subject: Selling Your Diamonds [print this page] A large majority of people love to have diamonds, but sometimes the love for your diamonds fades. Sometimes you realize that you just need to get rid of them, or you find that you have to get rid of them. What, then, do you do? If you're like many people, the first thing that you do is to go to a jewelry store. It makes sense, after all, because jewelry stores use diamonds in their designs, so, of course, they need to have diamonds in order to sell their jewelry. But is selling your diamonds to a jewelry store really in your best interest?
Selling To a Jewelry Store
Selling your diamonds to a jewelry store is much like selling an antique item that you own to a pawn shop. Because the pawn shop has to make money, they pay you a much lower amount for your antique item so that they can earn their profits. If you were to sell the same item at auction, you will likely earn a great deal more money for the very same antique. When you sell your diamonds to a jewelry store, the jeweler is then going to either resell the diamond to someone else, or is going to use the diamond in a design and will then charge much more for the piece that they created. Because they plan on marking up the prices on your diamond, they want to pay you as little as possible for it, so that they can earn the most profit.
Other Options
You do not, however, have to sell your diamonds to a jewelry store. Rhett Stein Diamond Buyers is in the business of purchasing diamonds from people for around 5% more than a jewelry store would pay. But how can they go about paying so much more for the same diamond? It is because Harold Rhett Stein is not purchasing the diamonds to resell, but as investments. And because Rhett Stein Diamond Buyers has such a low overhead, they're able to offer more for your diamonds than jewelers, adding up to more money in your wallet.
If you're thinking about selling your diamonds, seek out a business like Rhett Stein Diamond Buyers, which can offer you immediate cash payments without any hassle, and you'll not only have a much easier time of selling the diamond, but you'll also be able to earn more money for it as well.
