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Collection of Jewelry in Utah

3 Things to Remember When You Sell Diamonds and Gold For Cash

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Collection of Jewelry in UtahSelling jewelry may not be the best feeling in the world — after all, diamonds are supposed to be a girl’s best friend — but sometimes, knowing where to part with one of your rings may turn out for the better. You never know when you may come across an even better ring.

Here are some tips to know when you’re planning to sell your jewelry.

Know the carats or karats

As in any jewelry, whether measuring gold or inspecting diamonds, it pays to know the carats and the karats of your jewelry, according to ABC News. A carat is basically the weight of the diamond equal to 200 milligrams. A karat is in reference to measuring the purity of gold. When you get into the market, it is necessary to know just how much your jewelry may be worth in reference to other similarly weighted jewelry.

Know the demand and your jewelry’s condition beforehand

Perhaps two most important things that you should factor in when finding a jeweler in Salt Lake City to sell your diamonds to would be the condition of your piece and the market demand.

Jewelry will always be in some form of demand, but there are some styles that will never grow old, while others may not re-sell as easily. A good tip for buying diamonds is to always opt for one that has a classic look. Somewhere along the line, jewelry can be sold, and this is where your choice in style will come into play.

A more important factor is the condition of the jewelry, MyGemologist reported. No matter how big of a value the original jewelry was, if the condition already looks very worn out, it will impact the overall value. The best thing to do in this situation would be to clean it before letting a professional jeweler examine it.

Know a good jeweler

Diamond owners have a wide array of options to choose from when it comes to selling their diamonds. When looking for a jeweler in Salt Lake City or a general buyer of diamonds, it’s best to know what’s out there before you dive in, Forbes reported

The safest choice is always a jeweler because it results in a quick and relatively safe transaction. The only thing you need to decide on is how much you can trust that jeweler.

The next time you plan to sell your jewelry, take note of these three things. That way, you’ll get more for your bling.

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