common misconception is that a diamond cut refers to its shape. Whereas in fact, diamond-cut involves the 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’s value.
In case a diamond is not unpolished or not polished enough, its facets cannot act as mirrors. So, light is not reflected properly, and the diamond appears dull and ordinary. Due to the distorted light reflections, any blemishes on the surface of the diamond become even more pronounced and make the stone look rough.
Before we look at uncut diamonds and how they are valued, let us understand the grade chart for diamond cuts.
You must have heard of GIA diamonds. Have you wondered why they are so valuable? The reason is that the Gemological Institute of America (GIA) is the most trusted and reputed laboratory when it comes to assessing diamonds.
They have come up with a uniform grading system for diamonds with the following grade chart: Excellent, Very Good, Good, Fair and Poor.
Since GIA covers the most important factors to check the diamond cut quality, their system of grading is followed by most laboratories. As a result, diamond cut grade is assigned based on proportion, symmetry and dimensions that enhance the overall appearance of the stone.
When an diamond is cut, it is carried out in such a way that maximum light can be reflected off the stone. But diamond cut cannot determine the final look of the diamond all by itself. The color, clarity and carat weight have a major impact on diamond cut.
So, any professional and experienced diamond cutter will aim to enhance the clarity of the stone and simultaneously mask any inclusion or unwanted tint in the stone. They will also try to trim away as little as possible from the original diamond so that the final cut stone is big in size.
Now that you know how an uncut diamond is cut, let us move on to the burning question:
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How is an uncut diamond valued?
An uncut diamond follows the same rules which determine the value of other diamonds with the exception of diamond cut. This means that three factors are considered while determining the worth of an uncut diamond. These are clarity, color, and carat weight.
Clarity
Very often, naturally occurring uncut diamonds have internal or surface imperfections, flaws, and inclusions. This compromises their clarity of the stone. An uncut diamond with minimal blemishes is of high value. These can be masked when the stone is finally cut and given a flattering shape.
Color
The color of an uncut diamond determines if it is suitable for jewelry or not. Uncut diamonds having a heavy yellow or brown tint are less desirable. On the other hand, if an uncut diamond has a very slight or even negligible tint, it is used for making jewelry. As a result, there is an increase in its value.
Carat weight
One metric carat is equal to almost 0.2 gram. One metric carat is divided into 100 points. Diamonds are weighed to a thousandth of a carat and then rounded up to the nearest hundred (or point). Due to the extreme precision required in weighing diamonds, even the fraction of a carat can make a huge difference in the diamond value. Thus, accurate weighing of an uncut diamond is of great importance.But if a rough diamond of high carat value has a lot of blemishes that need to be cut out, then it won’t be of high value. On the other hand, a smaller but clearer uncut diamond is more desirable, and thus, fetches more money.
Are you planning to sell diamond jewelry? We offer the best prices in the city! Book your free appointment today.
You can also check our topic: What is the Best Diamond Cut for an Engagement Ring?[greeting]
Here’s How Diamond Fluorescence Affects Price And Color
March 8, 2021
If you’ve seen a diamond and held it close, you must have observed a soft glow in it. No, we are not talking about reflected light which gives a diamond its sparkle. Rather, we are referring to diamond fluorescence.
Very often, diamond fluorescence causes confusion among people who don’t have prior knowledge about it, and in turn, affects their decision to buy diamonds. In this article, we aim to discuss everything you need to know about fluorescence and the ways it affects the price and color of diamonds.
So, what is diamond fluorescence and what causes it?
When diamonds glow, they are actually emitting visible light. This fluorescence in diamonds has caused exposure to UV rays from the sun or other artificial sources. This usually causes them to emit a soft bluish or yellowing light. But once the source of UV light has been removed, the fluorescence is gone. But not all diamonds are capable of fluorescence, and the ones that do, only have fluorescence up to a certain degree.
Can diamond fluorescence be graded?
While the Gemological Institute of America (GIA) considers four primary factors called the four Cs – color, clarity, cut, and carat weight while grading diamonds, they also consider diamond fluorescence to be an important aspect of diamonds.
GIA lays out a fluorescent diamond grading system based on the intensity of diamond fluorescence. Thus, the intensity of fluorescence in diamonds is either None, Faint, Medium, Strong, and Very Strong. It has checked and assessed in labs. If the diamond fluorescence has been recorded as Strong or Very Strong, then in that case will also note the color of the diamond.
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Diamond fluorescence and colored diamonds:
The most common fluorescence color in diamonds is blue, so much so that 99% of all is blue. It occurs when diamonds have exposed to longwave UV lights. Very rarely, it exhibits colors like yellow, white, or red.
Depending on the degree of intensity of diamond, the diamonds can either appear hazy or enhance the color:
· Diamonds with Faint and Medium have often been recommended.
· Diamonds with Strong and Very Strong fluorescence can make the diamond look extremely hazy and cloudy. This hampers the overall look of the diamond.
· Blue fluorescent diamond very often enhances the diamond color.
·In case certain diamonds have a Faint to Medium fluorescence which does not change its appearance, you should definitely go for them because they will save you a lot of money.
· Since it is visible only under UV light, make sure to have the jeweler show you the diamond in UV as well as in a natural light setting.
· The lower grades diamond color can usually be enhanced if they have high quantity.
· Low color grade diamonds are less likely to turn hazy or cloudy even if the it is strong.
· In fact, blue fluorescence can make a diamond appear whitish. Thus, the yellowish tint in low color graded diamonds can usually be countered with such blue fluorescence.
Bottomline
In the end, the decision rests with you. Almost all studies have revealed that diamond fluorescence is hardly ever noticeable to anyone with an untrained eye. So, if the diamond looks good and you are happy with your purchase, you shouldn’t really bother about it. Unless the it is absolutely horrible and the diamond loses its clarity, it can be well worth your money to buy low-graded colored diamonds with strong fluorescence. Bear in mind that diamonds with fluorescence often sparkle much better than those without them.
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This Is How You Can Check The Quality Of A Diamond Cut
March 4, 2021
When you think of diamonds, it is natural to think of stunning cuts that enhance their beauty. And with so many different designs and cuts in the market, the options have also increased by manifolds. But with varied options comes a lot of confusion. In this article, we will explore different diamond cuts and how to check the diamond cut quality.
The difference between a rough, uncut diamond and a carefully cut and polished diamond is stark. A proper diamond-cut requires expert craftsmanship and precision and is the key to increasing the appeal of diamond jewelry. That is why the Gemological Institute of America (GIA) considers diamond-cut among its primary parameters of assessing diamonds.
What is a diamond cut, and how does it affect a diamond’s value?
The proportions of a diamond cut determine the angle at which light enters the diamond. 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 value.
A good diamond cut makes optimum use of the light which enters it. The craftsmen take special care to cut and shape the diamond in such a way so as to enhance the facets and the light and dark areas. This contrast enhances the sharpness and clarity of the diamond, giving it a crisp and neat look.
Based on the shape given to a diamond, names have been assigned to them. You may have heard of a princess cut diamond, cushion cut diamond, or an emerald cut diamond. The various shapes that are given to diamonds greatly affect their price based on what look is currently trending.
Parts of a diamond:
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 right balance of percentage between the table and depth needs to be maintained for a diamond cut to sparkle well.
Depth:
It is the distance between the table and the culet, i.e., the top and bottom of the diamond. The girdle divides the depth. Its depth reveals the weight of any diamond. As a result, a good depth percent should be maintained for the overall aesthetic appearance of the diamond.
Components of a diamond cut according to GIA
To check the quality of a diamond cut, GIA diamonds cut grade consists of 7 factors. Of these, the weight ratio, durability, symmetry, and polish assess the diamond’s craftsmanship.
The most important of these seven factors are:
Fire:
This refers to the flashes of light that occur due to the prismatic effect occurring within the diamond.
Brightness:
Refers to the white light reflection, both internal and external, of the diamond.
Scintillation:
Highlights the contrasting light and dark areas so that each facet is clearly visible, giving the diamond a crisp appearance.
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Popular diamond cuts and shapes:
While selling Diamond jewelry, especially diamond rings, no longer has the regular round-shaped diamonds as the center stone. These have a name of their own due to their unique shapes. Let’s have a look at the most classic diamond cuts:
Princess cut diamond:
The most popular choice for engagement rings, the Princess cut is elegant and sophisticated. Its square shape looks neat and crisp. Complex layers are cut into the stone, making it resemble an inverted pyramid when viewed from the side. It is deserving noting that Princess cut diamonds are cheaper than round cut diamonds. The reason is that the rough diamond has been used more efficiently, and very little of the stone has wasted during the cutting process of Princess cuts.
Emerald cut diamond:
The brilliant emerald cut ring is a rarity. An emerald cut diamond requires extreme precision in its craftsmanship. The result is the sharp, chiseled appearance of the rectangular diamonds that sit on your fingers. Emerald cuts in diamonds have highly coveted due to their rarity and the concentric, rectangular faceted cut.
Cushion cut diamond:
Unlike the Princess cut diamond which has sharp corners, the Cushion cut features square or rectangular diamonds with rounded corners. This gives it a somewhat soft appearance, resembling a pillow or cushion – hence its name. Cushion cuts are an extremely popular choice because they are less prone to damage and sparkle brilliantly.
Assher cut diamond:
Blending the classic cuts of the Princess and Emerald style diamonds, the Asscher cut diamond rings are the timeless piece, supporting their elegance and appeal for a long time. Their most significant emphasis is that they are brilliantly faceted. The concentric cuts of the diamonds enhance clarity and allow optimum reflection of light, making the diamonds sparkle beautifully.
Oval cut diamond:
Oval cut diamonds have an elongated shape, otherwise bearing a resemblance to round diamonds in terms of their layers and facets. It is among the most popular choice for halo diamond rings, where tiny stones surround the central oval stone. The end result is that the oval shape makes the ring appear bigger and more luxurious.
Round cut diamond:
Understated yet sophisticated, and round diamonds are perhaps also the most versatile. A round diamond cut is a great choice for those who do not prefer big, chunky diamonds. Its simple elegance, paired with its high-range versatility, makes it an all-time classic diamond cut.
Bottom line:
You will now have a clear idea of diamond cuts and their significance, having reached the end of this article. Most well-cut diamonds are shaped and designed so that they reflect the most amount of light. This makes them sparkle brilliantly. An ideal diamond cut should have a good balance between the table and depth percentage while also maintaining the symmetry of the stone. Keep in mind the points discussed above.
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