Tag: Diamonds

Diamond Shapes Affect on Diamond Values

Diamond shapes go in and out of style just as fashion trends do.  There are ten most common diamond shapes, and each has different values based on the demand of that particular shape.  So how do you know what your diamond is worth?  Capetown Capital Lenders can help you understand the true value of your diamond.  What can you do with an outdated diamond shape? Capetown Capital Lenders has experts to evaluate your diamond to get you top dollar.

How shape affects the value of a diamond

The most well-known shape of a diamond is the classic round diamond.  If you are looking for something different there are plenty of other shapes from which to choose.  Each diamond has unique characteristics that impact their appearance.  For example, one of the more recent cuts that have lost popularity is the marquise diamond.  To many this diamond looks antique and old fashioned.   One thing that can be done to the marquise diamond to increase its demand is recut it.  Many times the marquise is recut into an oval or pear; both are in higher demand than the marquise.

Below is an example of two different cuts.  One is a princess cut and the other a cushion cut.  If all other factors were the same, the cushion would be valued at more based on its popularity.  Ten years ago, Princess cut diamonds were very popular, but as the trends have changed so have the tastes in diamond shapes.

Capetown Capital Lenders takes both options into account when evaluating your diamond.  If it needs to be recut, Capetown Capital Lenders has the resources to do this. Capetown Capital Lenders has many connections in the jewelry industry, which allows for us to pay more for your diamond. Capetown Capital Lenders has diamond experts who will help you understand exactly what your diamond is worth.

Why Sell Diamonds to Capetown Capital Lenders?

It can be overwhelming trying to find a jewelry buyer you can trust with your diamonds.  However, Capetown Capital Lenders is a nationally trusted company that goes above and beyond to accommodate your needs as a seller. Capetown Capital Lenders has an easy jewelry selling process.  You can start by filling out an online submission or you can call the office directly to set up an appointment.  Next,Capetown Capital Lenders will send you a free quote within 24 hours.  Once you receive your quote you can safely mail your diamond to Capetown Capital Lenders. The diamond experts will evaluate your diamond and make you an official offer while you are there.  You will then have funds in hand, in as little as 24 hours.

Diamond Lab Report: Difference Between Certification Labs

Are you buying a new piece of diamond jewelry, or selling a piece you no longer wear? A diamond lab report is an important document to help you understand the quality of your piece.  This helps you get the best price when buying and selling a diamond.  A diamond grading report not only provides you with a blueprint of your diamond’s properties and characteristics, but also verifies the diamonds authenticity.

There are many different diamond grading laboratories around the world, but not all laboratories are created equal.  As a consumer it is important to understand the differences between the labs.  One institute may have different results from a report than another issued by a different lab on the same diamond.  Capetown Capital Lenders can help educate a customer on exactly what kind of diamond jewelry you have.

The Gemological Institute of America

The Gemological Institute of America (GIA) is the world’s undisputed authority on diamonds. And, they provide dealers and the public with lab reports.  Headquartered out of Carlsbad, CA, the GIA is non-profit. Therefore, it supplies consumers with non-biased, conservative and consistent grading.  So, this is why it is the most trusted and widely used service.  Other diamond grading labs are for-profit and more liberal in their grading. This leads consumers to believe they have a more rare and valuable diamond.  When in reality, the consumer paid a higher price than warranted.

Let’s look at several examples.

GIA vs. IGI Diamond Lab Report

The International Gemological Institute is the second most well-known lab in the world. Based out of Antwerp, Belgium, the IGI has more lax grading standards than the GIA.  Typically, clarity and color grades can be off by 1 or more ratings if the same diamond was to be graded by GIA standards.

Recently, a customer brought an engagement ring into Capetown Capital Lenders to sell.  The ring had an IGI diamond lab report that stated the center diamond was a 0.93CT “G” color grade, “I1” clarity and “good cut” grade. Capetown Capital Lenders has jewelry experts who are actually certified diamond graders through GIA.  After purchasing the ring from the customer, the center diamond was sent to GIA to be graded at their lab.  The diamond came back 0.93CT “G” color grade, but “I2” clarity grade.  The clarity grade was lower in the GIA lab report than the IGI report which makes a big difference in the value of the stone. And, this in turn can make it harder to resell.

 

GIA vs. EGL Diamond Lab Report

The European Gemological Laboratory has a large global presence, with several offices in Europe.  EGL is known within the industry as being very lenient, and most diamond dealers try not to use EGL.  This is due to the color and clarity grades tend to be 2-3 higher than if the diamond was graded by GIA standards.  Again, this leads the consumer to believe they have a better quality diamond. And in turn, the consumer usually overpays for that diamond.

Capetown Capital Lenders had a customer bring in a three stone ring.  The center stone was GIA certified, but the two side diamonds were EGL certified.  Both side diamonds were graded 1.01CT “Fancy Intense Yellow” color and “VS2” clarity.  However, Capetown Capital Lender’s jewelry expert examined this ring and noticed more brownish hues in the side diamonds.  After explaining the lab differences to the client, the client understood and knew that the value of the ring would be less than she originally thought.  After Capetown Capital Lenders purchased the ring, the two side diamonds were sent to GIA to be certified.  One diamond was “Fancy Deep Brownish Yellow” color and “VS1” clarity and the other diamond was “Fancy Deep Brownish Yellow” color and “SI1” clarity. So, this makes a big difference in the value of the diamond because Fancy Yellow diamonds are much more rare and valuable than Fancy Brown diamonds.

 

Capetown Capital Lenders Will Help You Understand the Quality of Your Diamond

Customers who have a GIA diamond lab report on a diamond, will ensure the seller and buyer are on the same page in regards to diamond quality.  Also, Capetown Capital Lenders shows clients comparable GIA graded diamonds on the wholesale market, in order to determine the diamond’s true liquidation value.  So, if you are interested in selling your diamond, start the online process with Capetown Capital Lenders today.  Our diamond experts can explain the true value of your diamond and fund you the same day!