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                    [title] => Selling Used Diamond Jewelry: Conventional vs. “Lab Made” Diamonds
                    [slug] => selling-used-diamond-jewelry-conventional-vs-lab-made-diamonds
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If you are looking to sell your used diamond jewelry, there are a lot of variables to take into account. Recently jewelry trading parties have seen a surge of popularity in big metropolitan New York. Naturally, one would think they could take advantage of such an event to get a great deal on heirloom quality jewelry. Almost everyone, after all, has heard the story of the kid who bartered his way up from an old cell phone to a stunning exotic Porsche sports car.

Unless you are experienced in bartering, you run a very high risk of getting ripped off. However, oftentimes consumers unknowingly short change one another. Only a year ago, Gemisis proudly launched its new line of “lab created” diamonds. The science behind this is incomprehensive to the average Joe. Unless you work in science you have no idea how much pressure, heat, energy, and mineral concentrations are required to recreate this natural masterpiece. While lab created diamonds sound futuristic and glamorous, this brilliant business concept has received a lot of support from ethics and non profit organizations. Who knew that shopping for your dream ring could inspire positive social change?

The positive implications of this growing industry start at the source; the diamond mines themselves. While most consumers would rather bury their heads in the sand, the harsh reality is that a massive percentage of diamonds sold on Fifth Avenue originate from Congolese mining cartels. These groups perpetrate shocking and sad crimes against humanity. The working conditions and employee rights in these mines are what earned the regions’ resource the notorious “blood diamond” name. Extensive documentation indicates that a significant percentage of the workers in the mines would be considered under the age of majority in western countries. Luckily, the advent of artificially produced diamonds may spell the end of this horrific chapter in history.

Despite the Nobel intentions of lab made diamond start-ups, it makes sense for consumers to hold off on trading their conventional diamonds for the next several years. It’s easy to get sucked in by the marketing hype of any company. Gemisis announced that their diamonds were “equal to the best quality mined diamonds” It’s imperative to understand that companies are very concerned about abiding by the regulations and compliance standards that apply to everything from ad copy on their website to new stories and press releases. After all, quality is somewhat subject. The company did not refer to the market value of these items. Indeed, there is not enough consumer confidence make some guaranteed short term cash of these new diamonds. This should be a no-brainer considering the wholesalers and retailers are selling them at virtually identical rates to their conventional counterparts. If you are in a tight financial situation you’d better wait it out for a couple years until the market demand for these diamonds increases. However, if you have a lot of money to invest this could be an unparalleled opportunity to make a lot of cash over the next year. After all, due to a recently conducted poll close to ninety percent of Americans would be willing to purchase a product if it was socially and environmentally friendly.

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Diamonds are more than a girl’s best friend. For hundreds of years they have been an integral part of heavy-duty industrial equipment. After all, they are one of the hardest naturally occurring elements on planet earth. This is why they are so highly sought after in metal manufacturing industries. Only a thin coating of diamond is required to optimize the power of a table saw; making it strong enough to cut through steel!  Many are under the illusion that the diamond marketplace is a glamorous venture full of easy cash. This isn’t the case unless you are properly educated about all the ins and outs of diamond selling in New York city. Indeed, diamonds are quite literally a tough sell!

Gia diamonds

There are many different varieties of diamonds. If you are unsure whether to hold or sell, it’s recommended to book a consultation with an expert appraisal and learn about what kind of rocks are in high demand. In North America, the yellow diamond is becoming an increasingly popular choice for weddings. It takes the lustrous, rich depth of gold and combines it with the heavenly sparkle of the diamond. Simply put, it’s the best of both worlds. Based on the current trends, you could easily make a small profit if you have a collection of heirloom yellow diamonds. However, the most sought after variety is known as the red diamond. It is, after all, incredibly rare. Most sources cite merely six or seven of these cut fiery gemstones ever recorded in existence around the globe!

Many consumers feel pressure to sell their diamonds as soon as possible due to the advent of artificial diamonds. Artificial diamonds are quite literally grown in a lab. What was shocking, however, was the consultation that occurred when a consumer advocacy group took a single lab grown diamond to a major diamond appraisal store in Manhattan. The team never disclosed any information regarding the fact that the diamond had been grown in a lab. At the end of appraisal session, the salesperson gave the group’s representative a very reasonable figure. Most people who are in a financial rut wouldn’t blink an eye at the idea for selling their diamonds at this price. When the representative for the group asked the appraiser whether he was aware of the specimen’s lab-grown origin, he insisted on taking a second look at the diamond. Astonished, he admitted that it was indistinguishable from any of its natural counterparts.

While the news about artificial diamonds may seem disturbing to anyone who already owns diamonds, there’s no need to panic quite yet. The cost of purchasing the state of the art lab equipment, world class laboratory space, industrial chemicals, and laboratory employees is out of this world. While the venture can be profitable, an artificial diamond operation would be foolish to sell their products for low prices. In fact, so far all of these multi-million dollar start-ups have priced their diamonds at very similar rates observed in the diamond industry for the past fifty years.

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Just got out of a divorce or unpleasant break-up? Want to get rid of the presents and memories of your "once upon a time". Perhaps you’re wearing the engagement ring or a diamond necklace from Tiffany he bought you that you no longer want to carry. Here’s what you need to know about how sell diamonds and how not to get "cheated" again.

sell diamonds nyc

You might have already tried  selling your ring and didn't  complete a transaction since your  appraisal form was 4 times higher  than your offer. Most customers  feel the appraisal price  determines the value. This is  untrue. Appraisal is for insurance  purposes and to give an estimate  grading of the 4C’s for your diamond. For an accurate grading, a diamond is sent to a formidable grading lab such as GIA, EGL, IGI and receive a certification of the diamonds. You will normally find your item to be appraised more than the retail value, reason being when lost/stolen most insurance companies will haggle and pay you less. There is always a huge retail mark-up for engagement rings which is another indication why your offers are thousands lower than your receipt and/or appraisal.

Diamonds come in many different shapes: Princess (square), Round, Emerald (rectangle), Cushion, Heart, Marquise, Asscher, and Oval are just to name a few. There’s no shape that is better than the other. Its in the appearance that appeals most to you. If you have obtained a Round shape diamond from your break-up, you will find out how fortunate you are for keeping that ring rather than returning it or, gentleman, letting her keep it. Round shape diamonds hold a stronger resale value. Round stones are cut to have 51 facets. When light is immersed to a Round shape diamond it bounces off the cones in the facets and allows the utmost scintillation to be dispersed. Therefor you can obtain more when you resell a round diamond than any other shapes.

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There are so many gold and silver items that you can sell, but which are the top few that you will receive the most for?  We came up with a list of pieces that are being sold the most at Global Gold and Silver and what you can receive the most for:

1.      Engagement Rings

These can be worth a large amount of money, but the biggest beneficiaries are those that purchased the ring a long time ago.

 

 

2.      Gold Jewelry

This category includes chains, bangles, school rings, brooches, and other weighty gold items.

 

 



3.      Gold and Silver Bullion

Gold and Silver Bullion will pay back its fair market value.

 

 

 

4.      Top Brands

We think of top brands as names that don’t go out of style or aren’t forgotten (i.e. Tiffany and Rolex).  These brands keep their value over time, because the remarket ability of the item tends to increase its value above what it is worth if the item was melted.

 

 

5.      Jewelry

Here, we include rings, pendants, earrings, and any other jewelry that can be priced in quantity.

 

 

 

Each of these items depends on the age of the item and the price of gold when the item was purchased.  Each category is unique.  Take a look at the gold or silver items you have lying around the house, and decide which category your gold and silver items would fit into.

At Global Gold and Silver we take time to assess each piece in front of you and with 20 years of experience, we ensure you get the best price for your gold and silver jewelry.

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If you are interested in making fast money by selling diamond jewelry, you should contact Diamond Buyers of America. The company has a transparent transaction policy and will offer you the highest prices for your diamond jewelry. Diamond Buyers of America accepts used and unwanted diamonds including loose or chipped diamonds. Diamond Buyers of America also accepts diamond earrings, necklaces, bracelets, pendants, and rings. sell diamonds

The diamond buying company maintains a strong connection to the diamond industry, which is part of the reason it is able to offer so much money in exchange for diamond jewelry. As a company that specializes in buying diamonds, it may pay you more money than you would receive from a jewelry retailer or pawn shop.

Since a jewelry store purchases its products wholesale, it will never pay you the retail price for a secondhand diamond. Additionally, it will only buy the diamond if it can make money from the item.  The price most jewelers are willing to pay for a diamond is going to be much less than its actual worth; otherwise, the retailer will not make a profit.

A pawn shop does not technically buy a diamond; it uses it as collateral against a loan. Technically, you are supposed to get the diamond back when you repay the loan. A pawn shop usually does not employ a gemologist, so the staff will be unable to properly assess the value of your diamond. Generally, the only test a pawn shop performs on a diamond is to determine whether it is real.

When you sell diamonds to Diamond Buyers of America you are guaranteed to be paid a sum that reflects the value of your diamond.

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Are looking to make some fast cash? Sell your unwanted diamonds to Diamond Buyers of America, and you will be able to amass a small fortune! Selling diamonds for cash is a great way to instantaneously make some extra money. sell diamonds

The process is quite simple: contact the diamond buyers via telephone or fill out a shot survey on the company’s website to get a free diamonds-for-cash quote. After you complete this process, you will be given a monetary estimate of the price of your diamonds. Depending on the amount and how attached you feel to them, you may then choose to sell your diamonds.

Having access to this quick cash is a great opportunity; you may save it or invest it. For example, I plan on vacationing for a week in Hawaii in the upcoming months, but I realize that I am a bit shorter on funds than I initially anticipated. I plan on selling diamonds that I do not wear in order to have a little extra spending money at my disposal and to cover at least some of my expenses.

If you are interested in earning a little extra money, learn where to sell diamonds and other information at www.DiamondBuyersofAmerica.com.

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Selling Used Diamond Jewelry: Conventional vs. “Lab Made” Diamonds

If you are looking to sell your used diamond jewelry, there are a lot of variables to take into account. Recently jewelry trading parties have seen a surge of popularity in big metropolitan New York. Naturally, one would think they could take advantage of such an event to get a great deal on heirloom quality jewelry. Almost everyone, after all, has heard the story of the kid who bartered his way up from an old cell phone to a stunning exotic Porsche sports car.

Read more →

Understanding the Diamond Business in New York City

Diamonds are more than a girl’s best friend. For hundreds of years they have been an integral part of heavy-duty industrial equipment. After all, they are one of the hardest naturally occurring elements on planet earth. This is why they are so highly sought after in metal manufacturing industries. Only a thin coating of diamond is required to optimize the power of a table saw; making it strong enough to cut through steel!  Many are under the illusion that the diamond marketplace is a glamorous venture full of easy cash. This isn’t the case unless you are properly educated about all the ins and outs of diamond selling in New York city. Indeed, diamonds are quite literally a tough sell!

Read more →

Diamonds after break-up

Just got out of a divorce or unpleasant break-up? Want to get rid of the presents and memories of your "once upon a time". Perhaps you’re wearing the engagement ring or a diamond necklace from Tiffany he bought you that you no longer want to carry. Here’s what you need to know about how sell diamonds and how not to get "cheated" again.

Read more →

The Top 5 Pieces to Sell to Your Local Gold and Silver Buyer

There are so many gold and silver items that you can sell, but which are the top few that you will receive the most for?  We came up with a list of pieces that are being sold the most at Global Gold and Silver and what you can receive the most for: 1.      Engagement Rings These can be worth a large amount of money, but the biggest beneficiaries are those that purchased the ring a long time ago.     2.      Gold Jewelry This category includes chains, bangles, school rings, brooches, and other weighty gold items.    

Read more →

Where to Sell Diamond Jewelry

If you are interested in making fast money by selling diamond jewelry, you should contact Diamond Buyers of America. The company has a transparent transaction policy and will offer you the highest prices for your diamond jewelry. Diamond Buyers of America accepts used and unwanted diamonds including loose or chipped diamonds. Diamond Buyers of America also accepts diamond earrings, necklaces, bracelets, pendants, and rings. 

Read more →

Sell Diamonds for Quick Spending Money

Are looking to make some fast cash? Sell your unwanted diamonds to Diamond Buyers of America, and you will be able to amass a small fortune! Selling diamonds for cash is a great way to instantaneously make some extra money. 

Read more →

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