First, diamonds can be recycled.
1, the diamond market is hot.
The value of diamonds has been growing steadily for decades. With the increase of income, the impact of the Internet on the diamond industry has led to an increase in the number of second-hand diamonds. Gemmologists estimate that this amount is as high as 5%- 10% of the current market supply. This may destroy the concept that diamonds are rare and precious.
2. The diamond recycling technology is mature.
On the other hand, the recovered diamonds can be sold in the market, which shows that diamonds have eternal value and the owners of this precious asset can choose to recycle them. Moreover, merchants can recycle high-quality diamonds at a relatively low price, and then return to the market for sale through technical treatment.
Second, diamond recycling channels.
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.
4. Online sales
With the development of the Internet, second-hand trading websites are now more mature, such as a fish and a turn. This has created countless new choices for consumers who want to sell diamond jewelry and anything else. Online classified websites can connect sellers and buyers to local markets and even the whole country.