Whether it is a gift to yourself, a relative, spouse, or friend, the items made with diamond will always be needed, and this is a good way of making money if you have diamonds for people to buy. There are many people doing this business online, but not everybody makes money because there are many things they fail to consider when listing their diamonds online, leading to the general belief that selling online is a waste of time and money.
How to Sell Your Diamonds Online to Make Spare Cash
Selling diamonds for cash is possible if some of the things mentioned below are done. Those who do them are now making some thousands of dollars online every month, and the cash is growing, as they are being recommended to other potential buyers.
The cut should be considered if you want to sell diamonds online. The cut is the shape the proportions of the diamond you want to sell. Diamonds may be cut in oval, round, marquise, emerald, pear shape or some other uncommon shapes. The one that has the highest demand is the round brilliant cut, and any significant deviation from the proper proportion will affect the brilliance of your diamond, and hence its price.
The color of your diamonds goes a long way in affecting the amount of money you make when selling online. The color grades for diamonds are a scale of colorless, or “D” to dark yellow, or “Z”. Though diamonds can have any color, the most valuable and high-demand ones are those with “white” or colorless features.
The 100 “points” are also used in measuring the weight, and by comparison, a carat is 1/142 of an ounce, or 1/5th of one gram, and given that all other features are present, the diamonds which are larger are usually more valuable. Using the metric carat system, diamonds are weighed with exact precision, and from experience, larger stones are high in demand.
The convenience given to your potential customers is another way of making money when selling diamonds online. You should give a free, non binding quote to anybody who requests it, as that encourages potential customers to buy from you. In addition, that makes them to trust you, making you to stand out among hundreds of other sellers.
Safety should be considered if you want to sell diamonds online and make money. This is why there are reputable companies willing to buy your diamonds through their websites. You only need to fill a form, and somebody will contact you to know how the deal will be finalized. Doing this gives you more security than posting an add on craigslist or ebay. Most sellers use these companies, and there are good reviews about them.
Those are some tips for you if you want to sell diamonds online even for a living. It is good to look for buyers willing to give broad and realistic offers. If the offer given to you is too specific, it may be one which is not very realistic. Another thing you should do is to make your diamonds GIA-certified, as that encourages buyers to offer good prices.