If you need some quick cash and got a few glittering valuables on hand, you can visit a pawnshop. But you have to be knowledgeable if you’re pawning diamond jewelry. Diamonds are prized gems, and for a good reason.
Pawning a diamond ring or any other piece requires knowledge if you want to get the best price. Here’s what you can do to ensure a fair deal:
Clean your jewelry. This is serious business, especially if you’re looking for a good exchange. You can use a de-greasing solution made by mixing mild dish soap and water. Clean the gem once or twice a week, and always remember to use a soft, clean instrument, such as an old toothbrush for the scraping part. While you don’t really have to worry about scratches, you could surely use soft bristles to easily reach tough-to-clean nooks.
Or you can use a dedicated jewelry cleaning solution. These substances are specifically made for cleaning jewelry and you can rarely go wrong. They can get rid of even the toughest dirt and gunk. Granted you’d be shelling a few bucks, but you get what you pay for.
It’s About the Karat Marks
Diamonds are priced according to four standards. Jewelry doesn’t have four, but they’re also priced based on several criteria. But perhaps the most important of the four is the karat. Pay attention to karat markings on the piece you’re about to pawn. You can see markings like 10k, 14k, 18k, and beyond. Pawnbrokers explicitly look for these in order to appraise items accordingly.
The key is in cleaning the piece to show the karat markings. If you fail to do so, you might not get the highest price possible. Worse, the item might even be turned down. It’s really basic knowledge – would you pay for something which value you can’t be sure of?
Remember these two important tips and you can be sure to get a good deal. But remember that research is your best friend.