Tips on Auctioning Off Your Gems

When Diamonds Aren't Forever

Here are tips for auctioning off your gems

Do you have an old diamond ring you'd like to sell, or
some jewelry you've inherited that you'd like to
auction?

Increasingly, auctions--whether held in traditional
auction houses or online--are ways to easily reach an
audience of buyers.

But before you visit an auctioneer, there are several
steps that you should take to determine the value of
your diamond.

First, your item must be assessed by an appraiser.
That person will have the complex job of determining
the ring's value based not only on the 4Cs (the color,
clarity, cut, and carat weight) but also on the quality
of the workmanship. The appraiser can also
determine if it was made by a prominent maker, like
Tiffany & Co., for example.

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