SELL YOUR DIAMOND RING FOR CASH

Diamond rings can be worth hundreds or thousands of  dollars, depending on their features. The value of diamond rings depends on its central stone.  The most paramount factors which affect the resale value of diamond rings are the four Cs. 

Some other factors  include the ring design; the metal of the ring; craftsmanship; condition of the ring; if any alterations have been done, and its rarity.

Cut Grade

In the case of diamond rings, cut grade is of great importance.  This ranges from excellent to poor, and refers to the cut quality and shape of the diamond – if proportional or not. Excellent cuts enhance the prism effect and reflect light better, and thus are more desirable. Based on the shape given to a diamond, names have been assigned to the rings like  princess cut, cushion cut, emerald cut, asscher cut diamond rings and much more. Thus, depending on whichever style of  diamond ring is trending, the prices fluctuate.

Colour

Color of a diamond ranges from D to Z, where D is 100% transparent and Z is yellow. This is the measure of the amount of color in the diamond, where D is the most valuable as it causes more light to be reflected on the facets which create that unique sparkle that people are so attracted to.

Clarity

Clarity depends upon the absence of inclusions (internal) and blemishes (external) marks. The values range from FL to I3 or flawless to visible respectively, they refer to the number of marks, in which I3 is when marks are visible without equipment and flawless has none even with equipment. Sometimes damages to a diamond’s exterior or interior can only be seen with special magnifying equipment.

Carat Weight (ct)

The net weight of the diamond in carats. Thus, the bigger your diamond, the greater will be the resale value of the diamond ring.

Design of the diamond ring

Vintage designs of diamond rings are timeless and priceless.  Other modern designs are also very beautiful and have different kinds of texture. If the structure of the ring  is harmonious and symmetric in size, and it is visually attractive, its value is even further enhanced.

Metal

Depending on the metal band, the value of the diamond ring will either increase or decrease. For gold, you can expect the spot price of the  karat value. In case of other metals too, the impurities will be removed and the value will be assessed accordingly. 

Craftsmanship

Craftsmanship plays a role in both the quality and value of the diamond ring. A good artisan will ensure that the surface is rightly polished and the finishing is perfect. With details such as these, the value of the diamond ring raises the bar.

Condition of the ring

The condition of the diamond ring is a significant factor that determines its value in the market. If the ring has been repaired or damaged in some form or a few stones are missing, the value will reduce even further. There could be changes to the diamond ring like minor adaptations to make the ring fit better. Usually, these kinds of alterations decrease the value of the jewelry.

Rarity of the ring

The rarity of the diamond ring depends on the supply and demand. It has more to do with jewelry value than its quality. Rarity usually depends on how common a particular style of diamond ring is  or how much the customers like it. It is common for the rare pieces to be costly, as it is rarely available.