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how to re-sell my diamond?

P: 6/30/2008 4:55:27 PM
alaindelon Rough Rock Total Posts: 1 Last Post: 6/30/2008 Member Since: 6/19/2008	We purchased a new diamond ring and wish to sell the other one. I've had a lot of warning that the diamond may sell for much lower than its purchase price. I'm also concerned about reliability--I would rather have a bit of info about the dealer or store before I go. Does anyone know any jeweler/dealer in the NYC area who is known for being fair and trustworthy with buying diamonds from individuals? Info about the ring we wish to sell: Emerald cut with sidestones Total carats: 1.40 Center stone: .47 to .50 Color: H-I Clarity: VVS-VS1 Btw, I only have the appraisal of the jeweler, not GIA or the like. The ring cost approx $1400 Thanks in advance!
Posted: 6/30/2008 4:55:27 PM

There are 5 replies to this message. There are 5 replies on this page.

P: 6/30/2008 5:00:49 PM
MonkeyPie Ideal Rock Total Posts: 3,589 Last Post: 11/22/2009 Member Since: 4/23/2008	You might be more likely to get what you paid for it by selling it yourself, such as on craigslist.
Posted: 6/30/2008 5:00:49 PM

P: 6/30/2008 6:06:12 PM
kcoursolle Ideal Rock Total Posts: 10,344 Last Post: 10/14/2009 Member Since: 1/21/2006	I've consigned several rings through pearlmans. They aren't located in NY, but I was out of state for them as well and didn't have any problems dealing with them long distance. They take a 15% commission which I think is very fair and they do all of the work of listing it on their website. Here is their website: pearlmansjewelers.com. I wouldn't expect much more than half of what you paid...but that's just how it goes when you sell pre-owned.
Posted: 6/30/2008 6:06:12 PM

P: 6/30/2008 6:51:19 PM
february2003bride Ideal Rock Total Posts: 2,100 Last Post: 11/6/2009 Member Since: 1/18/2005	Date: 6/30/2008 6:06:12 PM Author: kcoursolle I've consigned several rings through pearlmans. They aren't located in NY, but I was out of state for them as well and didn't have any problems dealing with them long distance. They take a 15% commission which I think is very fair and they do all of the work of listing it on their website. Here is their website: pearlmansjewelers.com. I wouldn't expect much more than half of what you paid...but that's just how it goes when you sell pre-owned. KCour- The commission is now 25% for new customers who consign through Pearlman's. Customers who have consigned in the past stay at 15% (if I understood Bill correctly). I just sent my e-ring to Bill to consign and have consigned with him in the past, and I 100% recommend Pearlman's. Bill is an outstanding merchant whom I trust without a doubt (and his staff!) to handle all of the items I've sent him.
Posted: 6/30/2008 6:51:19 PM

P: 6/30/2008 7:04:58 PM
kcoursolle Ideal Rock Total Posts: 10,344 Last Post: 10/14/2009 Member Since: 1/21/2006	Date: 6/30/2008 6:51:19 PM Author: february2003bride Date: 6/30/2008 6:06:12 PM Author: kcoursolle I've consigned several rings through pearlmans. They aren't located in NY, but I was out of state for them as well and didn't have any problems dealing with them long distance. They take a 15% commission which I think is very fair and they do all of the work of listing it on their website. Here is their website: pearlmansjewelers.com. I wouldn't expect much more than half of what you paid...but that's just how it goes when you sell pre-owned. KCour- The commission is now 25% for new customers who consign through Pearlman's. Customers who have consigned in the past stay at 15% (if I understood Bill correctly). I just sent my e-ring to Bill to consign and have consigned with him in the past, and I 100% recommend Pearlman's. Bill is an outstanding merchant whom I trust without a doubt (and his staff!) to handle all of the items I've sent him. good to know february bride, I didn't know he increased it to 25%...although I am happy to be grandfathered in to 15%. At 25% it's still probably the best way to sell since he makes it so easy for you and because his website has such a large readership. In addition, pearlmans is very trustworthy and people are eager to buy from them.
Posted: 6/30/2008 7:04:58 PM

P: 7/1/2008 5:14:20 AM
Lorelei Ideal Rock Total Posts: 34,212 Last Post: 11/22/2009 Member Since: 4/30/2005	This thread might help along with the advice the other ladies have given, http://www.pricescope.com/idealbb/view.asp?topicID=17952 Nothing is more sacred as the bond between horse and rider...no other creature can ever become so emotionally close to a human as a horse. When a horse dies, the memory lives on because an enormous part of his owner's heart, soul, very existence dies also...but that can never be laid to rest, it is not meant to be... - Stephanie M Thorn
Posted: 7/1/2008 5:14:20 AM

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