Who Buys Used Diamonds ✔ [ ESSENTIAL ]

: Many independent jewelers buy used diamonds to refurbish and resell in their own showrooms. While convenient, their offers may be lower than wholesale because they must account for the overhead of holding inventory.

: Some high-end jewelers will display your diamond in their case for a fee (usually 20-30% of the final sale). This takes longer but often nets a higher price than a direct sale. who buys used diamonds

: Buyers prioritize stones with reports from the Gemological Institute of America (GIA) . If a stone lacks certification, a professional buyer will likely offer less to cover the risk and cost of having it graded themselves. : Many independent jewelers buy used diamonds to

For those seeking the highest possible return, private sales can be an option: This takes longer but often nets a higher

Most used diamonds are purchased by entities that can verify the stone’s quality and resell it into the global supply chain: