Diamonds have been used in jewellery making for a very long time. They are popularly used to make engagement rings because they are believed to signify everlasting love. Since diamond jewellery has been used for many years, there are several antique pieces of diamond jewellery that can be found today. Some of the most popular antique diamond jewellery belongs to the collection of Crown Jewels owned by the Queen of England.
For centuries, diamond jewellery has been a part of the jewellery collection of affluent people because they reflect the social standing in society. It’s quite possible that diamond jewellery has been passed down from one generation to another as a family heirloom in the family. Therefore, you or your family may have certain ornaments that are old and are made of diamonds. But how do you get to know the value of those diamonds? It is important to know the exact value of the diamonds so that you can get a fair deal if you plan to sell it.
The resale value of a diamond is significantly lesser than the amount in which you first purchased it. However, the resale value of diamonds depends on a lot of factors that determine its value. In order to determine the value of the diamonds, it is important that you get in touch with a trusted jeweller such as the hatton garden jewellers. They will evaluate your diamond and give you an estimate of the price you should receive if you sell it.
The price of old diamond jewellery depends on several factors such as its rarity and the 4C’s of diamonds. Antique diamond jewellery can cost a lot of money for two reasons, one because it is antique and two because the diamonds used to make it are rare. Jewellery made of extremely rare diamonds, such as a pink diamond, will be worth more than its original price when it is being resold. On the other hand, jewellery made of regular colourless diamonds will sell at a price that is lower than its original price.
The four C’s of diamonds also play a huge role in the value of a diamond. The carat of a diamond is the weight of the diamond and the heavier the carat, the more it will cost. The next is the colour of the diamond. The colourless diamonds are more precious than the diamonds with a yellowish tinge. The cost of the diamond also depends of the clarity or how clear the diamond it. Diamonds with slight impurities and inclusions will fetch you lesser money as compared to diamonds which are clear and flawless. Finally the cut of the diamond that determines the brilliance of the diamond is also an important factor that affects the value of the diamond.
Another factor that determines the value of diamonds used in diamond jewellery is the source from where you purchased it. An item purchased from a reputable source, such as diamond and sapphire engagement rings hatton garden, will be worth more than the ones purchased from a non reputable source.