If you have loose diamonds and are looking for a way to make money from them, then you have a few options. At South Bay Jewelry & Loan we are proud to offer good prices and top service. Keep reading to learn how to get the most for your loose diamonds, then contact us at (310) 371-4571 or stop by to get a quote for your diamonds.
There is a Reason Diamonds Are So Valuable
Have you ever thought about why diamonds are so valuable? Yes, they are beautiful – but so are many other stones used to make high-quality jewelry. The answer is actually not something you likely would have guessed: De Beers, the largest international diamond company in the world, controls the diamond market. This allows them to keep the prices up. The whole story is complex but the basic fact is this: Diamonds are a good investment and a good way to make some money.
You Can Make Money from Your Loose Diamonds in Two Ways
There are two main options if you have loose diamonds and need money. The first is to sell them to South Bay Jewelry & Loan. This is a simple transaction in which you give us diamonds and we give you cash. Second, if you want to make money without losing your diamonds, you can use them as collateral on a pawn loan. We offer interest rates as low as 2%. Call us to find out more!
Our Favorite Types of Diamonds
We are a pawnbroker that specializes in jewelry, so we know about the various shapes, sizes, and clarities of diamonds. We will generally accept any size, color, or clarity of stone as long as it is one of these cuts:
We do accept additional cuts so if you do not see yours listed, please contact us. If you do not know what cut it is, just bring it in and we can give it a look.
How to Get the Best Price from Us
High-quality loose diamonds are sold with a certification card from the Gem Institute of America or another similar organization. This certificate should describe the characteristics and value of the diamond. If you have this, bring it with your diamond. It will help ensure our appraisers can get an accurate value for your diamonds.
In the event you do not have this certificate, bring any other documentation you have. This may include things like insurance appraisals. If you do not have this, bring in your diamond anyway. We can test it to ensure it is authentic and we can evaluate all aspects including clarity, cut, carat weight, and color to get the best value. Call South Bay Jewelry & Loan at (310) 371-4571 or stop by to learn more.