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The Best Places to Sell Diamonds

Where is the Best Place to Sell Diamonds Online?

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

2024 Places to Sell Diamond Reviews

Express Gold Cash Review Top Consumer Reviews Best-In-Class Blue Ribbon Award 5 Star Rating

Express Gold Cash

5 Star Rating Top Consumer Reviews Best-In-Class Blue Ribbon Award

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 Review 4.5 Star Rating

Diamond Buyers International

4.5 Star Rating

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.

myGemma Review 4 Star Rating

myGemma

4 Star Rating

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 Review 4 Star Rating

Sell Your Gold

4 Star Rating

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.

GoldFellow Review 3.5 Star Rating

GoldFellow

3.5 Star Rating

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 Review 3 Star Rating

Cash for Gold USA

3 Star Rating

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 Review 3 Star Rating

Diamonds USA

3 Star Rating

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 Review 3 Star Rating

The Diamond Valet

3 Star Rating

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 Review 2.5 Star Rating

Worthy

2.5 Star Rating

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.

Cash for Gold and Diamonds Review 2 Star Rating

Cash for Gold and Diamonds

2 Star Rating

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.

Compare the Best Reviews

Continued from above...

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:

  • Ease of use and transparency. A user-friendly and transparent interface is crucial for a smooth selling experience. Transparency in fees, terms, and conditions is also essential. Choose a platform that clearly communicates any charges or fees associated with the sale.
  • Reputation. Look for reviews, testimonials, and ratings from previous clients. Reputable websites should have a track record of successful transactions and positive customer feedback. Consider checking independent review sites or forums to gather unbiased opinions about the platform's credibility.
  • Safety/insurance. How does the company ensure that your diamonds arrive safely? How much do they insure your gemstones for, while they're in transit? And on the return, if you wind up declining the offer?
  • Customer support. Evaluate the responsiveness and helpfulness of the platform's customer support team. A reputable service will offer assistance in case of any issues, address your concerns promptly, and provide guidance throughout the diamond-selling process. Look for companies that offer multiple channels of communication, such as live chat, email, or phone support.

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!

The Best Places to Sell Diamonds Compare Places to Sell Diamonds Compare Places to Sell Diamond Reviews What are the best Places to Sell Diamonds Best Places to Sell Diamond Reviews

Places to Sell Diamond FAQ

If you have a diamond ring, watch with diamonds, loose diamonds, or a tennis bracelet that you want some fast cash for, you can sell them online. Most online diamond buyers list a minimum size that they will pay cash for, so as long as your diamonds meet that requirement, you can send them in no matter how big. Most jewelers also buy diamonds that are certified and non-certified.
Most jewelry buyers have a similar process for purchasing diamonds. Prospective sellers will fill out a form with all the information they have on their diamond, including a copy of its certification if they have it. They'll give information like the diamond color, cut, approximate size, weight, and more. Next, they'll receive a shipping label and instructions to send their diamonds in. They'll be inspected at the diamond buyer's facility and an offer will be made to the seller.
You can make between hundreds and thousands of dollars for selling your diamonds online. The amount depends on how many diamonds you have to sell, their quality, and how big they are. Although it would take a while, it isn't a bad idea to get offers from different diamond buyers and go with the one who offers you the most money.
There are 4 specific characteristics that determine the value of a diamond. They are referred to as "The 4 C's" : cut, color, clarity, and carat weight. These are globally accepted standards for evaluating a diamond. The cut refers to the shape of the diamond, the color refers to how yellowed the diamond is, clarity refers to the imperfections on the diamond, and the carat weight is essentially how large the diamond is. The better your diamond fares on all these scales, the more it is worth.
No problem! Once you've sent in your diamonds, you'll receive an offer on them. If it's lower than you'd hoped or you decide to keep your diamonds, you can get them back. Almost all diamond buyers will ship your diamonds back to you free of charge if you choose not to sell them.
Many diamond buyers have information on their website about how they evaluate a diamond. It might help to read reviews on the company and see if customers are happy with the offers they've received. You could also get offers from multiple diamond buyers to see how they compare and choose the company who offers you the most. If you know how much you purchased your diamond for, that is also a helpful reference point when selling it.
Yes. Diamond buyers offer insurance on your jewels when you send them in. You can get your diamonds insured for hundreds of thousands of dollars if necessary. This way you're covered in case something happens and the diamonds don't arrive like they were supposed to. Some diamond buyers inspect the packages they receive under video surveillance to keep them accountable and provide proof to sellers that they did not mishandle the diamonds.
Most of the time, yes. It's not uncommon for a diamond buyer to also purchase gold or other precious metals and stones. If you're selling a gold ring with a diamond, you could get an offer for both the gold and the diamond and have the chance to make more money that way. If you have more than just diamonds to sell, it's a good idea to find a buyer that can purchase everything you have to offer.

Compare Places to Sell Diamonds

Select any 2 Places to Sell Diamonds to compare them head to head

best-places-to-sell-diamonds
  • Express Gold Cash
  • Diamond Buyers International
  • myGemma
  • Sell Your Gold
  • GoldFellow
  • Cash for Gold USA
  • Diamonds USA
  • The Diamond Valet
  • Worthy
  • Cash for Gold and Diamonds
Express Gold Cash vs Diamond Buyers International Express Gold Cash vs myGemma Express Gold Cash vs Sell Your Gold Express Gold Cash vs GoldFellow Express Gold Cash vs Cash for Gold USA Express Gold Cash vs Diamonds USA Express Gold Cash vs The Diamond Valet Express Gold Cash vs Worthy Express Gold Cash vs Cash for Gold and Diamonds Diamond Buyers International vs myGemma Diamond Buyers International vs Sell Your Gold Diamond Buyers International vs GoldFellow Diamond Buyers International vs Cash for Gold USA Diamond Buyers International vs Diamonds USA Diamond Buyers International vs The Diamond Valet Diamond Buyers International vs Worthy Diamond Buyers International vs Cash for Gold and Diamonds myGemma vs Sell Your Gold myGemma vs GoldFellow myGemma vs Cash for Gold USA myGemma vs Diamonds USA myGemma vs The Diamond Valet myGemma vs Worthy myGemma vs Cash for Gold and Diamonds Sell Your Gold vs GoldFellow Sell Your Gold vs Cash for Gold USA Sell Your Gold vs Diamonds USA Sell Your Gold vs The Diamond Valet Sell Your Gold vs Worthy Sell Your Gold vs Cash for Gold and Diamonds GoldFellow vs Cash for Gold USA GoldFellow vs Diamonds USA GoldFellow vs The Diamond Valet GoldFellow vs Worthy GoldFellow vs Cash for Gold and Diamonds Cash for Gold USA vs Diamonds USA Cash for Gold USA vs The Diamond Valet Cash for Gold USA vs Worthy Cash for Gold USA vs Cash for Gold and Diamonds Diamonds USA vs The Diamond Valet Diamonds USA vs Worthy Diamonds USA vs Cash for Gold and Diamonds The Diamond Valet vs Worthy The Diamond Valet vs Cash for Gold and Diamonds Worthy vs Cash for Gold and Diamonds
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