Selling your diamonds is a great way to get a little extra cash when you need it. The trick to successfully sell diamonds Phoenix dealers desire is to know as much about your diamond as possible. Often, this means getting the proper documentation, learning about your diamond, and then searching for a few different dealers to get the best price.

 Get Documentation

Not every diamond is certified, so if your diamond has not yet been appraised or officially certified, then you might consider getting the documentation for it. When you get the proper documentation, dealers will know for sure what sort of diamond they are dealing with and may quote you a price more reflective of the diamond's actual value. Without documentation, the value of the diamond may be subjective, which means you could end up getting less than it is actually worth.

 Understand Your Diamond

Getting the documentation is all well and good, but it's important that you understand your diamond so you are better prepared to converse with a dealer. Diamond colors vary, and knowing how the color affects the value could help you to haggle your way to a more acceptable price. Understanding the diamond cut grade will also better help you to know the real value of your diamond and whether or not a dealer is downplaying its value.

Look for a Few Dealers

Don't settle for the first dealer you come across, go to a few dealers to get their quotes for your diamond. This gives you something to work with, since some dealers might be willing to pay more if they know you are considering selling somewhere else. Going to a few dealers also helps you to make sure you get the best price around.

When you are ready to sell diamonds Phoenix dealers are looking for, use the above tips to get the best deal around. When you're parting with such a precious stone, make sure you are getting a fair price.