March 04, 2020 - Jewelry & Luxury Items
It wasn’t the jewels themselves of course that she meant. Having a little cushion (or cushion cut) to fall back on when times are tough can be just what you need to make it through the month if your finances are in a pinch.
What she didn’t tell us, however, was just how to go about selling your diamonds when the time comes. If you’re looking to find the best diamond pawn shop in your area and want to know how to get the best price for your baubles, read on.
Rare and easy to sell, there’s no shortage of people looking to buy diamonds. This is one reason why pawn shops are so eager to buy diamonds from anyone willing to part with one.
Another reason why diamonds are so popular with pawn shops is that they are one of the most expensive items regularly sold at pawn shops. Higher priced items can be marked up for a larger profit.
If you can locate it, you’ll want to find your paperwork for selling your diamond jewelry. If you have GIA certificates that were given to you when the diamond was purchased, you’ll want to bring them along with you. If your diamond is in a setting, any additional documentation from the purchase will be helpful during your negotiation.
If you’ve misplaced the certificates that came with your jewelry purchase, don’t worry. Pawn shops are capable of evaluating the quality of jewelry in-house, or with a little help from their consultants.
This can help inform a conversation about how much your diamond or diamond jewelry is worth.
You shouldn’t expect to receive the retail price from the pawnbroker. That’s because the market in secondhand diamonds and diamond jewelry is very different from retail jewelry and stones.
If you’re looking to learn more about how to get the most from a diamond pawn broker, we’re here to help! Visit our website for more information.
We offer lots of informative articles that will help you get the most from your trip to the pawn broker. It’s your stuff after all, you should get what it’s worth!