Times are tough and the economy is in shambles depending on which day you ask and who you are speaking to. It seems to be that there are some homeless guys that are understanding the situation better than the humble and laid back folks that are struggling to find a job in this rough economic situation.
One thing is for certain though and that is gold and diamond prices are at all time highs. If Mark Haines was still around you would be hearing him ramble about it on squawk on the street and the morning call without Erin Burnett. You must understand that this blog is dedicated and named after a nickname that he designated to Ron Insana so I must reference him every chance that I may.
None the less with all the turbulence in the markets and people not wanting to part with their gold since they have held onto it this long it’s an excellent time to avoid the pawn shops and jewelry stores and look into a chance to sell diamonds to reputable GIA diamond specialists who can offer clients the most amount of loot for their old items.
If that isn’t suitable than of course you can always look around and get a free diamond price quote before you take it and shop it around because you must also understand the appraisal process and how it works. Certainly there are a ton of non PH.D. level people in the world who certainly cannot understand that there are serious implications in not valuing your jewels based on what the insurance company wants their value to be pegged at.
If there are any other questions to be had about how to value and appraise a gemstone whether it is round, brilliant, princess, or center cut than please do not hesitate to contact an expert who can help you in your current needs and situation. Finally in closing it is a responsible asset sale to sell not when you have to but when you want to.
Update if you are in the New York City area there are some fabulous places off of 5th avenue and 47th street that you can sell your rings and such at. If you are looking to sell diamonds nyc or for more broad based searches in the tri-state area you can always sell diamonds New York thanks to the gem and jewelry king of New York Fred Kaplan.
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