At a pawn shop, no, you're not going to get much for it. That's right! Get local cash offers for it – free, fast & easy. The jewelry store will calculate the price they offer by both the diamond setting and the GIA (Gemological Institute of America) certificate if the ring has it. The best way to figure out the value of your diamond is to compare it to other gems with the same characteristics. Once at the pawn shop, the broker will examine your diamond ring for the Four Cs and determine what they are willing to pay for you to pawn it. First of all, you can offer your diamond ring to a jewelry store authorized to sell preowned jewelry. The pawn store wants to sell it for $600 which means that they’ll give you anywhere between $150 and $360 for a ring worth four figures. List your diamond ring on PawnGuru today to get the most accurate up-to-date answers on how much you can get if you pawn a diamond ring, and for yours specifically. Similarly, there are so many factors that go into pricing diamonds that you are better off leaving it to experts. It can be sad to let go of your old valuables, but sometimes paying bills is the priority. Worth Pawn Shop is currently located on the south side of Chicago in Worth, IL. The pawn shop is often the first place where many try to sell their jewelry, although it should be the last solution on the list. Do you want to know how much you can pawn off your stuff for? Jewelry stores usually price their items based on the brand and can put a considerable amount of markup on the jewelry item. Find out how much your ring is worth and how to sell it for the most money. List your diamond ring on PawnGuru today to get the most accurate up-to-date answers on how much you can get if you pawn a diamond ring, and for yours specifically. Instant Pawn Shop Value Estimator. Unlike pawn shops, such places employ experts who can assess the real value of your diamond. You need to get all the information about the seller, the pawnshop, and the ring you pawn in writing. If you paid $6,000 for the diamond ring, the dealer would probably propose to buy it for around $3,000. If there is an off-white yellow hue to the white diamond, it is considered less valuable due to its impurities. The 4C determines the quality of the diamond, including cut, color, clarity, and carat. Research. While you wait for multiple cash offers to roll in from your nearby pawn shops, you can feel free to read the general information below on how much pawn shops give for diamond rings. Always carefully choose the pawn shop to avoid selling the ring in one that runs a dubious business. We pay top dollar on all your valuables: gold, silver, jewelry, antiques, coins, instruments and much more. The downside is that the interest rate is much higher than the one charged by the bank. On the plus side, some sites operate on the bidding principle, so the starting price you choose can be significantly increased until the end of the auction. Pawn broker: Pawn shops are convenient, but they may not have the expertise to understand the value of your ring and make you a good offer. Another risk for pawn shops is to buy falsified or gold-plated items that are ultimately worth much less than expected when purchased. Pawn shops will only offer you around 70% of the value of your ring, so make sure you think it will cover your needs. When it’s time to sell a diamond ring, consider heading to a pawn shop. To help you get a ballpark idea of what you can get for the diamond ring, calculate 30 to 60% of what the diamond is worth. Refer to the current price of silver and the current price of platinum. At best, you can make a deal for 55 to 75% of its value. Most pawn shops only offer between 40% and 60% of your gold ring’s value but that is too less money. 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