Author, Author at Diamond Jewelry Buyers Denver https://diamondjewelrybuyersdenver.com/author/admin/ Sell Diamonds And Gold Denver Sat, 24 Feb 2024 04:27:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://diamondjewelrybuyersdenver.com/wp-content/uploads/2022/11/cropped-Logo-2-32x32.png Author, Author at Diamond Jewelry Buyers Denver https://diamondjewelrybuyersdenver.com/author/admin/ 32 32 Unlocking Hidden Value: Why Selling an Engagement Ring with a GIA Certificate Can Get You More Money https://diamondjewelrybuyersdenver.com/unlocking-hidden-value-why-selling-an-engagement-ring-with-a-gia-certificate-can-get-you-more-money/ Sat, 24 Feb 2024 04:25:41 +0000 https://diamondjewelrybuyersdenver.com/?p=213 The post Unlocking Hidden Value: Why Selling an Engagement Ring with a GIA Certificate Can Get You More Money appeared first on Diamond Jewelry Buyers Denver.

]]>
sell engagement ring

Unlocking Hidden Value: Why Selling an Engagement Ring with a GIA Certificate Can Get You More Money

Divorce often propels people into unexpected financial, emotional, and social waters. A piece of jewelry that once symbolized love and commitment now becomes a tangible, complex asset to manage—the engagement ring. For many individuals emerging from a marriage, selling their wedding ring is an essential part of moving on. In the world of post-divorce financial management, reselling an engagement ring can be a strategic move towards regaining control and building a new, solid foundation.

One critical aspect that often evades the discussion is the importance of a GIA certificate in the resale value of a diamond engagement ring. Certified diamonds, particularly those from the Gemological Institute of America (GIA), offer a raft of benefits that elevates their worth on the secondary market. This blog post will guide you through the nuances of GIA certification and how it can maximize returns when selling an engagement ring.

Maximizing Returns: Understanding GIA Certification

What is GIA Certification?

The Gemological Institute of America, established in 1931, is the foremost authority in the world of gems. A GIA certificate, also known as a diamond certificate, is more than just a piece of paper. It is a comprehensive evaluation of a diamond’s quality—covering its cut, clarity, color, and carat weight. Diamonds with GIA certificates are transparently graded with the highest standards, allowing buyers to make informed decisions with confidence.

The Impact of GIA Certification on Resale Value

When it comes to reselling an engagement ring, a GIA certificate is a game-changer. Buyers are willing to pay a premium for certified diamonds because they have a clear understanding of what they’re purchasing. This transparency breeds trust, which in turn increases the perceived value of the diamond. For someone selling a diamond ring, this means a GIA-certified diamond can fetch a significantly higher price compared to a non-certified one.

Navigating the Resale Market

The Process of Selling an Engagement Ring with a GIA Certificate

The first and most crucial step to selling a GIA-certified diamond is to connect with reputable buyers (like Diamond Jewelry Buyers Denver) or platforms that specialize in jewelry resale. These outlets often look for the assurance that comes with GIA certification, and as a result, they are more likely to offer a higher price. Sellers should also ensure their diamond has been recently appraised to reflect the current retail market value accurately.

Exploring Alternative Sales Avenues

Beyond traditional jewelry stores, digital marketplaces provide an abundance of options for selling an engagement ring. Websites and apps dedicated to jewelry resale can connect you to a broad audience and give you the tools to compare offers. Some platforms even allow you to list your diamond directly, eliminating the middleman and potentially increasing your sale price.

Preparing Your Diamond for Sale

Evaluating the Condition of Your Ring

Before listing your ring for sale, it’s essential to assess its condition. A certified gemologist can help you determine any potential repairs or reconditioning that could enhance the diamond’s appeal and value. Remember, presentation is key to securing a buyer, and a well-kept diamond can make all the difference in the asking price.

Presenting Your Diamond’s Value

In addition to your GIA certificate, presenting your diamond’s unique story—its emotional value or its history—can resonate with potential buyers. Highlighting its narrative alongside the cold, hard certification data can further elevate its appeal and, by extension, its sale price.

Market Trends and Timing

Timing Is Everything

Market trends can influence the value of diamonds, and time can be an ally or a foe. Selling your engagement ring when the market is stable or when there is increased demand can result in a better deal. On the flip side, selling during turbulent times may mean accepting a lower offer. Stay informed about market fluctuations and time your sale strategically.

Anticipating the Right Price

Setting the right price is crucial. Too high, and you may repel potential buyers; too low, and you’ll miss out on the diamond’s true value. Utilize market trends, multiple appraisals, and online price databases to arrive at a competitive yet favorable price for both you and the buyer.

Final Thoughts: The Emotional and Financial Aspect

Selling an engagement ring is not just a financial transaction—it’s a personal and emotional step. It marks the closure of one chapter and the beginning of another. Maximizing the value of your diamond can assist in rebuilding your financial independence and, more importantly, offer a sense of empowerment and control at a time when it is most needed.

Divorced individuals looking to sell an engagement ring with a GIA certificate are urged to approach the process with care, attention, and strategy. By understanding the importance of GIA certification and navigating the resale market intelligently, you can ensure that your most intimate and valuable possessions continue to serve you in your new life’s adventures.

In a time where the path forward may seem uncertain, the legacy of your engagement ring—crafted in romance, designed with intention, and now offered with respect—can serve as a beacon of hope for a brighter, more prosperous future.

The post Unlocking Hidden Value: Why Selling an Engagement Ring with a GIA Certificate Can Get You More Money appeared first on Diamond Jewelry Buyers Denver.

]]>
All You Need to Know About Different Diamond Shapes https://diamondjewelrybuyersdenver.com/all-you-need-to-know-about-different-diamond-shapes/ Wed, 06 Dec 2023 04:59:56 +0000 https://diamondjewelrybuyersdenver.com/?p=202 The post All You Need to Know About Different Diamond Shapes appeared first on Diamond Jewelry Buyers Denver.

]]>
diamond shapes

All You Need to Know About Different Diamond Shapes

Diamonds are one of the most popular choices for engagement and wedding rings. In this blog post, we’ll take a closer look at some of the most popular diamond shapes and provide information on their unique characteristics, history, and value.

1. Round Cut Diamonds
The round cut diamond is the most popular shape out there, accounting for over 75% of all diamond sales. The shape offers exceptional brilliance and fire and is highly sought after for its versatility and timeless appeal. It was developed in the mid-20th century as a way to maximize the diamond’s light return and is often considered the standard for cut quality due to its popularity.

2. Princess Cut Diamonds
The princess cut diamond is a relatively new shape, developed in the 1980s. It is a square shape with pointed corners and has become increasingly popular in recent years due to its modern and edgy aesthetic. Princess cut diamonds are typically cheaper than round diamonds and offer a unique and eye-catching appearance.

3. Oval Cut Diamonds
Oval diamonds have gained popularity recently and are known for their elongated shape, which makes the finger appear longer and slimmer. These diamonds have an excellent brilliance and fire, as it has the same faceting style as the round cut diamond. Oval cut diamonds are also popular for their face-up size, as they appear larger than round diamonds of the same carat weight.

4. Emerald Cut Diamonds
Emerald cut diamonds have a rectangular shape and are known for their long, clean lines. These diamonds are often known for their classic and understated look, which has been popular for generations. One of the unique aspects of this shape is that it also highlights the clarity of the diamond, making it an excellent choice for those looking to prioritize a high clarity grade.

5. Cushion Cut Diamonds
Cushion cut diamonds are one of the most popular diamond shapes, known for their slightly rounded corners, offering a softer, more romantic look compared to the modern geometric shapes like princess and emerald. The cushion cut is a precursor to the modern round cut diamond, with many of the same faceting patterns.

 

The post All You Need to Know About Different Diamond Shapes appeared first on Diamond Jewelry Buyers Denver.

]]>
How Much Is My Engagement Ring Worth? A Comprehensive Guide https://diamondjewelrybuyersdenver.com/how-much-is-my-engagement-ring-worth-a-comprehensive-guide/ Thu, 24 Aug 2023 22:59:11 +0000 https://diamondjewelrybuyersdenver.com/?p=189 The post How Much Is My Engagement Ring Worth? A Comprehensive Guide appeared first on Diamond Jewelry Buyers Denver.

]]>
Engagement Ring Worth

How Much Is My Engagement Ring Worth? A Comprehensive Guide

Engagement rings may be the symbol of love and commitment, but they also often hold high monetary value. This leaves many people wondering just how much their engagement ring is worth. This guide is here to help answer that question and provide a comprehensive understanding of how engagement ring value is determined.

The Four C’s: When it comes to engagement ring value, the four C’s have a significant impact. These four factors refer to carat weight, cut, color, and clarity. Carat weight is the size of the diamond and is often the most significant factor in pricing. Cut refers to the diamond’s shape and proportions, with round cut diamonds traditionally being the most expensive. Color refers to the diamond’s colorlessness, with less color being more valuable. Finally, clarity refers to the number and size of inclusions, with fewer being more valuable.

The Setting: Another thing that impacts an engagement ring’s value is the setting. The setting refers to the metal and design that holds the diamond. Precious metals like platinum and gold are more valuable than alternative metals like silver. Intricate designs and attention to detail can also increase the ring’s worth.

Brand: The brand of the engagement ring can also be a factor in determining its value. Designer brands like Tiffany and Co. and Cartier are known for being higher-end and often have a higher resale value. However, keep in mind that sometimes the brand itself is not the only thing that determines value.

Market Demand: Similar to any other good, engagement ring value is also determined by market demand. If there is a high demand for a particular style or shape of diamond, it may be worth more than a diamond with a less popular style. It’s important to do research and have an understanding of what’s popular in the market to help determine your ring’s value.

Certification: Lastly, certification can impact the value of an engagement ring. The Gemological Institute of America (GIA) is a widely recognized certification lab that grades diamonds based on the four C’s mentioned earlier. The GIA certificate provides assurance to potential buyers that the diamond has been analyzed and is of high quality and worth. Without certification, an engagement ring’s value can decrease.

Conclusion:

In conclusion, determining how much your engagement ring is worth can depend on various factors, such as the four C’s, the setting, brand, market demand, and certification. It’s essential to keep in mind that your engagement ring value can be a complex and fluctuating topic, and the best way to determine the worth of your ring is to receive an appraisal from a reputable jeweler. Whether you’re selling or buying an engagement ring, having a comprehensive understanding of how rings are priced can help guide you in making an informed decision.

The post How Much Is My Engagement Ring Worth? A Comprehensive Guide appeared first on Diamond Jewelry Buyers Denver.

]]>
Sapphire Color And Treatment: A Brief Value Guide https://diamondjewelrybuyersdenver.com/sapphire-color-value/ Mon, 01 May 2023 02:52:28 +0000 https://diamondjewelrybuyersdenver.com/?p=176 The post Sapphire Color And Treatment: A Brief Value Guide appeared first on Diamond Jewelry Buyers Denver.

]]>
sapphire ring

Sapphire Color And Treatment: A Brief Value Guide

When it comes to gemstone jewelry, sapphires have been one of the most popular choices for centuries. From their elegant blue and purple hues to the exquisite sparkle they provide when they catch the light, there’s no denying why this gemstone has become so beloved by everyone from royalty to jewelry enthusiasts alike. The value of a sapphire is determined by its size, weight, and color treatments as well as clarity. In this post we’ll break down these three categories that affect a sapphire’s value – color, treatments, and clarity – so that you can be informed about how much your piece could potentially be worth if you decide to put it on the market. Read on for a brief guide explaining each factor!

Sapphire: A Brief Overview

Sapphire is a stunning gemstone that has been sought after for centuries due to its mesmerizing blue color. This precious stone has been used in various forms of jewelry and has even graced the crowns of royalty.

Sapphire Color and Value

Sapphire is a stunning and highly coveted gemstone that comes in a variety of shades, but the most highly valued and sought-after is the deep blue sapphire. The intensity and clarity of the blue color play a significant role in determining the value and rarity of a sapphire. This exquisite gemstone has been used for centuries in jewelry, from crown jewels to engagement rings, and it continues to captivate and enchant those who appreciate its beauty. Whether you are a lover of all things blue or simply appreciate the rarity and allure of gemstones, a sapphire is sure to catch your eye and leave a lasting impression.

a. Blue Sapphires

The color of a blue sapphire can range from light blue to a deep velvety blue, and can even have hints of purple or green. This versatility, along with their durability and rarity, makes blue sapphires a popular choice for engagement rings, necklaces, and other jewelry. Once considered the exclusive domain of royalty and the wealthy, blue sapphires are now accessible to a wider audience, allowing anyone to own a piece of this timeless and elegant gemstone.

b. Pink Sapphires

Pink sapphires are a gemstone that evokes feelings of luxury and elegance. Known for their beautiful pink hue, pink sapphires are a favorite among people who want to add a touch of sophistication to their jewelry collection. These gemstones are a variety of the mineral corundum, which is also known as ruby. However, unlike its red cousin, pink sapphires have a unique blend of color and clarity that make them stand out from other gemstones. Whether used as an accent in a piece of jewelry or as the main attraction, pink sapphires are a beautiful and timeless addition to any collection.

c. Other Colors of Sapphires

When most people think of sapphires, they might imagine a classic blue jewel. However, sapphires come in a variety of colors and each shade has its unique beauty. From soft pinks to deep greens.

Some sapphires even come in more unusual colors like black or yellow. Whether you prefer a more traditional look or want to make a statement with a bold, colorful piece, sapphires come in a rainbow of options that will be sure to catch your eye.

Treatment of Sapphires and its Effects on Value

Many people may not be aware that most sapphires on the market have undergone some form of treatment to enhance their color or clarity. While treatments can improve the appearance of a sapphire, they can also have a significant impact on its value. In general, the more invasive the treatment, the greater the reduction in value. Buyers should always be aware of a sapphire’s treatment history, as this can affect both the stone’s appearance and its worth.

How to Identify Natural vs Synthetic Sapphires

Sapphires have been admired for their beauty and durability for centuries. However, not all sapphires are created equal. Some are mined naturally, while others are created synthetically. It’s important to know how to identify the difference. Natural sapphires will have slight imperfections and irregularities, whereas synthetic sapphires will have a much more flawless appearance. Additionally, natural sapphires tend to have a deeper shade of blue, while synthetic sapphires may have a slightly more vivid hue. If you’re looking to sell your sapphire ring, it’s essential to know what you have..

Care Tips for your Sapphire Jewelry Collection

Sapphire is a precious gemstone that sparkles with beauty and elegance. Whether it’s your engagement ring or a stunning necklace, your sapphire jewelry collection requires special care to keep them looking as good as new. Cleaning your sapphires with a soft cloth and warm water is essential to maintain their luster. Bright light can fade the color of sapphires, so it’s highly recommended to avoid exposure to direct sunlight or other bright sources of light. Another important tip is to remove your sapphire jewelry before taking a shower or swimming to protect them from scratches or damage. With these care tips in mind, you can ensure that your precious sapphire jewelry will last for generations to come.

Three Ways to Wear Your Sapphire Jewelry

Sapphire jewelry has been admired for its stunning beauty and elegance for centuries. With its rich blue color and durability, it is no wonder why it is a sought-after gemstone. But many people may be unsure of how to style their sapphire jewelry. Fear not! There are many ways to show off your sapphire treasures. Consider pairing a sapphire necklace with a simple white t-shirt for a pop of color, or wear a sapphire ring with an elegant gown for a formal soirée. For a casual look, try layering sapphire bracelets with other pieces of jewelry for a bohemian vibe. Embrace your sapphire pieces and experiment with different ways to wear them – you might be surprised at the endless possibilities!

In conclusion, sapphires are timeless gemstones that can be easily styled to bring beauty into our lives. They can come in shades from deep navy blue to delicate pastel pink, making them suitable for generations. While it is easy to find synthetic sapphires, reputable jewelry stores offer only naturally-mined stones. Although sapphires are very durable, their special qualities make it necessary to take care of them properly with occasional cleaning and proper storage.

To sell your sapphire jewelry contact us today!

The post Sapphire Color And Treatment: A Brief Value Guide appeared first on Diamond Jewelry Buyers Denver.

]]>
History Of Jewelry And The Difference Between Antique And Vintage Jewelry https://diamondjewelrybuyersdenver.com/history-of-jewelry-and-the-difference-between-antique-and-vintage-jewelry/ Wed, 29 Mar 2023 02:30:17 +0000 https://diamondjewelrybuyersdenver.com/?p=169 The post History Of Jewelry And The Difference Between Antique And Vintage Jewelry appeared first on Diamond Jewelry Buyers Denver.

]]>
Antique ring

History Of Jewelry And The Difference Between Antique And Vintage Jewelry

Only a few things are as fascinating to us as antiques and vintage fine jewelry. Each piece has a unique story to tell – of who wore it, when and where they bought it or inherited it, or who created the piece originally. From timeless heirlooms passed down through generations to rare finds in antique shops across the globe, each item rests within its little corner of history. While understanding this history can be daunting for novice collectors – what exactly is the difference between ‘antique’ and ‘vintage’? What makes something truly special? We will explore the intricate backstory surrounding jewelry throughout historical eras so that you may gain an insight into their true value – distinguishing traits and style preferences of yesteryear with those from modern-day society.

Introducing Antique and Vintage Jewelry – a brief history

Many of us may find ourselves drawn to the charm and mystique of antique and vintage jewelry. Whether it be the intricate carvings of fine cameos or the mesmerizing beauty of an art deco diamond brooch, pieces of such historical value have transcended through time and culture, remaining an ever-lasting tradition. Hundreds of years ago, wealthy kings, queens, and other noble members of courts proudly adorned themselves in beautiful pieces that signified their power. Later in history, many jewelers began to combine traditional elements with artistic and creative flair, resulting in a variety of iconic styles that have captured people’s hearts to this day. So if you’re looking for something extra special to spruce up your wardrobe, take a stroll in the past through antique and vintage jewelry – you never know what surprises you’ll find.

Defining Antique Jewelry – what makes it unique

When it comes to antique jewelry, there is something about it that stands out from the rest. From accessories of past eras to heavily detailed pieces that have been passed down through generations, antique jewelry brings with it a sense of classic sophistication and charm that no other type can quite replicate. While vintage jewelry combines classic design with a more modern trend, it encompasses true authenticity; crafted by master artisans who used traditional techniques and forged connections between the cultures of old. Whether through intricate engravings or intricate stone settings, each piece is part of its own unique story – setting itself apart from otherwise modernized designs and contemporary trends.

The Value of Antique Jewelry – why it’s so valuable

Antique jewelry is so valuable because each piece is a reflection of the past. It’s had a long life and each piece tells its own story – an amazing account that has woven itself deep into the piece over time. Through construction, design, and material choice, when you own antique jewelry you can gain a glimpse into a previous era; often this can bring about feelings of nostalgia and comfort. As more time passes since the creation of these pieces, people have given more appreciation to them, increasing their value. Furthermore, by owning them not only are we getting a wonderful piece that speaks to history but also adding something lasting for our modern ages and passing down a part of history for generations to come.

Defining Vintage Jewelry – what makes it stand out from antiques

Vintage jewelry is a unique and special item that has its distinction from antique jewelry. It is generally considered to be made from the 1920s to the 1980s, but the exact timeline can vary. The most interesting feature of vintage jewelry is the combination of old-fashioned charm with modern design aesthetics. Its materials often include silver, gold, and precious stones, but you can also find pieces using new materials such as art deco accents and plenty of colors. That makes it perfect for those who want something that stands out with a classic yet on-trend look. With its ability to span generations and bring together many different styles, vintage jewelry truly stands apart as an incredible fashion statement without sacrificing timelessness.

How to Tell the Difference between Antique and Vintage Jewelry

The simplest way to tell the difference between antique and vintage jewelry is to pay attention to the period during which they were made. Antique jewelry was produced before 1900, while vintage items were created between approx. 1920 – 1980. Of course, there are other factors to consider like the quality and wear of materials such as gold or silver used in the pieces.

It is clear antique and vintage jewelry hold a special place in modern fashion. They are substantiated with meaning and history, take greater effort for research and selection, provide excellent value for money, and can be crafted to suit the needs of any person looking to make a statement of elegance and class. The subtle differences between antique and vintage jewelry can be difficult to understand at first glance; but with careful consideration of the age, quality materials used, and condition, you can determine which one will be best for your collection – whether it’s an antique or vintage piece that finally catches your eye.

The post History Of Jewelry And The Difference Between Antique And Vintage Jewelry appeared first on Diamond Jewelry Buyers Denver.

]]>
Selling Lab Grown VS. Natural Diamonds https://diamondjewelrybuyersdenver.com/selling-lab-vs-natural/ Thu, 16 Mar 2023 00:31:30 +0000 https://diamondjewelrybuyersdenver.com/?p=157 The post Selling Lab Grown VS. Natural Diamonds appeared first on Diamond Jewelry Buyers Denver.

]]>
selling lab grown diamond ring

selling Lab grown vs. natural diamonds

Before Selling Your Diamond Ring, Here Are The Differences Between Lab-Grown And Natural Diamonds

Are you looking to sell an old diamond ring? Before moving ahead with the sale, it might be worth taking some time to understand what you have and that all diamonds aren’t created equal. That’s why this post will provide you with all the latest information about natural diamonds, as well as lab-grown diamonds — so that when it comes time to part with yours, you can make sure you are getting the most for your money! From differences in quality to important points of origin, here’s everything you need to know before selling your diamond ring.

The Differences Between Lab-Grown And Natural Diamonds When Trying To Sell Them

When it comes to selling diamonds, it’s important to understand the difference between lab-grown diamonds and natural diamonds. Lab-grown diamonds are made in a professional environment using modern technology, which can be used to replicate even the smallest details of a natural diamond. These lab-created stones usually have fewer inclusions, making them appear more brilliant than their counterparts; however, they tend to cost a lot less due to different factors. By contrast, a natural diamond is mined out of the Earth’s crust, so no two are ever exactly alike – each one will have its own unique set of characteristics and flaws. The rarity of each stone makes them pricier compared to their lab-grown counterpart. At the end of the day, your knowledge on the differences between these two types of stones can go a long way when trying to sell your diamond!

Overview Of Why Lab-Grown Diamonds Don’t Have Resale Value

Lab-grown diamonds are truly stunning and often cheaper than their natural counterparts, but it’s important to understand that lab-grown diamonds don’t have the same resale value as mined diamonds. While they do have some control of the environment they are created in and therefore have a much more consistent grade across stones, labs can’t replicate the billion of years’ worth of development that occurs in the Earth’s mantle that gives natural diamonds their distinct luminescence. So while lab-grown diamonds may make beautiful engagement rings, they won’t hold their value like a naturally occurring diamond if you ever plan to resell them down the line.

Another reason is that lab-grown diamonds are mass-produced and the supply keeps growing.

Benefits Of Having A Natural Diamond For A Long-Term Resell Value

A natural diamond is a truly special thing that can be enjoyed for many years – or even generations! Not only do diamonds offer the ultimate in beauty and elegance, but they are also known to hold their value over time. Natural diamonds are considered rare, which means that as demand increases, so does their resale value. If you want to gain a better understanding of the distinction between lab-grown diamonds and natural diamonds when it comes to reselling values, consider purchasing a genuine gemstone, which will hold its value over time.

Conclusion

When selling a diamond, whether it is a lab-grown or natural, come to Diamond Jewelry Buyers Denver to get the most for it.

The post Selling Lab Grown VS. Natural Diamonds appeared first on Diamond Jewelry Buyers Denver.

]]>
What is My Engagement Ring or Diamond Ring Worth?  https://diamondjewelrybuyersdenver.com/engagement-ring-worth/ Tue, 07 Mar 2023 03:21:37 +0000 https://diamondjewelrybuyersdenver.com/?p=141 The post What is My Engagement Ring or Diamond Ring Worth?  appeared first on Diamond Jewelry Buyers Denver.

]]>
Antique Diamond Ring

What is My Engagement Ring or Diamond Ring Worth?

Do you have an engagement ring or diamond ring lying around that is no longer meaningful to you. Maybe you’ve moved on from a past serious relationship or simply have a hand me down that you’ve inherited from a family member. Whatever the reason, you may be wondering exactly what your ring is worth. As the premier diamond buyers in Denver, we know a little something about this issue and are happy to help answer this question. 

Is My Engagement Ring Worth What I Paid for It?

You may think the answer to how much an engagement or diamond ring is worth is quite simple. After all, isn’t the ring simply worth the amount that you paid for it? It is understandable to think this as it would seem to make sense; however, this is not the case. 

The reason why selling an engagement ring in Denver will not net you as much as you paid for it is that diamond retailers markup their products. This is done in order to cover their operating costs, overhead, and to yield a profit. The markup for diamond rings is typically between 100% and 200%. 

Because of this, selling your diamond ring in Denver will typically yield a price ranging from 25% to 50% of its original retail price. Much like cars, diamond rings depreciate in value the moment you leave the store. However, estimating how much you will receive when selling your engagement ring in Denver can depend on a number of factors. 

What Affects the Price of My Engagement Ring or Diamond Ring?

There are many different factors that can affect how much you will get when you sell a diamond ring in Denver. In fact, there are many things that you may even have trouble assessing unless you are trained in how to assess jewelry. However, there are a few major factors that you will be able to assess yourself. Let’s take a look at these. 

Gold or Platinum

One factor that will determine how much you receive when selling diamond rings in Denver is whether your ring is made out of gold or platinum. These precious metals tend to have different prices with platinum being more valuable than gold. There are a few reasons for this. 

First, platinum is simply a rarer metal. This means it is typically more valuable by nature. However, there are other things at play too. Second, a platinum ring typically requires more platinum than a gold ring requires gold. This also serves to increase the value of platinum rings compared to gold ones. 

Purity of Metal

Another important consideration is the purity of metal. This specifically can have a big difference in terms of the value you get when selling a gold diamond ring in Denver. The proportion of gold in a ring is measured in something called carats. 24 carat gold is essentially pure gold while 18 carat gold has 75 percent gold and 25 percent other metals. 14 carat gold would have about 58% gold while 10 carat gold would have around 42%. Obviously, rings with higher amounts of gold would have more value. 

The amount of platinum in rings is much more consistent than the amount of gold. Platinum rings are typically between 85 percent and 95 percent platinum. Thus, the variation is much less than that of gold rings. However, the purity of platinum can still make a difference in the price with more platinum leading to higher prices when selling your engagement ring in Denver. 

Size of Center Diamond

Another major component in determining how much you will earn when selling a ring to jewelry buyers in Denver is the size of the center diamond. You can obviously expect that a larger diamond would result in more value, and you would be correct. Specifically, a center diamond greater than half of a carat will typically yield a lot more than one less than that. 

Of course, there are also a number of other factors that affect the value you will get for your diamond engagement ring. This includes the other three C’s – cut, clarity, and color. Clarity and color are difficult to assess without proper training. However, cut refers to the shape, and some aspects of this can be assessed at home. Specifically, a round diamond typically holds the most value when comparing it to other types of shapes with similar clarity, color, and carat. This is due to round stones being high in demand, reflecting light better, and typically having more precise cuts. 

Certification Status

Another major thing that will affect the price you get when selling your diamond ring in Denver is the certification status of the diamond. Diamonds that have been certified have undergone a thorough quality analysis at a gemological laboratory. Laboratories like these are typically either the American Gem Society Laboratories or Gemological Institute of America. These diamonds will have a formal lab report by an objective assessor not involved in the transaction. 

Diamonds that have a certificate typically will yield a higher value than those that are not certified. It is important to not the this certification must be specifically from an independent grading lab and this is not very common. A “certificate” issued by the seller or an appraisal by an insurance company or other entity is not the same as a diamond being considered certified. 

Looking for a Diamond Jewelry Buyer in Denver? 

If you are looking to sell an engagement ring, diamond ring, or other jewelry in the Denver area, we are more than happy to work with you. Just stop by our shop at your convenience. Our professional staff will take a look at your jewelry and provide you with a no risk offer at no cost to you. Of course, we are always happy to answer any questions you have as well. We hope to see you soon!

The post What is My Engagement Ring or Diamond Ring Worth?  appeared first on Diamond Jewelry Buyers Denver.

]]>