First, the recycling mechanism of diamond rings.
1, any carat size-Diamond Bank
Many people in China are unfamiliar with this term, but the development of diamond banks abroad is quite mature. This is a bank specially set up for diamonds, providing all related businesses such as purchase, investment and repurchase. If you take it here for recycling, it is the most secure, and the relevant procedures and documents are quite complete!
2, 30 to 50 points-pawn institutions
Sending them to pawn shops is also a good way to recycle diamonds. As long as you can guarantee that your diamonds are complete, you can immediately convert them into corresponding cash. However, you should keep your eyes open when choosing relevant institutions, and don't send them to street shops for recycling, which may not be reassuring.
3. Big Carat and Good Quality-Auction
If your diamonds are large and well preserved, you might as well send them to the auction house to participate in the auction. Generally, auctions have relatively high-quality customers and a very stable system, so you may get a better price than expected. However, you need to pay attention to the relevant processes, which may take a long time.
4, more than 30 points-jeweler recycling
Jewelers also provide recycling services when selling diamonds. This method is more reliable and the price is more conscientious, but it also has certain limitations, that is, diamonds need to be guaranteed to be more than 30 points, and brands generally need to correspond. For example, if you buy a ring in XXX brand store, you need to take it to XXX store for recycling.
5. Any number of carats-individual buyers or second-hand markets
If you think the above methods are troublesome, you can ask your friends or relatives if they have a hobby of collecting, or take all the details of the ring and sell it on popular second-hand trading websites, and you can get a relatively satisfactory price.
Second, how to recycle diamond rings
1, and check whether the diamonds are eligible for recycling.
If you want to recycle diamonds, you must meet the two conditions of proper size and no damage. Only when these two conditions are met can you carry out the follow-up work. If the number of carats is small or the damage is serious, I suggest you keep it as a souvenir.
2. Weigh and evaluate at home in advance.
Before you take it to the recycling agency, you'd better have a basic understanding of how big this diamond is and how much it can be bought. Don't send it to pawn shops and jewelry stores. Be prepared before doing anything, and you can avoid a foolproof link.
3. Make sure that all links are supervised personally.
Many merchants will do some things when recycling, such as short weight when weighing, and secretly scraping off the weight when cleaning diamonds, which will cause certain losses to consumers, so I suggest you supervise every little detail in the process to avoid being cheated.
I hope that after choosing the right organization, everyone will follow the precautions of recycling and let their rings sell at a good price.