Diamond rings can be recycled and sold, and there are even diamond banks specializing in recycling diamond rings abroad. However, at present, the domestic diamond ring recycling market is not very mature, and there are no detailed legal provisions, which leads to a mixed diamond ring market, and many consumers who are unfamiliar with this aspect are easily deceived.

At present, the domestic diamond ring recycling institutions mainly include pawn shops, auction houses, second-hand luxury stores and jewelry stores. Diamond rings can be recycled through these channels, among which diamond rings of any brand and size can be recycled by pawn shops, and they can be converted into cash on the spot as long as there is no substantial damage. However, the auction house generally collects diamond rings at a higher price, but it takes a long time and needs to wait for a certain time.

Second-hand luxury stores also recycle diamond rings, but not all diamond rings can be recycled. Generally, only diamond rings with good quality or famous brands can be recycled in second-hand luxury stores, and the income is average. At present, many jewelry stores have launched diamond ring recycling services, but generally only for their own brands.