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

If you live in a major metropolitan area, you may have access to a diamond district or wholesale exchange. These businesses buy and sell stones in high volume.

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

Many shops that specialize in gold and silver coins also buy diamonds. These dealers are high-volume buyers who prioritize quick, transparent transactions.

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