Diamonds and Watches

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When you attempt to sell a diamond in Nashville or other regions in good condition, any industry insider, such as a diamond dealer, is likely to make an initial offer of 60% of the diamond’s “Rap value,” that is, the value according to the Rapaport Diamond Report. So before you approach an industry insider, you should get a copy of the most recent Rapaport Diamond Report and know your particular diamond’s value. The report is updated each week and covers diamonds of varying colors, shapes, grades, and sizes up to six carats. For more information on Diamond colors, shapes, grades, and size see our Guide to selling your Diamonds.

Often the dealer’s offer is far less than the diamond’s appraised value. This is because the appraiser provided the diamond’s retail value, which will always be more than Rapaport value. If your diamond’s retail value is $10,000, the appraiser is likely to appraise it at $10,000. If you ask nicely, and perhaps pay a small fee, the appraiser can also provide you the Rapaport value of the ring. It may be $4,000. It may be $5,000. You simply won’t know unless you see a relatively current Rapaport sheet listing the qualities of your particular diamond.

Hypothetically, let’s say your diamond that was appraised at $10,000 has a Rapaport value of $5,000. That means the wholesale price of the diamond would be $5,000. The average dealer would offer you 60% of the $5,000, so you should expect the dealer’s initial offer to be $3,000. As you can see, it simply doesn’t matter to the dealer that your ring has been appraised at $10,000. To the dealer, there is no reason to expect the diamond to sell for more than the Rapaport value.

However, there are plenty of reasons a diamond could sell for less than the Rapaport price. A diamond could be chipped, have scratches, or otherwise show damage. These things happen. And we know it. This is why OUR expert knowledge is useful.
Luxury watches are, unquestionably, one of the ultimate status symbols for any man. It’s an industry of exceptional craftsmanship, with many prestigious brands vying for the attention of style-conscious men the world over. Needless to say, if you’re new to the world of high-end timepieces, it can be quite daunting to know where to begin. City Diamond Exchange has lived in this world for many years and is a great place to sell your watch in Nashville.

The main thing that you’ll need to consider when it comes to purchasing a luxury watch will be how much you’re looking to spend and, fortunately, there’s a watch out there to suit different budgets. Let’s take a look at some examples of entry-level, mid-level and top-of-the-range luxury watches to showcase the various timepieces that are available on the market.
Entry Level

An excellent example of an entry-level luxury watch would be 88 Rue Du Rhone. The Swiss brand offers an exceptional array of timepieces for an astounding price, given the quality of craftsmanship that goes into their creations. Although 88 Rue Du Rhone watches are newcomers to the luxury timepiece scene, they come from industry pedigree, for they were developed by the grandsons to the founder of another established Swiss brand, Raymond Weil.

88 Rue Du Rhone watches typically retail between $750 – $1,500, which, for a luxury timepiece, sits at the entry-level end of the spectrum. Other notable brands that fall under this category of accessible luxury timepieces include the likes of Bulova, Accutron, Longines and Raymond Weil.

Mid Level

The mid-level bracket of luxury watches is more comprehensive, and most watchmakers will have timepieces that fall within this category. These beauties will typically set you back between $2,000 – $5,000, and the Montblanc, TAG Heuer and Bell & Ross shown above retail in that range. Other notable brands in this category include: Bremont, Baume & Mercier and IWC.

As you can see, there are some spectacular timepieces which can be picked up in the mid-tier bracket of luxury watches. If your finances allow, you should always try to stretch your budget as far as possible, as the craftsmanship of high-end timepieces become more exemplary as prices increase.

Luxurious and flawlessly manufactured, all the watches that fall in the mid-level bracket will definitely score you plenty of points in the style stakes, serving as an excellent status symbol for those looking to ramp up their sartorial standing.

High End

For those in the enviable position of money being no object, there is a spectacular array of high-end timepieces on the market which is, quite frankly, jaw-dropping. An impressive showcase would include watches from Audemars Piguet, Cartier and Zenith, which will set you back in excess of $30,000.

The design and craftsmanship of this bracket of timepiece truly is a cut above – you’ll definitely witness a difference in quality for such a purchase. They’ll invariably boast features not typically found on watches lower down the spectrum, such as precious metals, jewels, more intricate mechanisms and eye-catching tourbillons, to name but a few.

So, if you’re planning to purchase a luxury watch this year, this should hopefully give you a little insight into the types of watches to adorn your wrist according to your budget. Luxury timepieces really are a fantastic status symbol, and it’s a good idea to do some research into the different brands and their backstory to find the ideal timepiece to suit your personal style and sensibility. Remember Green Hills Luxury Watch Buyers buys ALL these brands. So selling your watch in Nashville has never been easier.
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