Finding the Best Way to Sell an Unwanted Diamond

They say diamonds are forever, but the fact of the matter is sometimes they aren’t. It’s a nice thought that you pay thousands of dollars for this piece of sentiment and march into the sunset with it as a memorial of love and affection. But what more and more people have been finding, is that these diamonds aren’t often worth nearly what they are paying for them.

It’s a job well done by whoever is marketing diamonds out there, as the mark-down is worse than the new car you drive off the lot. People needing to sell their diamonds are met with a very soft second-hand market, needing to accept a fraction of the original purchase price. Diamonds are worth considerably less than retail, and they don’t have much of a chance to appreciate like something like gold does.

This is detailed by the now-famous piece from The Atlantic published all the way back in 1982. But it’s still just as true today.

But sometimes you just need to sell a diamond, right? The most popular reason to sell is due to a divorce or break-up. When a diamond loses its sentimental attachment and meaning, it’s almost painful to keep it around. Better to sell it for what you can and move on with your life.

The other popular reason to sell is when a diamond is received through an inheritance or estate. Maybe someone in your family has accumulated a few diamonds over the years as gifts from a husband or wife, and in the end these are left without significant enough value to be stowed with them forever. This leaves you with jewelry that doesn’t really hold much significance for the people getting with them.

Whatever you decide to do, it’s best to education yourself first. Study up on how diamonds are graded and come prepared when negotiating.

So how to sell? There are a few different options.

1) Local Diamond Buyers

The easiest way to get rid of your diamond is going to a local diamond buyer, most likely either a pawn shop or a jeweler. Pawn shops, however, might not know how to properly value your diamond and may give you a much lower than (the already low) market price for the diamond. Jewelers will know how to properly value it, but with their high markups and more professional business model, they’ll offer you pennies on the dollar for your diamonds. So while it’s the easiest way to sell, it may not be the best.

If you want to find trustworthy diamond buyers in your area, you can read reviews on sites like sell your diamond locations to compare your options.

2) Online Diamond Buyers

While not quite as easy as running down to the corner store and selling a diamond, using an online diamond buyer might make a lot more sense. They don’t have the same overhead and price pressures as jewelry stores, and they are much more knowledgeable than pawn shops when it comes to diamond grading. They’ve gotten the process to be pretty safe and secure at this point, and because they operate on scale they’re typically able to offer you more cash than any other type of business for your unwanted diamonds.

The downside, is it can take a couple days to process and get you payment. But as long as you don’t need the money tomorrow, this is probably the best bet if you want to sell quickly, easily, and keep your sanity. Leverage multiple offers of course, but they’ll likely be better than any pawn shop.

If you’re looking for an online diamond buyer, Top 5 Cash for Diamonds ranks several online diamond buyers.

3) Craigslist / Peer-to-peer

If you’re trying to get the absolute most cash, then selling on craigslist or finding someone else who is shopping for a diamond is the best way to go. Of course, this can be a little bit scary. You’re talking about dealing with another individual you’ve met on the Internet, meeting up, and exchanging potentially thousands of dollars. It has us feeling a little uneasy, and you never know when you could get ripped off.

That said, if you can find another trustworthy person in this crazy world in need of a diamond, then you can skip all the middlemen and get yourself a good deal. But the other downside here is it takes time and effort to find someone interested in buying your diamond, so it’s certainly more work than the other methods.

4) Online Marketplaces

An online marketplace like eBay is another way you could sell your diamond. Similar to diamond buyers, eBay is going to take their cut of the sale, but at least you’ll be satisfied your diamond was sold at a fair market price. Such is the nature of bidding.

If you don’t have a well-established eBay profile, you may get less for your diamond than you might deserve because of the trust factor. Using an eBay seller service might help you get top dollar, but that could be offset by their commission fees. Which is why, at a certain point, we prefer just negotiating a great offer with an online diamond buyer.

Cool Sculpting Fat Reduction Procedures – Non-invasive Body Contouring

Vitalize Medical Center, a urology and health center based out of Rochester, NY, now offers the CoolSculpting fat reduction procedure for patients.  Traditionally focusing on health treatments using hormone therapy to balance proper levels, they now offer this non-invasive procedure as well.

Cool Sculpting is being an extremely popular procedure not only just in the US, but internationally as well.  Their procedure, based on isolating and “freezing” stubborn fat cells that aren’t lost with basic exercise and weight loss.  For more information on how the procedure works, you can view detailed information on the Freeze Your Fat Rochester website.

coolsculpting process

While Coolsculpting procedures are available across the country by a number of different practices, Vitalize Medical Center focuses their efforts on the western and central NY communities, namely those in the Rochester, Buffalo, and Syracuse areas.  Their primary headquarters is in Rochester:

Vitalize Medical Center
980 Westfall Road
Building 100 – Suite 110
Rochester NY 14618
585. 287.5299

Ashley Martin, a licensed practical nurse with over 10 years in the industry, including experience with plastic surgery and dermatological nursing, takes a holistic approach to patient care.  She is excited about the coolsculpting procedures and enjoys helping individuals reach their body image and appearance goals.

Dr. Ralph Madeb, who oversees Vitalize Medical Center, is board certified in Urology and is an assistant professor at the University of Rochester.  His knowledge of health and medicine provides customers with an oversight that is rare in the body contouring business.  To learn more about Dr. Madeb, you can view his profile on the Vitalize Medical Center website.

Custom Doctor Bobblehead

Personalized doctor bobblehead!

Coolsculpting procedures officially launched at Vitalize in November 2015, quickly followed by their Freeze Your Fat informational website.

For more information on the coolsculpting procedure, Vitalize Medical Center, or how their team can help you reach your health goals, visit www.VitalizeMedicalcenter.com or call their office at 585.287.5299.

SEO Consulting Case Study Research: Outsourcing vs. Internal

Should you outsource to India (or another overseas tech provider)?  It’s a question a number of different companies spanning many industries have asked themselves over the past few years (or decades at this point).  Sometimes it works out and saves a lot of costs.  Other times it backfires.

Outsourcing SEO and web design services overseas has been a popular strategy for a number of years.  It’s been an effective strategy as well, until recently.  Before bulk link-building tactics could be completed at low costs, but as Google’s algorithm has become more sophisticated, the ability for outsourced companies to execute effectively has been hindered.

LDM recently published a case study comparing SEO consulting executed in NY to an outsourced provider over a 10-month period.  The main different here is in the quality of the appearance of the strategy each company was able to present.  LDM focused on PR, building quality relationships, and growing the business in a more traditional way (except translated to online business).  The overseas competition was quick to pounce on higher rankings, but eventually their tactics got devalued and penalized.

The entire idea behind an SEO strategy is to develop an online marketing strategy that pays long-term dividends.  For most businesses, short-term tactics are going to result in lower ROI than ones that build website authority over time.  In their 10-month case study, LDM showed how, with a little patience, investing in higher-quality services is a smart decision for most businesses.

For more information on the strategy that LDM employed, you can view the SEO Consulting services on their website.  They focus on creating long-term value and being smart about keyword targeting.

That doesn’t mean all overseas companies are bad.  It just means you need to be careful and understand what tactics are being used to bring your website to the top of the rankings.  If looks low-quality, then it probably is low-quality.