I have a pair of .90 color F clarity VVS1 diamond studs

[Jaydee23]

It comes with 2 GIA cert's, my question is I am trying to sell it for top dollar. I found a site diamondbistro.com which you only have to pay a dollar to post the listing I just do not want to get scammed I want to be cautious with it, does anyone have exp. with this site? or should I use ebay? thanks

 

[ruby59]

If you are concerned about scammers, then ebay is not the place for you, especially if you are a newbie.

 

[Gypsy]

Many of us often post on Diamond Bistro, it's safe. But If you don't want to give out your credit card info (and I don't blame you) then I would try for Loupetroop.com it's similar to diamond bistro, but you don't have to give up your credit card information to post.

Honestly though, you would be better off seeing if you can trade them in somewhere with that high color and clarity. If they are GIA graded, especially if they are Ex/Ex stones that is going to be your best bet.

 

[Jaydee23]

It comes with 2 GIA cert's, my question is I am trying to sell it for top dollar. I found a site diamondbistro.com which you only have to pay a dollar to post the listing I just do not want to get scammed I want to be cautious with it, does anyone have exp. with this site? or should I use ebay? thanks

I have dealt with ebay before I am very comfortable with it, fees are bad though

 

[Jaydee23]

Many of us often post on Diamond Bistro, it's safe. But If you don't want to give out your credit card info (and I don't blame you) then I would try for Loupetroop.com it's similar to diamond bistro, but you don't have to give up your credit card information to post.

Honestly though, you would be better off seeing if you can trade them in somewhere with that high color and clarity. If they are GIA graded, especially if they are Ex/Ex stones that is going to be your best bet.

Thanks, I will check out Loupetroop also good to hear you have had good exp with diamondbistro

 

[ruby59]

Have you checked out the Preloved Section here? If you list it on ebay, loupetroop, or diamondbistro, you could advertise it on that forum.

 

[Jaydee23]

Have you checked out the Preloved Section here? If you list it on ebay, loupetroop, or diamondbistro, you could advertise it on that forum.

Thanks, you guys are helping me a lot

 

[cm366]

Jaydee,

I can't help but note that you have quite a few posts asking about how to sell and appraise diamonds, at least one of which says you're getting into the business. Are you a trade member?

 

[Jaydee23]

Jaydee,

I can't help but note that you have quite a few posts asking about how to sell and appraise diamonds, at least one of which says you're getting into the business. Are you a trade member?

Yes I just got into the business about 2 months ago, as you can see from my past posts I had a lot to learn about diamonds and I have. I have a girl friend who makes her own jewelery so I have her set it for me, I am not a trade member though I do most of my business Ebay, you think it would be beneficial to become trade member?

 

[denverappraiser]

If you’re conducting business for an intended profit, you’re a trade member. It doesn’t matter where or how you advertise. That said, there’s nothing wrong with being in the trade. I am, and I'm very happy with it.

That said, ebay is a pretty competitive place and sharks abound. Even if you are entirely on the up and up, your competitions aren’t and it’s common to have problems. As you point out, the fees are fairly high, especially if your pitch is that you offer bargain prices and you’ll notice that the majority of ‘trade members’ choose to avoid that as a channel for that reason. Your results may vary and I wish you the best of luck with it. It's easy and inexpensive to try.

As a trade member, I’m curious. You get to choose your inventory based on what you think will sell well for you. That's one of the big advantages you have over competitive consumer resellers. You chose 0.90/F/VVS1/GIA each studs. May I ask why? That’s a pretty unusual item, especially if your target marketplace is ebay or something similar. Is that something you decided to buy or did the salesperson convince you that this was the place to start?

The usual way to get top dollar is to open up a storefront, advertise it, and work it for a while. Another choice that works decently well is to put up a website and advertise that. Costs for this can be considerable but 'top dollar' is the reason people do it.

 

[Jaydee23]

If you’re conducting business for an intended profit, you’re a trade member. It doesn’t matter where or how you advertise. That said, there’s nothing wrong with being in the trade. I am, and I'm very happy with it.

That said, ebay is a pretty competitive place and sharks abound. Even if you are entirely on the up and up, your competitions aren’t and it’s common to have problems. As you point out, the fees are fairly high, especially if your pitch is that you offer bargain prices and you’ll notice that the majority of ‘trade members’ choose to avoid that as a channel for that reason. Your results may vary and I wish you the best of luck with it. It's easy and inexpensive to try.

As a trade member, I’m curious. You get to choose your inventory based on what you think will sell well for you. That's one of the big advantages you have over competitive consumer resellers. You chose 0.90/F/VVS1/GIA each studs. May I ask why? That’s a pretty unusual item, especially if your target marketplace is ebay or something similar. Is that something you decided to buy or did the salesperson convince you that this was the place to start?

The usual way to get top dollar is to open up a storefront, advertise it, and work it for a while. Another choice that works decently well is to put up a website and advertise that. Costs for this can be consiI derable but 'top dollar' is the reason people do it.

yeah Ebay is competitive and fees are terrible being that I did not have feedback on Ebay I had to sacrifice some profit still doing fairly well with it.
As for your question yes I picked the stones out myself as for the title of the thread I only put that because I though this forum was only talking about specific diamonds, I do have a couple .80 ct color g earrings I am working on though along with bigger diamond CT for solitaire ring.
Website obviously is what I am hoping for that would be best case scenario at this point but I do not think I am ready going to take my time not rush anything, appreciate the advice

 

[denverappraiser]

I wouldn't recommend viewing it as sacrificing profit or you're going to drive yourself crazy. How much you can sell something for has at least as much to do with YOU as it does with the merchandise. It makes not a bit of difference if others can get more for something similar in some other marketplace or even if others are better at working your own chosen market than you are. Skilled ebayers do a lot better than newbies, and the way they got there is by working through the newbie stage. In general people want to climb the learning curve using less expensive goods where stumbles don't hurt as much but that's your call. Again, your decision is unusual but that doesn't make you wrong. Doing a few hundred deals for things that cost under $50 each would probably be a worthwhile exercise for you.

A quick google search for 'diamond stud earrings' produces over 5 Million hits. That's a pretty deep pool to be diving into and, as with the above, the people with talent, budgets and experience do a LOT better than those without. Work out where you want to go and then design a path to get there. Be prepared to spend some money. You're going toe to toe with some people with multi-million dollar advertising budgets and decades of experience. It *IS* possible to start a successful jewelry business and I really do wish you the best of luck with it but I think you'll find that it's nothing like as easy as you're expecting and I suspect you are being misled by the vendor who is supplying you these things (which is what even brings this discussion anywhere near to being within the forum rules).

This is a consumer diamond forum and we've strayed well into the category of business advice but I would suggest that you concentrate some serious effort on your business planning. Successful businesses don't just happen and it sounds like you're way ahead of yourself with this.

 

[ruby59]

Just wanted to add based on my last post that if you are a member of the trade, you cannot advertise on the Preloved forum.

 

[Jaydee23]

I wouldn't recommend viewing it as sacrificing profit or you're going to drive yourself crazy. How much you can sell something for has at least as much to do with YOU as it does with the merchandise. It makes not a bit of difference if others can get more for something similar in some other marketplace or even if others are better at working your own chosen market than you are. Skilled ebayers do a lot better than newbies, and the way they got there is by working through the newbie stage. In general people want to climb the learning curve using less expensive goods where stumbles don't hurt as much but that's your call. Again, your decision is unusual but that doesn't make you wrong. Doing a few hundred deals for things that cost under $50 each would probably be a worthwhile exercise for you.

A quick google search for 'diamond stud earrings' produces over 5 Million hits. That's a pretty deep pool to be diving into and, as with the above, the people with talent, budgets and experience do a LOT better than those without. Work out where you want to go and then design a path to get there. Be prepared to spend some money. You're going toe to toe with some people with multi-million dollar advertising budgets and decades of experience. It *IS* possible to start a successful jewelry business and I really do wish you the best of luck with it but I think you'll find that it's nothing like as easy as you're expecting and I suspect you are being misled by the vendor who is supplying you these things (which is what even brings this discussion anywhere near to being within the forum rules).

This is a consumer diamond forum and we've strayed well into the category of business advice but I would suggest that you concentrate some serious effort on your business planning. Successful businesses don't just happen and it sounds like you're way ahead of yourself with this.

I respect what you are saying and agree for the most part, however I knew it wasn't going to be easy and trust me I know what I'm dealing with when it comes to competition. I import literally right next to the ddc in Manhattan and I can't begin to tell you how small I felt lol all help is appreciated I look foward to learning from the veterans on this forum. Thanks

 

[Ella]

We suggest that the OP reads our trade policies. As a trade member you cannot post in PreLoved.

 

[denverappraiser]

As for your question yes I picked the stones out myself as for the title of the thread I only put that because I though this forum was only talking about specific diamonds, I do have a couple .80 ct color g earrings I am working on though along with bigger diamond CT for solitaire ring.

Again, I'm just curious. 0.90/F/VVS1 is a decidedly unusual selection for earrings. Otherwise similar H/VS2's are visibly identical and on the order of half the price. Even less if you drop below 0.90cts. Most shoppers in earrings aren't all that sensitive to the difference, especially shoppers who are surfing for bargains on ebay. On the other hand, engagement ring customers are far more inclined to value the higher grades so 2 engagement rings seems like the obvious path. Give that, why did you pick this particular item as your first jump into the business? I don't mean to harp on this, sell what you want, but the nagging voice in the back of my head tells me that you really are an amateur and that someone, presumably the seller, has convinced you that there's a business opportunity here. You've just stepped over the line from consumer to merchant and obviously haven't thought it through. It's a process that many here have thought about, a few have done, and fewer still have done successfully.

 

[distracts]

Yeah, this guy has been told in all his posts that maybe he ought to re-think entering the trade since he knows so little, but he clearly feels like he's got it under control.