Our reviewers evaluate products and services based on unbiased research. Top Consumer Reviews may earn money when you click on a link. Learn more about our process.
If you want to sell some of your personal diamonds online, you're not alone. The online marketplace for selling diamonds has seen a notable rise in popularity, driven by a combination of factors that have transformed the dynamics of the diamond-selling landscape. This growing trend can be attributed to a combination of convenience, accessibility, and the evolution of the digital marketplace.
It used to be that in order to sell diamonds, you needed to travel to seedy pawn shops or snooty jewelry stores and negotiate with local jewelers. However those days are long gone. Online platforms provide a streamlined and efficient alternative, letting you access real-time information about the market value of your diamonds, and choose a reputable dealer who will pay you top dollar.
Sunday, March 3rd
Express Gold Cash, a family-owned business with 25+ years of experience, is a reliable option for selling diamonds, jewelry, coins, and precious metals. Although the focus here is on gold, they extend their services to include diamonds, offering insurance up to $100,000 and swift direct deposit payment within 24 hours. With an "A+" rating and BBB accreditation, Express Gold Cash has received over 5,000 five-star reviews, demonstrating their trustworthiness. Good payouts plus a stellar reputation earn Express Gold Cash our highest rating among diamond buyers.
Diamond Buyers International, based in New York since 2008, excels in providing a direct and personalized approach to selling diamonds. Specializing in diamonds while also accepting precious metals, they offer a free appraisal kit and instant online estimates. With prepaid shipping insured up to $100,000, an official offer is typically made within 24 hours of receipt, with immediate payment upon acceptance. Their commitment to customer satisfaction is reflected in an "A+" BBB rating and numerous five-star reviews. Diamond Buyers International is an excellent choice for those seeking a reliable and competitive option to sell diamonds.
Formerly WP Diamonds, myGemma is a luxury resale platform started in 2012, specializing in diamonds and expanding to include handbags and accessories. With in-person locations in NYC and London, myGemma stands out as a unique option to sell diamonds and buy luxury items simultaneously. The process involves an online form for diamond details, leading to an initial quote; final offers are presented within 24 hours of receiving the package, with funds wired or sent via check. Accessible customer support, a 5% loyalty program, and an "A+" BBB rating with glowing client reviews add to myGemma's appeal, making it a distinctive choice for selling diamonds and enjoying exclusive benefits.
Sell Your Gold aims to simplify the process of cashing in on diamonds and precious metals, accepting items in any condition. They offer a free appraisal kit, but unlike some competitors, there's no instant online estimate. Insured up to $5,000, coverage can be increased to $100,000 at no extra cost. Sell Your Gold guarantees the best offer compared to online competitors, promising to beat their prices or pay $100. Payment options include PayPal, check, or bank transfer, issued within one business day upon acceptance. With an "A+" BBB rating and accreditation through parent company Beyond79, along with over 1,000 five-star reviews, Sell Your Gold earns a solid four-star rating for its trustworthy, top-offer diamond-selling experience.
With over 35 years in the jewelry biz, GoldFellow in Fort Lauderdale is ready to buy your diamonds, making them more than just a gold-focused service. Just print a FedEx label or get a "track pak" and send your diamonds, automatically insured up to $2,500 (ask for more if needed). They'll unpack and inspect them under video surveillance the day they arrive. If the offer suits you, choose from PayPal, Zelle, wire transfer, or a check. No best offer guarantee here, but GoldFellow is trustworthy with an "A+" BBB rating and plenty of satisfied customers. Be aware that there are some limits, like diamonds needing to be at least 0.25 carats and certain types they won't take. While GoldFellow is a solid option, you may want to check out higher-ranked choices for potential perks not offered here.
Cash for Gold USA, alongside its sister site Diamonds USA, has dealt with over $150 million in gold, silver, and diamonds in the past two decades. While emphasizing gold, the company also accommodates diamond sales. The process is straightforward: request an appraisal kit or print a FedEx label, and send your package. Following inspection, you receive an offer within 24 hours, with a variety of payout options. While Cash for Gold USA says they guarantee the highest offer, the company's overall reputation seems stronger in gold transactions than in diamonds. This is a good service but recommended as a fallback option behind our higher-ranked alternatives.
Diamonds USA, formerly Cash for Diamonds, operates under the CJ Environmental umbrella, alongside its sister brand Cash for Gold USA. The process here offers nothing unexpected: request a free appraisal kit, send in your diamonds (automatically insured up to $5,000, with $100,000 available on request), and within 24 hours, GIA-certified experts will appraise and extend an offer. Diamonds USA stands out with the broadest range of payment options, including direct deposit, paper check, PayPal, print-at-home check, or a virtual credit card. Despite its "A+" rating and BBB accreditation, recent negative client reviews raise concerns about delayed communication, lowball offers, and unexpected hurdles in getting diamonds back after declining offers. While Diamonds USA's focus on gemstones and BBB reputation are commendable, the feedback from disappointed clients lately keeps Diamonds USA in a "best as a backup option" position here.
The Diamond Valet buys diamonds of .75 carat or larger. They initially seem to be a presentable, professional company, but quickly lose their steam by leaving off important information that customers need. The company does not have a Better Business Bureau rating or unfiltered customer reviews. They also do not provide a step-by-step process for selling your diamonds online. We recommend using a more straightforward diamond buyer.
Worthy offers a unique approach to selling diamonds, combining elements of traditional services and online auctions. Acting as a middleman, Worthy evaluates diamonds, creates auction listings, and facilitates transactions between sellers and their network of over 1,000 professional buyers. The platform charges fees ranging from 10% to 18% of the final sale, and you'll want to set a reserve price. Payment options include bank transfer, PayPal, or check, though the process may take 5-7 business days for the buyer's payment and additional days to deliver your payment. Reviews from Worthy clients are generally positive, but the BBB only gives Worthy a "B+" rating due to over 120 complaints, primarily related to issues with returning items when offers are refused. Despite its unique approach, Worthy poses some uncertainties compared to more traditional diamond-selling platforms, so we recommend looking elsewhere first.
Thinking of turning your old diamonds into quick cash? Cash for Gold and Diamonds might catch your eye, but be cautious. Despite a claim of an "A+" BBB rating, the absence of reviews raises questions about their actual business. Their website's unprofessional appearance, complete with typos and pixelated images, adds to our skepticism. While they boast a 50% higher offer guarantee, the lack of customer feedback makes it hard to trust. For those looking to sell diamonds, exploring higher-ranked options with better credibility and transparency will be a safer bet.
If you find yourself fortunate enough to possess surplus diamonds and are eager to convert them into cash, the process has been simplified to just a few clicks online. Whether it's an engagement ring from a relationship you'd rather forget, an outdated family heirloom that no one quite knows where it came from, or any other piece of jewelry you just don't want anymore, the journey from diamonds to dollars has never been more convenient.
Reputable online diamond buyers typically provide user-friendly, step-by-step instructions, keeping your gemstones safe and secure from post to appraisal (and back to you if you decline the offer). They are upfront with their rates and transparent with their fees. And they'll provide a real estimate at no cost to you.
Of course, when you're selling your diamonds online, you want to make sure you're getting the best deal and working with a trustworthy company. When you're dealing with precious items like diamonds, you don't want to rush or feel like you're getting the short end of the stick. Fortunately, there are loads of legit diamond buyers online for you to check out before picking the one that's right for you.
Not sure where to start? As you compare the websites inviting you to sell your diamonds, keep these criteria in mind as you decide:
There are lots of options out there for selling your diamonds, and the experts at Top Consumer Reviews have done the work to connect you with the best of the best (and to help you avoid the worst of the worst). So, turn those diamonds into cash without the hassle - just a few clicks, and you're in business!
Select any 2 Places to Sell Diamonds to compare them head to head
Save 30% on Red Carpet-Worthy Fine Jewelry from Aurate's Sale Before ...
Shop Aurate's sale and save 30% on the brand's entire collection of ethically-sourced fine jewelry. Spring is almost in the air, and if you've been looking to complete your wardrobe with some ...
Wed, 28 Feb 2024
The Middletown Press
Police: Two men, 18, arrested in Groton robbery turned shooting while ...
Groton Police Department / Contributed Photo GROTON — Two 18-year-old city men were arrested in connection with an attempted robbery turned shooting after they met to sell a piece of jewelry in a ...
Thu, 22 Feb 2024