There are 2 types of appraisals that you have a choice in. You can get an appraisal done on your engagement ring because you are interested in having paperwork to keep or turn in to an insurance agent to obtain insurance. Or, you might want to know the value because you might be interested in selling your engagement ring. In both instances, Diamond Exchange Houston can help and point you in the right direction. To get started simply fill out our contact form or call us today at 281-623-1105.
Factors Affecting the Value of Your Engagement Ring
When it comes to an engagement ring appraisal in Houston, several key factors can influence the value of your ring. It’s important to understand these factors so that you can have a better idea of what to expect during the appraisal process. Here are some of the main factors that can affect the worth of your engagement ring:
- The Size and Quality of Diamonds: The size and the quality of the diamonds in your engagement ring is the most significant factor in determining its value. The “Four Cs” – cut, carat weight, color, and clarity – are the standard criteria used to evaluate the quality of diamonds. The Diamond Exchange is a diamond buyer in Houston and the main thing we focus on when we evaluate jewelry is the main diamond. The large center diamond gives the majority of the value of the engagement rings we purchase.
- Metal Type and Weight: The type of metal used in your engagement ring and its weight will also affect the value. Most engagement rings are made from either gold or platinum. The weight of the metal is also important because gold and platinum are priced by their weight. A ring with more gold or platinum will typically be worth more.
Frequently Asked Questions:
Where can I get an engagement ring appraisal done in Houston, TX?
How much does an engagement ring appraisal cost?
Where can I sell my engagement ring in Houston?
The Engagement Ring Appraisal Process
The engagement ring appraisal process in Houston typically involves several steps to determine the accurate value of your ring. Here’s an overview of what you can expect during the engagement ring appraisal process at Diamond Exchange Houston:
- Determine what type of appraisal you need. Diamond Exchange Houston can help with 2 types of appraisals. The first type is for the person needing paperwork done by a GIA graduate gemologist for insurance purposes. The typical cost of this type of appraisal is $150. Diamond Exchange Houston also offers FREE verbal jewelry appraisals for people who want to sell their engagement ring or want to know the resale value.
- Schedule an appointment for when you can bring your engagement ring or jewelry into our jewelry store. To schedule an appointment you can simply call us today at 281-623-1105 or you can fill out our contact form. If you need the appraisal done by the 3rd party GIA gemologist for insurance purposes we will help coordinate that through a trusted 3rd party that we recommend.
The Engagement Ring Appraised Value:
There are 2 different types of values for your engagement ring. There is the appraised value and then the value that a diamond jewelry buyer is willing to actually pay for your engagement ring. Here at Diamond Exchange Houston, the main product that we offer here is our engagement rings. Often times we might sell an engagement ring for $5,000, however, when we get it appraised it will often appraise for a whole lot more…. like $12,000! The appraisal that is done by a 3rd party GIA graduate gemologist will indicate the “retail replacement value”.
Diamond Exchange Houston offers amazing deals on engagement rings that are often priced at wholesale value.
Just because there is an appraised value number listed on your appraisal does not mean that someone will buy it at that price. When we buy diamonds at Diamond Exchange Houston we will pay less than the wholesale price of that engagement ring. We offer FREE estimates to customers that might be interested in selling diamonds and engagement rings.
Schedule A Jewelry Appraisal Today
If you are interested in getting an appraisal done today please contact Diamond Exchange Houston. We will be happy to discuss with you which appraisal will work best for your engagement ring based on your needs. The best way to reach us is to schedule an appointment today by calling us at 281-623-1105 or by filling out our contact form. Diamond Exchange Houston is known as the best place to buy and sell diamonds in Houston.