Designer Jewelry Archives - Diamond Banc Liquify Your Luxury Mon, 07 Aug 2023 21:03:52 +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 Designer Jewelry Archives - Diamond Banc 32 32 Fathom out Interest Rates & APR before you Pawn jewelry in Kansas City https://www.diamondbanc.com/insider-news/pawn-jewelry-in-kansas-city-clarifying-interest-rates-and-apr/ Fri, 16 Dec 2022 13:17:05 +0000 https://www.diamondbanc.com/?p=15612 When one suddenly needs cash quickly, he or she may find themselves in a difficult position. Getting a loan secured by […]

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When one suddenly needs cash quickly, he or she may find themselves in a difficult position. Getting a loan secured by your jewelry can be a great way to guarantee funds for an unexpected expense.

Diamond Banc understands the importance of providing a fast, professional and convenient service — but value even more transparency with pro-borrow terms that are fair, convenient and easy to understand for customers.

Want to pawn jewelry in Kansas City? Keep reading this blog post which we’ll demonstrate how our interest rates & APR are calculated for a loan on jewelry.

What is an interest rate?

An interest rate basically the amount you are charged for borrowing money against your jewelry — set as a % of your loan’s total amount.

Avoiding questionably high rates from unethical certain pawn shops in Kansas City can also be greatly rewarding in making you save money down the road!

Diamond Banc’s loan interest rate to pawn jewelry is as low as 2.5% or APR of 30% when at least ⅓ or half of your jewelry’s liquid wholesale value is pledged as collateral.

If you’ve got high-end designer jewelry and looking to borrow in the 6-figure, you can qualify for even a lower rate.

What is APR?

APR stands for Annual Percentage Rate, and it’s summed calculation that takes into account the main rate of interest you’ll pay for borrowing cash as well as any extra costs associated to prepare and manage the loan.

This detailed structure is referred to as ‘Representative APR’, where you can simply compare rates elsewhere and get a better idea of your long-term expense when repaying that loan.

Representative Example

Meet Megan, a 67-year-old retired flight attendant from Columbia, MO.

Megan is recently widowed and needs to raise money to fund her husband’s funeral arrangements and burial.

With an active automobile and debt consolidation loan, she’s skeptical her bank will grant her a personal loan at a decent interest rate.

During the 1970s, Megan inherited a collection of vintage-quality art deco jewelry from her mother.

She knows her pieces are rare items and hopes to find a lender that will appreciate the quality of her collateral. Megan is a bit wary of pawn shops in Kanas City because she heard stories about people getting lowball offers or being pressured to accept ridiculous terms.

When she asked one of her close friends to suggest a place of business for non-bank lending, the latter encouraged getting a jewelry pawn loan through Diamond Banc.

Megan went to visit our Kansas City office, where an expert appraised her vintage pieces and made her an offer for $17,000 USD.

Megan asked if she could make monthly payments and ensure the life of her loan doesn’t go over a year.

If we break down this example:

  • 17,000 x 0.025 = $425 per month of interests payment

OR

  • 17,000 x 0.3 [APR] = $5,100 of total interest paid after a year when the item is retrieved

By trusting the right lender, not only she got the highest possible return for her rare items but discovered a new and convenient way to leverage her finances via collateral loans on jewelry

A Flexible & Tailored Repayment Plan

The level of flexibility we provide on repayments is unseen in the alternative lending industry.

Your payment plan is fully customizable, and we always work around your preferences. When it comes to structuring your loan from start to finish, you are the architect! We can do it if you need one month, 6 months, or 5 years to settle your jewelry pawn loan. 

Diamond Banc operates like a traditional lending institution without long waiting for a response or bureaucracy. Need to re-borrow during your active loan? We offer a revolving line of credit if needed.

Plus, managing your loan online is super easy with activable features like setting up an automatic payment or reminder alerts.

Get the best pawn jewelry loans in Kansas City

Why accept a lowball offer with ridiculous terms from questionable pawn shops in Kansas City?

Diamond Banc has been running a successful business for over 15 years, shadowed by a jewelry retail store in Columbia, MO with 125+ years of continuous operations. 

We help customers just like you get the highest possible jewelry loans in Kansas City and throughout the nation.

Our company’s core values of transparency, integrity, and trust combined with our amazing team of industry experts make us the most honest jewelry buyer and equity lender in the country.

Diamond Banc makes the jewelry pawn loan process straightforward, quick and confidential. To get started, fill out our simple online form or book an appointment with our friendly and super helpful Market Director, Sicily Von Blakey. If you are in the downtown area, visit our Kansas City office located conviniently at the Country Club Plaza.

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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.

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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The Best Options for Selling Jewelry in Dallas https://www.diamondbanc.com/insider-news/jewelry-buyer-dallas-texas/ Sat, 03 Jul 2021 16:57:40 +0000 https://www.diamondbanc.com/?p=12024 Dallas has countless jewelry buyers and options for individuals looking to sell their unwanted diamonds, jewelry and luxury watches. When you’re […]

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Dallas Texas

Dallas has countless jewelry buyers and options for individuals looking to sell their unwanted diamonds, jewelry and luxury watches. When you’re looking to sell jewelry in the Dallas area, finding a highly qualified, trustworthy jewelry buyer can be the difference between receiving the highest possible price after a simple, client focused experience or getting offered far less than your jewelry is worth in an uncomfortable exchange. Diamond Banc is the nation’s premier jewelry buyer and not only offers multiple selling structure options, but also offers multiple ways to complete the selling process. 

Start online, complete in person or via secure shipping.

Diamond Banc allows clients to start the process of selling jewelry in Dallas from the comfort of their home by completing a quick and simple online submission form. Once an online submission is completed, Diamond Banc’s team of experts will quickly get to work reviewing the details of items submitted to ensure every value-adding factor is taken into consideration so the highest possible price can be offered. Clients will then be contacted by a Diamond Banc team member and presented with an industry leading offer and all of the client options will be outlined in detail. If a client decides to proceed with accepting their offer in Dallas, they will have two options for completing the transaction. 

Option 1: Secure Shipping

Diamond Banc will provide the client with a prepaid, fully insured FedEx shipping label and detailed packing instructions on how to safely package their items to guarantee their items will be safe and fully covered by Diamond Banc’s insurance while in transit. Click here for more details on Diamond Banc’s secure shipping process.

Option 2: In Person Verification

Diamond Banc has trusted jewelry experts in Dallas who can provide in person verification and authentication services on Diamond Banc’s behalf. This allows clients to complete their transaction on the spot without having to first ship their items to Diamond Banc’s headquarters in Columbia, MO. Diamond Banc’s team will schedule the client an appointment with the local Dallas jewelry expert at their earliest convenience so items can be inspected and verified. Once items have been evaluated by the jewelry expert in Dallas, transaction documents will be completed online via electronic signature and funds will be issued the same day via wire transfer. Client items are then securely packaged by the expert and shipped to Diamond Banc’s headquarters via fully insured FedEx overnight shipping. 

The Diamond Banc Advantage:

    1. Kindness & Communication: Diamond Banc was created from a family of jewelers. We were built on the premise that clients should be treated with the same respect and enthusiasm when they wish to sell their jewelry, as they received when they initially purchased it. 
    2. High Purchase Prices: Diamond Banc’s ownership group is composed of several of the largest independently owned jewelry retailers in the country whose sales exceed $50 million annually. This unique advantage allows us to pay premium prices for your jewelry as we sell a significant amount back to the end consumer. In addition, our proprietary selling process includes national jewelry dealer auctions and trading platforms. We know which buyers most appreciate which types of jewelry, allowing us to pay you the most. This comprehensive network also allows us to offer accurate and data-driven offers to make sure you’re getting the most for your jewelry. 
    3. Speed & Ease: You will find that Diamond Banc’s communication and speed of follow up is unmatched from any other jewelry buyer or online jewelry buyer in the nation. We do what we say we will do, issue payment promptly, and provide maximum communication throughout the process. 
    4. Safety & Integrity: Diamond Banc maintains an A+ rating with the BBB and knows the best way to continue to grow is by putting our customers first and operating with high integrity. From shipping to storage, Diamond Banc implements rigorous tracking and video recording procedures. We treat your valuable and treasured items as if they were our own.

Diamond Banc is the best jewelry buyer serving the Dallas area! Get started today by completing a quick and simple online submission form today. 

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Thinking Beyond Pawn in Orlando https://www.diamondbanc.com/insider-news/thinking-beyond-pawn-in-orlando/ Thu, 20 May 2021 20:02:05 +0000 https://www.diamondbanc.com/?p=11267 Jewelry Equity Loans from Diamond Banc. Most jewelry has tangible, intrinsic value. However, the ability to access that value has historically […]

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Jewelry Equity Loans from Diamond Banc.

Most jewelry has tangible, intrinsic value. However, the ability to access that value has historically been challenging. Diamond Banc has led the way within the industry of loaning money against jewelry, diamonds and luxury watches by making the process simple, transparent, fast and secure. You can get started online in the comfort of your home and complete the transaction in-person at our private Orlando office.    

Borrowing money against your Rolex, diamond, or fine jewelry from Diamond Banc is a much smarter option than a traditional pawn loan. Getting a loan against your jewelry from Diamond Banc is generally also a much more cost effective option then pawning your jewelry in the traditional sense. We can typically have you funded the same day you start the process. Diamond Banc is Orlando’s premier jewelry pawn broker – especially in today’s digital world, we are certainly the best jewelry pawn lender near you.

Diamond Banc prides itself on having the best jewelry loan program in the nation. Our Jewelry Equity Loans offer customers unmatched value and flexibility. Clients simply pledge their jewelry as collateral and the jewelry is kept safely locked away in secure vaults. Once the loan is repaid, the jewelry items are immediately returned. 

Items We Accept Include:

Diamonds & Fine Diamond Jewelry:

Loose diamonds of ½ carat or larger, engagement rings, earrings, bracelets, necklaces, etc.

Designer Jewelry:

Cartier, Tiffany & Co., David Yurman, Graff, Harry Winston, etc.

Luxury Watches:

Rolex, Cartier, Omega, Patek Philippe, Panerai, Hublot, etc.

Precious Metals:

Gold, silver, platinum, bullion, coins, scrap jewelry, etc.   

Why Choose Diamond Banc Orlando Over A Traditional Pawn Shop?

Higher loan amounts:

Our Market Directors are true jewelry experts, who take every value adding factor into consideration to offer maximum loan values. We are in the business of loaning money and want to loan clients the most possible. In addition, the majority of pawn shops don’t have enough capital on hand to make large loans. Diamond Banc regularly makes loans from $20,000 – $250,000 and has the ability to fund transactions up to $1,000,000. 

Our loan & purchase offers are the same:

Most pawn shops will offer to loan you less for your item than they are willing to buy it for. This makes no sense to us! At Diamond Banc our loan offer and buy offers are almost always the same.     

Much lower interest costs:

Diamond Banc typically charges 50% – 80% less than the standard pawn industry interest rates allowed by law. 

Loan re-advancements:

Let’s say you borrowed $10,000 against your Rolex and have paid down your balance to $3,000 (not an option with many traditional pawn loans) and something else comes up, Diamond Banc can increase your loan by re-advancing you the $7,000 you’ve paid back, thus bringing your loan balance back up to the original $10,000. You can draw the loan up as often as you wish, and carry your balance as long as needed, providing your interest charges have been paid as agreed and your loan is in good standing. 

We want you to get your items back:

Diamond Banc has plenty of its own jewelry! We want you to get yours back. With most pawn loans, every 30 days you can either pay only the interest due or ALL of the principal and interest due. This structure is good for the pawn lender, but not for the borrower. With a loan from Diamond Banc, providing your loan charges are current, any extra amount that you wish to pay goes directly towards your loan’s principal balance, thus lowering your monthly interest costs moving forward. This gives you the flexibility to repay the loan over whatever time period works best for you.

Your items are insured:

If you read the fine print on most pawn loan paperwork you will discover that your item is not insured in the event of a loss or theft during the life of your  loan. At Diamond Banc all loan collateral is insured for the original amount of the loan, or sometimes more during your loan period.

Contact Diamond Banc of Orlando Today!

Diamond Banc is Orlando’s smartest choice for quick, confidential and significant jewelry pawn loans. We show our customers kindness and respect and value our relationship with them. Whether you have a luxury watch, designer jewelry, or a 10 carat diamond, you will find the service from Diamond Banc of Orlando to be first class. We are the best Jewelry Pawn lenders in all of Florida! We encourage you to think beyond traditional pawn when you need to access the true value of your jewelry.

Contact our Orlando office today or start the process online by completing a simple submission form.

Looking to sell us your jewelry outright? Visit our Orlando Jewelry buyer page here!

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

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Everything You Should Know About Tiffany’s Lucida Diamond https://www.diamondbanc.com/insider-news/everything-you-should-know-about-tiffanys-lucida-diamond/ https://www.diamondbanc.com/insider-news/everything-you-should-know-about-tiffanys-lucida-diamond/#respond Fri, 28 Jun 2019 22:54:59 +0000 https://www.diamondbanc.com/insider-news/?p=6415 Few diamonds are as ingrained in the public consciousness as a Tiffany diamond. Since its founding in 1837, Tiffany has held […]

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Few diamonds are as ingrained in the public consciousness as a Tiffany diamond. Since its founding in 1837, Tiffany has held a legendary level of unrivaled prestige.

Diamond Banc Loaned $10,000 for this 2.08ct Tiffany Lucida Diamond Engagement Ring

From their iconic blue packaging to the masterful engagement ring design, Tiffany’s history of excellence remains unrivaled. The jeweler’s patented diamond cuts clearly demonstrate this distinct eye.

Named after the term for the brightest star in a constellation, the Lucida shines as one of the most illustrious patented cuts of all time. Although the number of patents on diamond cuts has burgeoned in recent years, Tiffany’s Lucida Diamond cut remains among the most celebrated. The cut has been highly sought after since its release in 1999. This unique diamond cut was among the most coveted diamonds in the early 2000s. The brilliant square style was developed over a number of decades and features a total of 50 facets.

How Important Is the Little Blue Box that Accompanied Your Tiffany Jewelry?

Simply put- the little blue box is VERY important to the overall value of your Tiffany jewelry. There are three main reasons you should keep that box and pouch:

  1. If you ever want to sell your Tiffany jewelry, the box and pouch will add value to your item. Buyers will pay more for the full package with both the jewelry and the pouch included.
  2. The original box and pouch help to establish your Tiffany jewelry’s authenticity. This is important to buyers like Diamond Banc. We will pay even more for your designer jewelry if you have the original packaging.

Tiffany diamond jewelry will forever embody iconic American luxury. Two centuries after the brand’s launch, the simple luxury that has become synonymous with the brand persists. This legacy has provided Tiffany’s diamond jewelry with some of the highest resale values of any branded jewelry.

Diamond Banc is the best place in Florida to sell your Tiffany jewelry. Not ready to part with your beloved Tiffany, but still need money quickly? No problem. Tiffany jewelry makes ideal loan collateral for our Jewelry Equity Loans.

Start with our simple online form along with photos of your jewelry to discover what you could get paid for your designer jewelry today.

Not located in the Tampa area? No problem, you can visit any of our nationwide locations!

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3 Tips to Tell What Your Jewelry Is Worth https://www.diamondbanc.com/insider-news/3-tips-to-tell-what-your-jewelry-is-worth/ https://www.diamondbanc.com/insider-news/3-tips-to-tell-what-your-jewelry-is-worth/#respond Wed, 08 May 2019 23:47:03 +0000 https://www.diamondbanc.com/insider-news/?p=6151 Whether you’re a self-purchasing collector, a fortunate gift recipient or a family jewels inheritor, your jewelry box can be full of […]

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Whether you’re a self-purchasing collector, a fortunate gift recipient or a family jewels inheritor, your jewelry box can be full of surprises. Gem-encrusted jewelry we suspect could be very valuable may fall flat, while a simple gold chain may be worth hundreds.

Here are 3 key ways to determine the value of your items

It can be difficult to differentiate between costume and fine jewelry

Identify the Material: Is it Fine or Costume?

It can be difficult to distinguish between fine jewelry and costume jewelry. But the difference can be huge when it comes to the worth of your items. Here are three ways to determine whether your jewelry is fine or costume.

1. Weigh the Item

The purity and weight of precious metals, such as gold and platinum, have a profound impact on the jewelry’s worth. Purity is particularly significant when you’re examining pieces like chains and bangles. Gold, silver and platinum are heavier metals than non-precious metals used in costume jewelry, like brass and pewter, meaning that fine jewelry will typically weigh more than costume jewelry. Solid gold and platinum items are especially heavy.

2. Look for Stamps and Hallmarks

If a piece of jewelry is made with valuable precious metals it is usually marked on the item itself.  Unless the markings have either been worn off over the years or cut out as a result of sizing, all fine jewelry must have some sort of stamp. Stamps and hallmarks are typically located on the inside of a ring or bracelet, the post of an earring or the clasp on a chain. If the item is stamped, it generally lists the metal content or purity of the alloy. Other markings may include a designer’s signature, manufacturer logo and possibly the country of origin.

Especially in-demand maker’s marks include: Tiffany & Co., David Yurman, Cartier and Van Cleef & Arpels. These stamped hallmarks can provide a clue as to its identity and value.

Some common stamps you’ll see on fine jewelry include:

  • Gold: 22K, 18K, 14K, 10K, 916, 750, 585 and 417
  • Platinum: 950, 900, Platinum, PLAT, PT 10% Iridium
  • Silver: 925, 900, 800, Silver, Sterling

3. Search for Metal Coating

Costume jewelry is rarely constructed out of solid metals. Instead, these pieces are often made from a non-precious base, such as copper, aluminum or brass. These metals are then coated in either silver or gold plating. If you see a darker or silvery color showing through parts of a gold chain or ring or if parts are discolored or flaking off – this is likely a gold-plated item and is therefore costume jewelry.

Consult the Experts at Diamond Banc

When in doubt, we are always here to help! Diamond Banc is happy to help you sort through your jewelry box to evaluate the value of your items. Give us a call today at 813-609-4331 for a private, in-office, appointment so we can assess your jewelry in person. There is never any obligation to sell your jewelry and Diamond Banc pays some of the highest prices in the nation! We even take your BROKEN jewelry.

You can start the process online or visit one of our nationwide locations today!

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Get a Loan on Your Chopard Happy Diamonds Watch in Tampa Florida https://www.diamondbanc.com/insider-news/get-a-loan-on-your-chopard-happy-diamonds-watch-in-tampa-florida/ https://www.diamondbanc.com/insider-news/get-a-loan-on-your-chopard-happy-diamonds-watch-in-tampa-florida/#respond Tue, 29 Jan 2019 00:08:23 +0000 https://www.diamondbanc.com/insider-news/?p=5998 What Is A Happy Diamonds Watch? Since 1976, Happy Diamonds have been joyfully lighting up the creations from Chopard. This iconic […]

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What Is A Happy Diamonds Watch?

Since 1976, Happy Diamonds have been joyfully lighting up the creations from Chopard. This iconic collection features loose diamonds that float freely within the jewelry. Since the introduction of the celebrated line, the famous moving diamonds have been staged through a myriad of precious jewelry. In the four decades since the line’s founding, Chopard’s celebrated collection has featured rings, necklaces, pendant, earrings and watches.

The Happy Diamonds line originated when Chopard designer, Ronald Kurowski, took a stroll through the Black Forest. As he embarked on his stroll, Kurowski was struck by a waterfall. The luminous reflection of the sun’s rays in the waterfall mesmerized the designer. This brief excursion inspired Kurowski to develop the now iconic Happy Diamonds line to Chopard’s product assortment.

What Is Your Chopard Happy Diamonds Watch Worth?

Chopard 18K Rose Gold & Stainless Steel Happy Sport 36MM Automatic Watch

Diamond Banc Tampa was able to loan our client $5,000 for the exquisite Chopard Happy Sport 18K Rose Gold and Stainless Steel featured on the left. Ultimately, we calculate the value of your watch based on its condition and the presence of the original box and papers. Our Market Director offered a premium value for the watch featured above due to its pristine condition. Depending on the condition of your Chopard Tu-Tone Happy Sport, you can expect to receive even more.

Why Diamond Banc?

Obtaining a Jewelry Equity Loans is convenient, fast and easy with Diamond Banc! Just fill out our simple form to get started. Be sure to include any information you can provide, along with photos and the amount you are looking to borrow.

Within 24 hours of submitting the form with an initial offer, you will hear back with an official offer.  Next, we will arrange a convenient appointment in our private Tampa office. We are conveniently located in front of The International Plaza. There, one of our jewelry experts will evaluate the watch in person to provide you with a final offer. Once this offer is accepted, Diamond Banc will fund you immediately.

You can also stop by our office or call us at 813-367-3372 to set up an appointment today!

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Kansas City: Use Your Designer Jewelry as Collateral https://www.diamondbanc.com/insider-news/kansas-city-use-your-designer-jewelry-as-collateral/ https://www.diamondbanc.com/insider-news/kansas-city-use-your-designer-jewelry-as-collateral/#respond Thu, 03 Jan 2019 19:32:00 +0000 https://www.diamondbanc.com/insider-news/?p=5937 You can get up to $500,000 within 24 hours with Diamond Banc. Diamond Banc Kansas City will loan you the most […]

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You can get up to $500,000 within 24 hours with Diamond Banc. Diamond Banc Kansas City will loan you the most for your designer jewelry. Discover how much your pieces are worth. Get started today with our easy to use, secure online form.

Chanel Watch
Chanel is an internationally-recognized designer ideally suited for a Jewelry Equity Loan

Use your designer jewelry as collateral. Diamond Banc is a nationally recognized organization known for our Jewelry Equity Loans and an unsurpassed network in the jewelry industry. Consequently, our GIA certified experts provide top offers for your designer jewelry.

How Much Can You Borrow?

A variety of factors can impact an offer from Diamond Banc. Specifically, the condition, brand, and style of the piece can all contribute to an item’s value. When filling out our online form make sure you indicate any signed pieces and upload photos of any packaging, certificates or paperwork that accompany your designer jewelry. These supplementary materials verify the authenticity of your item and can add thousands of dollars to an offer from Diamond Banc.

Get paid for your jewelry today. Diamond Banc accepts designers including David Yurman, Harry Winston, Cartier, Bulgari, John Hardy, Tiffany & Co.and more.

David Yurman Estate Lot $1,800
Diamond Banc paid $1,800 for this assortment of David Yurman jewelry

Classic designer jewelry is perpetually in-demand. Consequently, we offer a premium loan value for these items. Typically, the more well-known a designer is, the higher its value will be. The classic brand, David Yurman very sought after. Therefore, sterling silver and cable pieces from the designers are especially in-demand. These items hold their value well compared to others, so they would result in higher loan values.

 

Why Borrow Against Your Jewelry?

A visit to the bank can be time-consuming and stressful. Instead, avoid the headache of waiting for a lengthy credit check and avoid the uncertainty of a loan by making your jewelry box do the work for you. Rather than dealing with the bank, you can enjoy the ease and discreteness of a Jewelry Equity Loan from Diamond Banc. Get started from the convenience of your own home, with no credit check.

Diamond Banc guarantees that they will beat any other legitimate jewelry-backed loan offer. Therefore, you can be confident that you are receiving a fair value for your loan. With Diamond Band, there are no surprises, credit checks or repayment obligations. Simply, use your designer jewelry for secure and swift funding.

This vintage Tiffany & CO. cuff is valued at $4,000 for a Jewelry Equity Loan

 
To start the process, fill out our secure online form to get an initial value offer. Or visit us in person at our Diamond Banc Kansas City location in our private, conveniently located office on the Country Club Plaza.

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Get a Jewelry Equity Loan in Kansas City Using your Rolex https://www.diamondbanc.com/insider-news/get-a-jewelry-equity-loan-in-kansas-city-using-your-rolex/ https://www.diamondbanc.com/insider-news/get-a-jewelry-equity-loan-in-kansas-city-using-your-rolex/#respond Mon, 19 Nov 2018 23:52:45 +0000 https://www.diamondbanc.com/insider-news/?p=5751 Use your Rolex as collateral to obtain a Jewelry Equity Loans in Kansas City.  Diamond Banc makes the financing process quick and […]

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Use your Rolex as collateral to obtain a Jewelry Equity Loans in Kansas City.  Diamond Banc makes the financing process quick and convenient, while lending you top dollar for your timepiece.

Use your Rolex as collateral  in Kansas City.

Jewelry Equity Loan Advantages

  •  Speed
  • Privacy
  •  Simplicity
  • Customization of loan based on your needs
  • No repayment guarantee
  • Revolving credit line feature

Rolex DeepSea
Diamond Banc loans $7,000 for this DeepSea Dea-Dweller.

Why Diamond Banc?

Diamond Banc is the best place to receive a jewelry equity loan on your Rolex in Kansas City because of their easy and simple process.  Also, local experts take every value-adding factor into consideration when evaluating your Rolex watch.  So, Diamond Banc’s experts will negotiate the highest value for your product and make you the best offer.  And the best part: you can have the funds the same day!

How much value does your Rolex hold?

Solid Gold Day Date
Diamond Banc reviews all value adding factors for your pre-owned Rolex.

Keep in mind, there are several factors that go into determining the market value of your pre-owned Rolex, including:

  • The condition of the bracelet, case, and movement
  • The popularity or rarity of the model
  • The materials that make up the piece (Gold vs. stainless steel, diamonds, factory dial, etc.)
  • The prevalence of the pieces on the second hand market
  • Even the box, papers and extra links can add a couple hundred dollars to the value!

How to start your Jewelry Equity Loan in Kansas City

Diamond Banc makes it very easy.  There are two ways to start the process.  First, you can submit an online form with the details of your watch.  Then, you will get an initial offer within 24 hours, after the experts review the details of the watch.  Or, Diamond Banc is conveniently located on the Country Club Plaza for appointments.  Call today to speak to the local Kansas City  luxury watch expert, Sicily.

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