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15 Fascinating Facts About Diamonds

At MJ Gabel, diamonds are our specialty. These beautiful gems are easily recognizable, passionately sought and unsurpassed in beauty. You probably know that diamonds are the hardest natural substance found on the Earth, but here are fifteen more fascinating facts about diamonds you may not know: Facts about Diamonds The Cullinan diamond (discovered in South Africa in 1905) is 3,106.75 carats in size, making it the largest rough gem-quality diamond in the world. An estimated 147 million carats of diamonds were produced from mines worldwide in 2018. Although diamonds originate from 25 countries, the top producers are: Australia, the [...]

2019-06-21T17:55:38+00:00June 20th, 2019|Know Your Diamond|

How to Sell My Engagement Ring

Everything you need to know if you are considering selling your engagement ring! The decision to sell an engagement ring is not always an easy one. Sometimes a couple’s relationship has come to an end. Other times the seller is letting go of a family heirloom for financial reasons. There are many ways to sell a diamond engagement ring, including private buyers, jewelers, pawnshops, or an online diamond buying company. At MJ Gabel, we’re not here to judge but to educate you that with each of these options, there are advantages and disadvantages. Let’s take a look at these [...]

2019-06-21T17:59:00+00:00June 20th, 2019|Sell Diamonds|

What Is My Diamond Worth?

The essentials on getting the most for your diamond and other precious gems While we all know it’s impossible to put a price tag on the emotional value of a diamond, you may be surprised to learn that assigning tangible worth to the gem can be tricky too. Calculating a diamond’s value is a complex process that can easily be done incorrectly. If this happens, you most likely will be the one negatively impacted by the error. Therefore, when it comes to selling a diamond, it’s critical you put as much thought into selling as the original purchaser put [...]

2019-06-21T18:00:11+00:00June 19th, 2019|Diamond Industry, Know Your Diamond, Sell Diamonds|

Diamond Appraisal 101 – Understanding the Basics

An appraisal is an opinion of value for a particular market on a particular date. It is usually in printed document format, describing all qualitative and quantitative attributes necessary to reach the value conclusion. The most likely reason clients request an appraisal of their ring is for insurance purposes should the diamond need to be replaced or repaired. However, there are other reasons for diamond appraisals too, including: estate tax valuations, value comparisons, liquidation or curiosity. No matter the reason behind the appraisal, it’s important to find a qualified appraiser. There are no laws that require jewelry appraisers to [...]

2019-06-21T17:57:56+00:00June 17th, 2019|Diamond Appraisals|

The Reveal of a Diamond Appraisal

Many diamonds today come with handy paperwork known as an appraisal. It is explained to many that the dollar amount on the appraisal is the “value” of your diamond. It is important to understand fully what a diamond appraisal is for, and what the value of the appraisal represents when it comes time to sell your diamond. An appraisal of a diamond is like any other appraisal done on a piece that carries value and may be covered under ones insurance. The appraised amount of a diamond is one that has been assigned to the piece in the event that [...]

2019-04-15T15:11:46+00:00April 15th, 2019|Diamond Appraisals|

Selling Jewelry Online

When individuals begin the process of selling an unwanted diamond engagement ring, many are unsure where to turn. A few options typically come to mind, however: a jeweler, pawn shop or gold exchange, Craigslist or eBay, or an online diamond buying company. Here, we’ll look at the latter option. There are many online companies that specialize in buying fine diamond jewelry. The greatest advantage here is that you are working with a company who is educated and knowledgeable about buying fine jewelry, allowing them to make a more aggressive offer. At MJ Gabel, for example, our staff are all GIA [...]

2019-04-08T21:26:11+00:00April 8th, 2019|Jewelry|

What Makes a Rolex Special?

From rap songs to the wrists of royalty, Rolex reigns supreme as the number one status symbol of the watch world and beyond. Beside their lofty price tags (starting price of about $6,000 new, directly through Rolex), what is it that makes this luxury brand so special, though? Rolex aficionados often point to the brand’s long history (it was founded by Hans Wilsdorf and Alfred Davis in 1905), the tradition of functionality and versatility over fashion, attention to fine detail and extreme durability. They’re also extremely hot in resale and auction space right now, with a rare Rolex Cosmograph Daytona [...]

2019-04-08T21:13:20+00:00April 8th, 2019|Rolex|

Understanding the Differences in Diamond Shapes

There are ten shapes that diamonds are most commonly cut in. Each shape is uniquely different and has its own special attributes. The diamond shape is truly a personal preference; you cannot go wrong in your choice (as long as it makes you happy!). At MJ Gabel we buy and sell all shapes of diamonds and are happy to educate you on the differences; here’s a start: Round = Traditional.  Round-shaped diamonds are the most popular in the United States and considered a traditional, classic choice. The round brilliant cut has been around since the 1700s and has evolved over [...]

2019-04-03T19:29:53+00:00April 3rd, 2019|Know Your Diamond|

How to Sell Your Diamond Jewelry

It can be challenging to sell your diamond jewelry, not only because of the emotions involved, but also the many questions about the process. How will I get the most money? Who can I trust? How can I avoid getting taken advantage of? Rest assured, if you’re reading this you’re well on your way to making a wise decision. As a seasoned partner of a respected family-owned company, allow me to provide special insights and tips to help you prepare for selling your diamond jewelry. Work with a company that puts the person ahead of the piece. When choosing a [...]

2019-02-04T18:19:56+00:00January 30th, 2019|Sell Diamonds|

Four Steps to Buying a Diamond Engagement Ring

While our primary focus at MJ Gabel has always been working with clients to sell fine diamond jewelry, we often get questions from clients looking to purchase a new diamond engagement ring. When it comes to buying a diamond engagement ring, these are the four steps we recommend when buying an engagement ring: Create a budget. Making a diamond engagement ring budget before setting foot in a jewelry store is important. If you don’t have a budget in mind, you’ll be more likely to overspend on a diamond engagement ring. You wouldn’t go to a realtor without knowing your budget [...]

2018-12-17T15:55:31+00:00December 12th, 2018|Buy Diamonds|