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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