If you need to sell your diamonds or jewelry, but there is no where local to do it, what are your options? How can you be sure about just shipping your expensive jewelry off to someone? This article tells you haw you can and what steps you can take to make sure they are legitimate.
Are you considering selling a diamond to a diamond broker located far from home? Selling diamonds often requires shipping your precious gemstones to out-of-town brokers for evaluation before the deal can be sealed. After all,
most dealers need to verify the value of diamonds before they'll make an offer and that's something that can't be evaluated without a physical inspection.
However, it's understandable that you'd be leery about plopping your diamond ring into an envelope and shipping it off. Fortunately, you do have some high value shipping options at your disposal. When it comes to selling diamonds, your peace of mind must be ensured from the moment your package leaves your door until the final payment arrives in your bank account. Below are a few high value shipping options to consider.
FedEx's Declared Value Exception Program
FedEx normally limits the standard maximum declared value of items to just $1,000 which isn't normally considered sufficient when selling diamonds. However, rules often have exceptions, and this is true of FedEx. Its Declared Value Exception program allows shippers to declare up to $50,000 on specialty items including diamonds.
In order to use this service, you must meet specific eligibility requirements such as having an active FedEx account and an existing relationship with FedEx. The company also considers your history including losses, claims, and revenue. In addition, special packaging is required for high value shipments. FedEx offers safe boxes and security boxes for these shipments.
Be aware that only a handful of FedEx locations (New York, Chicago, Los Angeles, Beverly Hills, Long Beach, and Atlanta) serve as drop-off locations for the Declared Value Exception program at the higher end of the spectrum.
Specialized High Value / High Security Shipping Services
Many shippers specialize in transporting high value items. Though some of these services cater to businesses, some offer secure transport of high value items for consumers. Many of these services offer armored security services to businesses, but some offer private shipping options to consumers. Considerations when selecting a high value, high security shipping service include:
· Reputation
· Insurance options
· Security procedures
· Tracking options
Finding the right high security shipping company for a single high value item can be challenging however. Ask people you trust such as your jeweler, banker, or affluent friends for recommendations.
Using the Diamond Buyer's Preferred Shipping Options
Many diamond buyers are aware of your concerns about shipping and selling diamonds, yet they need a means of evaluating the value of diamonds before they can make an offer. Recognizing this catch-22, many diamond buyers offer secure high value shipping options. For example, DiamondBuyers.com offers a 100 percent secure, insured shipping solution. Not only can you rest assured that your diamonds will arrive safely – or be covered by insurance if they don't – you also get added peace of mind due to the video-recorded check-in procedures.
While other shippers can get your diamonds to the facility, once the package leaves their hands, it's no longer their problem. Choose a diamond buyer that takes security seriously and has processes in place to fully document your diamonds while they are in-transit and at their evaluation facilities.
