How to sell diamonds to a Swiss bank. The procedure for buying gold in Switzerland. Diamonds are a girl's best friend

If you decide to sell for any reason jewel with diamonds, then a number of questions arise: where can this be done, where to go so as not to stumble upon fraud and get money for your jewelry best price? An expert will tell us about all the nuances of selling diamonds gemological laboratory Svetlana Panfilova.

1. Where is the best place to sell diamond jewelry?
   

   The choice of where to sell depends on the quality of the jewelry and your personal circumstances.

   If you have a deformed product with small stones, then it is easier to take it to a pawnshop or buy it. But if you have time and financial opportunities you can take a more complicated route: go to a jewelry workshop to repair or make a new piece of jewelry, and then sell it.

   If your item is in good condition, with a lot of stones or several large ones, then it makes sense to sell it through a consignment store. In this case, you will receive the money only after the sale, but the amount will be much more than the purchase price. Alternatively, you can offer your jewelry to friends or display it on a bulletin board. In this case, all risks and responsibility for the sale fall on your shoulders.

   Vintage or exclusive jewelry can be taken to an antique store, auction, or a thematic exhibition and sale.



2. Is an expert opinion required to sell a diamond item?
   

   For the official sale of a diamond item through a pawnshop or consignment store, an expert opinion is not required. A commodity appraiser will look at the product and write down the appropriate characteristics. At the same time, a gemologist's opinion can be useful to increase the trust status, especially for large stones with high characteristics.

   It makes sense to sell antique jewelry through an antique salon or auction. Expert opinion It’s not necessary here either, but it will make the product look more presentable.

   Some sell jewelry informally, from hand to hand. In such cases, sellers and buyers turn to a gemologist to obtain objective information.



3. Where is the best place to examine a product?
   
   

   There is no consensus on this matter. Some people trust one specialist, some another, some only certain large laboratories. As a recommendation, we can say that you need to search and try, be interested in education, experience, reviews. You should not trust too much an expert who immediately, without careful study, issues some kind of statement.

   For some reason, some people think that a real specialist should behave exactly like this: from a distance of half a meter, accurately determine the carat value and characteristics and immediately calculate the cost in his head. In reality, everything is much more complicated. You don’t sell bread or sausage. Diamonds need to be studied, looked at, twisted, compared with standards, etc. In addition, there are now a lot of fakes and synthetics. Even an experienced gemologist does not always understand everything.

   Some stones need to be examined using special expensive equipment, which is only available in major centers. And then a normal, serious expert who does not have such equipment will send it to his colleagues in the appropriate laboratory, and will not pretend to be an infallible specialist at a glance. Unfortunately, mistakes can be very costly. Therefore, first of all, you are looking for a thoughtful specialist. Of course, you don’t have to expect a special approach with every tiny diamond. At the same time, some stones (large, fancy colored) require detailed study, and they simply cannot be identified quickly and accurately.



4. Pawnshops: is it worth bringing a diamond item to them?
   In purchases and pawnshops, jewelry is valued several times cheaper than the market value, but they give you money right away. You can contact us if you don’t have time to wait, or the stones are small, or the product is not in a marketable condition - deformed, with fallen stones, chipped, etc. In addition, you can use a pawnshop not only to sell, but also to pledge jewelry, and then buy it back by paying a small percentage.


5. Selling diamonds on forums and message boards (nuances).
   

   Not an official, but a valid way of selling. The information about the product that you want to communicate is laid out, and then there are discussions with the buyer. Some immediately perform an examination and provide a conclusion, while others, after a preliminary agreement, come together with the buyer to a gemologist. It happens that the buyer does not trust your information, suspects collusion with the gemologist, and looks for his own specialist.

   These are already private features and a matter of trust. Regarding suspicions of collusion with a gemologist: indeed, clients sometimes ask an expert to include other information in the conclusion, but a serious specialist values ​​​​his reputation and will not agree to this.



6. What determines the price of a diamond product?
   

   The price primarily depends on the characteristics of the stones and the weight of the gold. The design of the product also looks good. If the jewelry is original, exclusive, then it will cost much more than a regular product.

   Depending on the method of sale, discounts and capes are used. In a pawn shop and pawn shop the price is low, in a store it increases several times, in a large brand store in the city center it is even more expensive.

   Thus, the price of diamond jewelry can vary quite widely and is discussed depending on the situation.

Against the backdrop of the ongoing global financial crisis and fever for financial markets, some clients have become actively interested in transferring part of their savings into gold.

First of all, it is worth recalling that you can invest in gold in different ways: for example, open an impersonal metal account and instruct the bank to buy “virtual” metal with it, or purchase shares of a super-liquid mutual fund that invests exclusively in gold. However, it is the purchase of real metal that raises the greatest number of questions among those who perform such an operation for the first time.

To begin with, first of all you should decide on the country of purchase of the metal. In this post we will focus on describing the procedure as it happens in Switzerland. In addition, in my subjective opinion, Switzerland has the most convenient and favorable conditions to carry out this operation.

Firstly, there is no VAT on bullion, secondly, the presence of local producers and, as a result, instant supply of metal, thirdly, a developed banking industry and an abundance of organizations offering services for storing gold, as well as other valuables. As a rule, people decide to buy gold primarily to protect their savings from depreciation. And it is “material” gold in bars that meets this criterion. But you won’t be able to buy it in Ukraine at the exchange price. There are only two countries where you can buy gold bars at almost wholesale exchange prices and own them, without restrictions - Switzerland and the United States United Arab Emirates. As for the Emirates, this is a country with a completely “club” police and judicial system, where it is very difficult for a foreigner to achieve the truth against locals, plus they have recently been sitting on a powder keg because 80% of the population are poor migrant workers and God forbid they start another “Arab Spring” in the Emirates.

In Switzerland there are no such risks, and the market is fully formed so that non-residents can manage money comfortably. After choosing a country for this operation, you should decide what kind of gold you want to purchase - non-cash ("virtual") or physical (real metal in bullion), my recommendation is to go with the second option.

If you have clearly decided that non-cash gold is not for you, before purchasing you need to decide in advance where you will store the purchased metal. There are several options. Many (but not all) Swiss banks will offer to rent from them safe deposit box. This is convenient and safe, but according to Swiss anti-money laundering legislation, safe deposit boxes are equivalent to accounts, so you will have to provide information to the bank and justify the source of the money in any case. Alternative safe deposit boxes– specialized safe companies, which are abundantly represented in Zurich, Geneva and others major cities Switzerland. The requirements for verifying clients there are lower than in a bank, but they still exist, and simply sending your lawyer to open a cell there and hand over the key to you will not work: when entering the premises, the company will identify the user and will not allow anonymous storage of valuables. In principle, metal can be stored in any other room, provided that the risk of theft is minimized.

In order to buy gold, you must give the appropriate instruction to your bank. Once the order is given, the bank will contact the seller (UBS is the main trader and produces its own bullion). The price indicated by the seller, even without taking into account commissions, may differ from the “London fixing” published in the morning and evening of each day. But the difference in prices is not necessarily the seller’s profit. The fact is that, contrary to popular belief, prices published in London are just evidence that on the specified date the members of the “club”, consisting of several banks, decided to announce the stabilization of demand for gold at a certain level. In general, small deviations from the London fixing have never confused clients: the price of gold is already quite volatile (fluctuations can reach several percent per day). In addition, gold bars are bought for long-term investment in the expectation of a price increase in the future, and not for instant resale at the first micro-jump in price.

Of all the possible gold bars, it is recommended to buy kilogram or half kilogram ones, simple rectangular shape. Their price is as close as possible to the market price of the metal, and does not contain a premium for minting, as is the case with coins. Micro bars (you can even buy gram bars, not to mention 10, 20, 50 gram ones) are nice to hold in your hand, but from an investment point of view this is unnecessary crushing (for reference, for example, at a price of $ 1600 per ounce, a one-kilogram bar costs about $51,000 is the ideal value to buy.

Buying bars weighing 12.5 kilograms, in which settlements take place on the London market, and which at the indicated price cost about $640,000 each, probably only makes sense when purchasing hundreds of kilograms of gold). When preparing to sell your gold back, you should keep in mind that the transaction will take at least 2-3 days. The reason is that when the client receives the bullion, in a legal sense, his gold turns from “gold” into some kind of yellow metal, which is the object of potential examination for gold content.

Cases of counterfeiting of large bars are rare, but they do occur (there are known cases of filling voids in 12.5 kilogram bars with tungsten, you can see what it looks like if you read one of my posts from March 2012) and the buying bank always plays it safe by sending the gold transferred to it to the laboratory. Contrary to popular belief, certificates received for the bullion number upon purchase do not have any significance when selling the bullion and do not save it from mandatory examination.

Since 1993 bank-owned UBS Swiss factory Argor-Heraeus SA produces special bars with a special protective hologram applied directly to the gold. Such a bar can, in principle, be sold instantly, but because of this it costs slightly more than its counterparts without a hologram. That's basically all. Now you have an idea of ​​the main points and procedure involved in buying gold in Switzerland.

Gold is a long-term savings asset. Fiat currencies come and go. They may be devalued, revalued, or completely destroyed (for example, in the unfolding war on cash).

Gold is best bet for any weather. Gold does well in inflation and deflation because the government itself pumps up its price.

The problem with gold is that it may simply not be there when you want it most. The reason may be the dynamics of supply and demand, or the government's attempts to regulate sales or buy it up to build up its own reserves.

Now is the time to buy physical gold.

Visit us in Zurich and we will help you make a decision in favor of truly lasting values. We will be happy to advise you which gold bars and coins are best suited for you. In addition, after the purchase, you can leave your gold for storage in your personal deposit box.
It is also important that funds placed in a deposit box do not fall under the system of automatic exchange of information between countries.

Professional services in Switzerland

I am a specialist in private banking, wealth management and asset protection. I represent interests and have long-term business contacts with the managers and owners of a number of Swiss banks. I also represent a group of independent Swiss consultants who specialize in banking and corporate affairs and provide services for the protection of assets and the implementation of personal interests in Switzerland (and not only, for example, in Andorra). I would like to take this opportunity to briefly describe to you what we do and what services we provide.

Our team consists of banking lawyers, bankers, hedge fund specialists and tax consultants who specialize in representing clients (mainly from the CIS countries) who either already have or are planning to open a bank account with a Swiss bank, as well as whose business or personal interests are connected (planned to be connected) primarily with Switzerland. Thanks to our extensive contacts, we can also help in cases outside Swiss jurisdiction.

We help solve any matters of varying degrees of complexity that are related to finance. We help you avoid fatal mistakes in dealing with everything related to finances, business and personal interests.

Before engaging in this type of activity, members of our team devoted more than one year to working in Swiss banks, as bank lawyers, heads of Compliance departments in foreign banks, as well as managers in asset management companies.

Thanks to our extensive experience and personal business contacts, we are able to provide professional expertise on almost any issue related to finance.

We can offer services related to the transfer of assets from the CIS outside your jurisdiction with the transfer of assets to your account, for example, in a Swiss bank (or in another bank specified by you).

We currently offer the following professional services:

1. Opening a bank account in a Swiss bank (including for business transactions)
2. Moving assets outside your jurisdiction
3. Unlock frozen-locked bank accounts in Swiss banks
4. Litigation with Swiss banks
5. Support in the procedure for inheriting a bank account
6. Moving to Switzerland
7. Registration of Swiss companies
8. Services of a corporate Swiss director
9. Fiduciary services
10. Support of transactions for the purchase and storage of gold in Switzerland
11. Consulting and information support

Contact us for help if:

Do you want to register a company in Switzerland;
You need to move assets from your jurisdiction abroad;
You have a conflict with a Swiss bank or asset manager;
Your bank has blocked your bank account due to suspicions of illegal activity;
If you are not happy with your bank account;
Your Bank refuses to issue cash;
If you are suspected of money laundering;
You inherited a bank account in a Swiss bank;
If you have other business or personal interests in Switzerland;
If you want to get advice on an issue that interests you related to Switzerland and finance;
You have other business or personal interests in Switzerland

Visit my blog: http://site
You can contact me:
Skype volkov71
Email: [email protected]

I will be glad to provide you, your partners (clients) or acquaintances with personal assistance in resolving any of your business and personal interests in the field of finance in Switzerland and beyond. We are interested in establishing mutually beneficial business relationships and are open to counter-offers.

Sincerely,
Valery Volkov

Contact me for private questions banking services, wealth management, opening bank accounts, buying and storing gold and others precious metals, as well as for advice on asset protection in Switzerland.
Thanks to his many years of business contacts with the managers and owners of a number of Swiss banks, banking lawyers and tax consultants I provide expertise on issues of any complexity. You can contact me via Skype - volkov71 or email: [email protected]

How to buy an unmounted diamond without breaking the law?

Expert commentary

For most of our adult lives, the diamond industry of our country was separated from our fellow citizens by a reliable barrier of legislation: both an uncut diamond and a cut but unmounted diamond were classified as currency values. It was possible to buy a diamond without a setting only on the black market, and any buyer, as well as seller, violated currency legislation and could be subject to criminal prosecution (remember Galina Brezhneva’s well-known passion for diamonds). After the end of the socialist period, legislation changed, sometimes radically, sometimes gradually, and sometimes even now you can find various rudiments and atavisms of the “scoop” in laws and by-laws. In particular, Article 191 has still been preserved in the Criminal Code, providing for criminal punishment for “Illegal trafficking in precious metals, natural precious stones or pearls” http://www.garant.ru/main/10008000-022.htm Precious stones only in in recent years have ceased to be considered currency values ​​(there is no mention of them in current edition law "On currency regulation And exchange control", adopted by the State Duma on November 21, 2003, as amended on December 30, 2015 http://www.consultant.ru/popular/currency/). But even today, many years after the start of the legal free circulation of dollars and other currencies in the hands of our fellow citizens, the state imposes a number of restrictions on the circulation of precious stones in the form of raw materials and in cut but unmounted form, in our case, rough and polished diamonds. Therefore, we offer an analysis current legislation in the field of precious stones, so that potential buyers have an idea in which case the purchase of a diamond is an absolutely legal transaction, and who is an absolutely legal diamond seller in our country.

Diamond Jewelry

In Russia there are no special restrictions on the turnover of finished jewelry. We can direct those who are interested in the general civil circulation of goods to the Civil Code of the Russian Federation (http://www.consultant.ru/popular/gkrf1/). The current law of the Russian Federation “On Precious Metals and Precious Stones” has the following provision in the preamble: It is not subject to regulation of this Federal Law the procedure for citizens (individuals) to carry out transactions with jewelry and other household products made of precious metals and precious stones owned by citizens ( private property). For the text of the law, see, for example, http://www.gemology.ru/zakon/1_30.htm
Thus, a citizen of our country (an individual) can purchase jewelry, including diamonds, own it and carry out any transactions permitted by law. When purchasing jewelry in a store, you need to know that there is Russian Government Decree No. 55 of 1998, which states the “List of durable goods that are not subject to the buyer’s requirement to provide him free of charge for the period of repair or replacement of a similar product and a list of non-food products of adequate quality , not subject to return or exchange for a similar product of a different size, shape, dimension, style, color or configuration" According to this resolution, products made of precious metals, with precious stones, made of precious metals with inserts of semi-precious and synthetic stones, cut precious stones, cannot be returned to the store.

Unset Diamonds

Certified unmounted precious stones are considered to be jewelry, therefore, transactions with them can also be carried out by individuals. Relevant instructions are given in Government Resolution No. 1157 of November 25, 1995, which states: “Expand the list of transactions carried out on the market with precious metals and precious stones, allowing sales on the territory Russian Federation platinum bars and products made from it, as well as the composition of the participants in these transactions, providing for the conduct by individuals of transactions with gold, silver and platinum bars, certified diamonds and other cut precious stones.”

The legal basis for regulating the circulation of precious stones in Russia is established by the law “On Precious Metals and Precious Stones” of March 26, 1998 http://www.gemology.ru/zakon/1_30.htm.
The law in question allows the sale of stones, including loose diamonds, to any person, including individuals (i.e. citizens). Article 2, paragraph 6 of this law contains an indication that “Precious metals and precious stones acquired in the manner established by the legislation of the Russian Federation may be in federal ownership, the property of constituent entities of the Russian Federation, municipal property, as well as owned by legal entities and individuals. Owners of precious metals and precious stones exercise their right of ownership of precious metals and precious stones in accordance with this Federal Law, Civil Code Russian Federation and the Law of the Russian Federation “On Currency Regulation and Currency Control.” As we have already indicated, the currency control law does not apply to precious stones since 2004.
Article 20 contains provisions that stones can be sold to both individuals and legal entities: clause 5: “Precious metals and precious stones that were not sold as a priority to the buyers listed in paragraph 5 of Article 2 of this Federal Law and paragraph 4 of this article, including buyers who refused to purchase unique nuggets of precious metals, may be sold subjects of their extraction and production by any legal and individuals, including through precious metals and precious stones exchanges operating in the Russian Federation.”

The rules for the sale of certain types of goods, approved by Government Decree No. 55 of January 19, 1998, establish the following requirements for the sale of unmounted precious stones (we quote excerpts from Chapter VII):
- The sale of cut diamonds made from natural diamonds and cut emeralds is carried out only if there is a certificate for each stone or set (lot) of stones sold (Article 61)
- Products made of precious metals and precious stones, as well as cut natural precious stones must have individual packaging (Article 65)
- When transferring the purchased goods to the buyer, the person carrying out the sale checks the presence of an imprint of the state hallmark of the Russian Federation on it and its quality, an imprint of the manufacturer’s name (for products Russian production), as well as a certificate for a cut natural gemstone (Article 66)
- Along with the goods, the buyer is given a sales receipt, which indicates the name of the goods and the seller, sample, type and characteristics of the precious stone, article number, date of sale and price of the goods, signature of the person directly selling the goods, and for purchased faceted natural precious stones certificates (Article 69).

Thus, any citizen can legally purchase certified unmounted gemstones. Since of all the precious stones today, Russian certification centers work only with diamonds, there are simply no other certified stones on the market. For more details, see the section on our website.

Finally, let's look at who may be a legal diamond seller under current law. Assay inspections maintain special records of organizations and individual entrepreneurs carrying out operations with precious stones. Therefore, any company or entrepreneur must have a certificate of special registration with the Assay Office. Since the sale of both stones and finished products is not subject to licensing, registration with the Assay Office is the only specific requirement for companies and individual entrepreneurs selling precious stones.

When financial system is bursting at the seams, and savings are melting away as a result of inflation, it’s time to think about ways to preserve capital. One of them is buying diamonds.

Now is the time to invest in diamonds, says Martin Rapaport, head of the American Rapaport Group, which has been providing services to gem dealers for 30 years. He is confident that diamonds will become more expensive in the near future, because last year they fell in price by 10-20%. Rapaport's opinion is worth listening to - back in 1978, he began publishing the Rapaport Diamond Report, which still serves as the main source of information on diamond prices.

But you shouldn't chase profit. According to Vladimir Savenok, independent financial consultant, diamonds are a very conservative investment, like gold. “It only makes sense to invest in them to preserve capital. It’s more like a rainy day reserve for the whole family,” he says. You can’t earn much on precious stones - in five years as of today (taking into account the fall), prices have increased by 10%. But for the convenience of storing and transporting diamonds - best option alternative investments.

Edges. Unlike commodities, for example, gold or oil, diamonds are difficult to standardize, says Yuri Shelementyev, head of the examination department at the Gemological Center of Moscow State University. The cost of diamonds of the same weight can vary significantly. One example: May 12 at trading system RapNet (operator of Rapaport Group) stones weighing 1-1.49 carats with high characteristics in color and clarity cost more than $19,000 (per 1 carat), while diamonds of the same weight, but of worse quality, could be bought at $1000 for 1 carat.

To describe a diamond, more than ten characteristics are usually used, but there are four main ones. These are the so-called 4 s: clarity (purity), color (color), cut (cut quality) and carat (weight). In addition, the price depends on the shape of the cut, the quality of polishing, etc. The characteristics of diamonds are confirmed by certificates of special appraisers. The most authoritative are the certificates of GIA (Gemological Institute of America) and HRD (Higher Diamond Council of Belgium).

Indexes. Knowing all the parameters of a diamond, using the already mentioned Rapaport reports (updated weekly, the cost of an annual subscription is $350) you can determine the price of the stone. Rapaport prices are indicative - a real deal may come with a discount or, conversely, a premium for large diamonds of excellent quality.

Israeli electronic system Diamond trading IDEX Online has introduced its own stone price indicator - Polished Diamond Price Index. The method of its calculation is based on the method of stock indexes: the main categories of traded diamonds are determined, then they are assigned weights in accordance with the share they occupy in market turnover. The output is a turnover-weighted index that reflects the dynamics of dollar prices for traded stones. “Considering that 75% of all traders work through us, the price analysis is very accurate,” assures Edan Golan, editor-in-chief of the IDEX Online newsletter.

In 2008, the Polished Diamond Price Index rose 1.5%, while the MSCI Emerging Market stock index fell 54%. The diamond market follows the stock market with a time lag: since the beginning of 2009, the IDEX Online index has lost 7.5% to May, while the MSCI Emerging Market has grown by 16.9%.

Trade and storage. Moscow businessman Mikhail (he asked not to give his last name), having sold an Internet project on the eve of the crisis, in December 2008 became the owner of a diamond of 10.18 carats (1 carat is equal to 0.2 grams). For a stone the size of a ten-kopeck coin, he paid $1.1 million (more than $100,000 per carat).

Mikhail bought his diamond from the 4c-Diamond company, whose headquarters are in Antwerp, and stores it in a safe deposit box at one of the local banks. This Belgian city is the closest center of the world diamond trade to Moscow, which also includes New York and Tel Aviv. Mikhail met with a representative of the company in the fall of 2008 at the Millionaire Fair exhibition in Moscow. Then he flew to Antwerp, looked at the stone and signed the contract.

Before flying to Antwerp, you should call jewelry brokerage firms (phone numbers are in any directory), who will tell you who to contact.
Stones can also be purchased on electronic trading platforms like IDEX or RapNet. The RapNet system is reminiscent of stock trading in a negotiated deal mode - bids indicating price, shape and quality of cut, weight, color, clarity, etc. are for informational purposes only. To agree on the final price and details of the transaction, you need to contact the seller through a broker.

According to Michael Thorner, head of the Antwerp division of 4c-Diamond, the company undertakes to select diamonds for an investor for a certain amount and help with the sale by buying the stone itself or selling it through a trading platform. For such services, diamond dealers usually charge a commission of 2-3% of the transaction amount (4c-Diamond commission is 1.5%). The buyer may not know the real price of the stone. “We usually earn a total of 5-6% of its value per stone,” says Thorner.

Some trading platforms offer private investors to work without intermediaries. “We ourselves are ready to provide brokerage services“says Martin Rapaport from Rapaport Group. For a commission of 5% of the transaction amount, his company will select a suitable offer for the client in the RapNet system to buy or sell a precious stone, and will also provide its storage.

Three months ago, the Belgian electronic diamond exchange DODAQ began operating; private clients can also trade here. “We wanted to make investing in diamonds easier,” says DODAQ CFO Alex Frey. To make transactions, you need to register in the system and open a cash account. Money will be transferred from it to the seller of the stones, which, after the transaction and registration in the name of the buyer, will end up in a special storage facility of the exchange, a kind of depository. Purchased diamonds can be sold on the same site or taken away. Exchange commission - 0.85-1.5% of the transaction amount. True, only small stones weighing from 0.3 to 1.49 carats are traded on the exchange - they are easier to standardize.

So far, few transactions are taking place on DODAQ, but Frey is confident that liquidity will gradually increase. However, even today investing in diamonds is not much more difficult than buying apartments for resale. For those who want to keep a fortune in their jacket pocket, this is not a bad option.

Andrey VIRKOVSKY

The public, far from the behind-the-scenes of jewelry production, perceives the word diamond as a synonym for the word “expensive.”

If you begin your acquaintance with diamonds from the counter of a jewelry store, then so be it. But when you come to the pawnshop, you will be surprised at the cost of appraising your “treasure”.

To understand why the price of a diamond in a store is several times higher than the purchase price, you need to start looking at this issue from the jewelry production stage. And more specifically, from the moment of purchasing precious stones and their price.

It must be said right away that the purchase and sale of diamonds separately from jewelry, between parties who do not have the right to do so, is prohibited by law. That is, if you are not a jeweler registered with the Assay Supervision Inspectorate or a store for jewelers registered on the same account, a manufacturer of jewelry or a diamond miner, you do not have the right to buy or sell precious stones separately from jewelry. No pawnshop will be able to officially accept them from you.

Diamond price

As a jeweler, it is not beneficial for me to break the client’s illusions about the value of precious stones, but as a blogger, I am forced to start with this.

Yes:

• Diamond is a rather rare stone, the extraction of which requires a lot of resources.
• To turn a diamond into a diamond, you also need to expend effort.
• A diamond costs several times more than a non-precious stone.

But:

• The cost of a diamond greatly depends on clarity and size.
  A small defect that you cannot notice with the naked eye, or the wrong shade can immediately reduce the cost of the stone by 2-3 times.
• If we talk about the size, then the stone is less than half a carat and does not arouse any interest from the appraiser. One carat is already interesting, this is where the really large sums start.
  By the way, a diamond weighing one carat will have a diameter of about 6.5 mm, if we are talking about a round cut.
• In the world of gemstones, only large and clean stones are of interest.
  A diamond appraiser won't even waste time calculating the exact weight and value of small stones.
• You won’t find “interesting” stones on the shelves of regular jewelry stores.
  It is not profitable to trade them, because if you make such a markup as on other diamond products, then no one will buy a large stone, its price will be greatly inflated.

How much do diamonds cost in a jewelry store?

A diamond ring, which costs about 10,000 rubles in a store, weighs about 2 grams, is usually studded with 20-50 small stones, less than one hundredth (0.01) of a carat each.

• Yes, these are diamonds.
• Yes, they cost many times more than cubic zirconia.
• But, cubic zirconias of this size cost 70 kopecks apiece.
• A diamond of this size costs about 10 rubles.

If the ring has one diamond and it costs 10,000 rubles.

• Such a stone will have a clarity of 4/4 or 3/4, but the tag will indicate an inflated 2/2
• Its diameter will be about 1.2 millimeters.
• The weight of the stone will be about 0.08 carats.
• I officially bought such a stone last time for 700 rubles.
  If you buy in bulk, their price is even lower.

The jewelry store knows about the buyer’s blind faith in the word “diamond”, and pushes the price as it wants. You like the jewelry, and the price is not high for a diamond piece. You buy, you are happy and everything would be fine, but fate, the villain, takes you and your ring to a pawnshop.

Where can you sell diamonds?

Most pawnshops and purchases are aimed only at accepting metals. Taking stones is more difficult. You need to know them and be able to correctly measure, calculate weight and evaluate. You cannot simply weigh a stone and multiply it by the amount, as with gold, because diamonds can only be accepted and sold from the public in jewelry. Therefore, you need to measure the diameter of the stone, height and use the formula to calculate it market value, and then offer the cost of its purchase.

It's much easier with gold. And large stones are not so common among the population. Therefore, pawnshops and purchases do not set a goal to train merchandisers to evaluate diamonds.

Typically, a merchandiser can identify a diamond using a special apparatus. If the stones are small, they will be valued at the cost of gold. That is, the entire mass of the jewelry will be multiplied by the cost of gold.

Sell ​​diamonds to a pawnshop

The pawnshop is interested in clients. If you are planning to repurchase your piece, it is perfectly acceptable to ask the merchant to add a little more to the appraisal amount for the diamonds. If we are talking about a ring with a scattering of 20-50 stones of less than 0.01 carats each, then they really won’t add much, 300-500 rubles.

Your ring with diamonds for 10,000 rubles, weighing two grams, will be valued at 1,400 per gram and will add 500 rubles. At best, you will receive a loan of 3,200 rubles for it.

How will a diamond be appraised?

Everything is the same. Perhaps the price per gram will be a little higher. It is also possible that purchasing merchandisers will be instructed not to add anything to the diamonds and not to indicate them in the product description, so that there will be fewer problems with their subsequent sale. There are small purchases where the owner himself sits in the place of the merchandiser and his personal interest in your product can increase the amount he will offer you. But, these are too many factors that must come together for you in one place.

Thrift store for diamond jewelry

If diamonds are accepted into a consignment store, then such a store, as a rule, should have an experienced appraiser who will count real cost your stone, and will tell you at what price you can put your jewelry on the counter. The price of a diamond will certainly be significantly higher than in a pawn shop or buying it up. The consignment shop itself is also interested in this, because it takes a percentage of the sale. There is only one drawback here - they will give you the money only after someone buys your jewelry. No one can predict how long it will take for this to happen.

Let's summarize all of the above.

To sell diamonds profitably, you must first buy them profitably. But, in any case, the difference between buying and selling precious stones is very significant, and this must be accepted as a fact.

1. If you want to receive money immediately, but later return it and pick up your jewelry, then of course you can pawnshop.
2. If you want to instantly sell your jewelry and never think about it again, go through buying up.
3. If you are lucky enough to become the owner of “serious” stones, then contact commission shop. And look for one whose display window will have the same “serious” stones. There you will be told the real cost of your jewelry. But, do not forget that the money will be paid to you only after the sale and minus the commission.
4. Whatever option you choose, I always recommend contacting several pawn shops, buy-ups, and consignment shops. And it's better to start with commissions, where they will tell you more the real price of your diamonds.
5. Once you know the current value of your jewelry, you can try your luck at private classifieds sites, which will not need to be shared with anyone after the sale. You can set up a meeting with buyers at the same commission, where your client will have the stones that he will buy from you checked and evaluated. In this case, of course, you need to make a preliminary agreement with the appraiser, and perhaps thank him financially.