Finding a good buyer for jewelry pieces you’d like to sell is quite hard these days. You can’t just go out and meet some stranger in a café, for instance, and show him your grandmother’s ring. It’s also hard dealing with middle men (pawn shops, jewelry stores, and similar businesses) because they won’t give you the actual market value of your priced possession. Everything will get more complicated even when the gem you’re offering is a diamond.
So how do you go about selling your diamond safely and getting the fair price for it (maybe even more)? My Diamond Auction, of course.
A Diamond Auction?! What Is It?
This is a private auction site where vendors can sell their diamonds and potential buyers – diamond brokers, jewelry makers and many experts in this particular field – can bid on these magnificent gems. You don’t need to go anywhere to dispose of your brilliant stone in exchange for top dollar. Believe it or not, you can do this in the comforts of your own home!
How is the Auction Done?
If you’re a client who wants to sell diamonds, you will need to fill up the form on the site. If you are accepted, the company will turn you over to a personal auction liaison who will get more info from you. After that, you’ll send the diamond to the auction house.
Sellers will get real-time notification of the auction process. As soon as the gavel falls, indicating the end of the bidding, you will get notified. From here on in, you can decide to accept the highest bid or refuse it. If you choose the former, a check will be delivered to you in a few days. If you go for the latter, your stone will be returned to you.
The Safeguards Put in Place
Diamonds are so highly valued that the people behind the auction make sure that their clients – both sellers and buyers – are protected.
- They start by meticulously vetting all potential buyers. They won’t be able to join in the bidding if they haven’t passed the strict scrutiny of the company.
- Industry professionals and experts will evaluate your diamond, grading the carat weight, color, cut and clarity. This way, the company is sure that the diamond you’re selling is authentic. They’ll even take high-resolution photos of it so potential buyers will see exactly what they’re getting and pay for what the diamond really costs.
- If you decide not to accept the highest bid, the stone is returned to you ASAP.
How Can Sellers Join?
First of all, fill up the diamond form on the website. As soon as you complete this, a Personal Auction Liaison will get your diamond ready for auction. All you need to do is to send over our diamond to the auction house. It’s that simple. Check out My Diamond Auction to know more about this easy and risk-free way of selling your diamonds.