For the uninitiated, selling or even buying jewelry is a daunting thing to do. Selling in particular can be very stressful for the regular person because they have no idea about the correct range of appraisal of their item. Buying isn't as fickle because jewelers tend to sell jewelries and precious stones in a price that other jewelers would also agree on.

A person who simply wishes to sell their blue diamond or any other precious stone will soon find out that it's not so easy after all. Queries on the World Wide Web such as "Where can I sell my engagement ring?" isn't something new. Unfortunately, a lot of people who claw their way around the Internet trying to sell their item end up selling too cheap or lose their item altogether because of scams. Here are some reliable and quite common ways to sell precious jewelries.

 1.    Second party sellers

Putting an item up for sale on websites that facilitate buy and sell of items is a viable option. These websites ensure that the trade runs smoothly and is to be completed without any issues. Sometimes however, this system can be exploited both by buyers and sellers. Though quite common, it might sound too risky especially if the site doesn't have an immaculate reputation.

 2.    Jewelers

Local jewelers can provide the most convenient means of selling jewelries. Selling to them is practically just going to the shop and await for their appraisal. If the price sounds right, trading pushes through. If the price is too low, then it's up to the seller to decide where to go next. In exchange for convenience, the downside of this method of selling diamonds is that appraisals typically aren't going to make sellers jump for joy. Jewelry owners who wish to sell their items should know this trade-off before even considering of going to the local jewelry store. Surprisingly however, a lot of people prefer to take advantage of the convenience of this method.

 3.    Internet buyers.

Unlike the first option on the list, buyers directly purchase the item instead of putting it up on their site to sell to someone else. These companies are generally a subsidiary of large diamond selling companies. They exist to ensure that their parent company gets sufficient supply of diamonds that they can sell. Companies like Speedy Diamond jewelers have been around quite a while, so they're quite reliable as can be confirmed by several reviews and customer testimonies. Even though the company mentioned has a good track record, it's still a good idea to learn more about them before pushing through.

Although not as simple as selling to jewelers, it's only slightly less convenient. The trade only entails sending the item through mail, wait for them to appraise the jewelry and then agree on a good price. It's basically just selling to jewelers by mail. But one glaring difference is that these companies can afford to appraise items at a higher rate compared to local jewelers.