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Who buys old European cut diamonds?

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lrbatie

Rough_Rock
Joined
May 30, 2003
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Hi,

First time posting here, but I''ve seen some knowledgeable responses to some of the postings and thought I''d give it a try.

My sisters and I inherited a few nice pieces of jewelry from my grandmother, including about 10 old European cut diamonds. I plan to keep mine, but my younger sister needs to sell hers. We''ve had them appraised, but only in their settings, as: one at .85-95 carats, VS/G-I; one at .33 carats, SI/G-H; one at .33 SI/J-K; one at .16-.18 carats, SI/G-H. Also one at .2, round/brilliant cut, SI/GH.

My sister was very disappointed at the quotes she got from estate jewelry stores. The most she was offered for ALL of the diamonds was $400!! From the appraisal, retail value was approximated at about $13K, so she thought she''d ask for $6000, and be lucky to get $4500. She was told by several proprietors that no one wants European cut diamonds, and that they would re-cut them before they offered them for sale (and thus reduce their size by half). She was told to go to "a dealer" if she wanted a better quote.

Any thoughts on this? I thought that sellers of estate jewelry would be interested in old-cut diamonds. If not, where does one find a dealer?

Thanks for any advice on this.
 
Contact Dave Atlas, Oldminer on this site. He specializes in old cuts and could steer you in the right direction.
 
Thank you! I've been perusing and came across his name. I'll get in touch.
 
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