Have you inherited a mysterious and beautiful diamond necklace or recently purchased an eye-catching bracelet that demands closer examination? Do you plan on purchasing diamond earrings in the future, or have you already been gifted a diamond engagement ring? Whatever form they take, there’s no doubt that “diamonds are forever” in both their beautiful appearance and significant value as a financial investment.

Are you curious to learn the true value of your diamond jewelry? Having a professional appraiser evaluate your diamond jewelry is essential to determining its value, whether you’re planning to sell the piece or pass it down through the generations.

To help guide you through the process, we’ve compiled a step-by-step guide to preparing for an appraisal of your diamond jewelry so that when it comes time to take the plunge and find out precisely what your treasures are worth, you will be well-informed and ready. Read on to discover how to prepare for the appraisal process.

Consider the Timing

When it comes to diamond jewelry, timing is everything. If you’ve just acquired a new piece of diamond jewelry and don’t know its real value, don’t show it off around town just yet. First, consider the best time to schedule an appraisal. Only a seasoned professional can accurately determine the value of your diamond, and rushing such a crucial task could lead to grave mistakes. So take a breath, savor the moment, and let a skilled appraiser guide you through this vital process. Your diamond jewelry deserves nothing but the best, and the best is always worth the wait.

Prepare Your Paperwork

Diamond jewelry is more than just an accessory — for many people, it holds financial and emotional value. Buying a diamond is an investment, and as a result, it is vital to ensure that you have all the necessary paperwork in order, no matter the circumstances. Gathering any relevant documentation, such as receipts from the jewelry store, diamond grading reports, and proof of jewelry insurance policies, can prove crucial in preserving the item’s value and authenticity over time. So before you begin the jewelry appraisal process, take the time to organize your files for your own peace of mind.

Sometimes, a piece of jewelry may be willed or gifted to you without any paperwork. Don’t worry — you can still keep or sell the item without the aforementioned documents. However, in the future, consider keeping a file on each valuable piece of jewelry you own so that you can reference it quickly and easily. If the piece has significant value, contacting your insurance company to inquire about jewelry policies may also be worthwhile.

Clean Your Jewelry

Before taking your diamond ring or loose diamonds in for appraisal, take the time to carefully clean and inspect the piece(s). Use a soft-bristled brush, mild dish soap, and warm water to gently remove any dirt or grime that may have accumulated over time. Diamond appraisals are an opportunity to show off the piece you’re so proud of, so don’t hold back on the little details. Once the piece is clean, dry it with a soft microfiber cloth, then examine the stone and setting for any signs of damage or wear. If you notice anything unusual, consider taking close-up photographs and notes.

Choose an Appraiser Wisely

The quality, beauty, and value of your diamond jewelry make it a significant investment, and it’s vital to find someone who understands this firsthand. By seeking out the services of a professional appraiser, you can rest assured that you will receive an accurate and trustworthy assessment that will help you understand the true worth of your valuable piece of jewelry. After all, the purpose of the appraisal is to learn the truth about your piece’s value, so it’s especially important to select an appraiser with experience and expertise.

Do Some Research

The value of your diamond isn’t just about its clarity, carat weight, or cut. Providing the appraiser with accurate information about your diamond’s origin can also play a significant role in determining its value. If possible, locate the country and mine of origin and verify this information. This establishes the diamond’s rarity and uniqueness, which are key factors in determining its worth. Be sure to research and provide the appraiser with as much information as possible. With accurate origin information, your diamond appraisal will be more precise and informed.

Take Plenty of Notes

The word “appraisal” is often used as a catch-all term for the evaluation process, but literally speaking, an appraisal is a document that shows a professional opinion of how much your piece is worth. By maintaining a detailed record of their diamond appraisals, owners can keep track of changes in value and gain a better understanding of the diamond’s history, which can come in handy when selling or insuring the piece. Additionally, a thorough appraisal record can provide peace of mind since owners can refer back to the document to answer any questions or resolve any disputes.

When you finally arrive at your diamond ring appraisal, the appraiser will examine each of your diamonds to determine color, clarity, carat weight, and cut, all of which are crucial factors in determining value. Make sure to ask for additional documentation if needed and take plenty of notes. 

Stop By The Jewelers Coin & Loan Co. Today

Whether you are interested in a diamond appraisal or want to receive cash for silver jewelry, The Jewelers Coin & Loan Co. is MA’s premier location. We also buy designer handbags, old paper money, and much more. Stop in today and speak with our experts, and you’d be surprised at how much value that old diamond necklace may truly have.