When it comes to estate sales, there are a great number of items that you may never have considered, diamonds may be one of them. These rare gems often don’t go for what they’re worth, so knowing how to evaluate them at an estate sale is important. In this post, we’ll look at what makes diamonds found at estate sales special and how you can tell if they’re real investments or just a fake gemstone.
Looking for rare, valuable diamonds at estate sales may not be high on your list of to-dos.
But before you start to think about estate sales to find diamonds, think about estate sales themselves. Are they really the first place you would go if you wanted to find a rare and valuable gemstone?
You probably don’t consider diamonds when planning your day at the local yard sale or flea market—you’re more likely thinking about old records or maybe some vintage clothing. That’s why it’s important to understand what to consider when looking for diamonds at an estate sale.
Remember these three things before buying any type of valuable object from an estate sale vendor:
1) Check out as many reviews as possible
2) Look at their return policy
3) Make sure they have been around long enough (at least five years).
Estimating a diamond’s value can be a challenge because many factors contribute to its worth.
Here are the most important things to consider when estimating a diamond’s value:
- The cut, clarity and color of the diamond
- The size (carat weight) of the diamond
- Clarity of the stone
- Color of the stone (if it’s not white, you may have to pay more for it)
The diamond market is huge and has a long and complicated history.
- Because of their high value, diamonds can be used as an investment vehicle.
- The diamond industry has a lot of infrastructure and is very competitive.
- Diamonds can be passed down to generations, making them an excellent inheritance asset, because they appreciate in value over time.
Diamonds are an excellent way to add rare and beautiful gems to your collection. However, before you purchase them, you should consider the value of each diamond in your collection. The price guide is a helpful tool that can help you determine the overall worth of a particular estate sale diamond.
The price guide consists of five factors:
- Price Guide = Quality + Rarity + Condition + Appearance + Appreciation (Overall Worth)
The quality and rarity of a particular diamond are determined by how sought after its cut is, as well as its color grade, clarity grade, carat weight and polish/symmetry grade (here is more information about these factors). For example: A pedigree round brilliant cut diamond with a color grade of D would have an estimated price range between $50000-$75000 USD! In contrast, a yellow gold ring with diamonds set into it could be worth anywhere from $1000-$6000 USD depending on its condition or appearance (if it has scratches or other defects), age (if it’s been around for decades) and appreciation (how much demand there will be for similar items in future years).
Knowing what to look for and how to evaluate diamonds at estate sales can help you find rare gems that are real investments.
- Diamonds are a good investment because of their rarity. A diamond is one of the rarest gems on earth, with only 1 in 10 carbon atoms being able to form diamonds. As such, there are only two or three diamonds in every 100 carats mined—and those that do appear are often cut down into smaller pieces for resale as jewelry.
- Diamonds are a good investment because of their value. The value of a diamond depends largely on its color and clarity, both of which can be assessed by examining the stone under magnification at an estate sale or jewelry store. If you invest in a diamond and it becomes too small for your taste or loses its sparkle over time (due to wear), you may want to sell it again later down the road when it has been reset into another piece of jewelry so that you can recoup some or all of your original money spent on it!
- Diamonds are made up entirely out from carbon atoms which makes them incredibly durable compared against other gemstones like rubies which can easily break apart over time due to their softer composition after being exposed.
Before you buy diamonds, you need to know what you’re looking for. You also need to know what the market price is, so that you can make sure that the price of your diamond is reasonable. The same goes when selling diamonds at an estate sale: before making a sale, be sure that your customers are getting fair value for their money.
If you are looking to work with diamonds at an estate sale, it’s important you know what you’re doing. Contact us for all of your estate sale needs, we’re here to help! Buying or selling diamonds requires a certain level of expertise, so as always, proceed carefully.
If you are looking for help in running an Estate Sale feel free to contact us. We’d love to help!