Diamond Banque is a family-owned jewelry business established in 1983 and formally incorporated as Diamond Banque in 1993 by Ron and Linda McCully. The company is now operated by their son Joel and maintains a storefront in downtown Bellevue, Washington at 661 120th Ave NE. With over 35 years in business, Diamond Banque operates as both a jewelry retailer and collateral-based lender, serving the Seattle and Bellevue communities.
The company's primary services include buying jewelry from customers, providing loans secured by jewelry as collateral, and selling estate jewelry and designer pieces. Their inventory features engagement rings, vintage watches, designer jewelry (Cartier, Tiffany & Co., Rolex, Chrome Hearts, BULGARI), colored gemstones, bracelets, necklaces, and estate jewelry. They explicitly offer free evaluations with no obligation and promote a 30-day money-back guarantee on purchases. The business also emphasizes providing fair valuations for customers looking to sell or pawn jewelry.
What distinguishes Diamond Banque is their emphasis on long business tenure, claiming this allows them to maintain lower operating costs and offer competitive pricing compared to newer jewelry stores. They highlight their reputation for professional, fair, and honest dealing, noting that their established reputation attracts estate liquidations. The company operates with a casual, customer-focused atmosphere and advertises easy parking and friendly staff. Their website emphasizes over 25 years of experience in engagement ring selection and describes themselves as the "Go To" jewelry buyer in Bellevue.
As a pawn shop, Diamond Banque's primary function is providing short-term, collateral-based loans and purchasing used jewelry, though they also operate a retail component. The company's revenue model depends on jewelry valuations, loan interest, and retail markups. Customers should understand that jewelry loans are secured transactions where failure to repay results in loss of the collateral item.