One of the most common concerns of people who wish to sell their diamonds or diamond jewellery is to know if they are being offered an optimal price for their jewellery. Unlike gold, diamond valuation is a complex process and depends on a host of factors such as carat, clarity, colour, cut, condition of the jewellery, whether the jewellery is graded and more.

The Rapaport Price


The Rapaport price is a weekly price report and a standard price list that the diamond traders use for diamond valuation. Whether you want to buy or sell diamonds in Sydney, the Rapaport price will form the basis for the valuation.

Understanding the Rap Sheet


The Rap Sheet mentions the prices of diamonds in size ranges. Diamonds weighing less than 0.29 carat do not have a grading report. Therefore, to sell a diamond ring weighing less than 0.30 carat in Sydney, you will need to look at the “parcels’, which means a combination of clarity and colour range. For bigger stones, the price is mentioned for each combination of colour and clarity. The per-carat diamond prices are in US dollar.

How diamond buyers in Sydney will evaluate your jewellery


The Rapaport price is just an indicative price. A diamond dealer will buy diamonds in Sydney by evaluating several other factors including the physical attributes of the diamond, whether the diamond is a rare quality and more in addition to the 4Cs mentioned earlier. A scarce diamond is likely to fetch you a higher price than that listed in the Rap Sheet.

Sell your diamond ring in Sydney at the best price


Most likely, your diamond will be valued at a lower price than that mentioned in the Rap sheet. However, your aim should be to sell diamonds at the optimal price. For this, you must visit a reputed dealer in Sydney who is transparent and offers a fair price. Terms of payment may also have a bearing on the price.

The simplest way to sell your diamonds in Sydney is to visit a few shops and evaluate their offer before finalizing the deal.