Diamond Ring Appraisal Vs Resale Value

When you are buying a house the value of your new home varies based on neighboring houses worth.

Diamond ring appraisal vs resale value. It is important to understand fully what a diamond appraisal is for and what the value of the appraisal represents when it comes time to sell your diamond. The best way to figure out the value of your diamond is to compare it to other gems with the same characteristics. It would likely be appraised at double the price at 9 164. However the resale value of a diamond is almost always significantly less than the amount you or your fiancé paid to purchase the diamond when it was new.

Diamonds work in the same way. All diamonds from the center stone of an engagement ring to a pair of diamond earrings have resale value. Appraisal values by neil beaty gg icga posted in. Appraisals diamonds uncategorized 0 one of the most common questions i get as an appraiser is why resale values meaning the prices people can get for their jewelry are so different from the values seen on appraisal reports.

Figure out the retail market value of your diamond. In other words the appraisal doesn t represent the true value of the diamond ring. For example this halo diamond ring sold for 4 582. Understanding the different diamond valuations will help you make the right decisions when selling your diamond.

We re breaking down the difference between your diamond s appraised value vs.