HOW TO SELL YOUR DIAMOND - FAQS
The following are some of the most frequently asked questions about the process fo selling your diamond. If your question is not answered here, please contact us at 1-877-623-9494 or
- I have a diamond for sale. How does this work?
- Can I trust you with my precious family heirloom jewelry?
- How do I know that you’re offering me a fair price?
- How do you determine the fair market value of my diamond?
What is a Certified Gemologist?- What’s the best way to send you my diamond?
- May I visit you in person to have my diamond evaluated?
- How will you pay me for my diamond?
- Will you purchase broken or chipped diamonds?
- Is there anything you are not currently purchasing?
- Do you deal with clients outside of the US?
- Is there a minimum stone size?
- Do you remove my diamond from the setting to appraise it?
- What if I don’t know the answers to the questions on the form?
- I have more questions – how can I contact you?
I have a diamond for sale. How does this work?
We want to make it easy for you to sell your diamond.
- Tell us about your Diamond by filling out our convenient form.
- We contact you within one business day with a price range.
- You send us your diamond (we pay for shipping and insurance).
- We set an exact price.
- You receive your money within 24 hours.
Can I trust you with my precious family heirloom jewelry?
Gem Dynasty is a family business that has been offering outstanding service and fair prices for over 27 years and three generations. Our continued success depends on the fact that our customers have complete confidence in us. You can count on us for discretion, courtesy and integrity.
How do I know that you’re offering me a fair price?
Our Certified Gemologists and experienced estate buyers of fine diamond jewelry will carefully inspect the cut, color, clarity and carat of your diamond. We will use GIA Standards, and our extensive information on the current diamond market to determine the highest price for your diamond.
How do you determine the fair market value of my diamond?
Knowledge is the key to a fair price in the diamond market. In addition to our 27 years of experience, we are members of Rapaport Services, Polygon and the Internet Diamond Exchange (INDEX), allowing us access to all the latest information that can affect the diamond market and the market value of your diamond.
What is a Certified Gemologist?
This is a title awarded to qualified jeweler-members by the American Gem Society. A jeweler who bears this title has studied colored stones and their identification, as well as diamond grading and appraising. In order to attain the title, he must prove his proficiency with several written examinations and a diamond-grading examination. He must also pass a 20-stone gem-testing examination without error. “Certified Gemologist” is the American Gem Society’s most advanced title.
What’s the best way to send you my diamond?
Once we have spoken to you, and you have decided to go ahead with our transaction, we will arrange a pick up from Federal Express or United Postal Service, using the address that you provide to us on the “Diamond Evaluation Form.” The shipment will be insured by Unitrans. Gem Dynasty pays for shipping and insurance.
May I visit you in person to have my diamond evaluated?
Yes! We are located at in the Jewelry District in downtown Los Angeles. Please call us at 1-877-623-9494 to make an appointment.
How will you pay me for my diamond?
We will pay you by check or cashiers check, depending on your request.
Will you purchase broken or chipped diamonds?
Yes, we are happy to consider broken or chipped stones.
Is there anything you are not currently purchasing?
We do not purchase the following items:
- Onyx
- Marble
- Turquoise
- Opal (We do make offers on larger, fine opals)
- Garnet (We do make offers on tsavorite garnets)
- Amethyst
- Pearl (We do make offers on cultured, South Seas, or Tahitian pearls in strands or bracelets)
- Topaz
- Peridot
- Aquamarine (We do make offers on finer quality aquamarine)
- Diamonds of I2 clarities or below
- Diamonds below 0.50 ct. each individually (exceptions include tennis bracelets and necklaces greater than 3.00 carats total weight with VS-I1 (or higher) clarities.
Do you deal with clients outside of the US?
Yes, we deal with clients all over the world.
Is there a minimum stone size?
The minimum size diamond that we will consider for purchase is .75 carat.
Do you remove my diamond from the setting to appraise it?
We will not remove your diamond from your setting unless we have written permission by the owner.
What if I don’t know the answers to the questions on the form?
No problem – simply leave the question blank.
