How and Where to Sell Diamonds
Whether you're parting with an old or former engagement ring, have inherited a family heirloom, or are looking to trade in a diamond for something new, knowing where and how to sell a diamond ring is essential.
Selling diamonds can be a more complex process than selling gold. By choosing a reputable jeweler with an understanding of quality, craftsmanship, and market value, you'll make the most of your experience. With over a century in fine jewelry, Lux Bond & Green is home to expert jewelers, gemologists and appraisers ready to offer the personalized diamond-selling expertise you deserve.
Let's break down the most important factors to keep in mind as you seek the perfect place to sell your diamonds.
How to sell your diamonds step-by-step:
You're ready to begin selling your diamond ring. So, now what? To maximize your return and avoid potential pitfalls, put the following on your to-do list.
1. Gather your paperwork
If you have any documents or certificates from your original purchase, such as a GIA grading report, bringing them with you can help validate and authenticate your diamond.
If you don't have documentation, don't panic; a seasoned jeweler can still provide an accurate evaluation.
2. Understand the 4Cs
The 4Cs inform your diamond's value. By understanding these characteristics, you'll be better prepared for the evaluation process.
Here's a refresher:
- Cut impacts brilliance
- Color refers to how "white" a diamond is
- Clarity assesses internal and external blemishes
- Carat weight determines size and rarity
3. Choose a reputable buyer
To optimize your payout and ensure a smooth process, choose a trusted jeweler with an established reputation for exemplary service.
For example, at Lux Bond & Green, our expert team of trained gemologists provides transparent, discreet, on-site evaluations to help you make an informed decision.
4. Request an evaluation
Your diamond jewelry should be evaluated in person by a professional.
At Lux Bond & Green, we take a holistic approach to assessing your diamond's value, surveying the stone, setting, and characteristics while factoring in the piece’s designer. By considering these traits, we help you receive a more accurate and competitive offer.
5. Determine if you’re selling or trading in
You can sell a diamond outright or trade it in and apply the value toward a new purchase.
Whether you're looking for an upgrade or are pining for a piece from a premier designer, Lux Bond & Green's Trade-In, Trade-Up Program makes this option just as easy as selling.
The Trade-In, Trade-Up program lets customers exchange their original solitaire diamond for a larger one, receiving 100% of the original purchase price as credit (no expiration, no depreciation), making it one of the most generous upgrade policies in fine jewelry.
What else should I consider when selling my diamond ring?
While understanding the step-by-step logistics of selling your diamond is critical, it's also wise to account for the following:
Market trends can influence value
The value of a diamond isn't set in stone. Based on supply, demand, and global trends, your total proceeds can fluctuate.
The designer can, too
If you have a diamond from an esteemed brand, you're likely to see the value increase — especially if your piece is in quality condition.
Condition Matters
The condition of your diamond counts. While diamonds inherently retain value, the state of the mounting or band can shape your final offer.
Be confident you're ready to say goodbye
Diamond pieces carry sentiment, so don't rush the process. Furthermore, select a buyer who understands and respects the emotional aspects of this significant decision.
Selling your diamond at Lux Bond & Green
If you're wondering where to sell diamond rings in New England, Lux Bond & Green is here to help. With locations in Massachusetts and Connecticut, we offer accessible services, including private evaluations, expert assessment, competitive offers, and a storied reputation to prove it.
What kinds of diamond pieces does Lux Bond & Green purchase?
For over a century, clients looking to sell diamond jewelry have favored Lux Bond & Green for the professionalism and trustworthy care that define our service.
We purchase a variety of diamond pieces, including loose diamonds, engagement rings, wedding bands, diamond stud earrings, designer jewelry, and other necklaces and earrings.
Ready to take the first step?
Selling a diamond is a major decision. With the right guidance and a reputable jeweler, selling your diamond can be immensely rewarding.
Whether you're curious where to sell diamond rings or are simply wondering where to begin, you can sell your diamond with confidence at Lux Bond & Green.
Turn your diamond into opportunity and visit Lux Bond & Green today!