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today we're gonna find out how much a
diamond is really worth I mean it's
really worth for a normal person who
wants to sell his secondhand ring last
week I found this ring in the sea and
there is a diamonds on it or supposed to
be diamonds so the marks inside the ring
says on this side 750 which means 18
karat gold and if I turn it on the other
side there is written D which is diamund
0.74 karats GCT diamonds are very
expensive they are renowned for being
one of the most expensive gemstones in
the world but how much is a diamond
really work for a normal person who has
a diamond and wants to sell it for
example you're all engagement ring or
some old ring that you want to don't
want to use them anymore spring is very
consumptive it's not in a good shape
anymore basically I want to find out
what's the best way to sell a secondhand
ring
removing the stone selling it whole I
don't know yet what should you do with
your old diamond ring if you want to
sell it should you remove the stone and
sell it the diamond separatory or your
should you sell all together okay Here I
am it my ring
we are going to try to sell it in a few
jewelry's this is the area of jewelry
try to ask in the shops if they want to
buy this
hello yes and do you buy this
through Yasir yes
limit your life
how much is the diamond worth 10,000
10,000 too much too much again
the diamonds good no good no good no why
why no good yellow is a yellow diamonds
5,000 5,000 is not bad I mean 5,000 is
not bad but seven No
okay let me try to ask someone okay I'm
positively impressed because I had the
first offer at five thousand hundred
dollars which I totally didn't expect so
five thousand is not bad it's like seven
hundred US dollars
let's try to another shop
I'm trying to sell this spring and
interesting how you want to tell
yourself yes don't provide yeah thanks
so this shop didn't want to buy it's
very subjective now I just saw my old
friend here hey
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I used to sell here some gold a few
years ago yes how are you fine all right
yeah ever I even you ring up too many
years ago see you I have this ring yeah
and I was trying to understand how much
I can sell it for your way sorry what
Joey no no it's not a oh I find in the
Sears oh wow you finally see yes yeah
what do you think for this this thing is
around eleven thousand eleven thousand
to buy no I don't buy because it was no
certificate you have to buy which
certificate yeah you shall do your
friend so yeah if if I have the
certificate this is worth eleven
thousand but yeah without no is cannot
cannot cannot cannot yeah firstly you
take the certificate even you go to
anywhere to sell you need a certificate
yes yeah we thought that okay nobody
what you want to buy so amazing the
second evaluation was eleven thousand
Hong Kong dollars which is around thirty
one thousand three hundred US dollars
but I didn't have the certificate so he
suggested me to go to make the
certificate so after I can send this for
for more it's a good idea I think that I
would go to make the certificate okay so
now so here right now at GI a
Gemological Institute of America and I
am waiting for my ticket to be prepared
so I can discuss my stone with them
hi guys I'm back home with the diamond
ring I didn't have the time to make a
video when I came out of the GI a office
in central because the office was
closing anyway it was late so I didn't
want to destroy the ring because I've
been offered $5,000 for the whole ring
they I'm going to ask in a few more
shops if they will buy the ring just to
check what the evaluating price I will
ask in a pawn shop since I am going to
the to the GI ei today I will bring them
also this bag which is full of all those
diamonds that I found in the years in
the Rings these these diamonds all come
from gold rings from which I have
removed the stone field the report is
proportional to the weight in carats of
the diamonds so so for example from
point 15 two point twenty two is two
hundred and thirty five hundred or is
around 30 US dollars and then increasing
point twenty three point thirty point
between point forty and forty nine is
three hundred and twenty so it's always
increasing the bigger the die among the
more expensive pawnshops
the price of this animal
ring
I was thinking vent out
10,000
three thousand
let me think about it
think about
okay I think thank you very much
oh we got our second offer for nine
thousand and nine thousand is he's very
good he's four thousand more than the
other jewelry where I asked before and
they offer me five thousand so now I
want to go to the GI a to get the stone
evaluated because I think that it might
be more than nine thousand here we are
so now I am at the GI a of this and I
will first ask them to check the
diamonds in the loose bag because I
don't want to unmount the diamond from
the ring now that I have been offered
nine thousand dollars I want to be sure
that it's worth more than that otherwise
I will just sell it as a whole ring to
the pawn shop for nine thousand so first
let's set the other ones evaluated and
then I can take a decision also for the
Rings so here in the leaft after being
the office of the GI a they didn't allow
any camera inside but we had a long talk
and basically they didn't want any small
diamond because he's not worth to make
the report the only diamond that I left
them is a loose diamonds
point forty two carats and so after
three weeks I will have the result and
it's a very long time this is an area
with many diamonds and jewelry shops so
I will ask them
so here during is a display of smaller
stones and they are exactly like the
quantity I gave now to the Gea
so they will have the certificate so I
will try to ask them if I have the
certificate you will not buy
okay they all said no nobody back they
don't buy them they don't buy they said
no although like six or seven shops or
no we don't buy no no no no no and they
would not buy the small ones without
certificate and even the large ones with
the certificate
nobody buys diamo everybody only sells
them so I don't know this making a
certificate thing is it worth or not I'm
changing my mind actually what do I do
with the diamonds with a certificate if
nobody wants to buy them you know what I
think I wasted enough time already with
this diamond thing they don't want to
buy them even if you have a certificate
so there is no point in waiting three
weeks to know what's the result for the
small stone in order to make the new
certificate for the big stone I'm gonna
sell the ring today to the pawn shop
that after me nine thousand and that's
the end of it so I think that you just
have to find a good shop that makes you
the best price don't sell it to the
first offeror bye bye from golden dives
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