📍 30 W 47th St Suite 906, 9th Floor, New York, NY 10036

Why Sell Your Diamonds to The Precious Metals Group?

Since 2010, The Precious Metals Group has been NYC's trusted diamond buyer, offering the highest prices for engagement rings, loose diamonds, and rare certified stones. Located in Manhattan's Diamond District at 30 W 47th St Suite 906, our expert gemologists provide accurate appraisals and competitive offers.

Whether you have a GIA certified diamond, an estate engagement ring, loose stones, or designer diamond jewelry, we pay top dollar. Our gemologists evaluate each diamond's cut, color, clarity, and carat weight to ensure you receive the maximum value.

Get a Free Diamond Appraisal
Loose diamonds and engagement rings

Types of Diamonds We Buy

We purchase all diamonds - from engagement rings to rare loose stones

Diamond engagement rings

💍 Engagement Rings

We Buy:

  • Solitaire engagement rings
  • Halo setting rings
  • Three-stone rings
  • Vintage and antique rings
  • Designer brand rings (Tiffany, Cartier)
  • All diamond shapes and sizes
Loose diamonds

💎 Loose Diamonds

We Buy:

  • GIA certified loose diamonds
  • EGL, AGS certified stones
  • Round brilliant cut diamonds
  • Princess, emerald, cushion cuts
  • Fancy shapes (oval, pear, heart)
  • All sizes from 0.25ct to 10ct+
Rare diamonds

⭐ Rare & Fancy Diamonds

We Buy:

  • Fancy color diamonds (yellow, pink, blue)
  • Large carat diamonds (3ct+)
  • Flawless and internally flawless stones
  • D, E, F color grade diamonds
  • Vintage old mine and old European cuts
  • Estate and heirloom diamonds

💍 Diamond Jewelry

  • Diamond tennis bracelets
  • Diamond stud earrings
  • Diamond pendant necklaces
  • Diamond eternity bands
  • Anniversary rings
  • Cocktail rings with diamonds

✨ Designer Diamond Jewelry

  • Tiffany & Co. diamond pieces
  • Cartier diamond jewelry
  • Harry Winston diamonds
  • Van Cleef & Arpels
  • Bulgari diamond jewelry
  • Graff, David Yurman pieces

📜 Certified Diamonds

  • GIA (Gemological Institute of America)
  • AGS (American Gem Society)
  • EGL (European Gemological Lab)
  • HRD (Hoge Raad voor Diamant)
  • IGI (International Gemological Institute)
  • Any legitimate lab certification

How to Sell Your Diamonds in NYC

Professional evaluation and instant payment - typically 15-20 minutes

1

Bring Your Diamonds

Visit our Diamond District office at 30 W 47th St Suite 906. No appointment needed (10am-6pm). Bring your diamond jewelry, loose stones, or engagement rings, along with any certificates, appraisals, or original purchase receipts.

2

Expert Gemologist Evaluation

Our GIA-trained gemologists will examine your diamonds using professional equipment - microscopes, loupes, diamond testers. We'll assess the 4 C's: Cut, Color, Clarity, and Carat weight. Verification of any certificates included.

3

Receive Your Offer

Get an immediate cash offer based on current diamond market prices. We explain our valuation in detail and answer all questions. Our offers are consistently 10-20% higher than competitors. No pressure to accept.

4

Instant Payment

Accept our offer and receive immediate payment - cash, certified check, or wire transfer. The complete process takes 15-20 minutes. Walk in with diamonds, walk out with money the same day.

Understanding Diamond Value: The 4 C's

Learn what makes your diamond valuable

💎 Cut Quality

Cut determines brilliance and sparkle. Grades: Excellent, Very Good, Good, Fair, Poor. Excellent cut diamonds command premium prices - they reflect light beautifully and appear more brilliant.

🎨 Color Grade

Graded D (colorless) to Z (light yellow). D-F are colorless and most valuable. G-J are near colorless and popular. Fancy colors (pink, blue, yellow) are separate and can be extremely valuable.

🔍 Clarity Grade

Measures internal inclusions and external blemishes. Scale: FL (Flawless), IF, VVS1-VVS2, VS1-VS2, SI1-SI2, I1-I3. Flawless and VVS diamonds are rare and valuable. VS and SI can offer excellent value.

⚖️ Carat Weight

1 carat = 200 milligrams. Larger diamonds are exponentially rarer and more valuable per carat. Price jumps significantly at certain weights: 0.50ct, 1.00ct, 2.00ct, 3.00ct.

📜 Certification Value

GIA certified diamonds command highest prices due to strict grading standards. AGS and HRD also respected. Certification increases value 5-15% and speeds sale process. We buy diamonds with or without certificates.

✨ Fluorescence

Diamonds can fluoresce under UV light (None, Faint, Medium, Strong). Strong blue fluorescence can lower value in colorless diamonds but isn't always negative. We evaluate each diamond individually.

Frequently Asked Questions About Selling Diamonds

How much is my engagement ring worth?

Engagement ring values depend on the diamond's 4 C's (cut, color, clarity, carat), the setting metal and quality, designer brand if applicable, and current market conditions. A 1-carat diamond engagement ring in good condition typically sells for $3,000-$8,000, but can be much higher for premium stones or designer pieces. GIA certification significantly increases value. Bring it in for a free expert appraisal - we'll explain the exact value factors.

Do I need a GIA certificate to sell my diamond?

No, certificates aren't required! While GIA, AGS, or other lab certificates increase value and speed the sale, we buy diamonds with or without paperwork. Our gemologists can grade your diamond accurately even without certificates. If you have original purchase receipts or insurance appraisals, bring those - they help establish provenance and value.

Will you buy loose diamonds without settings?

Absolutely! We love buying loose diamonds - they're often easier to evaluate and grade accurately. Loose stones from 0.25 carats to 10+ carats are all welcome. GIA certified loose diamonds command the best prices, but we buy uncertified stones too. Bring any documentation you have, and we'll provide a fair market-based offer.

What if my diamond has damage or chips?

We still buy damaged diamonds! Chips, cracks, or other damage does affect value, but diamonds with issues are still worth money - often thousands of dollars depending on size and quality. Minor chips can sometimes be polished out. We'll evaluate the damage honestly and make the best possible offer. Don't assume a damaged diamond is worthless - bring it in!

How do you test if my diamond is real?

Our gemologists use multiple professional methods: thermal conductivity testers, examining under microscopes (real diamonds show specific internal characteristics), testing hardness (diamonds are the hardest natural material), checking refractive properties, weighing (diamonds have specific density), and UV light testing. We have decades of experience distinguishing real diamonds from simulants like cubic zirconia or moissanite.

Why are your diamond prices higher than competitors?

We're direct diamond buyers with over 14 years in Manhattan's Diamond District. Our low overhead, industry connections, and efficient operation mean we can pay 10-20% more than jewelry stores, pawn shops, and online buyers. We don't work on consignment or use middlemen - you deal directly with decision-makers who can offer top dollar immediately.

Do you buy fancy color diamonds?

Yes! We're very interested in fancy color diamonds - yellow, pink, blue, green, and other colors. Fancy color diamonds are rare and valuable, with some colors (especially vivid pink and blue) commanding premium prices. Natural fancy colors are worth far more than treated or enhanced stones. Bring your fancy color diamond with any documentation for expert evaluation.

What about old mine cut or old European cut diamonds?

Vintage diamond cuts are highly desirable! Old mine cuts, old European cuts, and other antique cuts have unique charm and character. While they may not have the brilliance of modern cuts, they're sought after by collectors and vintage jewelry enthusiasts. We appreciate vintage diamonds and offer fair prices reflecting their historical value and rarity.

Can I sell diamond jewelry from a deceased relative's estate?

Yes, we frequently purchase estate diamonds and heirloom pieces. For estate sales, you'll need to show proof you have legal right to sell (executor documents, will, or estate paperwork). We handle these transactions with sensitivity and respect. Estate diamonds often have sentimental value - we'll explain everything clearly so you can make an informed decision.

How long does the diamond appraisal take?

Professional diamond appraisals typically take 10-20 minutes per stone. For engagement rings with side stones, 15-25 minutes. If you have multiple pieces or large diamonds requiring detailed examination, allow 30-45 minutes. We never rush - accurate grading takes time. You're welcome to watch the evaluation process and ask questions throughout.

What ID do I need to sell diamonds in NYC?

Valid government-issued photo ID is required (driver's license, passport, or state ID). This is New York law for precious metals and jewelry transactions. We keep your information confidential. This legal requirement protects buyers and sellers from fraud and stolen property. For estate sales, additional documentation may be needed.

Do you buy synthetic or lab-grown diamonds?

We primarily focus on natural diamonds, which hold significantly more value. However, we'll evaluate lab-grown diamonds on a case-by-case basis, especially larger high-quality stones with certification. Lab-grown diamonds typically sell for 60-80% less than equivalent natural diamonds. Be upfront about whether your diamond is natural or lab-grown.

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Expert Gemologists
GIA Trained Specialists

💰

Highest Prices
Best Offers in NYC

Quick Payment
Cash in 15 Minutes

Trusted Since 2010
Diamond District Leaders

Visit Us in NYC's Diamond District

📍 Located in Manhattan's Diamond District

The Precious Metals Group
30 W 47th St Suite 906, 9th Floor
New York, NY 10036
Between 5th and 6th Avenues

📞 Phone: 212-840-0415
📧 Email: thepmg906@gmail.com

⏰ Hours:
Monday-Friday: 10:00 AM - 6:00 PM
Evenings: 6:00 PM - 11:00 PM (by appointment)
Walk-ins welcome - no appointment needed

🚇 Easy Access

Subway:
• B, D, F, M to 47-50 St - Rockefeller Center
• N, Q, R, W to 49th St
• 7 train to 5th Avenue

Heart of the Diamond District

Ready to Sell Your Diamonds?

Get the best price for your engagement ring, loose diamonds, or diamond jewelry. Free expert appraisal, no obligation. Visit us today in Manhattan's Diamond District.

Call: 212-840-0415 Get a Free Quote