There are lots of reasons for choosing to sell your unwanted diamonds and fine jewelry. You might be seeking emotional release from a broken linking, needing emergency money, buying or remodeling your house, or upgrading your jewelry for something much more stylish.
Once you choose to market your fine jewelry, the very first question is: What’s it worth? Quite simply, your jewelry is worth what somebody else is willing to pay for it. But there’s a difference between assessed value and market value.
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Most appraisals aren’t a legitimate indicator of the value of your diamonds or jewelry. You might get between 10 percent and 20 percent of their appraised value. An appraisal can be issued for various factors.
From time to time, a high evaluation is utilized as a marketing tool by a merchant who wants his client to think he has got an excellent thing. Insurance firms also don’t head inflated evaluations, since the premiums clients pay are based on the filed value.
If you would like to have an accurate evaluation of your diamond or jewelry worth, have it appraised by an independent appraiser that does not have any interest in it. When it comes to diamonds, most frequently appraisals aren’t accurate concerning the color and clarity.