sell loose diamonds : Tips on Selling Loose Diamonds

At the time of purchase unscrupulous jewelers will do anything to sell and get the money spent on inventory back into the business. False claims are made by sellers to get rid of inventory or by unscrupulous sales people to meet their quotas. Most commonly heard claims are

 Diamonds are investments,

 Diamond prices appreciate over time,

 Diamonds never lose their value,

 Certified diamonds are guaranteed to hold value,

 It will be appraised for 1,000's more than what you are actually paying. Such a deal!

This mostly applies to engagement rings or purchases of loose diamonds. A first time buyer of engagement rings is in love and has only one thought in mind - Giving the best that he can afford and making sure that she likes the ring. However, not all of us are lucky. It is a fact of life that marriages sometimes end in divorce and engagements are broken. Most times individuals are left behind with an expensive piece of jewelry, which reminds them of bad memories. Although a sad moment in anyone's life, there is always hope. You can sell that engagement ring, loose diamond, diamond studs, etc. and turn it into cash.read more