Things to Know for your diamond Ring Valuation
Are you looking to buy a new diamond ring? Or maybe you want to sell one? Perhaps you’re planning to trade your old stone for a new one?
No matter what relationship you have with your diamond, you always end up asking same old question – how much is the ring worth? Well your ring’s value comprises two main factors – the metal and the stone. But how do you identify the worth of each? Keep scrolling for things to know for your Diamond Ring Valuation.
Anyone who buys diamond gets a certificate with a grade assigned to the gemstone. This grade is based on four C’s – Colour, Clarity, Cut and Carat. Determining the quality of your diamond is number one factor to know the value of your stone.
No two diamonds are the same and even a minimal inclusion on your ring can change its value. However you can compare your diamond with other gems of similar characteristics to figure out the value you can expect your ring to be worth.
You know the value of your diamond, now you are thinking to sell it. Well hold your horses there as you’ll be slightly disappointed to know that jewellers will not give you the retail value of your diamonds as they can buy brand new diamonds in wholesale for the same price!
And if they buy from you, they’ll be buying the damage you may have caused to your diamond. The staining of a once colourless gem, the missing stone in the setting or the chip on the band, they will have to fix it and then flip it for a profit.
Diamond rings are generally crafted with a gold band. Value of gold is measured in carats with 24K being the highest. Though 24K is too soft to be used for jewellery and which is why 18K (75% of pure gold) is usually the highest bands starts at. Once you figure out the weight of your band you can then find out the weight per gram.
To sum up, the value of your valuables like gold and diamond keeps on fluctuating. We recommend you to keep an eye on the trends to help you get most value out of your possessions.
No matter what relationship you have with your diamond, you always end up asking same old question – how much is the ring worth? Well your ring’s value comprises two main factors – the metal and the stone. But how do you identify the worth of each? Keep scrolling for things to know for your Diamond Ring Valuation.
What Is The Quality of Your Diamond?
Anyone who buys diamond gets a certificate with a grade assigned to the gemstone. This grade is based on four C’s – Colour, Clarity, Cut and Carat. Determining the quality of your diamond is number one factor to know the value of your stone.
Find Out The Market Value of Your Diamond
No two diamonds are the same and even a minimal inclusion on your ring can change its value. However you can compare your diamond with other gems of similar characteristics to figure out the value you can expect your ring to be worth.
Retail Value Vs Actual Value
You know the value of your diamond, now you are thinking to sell it. Well hold your horses there as you’ll be slightly disappointed to know that jewellers will not give you the retail value of your diamonds as they can buy brand new diamonds in wholesale for the same price!
And if they buy from you, they’ll be buying the damage you may have caused to your diamond. The staining of a once colourless gem, the missing stone in the setting or the chip on the band, they will have to fix it and then flip it for a profit.
The Band
Diamond rings are generally crafted with a gold band. Value of gold is measured in carats with 24K being the highest. Though 24K is too soft to be used for jewellery and which is why 18K (75% of pure gold) is usually the highest bands starts at. Once you figure out the weight of your band you can then find out the weight per gram.
To sum up, the value of your valuables like gold and diamond keeps on fluctuating. We recommend you to keep an eye on the trends to help you get most value out of your possessions.
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