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Diamonds and Auctions |
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| P: 6/4/2009 10:57:25 AM | |
Colin H Rough Rock Total Posts: 1 Last Post: 6/4/2009 Member Since: 6/1/2009 |
Hi, I am currently new to diamonds and have just recently developed an interest in the diamond market. I have been attending a local weekly auction off and on since Jan 09, it appears that loose diamonds as well as diamond rings are selling for about 10% of the appraised value. None of the diamonds have been certified so far, they just have appraisals. I was hoping someone could help me out with some tips on how I can be cautious as a buyer at the auction, as well as the best way to sell them ( ebay private listings etc ) so that my buyers can feel confidant and safe buying from me.
New to Diamonds |
| Posted: 6/4/2009 10:57:25 AM | |
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There are 1 replies to this message. There are 1 replies on this page. |
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| P: 6/4/2009 12:19:30 PM | |
Dancing Fire Ideal Rock Total Posts: 10,218 Last Post: 11/21/2009 Member Since: 4/3/2004 |
Date: 6/4/2009 10:57:25 AM easy, just don't buy at auctions. and you know why they are only selling for 10% of appraisel? because... that's what they are worth or less !!
Author:Colin H Hi, I am currently new to diamonds and have just recently developed an interest in the diamond market. I have been attending a local weekly auction off and on since Jan 09, it appears that loose diamonds as well as diamond rings are selling for about 10% of the appraised value. None of the diamonds have been certified so far, they just have appraisals. I was hoping someone could help me out with some tips on how I can be cautious as a buyer at the auction, as well as the best way to sell them ( ebay private listings etc ) so that my buyers can feel confidant and safe buying from me. it is always harder to find a "mind clean" stone than a eye clean stone. |
| Posted: 6/4/2009 12:19:30 PM | |
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