You might be planning to sell a diamond neckpiece passed down to you as a heirloom. Or you might need some cash urgently and hence ready to part ways with your diamond engagement ring. Or you just want to book profits by selling your coveted diamond beauty. Whatever your reason to selling your jewelry, the first step is to know the true worth of your item in the market. This can be easily done by getting jewelry appraisal online from the comfort of your home.

Below we are mentioning some tips on how to sell your diamonds and earn profit:

If your grandmother has passed down her diamond bracelet to you, it is crucial to know its accurate value. You need to be aware of the quality of diamonds studded in the piece. For this, you need to get jewelry appraisal NYC. Look for an expert appraiser who can provide you with an unbiased appraisal value. 

An appraiser has the knowledge and skills to check the condition of the piece and find out the quality of the diamonds and the metal used. By studying the features and characteristics of the item, he will assess the accurate market value of the piece.    

Better not to go to your local jewelry shop as their appraisal value might be biased because they are into jewelry selling and buying. So they might not deliberately tell you the true worth of your coveted item.

When you own diamond and gemstone jewelry, you must get your collection insured. Prestige Valuations offers jewelry appraisal for insurance. You can get your coveted pieces appraised by their experts online. They provide a certified appraisal document mentioning the accurate value of your jewelry. It can be used for your insurance company and even to get an idea about the asking price if you want to sell your jewelry.

At what price do you want to sell your precious piece? Try not to have any unrealistic expectations. A jewelry appraisal by an expert, after studying the market trends, can help you decide the potential asking price or resale value. You will also have to do your homework. Look on the internet, how much people are asking for a diamond piece similar to yours. 

Check out the retail jewelry shop or online jewelry store for the cost of a similar new jewelry piece. To come up with  the resale value you need to factor in a bargain for your used jewelry item. A potential buyer will buy from you only if they get some discount compared to a new piece's current market value. Otherwise, why would they buy an old piece?

Do not forget to get jewelry appraisal for insurance.

As a reseller, you can sell your jewelry online or to a local jeweler. If you are in a hurry to sell and get money immediately, a local jeweler would be a better option but it would not be a very profitable deal. If you have time for marketing and then negotiation, then you can sell it to someone online. 

A diamond dealer or pawnbroker can be approached for a quick sale. Before selling, check their reviews and ratings. You can also find out members of the American Gem Society. eBay or classifieds like Craigslist can be useful but beware of fake buyers or time-passers. You can also give your piece to a dealer to sell but only if you trust them, also they will ask for a commission.

If you are emotionally connected with your jewelry piece, it will be difficult for you to part ways with it. You first need to get ready to sell your piece. It might be a heirloom piece passed down to you by your grandmother. Or it might be your diamond engagement ring that now you want to sell as you got separated from your spouse. You must move on leaving behind all memories and emotions otherwise you will regret selling it. 

If you need money and your requirements are bigger than your emotions, then it is better to prepare yourself for the sale. Remember diamond jewelry is just a material thing, which you can buy again in life.