Selling diamond jewelry can be an extremely frustrating and overwhelming process. First and foremost, the item up for sale is most often a wedding ring or engagement setting, which can bring with it its own emotional challenges and difficulties.
Second, most people selling a diamond expect to receive a great price in return – at least, a price fairly close to the one they originally paid. This is rarely the case, however, and can result in dissatisfaction and added frustration for the seller.
To further complicate matters, it is difficult to know if the price you’re being offered is good and fair – or how to go about finding a good price in the first place.
Here is a breakdown of what you should expect when selling a diamond and how you can go about making sure you receive the best possible price.