Jewelry Archives - Diamond Banc Liquify Your Luxury Wed, 13 Nov 2024 16:04:48 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://www.diamondbanc.com/wp-content/uploads/2021/05/cropped-DB_Gold_Diamond-32x32.png Jewelry Archives - Diamond Banc 32 32 5 Compelling Reasons St. Louis Clients Trust Diamond Banc to Sell Luxury Jewelry https://www.diamondbanc.com/insider-news/sell-jewelry-st-louis/ Tue, 12 Nov 2024 21:51:29 +0000 https://www.diamondbanc.com/?p=22209 Explore why St. Louis residents trust Diamond Banc for selling inherited and luxury jewelry. Whether you're upgrading your collection or ready to part with family heirlooms, we offer competitive cash payouts, transparent evaluations, and a simple process for a rewarding selling experience.

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Inherited jewelry pieces, including vintage rings and necklaces, symbolizing the option to sell family heirlooms that don't match personal style at Diamond Banc.

Selling fine jewelry—whether it’s a single designer piece, a high-end watch, or an entire estate collection—is a big decision. Diamond Banc’s St. Louis location is the top choice for clients across St. Louis, Clayton, Ladue, and nearby areas looking to get maximum value for their high-end jewelry. Here’s why people in St. Louis trust Diamond Banc as their go-to jewelry buyer when they’re ready to sell.

Why People in St. Louis Sell Their Jewelry

There are many reasons why people decide to sell their jewelry, from freeing up funds to upgrading their collection. Here are some of the top motivations for St. Louis residents:

1. Upgrading to New Designer Jewelry

As personal tastes evolve, that classic Tiffany & Co. diamond ring or Cartier Love bracelet may no longer suit your look. Selling your designer jewelry can help fund an upgrade to a newer, custom piece that better reflects your current style. Diamond Banc offers high payouts for luxury jewelry in St. Louis, making it easy to turn your jewelry into cash.

2. Financial Flexibility and Quick Access to Cash

Jewelry is a valuable asset, and selling it can provide liquidity in times of financial need or opportunity. Whether you’re investing in a business, purchasing real estate, or just need cash on hand, Diamond Banc’s competitive offers make it easy to turn your jewelry into funds. 

3. Simplifying or Downsizing Your Collection

If you’re embracing a minimalist lifestyle or downsizing, parting with jewelry you no longer wear can be both freeing and financially rewarding. Diamond Banc’s St. Louis location offers a clear and supportive process, so you can sell single pieces like a Van Cleef & Arpels necklace or a Harry Winston ring, as well as entire estates.

4. Selling Inherited Jewelry That Doesn’t Match Your Style

Family heirlooms are meaningful but may not align with your taste. Rather than keeping a Patek Philippe watch or Bvlgari necklace in storage, many clients in St. Louis choose to sell their inherited jewelry. Diamond Banc respects the significance of these items and offers fair market value, making it possible for you to turn an heirloom into a valuable resource.

5. Turning Past Gifts or Jewelry from Previous Relationships into Cash

Jewelry from past relationships or significant occasions may no longer hold meaning. Selling items like a Rolex watch, Bvlgari ring, or Van Cleef & Arpels bracelet allows you to put the funds toward something new, like travel, education, or a special project. Diamond Banc’s St. Louis jewelry buying service is known for offering competitive cash payments on single designer items or full collections.

Types of Jewelry Diamond Banc Buys

At Diamond Banc in St. Louis, we buy a wide range of fine jewelry, including:

  • Designer jewelry from brands like Cartier, Tiffany & Co., Bvlgari, and Harry Winston
  • Luxury watches from brands like Rolex and Patek Philippe
  • Diamond engagement rings and wedding bands
  • Estate jewelry collections, whether single pieces or full estates

Whether you’re selling a single piece or a full collection, Diamond Banc in St. Louis is the trusted jewelry buyer with the expertise to provide a fair market price.

How to Sell Your Jewelry at Diamond Banc in St. Louis

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Get A Quote

What is your item worth?

Complete our simple online submission form & tell us about your item. Our team of experts will contact you with an initial quote.

Start a Quote
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Expert Evaluation

Mail-In or In Person

We provide you with a fully insured shipping label to send your items to our headquarters for final evaluation. Or, visit a Diamond Banc office near you to complete your transaction in person.

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Get Funded

Via Check or Wire Transfer

If you accept our offer, we will issue payment immediately via check or wire transfer.

Ready to Sell Your Designer Jewelry for Cash?

If you’re ready to turn your luxury jewelry into cash, visit Diamond Banc in St. Louis today or submit your piece online. We’re here to make the selling process simple, supportive, and financially rewarding.

Location: 7701 Forsyth Blvd., Suite 750, Clayton, MO 63105
Get Started: Submit your jewelry details
Schedule an Appointment: stlouis@diamondbanc.com | (314) 555-1234

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Sarasota’s Elite Jewelry Lending Service: Where to Turn Instead of Pawning https://www.diamondbanc.com/insider-news/sarasotas-elite-jewelry-lending-service-where-to-turn-instead-of-pawning/ Mon, 05 Feb 2024 21:28:42 +0000 https://www.diamondbanc.com/?p=19927 At Diamond Banc of Sarasota, we pride ourselves on understanding the unique financial and personal value your jewelry holds. We specialize […]

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At Diamond Banc of Sarasota, we pride ourselves on understanding the unique financial and personal value your jewelry holds. We specialize in offering bespoke liquidity solutions, offering a seamless and dignified way to access immediate funds, with the utmost respect for the intrinsic and sentimental value of your jewelry, diamonds, and watches.

In today’s unpredictable financial landscape, many individuals find themselves facing unexpected expenses or cash flow problems. Whether it’s covering medical bills, home repairs, or emergency travel, having quick access to immediate funds can be a lifesaver. One solution that often goes overlooked is jewelry pawn alternatives. 

Whether you’re seeking to finance a new entrepreneurial venture, manage unexpected expenses, or simply wish to make the most of your jewelry’s equity, Diamond Banc is committed to providing a secure, discreet, and advantageous service. Discover why Sarasota-area locals choose Diamond Banc as their trusted partner in maximizing the potential of their valuable jewelry assets, ensuring a seamless, respectful, and beneficial experience tailored to the needs of our community.

Discover Sarasota’s Premier Jewelry Lending Service

Local Expertise, Direct Access: Your Downtown Sarasota Diamond Banc Experience

As Sarasota’s preferred Jewelry Equity Lender, diamond buyer, and go-to destination for those looking to sell jewelry, we offer a distinguished alternative to traditional pawn practices, emphasizing transparency, fairness, and the highest value for your precious items.

In Sarasota, Diamond Banc stands out by providing bespoke Jewelry Equity Loan services, designed to empower locals with a secure, discreet way to leverage their valuable jewelry for immediate financial liquidity. Whether you’re looking to sell your diamonds, engage in a Jewelry Equity Loan, or find a reputable alternative to pawn your jewelry, Diamond Banc’s executive buying and lending team offers direct, expert assistance right in the center of Sarasota.

Our dedication to the community extends far beyond mere transactions. At Diamond Banc of Sarasota, we are deeply invested in fostering enduring connections with our clients, providing guidance and alternatives that honor the worth of your jewelry assets. Benefit from partnering with a team that possesses a comprehensive understanding of the national jewelry landscape as well as an intimate knowledge of the Sarasota market. This dual expertise guarantees that you achieve the optimal result, whether you’re in the market to sell or obtain a loan against your jewelry.

Maximizing Value with Sarasota Expertise

We’re committed to maximizing the value you receive from your jewelry transactions. Unlike traditional pawn shops, our model is built on transparency, fairness, and an in-depth understanding of both the national and local Sarasota jewelry markets. This allows us to offer competitive rates and terms that reflect the true value of your assets, making us the preferred choice for Sarasota residents looking for an elite alternative to traditional jewelry buyers and pawn shops. 

For those in Sarasota exploring alternatives to pawn jewelry, Diamond Banc offers a sophisticated, secure, and beneficial solution. Our downtown Sarasota location is not just a place for transactions; it’s a venue where relationships are nurtured, and every client is valued. 

Diamond Banc of Sarasota serves clients in Sarasota and surrounding areas, including but not limited to, Siesta Key, Lido Key, Longboat Key, and Lakewood Ranch. Whether you seek to unlock the value of your jewelry through a Jewelry Equity Loan or wish to sell your diamonds with confidence, our team of experts is here to provide personalized guidance tailored to your unique needs. Trust Diamond Banc for a seamless, transparent, and rewarding jewelry lending and buying experience in the heart of Sarasota. 

Immediate Funding 

One of the most significant advantages of pawning jewelry is the speed at which you can obtain the funds you need. Traditional loans often involve a lengthy application process, credit checks, and waiting periods. When you pawn jewelry, you can schedule with pawn jewelry experts like Diamond Banc, get your items evaluated, and leave with cash in hand within a matter of minutes. This quick access to funding can be a game-changer when facing financial emergencies.

Funding Without Sacrificing Ownership

Some may be concerned about parting with their valuable jewelry, even temporarily. The good news is that when you pawn your jewelry at Diamond Banc, you retain ownership of your items. Your jewelry serves as collateral for the loan, and once you repay the loan along with any applicable fees and interest, your jewelry is returned to you in the same condition as when you pawned it. Diamond Banc takes every precaution to ensure the safety and security of your valuables throughout the pawn process.

Whether you’re looking to sell high-end jewelry, secure a loan against a precious heirloom, or find a reputable buyer for your diamonds in Sarasota, Diamond Banc is your trusted local resource. Our expertise in the jewelry market extends nationally, yet our focus remains firmly rooted in serving the Sarasota community with personalized and professional services. We understand the local dynamics and preferences, ensuring that our clients receive unparalleled advice and options.

Finding a Trusted Partner for Your Pawn Jewelry

When you’re in search of a reliable pawn jewelry service in Sarasota, it’s essential to make a well-informed decision, as it can significantly impact your experience. While there may be several options available, Diamond Banc stands out as the superior choice for numerous reasons. 

As the world around us evolves swiftly, having a reliable partner for your jewelry lending transactions is paramount. Diamond Banc guarantees not only expertise and reliability but also keeping you informed and comforted throughout the process.

Whether you’re looking to sell high-end jewelry, secure a loan against a precious heirloom, or find a reputable diamond buyer in Sarasota, Diamond Banc is your trusted local resource. Our expertise in the jewelry market extends nationally, yet our focus remains firmly rooted in serving the Sarasota community with personalized and professional services. We understand the local dynamics and preferences, ensuring that our clients receive unparalleled advice and options.

Our Sarasota Commitment

Diamond Banc isn’t just another faceless business, it’s an integral part of the Sarasota community. Our team consists of Sarasota residents who understand the unique needs and preferences of the area. This close connection allows us to not only serve our clients but to contribute positively to the Sarasota community, reinforcing our commitment to being more than just a business. 

Empowering Small Businesses in Sarasota

Sarasota is a city filled with dreams and aspirations, and Diamond Banc is here to support those dreams. Whether you’re a small business owner, an artist, or a resident facing unexpected financial challenges, we’re dedicated to helping you get the funding you need. Our personalized service is designed to empower individuals and businesses alike. 

Florida’s Go-To for Pawn Jewelry Services

In Florida, Diamond Banc has meticulously built a reputation for trustworthiness and reliability. We’ve earned the confidence of countless satisfied clients who have turned to us in their times of financial need. Our commitment to deliver exceptional service and fair market offers is the foundation of our reputation. 

Convenience and Accessibility in Sarasota

Convenience matters when it comes to choosing a trusted partner for pawning your jewelry. Diamond Banc’s central location in Sarasota ensures easy accessibility for both residents and visitors. Whether you’re a Sarasota local, in one of these other vibrant Florida cities, or simply passing through, we’re here to provide you with a seamless and convenient experience.

Easy Access for Your Pawn Jewelry Needs in Florida

Our strategically chosen locations across Florida, including Tampa, Boca Raton, Coral Gables, Aventura, and Orlando, make it effortless for individuals from all corners of the state to access our services. Clients can also conveniently reach out to us about pawning their jewelry or valuable items through our online form, ensuring a hassle-free experience, no matter where they are located.

Streamlined Appraisal Process with Diamond Banc

At Diamond Banc, we’re committed to making your experience as convenient as possible. That’s why we offer the ability to book appointments online and a streamlined online submission process. This innovative approach enhances efficiency throughout the appraisal process, ensuring that you receive top-notch service and the best market value offer for your jewelry. 

  • Online Submission: Start by completing our user-friendly online submission form, providing details about your item, including photos. This step is designed to save you time and streamline the process.
  • Initial Quote: Our team of experts will promptly review your submission and contact you with an initial quote. Providing you with a clear understanding of what to expect.
  • Flexible Options: Choose how you’d like to proceed. You can either mail your items to us using our fully insured shipping label or visit our physical location in person. We want to accommodate your preferred method.
  • Final Evaluation: If you opt to send your items to our headquarters or visit one of our convenient locations, they will undergo a final evaluation to determine their value accurately. This ensures you receive a fair market offer.
  • Immediate Funding: Upon accepting our offer, we expedite payment immediately via check or wire transfer, allowing you to access funds quickly.
  • Secure Return: Once your loan has been fully repaid, your items will be securely returned to you, completing the process.

Your Privacy Matters

At Diamond Banc, we place the highest emphasis on the security and confidentiality of your information. Our online submission system is purposefully crafted to prioritize the protection of your data, ensuring it remains private and secure throughout the entire process. You can have complete confidence that your personal details are treated with the utmost care and security during your interaction with Diamond Banc. 

Beyond Pawn Jewelry: Diverse Funding Services

At Diamond Banc, we offer more than just pawn jewelry services. Our additional services include pawn Rolex, providing quick funding for luxury watches while keeping ownership intact. We’re also your go-to jewelry buyer, offering immediate cash for your pieces with competitive market offers. If you have diamonds to sell, our diamond buyer service evaluates expertly, giving you the option to convert them into immediate funding. These services cater to your unique financial needs, whether you choose to pawn, sell or explore other options.

Pawn Jewelry with Diamond Banc in Sarasota

Diamond Banc is your trusted partner for all your pawn jewelry needs in Sarasota and across Florida. Our team of experts ensures a fair and accurate appraisal of your jewelry, providing transparency at every step. We offer competitive market offers, guaranteeing the best value for your valuable items. Our commitment to customer service means we’re always here to assist you, making your experience seamless.

We believe in giving back to the places we call home. With conveniently located offices in Tampa, Boca Raton, Coral Gables, Aventura, Orlando, and our user-friendly online submission option, we prioritize your convenience. Contact us today to discover the Diamond Banc difference and experience unparalleled service. 

Schedule an appointment in Sarasota | Pawn Jewelry: Get in Touch Online


Diamond Banc extends its premier jewelry lending services to cater to the needs of clients across Sarasota and its surrounding regions, ensuring access to immediate financial solutions when it matters most. Here are the nearby regions of Sarasota, FL where Diamond Banc is available to serve:

  • Downtown Sarasota
  • Siesta Key
  • Lido Key
  • Longboat Key
  • Gulf Gate Estates
  • South Sarasota
  • Sarasota Springs
  • Fruitville
  • Bee Ridge
  • Lakewood Ranch

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Pawn Jewelry Loans In Tampa: Interest Rates & APR clarified https://www.diamondbanc.com/insider-news/pawn-jewelry-in-tampa-apr-and-interest-rates-explained/ Fri, 02 Dec 2022 13:05:23 +0000 https://www.diamondbanc.com/?p=15508 If you hold a strong connection with a beloved piece e of jewelry but need cash urgently to overcome an important […]

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If you hold a strong connection with a beloved piece e of jewelry but need cash urgently to overcome an important expense or maybe for a getaway vacation trip, consider to pawn jewelry in Tampa instead of selling it.

Your searching process, apart from ensuring you trust a reliable business among pawn shops in Tampa, should include getting your numbers right when it comes to jewelry loan terms.

After reading this article, you’ll get a clear understanding of interest rates and the value behind getting a loan on jewelry that’s easy, pro-borrower, and super convenient to repay.

What is the Interest rate?

An amount is paid on a loan set by the lender to borrow quick funds secured by a pledged collateral (in this case, jewelry). Diamond Banc offers loans secured by your jewelry at the most competitive interest rates in Tampa, FL.

Designer pieces appertaining to rare collections that are hot in the current market, for instance, can qualify you to borrow at an even lower rate (up to $500,000 at times!).

What is APR?

The annual percentage rate, or APR, refers to the yearly interest generated by a sum that’s charged to borrowers.

The typical APR (Annual Percentage Rate) for collateral loans is set by lenders so customers can easily compare rates when shopping for jewelry loans in Tampa.

The term is a summed calculation to describe the amount of interest you’ll pay annually on the money you want to borrow, which can include additional costs for managing the loan, like security, storage, and insurance fees.

Representative Example

Meet Ashley, an elementary school teacher from Clearwater, Florida.

Ashley wants to surprise her husband by booking a vacation trip to the Maldives on the occasion of celebrating their 20th year of marriage.

She’s looking for non-bank lending, considering her credit standing at the present stage which includes a mortgage, credit cards, and 2 student loans.

Fortunately, her husband has spoiled her throughout their relationship with jewelry gifts and she would not mind securing a loan by placing a piece or two as collateral.

Ashley has a vast collection of cultured pearl jewelry from the designer brand Mikimoto. Hopeful to find the right lender, she attempts searching online for “pawn jewelry near me”. 

After checking a few websites from nearby pawn shops in Tampa, she returns to the search page and finds Diamond Banc. 

With a lower interest rate than the competition and a promise of excellent customer service, she decides to give it shot! 

She fills out a simple form to describe the pieces in question and an initial offer appears in her inbox the next day.

With the description and images of her collateral received by expert assessors, an initial offer for $7,500 USD was proposed. Ashley wants the jewelry pawn loan to last 9 months at the latest.

In numbers, here is how much her loan will cost:

  • 7,500 x 0.025 = $187.50 per month of interest payments
  • 187.50 x 9 = $1,687.50 of total interest paid after 9 months when the item is retrieved

Stacey is feeling gratified with her choice because not only she surprised her husband but did not have to sell her gorgeous pearls which hold significant memories throughout their love relationship.

A Flexible & Tailored Repayment Plan

Diamond Banc not only offers the nation’s highest LTV ratio (loan-to-value), which basically means how much we’re able to loan you vs. what you’ve paid initially.

More impressive other than the lowest rate in the market to pawn jewelry is our high flexibility of repayments.

Our approach is simple. We can customize your repayment plan in accordance with your budget and desired schedule. 

You’ll get to manage your jewelry pawn loan online to keep up with it and automate the payments to ensure you won’t miss a beat!

Want to make extra payments on your principal amount? No problem. Our main motive is to make the repayment process smooth and get your precious jewelry back to you as soon as possible. 

Get pro-borrower jewelry loans in Tampa

By pro-borrower we mean it must benefit you first, the customer! Don’t get trapped by questionable pawn shops in Tampa to accept an over-the-counter offer stringed to a ticking time clock and using pressuring tactics.

Diamond Banc is a dedicated, customer-focused and innovative provider of jewelry loans in Tampa.

We love what we do, and we do it best. With Diamond Banc, you get an expert appraisal done transparently with the support of a team of industry specialists.

So what are you waiting for? You can call our Tampa office at (813) 609-4331 and book an appointment with Jodi Hudson, our Tampa Market Director. Jodi gets a kick out of helping customers and making a decent loan offer in a secure, confidential and comfortable environment.

Get A Loan in TampaLocationSell My Jewelry

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How to Find a Diamond Buyer in Florida https://www.diamondbanc.com/insider-news/how-to-find-a-diamond-buyer-in-florida/ Fri, 22 Jul 2022 15:26:31 +0000 https://www.diamondbanc.com/?p=14524 Maybe you inherited a piece of jewelry, maybe a relationship has drawn to a close, or perhaps you are simply cleaning […]

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Maybe you inherited a piece of jewelry, maybe a relationship has drawn to a close, or perhaps you are simply cleaning out an old jewelry box. Regardless of the circumstances, deciding whether to sell a diamond is never an easy choice. Even after you have reached closure, several key questions remain. Among the most important questions is determining where to sell your diamond.

Diamond expert examining loose diamonds under magnifying glass loupe

Finding a diamond buyer in Florida can be challenging. There is no shortage of pawnshops in Boca Raton, Tampa, Miami, Palm Beach, or Orlando. Similarly, several online diamond buyers have emerged in recent years. Evaluating your best option to sell your diamond can come with many complications. 

We’re making it easier with this guide to selling your diamond in Florida. 

Get an Idea of What Your Diamond Is Worth Ahead of Time

Ultimately, finding a buyer who will maximize your diamond’s value is a key consideration when it comes to selling a precious gemstone. Diamond jewelry is among the most valuable assets you can own. As a result, you want to find a buyer who will give you the highest value possible for your items. When looking for a diamond buyer in Florida, seek a buyer who provides transparency through each step of the process. The best options for selling your diamonds offer you a perspective on how much you can expect for your diamond early in the selling process. 

It can also be a good idea to shop around by comparing offers from multiple diamond buyers throughout Florida. Coming to sell your diamond with another offer in mind can give you a framework for whether an offer is fair since you will already have a price to compare with the current offer. 

You can even start by using an online diamond calculator. These calculators enable prospective diamond sellers to get an idea of what their diamond is worth using an easy-to-navigate online form. Discover your diamond with Diamond Banc’s online calculator.

What Your Diamond Is Worthnavigate_next

Avoid Diamond Sales with Strict Time Limits

Similarly, it’s important to find a diamond buyer with offers that never expire. Some diamond buyers provide stringent timeframes for their offers, in hopes that these time limits will increase the odds of a fast sale, and decrease the odds of a seller searching for comparison offers. If you receive an offer with a time limit, it can be a key indicator that your offer should be higher.

Think Beyond the Pawn Shop

Woman selling diamond earrings, diamond necklace and diamond engagement ring

Pawn Shops have provided an easy way for individuals to sell or get a loan a diamond ring, necklace or designer jewelry for millennia. The first pawn shops emerged in Ancient China more than 3,000 years ago.  

However, when looking for a diamond buyer in Florida, a pawnshop may not always be your best option. Pawn shops tend to work in a diverse assortment of industries. The most commonly pawned items include electronics, antiques, tools, musical instruments, guns, and vehicles, in addition to designer handbags, luxury watches and precious gemstones. As pawnshops tend to work in several fields, they tend to be great generalists. This can be great for their business; however, when working in the highly specialized industry of jewelry, approaching business with a generalist perspective can be a major drawback. Florida pawn shops may lack the insight to ensure that you get the highest value for your diamond jewelry. 

Instead, consider working with a diamond buyer who specializes in jewelry. Working with a jewelry expert means that these individuals can take every value-adding factor into account throughout the diamond selling process. 

From diamond shape to a diamond’s carat weight and clarity, many factors can impact what your diamond is worth. These factors are often influenced by trends in the secondary market. For example, engagement rings featuring an oval center diamond have been increasingly popular in recent years. Consequently, a jeweler may be able to get higher values selling an oval diamond compared to a less popular shape. As a result, a diamond buyer will be able to pay you more for your oval diamond. Although these trends are obvious to a specialist in the diamond industry, a pawnshop will be less aware of the overall value of a diamond. Therefore, it may be a good idea to work with a specialist in diamond buying when selling your diamond in Florida.

Seek out a Diamond Buyer with a GIA Education

Similarly, the best diamond buyer is a well-informed diamond buyer. The Gemological Institute of America (GIA) stands out as the premier educator in the diamond industry. Within the jewelry industry, a GIA gemologist education has become the gold standard for education. Therefore, it can be a good idea to opt for a diamond buyer with GIA training when selling your diamond, as GIA-trained diamond buyers stand out as among the most accomplished professionals in the diamond industry. 

Diamond in tweezers with loose diamonds below

Consider If You Should Sell Your Diamond Online or In-Person

Historically, if you wanted to sell your diamond your only option was to find a local pawn shop or jeweler. In recent years, however, it has become easier to sell a diamond online, as the number of online diamond buyers has proliferated. Working with an online diamond buyer can come with several benefits, but there are also some clear drawbacks. Working with an online service to sell diamonds means that you are free to comparison shop and compare rates between diamond buyers and include buyers located outside of Florida, to make sure you get the most for your diamonds. It also increases convenience, since you can sell a diamond from the comfort of your own home. 

However, selling a diamond online can come with some key drawbacks. Most notably, it can be more difficult to screen out diamond buyers. When you are selling anything of value, it is important to work with a buyer you trust. This is particularly true when looking for a diamond buyer. It may be more difficult to trust a buyer you meet online, without a physical introduction or a storefront. 

Instead, consider opting for the best of both worlds. Look for a diamond buyer with an online presence and a brick-and-mortar location nearby. Companies that integrate their online and in-person offices allow customers to get their offer on their diamond without leaving their house, at the same time, these companies also enable you to meet a diamond buyer in person before you accept the offer directly.

Looking to Sell a Diamond in Florida? Consider working with Diamond Banc.

Over the past decade, Diamond Banc has emerged as the premier diamond buyer in the Sunshine state. We have offices located throughout Florida, with buyers in Boca Raton, Tampa, Miami, Palm Beach and Orlando. We also offer hybrid selling options and enable you to start the process of selling your diamond online to get an idea of what your jewelry is worth. Once you have received an offer, you can choose to come to visit us in our offices. After meeting our Market Directors in person, you can choose whether you want to proceed with the diamond selling process. We offer the highest rates in Florida for your diamond jewelry. Moreover, our offers never expire, allowing you to compare rates for yourself to ensure you receive the highest offer for your items.

Get Started Selling Your Diamondnavigate_next

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HOW TO GET A QUICK LOAN FOR YOUR DESIGNER JEWELRY https://www.diamondbanc.com/insider-news/how-to-get-a-quick-loan-for-your-designer-jewelry/ Thu, 02 Jun 2022 17:00:14 +0000 https://www.diamondbanc.com/?p=14307 Are you in severe debt or going through a challenging phase in your life? Does it require quick access to liquidity […]

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Are you in severe debt or going through a challenging phase in your life? Does it require quick access to liquidity to solve your issue? What about being out of credit for a quick opportune investment that unexpectedly surfaced?

If you’ve answered with a confident “YES!” to the hereinabove, don’t fret! Diamond Banc will share in this blog an instant way out of such concerns by getting the best possible loan against your designer jewelry but, more importantly, a more innovative one.

Let’s dig into what a jewelry equity loan is, what asset-based loan alternatives are there in the marketplace if you’re looking to pawn jewelry the right way and why choose us over traditional banks!

CAN JEWELRY BE USED AS COLLATERAL FOR A LOAN?

Yes, it may, and your options are typically split between traditional loans (pawnshops, banks, consignment websites) or somewhere with a more modernized approach to pawn jewelry and get the highest dollar while doing so with Diamond Banc.

OK, SO WHAT EXACTLY IS A JEWELRY EQUITY LOAN?

Simply put, a Jewelry Equity Loan is a short-term loan against your fine jewelry or luxury timepiece designed to provide funding so you can overcome financial hurdles. 

The most significant advantage of obtaining such a loan is that GIA-certified industry experts assess your item’s liquid wholesale values. These individuals carry years long knowledge in the field and have laser focus abilities to pinpoint any intricate detail in your jewelry that could potentially bring up its value.

WILL A BANK TAKE JEWELRY AS COLLATERAL?

A friend may even be suggesting you get a loan against your jewelry from the bank (*ahem… pardon me!).

Certain banks may accept your item as collateral and offer you a loan, yes. But will they determine how much, for instance, Bvlgari’s Magnifica Rose Gold Necklace is honestly worth with its 7 oval aquamarines & rubellites? What if they underpay you by far?

Free Gold Plated Accessories Stock Photo

In some cases, Bank terms may even be more appealing than what that pawnshop owner down the street may offer you, but both are nowhere near to what you can get with us!

The biggest advantage of using Diamond Banc over a traditional bank is simply the fact that the latter won’t accept your fine Rolex watch or diamonds as collateral. That’s exactly why Diamond Banc exists and we take pride in serving the nation with such unique offerings

Bank loans also come with the probability of a delayed process (typical for such a matter) which desperately requires urgency or even demanding your car as collateral are things we hear from customers occasionally.

See at Diamond Banc, the loan process is simple and way quicker than conventional bank loans. Furthermore, traditional financial institutions don’t accept the same collateral as we do. 

Plus, we offer non-recourse loans on jewelry, which basically means that they will never impact your credit score, even in a situation where you’re struggling to pay back.

Now try that with a bank!

HOW EASY IS IT TO PAWN JEWELRY THE SMART WAY WITH DIAMOND BANC?

PAWN-JEWELRY-WITH-DIAMOND-BANC

Frankly speaking, it’s as easy as 1-2-3.

If you want to do everything from the comfort of your home, the process is even more effortless.

Fill out our free online form describing your jewelry and get a quote within 24 Hrs.

A prepaid shipping label is sent out to you, so may mail in your item for an expertly done evaluation.

We safeguard your item while in transit and in-house, complete the evaluation phase and send you an official offer

If you choose to accept, the funds get wired to you instantly or mailed with a check. You refuse, no worries at all as we have a no risk & no obligation policy. It’s that simple.

Alternatively, you may choose to come in person to one of our locations stretching across the Midwest all the way to Florida.

That luxurious ambiance you have initially felt walking in a high-end designer’s retail store, we thrive to preserve that feeling.

With Diamond Banc, you can secure an instant loan. We can foster a quick and confidential jewelry loan with a repayment plan that’s tailored to your budget.

Here’s the best part; your credit score doesn’t matter, if you’re worried about your employment history, we omit such detail. It is simply irrelevant to us. Your income and your ability to repay are both inconsequential to your loan request.

We ensure you get your jewelry loan with utmost confidence and move forward with solving your pressing issues — while still retaining ownership of your fine jewelry piece. Our interest percentage rate is record-breaking in the region, and we legitly want to enforce our customer’s will in quickly retrieving their special item.

If you’ve got a splendid piece of diamond or gemstone jewelry handy and hesitate to make a move, get started by filling out this simple form or call us at 573-875-2265. For in-person visits, instead of searching jewelry loans near me on your browser, you may quickly find a Diamond Banc location that’s closest to you!

Diamond Banc is the nation’s top-rated jewelry buyer & lender. Visit one of our nationwide locations, or work with us from the comfort of your home.

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Declutter Your Jewelry Box And Sell Your Forgotten Gems. https://www.diamondbanc.com/insider-news/declutter-your-jewelry-box-and-sell-your-forgotten-gems/ Sat, 02 Apr 2022 17:00:45 +0000 https://www.diamondbanc.com/?p=14162 When you think of cleaning and decluttering, you might first think of closets, garages, and all the rest. All too often, […]

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When you think of cleaning and decluttering, you might first think of closets, garages, and all the rest. All too often, the jewelry box goes untouched. Over time, out-of-date jewelry piles up, gathering dust, but rarely getting worn. By spending some time straightening up your jewelry box, you can declutter your life. And if you find jewelry pieces that you no longer wear, you can sell them, putting cash in your pocket or new jewelry in your box.

Let’s be honest, most folks don’t enjoy cleaning. You often end up digging through your closet or garage, building up a sweat, discarding old junk. Of course, if you happen to find valuable stuff that you no longer need, you could hold a garage sale or list the stuff online, earning money along the way. And at the end of the day, getting paid to clean beats plain old cleaning.

When it comes to cleaning out your jewelry box, you’ll often deal with less sweat and more profit. One person’s discarded jewelry could easily be another’s treasure. Your tastes or style may have evolved, making some pieces irrelevant. Still, your old jewelry may suit another just fine. Likewise, jewelry typically contains valuable materials, such as gold, diamonds, and so forth. Even when jewelry is hopelessly out of fashion, the materials remain valuable.

Selling jewelry doesn’t mean getting rid of your collection either. Many people sell their old jewelry and then use the funds to buy new jewelry. This way, you can keep up with the times and latest trends while also preserving your bank account. And with folks fretting about inflation, jewelry can even become an investment, preserving wealth.

Not sure what you have and what you can part with? The wise first step is to take stock of all your jewelry and then declutter, selling pieces you no longer want for a profit. Along the way, you might even find jewelry that you had forgotten about. Now may be the time to bring pieces back into your regular rotation.

Let’s take a look at how you can sort your jewelry and then sell pieces that you no longer want for a profit.

DECLUTTERING YOUR JEWELRY BOX: TIPS FOR GETTING STARTED

 

First, you’ll want to gather all of your jewelry in one place. This way, you can sort through everything at once and also develop a better idea of what you have on hand. By doing so, you can make better decisions about which pieces to sell and which to part with.

You might realize that while you love gold earrings, you’ve got a huge array of hoops and some pieces are redundant. You might also conclude that you’re lacking in platinum or silver pieces, constraining your style. By taking stock of your entire jewelry collection, you can better make decisions about what should be sold.

It’s smart to find a large, flat area that you can place all of your jewelry on. You’ll want to avoid losing jewelry, so it’s best to use a surface that doesn’t have nooks and crannies where jewelry could end up lost. If you have pets that could get in the way, it’s wise to put them out of the room.

Some people use their beds while decluttering jewelry. This could work. However, there’s a risk that jewelry will get lost on soft surfaces, such as a comforter. Beds are also springy. If you laid out a bunch of jewelry and then fell onto or collided with the bed, it could cause your jewelry to scatter. A large table often works better. You might use your dining room table, for example.

You may also want to have storage containers on hand to keep things safe. If you’re sorting through a bunch of earrings, you may want to put them all in a box or Tupperware container to reduce the risk of any pieces getting lost.

SET ASIDE LOST EARRINGS

 
Often, people sorting their jewelry collection find that they have only one earring out of a pair. It’s best to set these aside and to see if you can find the corresponding earring. You may find that missing earring while decluttering your jewelry box.

Sometimes, that lost earring is gone for good. Still, even a lone earring can be worth quite a bit, especially if it’s made of gold, contains diamonds, or otherwise is forged of high-quality materials.

Selling incomplete jewelry is a wise first step. The choice is typically easy to make. With an incomplete set, you probably can’t even wear the jewelry you have. So it makes sense then to declutter your jewelry box and to raise some funds while doing so by selling single earrings.

WORN AND BROKEN JEWELRY: TIME TO RETIRE?

 
Broken-Jewelry

Like everything else, jewelry can become worn out over time. In some cases, you can take it to a jeweler, who can then clean and repair your pieces. However, repairing jewelry can be quite an investment and you should closely consider if it’s worth the cost.

In many cases, a better choice is simply to retire and sell the jewelry. Then, cash in hand from the sale, you can purchase new pieces. By doing so, you’ll ensure that you’ve got jewelry that’s both in good repair and also keeps with the latest fashion and trends.

Even worn-out jewelry can be worth quite a bit of money, especially if the jewelry contains valuable materials, say diamonds, platinum, or gold. When you sell your jewelry, the jeweler may opt to repair it or to extract the valuable metals.

DECIDING WHICH JEWELRY TO KEEP AND WHICH TO SELL

 
Let’s assume you’ve already sorted out damaged and incomplete jewelry. This is a great first step and sorting such jewelry is pretty simple and straightforward. Once that’s out of the way, however, you’ll have harder choices to make. Which complete jewelry sets and pieces should you sell? Which should you keep?

There’s no easy answer. However, you can ask yourself a smart and simple question: “Would I buy this jewelry piece today?” If the answer is no, closely consider why. Perhaps the jewelry is out of style. If that’s the case, upgrading may be in order. And by selling the old jewelry, you’ll be able to more easily afford new pieces.

Personal tastes change. Earrings you loved when you were 20 years old may no longer suit your tastes at age 40. That’s perfectly fine and a natural part of aging. But instead of letting jewelry that you’ll no longer wear collect dust, it’s best to sell the pieces and move on.

Perhaps the simplest way to identify out-of-date jewelry is simply to envision the piece in a display case at your favorite local jeweler. How would that jewelry make you feel? Would you buy it? Or would you pass it up in favor of another piece? If the answer is the latter, it’s time to sell the old piece so you can buy a new piece of jewelry that you love.

IS YOUR JEWELRY OUT OF STYLE?

 
Even if your personal tastes don’t change, you may find yourself wearing certain jewelry pieces less and less. Over time, some things come into fashion, and some things go out of fashion. Few people wear bell bottom jeans these days. Maybe bell bottom pants will come back into fashion, but if so, that’s likely years away.

Similar story with jewelry. The earrings or necklace you bought in 2005 may have caught the eye in a good way back then. Wear the pieces today, however, and you may look hopelessly out of style. Perhaps in twenty years, styles will change and your old jewelry will be back in style. But for now, it’s best to sell outdated jewelry so you can get stuff that is in style.

Jewelry makes a statement. You can show off your cultivated fashion tastes and financial success with the right jewelry. Out of date jewelry can make a statement too, suggesting that you have poor taste or aren’t with the times.

Fortunately, by selling your out-of-style jewelry, you clear out space in your jewelry box and you’ll have more money to buy new jewelry.

HOW CAN YOU BENEFIT FROM SELLING YOUR JEWELRY AT DIAMOND BANC?

 
Deciding to part with old, out-of-date jewelry is one thing, actually doing so is another. Let’s assume you’ve decided to sell some pieces after decluttering your jewelry collection. Some of the pieces may be incomplete, others may simply not match up with your current tastes or fashion sense. Whatever the reason, selling jewelry that you’ll no longer wear is a smart first step.

So where should you sell your jewelry? You’ll want to find jewelers and diamond buyers who can offer professional advice, fair prices, and top-notch service. Fortunately, Diamond Banc offers all the above and more.

At Diamond Banc, the leading fine jewelry buyers Miami, you can rest assured that we will consider each piece of jewelry closely and will work with you to determine its fair value. We offer years of industry experience, prompt customer service, and our expert jewelers can help you decide which jewelry pieces to sell.

So if you have any jewelry you’d like to sell for cash, make sure you stop by Diamond Banc to get a quote!

Diamond Banc is the nation’s top-rated jewelry buyer & lender. Visit one of our nationwide locations, or work with us from the comfort of your home.

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Your Complete Guide To Selling Jewelry Online. https://www.diamondbanc.com/insider-news/your-complete-guide-to-selling-jewelry-online/ Sun, 27 Mar 2022 17:00:10 +0000 https://www.diamondbanc.com/?p=14057 Jewelry is a lot of things to a lot of people. It may represent a significant time in one’s life (such […]

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Jewelry is a lot of things to a lot of people. It may represent a significant time in one’s life (such as a wedding band or friendship ring). It may be a family heirloom passed down from generation to generation, or it may simply be something that the individual has collected along life’s journeys. Whatever the case may be, the jewelry has value in the marketplace as well as in the hearts and minds of its owners. If you have jewelry that you would like to sell to raise cash, you should know that online jewelry buyers do exist, and they are eager to see what pieces you have to offer! 

WHY SHOULD YOU SELL ONLINE?

 
Close-Up Shot of Gold Accessories

The prospect of placing something as valuable as a piece of jewelry up for sale online is too much for some people to handle. Some become nervous that advertising jewelry on the internet marketplace could expose you to unnecessary risk. There is the uneasy feeling that you may be swindled by an online jewelry shopper. Or perhaps there is the realization that you may not receive the best price possible. It is unfortunate that a stigma like this can influence your decision. The truth is, selling jewelry online is just as safe as selling it to a dealer in-person in the vast majority of cases. In fact, it can be safer than selling it to someone in person in certain circumstances. 

When someone sells their jewelry online, they have the advantage of:

  • Opening up their items to the entire planet
  • The potential to receive multiple bids on their piece of jewelry 
  • The ability to avoid selling to a dealer who has to undercut you to make a profit
  • A broader selection of potentially eager online jewelry buyers who want what you have
  • The flexibility to pull your listing if you change your mind or if you cannot get the kind of price you want

 
The online marketplace provides a greater array of options to people selling their jewelry. 

DO YOU HAVE NICHE OR ONE-OF-A-KIND JEWELRY TO SELL?

 
Often, the types of jewelry that move off the shelves the fastest are the niche pieces. If there is something unique or rare about your piece, there will be more online jewelry buyers lined up to bid on it. Is there something unique and extraordinary about the piece that you have for sale? Can you highlight the distinctive features it has when you list its description? Both of those things are very important to close the sale. Don’t be shy about pointing out why online jewelry buyers should desire your niche jewelry. Making your items desirable is all part of the game of getting them sold. 

HOW TO SELL TO A REPUTABLE BUYER?

 
Sell-To-A-Reputable-Buyer

Selling to a genuine buyer is probably what most people worry about. Many fear being taken advantage of. Fortunately, we have some tips for staying safe and only selling to online jewelry buyers interested in conducting business fairly and legitimately. 

  • CHECK FOR POSITIVE REVIEWS

One of the tell-tell signs of reputable online jewelry buyers is when they have earned positive reviews. Diamond Banc, a nationwide luxury buying company has merited over one thousand Google Reviews company-wide.

A single good review doesn’t necessarily paint a complete picture. The reviews ought to be from people who have legitimately done business with these buyers in the past. If all of those testimonials are true, the seller can feel reasonably confident that they are dealing with someone honest and forthright in their business. Suppose you do uncover unflattering reviews. In that case, that is something that should raise a red flag and you would want to take your business elsewhere.

  • DOES THE BUYER HAVE EXPERIENCE IN SECOND-HAND MARKETS?

How long has the buyer you are considering working with operated in second-hand markets? Does it seem like they do business with others all the time, or are they brand-new? This is important because you would likely prefer to work with someone who has a solid reputation in the market. It is helpful to have someone to work with who has a wealth of knowledge about secondary jewelry markets.  They are seen as part of the secondary marketplace itself, which says something about how others view their trustworthiness. Perhaps you can count on them to come through for you on your transaction when they are as trusted as the other market players. 

  • WHAT ARE THEIR POLICIES ON SHIPPING AND INSURANCE?

If the online jewelry buyers you are considering selling to are offering to pay for the shipping and insurance on the product, that is a plus. Not all buyers will do this, but those who are willing to go the extra mile like that show that they are so interested in the product that they are ready to cover these additional expenses. It is nice to save some of your profits on shipping and insurance overhead costs. People who regularly sell jewelry know how important it is to keep an eye on the marginal costs of running their business. That is why they are thrilled to see when a buyer is willing to cover shipping and insurance. Do not expect this to happen every time, but think of it as a bonus when it occurs.

  • WATCH OUT FOR HIDDEN FEES

Always verify with the platform/website that you are listing your jewelry on if there are any hidden fees you should be aware of. Ensure that hidden fees are not cutting into your profits. Always review the website’s terms and conditions to understand what to expect.

  • CAN YOU GET SECURE SHIPPING?

Jewelry is a high ticket item and requires extra security and protective packaging to arrive safely. Always double-check the secure shipping methods which may be available and use them to your advantage. If secure shipping is not available in the region where you are selling your jewelry, you should seek other options.

SELL YOUR JEWELRY AT DIAMOND BANC

 
Diamond Banc is a great place to quickly sell your jewelry. The process is simple. 

You will:

  • Receive an expert evaluation of your piece of jewelry
  • Receive a quote
  • You choose to sell/loan if you are ready, and you receive your cash

 
It really couldn’t be much easier than that. Explore our website and find the information you need about your piece of jewelry and receive an evaluation. After that, you decide if you are ready to sell or loan it, then the process is done. 

Receive a price quote directly from our experts. You can decide if that quote meets your expectations or if you would rather hold on to the piece. It is entirely up to you, but you should know that the quote you receive is given after experts have reviewed the piece. 

Many people are retaining jewelry that is highly sought after. If a piece is no longer precious to you, perhaps it is time to consider selling it off.  After all, it could literally bring joy to someone else’s life, and you could get some cash for selling it. See what you can sell today!

Diamond Banc is the nation’s top-rated jewelry buyer & lender. Visit one of our nationwide locations, or work with us from the comfort of your home.

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How You Can Pawn Your Jewelry Efficiently https://www.diamondbanc.com/insider-news/how-you-can-pawn-your-jewelry-efficiently/ Thu, 10 Mar 2022 06:06:18 +0000 https://www.diamondbanc.com/?p=13921 Jewelry can make a great financial investment for the future, particularly rare gold, platinum, or diamond pieces of high craftsmanship that […]

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Jewelry can make a great financial investment for the future, particularly rare gold, platinum, or diamond pieces of high craftsmanship that appreciate with time. When you need instant cash or a cash loan to cover an unexpected debt or financial emergency, you can always pawn jewelry in Tampa, FL, to collect the funds you need. Whether you’ve purchased jewelry as an investment, received high-end jewelry as a gift, or have inherited antique pieces from a relative who has passed on, you could have a sizable share to fall back on in time of need. Working with the right pawn shop, jeweler, or other prospective lender/buyer is key to getting the best deal for your jewelry transaction. The following tips can help make your jewelry sale/cash loan efforts successful.

  • CHOOSE YOUR MERCHANDISE WISELY

Selling surplus jewelry is an excellent way to get immediate cash when you need it most. If you’re planning on pawning some of your jewelry, choose your pieces wisely. Diamond jewelry makes an excellent choice as it’s almost always in high demand and commands a reasonable price due to its popularity and unswerving value. Fine jewelry containing precious stones like emeralds, sapphires, and rubies can also bring in a reasonable price at a pawn shop, whether you’re selling or putting it down as collateral for a loan. Jewelry with semi-precious stones could be a backup if the pieces are in good shape and attractively designed.

Luxury watches are often hot items in pawn shops, particularly if they’re renowned brands like Rolex, Patek Philippe, or Omega. To get the optimum price, ensure the watch is clean and in working order before presenting it to the pawnshop. If you have the original packaging and paperwork for the watch, all the better, as it shows, it’s an authentic brand.

If you’re going to sell or pawn jewelry in Tampa, FL, stick to items of value. This is especially important if you want to use the pawnshop again in the future, as it gives you the reputation of being a trustworthy client. Establishing a good relationship with the pawnshop is key to getting low rates and a good return on your merchandise.

  • APPRAISE YOUR ITEMS IN ADVANCE

With pawn shops or jewelry buyers, you can get a good evaluation for your jewelry in advance. You can ensure you’re getting a good price by having your jewelry appraised in advance. That way, you’ll know what your pieces are worth and won’t undersell them at a significant loss. Knowing the market value of your items gives you the power to negotiate a good price when you pawn jewelry in Tampa, FL.

High-End-Watches-Rolex

High-end watches like Rolexes, for example, generally bring in around three-quarters of their market value. Having name-brand watches appraised before selling or pawning them gives you a starting point for bargaining. If you’re selling gold jewelry, check online to get an idea of the current gold price. If the price of gold is high at the time you’re planning to sell, consider taking your gold chains, bracelets, or other jewelry to a gold shop, as you may get more money from the metal’s value. Gold or platinum jewelry with diamonds or other precious stones will likely command a higher price at a pawn shop due to the cumulative value of gemstones and precious metals.

CHOOSE A REPUTABLE PAWN SHOP

 
If you want the best value for your items:

  1. Work with a reputable pawn shop you can trust.
  2. Take time to research pawn shops online to get an idea of the kind of merchandise they specialize in.
  3. Check their reviews to see how customers rate their business and services. You’ll feel more comfortable working with a reputable pawn shop and will have greater confidence that they won’t try to deceive you or take advantage.

 
When you’ve found the right jewelry buyers, whether in Tampa, Boca Raton, Miami, Palm Beach, or Orlando in the state of Florida, evaluate their process or speak to their experts to learn more about the evaluation process and the type of jewelry in your possession. If the buyer is mainly interested in diamond jewelry, don’t try to convince them to buy antique jewelry that they aren’t dealing in. Look for a place that will appreciate the merchandise you have to sell as you’re likely to get a better price.

  • DECIDE WHETHER YOU’RE PAWNING OR SELLING

Pawning-or Selling

There is a distinct difference between pawning an item and selling it outright. Before offering your goods to a jewelry buyer, decide in advance what transaction you’re going to make. Pawning merchandise means you have an opportunity to get it back if you so desire. You may, for example, decide to pawn jewelry in Tampa, FL, to get quick cash in between paychecks to cover an unforeseen debt, but you plan to recover that jewelry as soon as you get paid. It’s like taking out a loan and giving your jewelry as collateral. In contrast, selling your goods outright means you’re willing to let them go once and for all.

If the buyers are interested, discuss your options to better understand the transaction you wish to make. Talk about the terms of pawning your items to ensure you’re capable of completing those terms if you want your jewelry back.

  • EXPECT TO NEGOTIATE

Expect to negotiate prices with the pawnshop for the items you want to sell or pawn. If you’ve had your jewelry appraised, you’ll have a good idea of what it’s worth and can start negotiations at a slightly higher price. When it comes to gold or platinum jewelry, keep in mind that these prices fluctuate. If you’re selling your jewelry when the price is down, you can’t expect to get more than the current market value.

Negotiating is a good practice for the course when pawning jewelry in Tampa, FL. If you’re not good at negotiating, seek the help of a relative or a professional friend to do it on your behalf. At the same time, be realistic about the price you’re trying to obtain from your jewelry sale. If your asking price is too high, they may decide it’s not worth the trouble of doing business with you, which may close down negotiations before they even start.

When planning to pawn jewelry in Tampa, FL, consider how you can present your pieces in the best possible light. Presentation is essential when pawning or selling fine jewelry as it shows your merchandise is important to you and should be important to others as well. Handling your goods with care and showcasing them properly are signs that your items have value.

  • PLAN YOUR PRESENTATION

If your jewelry is dirty, tarnished, or in need of repair, take time to clean or repair the pieces you plan to sell to make them as attractive and appealing as possible. Rather than risk damaging jewelry by cleaning it yourself, delegate this task to a professional jeweler to ensure the job is done right. Fit any watches you’re selling with new batteries, and make sure they’re working like a charm before adding them to your collection of items to sell or pawn.

Taking the time to present your jewelry will make a positive impression on the buyer, improving the outcome of your sale. Boxing your pieces for display will not only make them look good but will also protect your valuables from getting lost or damaged.

TAKEAWAY…

 
At Diamond Banc, we assist customers with evaluating and buying fine jewelry and specific diamond jewelry products. With 125 years of experience in jewelry, Diamond Banc offers unmatched purchasing power, lending expertise, and overall industry resources.

We’ll duly evaluate your jewelry with our tried and proven process to ensure the best returns. Whether you’re selling or looking to get a loan against your prized jewelry, Diamond Banc has the resources, purchasing power, and lending experience to meet your needs. Talk to our experts today!

Diamond Banc is the nation’s top-rated jewelry buyer & lender. Visit one of our nationwide locations, or work with us from the comfort of your home.

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5 Tips For Selling Jewelry in Dallas https://www.diamondbanc.com/insider-news/dallas-jewelry-buyer/ Mon, 02 Aug 2021 21:28:15 +0000 https://www.diamondbanc.com/?p=12368 Whether you’re looking to sell jewelry inherited from family, let go of an old engagement ring, or simply upgrade your jewelry […]

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Whether you’re looking to sell jewelry inherited from family, let go of an old engagement ring, or simply upgrade your jewelry collection, selling jewelry can be difficult. Instead of keeping unworn jewelry in a forgotten drawer, selling an under-appreciated piece of jewelry can provide thousands of dollars in uncertain times. Nevertheless, the process of selling jewelry in Dallas can be an emotional one. Saying goodbye to a piece of your jewelry can be tough, and that’s without the added stress of trying to find the perfect buyer. How do you know where to start? You may feel overwhelmed or intimidated when it comes to selling your precious jewelry. However, it may help to begin the process with some practical tips that prepare you to sell jewelry as an informed seller.

Tip #1 – Know Your Selling Options

You have a lot of options for selling jewelry in Dallas which means it’s important to know the pros and cons of each so you can make an informed decision. The most common options for selling jewelry are pawn shops, retail jewelry stores, selling directly to a private buyer, or finding an expert jewelry buyer like Diamond Banc.

  • Pawn shops are a fast and convenient way to sell. However, they typically lack the true expertise needed to properly evaluate jewelry to determine its maximum value which means the prices offered will be substantially low.
  • Retail jewelry stores generally have the expertise needed to properly evaluate jewelry, so they will have a good understanding of its value. The issue you may face is that not all jewelers buy jewelry from the public. Even the ones that do, are often very selective about what jewelry they are willing to buy and simply cherry-pick the types of items they think they will be able to resell. Furthermore, many retail jewelers will only “buy” your jewelry if you’re willing to leave it with them on consignment where they sell it on your behalf and then pay you once it has sold. This means it will likely take months or even years for you to get paid for the jewelry.
  • You might assume that selling directly to a private buyer through channels such as eBay, Facebook Marketplace, or other online forums will result in the highest prices being paid for your jewelry. However, these options can be challenging and very risky! You’ll be required to take high quality photos and provide accurate descriptions of the jewelry. Then you’ll have to answer numerous questions about the piece in what can seem like a never ending back and forth between potential buyers. Then most importantly, you’ll have to be careful to avoid scammers and other unsavory individuals who target private sellers online.
  • The best option is to find a trusted expert jewelry buyer like Diamond Banc where you work with true jewelry industry experts in a safe, upscale environment. This will ensure every value-adding factor is taken into consideration to maximize your selling price and the process is simple and fast with funds being issued immediately.

Tip #2 – Understanding Appraisals

Appraisal_Microscope

Many people looking to sell their unwanted jewelry assume they will need to obtain an appraisal for their items. This is a common misconception and not something Diamond Banc recommends. To understand why, you should first know the reality of what an appraisal truly is.

In order to give the impression that you received an outstanding deal on your purchase, many jewelers artificially inflate the retail replacement value on your appraisal. Moreover, a retail appraisal represents the value to replace your item in “new” condition. However, in most instances, jewelry sold in the secondary market has been previously owned and worn. The combination of these factors can cause a dramatic discrepancy between the actual resale value for your jewelry and its appraisal value.

In the jewelry retail industry, most retail insurance appraisals are approximately 2.5 times the actual wholesale cost of the jewelry. Retailers add significant margins to compensate for the operational overhead of running a business such as rent, utilities, employee labor, marketing, etc. while ensuring they continue to generate a profit.

Diamond Banc does not recommend paying to have an appraisal completed as it’s ultimately an unnecessary expense. Our expert gemologists and experienced jewelry professionals will provide the most accurate valuation of your items. We have a pulse on the pre-owned jewelry markets and utilize supply and demand in the markets to determine the value of any piece. This is all done on the spot with zero pressure and zero cost to you!

Tip #3 – Consider The Factors That Determine Your Jewelry’s Value

Like most luxury items, there are many factors that will determine the true value of your jewelry. Some of the main factors include the jewelry’s style, age, condition, quality and most importantly, demand! The overall condition and quality of your jewelry is self explanatory, high quality pieces in great condition will be worth far more than low quality pieces in poor condition. The demand for an item is the single greatest factor that contributes to its resale value. If the piece is old and the style is outdated, demand will be low and the value will suffer. Whereas if you have a newer piece of jewelry that is a current style and hard to obtain, then the demand will be much higher, as will its value.

Tip #4 – Have Realistic Expectations

The brutal truth when it comes to selling pre-owned jewelry is that you won’t get anywhere close to what you originally paid for the item. There are a few exceptions to this rule such as some high demand Rolex sports model watches or highly sought after, rare designer jewelry pieces. As a general rule, you should not expect to sell your jewelry for the same price you paid or for what it’s appraisal value states it’s worth. The simplest way to think about it is to compare it to selling a car that you bought brand new from a dealership. The second you drove it off the lot it became pre-owned and the value instantly depreciated by a significant amount. You would never expect to sell your car for the same price you paid and your jewelry is no different. Having realistic expectations from the beginning will make the entire selling process go much smoother.

Tip #5 – Work With a Trusted Expert

Handshaking

As mentioned before, there are many options for selling jewelry in Dallas. Finding a trusted jewelry buyer in your area with a great reputation can be the difference between selling your items for top dollar in a safe, luxury environment or getting lowball offers in a high-pressure, uncomfortable setting.

Diamond Banc is the premier jewelry buyer for the greater Dallas area. Our highly trained jewelry experts are fully immersed in all facets of the pre-owned jewelry market on a daily basis. This means we know exactly how valuable your jewelry is, and we will pay you accordingly! If you have interest in learning how much you can sell your jewelry for, complete one of our simple online forms to get the process started, or contact Diamond Banc today.

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Tips from Tampa: How To Sell Your Jewelry Online https://www.diamondbanc.com/insider-news/tips-from-tampa-how-to-sell-your-jewelry-online/ Thu, 22 Jul 2021 21:08:21 +0000 https://www.diamondbanc.com/?p=12313 Do you have a diamond wedding ring from your broken marriage that you want to get rid of, or do you […]

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Do you have a diamond wedding ring from your broken marriage that you want to get rid of, or do you wish to sell your old jewelry to replace it with a trendy one? When you sell jewelry in Tampa to the local jeweler or pawn shop, you are likely to get cash instantly. But the amount of money you get is significantly lower than what you can get by selling your diamond jewelry online. Plus, it is significantly more convenient to sell jewelry online than you think. You can find different reputed online platforms that give you cash offers better than the brick and mortar stores.

 Selling jewelry online to reliable buyers offers a lucrative and fast option allowing you to transform your gems into cash. There are four main options to sell jewelry online from which you can choose according to your particular requirements and situation. Let’s explore these choices to sell jewelry online in Tampa quickly, professionally, and profitably.

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Online Brokering

Brokering is when you contact the buyer who has access to a private jewelry collector or professional jeweler and can present your jewels to them in the most impressive way. Jewelry brokering, in most cases, provides you with the quickest way to maximize your earnings through jewelry selling online. This route usually takes 24 to 48 hours to get the offers, and you don’t have any pressure of accepting an offer that buyers present to you.

Direct Selling

Another great way to sell jewelry online in Tampa is direct selling. To do this, you need to search for a well-known and trustworthy buyer who is famous for purchasing pre-owned jewels such as Diamond Banc. You can check out their reviews and ratings online to know about their reputation. These buyers purchase your relics at a fair market price, which is, in most cases, much higher than what you get at the physical jewelry shop or pawn shop. And you don’t have any obligation to accept this offer. Plus, you get the payment quickly in cash if you accept the offer.

Jewelry Consignment

You may be aware of the traditional jewelry consignment in which you give your jewelry to a local jewelry store for display until it finds a buyer. This is a time-taking process, and your jewelry may or may not sell at the end of the day. Moreover, the store may charge you some fees for display. The online jewelry consignment has changed this situation.

Now, you no longer need to pay frequent visits to the jewelry store to see if your piece is still there or sold. Some sites present your jewels after polishing, grading, cleaning, and professional photography. This helps your jewelry to get the maximum attention of the potential buyers, and you get the maximum possible price. These stores may charge a small fee, but that is worth it.

Online Auctions

Online auction platforms like eBay provide you with an opportunity to sell jewelry online at the price you want. Your jewels grab the attention of thousands of jewelry lovers from across the globe, which makes this option highly competitive. When you place your jewels in the auction, you have the authority to accept or reject offers depending on your situation.

By adopting any of these methods to sell jewelry online in Tampa, you can get the maximum value from your jewelry selling quickly and efficiently.

The post Tips from Tampa: How To Sell Your Jewelry Online appeared first on Diamond Banc.

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