Tag Archives: what to do with rejected engagement ring

Diamond No-No’s

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So you’ve got a diamond.

A beautiful, sparkling, glorious diamond.  It can twinkle in the dimmest of light.  It can turn heads from across the room.  It is absolutely perfect.

Except for one little thing.  It has __________.

“Well, what’s the ‘blank’?” you indignantly wonder.  “My diamond has great specs!”  That may be, but there are factors that go beyond just the basic 4C’s that can have a surprisingly drastic affect on a diamond’s value. 

Let’s now take a look at some of the most prevalent and also some of the more obscure things that can negatively impact your diamond and its overall resale value.  

Fracture Filling

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If your diamond has undergone fracture filling, you yourself may end up filled with despair.  This is a process that is applied to natural diamonds to essentially ‘fill up’ internal cracks within the stone (to improve their clarity – ergo, this is a brand of “clarity enhancement”).  The fractures are filled with a substance (a lead oxychloride glass epoxy) that has a similar refractive index to diamond (thereby maintaining its normal sparkle), in order to best mask the flaws to the naked eye.  If these cracks run all the way up to the surface, the glass-based glop can just be injected right in; if not, then the stone must be “laser drilled” to get in there (we’ll get to that whole practice in just a minute).  “So, what’s so bad about that?” you justifiably may be thinking.  The problem is this; the solutions used to fill in those fractures do not have the same remarkably high heat index that diamonds have.  So, when a jeweler is positioning a diamond into a new piece of jewelry, or even just fixing a banged up old band or what have you, they use a torch.  This torch doesn’t damage diamond at all, but the heat can cause the diamond to ‘sweat out’ the filling material, like a fat man on a treadmill after a night of drinking spiked egg nog.  Hence, the fractures are now visible again and the stone’s clarity grade takes a nosedive.  Just how bad is this?  It’s so bloody awful that the GIA won’t even issue certificates for stones that have undergone fracture filling.  The most aggravating part of this whole mess is that some companies do not inform their customers that the stones they are purchasing are fracture filled.  So there you are, ignorantly walking around with a diamond that’s filled with other stuff.  Please at least attempt to refrain from murdering anyone who sold you one of these fracture filled farces.  

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Laser Drilling

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While this process sounds quite high tech (and a little James Bond-ish), it’s nothing to be that excited about.  It’s another method employed to remove ugly, nasty or just mean spirited inclusions in diamonds.  By drilling to the root of the undesired blotch in the stone (which is just a piece of black carbon that came together as the diamond formed), you expose the inclusion.  The you can pour a little, good ole fashioned sulfuric acid down the hole and burn that droll smudge out of there.  The drill that’s used is, of course, an infrared laser, and the hole that it bores into the stone is microscopic.  Meaning, you can’t see these channels without the aide of a loupe, microscope or psychically charged ‘third eye.’  The dilemma inherent in laser drilled diamonds is that their internal structure has now been messed with.  Who’s to say that the drilling process didn’t corrupt the integrity of the diamond; incipient cracks could be on the cusp of erupting at any time.  The stone may be fine, but there’s just no way to tell.  So as a result, professional diamond buyers are reluctant to acquire such stones – which may vengefully come back to bite them in the tuckus later.  

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Irradiation

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Take a long hard look at your diamond…do you suspect that it’s been violently blasted with neutrons and electrons?  Irradiation is a type of “color enhancement,” and if you have a white diamond, logic would dictate that you probably don’t have to worry too much about this (meaning that the process improves colored diamonds, not that it ameliorates a not so great white diamond’s color grade).  It’s a procedure that utilizes radiation in order to alter colored diamonds at the atomic level, amping their color up from a dull and listless hue to a bright and boisterous shade.  Aside from very rare cases where diamonds can actually undergo irradiation naturally, while still in the ground, stones that have been through this intense tanning bed experience are considered ‘altered,’ ‘treated’ and ‘fake-baked’ to diamond purists.  Translation: valued less.             

 

HPHT

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This abbreviation stands for “High Pressure High Temperature,” and is a procedure that has been riddled with controversy since its inception.  Scientists working at General Electric at the end of the 20th century discovered that they could, more or less, heat and squeeze all the hideous tints out of diamonds, thus making them clear as day.  A bit of an oversimplification, but the overall HTHP operation, which somehow zaps poor color out of white diamonds and also intensifies shades in colored stones, became embroiled in scandal when many of the diamonds that went through this molecular rigamarole were passed off as naturally occurring.  Again, within the milieu of diamond connoisseurs, these rocks just don’t fly as the real deal, and are intrinsically worth significantly less than their organic counterparts.  HPHT stones are given an intaglio on the girdle which demarcates their altered nature, but this can be easily removed, further fueling the ire directed at these augmented diamonds.  

 

Fluorescence  

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In all honesty, this one is a little baffling.  Here is an extensive run down on what fluorescence is and how it can affect your diamond – but the bottom line is that in today’s market, diamonds that exhibit strong fluorescence are unfortunately less desirable.  In the most basic, rudimentary terms, fluorescence is what turns a diamond blue when placed under a black light.  That’s it.  Once in an unfavorably blue moon, a diamond that has strong fluorescence may appear a bit milky when viewed in regular light, but this fickle property of fluorescence is usually just invisible altogether.  The reason why this currently is viewed as a negative is rather up in the air, but if your diamond has fluorescence, you’re up a creek sans a rowing device.   

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Doublet

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This is extremely rare in the diamond world, as it would seem that not even the most disreputable jeweler would try to dupe you with one of these, but stranger things have happened.  This is where the top portion of a diamond (the table) is a real, authentic stone; the bottom (the pavilion) however, is a simulant.  Either C.Z. or quartz or some other damnable fake.  The two parts are glued together and violà; a gem that reads as real when viewed from above, but is a total sham when you look up its rear.    

The only way to know for sure if your diamond has been cursed with any of these dastardly traits is to have it evaluated by a knowledgeable professional.  Thankfully, the expert gemology staff at Diamond Lighthouse is at your disposal.  If you possess a sizable diamond (1 carat and higher) that you’re looking to sell, we can perform a comprehensive test on in, making sure that it is not afflicted with any of the aforementioned natural or man-made maladies.  This evaluation and shipping are both totally free as well.  How’s that for service?  We’ll also find you the absolute best price imaginable for your diamond.  Find out more here

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-Joe Leone 

10 reasons why you should sell your diamonds IMMEDIATELY

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All across the country, many people can be found who own diamonds.  Some women wear them on the forth finger of their left hand to indicate that you shouldn’t ask them out; others sport large versions of the stones, hanging from their ears, as an alternative to “spacers”; certain gentlemen, who recite lyrical words for a living into microphones, have diamonds embedded into miniature avatars of themselves that hang from gilded chains around their necks.  Then there are the people that have diamonds hidden in their attics, in tiny treasure chests, saving them in the event of a complete economic breakdown where we must resort back to a pre-civilized barter system.  Of all the multitude of the diamond hoarding human classifications, there is one thing that unites them: they all should sell their diamonds ASAP.

Here’s why:

1 – Walking around with valuable pieces of glittering, sparkling glass fragments on your body is a surefire way to draw the attention of criminals looking to make an easy score.  Just look at what happened to Batman’s parents.  Ditch those pricey pieces post haste, before you become the prime target for a malicious mugging/horrendous hugging.  

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2 – In the same way that you become the pièce d’ résistance for professional bandits, you make yourself ready bait for bothersome relatives and deadbeat friends.  They won’t rob you in quite the exact aggressive manner as the aforementioned gem-snatchers, but they will bombard you with nonstop requests for monetary assistance.  The ugly, glittering truth is that they are not even to blame; by wearing diamonds you turn yourself into a walking billboard for ostentatious luxury and arrogant opulence.   

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3 – You work hard every day at your job.  You put in extra hours, you follow up with all business leads that may benefit the company – you even attend the damnable Holiday Party every year with a warm (however forced and obsequious) grin on your face.  Think you’re due for a raise, right?  NOPE.  Not with that huge rock on your finger/ear/nose.  You look like you have too much money already.  Sorry, you can email HR though – who’ll promptly delete your complaint, for all the same gem encrusted reasons. 

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4 – Diamonds are very hard, and in some cases, very sharp.  Now, what do you think happens when you lose weight?  Your digits shrink and your rings become loose.  The harmless activities of every day life can cause your ring to droop down, and when you go to close your hand around a plump orange or send a hilarious (in your mind) tweet – OW!  Your backwards set diamond has just stabbed ye, and it’s off to the E.R. for an afternoon of agony.  

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5 – Let’s paint a similar scenario: you’ve dropped some pounds and all your clothes are now hanging on you.  You casually attempt to hail a cab and – whoosh – your ring goes flying off your slender finger and into the night.  Oops.  You are not even aware of this until later, when you realize you’ve just lost an item that cost thousands upon thousands of greenbacks.  

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6 – You may be grinning to yourself at this point, thinking “Ha!  I never lose weight – in fact, I’ve been steadily gaining girth for years!”  Well, touché.  Oh, you may want to consider this though; those who have amassed extra poundage and have rings that are now permanently stuck on their fingers are at a great risk of losing circulation entirely and, ultimately, needing to have their finger amputated.    Won’t be so funny anymore, when you’re walking around giving people ‘High Fours.’

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7 – Diamonds are forever.  That is, until you can’t find them anymore.  If you happen to fall into the grouping of people who squirrel away your diamonds in remote corners of your cellar, attic or furnace, there may come a day when you are ready to remove said stones and: WAH?  They’re missing!  From actual squirrels (and other pesky varmints) that just love to burrow into tight places and pilfer shiny things to similarly rodential children and grabby roof shingle repairmen, there’s a whole host of creatures/people who can get to your gems before you do.  Sell those rocks before they get their grubby little mitts on them first.  

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8 – For every old diamond that doesn’t get sold, a “new” diamond must be excavated from the ground to meet diamond consumer demand.  This endless stream of terrestrial destruction has anything but a positive impact on the environment; in fact, it wreaks havoc on certain sensitive ecosystems, which can ultimately lead to the decimation of endangered species and worldwide environmental devastation.  So, essentially, every time you don’t sell your old diamonds, the air we breathe becomes poisonous and a baby seal dies. 

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9 – Owning a diamond engagement ring leads to divorce.  Statistics show that out of all divorced couples, over 80% of them had a diamond engagement ring exchanged (well, this documentation refers to ‘married coules,’ but all divorced couples were married at one time, so whatever).  The numbers don’t lie.  Sell your diamond engagement ring right now, or the chances are highly in favor that you will get divorced.  Already divorced?  Well, there you have it then.  Best to sell any residual diamonds before they can do any more damage.  

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10 – Finally, we have the most substantial (and serious) reason.  While diamond demand has not waned dramatically in the U.S., international diamond prices have seen a significant downward spiral.  This is no passing trend; it’s just the way things are.  Take a gander at what some of these news sources have to say on the matter: Forbes, Time, MarketWatch.  The smartest economic decision you can make in this very moment is to sell your diamonds now, before things get exponentially worse.  The good news here is that at Diamond Lighthouse we can help you recover the absolute highest value for your diamond jewelry (typically any piece that features a diamond 1 carat and higher).  Our unrivaled open bidding platform will get you the best price for your diamond, every single time.  Find out more, right…NOW!  

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-Joe Leone

How Much Should You Spend on Jewelry?

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The average U.S. household spends only $167 on jewelry per year, but that number varies greatly by region. The northeastern U.S., southern and central coastal California, and the east coast of Florida, for example, spend the most on jewelry per year, while the northwest region spends less than $50 annually per household.

The popular concept of smarter spending has a lot of people taking a closer look at how much they spend on everyday items, and jewelry is often an impulse buy. Self-help and finance blogs discuss budgeting and making realistic financial plans, which often results in cost-cutting or looking for ways to get some of your money back.

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But when you’re buying new jewelry, how much should you be willing to spend? What’s the price tag on feeling pretty or scoring a compliment from your moody boss? The obvious answer to this dilemma is: spend the amount that makes sense for you, whether that’s based on your region, your social circle, or your personal style. The decision, however, is more complicated than that, and probably varies with every piece you look at. It’s not easy to choose between shelling out more cash for nicer, longer lasting jewelry over less costly, trendier pieces. It’s hard to place a number on the value of the little boost in self-esteem you might get.

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Websites like Pinterest and Instructables make Do-It-Yourself a viable option for saving money on a lot of important items including jewelry, but there are certain pieces that are essentially impossible to DIY. And that’s one element of DIY that people often overlook before diving in to a project: the cost of the materials and tools, which is one part of what goes into jewelry-making. When you’re deciding how you want to better your budget, consider how original you would like your jewelry collection to be. If originality is important to you and you want handmade jewelry from an artist or smaller manufacturer on a site like etsy, plan to spend a little bit more than you might for a similar piece from a larger manufacturer, like Forever 21, who outsource their work and user cheaper materials specifically so they can offer their products at a low price point. Some smaller companies even begin to outsource once they gain popularity so they can manage the costs and offer their product to more customers, saving 400-500 percent by having someone else produce their designs.

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Choosing how much to spend on jewelry may also depend on the materials you are looking for. If you’re more concerned about the look than the actual material, sterling silver is a good substitute for silver and white gold, and purchasing gold-coated jewelry can save you a lot of money if you prefer the darker color. In addition, synthetic gemstones can be created to look like a natural gemstone, so if you are here because you are aiming to sell your diamonds, a man-made stone might be a great replacement.

Another consideration for choosing an amount to spend on jewelry is whether you value the experience of going into a physical store and trying on the jewelry or whether you are comfortable buying it online. Online stores are often cheaper, simply because renting a brick-and-mortar space is expensive for the business.

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If you are not looking for a specific piece, buying jewelry at an overstock or auction site can be a way to find great deals. Sale jewelry is typically marked down temporarily, while clearance and overstock jewelry are usually marked down because the manufacturer or retailer wants to make room for other products. Because there is an incentive to get rid of it, clearance and overstock jewelry can offer a steeper discount, but the selection may be limited.

One great rule of thumb for a jewelry purchase is the dollar-per-wear rule. To follow this rule, ask yourself how many times you anticipate wearing a particular piece, and if that number is the same as or lower than the price, then it is probably a good purchase. However you decide how much money to spend on jewelry, remember to make the choice for your own reasons, not someone else’s.

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How to Rekindle your Relationship with Your Diamond

10 Fun Things to Do with Your Diamond

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You and your diamond have had quite the run, haven’t you?  It’s stayed on your left ring finger, around your neck, on your nose or belly button, or some other place we won’t discuss right now, for a nice long while.  You’ve seen various parts of this great country of ours together; heck, you’ve maybe even crossed seas and gazed upon grandiose iconic worldly sights as one.

But, like all relationships, things can eventually turn stale.

It doesn’t seem to sparkle as brightly when you glance at it now – or maybe you’re just not appreciating it the way you once did.  Well, the only solution is to jump start your once powerful bond and leave the stagnant waters of complacency behind.  Here are ten fun things you can do with your diamond to bring the luster back into your brilliantly shared life.

1) Wear your engagement ring to a Singles Night.

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Look, everybody loves attention; your diamond is definitely no exception.  When you proudly don your diamond engagement ring to a singles night, numerous potential suitors (and even a few curious ladies) will inquire about what you are doing there/why are you wearing the ring/can they possibly join you in a polygamous union?  As you flirtatiously flaunt your diamond around and talk all about it, the two of you will feel a renewed kinship and complicit affinity for one another.

2) Bring it to a basket/foot/baseball game and when the Kiss Cam gets to you, shove your loved one out of the way and kiss your diamond instead.

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What better way to make the whole world jealous than to project your love onto the jumbo-tron?  With that beautifully cheesy heart graphic superimposed around you two, your friends at home watching ESPN will be simultaneously jealous…and baffled.  Your diamond will be eternally grateful for the unbridled outburst of affection.

3) Take it to a Natural History Museum and show your diamond its roots.

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Have you ever taken the time to let your diamond really reminisce about where it comes from?  Hit the Geology wing of any reputable museum and let your diamond stroll down memory lane as it recounts its time as a young, wide-eyed piece of carbon, hanging with its friends deep beneath the earth’s crust.  Let it regale you with the enthralling tale of how it shot up on the Kimberlite express to the planet’s surface, eventually making its way to your finger; and into your heart.

4) Hang around a section of a jewelry store where the diamonds showcased are all of a smaller size and/or inferior quality.

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Nothing boosts your diamond’s spirits like letting it feel superior to others.  Let’s face it, the diamond world is a highly competitive one; each stone is precisely measured and evaluated, and microscopic flaws can have a dramatic impact on its desirability.  When you compare your diamond to a bunch of less attractive stones, it will feel like a million bucks.  Add to this tantalizing tableau a bunch of onlookers, shopping for their own diamond, who can only gaze at yours in envy.  The perfect jolt to your team-self-esteem.

5) Attend a lecture on a serious topic of some sort; use your diamond to reflect light into the presenter/orator’s eye.

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Executing wacky pranks with your loved stone instantly interjects a little joy back into your waning relationship.  Utilizing your diamond’s primary strength (that of reflecting/refracting light – in this case, into the ocular region of some boring person), will have the two of you giggling with glee.  Well, you at least (the diamond has no mouth).

6) On the night of the first snowfall of the year, throw your diamond into the pristine white blanket of snow – then find it.

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Toss that cherished stone directly into the awaiting ivory mounds.  Wait a minute.  Then begin your quest.

As you frantically paw at the accumulated snow, freezing your little digits off, you will feel a growing sense of urgency and reinvigorated passion for your diamond.  The thought that you will never find it crosses your mind, and you even panic a bit.  Once you see that tiny sparkle amongst the fallen flakes, you will breathe a sigh of relief like no other.  Reunited with your diamond, you’ll see how much it truly means to you.  From your diamond’s perspective, it’s quite the adventure as well; surrounded by millions of snow flakes (which are all singular and unique, just like every diamond) it can undergo a humbling experience too.

7)  Watch any of these films about diamond heists together.

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Have your very own “Netflix and chill” session with your diamond.  The two of you will unconsciously feel the need to cuddle close together as onscreen gems are stolen from their rightful owners.  You will clutch your diamond ever so tightly, reassured that the two of you truly belong together for eternity.

8)  Have a spa/pamper day-cum-ring cleaning.

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Get your hair, nails and face did – all while your diamond looks on.  Take it to the jeweler for its own cleansing and you’ll have quite the rewarding reciprocal endeavor.

9)  Create an instagram account that is soley selfies of you and your diamond.

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After your friends and loved ones see the glorious series of shots of just the two of you together, all you need to tell them is this: don’t be #jelly.

10)  Etch your love to the world.

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That’s right; it’s time for some good ole fashioned graffiti.  Using your diamond’s unfathomably hard edges, scratch you and your diamond’s initials (encircled in a big heart) all over town (*if you do not know your diamond’s initials, feel free to just inscribe its GIA certification number).  Into the town’s oldest oak tree, the huge bay window at the mall, your annoying neighbor’s car; there’s literally no surface you can’t use to espouse you and your diamond’s undying love.  Seeing your mutual affection indelibly raked into the canvases of everyday life, you will once again feel in your heart that the two of you are made for each other (…one of you made by other humans, the other made by heat, pressure and dirt).

Hopefully, after employing these delightful techniques, you and your diamond will fully appreciate each other once again.  If these methods just dont do the trick, alas, it is sad to say that all hope may be lost for you and your little gem friend.  If this is the case, it probably is time to part ways and move on in a sensitive, mature and morally conscientious way.  Why not let someone else enjoy your diamond?  You both will be able to reach your full potential then.  Check out diamondlighthouse.com.  We will find a good home for your diamond, and you will be compensated for the highest amount possible.   Please, do the right thing; for you and your diamond.

-Joe Leone 

Even MORE Ways to Make Quick Cash

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So we’ve done quite a few posts on how to make super fast cash in a super fast manner; to the point it seems we’ve fully exhausted the subject matter.  Alas, we have vouchsafed all of the traditional methods available to most people, from selling blood to selling yourself as a bud.  Now, however, we’re going to delve a little deeper into the weird world of inordinately expedited fiscal procurement.

found in translation

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Were you raised by Astonian grandparents who inadvertently taught you your ancestral tongue as they routinely prepared goulash?  Were you an overachiever in high school who learned how to parlez vous Français like Gerard Depardieu?  Can you proficiently fake your way through a full on Spanglish ordering session at Taco Bell?  Que bueno!  Put those linguistic skills to use and pick up some lucrative part time work as an interpreter, translator or language instructor to a spoiled child whose parents want him to learn Sentinelese.  To turn your tongue to funds, take a gander at this site jobs-to-careers.com, capishe?

rep-resent

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If you actually enjoy talking on the phone (unlike most currently living humans), but hate leaving your home (either from agoraphobia or an intense proclivity for Netflix), you can get paid to chat.  Customer Service chat, that is.  Become a rep for one of the many large corps that hire stay-at-home homies (West at Home & Alpine Access are two major organizations always on the lookout for homebody chatters).  So pick up that receiver and use your gift of gab to nab some swag.

 

opinion-compens-ated

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Have no discernible talents but LOTS to say about things?  Super duper; you are ready for a career in the fast paced world of Survey-Filling…Out.  Another task you can complete from the comfortable milieu of your own domicile, survey completion typically takes about 20 minutes.  The pay seems not so stellar (roughly 3 bucks a pop), yet if you bang out 3 in an hour, you’ve just made 9 clams – just for stating your preferences in deodorant scents or type fonts (please don’t ever pick ‘comic sans’).  The more reputable online survey companies include Ipsos, Pinecone Research and Viewpoint Forum.  Other exist as well, but make sure you do your due diligence and don’t sign up for any potentially scam-my ones ($3 = not worth having your identity stolen over).

sweeping up

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“It’s Sweeps Week!”  Yes, that is what you’ll be exclaiming every day if you pursue your dream job in the sweepstake arts.  Granted, this is probably the lowest form of ‘gambling’ that exists, and the payout is usually not so grand, but the upside is that it costs you nothing to enter (so, technically, not even gambling).  Essentially, all you need is the dream…not even the dollar.  Start off with Online-Sweepstakes.com and see how you do.  If you don’t see any results, don’t fret; Shark Week will be just around the corner, and you can potentially catch and sell a tasty mako.

You, Spy

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Are you one of these people who is always on Yelp, leaving scathing reviews and exacting revenge for poor customer service, inferior products and vermin plagued brunches?  Do you revel in engaging in Catfish-like scenarios, going undercover like a glorified Magnum P.I.?  Perfect!  Put your vindictive skills in the field of subterfuge to work for you and assume the meaty role of “Mystery Shopper.”  It’s way more fun than just regular shopping, too; you sometimes get to ask odd questions and be unnecessarily demanding in bizarrely conceived situations.  After it’s all done, you typically have to write up your experience, so a good memory and Jonathan Swift-like writing skills are prized.  To scope out all the mystery shopper platforms available, go to volition.com for a comprehensive listing (to get in the mood, you can always search in “incognito” mode, if using Google Chrome – if you are using Internet Explorer for some reason, there are larger issues at hand…)

have some crowd-fun

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If you’re not familiar with the concept of Crowdfunding, it’s time to get kickstarted.  Have an idea for how to save the environment through using repurposed life-rafts?  Want to send your child to cricket camp in Uganda for the summer?  Looking to start an exclusive club dedicated to people who only watch Youtube videos of squirrels waterskiing?  No matter how random the ‘business,’ or other idea, there is always one consistent commonality: you need money to get it off the ground.  The craziest thing?  There are people out there willing to help fund your possibly hair-brained endeavor.  For a full aggregation of all the best crowdfuding sites, have a look here on Entrepreneur.com (and tell your friends).

need scalp with that?

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Not everything that is going to garner you fast cash is going to be entirely legal.  If there is a big event or concert headed to your town/city/hamlet, snag as many tickets as you can for it immediately and then start selling them online.  You’ll find that once something is sold out, you can jack the price up significantly and still receive numerous hits (some people just need  their fix of Miley!)  If you haven’t sold them all by the day of the actual Ice-capade show or Monster Truck rally, head to the arena and get to scalpin’.  The pro scalpers endemic to the area may try to run you off their turf, but just remember; you have just as much of a (non-)right to be there as they do(n’t).

casino-where left to turn

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Last option: hit the local casino.  Don’t waste time trying to ‘outplay’ other gamblers at the poker table.  They are either better than you or have enough money to blow that they can take bigger risks; either way, you lose.  Then cry.  Best bet is to take whatever you’ve got and put it all on RED/BLACK.  It’s basically 50/50 odds.  So…you feelin’ lucky?

-Joe Leone 

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*If all else fails, you could always sell your old diamond jewelry for the absolute highest price in the known universe with the unwavering help of Diamond Lighthouse.

…Just sayin’.