Do you own diamond jewellery? Are you thinking of selling it for cash? As trusted diamond buyers in Montreal, the team at Le Lion d’Or feels it’s important to educate the public on how to safely sell their valuables to avoid mistakes and pitfalls. This blog post will teach you about what goes into valuing and selling diamonds so you have a transparent and straightforward experience.
The importance of professional diamond valuation
The four critical factors that influence the value of diamonds, also called the “4 C’s”, are:
Carat (weight)
Colour (white, blue, pink, yellow, etc.)
Clarity (purity)
Cut (size)
The diamond's shape and inclusions (traces of crystallization) or imperfections can also affect its value. If you want to know the actual market value of your diamond bracelet or ring, working with a qualified professional is essential. Unlike inexperienced or unscrupulous individuals, expert appraisers have extensive experience and use specialized tools to assess your diamond’s value accurately.
Tips for increasing the value of your diamonds
If you want to get the most money for your diamonds, bring their certificate of authenticity and a record of their history. Additionally, it’s vital to have them professionally cleaned so they sparkle and shine like new. These steps will show the buyer that you’re serious about selling your diamonds and increase your chances of getting the best possible price.
Avenues for selling your diamonds and how to streamline the process
There are multiple ways to sell diamonds in Montreal, including through local jewellers, online platforms and specialized markets. However, it’s always a good idea to work with a reputable and trusted professional in Montreal to avoid unpleasant surprises. Le Lion d’Or, for example, has been a recognized and respected diamond appraiser and buyer since 2006.
The balance between "fast cash" and "fair transaction”
Serious diamond buyers will pay you as soon as you accept their offer. So, if you need cash fast, selling your diamonds to an experienced buyer makes the most sense. It’s best to only deal with qualified and transparent experts to avoid getting scammed.
At Lion d’Or, we pay you in cash on the spot. Please note that we’re interested in diamonds that are at least 0.50 carats. We also accept GIA-certified loose or mounted precious stones that weigh one carat or more from well-known brands such as Cartier, Van Cleef & Arpels, and Tiffany & Co. Contact us today or see us in-store.