Whether your marriage just ended or a close family member recently passed away, you may have old diamond jewelry in your dresser drawer that could be a good source of extra cash. When you sell diamonds, you may be able to get a chunk of change that can be used for something more important to you. Today there are many online options for selling diamonds, and the following tips can help you get the most for your jewelry.

Know Your Value

You should know what type of diamonds you have and how much they are worth before you try to sell. Getting your jewelry appraised by a professional is a good way to get an idea of what you are working with. The ring you inherited from your grandmother may look valuable, but it may be worth less than you realized. On the other hand, your old wedding ring may have increased in value over the years and may be a big ticket item.

Set the Price

You may have unrealistic expectations about how much you will make from your diamond jewelry. It is important to set a price that is reasonable so that you are not disappointed and so that buyers are attracted to your piece. You may want to look at similar items online to get an idea of what they are selling for so that you can price your diamonds correctly.

Know Your Options

There are several different ways to sell diamonds online. Take some time to investigate all of your different options so that you can choose the one that is right for you. Depending on how quickly you want to sell, you may need to choose an option that does the marketing and negotiation on your behalf.

If you have diamond jewelry that you never wear, you could be sitting on some funds that could be used for other purposes. Don't let the opportunities pass you by. Look into your online selling options as soon as possible. For more information on selling diamonds, call (480) 949-9299 today to speak with the experts at Ralph Mueller and Associates.