Advice/Help on selling my diamond- SteveL and others

[genie]

Hello, I want to sell this diamond. I would like to know how much I should get for it, whether anyone is interested, and where else I could go to sell it. I know some jewelry stores around where I live buy as well as sell, but I don't know what I should get for it. THanks for your help!GIA certified .70 carats
Round brilliant: 5.66-5.71x 3.63 mm
VS2 - G color
Depth: 63.9%
Table: 55%
GIrdle: thin to medium, faceted
Cutlet:none
Finish:
Polish - Very good
Symmetry - Good

 

[pricescope]

Genie hi,Good that you have GIA report for the diamond. It should help.While waiting reply from StevL, you might want to check this earlier thread about selling your diamond: www.pricescope.com/ubb/Forum1/HTML/000014.html Check also Oldminer post in this thread: www.pricescope.com/ubb/Forum1/HTML/000095.html Leonid

 

[oldminer]

SteveL has given you a great price and a very good explanation, too. I would not be able to do any better. Good luck in the quest to sell it!
------------------
David Atlas
Accredited Gem Appraisers

 

[StevL]

Hi,
If you were to come in my store selling this diamond, I would offer you in the $1,600 to $1,800 range. I think you will find this to be a decent offer from a jeweler. Some may offer a little more, and many will offer much less. This of course depends on the GIA report not being more than a year or so old.My suggestion is to find a jeweler to sell it for you. In this type transaction in my store you would receive closer to the $2,300 mark. Depending on the store and the margins they work on, you could get a little more or less.If you can find a retail customer you would probably sell it for around the $2,800 to 3,000 dollar range, but you must find a retail customer that isn't net savy. This diamond is selling on the net for about $2,600.These are general numbers to use in making a marketing decision on your part. They can all vary by who you speak to.Good luck!------------------
StevL
www.demsjewelers.com
www.eightstar.com

 

[pricescope]

Great advice StevL. Thanks

 

[genie]

Thanks Steve and others. You guys are great!