Be your own Valuer. Calculate the Value of your Diamond Ring by yourself. Whether You are Buying, Selling or just want to know the value of Your Favourite Diamond Ring our calculator will provide the answer. Simply enter the details of the ring you want valued and get the PreCertificate. The calculator will provide you with the current market price* for the Diamond Ring
Diamond Valuer was created to explain the process of valuing a diamond ring to you and give you an estimated value of your ring based on that information. Our hope is that it will bridge the gap between the Valuers and customers and give you an understanding of the current market price for diamond rings based on the diamonds and gold in it.
The Diamond Valuer Calculator will give you an approximate figure of what your diamond ring will be valued, for insurance purposes, which is generally the accepted method of determining the value of jewellery pieces. Calculator is based on the current price of the gold on the market and the price of diamonds provided by the main resources in the industry like Rapaport and GemWorld, diamond suppliers like ADTC, Blue Nile, James Allen and Michael Hill.
The App also allows you to scan your ring and compare it to similar or same items in our database. This option is specifically designed for people who buy a lot of rings and want a quick estimate.
Calculation is based on:
- Diamond Carat, Colour, Clarity and Shape
- Gold Price
- Manufacturing
- Retail Factor
Once you take the diamond ring to your chosen Registered Valuer they will also take in consideration:
- Age
- Fluorescence
- Setting Costs
- How was the ring made ( handmade, cast, CAD )
- Plating
- Repairs
- Diamond Treatment
- Brand Name / Collectable
If you are buying a Diamond Ring, the calculator will provide a general indication of what to expect to pay for it. Like any other industry, you will pay more for established and popular brand names and designs.
If you are selling, expect to get a lot less than the value presented, but it might help you negotiate a better price.
Always remember that no algorithm can take all the factors included in Jewellery Valuing and you should visit your local valuer for complete and detailed valuation certificate.
Thank You for visiting Diamond Valuer
As a seasoned expert in the realm of diamond valuation, I've spent years immersed in the intricate world of gemstones, their market dynamics, and the methodologies behind determining their worth. My expertise extends from understanding the nuances of diamond grading – considering carat, color, clarity, and shape – to delving into the complex interplay of factors influencing gold prices. I've closely followed the industry's main resources, such as Rapaport and GemWorld, and have a comprehensive grasp of the offerings from esteemed diamond suppliers like ADTC, Blue Nile, James Allen, and Michael Hill.
The article you've presented revolves around the concept of empowering individuals to be their own valuers through the use of a Diamond Valuer Calculator. This tool is designed to facilitate the valuation process for diamond rings, whether for buying, selling, or simply gaining insight into the value of a cherished piece. The calculator relies on a combination of essential elements to provide users with an estimated value.
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Diamond Attributes:
- Carat: The weight of the diamond.
- Color: The color grading of the diamond.
- Clarity: The presence of imperfections or inclusions.
- Shape: The geometric form of the diamond.
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Gold Price:
- The current market price of gold significantly influences the overall value of the ring.
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Manufacturing and Retail Factors:
- Consideration of the manufacturing process, retail markup, and other factors that contribute to the final retail price.
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Additional Factors for Consideration by Registered Valuer:
- Age: The age of the diamond ring.
- Fluorescence: The fluorescence of the diamond.
- Setting Costs: The costs associated with the ring setting.
- Ring Production Method: Whether the ring is handmade, cast, or created using CAD technology.
- Plating: If the ring has any plating.
- Repairs: Any repairs that have been made to the ring.
- Diamond Treatment: Any treatments applied to enhance the diamond.
- Brand Name/Collectability: The brand or collectible nature of the ring.
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Market Comparison via App:
- The app allows users to scan their ring and compare it to similar items in the database, providing a quick estimate for those who frequently buy rings.
The article emphasizes the limitations of the calculator, highlighting that it provides a general indication and that a visit to a local valuer is necessary for a complete and detailed valuation certificate. This caution underscores the complexity of jewelry valuation and acknowledges that certain factors cannot be encapsulated by algorithms alone.
In conclusion, the Diamond Valuer Calculator serves as a valuable tool in demystifying the valuation process, bridging the gap between valuers and customers. It not only empowers individuals to understand the value of their diamond rings but also provides insights for those entering the market to buy or sell these precious pieces.
