How to Spot a Quality Diamond Buyer in Edmond, Oklahoma

by | Nov 26, 2015 | Gold

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Diamonds and diamond jewelry are highly sought after items. While that may mean spending big money on jewelry pieces that have this type of stone in them, it also potentially means big money for people looking to sell old jewelry that include diamonds. However, in order to make the most of an opportunity to sell old jewelry for significant amounts of cash, a person will first need to find someone willing to buy the jewelry. This is where a quality diamond buyer in Edmond comes in.

Before a person starts looking for a dedicated diamond buyer, the first thing they need to do is determine the value of the diamond jewelry that’s being sold. In fact, this sort of valuation of the jewelry is the foundation of a good deal, and the best sort of information to have in order to avoid a bad deal. Whether the jewelry relies on the diamond for it’s value, or perhaps it is a collectors item or a designer piece, knowing the value ahead of time can’t be underscored.

In addition, it is important to know how a Diamond Buyer in Edmond works. The buyer will typically go to great lengths to verify that the jewelry is as the seller says it is. This means examining the diamond under magnification and in different lighting as well. They aren’t going to take the seller’s word when it comes to the value, they are going to verify everything.

Once the jeweler has verified the jewelry, they will probably make an offer. This is where knowing the value of the jewelry is important. A buyer will typically offer around 60% of the value of the diamond jewelry. If they offer more, then great. However, if they offer less, a person who’s done their homework will know it, and they can either try and negotiate or simply look for another buyer.

Being prepared can help you to get top dollar for any diamond jewelry you’re looking to part with. It also helps you to know when a buyer is trying to low-ball you. In any event, you’ll be in a position to get the most money possible if you have diamond jewelry you’re looking to sell.