If you’re looking to sell diamonds, you need to understand what your precious gemstones are worth. When pricing diamonds, a pawn shop will typically consider four main factors, detailed below.
4 Factors to Consider When You Sell Diamonds
The cut of a diamond determines how it shines and its overall value. The proportions of the cut will affect how light behaves when it hits the diamond, reflecting it back to the eye for a brighter, more dazzling appearance. Diamonds with the most contrast between their bright and dark areas will typically be more valuable than those with duller cuts.
Clarity refers to the assessment of a diamond’s flaws. No flawless diamonds exist in nature; all have small imperfections both on the surface and internally that affect their clarity. The fewer flaws present, the higher the diamond’s clarity and corresponding value.
Carats refer to a diamond’s weight. A higher carat count typically makes a diamond more valuable since large stones are rarer in nature. However, keep in mind that a smaller diamond can cost more than a bigger one if its other qualities are better.
When looking at colorless diamonds, which are the most commonly used in jewelry, their hue may range from no color at all to light yellow or brown. A truly colorless diamond is extremely rare, so it has the highest price point. On the other hand, colored diamonds in shades like red, pink, yellow, green, and blue are much rarer and graded on a separate color scale.
Whether you’re looking to sell diamonds or do a diamond exchange, head to A Happy Pawn. Serving Honolulu, HI, since 1988, this reputable pawn shop provides a vast jewelry exchange selection and fast cash for your most precious valuables. Their service has earned them accreditation with the Better Business Bureau®. To sell diamonds or find something new for your collection, give them a call today at (808) 383-5253, or contact them online with any inquiries.