That's What We Call a Rock

During a recent Christie's New York  Spring  auction sale, a diamond, called the Princie Diamond was sold for more than $39.3 million dollars this past week. The diamond is a 34.65 carat fancy intense pink cushion-cut diamond.

This price is a new record for Christies for any price of a jewel every sold. To read more about the origin and the history of this diamond, click here.

But that wasn't the only diamond that seemed to draw big buyers in at the auction. Here is a roundup of some of the other impressive jewelry sales. 

 

• A diamond ring by Harry Winston sold for $3.3 million. The ring was set with a marquise-cut diamond, weighing approximately 23.30 carats, flanked on either side by a tapered baguette-cut diamond and mounted in platinum (source: Christie's)

•  A three strand natural pearl necklace sold for $1.1 million 
  
• An 11.39 D Color internally flawless Emerald Cut Diamond fetched  $1.3 million

• A Harry Winston Diamond and Emerald Necklace was sold for $1.2 million
  

The auction took place in New York on April 16th.  Apparently, diamonds were the star of the show.  For more about the auction, visit www.christies.com

Sell Your Diamonds

Whether you have a piece of jewelry with no sentimental value, or a something that is not your style, or if you just need the money, Atlanta Gold & Silver not only pays for your gold, we pay you for your diamonds.

We understand, however, that parting with your precious stones can sometimes be a difficult choice.  We want to make sure you that you are ready to sell and happy with what we give you.  Here are a few reasons, why you should sell your diamonds to Atlanta Gold and Silver.  Loose stones, round cut, pear, emerald, marquis, brilliant and more. We buy diamonds.

Whether you sell to us or choose somewhere else, here are some tips to keep in mind before you sell your diamonds.

• Find a place you trust. This will make the process much easier and fast.  You don't want to regret your decision to sell moments after the transaction.  
• Be realistic but have a price in mind. Unfortunately, it may be almost impossible to sell your diamond for what you or someone else originally paid for it.  But, if you do know a little bit about the stone (is it GIA-certified, what is the cut, color, clarity and carat weight), you will be in a much better position. 
• Make sure you want to sell this piece.  Sometimes our clients decide that they the sentimental value exceeds the amount of money we can pay them. That is okay!   You have no obligations to us or to any other place. 
• When it comes to the value of diamonds, there are many factors a diamond buyer must consider before setting a purchase price. Aside from the size, color, cut, clarity and shape of the diamond, the value depends on the economy and the marketplace. As with gold prices, supply and demand of diamonds fluctuates. 

Call us today to find out more about selling your diamonds for cash in Atlanta. 

Maker's Mark: What do they mean?

Trying to identify a mark on your jewelry?  Here is a quick cheat sheet for metals.    While most modern day jewelry will have a mark to identify its purity or metal, it is possible some older pieces such as antique and estate jewelry will not.  So, don't be too quick to dismiss a piece of jewelry as valueless.

The basic breakdown: 

925 or Sterling:   Sterling Silver

10kt or 10K:  10 Karat Gold 

14 KT or 14k : 14 Karat Gold 

18KT or 750: 18 Karat Gold 

14KT GF or 1/20 12 KT GF: Gold-Filled. Generally these are made with a hollow center that is covered in gold.   Gold-filled is higher quality than Gold-Plated or GP.   

At Atlanta Gold & Silver, we do buy gold-filled jewelry but not gold-plated.  Due to the content of gold, we will generally purchase the gold-filled jewelry at the same price as sterling silver jewelry.