Understanding Your Gemstone Valuation
After receiving a gemstone valuation, it’s crucial to manage your expectations and approach the next steps with careful consideration. Remember that emotional responses can cloud judgment.
Verifying Gemstone Authenticity
It's essential to confirm the authenticity of your gemstone. To do this:
- Consult a professional gemmologist. You can seek an independent assessment or utilize our app's gemmologist finder service.
Confirming Parameter Accuracy
Re-verify that you have accurately entered your gemstone's parameters:
- Compare the parameters you initially entered with those presented in the valuation report. Slight variations in grading are common, and can significantly affect the price. For example, clarity may be assessed by a different gemmologist as SI2 instead of SI1, resulting in a different valuation. Be prepared for potentially divergent price estimates.
Negotiating and Evaluating Offers
When engaging with potential buyers or sellers, be prepared for counter-offers and be ready to discuss and explain your valuation. Keep in mind:
- Always scrutinize the arguments of the other party. Do not accept assertions without clear and verifiable evidence.
- Respect the price offered by a potential buyer, even if it’s below what you believe to be the market value. The current market and liquidity can greatly influence a gem's immediate selling price. Buyers or investors often factor in risks associated with holding a gemstone, such as market fluctuations or extended holding periods while waiting for a buyer. These factors will affect their offer.
By taking these steps, you will be better prepared to navigate the gem valuation process with clarity and confidence.