The local jewelry city generally has jewelry repair shops, which not only repair jewelry, but also the masters here basically recycle jewelry, gold and other items. However, for valuable items such as diamond rings, not all stores may provide recycling services.
Pawnshops are one of the main ways to recycle diamond rings. If you take the diamond ring to the pawnshop for recycling, you can settle it on the spot and give the consumer cash directly. However, the recovery price of diamond rings in pawn shops may be more expensive. For example, a very small amount of diamonds is not included in the valuation. In recent years, many luxury recycling companies have emerged. Searching online for words related to diamond ring recycling will lead to a lot of information about luxury recycling companies.
Matters needing attention in diamond ring recycling
Diamond rings are generally recyclable, and the only thing to consider is the recycling price of diamond rings. Because diamonds are a high-profit luxury, when we buy them, we often add many times the profits of dealers. If it is recycled, it will definitely not be sold then. Moreover, the diamond ring only recycles diamonds, and basically less than 20 points means that diamonds have no money.
In China, the diamond ring recycling institution is not perfect, so if you want to recycle your diamond ring, you must find a pawnshop with an authoritative certificate. Usually there must be at least a national inspection certificate, preferably a GIA certificate, which is relatively more authoritative.