Where to Find the Best Deals on Diamond Rings

February 03, 2020 - Jewelry & Luxury Items

Looking for that perfect diamond ring?

You want a great ring and a great deal. You don’t have to actually go into debt to get one. Buying a diamond ring for a proposal, a gift or even for yourself, you can always find a great deal.

You just need to know how to look for those best deals on diamond rings. Here a few places you can look for a great price for a great ring.

Best Deals on Diamond Rings

With a little research and some shopping around, you will be surprised at the deals you will find.


You can find discounts in the regular jewelers or in warehouse types of stores. They often have overstock or slightly damaged items.

Flawed or Irregular Rings

Rings that are considered flawed or damaged are another way to save a lot of money. You can likely stare at the ring until your eyes hurt and you won’t see it. As long as the stone doesn’t have a large crack or chip in it, you will not ever know the difference.

Secondhand Rings

You don’t need to go to the fancy store for a new ring when you can find a perfectly good one used. You make a great deal and can even be helping someone out.

Pawn Shops

If you don’t frequent pawn shops, you are really missing out. There can be excellent choices for rings. There may be a stigma about shopping at a pawn shop, but there shouldn’t be.

They have great finds for a lot less, and you can trade in some of your old items you no longer use to get even more of a discount.

You can find amazing prices and pieces in a pawn shop. Find older, unique rings, beautiful designs and all for a fraction of the price. You can even find a few rings you like for the stones and have them repurposed into a new setting.

Where do the Rings Come From?

Not all items for sale are traded in for loans. Some are sold outright and others the pawnbroker has sought out. people may sell items they no longer need or some of them were on collateral for a loan that expired.

Auctions and Estate Sales

Estate sales often sell off boxes of jewelry or boxes of like-items to speed up the process. You can also find great deals for diamond rings at auctions, where the sole purpose is to get rid of the items.

With This Ring

One of the bonuses of shopping at a pawnshop is the thrill of negotiation. You can barter and try to get the price down or trade in your new watch.

Why pay full price when you just don’t have to. There are many ways to find the best deals on diamond rings and still get excellent quality.

If you aren’t bothered about its previous owner or discount warehouses, then you won’t have any trouble picking up the new diamond.

Please keep reading here for more tips on telling a real diamond from a fake.

David Stiebel
David Stiebel

David Stiebel is one of the cofounders of PawnGuru. David was educated at MIT, where he studied Math. He subsequently worked at Bain as a data scientist before starting PawnGuru in 2015. He started PawnGuru to build a better tool for pawn shops and consumers to connect.

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