How to Get Pawn Loans against Diamonds

Whether you are looking to buy an engagement ring or sell it, you can learn how to get a pawn loans against diamonds. You can also learn how to use your jewellery as collateral for loans. In this article, you’ll learn how to make the most of your diamonds and negotiate with America’s toughest pawnbrokers.

Buying or selling diamonds requires more than just size

Buying or selling diamonds is not a simple task. You need to know much about the diamond industry before starting. The good news is that there are plenty of ways to profit.

The best place to start is with an online diamond marketplace. You’ll want to check out eBay, Facebook Marketplace, and other online auction sites to find diamonds for sale.

However, don’t assume that diamonds on eBay are fake. They can be genuine diamonds as long as they are sourced from a reputable diamond laboratory. Buying from a jewellery can also get you a better price. You’ll want to shop for a jewellery with good reviews and warranties.

Buying from a pawnshop is another option. Pawn shops are notorious for lowball offers. They make their money by buying a diamond and then trying to sell it back for less. But pawn shops aren’t required to buy rare diamonds.

Assessing jewellery as collateral for loans

Using jewellery as collateral for a pawn loan is a fast, safe and discreet way to secure a quick loan. However, it is essential to do your research before taking your ring to a pawn shop. The process can be frustrating, and finding a lender that can offer you an affordable loan can be difficult.

The best way to get a fair price for your jewellery is to visit a reputable lender. Discreet Funding is one such lender. They will make an offer for your jewellery in a matter of minutes.

The process of pawn lending has been around for hundreds of years. The industry has changed very little in the last 150 years. However, customers have become hesitant to accept fair payment for their jewellery. Fraudulent activity is every day, and customers need to be careful.

A jewellery collateral loan is an excellent way to amplify the value of your jewellery. The loan can be repaid in 90 days, and there are no penalties for early repayment. The lender may offer to extend the loan for up to four months, and you can collect the loan at any time.

Realizing up to 75% of a diamond ring’s market value

Often, the best way to get cash for diamond rings is to sell them to pawn shops. Unlike jewellers, who can buy them at wholesale prices and then mark them up, pawnbrokers base their offers on current market values.

Pawnbrokers generally offer you around 20% to 50% of the diamond ring’s cost. They rely on the market value of the precious metals and gemstones and the ring’s design to give you a fair offer.

However, pawn shops are worried about overpaying for diamonds. Unlike jewellers, they can’t offer guarantees, financing arrangements or marketing support. That means they’ll pay you the lowest price for your diamond, usually below the wholesale market value. They also worry about overpaying for the metal.


You should get an appraisal if you’re considering to sell your diamond engagement ring. You’ll need to know the characteristics of the diamond, including its cut, shape, colour and clarity.

A pawn shop will not pay the total value of your jewellery. Instead, they will offer between forty and sixty per cent of its value. They may also call in a third party to appraise it. The third party’s appraisal can help you and the pawnbroker have common ground for negotiation.

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