Boca Raton Archives - Diamond Banc Liquify Your Luxury Thu, 30 May 2024 21:19:44 +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 Boca Raton Archives - Diamond Banc 32 32 Get the Best Price for Your Pre-Owned Rolex in Boca Raton https://www.diamondbanc.com/insider-news/sell-your-pre-owned-rolex-in-boca-raton/ Thu, 16 May 2024 20:56:53 +0000 https://www.diamondbanc.com/?p=21181 Are you looking for a reliable Rolex buyer in Boca Raton and feeling overwhelmed? Rolex watches are highly coveted luxury items […]

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Silver watchs

Are you looking for a reliable Rolex buyer in Boca Raton and feeling overwhelmed?

Rolex watches are highly coveted luxury items worldwide, no matter the age or model.

Before considering a casual post on Facebook saying, “Okay guys, I want to sell my Rolex, who’s buying?”, there are 5 key elements to evaluate to determine your watch’s value in the second-hand market.

Read this article to discover essential tips for selling a used Rolex in Boca Raton and learn how to do it securely, innovatively, and profitably!

What’s the condition of my timepiece?

When selling a used Rolex, examine its current condition for any physical damage such as dents, scratches, or a non-functioning mechanism.

Your Boca Raton Rolex buyer will scrutinize these aspects, so it’s crucial to be aware of them beforehand, as they can significantly impact the offer you receive.

Is the original box and documentation still around?

A used Rolex watch holds more value if it includes the original box, papers, and any additional accessories.

Counterfeiting is prevalent in the pre-owned market, so having the original purchase receipt can greatly expedite the assessment process for your Boca Raton Rolex buyer.

Diamond Banc will buy your Rolex even without the original box and papers, but having them will significantly enhance your offer.

Knowing my Rolex’s model and year of production

To verify the authenticity of a used Rolex, Boca Raton Rolex buyers check the following:

Find the reference number

Your reference number, also known as the model number, identifies the exact Rolex model you own.

Depending on your watch model, this number can be found either between the lugs at the 12 o’clock position or between the lugs at the 6 o’clock position.

To find it, check where the bracelet or strap connects to the watch case. After removing the bracelet or strap, you should see a 4 to 6-digit number engraved on the metal.

Additionally, if you still have the original box and Rolex documents, the reference number will also be listed on the certificate of authenticity.

Find your one-of-a-kind serial number

Your Boca Raton Rolex buyer can utilize the serial number on your Rolex watch to pinpoint its exact year of production.

Your Rolex watch serial number is located beneath the six o’clock position. This number can be seen by looking into the crystal glass on the inner part of the bezel.

Find the current market value of your particular Rolex model

Rolex-watch-picture

Market realities for pre-owned Rolex watches constantly fluctuate over time. The primary driving force that sets the tone for the pricing elements is good old-fashioned supply & demand.

From its outbreak in 2020, the pandemic had led to an increase in prices of sport models year after year until the summer of 2022, when the numbers began descending — or back to normal levels as suggested by watch experts.

It’s important to understand the difference between a watch’s retail price and its market value. For Rolex watches, the market value often doesn’t align with the original retail price, especially for models that are discontinued or hard to find.

When demand exceeds supply, prices for highly sought-after Rolex models, such as the Rolex Yacht-Master 40 with a blue dial, can double in the secondary market.

Take the Rolex Yacht-Master 40 (Ref #126622) with a blue dial and a two-way rotatable platinum bezel as an example.

In 2018, Rolex released an updated version of this model, which was priced at around $12,500 at Authorized Dealers.

By the third quarter of 2022, pre-owned Rolex Yacht-Master 40s were selling for about $16,000 USD, though this was a 15% decrease from prices in March of the same year. Despite depreciation, this watch can sell for approximately 30% above its original MSRP.

Use our Rolex Value Calculator for comparative data on the up-to-date prices in the pre-owned market to get a good idea of what your model could be worth today.

How to Sell my Rolex in Boca Raton without getting ripped off!

Now that you have an estimate of your Rolex’s value, it’s time to decide where to find a buyer in Boca Raton.

Will you search for a buyer on your own, or will you turn to an established business for assistance?

Let’s consider a few options that may not offer the best customer experience, the highest deals, or ensure a safe transaction.

  • Craigslist: Never meet someone you don’t know, even if they promise to pay you in cash.
  • eBay: Some people are tricked by fake PayPal payment confirmations and give away their Rolexes, thinking they got a great deal.
  • Online auction sites: Online auctions site won’t get you the highest possible price for your Rolex but rather what your potential Rolex buyer can afford.
  • Pawnshops: Some pawnshops engage in deceptive sales practices, offering low prices for goods and pressuring sellers to accept an offer that comes with a countdown.

When selling a used Rolex watch, working with an experienced and reputable Boca Raton Rolex buyer such as Diamond Banc can make a world of difference.

Throughout the years, we’ve built a network of contacts with Rolex dealers, retailers, and private collectors to ensure your timepiece is matched accordingly.

Rolex watch buyers in Boca Raton: Trust industry pros

Rolex

In Boca Raton, choosing the right place to sell your Rolex is key to maximizing your returns. While there are many Rolex buyers in the area, they don’t all offer the same level of expertise or service. At Diamond Banc, we are your reliable Rolex buyer, specializing in pre-owned Rolex timepieces.

Selling your Rolex with Diamond Banc is a smooth and effortless experience. Our team of professionals emphasizes transparency and integrity throughout the process. We carefully evaluate your Rolex, taking into account its model, age, condition, and rarity to ensure you receive the best possible offer.

Our efficient selling process in Boca Raton guarantees convenience at every stage. From the initial evaluation to the final transaction, we strive to make the experience seamless and stress-free. Trust Diamond Banc as your top choice for selling your Rolex, and let us help you get the maximum value for your watch.

Diamond Banc always encourages customers to compare offers and come to us to see if we can do better. So if you’re in the Boca Raton area and search “Rolex buyers near me” — make sure you do your due diligence for whatever businesses pop up on the results page.

You can sell your Rolex online in 3 easy steps and get started with the help of this simple form.

Better yet, you can hybrid the process by receiving an initial offer from us online and visiting our Boca Raton office in person to complete the process.

Kathleen Trocine, our super friendly Market Director, will be delighted to welcome you for a comfortable sit down where we can discuss in total privacy. 

Call (561) 430-5035 to book an appointment and bring us your Rolex watch for a thorough evaluation.

Diamond Banc offers an uncomplicated, convenient, and customer-centric approach to selling your Rolex watch in Boca Raton with maximum confidence.

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Your Comprehensive Guide to Selling Diamonds in Boca Raton, FL https://www.diamondbanc.com/insider-news/guide-to-selling-your-diamonds-near-you-boca-raton-fl/ Fri, 30 Jun 2023 21:01:32 +0000 https://www.diamondbanc.com/?p=18614 If you reside in Boca Raton and are seeking to sell your diamonds, rest assured that you have arrived at the […]

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If you reside in Boca Raton and are seeking to sell your diamonds, rest assured that you have arrived at the ideal destination. It is essential to find a reputable diamond buyer to ensure a satisfactory and equitable selling experience. Fortunately, Diamond Banc offers a fast, simple, and secure way to access a diamond buyer near you.

Selling your diamonds locally in Boca Raton comes with its own set of advantages. Not only does it provide convenience, but it also allows you to work closely with a diamond buyer near you, facilitating smoother communication and leveraging the expertise of Kathleen Trocine, Boca Raton Market Director. Whether you’re looking to sell an heirloom diamond ring or part ways with a cherished diamond necklace, this guide will equip you with the knowledge and insights needed to navigate the process of selling your diamond and connect you with a reliable diamond buyer near you. Tell us about your diamond to get a quote from the diamond buyer in Boca Raton, FL today.

In this guide, we will cover important aspects to consider when selling your diamonds. We will start by discussing the process of researching trustworthy diamond buyers near your location. Evaluating their credentials, expertise, transparency, and trustworthiness will also be emphasized. Additionally, we will provide a detailed overview of the steps involved in selling your diamonds, including obtaining a quote, undergoing expert evaluation, and exploring convenient selling options.

Exploring the Upsides of Selling Diamonds in Boca Raton, FL

Convenience and Proximity: Easy Access and Smooth Communication

Selling your diamonds locally in Boca Raton, FL offers the advantage of convenience and proximity, ensuring easy access and seamless communication. By working with Kathleen Trocine, the Market Director and nearby diamond buyer, you can enjoy the benefits of face-to-face interactions, eliminating the need for long-distance transactions or shipping your valuable diamonds. This close proximity fosters smoother communication and allows for a personalized selling experience. You can conveniently schedule appointments, discuss your specific requirements, and seek clarifications with Kathleen, all without the logistical challenges associated with distant buyers.

Expertise and Knowledge: Leveraging the Market Director’s Insights

Kathleen Trocine, the Market Director of Diamond Banc in Boca Raton, has expertise and knowledge in the jewelry industry. As a GIA Graduate Gemologist with over 20 years of experience, Kathleen brings valuable insight to her clients. Her deep understanding of diamonds and the local diamond market allows her to provide accurate assessments, expert advice, and guidance throughout the selling process. Whether you have inquiries regarding the quality of your diamonds, the offered price, or the current market trends, Kathleen’s expertise ensures a smooth and informed selling experience.

Enhanced Trust and Transparency with The Diamond Buyer Near You

Selling your diamonds locally in Boca Raton ensures an environment of trust and transparency. Kathleen prioritizes open communication and transparent transactions. Her commitment to customer satisfaction establishes a foundation of trust from the beginning. Kathleen’s focus on providing fair evaluations and clear explanations throughout the selling process instills confidence and peace of mind. By working with the diamond buyer near you, you can navigate the selling journey with reliability and satisfaction. With Kathleen’s expertise and dedication to transparency, you can experience a diamond selling process that is trustworthy and gratifying.

A Step-by-Step Guide to Selling your Diamond in Boca Raton, FL

Thorough and Comprehensive Evaluation Process

At Diamond Banc in Boca Raton, FL, we employ a meticulous and comprehensive approach to evaluate the value of your diamonds when you choose to sell. Our team of experts specializes in assessing various factors that contribute to the diamond’s worth, including its carat weight, shape, color, and clarity. Through careful examination of these characteristics, we accurately determine the current value of your diamond.

As diamond buyers experienced in dealing with diamonds of all shapes and sizes. Our extensive network and nationwide selling pipeline allow us to pay premium prices for diamonds of all kinds. We have built relationships with collectors, wholesalers, and retail jewelers who have serious interest in different shapes, sizes, qualities, and quantities of diamonds. This network enables us to find the right buyer for your diamond, ensuring that you receive a fair and competitive offer.

Going Above and Beyond

At Diamond Banc in Boca Raton, FL, we go above and beyond to provide you with an accurate quote when selling your diamonds. Our approach is distinct; we present you with equivalent diamonds currently listed for sale on the largest diamond dealer platform. By comparing these diamonds to yours, we explain how we utilize this information to determine the present value of your diamond. This transparent process allows you to grasp how market factors influence the worth of your diamond, empowering you with confidence and knowledge to make informed decisions.

Moreover, at Diamond Banc, our commitment extends beyond merely purchasing your main center diamond. We also offer to buy the ring setting and wedding band, if applicable. As the client-focused diamond buyer in Boca Raton, we recognize the value of your entire jewelry piece and provide comprehensive solutions for selling your diamonds and associated components.

Competitive Valuation: Securing an Accurate Quote

At Diamond Banc, when you choose to sell your diamonds near you, obtaining a precise and competitive quote is an essential step in the process. We prioritize transparency and fairness, ensuring that you receive an evaluation that reflects the current market value of your diamonds. Our dedicated team of experts conducts a comprehensive assessment to derive an accurate quote.

As diamond buyers with extensive industry connections, we leverage our vast network and expertise to ensure that the quote we provide is both competitive and aligned with the true value of your diamonds. Through our established relationships with collectors, wholesalers, and retail jewelers, we stay up to date on market trends and ensure that you receive a genuinely fair offer.

We encourage you to explore your options and compare before you visit us. We are confident in our ability to surpass your best offer for your diamonds. Our compassionate staff creates a zero-pressure environment, taking the time to explain the factors that determine our offer. You are never under any obligation to sell, and we prioritize your comfort and satisfaction. Rest assured, we offer immediate and hassle-free funding, providing you with utmost convenience. 

Customized Selling Solutions: Sell or Consign your Diamond

At Diamond Banc of Boca Raton, we recognize that each customer’s selling situation is different. That’s why we provide a variety of tailored diamond selling options designed to meet your specific circumstances and objectives. Whether you seek a swift and convenient sale or aspire to attain the highest possible selling price over time, we offer the ideal solutions to cater to your requirements in Boca Raton, FL.

Immediate Purchase: Quick and Convenient Selling Option

For those in Boca Raton, FL seeking a prompt sale with a nearby diamond buyer, our efficient selling option is the ideal selection. Through Diamond Banc of Boca Raton, our experienced Market Director, Kathleen Trocine, conducts a meticulous evaluation of your diamonds, taking into account their quality and unique characteristics. Based on this assessment, we provide you with a competitive purchase price that accurately reflects their current market value. With our streamlined selling process, you can enjoy a hassle-free experience and receive prompt payment for your diamonds right here in Boca Raton, FL.

Consignment Services: Achieving the Best Selling Price Over Time

If you have a longer timeframe and aspire to attain the highest possible selling price for your diamonds, our consignment services is an exceptional choice. Through consignment, you collaborate with Diamond Banc, a trusted local diamond buyer, to sell your diamonds at the opportune moment, capitalizing on favorable market conditions and potential price fluctuations. Throughout the consignment period, our Market Director, Kathleen Trocine, will work closely with you to establish a consignment purchase price based on a thorough evaluation of your diamonds. We proactively market and showcase your diamonds to potential buyers, leveraging our expertise and extensive network. This strategic approach ensures maximum exposure and provides the best possible selling opportunities, ultimately leading to the highest achievable selling price over time.

Finalizing the Sale

As we finalize the sale, our utmost priority is to facilitate a seamless and transparent process. To provide you with peace of mind, we offer secure payment methods, including checks or wire transfers. Our goal is to ensure a smooth and secure transaction, verifying the diamond’s condition and equipping you with the necessary documentation for your records.

Your Trusted Diamond Buyer Near you in Boca Raton, FL

In conclusion, Diamond Banc stands as your trusted diamond buyer in Boca Raton, offering a comprehensive solution tailored to your selling needs. Experience the Diamond Banc difference by working with a reputable buyer who values transparency, fairness, and client satisfaction above all else. Whether you opt for our immediate purchase option or choose our consignment services, rest assured that we are dedicated to providing a seamless and trustworthy selling experience.

If you reside in Boca Raton, FL and are looking to sell your diamonds or pawn your diamonds, Diamond Banc is the ideal destination. Finding a reputable diamond buyer near you is essential to ensure a fair and gratifying selling experience, and we provide a fast, simple, and secure way to access a nearby diamond buyer. The convenience and proximity of working with Market Director, Kathleen Trocine, allows for efficient communication and the opportunity to benefit from the extensive knowledge.

Regardless of whether you’re selling a treasured heirloom diamond ring or bidding farewell to a cherished diamond necklace, our guide has equipped you with the essential knowledge and insights needed to navigate the selling process successfully. At Diamond Banc, we firmly uphold the belief that the value of your diamonds goes beyond the initial offers presented by certain buyers. We are steadfast in our commitment to ensuring that you obtain the highest possible return for your precious diamonds. That’s why we strongly encourage you to compare offers from other competitors before reaching a decision. Our objective at Diamond Banc is to deliver an exceptional selling experience and optimize the value you receive for your diamonds in Boca Raton, FL.

Experience the difference in our Boca Raton office located at 100 S Federal Hwy.

Kathleen Trocine is our Market Director and a GIA Graduate Gemologist & has more than 20 years of experience in the jewelry industry.

You may book an appointment with her or start the process yourself online now!

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Pawn shops in Boca Raton: Interest Rates & APR made clear https://www.diamondbanc.com/insider-news/pawn-jewelry-in-boca-raton-interest-rates-and-apr/ Mon, 19 Dec 2022 10:00:30 +0000 https://www.diamondbanc.com/?p=15615 When you choose to pawn jewelry in Boca Raton, you also refuse to let go of a piece you deem special […]

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When you choose to pawn jewelry in Boca Raton, you also refuse to let go of a piece you deem special to you by selling it outright.

Before choosing where to get a decent jewelry pawn loan — it’s essential to deal with a business where the terms are clear, easy to comprehend, and without any smoke & mirrors.

We believe that as an informed customer, it’s only fair you acquire sound knowledge and comprehend what the numbers in a loan term mean before you write down your signature.

Are you considering getting a loan on jewelry in Boca Raton? Let’s define interest rates, APR and present you with a representative example so you can feel confident about your decision in the long run.

Define interest rate

The cost of borrowing money is what defines the interest rate you pay Diamond Banc to pledge your fine jewelry as security collateral.

When the amount you borrow against your jewelry is between 30-50% of your item’s liquid wholesale value — we have a fixed jewelry pawn loan interest rate of:

  •  2.5% per month 
  • or 30% APR 

In case you need a large amount of capital against your antique, designer, or custom jewelry — you can borrow up to half a million dollars (fast/secure/confidential).

What is APR?

The APR or annual percentage rate is a fixed yearly rate representing the sum of supplementary charges necessary to make up the loan, including the interest rate, insurance, storage fees, and security.

The convenience of knowing how APRs work is that you can use them as marketing comps shopping for the jewelry loan with the best terms when shopping for pawn shops in Boca Raton.

Case Interpretation (for example)

Meet Nancy, a general practitioner in her mid-thirthies from West Miami.

Nancy wishes to remodel her home’s kitchen with new floor and tiles and and paint job.

The home hardware store down her street is closing down and having liquidation sales and she couldn’t think of a better time to make a move.

She doesnt have a couple of thousands handy to finance these renovation so she decides to open her jewelry box. With a few designer pieces in her collection, she picks her Love bangle bracelet by Cariter in yellow gold.

After searching online with “pawn jewelry near me”, she found Diamond Banc. To get an idea of how much could she get for get bracelet, Nancy fills out a simple form to provide more detail concerning her item.

A day later, an initial offer via email arrived for $5,000 USD. Nancy desires simple monthly payments with equal amounts for her jewelry pawn loan with a 2 years term.

Mathematically speaking, this means:

  • 5,000 x 0.025 = $125 per month of interests payment

OR

  • 5,000 x 0.3 [APR] = $1,500 [one year] x 2 = $3000 of total interest paid after 2 years when her item is recouped

In this situation, a loan on jewelry was the fastest and most convenient way for Nancy to get a quick loan without jeopardizing her credit score or sacrificing her gorgeous jewelry!

A Flexible & Tailored Repayment Plan

If you’re looking for a convenient way to pawn jewelry without high-pressure tactics or time-sensitive offers, come to Diamond Banc.

When we make you an offer, you can customize your repayment plan according to your own pace. Our typical jewelry pawn loans can range anywhere from 30 days to 5 years, therefore the length is exclusively dictated by you.

The best thing about this plan is that you can extend your repayment plan for as much 30-day periods as required, as long as your account is in good standing. When you make payments above minimum the interest, they are applied to your loan’s principal balance and helps you settle quicker.

Get a decent loan on jewelry in Boca Raton

Jewelry pawning with Diamond Banc is fast, time-saving and tailored to your particular financial situation.

We approach every customer request individually and operate with utmost integrity and transparency when it comes to appraising jewelry and making you an offer.

Don’t settle for some lowball offer with questionable terms at some random pawn shop in Boca Raton! Save yourself the trouble and work with knowledgeable experts with lots of experience in the jewelry industry.

You can start the jewelry pawn loan process online to get an initial quote for your jewelry and receive an offer just under 24 hours. 

We encourage you to also compare rates elsewhere and see how Diamond Banc is the best place to pawn jewelry.

Our main objective is making the process of obtaining a loan on jewelry easy and exciting in a discrete, secure and relaxed environment. We want to empower you with excellent customer service and help you retrieve your items ASAP.
Visit our Boca Raton office to meet our wonderful Market Director, Kathleen Trocine — she’s got a substantial background in the jewelry world and takes pleasure in helping customers!

Pawn Shop Boca Ratonnavigate_nextGet A Loannavigate_nextLocationsnavigate_next

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How To Sell Your Rolex Watch Confidently & Profitably in Boca Raton, FL https://www.diamondbanc.com/insider-news/sell-my-rolex-boca-raton/ Thu, 29 Sep 2022 11:39:41 +0000 https://www.diamondbanc.com/?p=14956 If you’re thinking about selling your Rolex, you might wonder where to begin. Many fine watch collectors have older watches that […]

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If you’re thinking about selling your Rolex, you might wonder where to begin.

Many fine watch collectors have older watches that they no longer wear. If this is your case, we can help you turn them into funds for a new Rolex watch model upgrade, a family vacation, or some extra cash flow.

Here are a few giveaway tips to help you learn more about the value of your piece in the current pre-owned market and make sure you deal with a reliable, reasonable-paying Boca Raton Rolex buyer.

Condition of the watch & original packaging

The first thing to do before looking for a steadfast Boca Raton Rolex buyer is to scrutinize the current physical condition of your timepiece inside and out.

Even though Rolex watches are known for their durability and longevity qualities, like any other luxury watch or jewelry, they can become vulnerable to damage due to wear. 

Anything from scratches, dents, or complete mechanical non-function can drastically bring down your offer — so it is critical to acknowledge such flaws when appraising a Rolex.

Suppose you’ve replaced your original Oystertell bracelet due to damage with a replacement part from the aftermarket, for instance. In that case, that too can bring down your offer because a serious Boca Raton Rolex buyer will prefer an original factory-made Rolex timepiece vs. one containing non-authentic parts.

Having the original receipt, box, warranty card/papers, and provenance can hugely impact and increase the value of a Rolex watch, especially for discontinued, vintage, and sport Rolex styles. 

These documents lend credibility to the authenticity of a watch and allow a potential Boca Raton Rolex buyer to pay more for models with accompanying paperwork. 

Moreover, the number of rare watches with this supporting documentation is exponentially less and, therefore, more desirable.

Sell my Rolex watch: Authenticity check 

An educated Rolex buyer will want to ensure the authenticity and provenance of your used Rolex by inspecting it thoroughly. This includes examining the following key features:

The reference number

The reference number will help reveal the exact model of your Rolex watch. 

The model number of your Rolex watch can be found between the lugs at the 12 o’clock position. The number is typically four to six digits long and etched onto the watch case’s side.

If you still have the original box and papers, the serial number is also printed on the certificate of authenticity issued by Rolex.

The serial number

Right below the six o’clock hour mark, you can spot the unique serial number of your Rolex watch.

The serial number on a Rolex watch provides information about when it was manufactured. The model and year of your Rolex watch can help your Boca Raton Rolex buyer assess its resale value in the secondary market.

What’s my specific Rolex watch model worth in the market today?

If you want to sell your Rolex watch, it is best to consider its value in terms of what the market dictates your exact model is worth rather than retail value.

Rolex watch model worth

The sole driving force that decides the current value of your Rolex watch is factors such as supply and demand. Focusing only on the retail value will likely set a false expectation that will lead you to a disappointing outcome.

The more rare a Rolex model is, the higher it typically sells for. 

Certain discontinued color combinations are tough to find on the pre-owned market, such as the blue and blue bezel GMT Master-II Rolex nicknamed “Pepsi” or the green “Kermit” Submariner.

Do your homework to find a reputable and honest Rolex buyer

Now that you have more information about your timepiece, it’s time to match it with the perfect Boca Raton Rolex buyer.

When typing queries on your search engine, such as “Rolex buyers near me,” make sure you do your homework on whatever business that pops up on the results page. 

This includes checking if they’ve got a website or 3rd party sites like Facebook, Google Reviews, or Yellowpages where you can read testimonials from actual customers.

Diamond Banc is uniquely positioned to help you sell your Rolex watch because we:

  • Have in-house watch connoisseurs with a hands-on familiarity with Rolexes
  • Are rated A+ at the Better Business Bureau [BBB] to embrace integrity in all operations
  • Have a diverse and extensive network of Rolex dealers, retailers, and private collectors

Diamond Banc is committed to operating in an honest and forthright manner. We’re always accessible and happy to answer any questions you may have about your watch’s journey from our vault and back to your door if you decide not to sell.

Trust Industry Experts like Diamond Banc

We believe the selling process should be a rewarding and stress-free experience for both the seller and the buyer.

Here are a couple of reasons why you can trust Diamond Banc:

  • A company with a legacy that spans over 125 years
  • Certified professional staff with extensive experience
  • No-risk, no-obligation policy
  • Your item always insured while in transit & in our possession
  • Our offers are driven by data from updated & predictable market trends
  • We keep our customers notified throughout the entire process
  • Simply the best place to sell your Rolex online

We are dedicated to operating with transparency, convenience, and integrity. Our expert assesors take time to explain how we arrived at our offers and honor them without putting any ridiculous pressure as shady pawnshops would often do. 

Diamond Banc is simply the best place to sell your Rolex online or in-person at our Boca Raton office situated a few blocks from The Boca Raton Golf Club.

Our Market Director, Kathleen Trocine, has more than 20 years of experience in the jewelry industry and can help you get a clear picture of what your Rolex is currently worth in the pre-owned market.

Our goal is to provide outstanding customer service and the highest possible payout in the Sunshine State so you can feel confident in your decision-making. 

Sell Your Rolex Watchnavigate_nextBoca Raton Rolex Buyernavigate_nextLocationsnavigate_next

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Sell Your Jewelry For Top Dollar in Boca Raton https://www.diamondbanc.com/insider-news/sell-your-jewelry-for-top-dollar-in-boca-raton/ Tue, 27 Jul 2021 20:04:31 +0000 https://www.diamondbanc.com/?p=12355 You may want to sell jewelry in Boca Raton for various reasons, such as to upgrade your jewelry collection, a change […]

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You may want to sell jewelry in Boca Raton for various reasons, such as to upgrade your jewelry collection, a change in your life situation, to sell your inheritance, or something else.

Irrespective of the reason, you certainly want to sell your diamond jewelry to make the most money out of it. We have explained some options here to help you sell jewelry at the best possible price.

Selling Jewelry to Diamond Jewelers or Retailers

The first place that comes to your mind when you want to sell jewelry in Boca Raton is diamond jewelers or retailers. They clearly are a good choice, but when you have to sell your jewelry on an urgent basis. They are specialists in selling and buying diamond jewelry, so you can get a quick cash offer, and if you accept it, they execute it quickly. However, they pay significantly lower than the market price.

Some jewelry stores or retailers may offer you to display your jewelry in their store and charge you a certain fee for it. This might give you a bit higher price, but this process can take time, and you don’t know how much. If you’re not in a rush to sell jewelry, you can contact different retailers in your area and negotiate to get a better price.

Selling Your Jewelry on Online Platforms

Arranging an auction through online platforms like eBay is another option to sell your diamond jewelry. For this, you need to provide complete details of your diamond jewelry along with certifications so that buyers know exactly what you are selling. This can be a time-consuming process and requires patience. Moreover, these platforms charge a fee when you finally sell your item, which puts less money in your pocket. At Diamond Banc, you can begin the process of selling your items online and complete the process in person with a professional. Mia is the director of our office located in Boca Raton who is a professional diamond buyer.

Sell Jewelry to a Diamond Specialist

Selling your jewelry to a diamond specialist has advantages over other options. They thoroughly assess the pieces and give you an offer based on their actual worth. Although it’s less than the actual price, it’s still better than what others might be offering. Moreover, as there is no third party involved in the selling and buying process, you don’t have to pay commission. It means you get to keep the entire amount of the selling price.

By doing business with us, you can get the best value for your diamond jewelry. Diamond Banc is a specialist dealing in diamond jewelry and collateral. We have GIA-certified and experienced diamond experts who professionally evaluate your jewelry and determine a competitive price for it. This enables you to get maximum value for your jewels.

If you wish to sell or pawn jewelry in Boca Raton, or sell your loose diamonds, you can explore the above-mentioned options and choose the one that suits your needs and goals.

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How To Sell Diamonds Like A Professional in Boca Raton https://www.diamondbanc.com/insider-news/how-to-sell-diamonds-like-a-professional-in-boca-raton/ Mon, 26 Jul 2021 14:44:20 +0000 https://www.diamondbanc.com/?p=12317 You may want to upgrade your current diamond jewelry to buy a new one or facing a difficult financial situation. Or […]

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You may want to upgrade your current diamond jewelry to buy a new one or facing a difficult financial situation. Or have you called off your engagement? You may need to sell your diamonds at one time or another. And selling your diamond jewelry can be stressful and challenging.

If you intend to sell diamonds in Boca Raton, you should be extremely cautious about the choice of the buyer. Selling your diamonds or diamond jewelry to pawnshops or local jewelers gives you a significantly low amount of cash as they play with your desperation. But if you sell diamonds to a recognized buyer like Diamond Banc, you’ll get a competitive price for your gems.

Things to Know When Selling Diamonds

However, when you get in the market to sell diamonds, you must remember a few things to manage and develop realistic expectations:

  1. You won’t get the amount of money you paid for your gemstones or diamond jewelry.
  2. Avoid going to local jewelry shops or pawn shops to sell diamonds in Boca Raton.
  3. Do your research and be prepared to wait for some time until you get a reasonable price.
  4. You can get the best price for your gems from professionals who deal in luxury diamond jewelry such as Diamond Banc.

Effective Ways to Sell Diamonds Like a Professional

Here are some ways to sell your diamonds or diamond jewelry like a professional in Boca Raton:

Sell Diamonds Privately

One of the most profitable ways of selling your diamond jewelry is to sell it privately on different online platforms such as Craigslist or eBay. This probably gives you the highest percentage of your diamond’s actual price. But this process takes time and patience because finding used diamond jewelry buyers is not an easy thing to do.

Sell it to Your Local Jewelry Store

Well, as mentioned earlier, you won’t get a good price for your jewels when you sell them to a local jewelry store as they already have suppliers who sell them gems at really good prices. So they won’t be able to give you a significant offer. In most cases, they offer you a price that is quite below the actual market price of your diamonds. Try this if you immediately need cash and have no other option.

Sell Diamonds to a Specialist

Another viable and certainly the best option is to sell your diamonds to a company that is a specialist in buying second-hand diamonds or jewelry. Diamond Banc is an expert in buying diamond jewelry and luxury jewelry assets. Our GIA-certified experts inspect your diamond and offer the most competitive price for your pre-owned jewels. This is your best bet to get the most of your diamond selling experience. Although you may not receive the retail price you originally paid for your diamond, you’ll certainly get much better than you get from a local jewelry shop or pawn shop.

Get A Quote

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Borrow Against the Value of Your Jewelry in Boca Raton https://www.diamondbanc.com/insider-news/boca-raton-borrow-against-the-value-of-your-jewelry/ Tue, 20 Jul 2021 22:40:48 +0000 https://www.diamondbanc.com/?p=12172 For most people, jewelry has strong emotional connections, and departing with it isn’t always easy. You may feel overwhelmed by the […]

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For most people, jewelry has strong emotional connections, and departing with it isn’t always easy. You may feel overwhelmed by the thought of selling your jewelry. But at times, you have a pressing financial need, and you have no other source to fulfill it. In such cases, your prized possession can come to your rescue. Instead of selling it, get a loan secured by your jewelry in Boca Raton without losing ownership of your valuable assets. It’s a sensible and quick way to get funds for your immediate needs without giving up your jewels.

Ways to Borrow Against the Value of Your Jewelry

There are different jewelry lenders and financial institutions that may accept jewelry as loan collateral, but they have certain terms and conditions. Getting jewelry equity loans from Diamond Banc is usually more favorable than conventional pawnshop loans against your jewelry items. The available options to loan your jewelry in Boca Raton, you can explore the following options:

Taking a Bank Loan

Some banks provide you with jewelry secured loans in addition to the home or car loans that are often backed by collateral. Usually, banks conduct the appraisal of your jewelry to establish its value and ensure that it’s secure enough to offer a certain value of the loan. Plus, the time they take to process the loan is longer, and they also perform credit checks. Furthermore, most banks don’t want to keep smaller pieces as collateral, so you probably need a relatively valuable and larger jewelry piece if you plan to adopt this method.

Jewelry Equity Lenders

The jewelry equity lenders exclusively deal in jewelry and probably lend a higher amount of loan against your jewelry than the other options. Although they operate similarly to pawn shops as they sell your assets, if you don’t return the loan amount within time-frame, they may charge lower rates of interest. This makes borrowing more affordable and convenient.

Diamond Banc is a leading jewelry equity lender that provides millions of dollars worth of secured loans against expensive luxury jewelry. The company has years of experience in the industry and understands the worth of your valuable pieces. We value your jewelry and consider every factor during the evaluation process ensuring convenience and complete transparency. In addition to physical locations, we also offer loans online through our website.

Two Tone Rolex Datejust

Things to Consider When You Borrow Against the Value of Your Jewelry

When you are planning to loan jewelry in Boca Raton, the first thing you need to consider is the pre-owned value of your jewelry item. You can contact our certified and experienced valuation experts at Diamond Banc in Boca Raton, who can provide you with an accurate calculation of your jewelry value. Knowing your jewelry’s value gives you a better understanding of the loan amount offered before pledging it.

Moreover, you should choose a jewelry equity lender with a trusted reputation so that your precious pieces remain in secure hands. Diamond Banc is the most trustworthy and known jewelry equity lender and buyer, so you need not worry when you hand over your valuable jewelry to them.

 

Out of all the above-mentioned options to get a secured loan against your jewelry in Boca Raton, Diamond Banc’s jewelry equity loan service is the most convenient, secure, and reliable option.

Get A Quote

 

 

 

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Rolex Values Are Booming in Boca Raton! https://www.diamondbanc.com/insider-news/rolex-values-are-booming-in-boca-raton/ Fri, 18 Jun 2021 18:23:28 +0000 https://www.diamondbanc.com/?p=11968 Why are Rolex prices booming? Current global market conditions have led to a never before seen boom in the value of […]

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Why are Rolex prices booming?

Current global market conditions have led to a never before seen boom in the value of pre-owned Rolex watches. Worldwide manufacturing delays resulting from the COVID pandemic have affected the output of many companies, including Rolex. This factor coupled with advancements in technology and society’s embracement of transparent Peer to Peer selling, as well as a growing appreciation for pre-owned luxury goods has dramatically increased the value of Rolex watches. 

Today there are countless quality online options for consumers to purchase and sell pre-owned Rolex watches. This was virtually unheard of only a few short years ago. This ease of safe digital luxury watch buying, and selling has led to an explosion of online watch commerce. This new distribution channel has proven to the world the liquid nature of Rolex watches and demonstrated the brand’s value retention, further increasing consumer appetite.  

Delays in supply channels along with Rolex’s exacting production standards to create watches, means they produce far less new watches than there is global demand, thus creating ultra-strong values in popular pre-owned Rolex models, unlike ever before!

What determines the value of a Rolex?

Like any luxury item, there are a number of factors that affect your Rolex’s value on the secondary market. Most used watch values are independent of the timepieces’ original, or current, MSRP. The pre-owned Rolex market is driven solely by the market factors of supply and demand. Currently, in many cases, a watch may be worth more than what the original purchaser paid for the timepiece. For example, if you have a used stainless steel Submariner, GMT-Master II, or Daytona, Diamond Banc can often pay you substantially more than what your watch originally retailed for. This can be attributed to a relative shortage of these styles, and an overwhelming demand for Rolex sport models. Many older Rolex models actually appreciate in value over time, depending on the watch’s condition, as the supply of older models is frequently more limited compared to newer models. 

Alternatively, many dress Rolex models, precious metal watches, and outdated ladies models are worth less than the watch’s original purchase price. This discrepancy is, again, due to market supply and demand. Since there are fewer active buyers typically seeking these styles, and there tends to be more watch sellers in these markets looking to sell their Rolex watches, these watches do not hold their value as consistently as the sport models, in most cases. 

As a general rule, all steel and two-tone watches (stainless steel & gold) have the best value retention and appreciation. In contrast, solid gold models tend to have lower value retention. White gold models often have the lowest levels of appreciation which many argue is due to the fact that white gold closely resembles the appearance of stainless steel. It is important to note that there are exceptions to each of these rules. Certain solid gold Rolex watches like the Day-Date 41mm (President) have been appreciating in value. 

Examples of current Rolex values

Below are a few examples of this current trend. You will see what the current MSRP of the particular Rolex model is, as well as the approximate trend for its current pre-owned selling price.

Rolex Day-Date 40mm
Rolex Day-Date 40mm. MSRP: $36,550. Current Pre-owned Prices: $40,000 – $45,000.

Rolex Submariner Date 41mm
Rolex Submariner Date 41mm. MSRP: $9,150. Current Pre-owned Prices: $13,000 – $15,000.

 

Rolex GMT-Master II (Batman)
Rolex GMT-Master II (Batman). MSRP: $9,500. Current Pre-owned Prices: $15,000 – $18,000

Boca Raton’s Best Rolex Buyer

The best and only way to know the current market value of your Rolex watch is to contact a Rolex expert with the specific details of your model. However, Diamond Banc’s Rolex Value Calculator can instantly provide you with a quick estimate of your Rolex’s liquid value on the secondary market. Diamond Banc is Boca Raton’s premier buyer of Rolex watches. Our experts are fully immersed in the pre-owned Rolex buying market on a daily basis. This means we know exactly how valuable your Rolex is, and we will pay you accordingly! If you have interest in learning how much you can sell your Rolex for, complete one of our simple online forms to get the process started, or contact one of Diamond Banc’s nationwide locations today.

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The Top Gucci Bags of All Time https://www.diamondbanc.com/insider-news/the-top-gucci-bags-of-all-time/ https://www.diamondbanc.com/insider-news/the-top-gucci-bags-of-all-time/#respond Wed, 04 Dec 2019 22:25:27 +0000 https://www.diamondbanc.com/insider-news/?p=6696 As the saying goes, it’s all Gucci. During the first half of 2018, Gucci nearly doubled their sales. In 2019, Forbes […]

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As the saying goes, it’s all Gucci. During the first half of 2018, Gucci nearly doubled their sales. In 2019, Forbes recognized Gucci as the 30th most valuable brand in the world, with a brand value of 18.6 billion dollars. The fashion house is especially popular among young shoppers. Shoppers under the age of 35 made up 55% of Gucci’s sales in 2018. However, the brand has a long and illustrious history.

Gucci’s Origins

Founder, Guccio Gucci established the brand in 1921 in Florence, Italy. Like many other luxury brands, such as Louis Vuitton and Hermes, Gucci was founded as a luggage and equestrian equipment manufacturer.  Even today, leather goods continue to make up the majority of Gucci’s sales. Although the brand sells jewelry and watches, ready-to-wear fashion, avant-garde runway apparel, shoes, children’s clothes and knitwear, in addition to handbags, belts and wallets, leather goods comprise 57% of Gucci’s sales. Gucci’s legacy as a manufacturer for equestrian equipment is also apparent in the brand’s continued use of the horse bit icon.

Popularity for the brand surged throughout the 1950s and 60s, as the brand became synonymous with Hollywood glamour. Style icons including Jackie Kennedy famously favored the house. Guccio Gucci’s three sons oversaw the brand during following the founder’s death in 1953. However, in the 1980s Guccio Gucci’s grandson, Maurizio Gucci inherited the family business. During this time, the brand lost much of its coveted appeal. In the following decade, Gucci faced a number of high profile controversies, from tax evasion to the assassination of Maurizio Gucci in 1995.

The Gucci Dionysus bag was introduced in 2015 under Creative Director Alessandro Michele.

In 1994, Tom Ford was named Creative Director for Gucci. Between 1995 and 1996, sales skyrocketed with an increase of 90%. In 1999,  Pinault-Printemps-Redout, later renamed Kering, purchased 42% of Gucci Group, thereby gaining control of the brand. In 2003, the company acquired 67.7%. By 2004, the conglomerate owned 99.4% of Gucci. Ford left Gucci the same year and the brand experienced a decrease in sales. In 2015, Alessandro Michele became Gucci’s Creative Director.  During Michele’s time at Gucci’s helm, the brand has seen dramatic growth.

Most Popular Gucci Bags

Leather goods which include handbags, wallets and belts account for nearly 60% of sales at Gucci. It is no wonder that their handbags are the crown of the kingdom. Throughout the brand’s luminous history, Gucci has offered countless bags in various colors, materials and silhouettes. However, certain handbags have dominated Gucci’s sartorial landscape. Here are the most popular Gucci styles of all time.

Gucci Queen Margaret:

Diamond Banc loaned $1,000 on this Gucci Queen Margaret Top Handle.

Gucci’s Queen Margaret provides the perfect marriage of new and old. This gorgeous work of art features a striking crystal and pearl-encrusted bee closure. As bees are said to represent wisdom and love. The bag features a structured design and a bamboo handle. Gucci has used bamboo in their products since the 1940s. When Gucci first began using bamboo, the house imported bamboo walking canes to make the bags’ handles. Starlets like Ingrid Bergeman and Elizabeth Taylor famously favored these bamboo handbags. In the summer of 2010, Gucci rereleased 140 iconic bamboo handbags, that used the original construction practices for the earliest Gucci bags.

Gucci Jackie Bag:

The Jackie bag was originally designed in the 1950s and was originally christened the Fifties Constance. In 1961, the bag was renamed the Jackie, after Jackie Kennedy was spotted carrying the bag. Kennedy’s fondness for the bag served to further associate Gucci’s association with Glamour. This unstructured bag inspired the hobo bags that dominated fashion trends into the 1970s. In 2009, Gucci reintroduced the bag under the name The Bouvier, for Jackie Kennedy Onassis’s maiden name.

Gucci GG Marmont:

Everyone from influencers to celebrities is abuzz over the new Gucci GG Marmont bag.

Diamond Banc loaned $850 on this Gucci Marmont Mini

Gucci’s GG Marmont offers easy elegance. The Marmont is available in countless colors, styles and materials, however the bold entwined double Gs remain consistent across Marmont designs. These handbags lifted its iconic buckle from a belt buckle that Gucci used throughout the 1970s. Shoppers can also purchase belts, shoes and wallets with the Marmont’s bold Gs.  The GG Marmont is available as a backpack, top handle and crossbody proving that this design is among Gucci’s most versatile handbags.

Gucci Dionysus:

Although the Dionysus handbag typically has a chain handle, it is also available in bamboo. Diamond Banc loaned $1,500 for this handbag.

Gucci introduced the Dionysus in 2015, under the direction of Alessandro Michele. The bag has quickly become a covetable design. With its gorgeous chain handle and bold nature-inspired appliques, this bag was inspired by the myth of Dionysus, the Greek god of wine, fertility, vegetation, festivity, madness and immortality. Additionally, the bag combines Gucci’s history with its monogrammed canvas and horseshoe clasp and chain, evoking classic Gucci imagery, and more modern embellishments like the colorful appliques.

How to Get Money Fast for your Gucci Bags

Need fast funds? Turn your Gucci bags into fast cash, without giving up ownership. Gucci bags hold their value and and make great loan collateral.

Diamond Banc offers low-interest loans for your Gucci and high-end designer handbag. Start the online submission now. Or call our Boca Raton location to find more out about Diamond Banc.  Want to skip the online submission and make an appointment please call 561-430-5035.

Get a Loan

Not in the Boca Raton area? No problem! You’re welcome to visit any of our nationwide locations.

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How to Pay for Your Dream Vacation https://www.diamondbanc.com/insider-news/how-to-pay-for-your-dream-vacation/ https://www.diamondbanc.com/insider-news/how-to-pay-for-your-dream-vacation/#respond Mon, 18 Nov 2019 23:32:05 +0000 https://www.diamondbanc.com/insider-news/?p=6669 A record 768 million US vacation days went unused in 2018! This marked a 9% increase from 2017. Fifty-five percent of workers […]

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A record 768 million US vacation days went unused in 2018! This marked a 9% increase from 2017. Fifty-five percent of workers reported that they did not use all of their vacation days. Although employers are offering more vacation time than ever before, many Americans are not using their vacation time. Moreover, these 768 million days equate to billions in lost benefits! Of those, 236 million days were completely forfeited- meaning they won’t roll over into the next year.

Fifty-five percent of workers reported that they did not use all of their vacation days.

Why were so many unused vacation days missed? Vacations help us recharge, experience something new and connect with family and friends. However, the high cost of travel expenses can prevent you from seeing the world. Regardless of the burden of travel expenses, 84% of Americans report that it’s important for them to use their time off to travel. Fortunately, there is a solution. Turn to Diamond Banc for a loan. Instead of neglecting your vacation time, use your luxury items to help fund your dream vacation. Our loans are tailored to fit your travel budget whether you dream of sailing the Warm Caribbean, Skiing in Switzerland or exploring the sights and cuisine of a French village.

Let our Low-Interest Rates Take You Where You Want to Go

Diamond Banc will tailor your loan to fit your needs. We take the risk out of the equation and are dedicated to meeting your needs. That is why we are the top lender in South Florida.

Do you have any other questions about how Diamond Banc calculates interest rates? Call or email and a Diamond Banc jewelry expert will get back to you with answers!

Get started today from the privacy of your own home. Our easy to use forms will guide you through the process. Add a clear picture and within 24 hours you will be provided with a quote. If you prefer to meet in person, make an appointment in our convenient and secure office. Call us today at 561-430-5035.

Not in the Boca Raton area? No problem! You’re welcome to visit any of our nationwide locations.

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