Is it safe to sell diamonds online?

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Is it safe to sell diamonds online?

The good news is that, yes, it is safe. As long as you work with the right jewelry buying company. From online diamond buyers, jewelry stores, platforms such as eBay or Craigslist or pawn shops. As with any transaction that takes place online, the key is to do your research and only work with reputable businesses.

Why is selling diamonds over the Internet difficult?

Shipping. Diamonds must be shipped to exchanges or other vendors, which place them at risk of being stolen or lost in the process. While you can insure these precious packages, this can prove costly — especially based on the estimated value of the gems.

Can you make money on diamonds?

To make money with loose diamonds, you may find that selling to the public online is a relatively affordable way to do it. You will also need to be aware of prevailing market conditions and what prices major retailers and smaller competitors are charging for comparable loose diamonds.

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How much can you sell real diamonds for?

Diamonds resell for 25\% to 50\% of their purchase value. So if you purchased your diamond jewelry for $1500, the resale value will be somewhere near $855-900, depending on the buyer’s preferences. That’s why only rare and big diamonds are good for investments.

How can I sell my diamond online?

You can find a diamond buyer through online selling platforms, like craigslist or eBay. Some online sites have user ratings or profiles for customers, so you can choose to sell to customers with only trust worthy profiles. You can also choose to find a diamond buyer locally, which is harder, but involves less risk.

What is the safest way to sell jewelry online?

  1. Etsy. You had to know this was going to be on the list of best websites to sell jewelry, right?
  2. eBay. This might not have been a consideration for you since most people think of eBay as the place to sell their junk and collectibles.
  3. ArtFire.
  4. Bonanza.
  5. Zibbet.

Why is it cheaper to buy diamonds online?

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Specifically, buying a diamond online is cheaper than buying in a store. Because of the way that wholesalers distribute and sell diamonds, the process is less expensive for online retailers. By shopping online you’ll also have a larger selection of well-cut diamonds.

Is Blue Nile a good company?

Despite its low prices, Blue Nile is a completely legitimate business. Blue Nile diamonds are GIA certified. The reason why their prices are so low is because they operate on lower margins and do not have expensive brick-and-mortar stores.

Are diamonds easy to sell?

While the timing may be right, selling your diamond can be a major headache. Unlike gold, which has a quantifiable melt value, resale prices for diamonds have no one objective measure, making it easy for inexperienced sellers to become confused and overwhelmed.

Is it easy to sell diamonds?

That is easy! Selling a diamond ring or other diamond jewelry online is just as easy since some of the top buyers send a FedEx mailer to your door for free, and overnight your item to their offices for evaluation, appraisal and quick payment.

Where can I Sell my Diamonds online?

GoldFellow is a solid option for those with diamonds of the right size. Diamond Buyers International buys diamonds from customers and sells to a vast network of jewelers. There are no guidelines as to what types of diamonds they will accept, but they offer free online estimated appraisals as well as free appraisals on diamonds you ship to them.

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Should you sell your diamonds on eBay or worthy?

Platforms like eBay can bring good results, but only if you have previous experience with selling diamonds and a high seller rating. One of the main advantages of selling your diamond through a network like Worthy is the time you save.

Is it easy to sell jewelry online?

If you’re here to learn how to sell jewelry online, you’ve come to the right place. Well, like all online business it’s not all that simple. However, the jewelry business does have some appetizing advantages, and it all starts with the insane markups.

Does diamond buyers international buy diamonds?

Diamond Buyers International buys diamonds from customers and sells to a vast network of jewelers. There are no guidelines as to what types of diamonds they will accept, but they offer free online estimated appraisals as well as free appraisals on diamonds you ship to them.