Selling Diamonds: What You Should Know

Selling DiamondsIf you have diamond jewelry or just loose diamonds that you are looking to sell, then you have come to the right place. Our website has helped many people with selling diamonds since we launched. Like many people who are selling diamonds, the priority is generally to earn as much cash for diamonds as possible. Read some of the tips below to find out how you can earn the most money when selling diamonds, along with some other tips to help with the process.

CompanyInsuranceBBB
Rating
GuaranteeYear In
Business
Customer
Reviews
Instant QuoteShipping Method
#1Diamond Buyers Intl.$5,000A+30 Days11 YearsYesFedEx
#2WP DiamondsActual ValueA+None4 YearsNoFedEx

Sell Diamonds Online

Selling diamonds online to online diamond buyers will earn you the most money. There are many reasons as to why they pay more money than competitors, but it comes down to providing accurate valuations while keeping their costs low. The two diamond buyers above are highly respect and recommend by our self and others who have used their service in the past. By specializing in diamond and precious metals, they do not run into problems that pawnshops and jewelers who buy diamonds have. By only focusing on one area, they are able to do this job extremely well and attract employees who are specially trained to grade diamonds.

Selling Diamonds To An Individual Is Not A Good Idea

If you can find someone who is willing to pay an amount that you are happy with for your diamonds, then go ahead and do it. There is nothing wrong with selling diamonds to a person, but it will likely take longer because not many buy diamonds this way. Diamonds are hard to tell if they are real or not and this makes most people go to dealers where they know they are getting a real stone. Websites like craigslist and ebay could help you sell your diamond jewelry, but it probably will not be your best option because of the lack of trust and people looking for diamonds in general.

Know What Your Diamonds Are Worth

It can be extremely difficult to determine the value of your diamonds without the proper tools and training. This makes it difficult to know exactly what you have and what it may be worth. I would recommend trying to gain as much information on your diamonds before selling them. Taking them to a jeweler could be an option to give you some idea of what they may be worth. If your diamonds were a gift or if you have no idea of what they are worth, then you definitely need to have them checked out by multiple places. You will not want to accidently accept a low offer because you or the diamond buyer were unaware of why your diamonds may be worth more.

These are just some things to look for when selling diamonds. Take a look around our website for a lot of other great information on selling diamonds. The diamonds buyers that are featured on our site are all very well respected organizations and you can find more about them in our diamond buyer reviews.

Best Place To Sell Diamonds

Best Place To Sell DiamondsIf you are thinking about selling diamonds or diamond jewelry, then you are likely looking for the best place to sell diamonds. Depending on your situation, the best place for you to sell diamonds may not be the best place for another person. However, it is likely that you both will be interested in earning more cash for diamonds and there are some ways in which you can increase the amount of money you will earn based on who you choose to sell diamonds to.

Pawnshops and jewelers are always the first places that people think of when wanting to sell their diamond jewelry. The only good thing about selling to one of these places is that you will have the money immediately. Other than that, there are much better options that will pay you more, as well as make for a more convenient transaction. Here are some of the reasons why online diamond buyers can pay more cash for diamonds.

Less Overhead Costs
Without having to run retail stores, the costs are kept low and online diamond buyers do not have to worry about reselling items to customers.

Expert Graders
The expert graders that online diamond buyers employ have been trained to grade diamonds, unlike pawnshop employees, which leads to more accurate valuations.

Better Resources
By focusing only on diamonds, diamond buyers can have the best resources and tools on hand to again provide accurate valuations.

Specialization
Pawnshops and jewelers have a variety of revenue streams and services that increase their costs and do not allow them to provide as high quality of a service through specializing in one area.

There are plenty of other reasons why selling diamonds online is the best place to sell diamonds. There are a variety of online diamond buyers available to provide you with this service. The process is generally very similar across all diamond buyers with some small differences here and there. Be sure to research the different diamond buyers and their policies to find the one that will work best for you. Selling diamonds online is the best place to sell diamonds and here are two diamond buyers that we would highly recommend using.

CompanyInsuranceBBB
Rating
GuaranteeYear In
Business
Customer
Reviews
Instant QuoteShipping Method
#1Diamond Buyers Intl.$5,000A+30 Days11 YearsYesFedEx
#2WP DiamondsActual ValueA+None4 YearsNoFedEx

Types of Diamonds

Types of DiamondsDiamonds are classified in many different ways. Color, carat, and cut, are all ways in which diamonds can be grouped and are often thought of as a type of diamond. However, there are actual classifications for the type of a diamond. The type of diamond is determined by what elements the diamond is made of. Below you can read more about the different types of diamonds and why they are classified by each type.

CompanyInsuranceBBB
Rating
GuaranteeYear In
Business
Customer
Reviews
Instant QuoteShipping Method
#1Diamond Buyers Intl.$5,000A+30 Days11 YearsYesFedEx
#2WP DiamondsActual ValueA+None4 YearsNoFedEx

Type 1a Diamonds

This diamond type is the most common and is what you will find in many engagement rings and other types of jewelry. 98% of diamonds are Type 1a and it is likely to be the clear color that most of know diamonds for. These types of diamonds have .3% nitrogen, which causes impurities within the diamonds. The impurity comes from the nitrogen absorbing a different color spectrum, which makes the diamond appear a slightly different color.

Type 1b Diamonds

Type 1b diamonds are much more rare than Type 1a, sometimes leading to a higher demand and price. By containing up to .05% nitrogen, it has less than the Type1a but it is spread throughout the diamond. This will lead to an even more drastic color, with many of these diamonds appearing brown, yellow or orange.

Type 2a Diamonds

The most transparent diamond is the Type 2a. It has almost no impurities which leads to the colorlessness. The make up only 1-2% of natural diamonds and imperfections can still occur in these diamonds through different pressure that is applied on them throughout the extrusion process.

Type 2b Diamonds

Type 2b diamonds are very similar to Type 2a diamonds and contain little purities. Type 2b purities come from boron impurities that cause it to absorb different colors of light. They are more rare than Type2a diamond as they make up about .1% of all natural diamonds making them one of the rarest natural diamonds and very valuable.

These are the most common types of diamonds and why they are classified as such. The diamond buyers on our website will purchase any of these types of diamonds and will give you an excellent payout. Check out our diamond buyer reviews if you have any interest in selling diamonds online.

Earn Cash For Diamonds And Gold

cash for diamonds and goldSelling jewelry can be a good way for you to make some extra money. Why many people don’t take the time to sell their jewelry is because they do not like the process of going to a pawnshop and getting negotiated down to a very low price. This is what many people experience when trying to earn cash for diamonds and gold and it is what makes some people hold on to their unwanted gold and jewelry. As we have begun to make purchases and use the Internet more frequently for all types of services, we can now also sell our jewelry online and earn even more cash for diamonds and gold.

CompanyInsuranceBBB
Rating
GuaranteeYear In
Business
Customer
Reviews
Instant QuoteShipping Method
#1Diamond Buyers Intl.$5,000A+30 Days11 YearsYesFedEx
#2WP DiamondsActual ValueA+None4 YearsNoFedEx

Advantages Of Selling Jewelry Online

The benefits of selling to an online jewelry buyer are far greater than what a pawnshop or jeweler can offer you. The payouts are always higher because they are able to keep their costs low. This should be a good enough reason to earn cash fro gold and diamonds online, but there are still many other advantages. You will be compensated for the content of your items, meaning that the amount of gold that you send in is what you will be paid for and not the type of jewelry. Selling gold online can make your life a lot easier with the convenience of the process as well.

How To Sell Jewelry Online

Another major benefit of earning cash for diamonds and gold online is the ease of the process. While each gold buyer may differ slightly, the overall process is generally the same. The first step will be to request a shipping label. These are free of charge and can be acquired by filling out a form on the diamond buyer’s website. Now carefully package your jewelry and ship it to the specified location. Now you just have to wait to be notified with the valuation. Once they have contacted you, you can decide to sell the jewelry and have the money sent to your home address or have it wired into a bank account. This process is much easier than dealing with an inexperienced staff member of a pawnshop and will definitely earn you more cash for diamonds and gold.

Selling jewelry online will be your best option for earning cash for diamonds and gold. There are many benefits that will greatly outweigh the other options that are available. Take some time to find a diamond buyer that will fit your needs and provide you with a smooth transaction. Our website has diamond buyer reviews on the top businesses in the industry and we would recommend trying any of them.

Diamond Buyer Reviews

Diamond Buyer ReviewsWhen selling diamonds online, it is important to work with a diamond buyer that you can trust, along with one that meets your needs. The process of selling diamonds online is going to be very similar when comparing the top diamond buyers in the industry. Some diamond buyers offer different features in their service that may persuade you to choose one over the other. Check out our diamond buyer reviews to find a diamond buyer that will work best for you.

CompanyInsuranceBBB
Rating
GuaranteeYear In
Business
Customer
Reviews
Instant QuoteShipping Method
#1Diamond Buyers Intl.$5,000A+30 Days11 YearsYesFedEx
#2WP DiamondsActual ValueA+None4 YearsNoFedEx

Diamond Buyer Features

I mentioned above that diamond buyers could offer their customers different things throughout the service. An example of this may be the insurance value that a diamond buyer covers their packages for. If you are selling around $5,000 in diamonds, then it would be a good idea to use a buyer that will be able to insure that amount. Another thing to look for is the return policy. Because you will need to send your diamonds in to have them graded, you will not receive a valuation until the items are out of your hands. Each diamond buyer will give you an amount of time to decide whether or not you want to sell the diamonds and if you are unsure, you might want to find a buyer that will give you enough time to decide. There are also things like the way in which you will be paid (check, wire transfer, etc.), or the turnaround time of the diamond buyer. Find what is important to you and see if there is a diamond buyer that meets all of your needs.

Customer Reviews

This is another good place to look because it will allow you to get a perspective from someone who was in the same position as yourself. Customer reviews may give you insight on how the process is handled and what you can expect. You will be able to see how others were treated by the diamond buyer and if they took care of any problems that might have occurred. Be sure to watch out for customer reviews left by the diamond buyers themselves though. If a review is contradicting much of the other ones and seems overly positive it could have been written by someone within the organization.

These things will help you get an idea of what to expect from the diamond buyer. There are also other available resources that you can use to find more about a business. The Better Business Bureau accredits many diamond buyers and is a good source of information. Be sure to check out the diamond buyer reviews on our page as well.

Online Diamond Appraisals

Online Diamond AppraisalMany people who are interested in selling their diamonds want to have their diamonds appraised before deciding on whether or not they want to go ahead and sell them. Jewelers are likely the most common place that people o to get their diamonds appraised, but this likely will not be your best option. While many jewelers will provide honest appraisals, some may appraise diamonds for low amounts if they feel the owner needs to sell their jewelry. This leads people to be unsure of what the actual value of their diamonds are and can make things complicated.

 

 

Online Diamond Appraisal

The #1 diamond buyer on our website, Diamond Buyers International, has a page on their website where you can enter some basic information and receive a free appraisal.

DBI Diamond Appraisal

This feature allows you to get a value for your diamonds or diamond jewelry and then have some time to think over the decision of whether or not you want to sell your diamonds. When filling out the form, try to provide them with as much information as you can about your diamonds. This will give them the best chance of providing an accurate diamond valuation.

Because diamonds are hard to accurately value without seeing the diamond, it is still a good idea to have it appraised at a jeweler and get a second opinion. By having the diamond in front of them, they can use magnifying tools to get a better look at your diamond.

From our experience, the diamonds that we have sold to Diamond Buyers International, have been sold for a price that is very close to the appraisal that we received from them prior to sending in our diamond. DBI is very knowledgeable in this industry and their experienced staff members have always provided us with excellent valuations and high payouts.

Trusted Diamond Buyers

Trusted Diamond BuyersSelling diamonds online can be a little nerve wracking if it is your first time. Despite this, there are many trusted diamond buyers who provide an excellent service that will allow you to feel at ease throughout the transaction. We ourselves have worked with the diamond buyers listed below and have never had one problem during a transaction. If you still feel a little unsure of selling diamonds online, one call to either of the organizations will give you a sense of security as you will see how they are professionals within this industry and that you will be well taken care of.

CompanyInsuranceBBB
Rating
GuaranteeYear In
Business
Customer
Reviews
Instant QuoteShipping Method
#1Diamond Buyers Intl.$5,000A+30 Days11 YearsYesFedEx
#2WP DiamondsActual ValueA+None4 YearsNoFedEx

Diamond Buyers International

DBI has always impressed us with their quick turnaround times and excellent customer service. They do their best to make sure all questions that the customer has are answered and that everything has met their satisfaction. You don’t get quality customer service like DBI provides these days from online businesses. On top of the quality service, no one can match their diamond payouts, making them an online diamond buyer that you should look into using. Even if you are unsure of selling diamond online, they have a return policy that will allow you to receive your items back, should you be unhappy with the valuation or just have a change of heart. DBI is a trusted diamond buyer that is highly respected within the industry.

White Pine Diamonds

Despite DBI’s quality service, there is another trusted diamond buyer that can give them a run for their money. WP Diamonds not only conducts diamond transactions from US customers, but their offices around the world allow them to service other nations as well. They are accredited by the Better Business Bureau which further proves that they are a legitimate organization. Another advantage that WP Diamonds has is that they are able to insure your diamonds for the actual amount that they are worth. This puts no limit on the amount of diamonds that you can sell a once. WP Diamonds has always treated us with great respect and provided us with consistently high valuations that keep us coming back.

Selling diamonds online is not as odd as it may have seemed years ago. More businesses are using the Internet to conduct their services and it allows the customers to receive higher payouts. If you want to sell diamonds online, then these two diamond buyers are highly recommended and we are sure that they will treat you right.

Celebrities Sell Diamonds Online

Celebrities Sell DiamondsWhether you are a famous actor or musician, or just a regular person, marriages sometimes do not last as long as they were meant to. One difference with celebrities is that couples give each other expensive diamond jewelry as gifts. Not only are these diamonds very expensive, they can sometimes be known as a gift to the public, making it hard to wear them again after a divorce or breakup. So what do these celebrities do when they have no use for their diamond jewelry, they sell their diamonds.

How Celebrities Sell Diamonds

Many people who want to sell diamonds usually just walk into a pawnshop or jeweler and walk out with cash in their pocket. This approach can be difficult for celebrities for many reasons. One reason is that they generally have very expensive diamond jewelry that your average pawnshop would not be able to sell in their store to their customers or maybe not even have enough money to make an offer. There are also other reasons that you and I likely don’t have to deal with. A celebrity selling an engagement ring could lead to different rumors and other problems when the media reports on a celebrity’s personal life. So where can celebrities remain anonymous while finding someone who can pay for their expensive diamond jewelry? Here are two online diamond buyers that celebrities could use to meet their needs.

CompanyInsuranceBBB
Rating
GuaranteeYear In
Business
Customer
Reviews
Instant QuoteShipping Method
#1Diamond Buyers Intl.$5,000A+30 Days11 YearsYesFedEx
#2WP DiamondsActual ValueA+None4 YearsNoFedEx

Why Sell Diamonds Online?

Whether you are a celebrity or not, there are still many advantages of selling diamonds online. Getting the most cash for diamonds is what most people’s priority is. Online diamond buyers have low costs and refined processes that allow them to offer more money for your diamonds than the other available options. Like I said earlier, expensive diamond jewelry may be hard to sell to at a pawnshop and online diamond buyers do not have retail stores where they resell items which allows them to accept any type of diamonds. If you want to sell diamonds, then this is the route that I would highly recommend. Not to mention the process is very simple and overly convenient.