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Sell Diamonds Review

Monday, August 2nd

2021 Places to Sell Diamond Reviews

Sell Diamonds Review 1.5 Star Rating

Sell Diamonds

1.5 Star Rating
  • Over 25 years of experience
  • Buys all precious metals, diamonds, rubies, and emeralds
  • Get a free quote online

Sell Diamonds is located in... you guessed it! New York City. Their brick-and-mortar location is a few minutes from Rockefeller Center, but it makes the most sense to do business with them online for convenience. Unfortunately, their website is vague in its description of how their buying diamonds processes work, so we are hesitant to recommend working with them.

Buys Big And Small Diamonds

Sell Diamonds says they will buy your diamonds no matter how big or small they are (unless they have bad clarity). Your payment will be determined by their in-house gemologist who will rate your diamond by cut, clarity, color, and carat. If you accept the offer provided by Sell Diamonds, you will either receive a cash payment, check, or wire transfer.

Many Unanswered Questions

The glaring question we have with Sell Diamonds is how customers get from having their diamonds to sending them off to the company and receiving a quote. Do they provide free shipping? How much is your package insured for? How long does it take to receive an offer? What is the process for accepting or rejecting the offer? How do you get your diamonds back if you choose not to sell? These are critical questions that should be answered on Sell Diamonds's website, but aren't. When dealing with such valuable items, a company like this is doing a disservice to customers by being so vague.

Best Places to Sell Diamonds

Unhelpful Quote System

The website allows you to get a "free quote" on your diamonds, but this requires that you know all the details about your diamond like the clarity, type, color, weight, and upload the certificate. Most people won't know all of this information if they weren't the ones who originally purchased the diamonds.

Lacking Customer Feedback

Sell Diamonds does not have a rating from the Better Business Bureau. Even though their business was started in 1993, they don't have many customer testimonials online anywhere. The few customer reviews we found were all 5 stars and made around the same time, which sometimes is a red flag that there may have been an incentive at some point for customers to leave positive reviews. We hope most people are having a 5-star experience with Sell Diamonds, but we are disappointed by the lack of customer feedback.

Lacking Transparency = Lacking Our Business

When you're contemplating selling your diamonds, you want to work with a company who will be transparent and treat your items with care. Since Sell Diamonds does not have a clear process for dealing with your diamonds or paying you for them, it seems risky to give them your business. They haven't earned our trust since they are lacking in so much detail compared with their competitors, so to stay on the safe side we encourage you to sell your diamonds to a higher-rated diamond buyer.

Where is the Best Place to Sell Diamonds Online?

If you're one of those lucky people who have extra diamonds laying around and want to sell them for cash, it only takes a few clicks online to make it happen! Whether it's an old wedding ring, a family heirloom, a pendant, or any other type of jewelry that you're hoping to get a cash return for, it's never been easier.

Gone are the days of having to drive all over, taking your diamonds to a pawn shop or jewelry store to find the best deal. There are quite a few companies online who will buy your diamonds at competitive prices. Most provide step-by-step directions that make it easy to understand how to do business with their company.

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 the Best Reviews

Continued from above...

When selling your diamonds online, you'll want to make sure you get the best deal and work with a reputable company. You might want the option of a "draft offer" to compare different companies and make sure you get the most for your diamonds. When you're dealing with precious items, you don't want to make rushed decisions or feel taken advantage of. Luckily, there are quite a few reputable diamond-buyer options online for you to compare before ultimately making your selection.

When choosing an online site to sell your diamonds, we recommend you keep the following criteria in mind:

  • Requirements. What types of diamonds does the company buy? Do they have tight guidelines on what they will accept?
  • Process. Is the process for selling your diamonds simple and straightforward? Is customer service readily available to help you if you run into questions along the way? If you're getting the runaround and finding it complicated to understand the company policies and procedures, it might be best to sell your diamonds to a different company.
  • Reputation. What does the Better Business Bureau have to say about the diamond-for-cash company? If you're not using a professional or reliable platform, chances are there won't be as many buyers to purchase what is being sold. Finding a well-known, reputable company will provide the best return for your diamonds.

To help you identify the best site to sell your diamonds, TopConsumerReviews.com has reviewed and ranked a variety of options. We hope this information helps you sell your diamonds quickly and for the best price!

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