How to lucratively sell your sapphire?

How to lucratively sell your sapphire?

  • Why sell your sapphire back?  
  • At what point can you sell your sapphire?
  • Where can you sell your gemstone?
  • Professional help in selling your sapphire

A genuine, clear-blue, premium quality sapphire is a mesmerising gemstone that’s not only desirable from an aesthetic point of view, but also, as the financial aspect. Whether you own a sapphire and you wish to sell it, or you have previously bought one as an investment, there are various options available to you when comes to selling it. Below we explain how and where you can lucratively sell your sapphire.

Learn more about selling on via BNT Diamonds here

Why sell your sapphire back?

There could be countless reasons for wanting to sell your sapphire back. However, two primary main reasons usually prevail. For example, you may have inherited or acquired a jewel with a sapphire that holds no emotional value for you. Other people looking to sell blue sapphires are investors who specifically purchased one to sell on at a profit.

It makes no difference which category you belong to; what is important is to do your homework so you get to see the sapphire’s actual value on your bank statement, should you decide to sell it. Take into account that the price of sapphire correlates to its value. Key elements in this regard are colour followed by clarity.

As opposed to diamonds, there is no universal certificate for coloured gemstones that specifies and guarantees their value. This makes it far more complicated to determine the exact worth and price of your sapphire. However, a number of laboratories, such as the Gemological Institute of America, do have the so-called ‘Coloured Stone Report’ that states your gemstone’s generic properties.

At what point can you sell your sapphire?

You can decide to sell your sapphire at any time you like. The market for premium quality gemstones is highly specialised, one that to a lesser extent is impacted by the economy. In-depth knowledge of this sector is a must in order to determine the right time to sell. If you don’t possess this know-how yourself, seeking expert advice, such as from BNT Diamonds, is highly recommended.

You could opt to hold onto your sapphire for a longer period. Due to their rarity and forthcoming source depletion, the price of gemstones such as sapphire, rubies and emeralds consistently see an upward trend. Accordingly, they comprise a lucrative long-term investment, and as such attract many young investors and newcomers to the world of investment.

Where can you sell your gemstone?

Numerous options are available to those who decide to convert their sapphire into cash. One option are public auctions, such as eBay or Catawiki. This is a readily accessible option but is however time consuming and more often doesn’t yield your sapphire’s true worth. A second option is to sell your sapphire to a jeweller. If you go for this option, it is important to spend time choosing a trustworthy jeweller who offers 100% transparency. A third option is to approach private buyers and collectors. Admittedly, this group is harder to reach, but should you manage to sell your sapphire to these potential buyers, there’ll be a far higher return on your gemstone.

Professional help in selling your sapphire

To truly get the highest return when selling your sapphire, it is certainly recommended to seek help from gemstone/diamond specialists, such as from the BAUNAT DIAMOND team. We know the sector inside out, and can help you approach private buyers and collectors, possibly via specialised auction houses. We adopt a personalised approach and provide objective advice.

Do you want to sell your blue sapphire or another valuable gemstone? If so, make an appointment at one of our showrooms or speak directly to our team on +32 3 201 24 90.

With this article, BAUNAT strives to inform you thoroughly about investing in diamonds. No investment can be guaranteed to be without risk or fully according to your expectations. That is why we recommend to research the risks and aspects of investing in diamond properly to ensure that you make the right choice for your portfolio.

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