Diamond Ring Appraisal Vs Resale Value

In other words the appraisal doesn t represent the true value of the diamond ring.

Diamond ring appraisal vs resale value.

An appraisal of a diamond is like any other appraisal done on a piece that carries value and may be covered under ones insurance. All diamonds from the center stone of an engagement ring to a pair of diamond earrings have resale value. Appraisal values by neil beaty gg icga posted in. We re breaking down the difference between your diamond s appraised value vs.

For example this halo diamond ring sold for 4 582. It would likely be appraised at double the price at 9 164. Figure out the retail market value of your diamond. Resale value so you can sell with confidence.

Understanding the different diamond valuations will help you make the right decisions when selling your diamond. Understanding the real value. The best way to figure out the value of your diamond is to compare it to other gems with the same characteristics. Appraisals diamonds uncategorized 0 one of the most common questions i get as an appraiser is why resale values meaning the prices people can get for their jewelry are so different from the values seen on appraisal reports.

However the resale value of a diamond is almost always significantly less than the amount you or your fiancé paid to purchase the diamond when it was new.