Are you looking to sell your Diamond in Philadelphia? Pawn Shop Philadelphia is a trustworthy, family-owned business running for over 20 years. Whether you’re looking to buy, sell or get a loan against your valuable Diamond, we’re the best place in Philadelphia! We are located on Philadelphia’s Jeweler’s Row in the heart of the city.
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Gold prices are currently at their highest levels since 2013. If you have old gold jewelry or gold bullion, selling it can be a great way to get cash fast, come and take advantage of today’s high gold price.
How Much is my Diamond Worth Today?
Diamond prices can be complicated. Their true value is determined by dozens of factors.
A diamond’s value is set by its current appeal. In trying to regulate the industry and create a standard for diamond comparison, a methodology of diamond grading was set by the GIA and it is called the 4 C’s of diamonds.
The 4C’s stand for – Cut, Color, Clarity, and Carat.
Cut
A diamond’s cut, its shape, and its facets, is what make it sparkle. The more faceted the cut, the greater the sparkle is. The most popular shape and cut, according to the Cape Town Diamond Museum, is the round brilliant, with 57 facets. Other famous cuts include the rectangular emerald (44 facets), the square princess (50 or 58 facets), the oval (56 facets), the slender marquise (58 facets), and the hybrid pear (58 facets).
Clarity
Diamonds Clarity measures the purity of the diamond and the presence or absence of tiny flaws. The clearer or more flaw-free the diamond is, the more brilliant and valuable it becomes. Internal flaws are referred to as inclusions and external flaws are called blemishes. Jewelers and gemologists use a scale from FL (flawless) to VVS (very, very slightly included) to SI (slightly included) to I (included), with number gradations for each category, to rate clarity.
Carat
A diamond’s mass, or weight, is measured in carats. A metric carat is 200 milligrams, and each carat can be subdivided into 100 points. Diamonds that are more than one carat are presented in decimals, as in a 1.25-carat diamond. The price per carat increases according to a diamond’s size since the larger stones get the rarer they are.
Color
Diamonds come in many different colors and are categorized as either white basically colorless, or fancy. Because distinctions of color among stones are subtle, experience and training are required to color-grade a diamond. These variations make a major difference in diamond quality and price. Depending on the hue and intensity, a stone’s color can either diminish or enhance its value.
What is the Diamond Price Chart?
The diamond price chart, also known as Rapaport Price List or just “The List” is a matrix that provides a benchmark to a diamond’s value based on its 4 C’s.
Since a matrix is two-dimensional and there are 4 C’s then there are several price charts – each is of a weight group. Also, Cut, even though often considered as most important C is not in the chart but is given weight by discounting diamonds that are poorly cut.
Why Do People Sell Their Diamonds?
Selling your diamond isn’t easy. Letting go of a special piece can be an emotional experience, especially if the diamond has sentimental value. Here are common reasons why people Sell Diamond Jewelry.
The Diamond Jewelry Carries Bad Memories
Does your diamond remind you of a painful divorce or breakup? The act of selling your piece can free you from those bad memories. Removing the diamond from your physical space can help you move past it. Then you can use that money for an experience that makes you happy and gives you more positive memories can help clear your mental space, too.
Lack Of Use
Are you holding on to Diamond jewelry you do not wear? Many of us hold onto unused items. In most cases, it’s because we subconsciously associate them with feelings and memories of love or happiness. Sometimes it’s just something you don’t want or like anymore. Your style or preference could have changed and it no longer fits you. In both cases, if it’s not adding any value to your life it’s an excellent reason to sell the piece instead of letting it collect dust.
Financial Emergencies
Due to the COVID-19 pandemic or any other causes, you might be one of the millions of Americans currently experiencing financial strain. Or, perhaps you’re faced with a surprise expense that you simply weren’t prepared for. In either case, Selling Your Diamond can help lessen the burden, or you can get a pawn loan, so you don’t lose the piece you love so much!
The key is to work with an experienced jewelry buyer. This way, you’ll receive an accurate offer that aligns with the current diamond market.
Given these points, save yourself the trouble of finding other Diamond buyers. We are the fastest, most secure option to pawn or sell your Diamond jewelry! Sell Your Diamond Jewelry today.
Our phone number is 267-687- 2640. We are here to help answer your questions, call us!
You are welcome to visit us, our address is 136 S 8th St A, Philadelphia, PA
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