The Diamond Marketplace Blog

A Guide to Selling a GIA Graded Diamond on Diamond Marketplace

Written by Diamond Marketplace Writer | Nov 2, 2023 10:12:15 AM

Welcome to the world of hassle-free diamond trading! If you’re reading this, it's likely you have a GIA-certified diamond you want to sell. It's also likely that you're looking for a transparent, simple, and efficient way to do so. Look no further; you've come to the right place! At Diamond Marketplace (DMP), we pride ourselves on being the first Customer-to-Customer platform solely focused on the diamond trade, making the process both transparent and lucrative for you.

Let's delve into how selling your diamond on DMP is a smooth, straightforward experience.

Step 1: Get an Instant Valuation with Your GIA Number

Forget about the lengthy and cumbersome processes of getting your diamond evaluated. At DMP, you can get an immediate valuation by simply entering your GIA number. Our cutting-edge pricing algorithm compares your diamond with similar ones on the leading online diamond retailer sites. This ensures that you get the best possible price for your gem, based on up-to-the-minute market data.

Step 2: List Your Diamond Without Sending It Away

One of the biggest concerns people have when selling valuable items like diamonds online is the issue of trust. Unlike most vendors that require you to send in your diamond for evaluation, DMP allows you to keep your gem securely with you until you're ready to sell. All we need is a verification of ownership, and you're good to list your diamond and wait for bids from potential buyers.

 

Step 3: Authentication and Verification

Transparency and trust are the cornerstones of DMP. Before any sale can be completed, all diamonds must be verified for authenticity and matched to their GIA grading report. This step is crucial not just for the buyer’s peace of mind but also to uphold the integrity of our platform. So, once you agree to a bid, you will send your diamond to DMP for this thorough verification process. Rest assured, our authentication is carried out in partnership with the leading experts in the field, the Gemological Institute of America (GIA).

Step 4: Secure Payment Transactions

Once your diamond has been authenticated and the buyer confirms the purchase, DMP will handle the payment transactions securely. The money will be transferred to you promptly, minus a transparently quoted, standard transaction fee. This fee is only charged after the transaction is complete, ensuring you understand exactly what you’re paying for.

Why Choose DMP?

  1. Best Price Guarantee: By cutting out intermediaries, who often take 50% or more in margins, we ensure that most of the value is returned to you, the seller.
  2. No Upfront Costs: You only pay a fee after your diamond has been successfully sold.
  3. Complete Transparency: Our free, intuitive price comparison engine shows how our quoted price stacks up against other merchants' offers.
  4. Peace of Mind: With direct partnerships with GIA, we ensure complete accuracy and confidence for both the buyer and the seller.

We understand that selling a diamond is not just a financial transaction but also an emotional one. At DMP, we offer unmatched ease and convenience with assured peace of mind. So why wait? Start the process today and experience the future of diamond trading.