Can I sell uncut diamonds?

The appraisal value and the amount you can sell it for may not always match. Sell it to a diamond buyer – rough or raw diamonds need to be cut and polished before they are used in jewellery. For this reason, not all businesses will wish to buy your rough diamond.

Are uncut diamonds worth anything?

The natural quality of a rough diamond (carat, color, and clarity) determines the value of a cut and polished diamond. The cutting process is very exhaustive and requires immense skill, so raw, uncut diamonds will almost always be less expensive than a cut diamond with the same carat, color, and clarity.

Where is the best place to sell raw diamonds?

One of the most traditional choices is to sell to a pawn shop, jeweler or diamantaire (diamond dealer) at a brick-and-mortar store location. In order to make a profit as a retailer, they will pay you a portion of your diamonds' retail value, then sell them for a higher price.

What do you do with uncut raw diamonds?

Raw uncut diamonds are stones that have not been shaped into any specific form or size by a professional cutter and neither have they gone through the polishing process. After they have been mined, their quality is quite high, but they still need to be cut and polished to be used in jewelry.

How can you tell an uncut diamond?

Put the diamond under the loupe or microscope and look for rounded edges that have tiny indented triangles. Cubic diamonds, on the other hand, will have parallelograms or rotated squares. A real raw diamond should also appear like it has a coat of vaseline over it. Cut diamonds will have sharp edges.

Selling A Diamond? Know What to Expect

How much is a 9 carat uncut diamond worth?

A 9-carat diamond can be anywhere from $19,000 to well over $1,000,000, depending on the cut, color, and clarity. However, since a D color (colorless) diamond, as well as a diamond of flawless clarity, are exceptionally rare at . 001% of mined diamonds, a high-end 9-carat diamond that can be bought is about $200,500.

How can I sell my raw diamond?

You will most likely have to fill out an online form describing your gem to the company, and a representative will get back to you with a buying price. You can then decide if you wish to sell to that company, or to get quotes from other companies. A few companies that buy uncut diamonds are World Jeweler, Inc.

What if I find diamonds in my backyard?

If you ever find a diamond ring, or any lost property, don't assume that you can keep it. Always attempt to find the owner if possible, or turn the item in to the police. Most states will allow finders to keep the property if the owner does not show up to claim it after a certain time.

Are uncut diamonds real diamonds?

An uncut diamond is a stone that hasn't been carved into any specific shape by an expert cutter. Nor has it borne any polishing. So basically they are the truest form of diamonds you can have! These are the diamonds that have been collected directly from the mines and usually have a yellow or brownish hue.

Why are raw diamonds cheaper?

Simply put, rough diamonds are cheaper than their more polished counterparts, mostly because they haven't undergone an expensive cutting and polishing process. This doesn't mean they are any less spectacular; in fact, as we've said, their beauty lies in their natural and unpolished look.

How much is a 100 carat rough diamond worth?

Its pre-auction estimate was between $3.8 and $4.2M. This flawless, 100-carat diamond sold for $22 million, including buyer's premium, at Sotheby's New York's Magnificent Jewels sale on April 21. It's one of only six diamonds over 100 carats to ever be sold at auction.

Is it illegal to have a raw diamond?

It is illegal to purchase or deal in any unpolished diamond unless you are: a licensed dealer or beneficiator; the holder of a trading house licence; a licensed researcher; or.

How deep do you have to dig to find diamonds in real life?

Almost all commercially minable diamonds are formed in an area of the earth's mantle about 150 kilometers below the surface. This area is often known as the diamond stability zone, where temperatures are above 1000 degrees Celsius. There is also tremendous pressure at these depths, between 45- and 60-kilobars.

What does a diamond look like when it's found?

Shape: Diamonds found at the Crater are typically smooth and well rounded. Their shape resembles a polished stone with smooth sides and rounded edges.

What state can you dig for diamonds?

The answer might surprise you. Arkansas's Crater of Diamonds State Park is one of the only diamond-producing sites in the world where the public can search for diamonds in their original volcanic source. The policy here is "finders, keepers," meaning the diamonds you find are yours to keep.

How many types of raw diamonds are there?

There are basically two types of rough diamonds, gem quality and industrial. Technically, there's a third, but they are really just the poorest quality industrial diamonds which end up as dust in super-abrasive applications. Rough diamonds usually resemble lumps of pale colored glass.

How many sides does a natural diamond have?

The basic crystal shape, or habit, of diamond is the octahedron; a form with eight equal triangular sides, looking like two pyramids connected at the base.

Are .9 carat diamonds cheaper than 1 carat?

Since 1 carat is the most popular weight, there is a price premium on these diamonds due to demand. In comparison, a 0.90 carat diamond would be more affordable for people on a budget.

Do raw diamonds sparkle?

When a diamond is mined, nature has already determined color, clarity, and most of carat weight. But a rough diamond just looks like a transparent rock. It doesn't sparkle. It doesn't flash in rainbows.

How do you tell if a diamond is real with a flashlight?

You can tell if a diamond is real with a flashlight when the diamond is observed to successfully separate light into spectral colors, where the fake comparison stone does not.

Can you break a diamond with a hammer?

To say something is “hard” is not the same as saying it is “strong”. As an example, you can scratch steel with a diamond, but you can easily shatter a diamond with a hammer. The diamond is hard, the hammer is strong. Whether something is hard or strong depends on its internal structure.

Can you get rich selling diamonds?

Selling your diamond or diamond jewelry is a great way to earn money, but it can be an intimidating process. If you want to attain an excellent price for your diamond, it is crucial to understand and know your options before selling.