Never buy diamonds before appraisal

Never buy diamonds before appraisal

  • Posted on August 27, 2017
  • /Under Shopping

To get an opinion about the gemstone you buy, there are chances of acquiring the perfect ones for you. There are appraisers who help you out in finding the right stone which is worth millions. Appraisal is basically an opinion of the market experts who comment about the value of the stone. The diamond appraisal firms are there which have been making there presence felt among the diamond buyers.

Gem identification is essential and you also have to consider which grade the stone gets. Color factor of diamond is also a determinant. So, there are various factors which the diamond appraisal firms are undertaking. Importance of these appraisers has been rising to very high levels, and this is essential in current market environments which are highly unstable.

What is the need for an appraiser?

You require an appraiser in many ways and it is equivalent to getting a second opinion about the diamond you are buying. The appraisers give you out the right value of the stone so that you can get it insured in the right price. There are many appraisers out there but you need to get the right firm to for an apt estimation.

What are the risks in finding an appraiser?

As such there is no problem in finding the right appraisal firm but you have to ensure about the aptness of the estimations. There are times when your jeweler will also act as appraiser and you will end up paying high insurance premiums. So you need to be very watchful in getting the right worth of the diamond.

There are ample reasons for which you should be getting the diamonds appraisals as per your set price range. Check out the following reasons for having the appraisals:

  • You should get the diamond ensured so that right replacement can be acquired
  • Second hand market also offers you great price in case you wish to shell it later
  • Market value of the stone is apt

An appraiser will weigh the piece of jewelry so that right value of metal can be determined. Weight of the stone will also be gauged that will be based upon the 4Cs of diamonds – carat, cut, clarity and color.

Based upon the above criteria, you will get the apt estimation of the price of the precious diamond. Therefore, you can also grade the stone as well based upon the estimations of the appraisers.