What Is The Resale Value Of A Diamond Ring

However pre owned diamond rings rarely sell quickly especially at near retail prices meaning you may need to wait for a long time before your ring finds a buyer.

What is the resale value of a diamond ring.

The heavier the diamond the greater its value. Most people expect to get the appraisal value for their ring but the truth is it doesn t reflect the diamond ring s resale value. In most cases a diamond engagement ring or other diamond jewelry will have a resale value of between 20 and 60 of the amount it cost when it was new. This person understands how much they would expect to pay for the diamond in a retail setting and therefore is willing to pay below the retail price but above the liquidation price of a diamond.

Heavier stones however are harder to find leading to greater value and use of supply and demand principles. Based strictly on weight diamonds are incredibly valuable. While the timing may be right selling your diamond can be a major headache. This price index for 1 carat 1 5 carat 2 carat and 3 carat diamonds will be updated periodically to reflect changing retail and wholesale diamond prices.

On this page the calculator allows the user to estimate the diamond value based on rapaport diamond prices a diamond is valued by 4 important parameters color clarity cut and carat weight. The appraisal states the retail replacement value this is how much will it cost to replace the item and it s directly related to insurance policies. Unlike gold which has a quantifiable melt value resale prices for diamonds have no one objective measure making it. When you add together the prices you are likely to get for your diamond and gold it turns out that your ring is worth between 1 444 1 300 144 and 2 142 1 950 192 this is the range its price will most likely fall into if you sell the diamond and gold separately to dealers.

A 1 carat heart shaped diamond with vs1 clarity and a color grade of e is estimated to be worth 7 425 00. The second section of this article will explain how diamond prices are determined and calculated. The wholesale and retail prices chart below is petra gems best average estimates based on data of leading diamond suppliers and. Small stones of high color and clarity are easier to find than larger ones so you will notice them more often in jewelry stores.

The estimate of the diamond price is only indicative the prices vary with the market and other factors. This is an individual who is looking for a diamond that you may have. The diamond resale value is one that a consumer could expect to receive from a private buyer.