Diamond Articles

Recycled Diamonds

October 28, 2014 - Diamond Articles

Looking to buy or sell recycled diamonds? We take a closer look at whaat recycled diamonds are and how the advantages and benefits of recycled diamonds.

What is a recycled diamond?

Recycled diamonds are diamonds that are not fresh from the mine. Also known as second-hand diamonds, pre-owned diamonds or used diamonds, the stones have a plethora of advantages when compared to “new” diamonds. These include:

1. Good for the Environment

Even the lowest quality stones are capable of being re-cut and repackaged back into the jewelry sector; recycling diamonds allows the flow of second-hand diamonds back into meaningful jewelry production. This in turn gives a strong ethical rationale by reducing the burden on mining activities and thus lessening environmental impacts, something which WP Diamonds, in common with a growing number of jewelers and consumers, takes very seriously.

2. Big Business

For the record, it is estimated that over 4.5 billion carats (900,000 kgs) of diamond has been extracted from the ground since mining… for the mineral first began. Due to the inherent hardness and durability of diamonds, much of this volume is still in circulation throughout the world. However, the recycled diamond business currently represents less than five per cent of the total diamond industry sales a situation that WP Diamonds aims to redress.

3.  Cost effective

Pre-owned diamonds are typically far most cost effective than their new counterparts. This is because pre-owned stones do not carry the hefty mark up added on at retail.

are recycled diamonds good

WP Diamonds: Specialists In Recycled Diamonds

WP Diamonds’ mantra is “Every Diamond Matters”. This means that we take the time, through our dedicated diamond teams, to value all natural diamonds of 0.5ct or larger. We buy a wide range of second-hand and used diamonds and recycle these back into the industry. There are plenty of businesses set up to buy diamonds, but very few prepared to offer a fast, easy and trustworthy service that can take as little as 24 hours. And even fewer who have the diamond expertise and knowledge to offer competitive diamond prices. Recycled diamonds bought by WP Diamonds go back into the market, promoting an eco-friendly and environmentally responsible way to buy diamonds.

Whether you are a member of the public, a manufacturer with unused inventory, a jewelry retailer who has excess stock, or a pawnbroker, precious metal dealer or refiner that has accrued diamonds, you will want to get the best price for your diamonds. Here lies the problem. Finding a reliable, responsible and principled company to deal with might appear to be nigh-on impossible. Well almost. WP Diamonds has been operating since 2012 and is providing just this proposition to both the trade and the public. We are proudly at the forefront of the recycled diamond movement.

recycled diamond buyers

Constant Monitoring

In the other meaning of the word value, WP Diamonds has access to a huge upstream sales contact network and constantly revises its prices to reflect the market. In some senses it helps set the market rate, constantly monitoring price movements and adjusting its buying prices accordingly.

How to sell recycled diamonds

  1. Fill out our online form
  2. Receive a price quote
  3. Schedule an appointment or request a free and fully insured overnight shipping label
  4. Get a final price and get paid

Our service is fast, free entirely secure. We pride ourselves on offering stellar customer service as well as a discreet and high-end selling experience.

How to buy recycled diamonds

The most sustainable and environmentally way to buy a diamond is to buy recycled diamonds. Browse a wide range of recycled diamonds and recycled diamond jewelry by clicking the button below.

Bio: Written by one of our diamond, designer jewelry or luxury watch experts. With over 150 years of combined experience, our experts are able to comment on trends, share industry knowledge and provide diamond, designer jewelry and luxury watch education.

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