Sell Diamonds in London
Want to sell your diamonds or scrap diamonds? Use our selling diamond price guide and estimate the value of your diamond. The selling diamond price guide is based on the RapNet price and up-to 5% – 30% can be reduced to the estimated value based on certification and the quality of the diamond. This would be the standard procedure when you are selling diamonds. This is because Trades can buy with up-to 25% Discount from Wholesale suppliers.
Sell 1 Carat Diamond
Sell GIA Dimond
Sell AGS Dimond
Diamond Price Selling Guide
The above price is based on accurate sizing and indication. The prices are based on G.I.A Certified stones. Prices may vary depending on the cut, polish and fluorescence level which will affect the quality of the diamond. Sell Diamonds in Hatton Garden
We Pay High Prices when you Sell Diamonds in London
Your diamond jewellery can be of sentimental value to you. We at London Gold Centre will give you an accurate selling price guide. If you are selling a diamond ring, pendant or single diamond will provide you with a precise estimation when you sell diamonds with LGH. Many factors determine the price you get. These include the certification, shape, carat, colour, and clarity of the diamond you want to sell.
Why Sell Your Diamonds to London Gold Centre?
We have a gemologist who can value your precious stones using the best equipment and techniques on the spot. Partnered with certification companies, we give you an accurate value when you sell diamonds. RapNet pricing determines our diamond price guide.
Selling your diamonds in Hatton Garden:
Hatton Garden is a famous district in London for selling all types of metals, including jewellery and diamonds. Since the beginning of the 19th century companies and people have been exchanging metals and jewellery in Hatton Garden. A lot of big names in the jewellery business have started their business in this area of London. There’s a wide range of choices when it comes to buying or selling diamonds with more than hundreds of dealers. The history and expertise of this area make Hatton Garden the perfect place to either buy or sell diamonds.
1) Different factors to consider.
It’s a simple process when you sell diamonds; however, may factor determine the price when selling diamonds.
- First thing you need to do is identify the carat of the diamond you would like to sell.
- The colour and clarity of the diamond can have a significant impact on price.
- Diamond buyers also consider the type of diamond certification. Whether it is a G.I.A, I.G.I or other local certification will determine the value.
- Traders consider the cut and symmetry of the diamond while calculating the resale of diamonds. This information is in your certificate and depending on the certificate provider; the accuracy can vary tremendously.
- The presence of Florence in your diamond can also bring the price down, based on how strong the presence.
- Last but not lease as we all know the shape of the diamond determines the value as specific diamond shapes have a higher demand. When selling diamonds, round diamonds tend to be more desirable.
After identifying the right quality of your diamond, London Gold Centre follows the RapNet guidelines to value your diamond. Based on the specification mentioned above, there will be you will get paid 40% to 75% of the RapNet price.
2) Different types of diamonds
Diamond is the most precious stone in the world. Indeed, many have been fascinated with the beauty and uniqueness of diamonds. They are often expensive depending on the colour, clarity, size and shape. Diamonds are mined from different part of the world, including Russia, Australia, Africa and a few more.
There are different categories of diamonds. Just a reminder that not every diamond is natural. Indeed, natural diamonds have a higher value than human-made diamonds. The white, transparent and inclusion-free diamonds are the most valuable. Treated diamonds to enhance colour and clarity have a lower value. Human-made diamonds called Masonite are used to keep the cost of manufacturing individual jewellery low; however, does not have much resale value.
Fancy-coloured diamond vary in colour, and their colour determines the price of these diamond, not all colour has a high value.
3) What are carat, colour and clarity?
When you think of diamonds, you often think of carats. They represent the weight of the diamond. The carat of a diamond determines the price of any given diamond. To keep it simple 1g is equal to 5 carats in diamond weight
When it comes to identifying the clarity, a professional would have to use Technics and specific tools to identify the colour. The colour range from D to N, where D is the topmost white colour and N has a very yellow tint to it. Depending on the shade of yellow, a diamond is classified as Fancy Yellow or just a low-colour diamond. An untrained eye can not identify the colour of a diamond.
Often you use a microscope or a loupe to check the evidence of flaws and imperfections in the diamond. These imperfections are called inclusions.
The specific scale associated with the ranking system, which is provided by the GIA is as follows:
- IF: Internally Flawless
- VVS: Very Very Slightly Inclusion
- VS: Very Slight Inclusion
- SI: Slightly Included
- I: Included
Identifying most inclusions through a loop is difficult. In these cases, diamonds are more likely to be of higher clarity and hence, a higher value.
If you are hoping to sell a diamond or some diamond jewellery, there are some things you should be aware of which we will now mention.
Tips for Selling Diamonds
Here are some tips you should follow before selling diamonds:
- Provide A Certificate Of Authenticity
Whenever you sell your diamonds, the interested party will ask for a certificate of authentication to verify that your diamond is original. Therefore it is important to have a certificate from a gemological laboratory.
- Be Aware Of The Value Of Your Diamond
In other words, know what you have got. Every diamond has a unique characteristic which you should be aware of. You should also know about the weight and carats of your diamonds, so you know their exact value. That would make the decision of selling easier for you as it will help you recognise a good deal.
- Do Not Have Unrealistic Expectations
Know that the buying parties will most likely pay you less than the market value of your gem. The fact that they are re-sellers who want to make a profit by selling off your diamond again. It would help if you had realistic offers in mind, so you are not disappointed when you enter the market.
- Research The Available Options And Choose A Trustworthy Buyer
There will be plenty of options when it comes to finding buyers for your diamonds. The quickest and easiest buyers would be jewellery shops, pawnshops or companies who specialise in stones and precious metals. There are many of those so you should be aware of their reputation and make sure they are trustworthy. Another aspect can be the amount they pay and the ease of selling through them.
Sell Diamonds London
Sell Diamonds London
Sell Diamonds with London Gold Centre. Our Diamond selling price guide will give you an estimate for your diamonds. Our online diamond price calculator has up-to-date RapNet prices. It will provide you with a guideline on what price you can sell your second-hand diamond or diamond jewellery. Choose the diamond weight, colour and clarity to get a benchmark price.
After your items are appraised, you will be given an offer from the London Gold Centre. If you agree, the payment would be made immediately. If you take cash, you will be paid at the spot, and if you opt for a bank transfer, the amount will be transferred on the same day.
Yes, the first time you visit the London Gold Centre, you should bring all the items along that you want to sell. This will speed up the process as they would be immediately processed and sent for appraisal. When the evaluation is done, you can sell your jewellery the same day.
We buy many different precious metals but no gems other than diamonds. If you provide jewellery with diamonds and other stones, you can get paid for the diamonds or get them back. The other stones would be melted or crushed.
At the London Gold Centre, our customers come first, and we believe in the best quality service possible. We also provide the best rates in the market. Our selling process is remarkably swift and straightforward, which takes less than a day from appraisal to payment. We also have no hidden charges. Everything is upfront and transparent.