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Selling chipped melee


#1

We have accumulated a few carats of chipped diamond melee over the
years and would like to sell them. We can’t seem to find anyone to
pay more than $30 per/ct. I seem to remember selling some 15, or so,
years ago for $125 per/ct. Does anyone know of a buyer for these
poor little damaged stones?

Mark


#2

Hi Mark;

As far as I’ve seen, the going rate for chipped and broken stones is
$30-$60 per carat, depending on size, as some will be worth having
re-cut if they’re large enough.

David L. Huffman


#3

Hi Mark,

We have accumulated a few carats of chipped diamond melee over the
years and would like to sell them. We can't seem to find anyone to
pay more than $30 per/ct. I seem to remember selling some 15, or
so, years ago for $125 per/ct. Does anyone know of a buyer for
these poor little damaged stones? 

I was talking with Brad Simon today about this, and he said they
used to take two plastic watch crystals, bezel them together with the
chipped stones inside as a pendant, sell it as a diamond pendant, and
so recoup costs, give a nice ‘diamond’ pendant out and generally deal
with the issue with everyone happy.

best
Charles


#4

You can try Rick Shatz in NYC. Don’t know what he’s paying but it’s
worth a shot as they buy a lot of that stuff.

Daniel R. Spirer, G.G.
Daniel R. Spirer Jewelers, LLC
1780 Massachusetts Ave.
Cambrige, MA 02140
www.spirerjewelers.com


#5
the going rate for chipped and broken stones is $30-$60 per carat 

Is your $30 to $60 going rate per carat for chipped melee the asking
price or the buying price? Most of my chipped melee is below 5
points, would these prices apply?

Lee Cornelius
Vegas Jewelers


#6

Hello Lee;

Is your $30 to $60 going rate per carat for chipped melee the
asking price or the buying price? 

I don’t really know what you’re asking. I assume that’s the buying
price. That’s the most recent price I was given by a specific guy who
buys them, and I assume the range covers small to large diamonds and
would depentd on whether they can be re-cut, if they’re big enough,
or if they can only be used to make abraisives. I’ve heard those
prices before from others, so my impression is that they’re fairly
typical. You’d just have to send them and get a price over the phone,
then decide if you want to accept that.

David L. Huffman