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Diamond Selling FAQs
If you’re searching for a local diamond buyer in Northbrook, these FAQs will help you understand pricing and the selling process. If you still have questions, call or use the contact form and we’ll respond quickly.
Quick context: how we price diamond jewelry
First, we look at the diamonds (cut, color, clarity, and carat weight). Next, we evaluate the setting and metal. Then, we factor in brand demand and overall condition. Finally, we connect the offer to current market pricing, not a retail sticker price.
Why is my diamond ring worth much less than I paid?
Retail jewelry prices include major store costs like rent, staff, insurance, and advertising. Because those costs don’t transfer to the resale market, pre-owned jewelry typically sells based on current wholesale demand for the diamonds and metal, not the original retail ticket.
Why does my insurance appraisal feel higher than a cash offer?
Insurance appraisals usually reflect replacement pricing. Insurers use that figure to set premiums, and the number often includes brand-new labor and markup. A cash offer focuses on what comparable pre-owned items sell for today, so the two numbers rarely match.
Is my appraisal accurate for diamond quality?
Appraisals can be optimistic on color and clarity. In practice, even a small shift—like a diamond that looks more yellow than the appraisal suggests—can change the resale value significantly. That’s why we confirm quality details during an in-person inspection.
Does a GIA certificate matter compared to other labs?
A GIA report is widely trusted because it uses strict grading. Other labs can still help as a starting point, yet we often verify the grades in person before finalizing an offer. Either way, you can still start with photos and report details for a fast estimate.
Is one large diamond worth more than many small diamonds?
Usually, yes. A single larger diamond is rarer and tends to resell more easily, so the market often pays a higher per-carat rate. Many small diamonds can add sparkle, but they usually trade at lower wholesale rates, which affects resale offers.
Additionally, if you have paperwork like a certificate or appraisal, send a photo. It won’t replace an inspection, but it helps us narrow the estimate faster.
Still unsure? Here’s the fastest next step.
Start by sending photos and any details you have. Then, we’ll reply with a realistic range and a recommendation: meet in person or discuss insured shipping. Either way, you keep control of the decision and the timing.
Photo tips that make estimates more accurate
Good photos speed up the estimate, because they show the design and the stone layout clearly. First, place the item on a plain surface near a window. Next, take one top-down photo and one side photo. Then, add a close-up of any stamps or brand marks. Finally, if you have a report, photograph the full page so we can read the grades.
- Avoid harsh flash; use soft daylight instead.
- Hold the camera steady and tap to focus on the diamond.
- Include both items for pairs (earrings) so we can judge matching.
How long does it take?
In many cases, you’ll receive an initial estimate quickly once we have photos and key details. After that, an in-person evaluation usually takes a short appointment. If you choose insured shipping, timing depends on transit and inspection, but we keep communication clear at every step.