- Joined
- Oct 24, 2012
- Messages
- 12,692
Hi Everyone 
:
I've seen lots of people sell their stones in pre-loved, (ie Loupe Troop and Diamond Bistro). I'm helping a friend sell hers. She's not in a huge hurry, she doesn't have the specs of the stone, and can't find the certificate. I wanted to suggest the following to her.
If the stone is not that sparkly or well cut, I would send it to BGD and have it assessed for a recut. Then recut it and get it AGS certified, and then put it on the market. I know it's 1.5-2.0 carats. A couple hundred dollars to recut, a couple more to certify, and some more to send secure. $500-$600 investment to get a lot more in return. In my mind I'm comparing what you would get for an ok cut stone versus an AGS 000.
I think it's worth the cost to recut and to obtain a certification to get the best price on the stone. Otherwise, you won't even know what to ask. I know you can get it appraised, but most serious buyers (at least the ones educated on PS) wouldn't buy a second hand stone that had no cert. Or at least you can't get the best price on it. If I am wrong about that and have been hanging out too much with the diamond discriminating crowd, please let me know.
I know that the stone is not a very badly cut stone, but I'm guessing it's in the very good range of GIA. Assuming she has time and they don't have shave off half the diamond weight, I think a recut is worth it to get the best price.
Another option is to send it to GIA, get it certified and just throw it out there and see what bites.
She's not interested in trading it in. I think she just wants the cash.
And another question just occurred to me. Have you met many jewelers who would buy a stone without a certificate if you weren't upgrading, or doing some sort of trade in? I wonder how viable an option that would be, while still getting a decent price on your stone.
If you have any other suggestions, and things to watch out for, I'd be grateful for any advice.
TIA!
:I've seen lots of people sell their stones in pre-loved, (ie Loupe Troop and Diamond Bistro). I'm helping a friend sell hers. She's not in a huge hurry, she doesn't have the specs of the stone, and can't find the certificate. I wanted to suggest the following to her.
If the stone is not that sparkly or well cut, I would send it to BGD and have it assessed for a recut. Then recut it and get it AGS certified, and then put it on the market. I know it's 1.5-2.0 carats. A couple hundred dollars to recut, a couple more to certify, and some more to send secure. $500-$600 investment to get a lot more in return. In my mind I'm comparing what you would get for an ok cut stone versus an AGS 000.
I think it's worth the cost to recut and to obtain a certification to get the best price on the stone. Otherwise, you won't even know what to ask. I know you can get it appraised, but most serious buyers (at least the ones educated on PS) wouldn't buy a second hand stone that had no cert. Or at least you can't get the best price on it. If I am wrong about that and have been hanging out too much with the diamond discriminating crowd, please let me know.
I know that the stone is not a very badly cut stone, but I'm guessing it's in the very good range of GIA. Assuming she has time and they don't have shave off half the diamond weight, I think a recut is worth it to get the best price.
Another option is to send it to GIA, get it certified and just throw it out there and see what bites.
She's not interested in trading it in. I think she just wants the cash.
And another question just occurred to me. Have you met many jewelers who would buy a stone without a certificate if you weren't upgrading, or doing some sort of trade in? I wonder how viable an option that would be, while still getting a decent price on your stone.
If you have any other suggestions, and things to watch out for, I'd be grateful for any advice.
TIA!
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