How could I sell an unwanted diamond?

How about putting it on ebay? I think that you would have a good chance of selling it on there. You could also try online classifieds such as craigslist. etc. I also think you should take a picture of the diamond so that the consumer could see what you were offerring.

If you don't already have a report, you should get the diamond appraised by one of the official diamond grading organizations such as the GIA. Having this official report will make the consumer feel better about the diamonds quality and will give you an idea of how much money you should be charging.

I urge you to stay away from pawn shops because in my opinion, they are the biggest crooks out there. They try and convince you that they are doing you a favor by buying your "junky jewelry," and try to offer you such an disgustingly low rate, that you might as well be selling cubiz zirkonia instead of a real diamond. Do your research, get it appraised and you will be fine.

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I'm sorry to hear about the "totally ugly ring" that your grandmother left you. Before you do anything rash, I urge you to think twice before selling it. Your grandmother left you this ring, and I'm sure there is a good reason for that. She may have worn this ring during some of life's most treasured moments: her wedding day, your parents' wedding, the first time she saw you. This ring has inestimable, inherent value to it, and sometimes sentimental value is worth a lot more than superficial façade. Then again, we
diamond-people find inherent value in façade, so who am I kidding? Go ahead and sell the ugly bauble!

Shirley Bassey said that "diamonds are forever." Well, either Ms. Bassey was no expert on the matter, or she was drunk. While diamonds can indeed be forever, if we wish them to, they can also stay with us very temporarily, as we can simply sell them. The trick is to be smart about it.


Now, if you decide to sell your diamond there are a few things you need to know before doing so. Firstly, diamonds are of great retail-value because you can often sell them for almost the price you bought them. So, the first thing you need to do is find out just how much this diamond that your grandmother had left you is worth. You can do that by taking it to an expert. My advice though- make a trip to a number of experts. Better safe than sorry, and, in your case, better richer than poorer, right?

Next things you need to know (because you will be asked for this information) are the carat, clarity, cut and color (aka "the four C's") of the diamond. Any potential buyer will want this information. When you get the appraisal from the experts, ask them for this information.

Once you have the aforementioned details, you can continue by looking for the right platform to sell the diamond. For the most part, if you go to stores that bear signs in the likes of "get the best price for your diamond," you probably will NOT get the best price. The reason is that such places are run by people, people who always want to maximize gain and minimize loss. And these people are salesmen, which makes them twice as problematic. Luckily, the advent of the internet has provided us with its most priceless perk: being able to sell things online. Websites like e-bay, for example, are a good place to sell unwanted possessions. The reasons are multifarious: potential buyers can see the ring online, and you can address the ad to prospects in certain locations, thus allowing you to meet them if they are serious. The meeting between seller and buyer is always a good idea, because it creates rapport and helps the buyer to trust the seller.

When you show up for the meeting, make sure you bring all necessary documents: the certification that proves the diamond is real, the appraisal, and even mention the fact that it was passed down to you by your grandmother. People love vintage.

Good luck! By the way, one last tip- make sure the diamond you leave your own granddaughter will be a nice one, so she doesn't have to go through what you're going through right now.

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