How to Sell or Pawn a Diamond Ring for the Most Money

Selling a ring is one way to raise extra cash — whether you no longer want it, it reminds you of a past relationship, or you simply need the money. The more you understand about the setting and the diamond, the more you'll get, and the less likely you are to be taken advantage of.

Know the Setting

Metals carry very different values: silver, gold, and platinum — and the stamp inside the band tells you which one you have. (Platinum is the rarest, but it has traded below gold for years; see why a platinum ring can be worth less per gram than 14K.) If you're not sure what you have, get it appraised so no one can tell you a platinum ring is "just silver." History matters too: documented provenance, a vintage setting, or a well-known brand like Tiffany can all raise the value — but bring the paperwork to back it up.

Know the Diamond — the 4 Cs

There's a world of difference between a yellowish stone and a low-clarity white one. Learn your diamond's grade on the four Cs — color, clarity, cut, and carat weight — before you walk into any store. If your diamond has a GIA (or other gemological lab) certificate, bring it; it proves the stone's quality and confirms your offer is fair. No certificate? Getting one is a smart move before you sell.

Where Should You Take It?

A pawn shop, jewelry shop, or jewelry dealer are all options, and each will value the ring differently — so get a few offers and compare them. At DD Pawn Loans you can sell a diamond ring outright or borrow against it with a collateral loan.

See our sell diamonds page or call (561) 774-9292.