Even if you have an insurance appraisal, the whole diamond pricing process is confusing. This infographic by Pawntique, the online pawn shop, explains what you should expect to get for your diamond if you sell it or pawn it.
Ever wonder why a jeweler is selling a piece for a certain price, yet it is appraised for twice the amount? If the jewelry were appraised for a higher amount then why wouldn’t the jeweler price the piece in regards to what it is appraised for? After all, the appraised value is what jewelers are telling you your future purchase is worth.
The jewelry market tends to have the highest markup in the retail business and it seems this industry deliberately attempts to confuse the public. So in an attempt to demystify diamond valuations, we created an infographic to help our clients understand just how much they really can get when selling their diamonds.