They are looking for a profit margin to resell to retailers, so their offers are strictly "wholesale." They can also be intimidating environments for a first-time seller. 3. Professional Coin and Bullion Dealers
Never sell to the first place you visit. Get at least three offers to establish a baseline for what your diamond is worth in the current local market.
Personalized service and the potential for a higher offer if the diamond fits their specific clientele.
They may focus more on the "melt value" of the metal setting than the artistic or brand value of the jewelry piece. 4. Pawn Shops
Because pawn shops take on high risk and need fast turnover, their offers are typically the lowest—often only 30% to 50% of the diamond's actual resale value. Tips for a Successful Sale
Local, family-owned jewelers are often the best starting point. Unlike large chains, independent owners usually have more flexibility in their pricing and a deeper interest in unique or high-quality stones for their own inventory.
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