Sell Loose Diamonds

Getting the best price when you sell loose diamonds is a difficult and time consuming process, as it requires that you find a specialist to get the best possible price in the market. Selling to pawnshops or jeweler shops generally results in you, the seller, not realizing the highest possible price for the stone. WP Diamonds offers you the best price, quickly. Get Instant Offers on GIA Certified Diamonds. No valuation ranges, the price we quote is the price we pay.

Get Your Offer

Sell Loose Diamonds. GIA Trained Experts. Get access to the global markets.

How to sell loose diamonds online?

Selling a loose diamond online is simple. Selling can take as little as 2 days from start to finish or you can sell instantly in an appointment. If you select a trustworthy buyer selling online should be more reliable than local options.

  1. Complete the online form with as much information as possible about the diamond
  2. Take a photo then upload a copy of your diamond appraisal or grading report
  3. Receive your initial diamond valuation by email or phone
  4. Ship us your loose diamond fully insured via FedEx at no charge or make an appointment
  5. A member of our team will contact you with a full diamond valuation and offer
  6. If you accept, payment can be received within 24 hours for wires or take a check at the appointment

We have a fully insured FedEx overnight service for you to use to send diamonds to us or you can visit our NYC Valuation Center and have your diamonds valued and receive an instant offer to buy your stone.

Watch Our Process

How much is my loose diamond worth?

Loose diamonds or diamonds set in jewelry are relatively complex to value. Diamonds have over 20 main characteristic that determine their value. At WP Diamonds our GIA trained gemology team has a wealth of experience in producing competitive diamond valuations.

  1. The 4’cs – carat weight, cut grade, clarity and color are the main ingredients in determining value
  2. Do you have a diamond certification? Some laboratories are more reliable than others and will affect your initial estimate
  3. Are there any chips or abrasions? This will affect the price especially if a diamond has to be recut to remove them
  4. Your return % of the retail price will depend on the buyer your select and what kind of deal you got when it was purchased
  5. Is the shape of your stone hot in the market? Are the characteristics of your stone desirable in the market? Not easy to know but a reputable buyer will be able to advise

Where To Sell A Loose Diamond?

Choosing the right buyer for your loose diamond is an important decision.  You want to get a great price but doing this in a safe and secure manner is key. The highest initial estimates do not always guarantee the highest final return.

Pros Cons
Direct Online Buyer Extremely fast and with good returns Finding a trustworthy buyer is not always easy
At Auction Very exclusive diamonds achieve great results Variable prices mean highly uncertain returns and selling can take a long time
Consignment Results can be impressive if given 6-12 months to sell Finding an outlet to consign loose diamonds is almost impossible
Private Buyer Returns can be high if you find someone wanting your exact stone Finding someone can take a long time and there are risks selling face to unknown individuals
Local Retailer Local means sellers often trust their local retailer Retailers are often very selective about the types of stone they purchase
Pawnbroker You can sell lower value stones They are non specialist buyers who return smaller prices

Why sell your loose diamond?

Selling your loose diamonds can free up finance or possibly allow you to buy another item. The market for diamonds is less volatile than for precious metals like gold and selling could return you a nice sum towards something new.

  1. Move on emotionally from a previous relationship
  2. Upgrade to a larger diamond or an item of jewelry/watch
  3. Free up money without taking risk such as loans where you must pay interest
  4. Pay for bills or pay for new projects

Selling loose diamonds to WP Diamonds will ensure you get the best return on your diamond. Our team of experts understand the second-hand market and will enable you to get the correct value.  Pawnbrokers, local jewelers, or some online buyers may not have the necessary experience or market knowledge to offer such a competitive price.

What loose diamonds can I sell?

Finding a buyer that will purchase a variety of loose diamonds is a difficult proposition. Most companies specialize in certain categories of loose diamonds. WP Diamonds is a global business and is one of the few buyers that will consider all shapes and sizes.

WP Diamonds Will Purchase WP Diamonds Will Not Purchase
Carat Weight All diamonds between 0.50ct to 100cts, fancy colors we consider 0.2cts+ Diamonds below 0.5cts and below unless natural fancy colored diamonds
Certification We purchase both certified and non-certified diamonds Conflict diamonds
Shape All shapes Not applicable
Color Most diamonds graded D to M in color, all natural fancy colored stones Mostly diamonds graded worse than M, color enhanced diamonds
Clarity Most diamonds graded FL-I2  Typically we do not buy diamonds I3 and worse or clarity enhanced diamonds
Location All diamonds in USA and UK, rest of world lab-certified diamonds only Non-certified or non international laboratory certified diamonds outside or UK and USA

HOW IT WORKS

Just like your diamonds, our process is unique. We want to give
you the most accurate price and make sure that we insure your
items for the right amount, so we ask that you fill out an initial
valuation form. Don’t worry, it’s easy. And if things don’t work
out, we send your items back to you free of charge.

1
THE FORM

Complete our online
valuation form

2
INITIAL VALUATION

Receive your initial valuation
by phone or email

3
SHIP YOUR ITEMS

Ship us your items fully insured
via FedEx at no charge
or make an appointment

4
EXPERT VALUATION

A member of our team will
contact you with a full
valuation and offer

5
GET YOUR OFFER

If you accept, payment can be
received within 24 hours

We Use Our Connections To
Global Markets To Pay You More

WP Diamonds is the consumer site of White Pine Trading LLC, an established diamond trading company. We buy loose diamonds in large numbers, from private customers to large corporations with large, loose diamond stock. As a result of our robust trading platform, we have real-time access to price changes for goods of any category (small or large, in perfect condition or broken, white, yellow or brown) which guarantees that we will pay you the most competitive price for your stone on any given day. Also, unlike other sales channels for your diamonds like jewelers or pawnbrokers, we buy goods of all categories, not just the categories that we believe we can sell most profitably.