Conventional wisdom says that I should start this post out by talking about what you intend to do with your diamonds. Do you want to sell them? Are you getting them insured? Are you doing nothing in particular with them? I’m supposed to ask you that and then explain from there the right course of action. Not today.
The answer is yes.
Always get your diamonds certified.
It’s that simple.
The only reasons not to have the Gemological Institute of America certify your diamond is that you don’t have the $200-$250 it will cost. That’s really the only reason. Getting your diamond certified is the easiest way to get a real understanding of its value. There’s an argument to be made that your diamond could be small enough that spending the $200 doesn’t make sense. Well, a half carat diamond might be worth six hundred dollars. It might be worth more than two thousand. How can you tell? Well, certification. The 4 C grading standards eliminate everything except market forces.
Without the certification, you might take your diamond to one dealer and get an offer of seven hundred dollars. Another dealer might offer you twelve hundred. Here’s the thing. Both of them might be completely honest. What the GIA did when they formulated the 4 C’s many decades ago was to create standards that could be judged. Those same two jewelers might offer you the exact same amount for a diamond when it has certification indicating its characteristics and qualities but they might have wildly different assessments without certification.
I always recommend getting in touch with the Gemological Institute and getting your diamonds certified. It’s a way to really understand the value of the diamonds you have. If you’re looking to sell diamond jewelry in San Diego, reach out and give me a call. Or you can drop by the showroom and I can help you there. In either case, get in touch. You’ll be glad you did.
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