There are all sorts of reasons why people type “jewelry stores that buy diamond rings near me” in search engines. Whatever the reasons, they want to get the best price and the best deal, not solely because of the financial factor, but also because of the sentimental value. Here are some guidelines that could help you get through your endeavor with the best possible outcome.

Know what it is you are selling

Before you hit the shops you must have some idea of what it is you are selling. If you have paperwork that pertains to the quality and origin of your diamond, that’s a great starting point. You could also do some research to find out what the 4 Cs of your diamond are, but keep in mind that it’s best to have a certificate from an independent grading lab. In general, the most reputable grading authorities are Gemological Institute of America (GIA) and American Gem Society (AGS).

Have it cleaned

Don’t try to sell your jewelry without cleaning it first. You can do it at home or you can have it done professionally. Best practice is to have your jewelry cleaned regularly and well-kept to maintain its value and beauty.  Most jewelry stores will clean your jewelry as a free service, but deep polishing and rhodium plating often cost extra. To clean your jewelry yourself, use some warm water, mild soap and a soft toothbrush. However, when you are cleaning your jewelry yourself you risk scratching it or damaging it with inappropriate cleaning agents. If you want to sell it, it’s probably best to leave it to jewelers. Bear in mind that damaged jewelry will be paid much less than that in pristine condition.

What affects the price

The 4 Cs we have mentioned above affect the price of a diamond – cut, color, clarity and carat. The carat, or the weight, is the most significant factor in the price. Larger stones are extremely rare and sought after, so one 2-carat diamond will cost more than two 1-carat diamonds of the same quality. There is also something called “magic sizes” and those are a 0.50, 1.00, 2.00 and 5.00 carat single diamond weights. If your diamond is a “magic size,” it will fetch more per carat than something at the 0.49, 0.97, etc. carat weights. The shape of the cut also has an impact on the price. Round cut diamonds are the most expensive, whereas fancy cuts (most other cuts except round ones) vary in price. Trends play a role here – after all, jewelry is a style-driven industry and will impact the ability to resell your piece to another jewelry customer. When you are trying to sell diamond rings, the precious metal also plays a role. For damaged pieces and those whose style is completely out of favor with the current trends, the market rate of gold will affect the amount of money you get for your jewelry.

Reach out to Leo Hamel Fine Jewelry and Engagement Ring Store to sell your diamonds

We are the largest independent jewelry store in San Diego. We need your diamonds and diamond jewelry for our showroom and we are ready to give you top price for your valuables. Professional gemologists on our team will expertly grade and evaluate your diamonds, and we will offer you the best possible price. All transactions you make with us are fully confidential, safe and secure. We know that selling your jewelry can be a very emotional experience, so we will never pressure you into making a decision. Feel free to contact us beforehand, but also don’t hesitate to drop by without an appointment. We are here for you!