Should I have my rough diamond jewelry appraised?

Certainly you should. First of all, rough diamonds are not necessarily cheaper than polished diamonds. True, polished diamonds are more in demand, and they require a great amount of careful work to fashion, however, a rough diamond can easily cost more than a polished diamond, depending on the diamond's 4 C's. For example, a rough diamond of an abnormally large carat weight can certainly be more valuable than a small sized polished diamond. A fancy colored rough can cost more than a low color grade polished stone and a rough with the potential to produce a fancy cut diamond will be more expensive than a poorly cut finished diamond. Having a rough diamond appraised is common practice. Look for a local appraiser or jeweler that has some experience in working with rough diamonds. A rough diamond appraisal should cost the same as a polished diamond appraisal so don't let the appraiser tell you differently. After you've had your rough diamond jewelry appraised, I suggest you have it insure against possible theft and damages. If your rough diamond jewelry turns out to be of little value then you can skip this step.

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