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Tips That Will Help You To Determine The Resale Value Of A Diamond

Investing in diamonds is one of the most popular ways of increasing your wealth these days.

As per the opinions of experts associated with www.argylediamondinvestments.com.au one of the leading companies in Australia, providing diamond investment solutions, investors are moving away from traditional investment mediums. They are now putting their hard-earned money on investment-grade diamonds for a plethora of reasons such as:

       Stability in price
       The ability of the diamond industry to remain unaffected by changes in the global financial market and many more.
With that being said, if you are a diamond investor yourself, you would need to determine the exact resale value of your investment-grade diamond before selling. And to do that, you would need to follow some tips such as the ones mentioned below:
Carat weight plays an important part

Determining the resale value of an investment-grade diamond is only possible when you are familiar with the four Cs of the same. Among the four Cs, the term carat weight plays a vital role. In simple words, the heavier your investment-grade diamond is the more you can ask for from a buyer interested in your piece.

Resale value is independent on the retail price of a diamond

If you are thinking that since the retail price of your investment-grade diamond is high, you will be making a lot of money when you are reselling it – well; you couldn’t be farther from the truth! In order to figure out the resale value of your piece on your own, you would need to multiply the marked price of investment-grade diamonds similar to your own piece by up to 20 or 40 per cent. This will leave you with a rough estimate about the sum a buyer would pay for your piece.

The resale value will depend on the condition of the piece

This is obvious – sure diamond is the hardest material on Earth but if the same is subjected to abuse over several years, it is bound to lose its aesthetic values to some degree. A buyer will never pay you more for your piece if the same is not in its prime condition. And why would they? When they can get a better piece from a broker/jeweller/diamond investment solution provider? Isn’t it!? Summing it up – take good care of your diamond piece if you want to resell it at a high price.

If you are looking for cash, you will get a lower price
Are you planning to sell your investment-grade diamond for a hefty sum and asking the buyer for cash!? Well, this will come as a shock but in such a scenario, you will be getting lower resale value for your piece. The tables can turn if you are taking your stone to a diamond investment solution provider and asking for another piece in return. You can also get in touch with experts working in companies that provide diamond investment solutions in order to determine the exact resale value of your piece.
Keep in mind that when you have finally made up your mind to let go of your certified diamond investment, it is best that you get in touch with certified brokers or jewellers. Be sure to conduct thorough research before letting go of your diamond investments to keep yourself from getting duped. If you are confused and can’t make up your mind, you can always seek the advice of experts associated with companies offering diamond investment solutions.

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