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Where are all the recovered diamonds?
Recycled diamonds can be sold directly and secondhand and re-polished for sale.

1, directly used for sale.

Due to time, some carefully preserved diamonds are not in any state. After these diamonds are sold to recycling agencies, many merchants will sell them directly on the counter. In particular, fine diamonds with excellent quality are recycled by auction houses and sold directly in auction houses. The recovered diamonds also include some finished diamond ornaments, the most common being diamond rings.

Some diamond rings are conducive to the careful maintenance of the wearer. When sold to recycling businesses, the appearance is still very good, especially those diamond rings with real big-name designs. Generally, recycling institutions will not be dismantled and re-polished, but will be cleaned and resold directly. Car owners can also sell their diamonds directly, which is more convenient. For example, he can hang them on second-hand platforms such as idle fish and resell them to businesses or individuals.

2, re-polished for sale

Some finished diamond ornaments worn every day will inevitably bump into the original owners. Even if the diamond hardness is high, sometimes there will be some cracks and dirt. After such diamonds are bought back, merchants generally choose to re-polish them to ensure the cleanliness of the diamonds as much as possible.

After the bare diamond is polished, in order to sell it at a high price, merchants will choose to embed it into a brand-new drill holder and make a new model for sale. It is difficult for consumers to see this kind of second-hand refurbished diamonds, but there are not many businesses that handle and sell second-hand diamonds in this way.

Diamond recovery channel

1, auction house

If diamonds are of high value, such as rare carats, you can try to negotiate sales directly or privately through reputable auction houses, and you may get a good price. But it is suitable for rare and high-value diamonds, and the market for this kind of jewelry is not common.

2. Jewelers

Original jewelers also recycle diamonds, but the price is lower, usually only 30%-60% of the initial purchase price. Moreover, there are special recycling standards, and relevant diamond ring certificates need to be delivered, such as grams, invoices or sales vouchers, shopping vouchers, certificates, etc.

3. Pawnshop

Most pawn shops only pay attention to the smaller local market, and the recycling price is usually much lower than the original price paid by the seller. Of course, there are also a few pawn shops that don't even want to buy and sell diamonds because the benefits it brings are too meager.