A lot of people have a limited understanding of what pawnshops really are. In fact, some people think that they are fly-by-night shops that lend out loans. This is hardly true. 

Probably the most fascinating aspect of pawnshops is the fact that they can give you a collateral-based loan that does not interfere with your credit history or credit score. This type of loan doesn’t even demand a lot of requirements. All you need is to bring an item with perceived value and you will get quick cash the very same day! 

There is a wide range of items that can be used as collateral in pawnshops. They can accept jewelry, electronics, firearms, watches, televisions and even vehicles but today, we will be focusing on a special kind of item: diamonds!

So, if ever you’re in a financial situation where you need cash and you need it fast, you will be happy to know that you can pawn or sell your diamonds in the pawnshop. For instance, if you need to pay an emergency medical bill or lend someone cash, you can visit the nearest pawnshop and get the cash that you need on the very same day! 

Selling or pawning your diamond jewelry is always a great experience here at Florida Pawn. Established in 2010, our company has a team of certified diamond buyers who can appraise and buy diamonds in our 2 shops located in Hollywood and Margate. 

As a matter of fact, Florida Pawn makes it very easy for you to sell or pawn your valuable items such as bracelets, jewelry, diamond rings and other similar items. With us, you no longer have to turn to an old or random store that will probably offer you less cash than what you truly deserve. Instead, you can always turn to the reliable and trusted professionals of Florida Pawn. We will offer you a simple and easy way to get fast cash for your diamonds!

Diamonds are among the valuable items that are accepted in pawnshops and perhaps one of the items that can fetch a high price. When visiting a pawnshop, you should always manage your expectations as you will always get an offer that is lower than how much you got the item for. It is very rare when you get an offer that matches the price of your item or even higher. An offer like that could come close if you bring in a diamond ring.

There are many reasons why diamonds are one of the best items you can pawn if you need cash. Here are just some of the reasons:

  • It rarely depreciates. In general, diamonds hardly decrease in value. Unlike other valuable items that are traded in the world, diamonds are considered one of the best because their value rarely fluctuates. For instance, smart devices and luxury cars can command a high price when bought but will severely depreciate as soon as it is resold. On the other hand, diamonds seem to be reasonable items to invest in because their value is stable. This fact makes diamonds a lucrative item to buy and sell. Even as a second-hand item, it can still command a hefty sum. 
  • It doesn’t deteriorate. Diamonds are very strong and that is why they don’t degrade. This is also the same reason why their value is stable. Compared to other items such as electronics, they can be stored in a safe place for prolonged periods of time without becoming outdated or deteriorated. 
  • It has a fantastic turnout rate. A lot of  pawnshops offer a fair amount for diamonds because they are very easy to sell. In fact, a lot of people visit pawnshops to buy diamond rings as they tend to be reasonably priced when bought there. Pawnshops love items with fast turnover because it means it is good for them.

Florida Pawn is willing to offer you a reasonable price for your diamonds as long as they meet the quality that we require:

  • A half a carat in total weight
  • A clarity of SI                       
  • A color of I                          

Florida Pawn will also buy all cuts of diamonds!

  • Round Diamonds
  • Pear Diamonds
  • Marquise Diamonds
  • Emerald Cut Diamonds
  • Princess Cut Diamonds
  • Asscher Cut Diamonds
  • Heart Shape Diamonds
  • Canary Diamonds
  • Mine Cut Diamonds
  • European Cut Diamonds
  • GIA Diamonds
  • EGL Diamonds
  • Fancies
  • Oval Diamonds

Why sell your diamonds to Florida Pawn?

Although some people believe that jewelry stores are the best place to sell your diamonds, you might be surprised to learn that you may get a higher offer if you will go to a pawnshop. Pawnshops can offer you a higher deal because they can purchase your diamonds and sell them to their customers at a higher rate compared to how much they bought them from you. 

Diamonds are valuable and they can serve you well if you need quick cash. So that you can get the most value out of it, be prepared before going to the pawnshop. 

Find out the value of your item by researching trends and market prices and visiting a couple of jewelry stores. You should also know how much money you need so that you can negotiate a price that is fair to you and the pawnbroker. This will help you become confident with what you’ve got and help you create a strong pitch. You can convince our pawnbrokers by sharing the demand and resale value of your diamonds. Lastly, bring your diamonds over to Florida Pawn for appraisal and fast cash!

Our process is very simple, quick and hassle-free. All you need to bring are your diamonds and identification and you are good to go! So, if you want to find out how much you can get for your diamonds or you want to get quick cash, feel free to visit our shops or give our certified diamond buyers a call on 954-353-7296 (Hollywood location) or 754-999-5626 (Margate location) today!