- Why sell gemstones?
- Where can you sell gemstones?
- When is a good time to sell gemstones?
Gemstones such as diamonds, sapphires, rubies and emeralds are rare and highly sought after by collectors and jewellers. Due to the fact that gemstones are natural products with a finite supply, they continue to increase in value over the long term. Buying and selling gemstones can be such a lucrative activity. Are you planning to sell your gemstones? In this article, we'll explain what to bear in mind if you are looking to sell your gemstones at a healthy profit.
Why sell gemstones?
Gemstones are often processed and used in jewellery, largely because of their aesthetic and sustainability credentials. They are cut and faceted to a particular cut, depending on properties such as colour, shade, inclusions and fracture surfaces. Diamonds, sapphires, rubies and emeralds also have their own specific symbolism, which gives the jewel its unique value. Jewellery containing gemstones is often considered an heirloom or is given to celebrate a significant event or to milestone in someone’s life. Diamonds, for instance, are a popular choice for engagement rings.
If you are looking to turn the value of your gemstone or diamond, sapphire, ruby or emerald jewellery into cash, you might decide to sell your gemstones. Your gemstone could realise a sizeable value, depending on its quality. Investors who purchase gemstones intending to sell them on later for a significant return also sell gemstones regularly.