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Choosing the right vendor is vital in ensuring that you are being paid fairly and securely for your diamonds. In addition, we are living in a world where there are many dishonest diamond organizations, which why it is critical to safeguard yourself and work with an honest and transparent organization. Palak Diam is a trusted and well-reputed diamond company with over 8 decades of experience. Palak Diam has unparalleled knowledge of the diamond industry and we are the largest diamond buyer in the US today. Diamond buying is a distinctive field and only companies with access to the biggest diamond markets in the world are able to offer a widespread service with dependable and precise valuations from experienced specialists. This gives us the unique ability to pay you the best possible prices in the market today. Palak Diam is the most trusted name in the diamond industry today. You can send your items to us with free insurance and free delivery from anywhere within the US. All you need to do is locate your local FedEx outlet and use the shipping label we provide. Any questions can be directed to our customer service team who will be glad to help.

At Palak Diam, we would like to share the qualities in which you should look for when selecting the diamond company to work with.

 

1. Reputation and Trust

First and foremost, it is important to work with a company that is trusted and well reputed in the diamond industry. You can speak with friends in the industry and inquire about the reputation of the company. See how long they have been doing business. See if others have been happy with their service. Without trust, there is nothing.

If you want to sell melee diamonds please contact us today and one of our buying representatives will be happy to assist and advise you.

2. Experience

When selecting a company, it is essential that a buyer knows the market well and has extensive experience in diamonds. The diamond market for polished stones is detailed, complex, and is subject to many interpretations due to the inherent characteristics of the industry. Companies that have experienced professionals and an in-depth knowledge of the marketplace are best placed to offer the best prices. Experience goes hand in hand with trust. Palak Diam has over 8 decades of experience in the diamond industry, providing peace of mind when it comes to diamonds.

3. Ethics and Ease

It's crucial that the diamond vendor you choose works with a systematic approach to diamond valuation using fair and industry standard practices. They should always be willing to tell you how they have come up with their prices, and be able to go into detail if need be. They should be open and transparent about their prices, assortments, affiliations, and business practices.

The diamond market may be volatile, but your business should not be. Knowing that your vendor will consistently pay the most fair and aggressive prices in the diamond industry for your goods allow you to grow your business as well. Palak Diam whole-heartedly believes in business ethics. At Palak Diam, we even communicate changes in the market well in advance so you can be sure that you always receive the best prices for your diamonds and plan accordingly

4. Global Market Network

Most diamond companies do not have a global reach. They claim to have a large network but in reality are "flippers" that buy and sell just to make a spread. When selecting a diamond company, be sure they have a global reach. This is the only way they will be able to consistently pay top prices for your diamonds.

This is where Palak Diam distinguishes itself from the competition. Palak Diam is vertically and internationally integrated with its own manufacturing and assortment facilities. Palak Diam does not simply "flip" the diamonds purchased to other diamond companies. Instead, we have developed a global network of sales offices for the diamonds we buy. Every diamond purchased by Palak Diam is carefully analyzed and graded into finely sorted parcels based on color, cut, carat weight, and clarity. Since our parcels are well-assorted, they are desirable to jewelry manufacturers and yield Palak Diam better prices on each sale. We pass these price benefits on to the customers we buy from, which means you will achieve among the best prices in the industry when you sell your diamonds to Palak Diam.

5. Consistency

Most diamond buyers are notorious of buying when the diamond wholesale market is doing well, but seem to be "unavailable" or "busy" when the market is going through challenging times. This is what separates Palak Diam from the rest. We are always in the market to buy, both when the market is hot, and when it is not.

This is where Palak Diam distinguishes itself from the competition. Palak Diam is vertically and internationally integrated with its own manufacturing and assortment facilities. Palak Diam does not simply "flip" the diamonds purchased to other diamond companies. Instead, we have developed a global network of sales offices for the diamonds we buy. Every diamond purchased by Palak Diam is carefully analyzed and graded into finely sorted parcels based on color, cut, carat weight, and clarity. Since our parcels are well-assorted, they are desirable to jewelry manufacturers and yield Palak Diam better prices on each sale. We pass these price benefits on to the customers we buy from, which means you will achieve among the best prices in the industry when you sell your diamonds to Palak Diam.

6. Safety and Security of Goods

Honest and well-reputed diamond vendors follow extremely strict procedures when handling diamonds. You should ensure that all packages that are shipped are sent through large, insured shipping companies such as FedEx, UPS, or USPS. Diamond vendors will ask you the insurance amount and work in a very professional manner.

7. Turnaround Time

Trustworthy diamond vendors should theoretically be experienced and professional. With that said, they should be able to complete business dealings quickly. You should be wary of firms that drag out negotiations and offers to customers. These schemes are commonly referred to as "wear the client out" and "low ball" maneuvers. Also, once a deal is reached, payment should be received within 24-48 hours. Palak Diam believes in timeliness. Once you and Palak Diam agree on the prices, Palak Diam will pay you within 24 hours. With Palak Diam, you are assured a hassle-free transaction with prompt accuracy.

8. Trade Affiliations

Most well reputed and trusted diamond vendors will be associated with major trade industry organizations. These associations provide proof of legitimacy and share information about the vendor. When a diamond vendor has trade affiliations, it is an indication that the company is clear about their business practices and intentions.