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other than diamonds

mike k.

Member
Anyone know the value of other precious stones compared to diamonds , that are found in jewelry ? Also where would we sell them ? - mike
 
I've heard good quality rubies are the most expensive of the precious stones. As far as where to sell them, I'm struggling with that now. I have a few good rings on consignment at a local jewelry store. Seems the better the ring the harder it is to sale. Really nice rings are harder to sale these days. Also a lot of buyers (especially women) don't want a used ring. If you discount them enough from their appraised value someone will eventually buy them but it is a long slow process because you just don't want to give them away. (except maybe family). Much easier to get rid of cheaper gold and silver rings. You can always melt those down and pull the stones out if all else fails. I'm hearing there's not much of a market for small diamonds now.
 
The fact is , the mark-up on diamonds & Jewelry are tremendous. Walk out of the store with a new ring, huge loss in value. So much so the younger crowd isn't biting. I haven't seen many busy Jewelry shops around. Reminds me of the video stores, gone. What's is in (unfortunately) for us are Thousand dollar cell phones & Tattoos. Getting a good price on a find is really tough. Not impossible, but tough.
 
I agree. Here in Australia the sale of high qual and large natural gems has dropped dramatically. Now what I see is a huge increase in the sale of man made/ created gems to the general public.
Some of our top line jewellers that in the past would never under any circumstances display or sell man made gems are now selling these items. A sign of the times I guess.
 
To get an idea of what diamonds are really worth, investigate what you can get for them when you pull them from a find. The answer seems to be that unless it is at least a third of a karat, no one will pay you anything for them. Rubies are almost a career in themselves. Even unaltered, there is an amazing variety of types.

My local coin guy who scraps gold has a small vial of a few dozen assorted stones from rings and earrings that I keep trying to trade him out of. Theres a few nice red stones in there but I haven't pushed it so far as to look at them under a handlens. He knows I may be able to tell what they are and it would drive the price up, so I am taking a shot in the dark.

To answer the OP, probably the easiest (and maybe most lucrative) thing you can do is sell them on something like the e auction site whose name will not be named here or craigslist. People overpay all the time there. If you need to know what you really have, getting appraisals is the best way. For the least best way, post pics here and see what the hive mind has to say. Be sure to include something so we can judge scale on your pics.
 
I have two diamond rings that I paid a Gemologist to give me a written appraisal. The smaller of the two was appraised at $2800. I asked what should I ask in a private sale for the ring. She said Half of my appraisal. Having the written appraisal was instrumental in making the sale.
 
An ALEXANDRITE is far more valuable than any Diamond or Ruby . A 1 kt Alexandrite will cost around $ 65,000, A 1 kt Diamond will cost $10,000
 
Agreed; Alexandrite is king...If you like alexandrite. I have a nice 8Ct Alexandrite with fine red green colour change......Too bad it is a fake. :cry:
A top 1 carate Argile pink diamond will set you back more than 65,000. A good 0.5ct will set you back around 170,000 AUD
 
https://financesonline.com/10-really-expensive-gemstones-from-tanzanite-to-pink-star-diamond/
 
At diamond jewelry auctions, everything starts at 10% of appraisal. I have bought wife, friends and family nice 1-2 ct diamonds (E-I color, VS1 - I2) for 20-30%. FYI
 
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