How to sell Diamond: 6 Easy Steps

Get It Appraised: Visit a trusted jewellery Buyer or certified gemologist to determine the diamond’s value based on its 4Cs (Cut, Clarity, Color, Carat).
Verify Certification: If your diamond is certified by organizations like GIA, IGI, or SGL, it will enhance its value. If it’s not certified, consider getting it evaluated and certified by a reputed lab in India.
Understand Market Trends: Research diamond prices online or visit local jewelers to gauge the market rate for diamonds of similar quality.

Companies like us BMG GOLD COMPANY or similar services often buy diamonds directly.
These businesses provide quick assessments and immediate payment.

Use platforms like BMGGOLD.com , or BESTMONEYGOLD.in to list your diamond for sale.
Ensure your diamond is photographed well and accurately described.
Opt for platforms with buyer protection policies to ensure safe transactions.

Sell directly to individuals through word of mouth or social media.
This can potentially fetch a higher price but requires careful negotiation and precautions.

Clean Your Diamond: A clean, sparkling diamond attracts better offers.
Gather Documents: Include certificates (e.g., GIA or IGI), purchase receipts, and any other relevant paperwork.
Take High-Quality Photos: Capture the diamond’s brilliance and details for online listings.

Be prepared for buyers to negotiate. Set a realistic asking price based on your appraisal and market research.
Ensure transparency by providing all relevant details about the diamond.

If meeting in person, choose a safe, public location (e.g., a bank or jeweler’s office).
For online sales, use platforms that offer secure payment options and insurance for shipping.
If shipping the diamond, use a trusted courier service with full insurance.

Keep a record of the sale for tax purposes. While individual diamond sales are usually exempt from GST, check if capital gains tax applies.
Obtain a receipt if selling to a business or jeweler.