Memphis Gold and Diamond Buyers purchases jewelry, coins, bullion, and precious metals for cash with same-day payment. Founded in 2010, they operate in the Memphis area with transparent on-site valuation.
Data compiled from public sources · Google rating shown when a stored review count is available
Memphis Gold and Diamond Buyers was established in 2010 to provide a safe, comfortable environment for selling precious metals and jewelry in the Memphis area. The company positions itself as a listed buyer of gold, silver, platinum, diamonds, coins, and bullion, with a storefront designed to resemble a cozy living room rather than a traditional pawn shop. They claim to pay competitive market rates and emphasize customer service and experience context.
The company offers short-term cash access or check payment for precious metals and jewelry, with valuations typically completed in 5-10 minutes without requiring appointments. They buy broken jewelry in multiple karats (10k through 24k gold), sterling and pure silver, silverware, platinum, loose diamonds, diamond jewelry, estate jewelry, fine watches, and coins/bullion. All testing and valuation occurs in front of the customer using certified, state-of-the-art equipment. Staff are trained in diamond grading, coin/bullion evaluation, and precious metal recycling.
Memphis Gold and Diamond Buyers differentiates itself through speed (claiming cash in under 10 minutes), staff experience context, listed evaluation processes where items never leave customer sight, and relationships with top refineries and wholesalers worldwide. The company has developed a strong Google review profile with customer testimonials praising fair pricing, professional staff (particularly an employee named Alex), and prices that allegedly exceed competitors in a multi-state region.
As a precious metals buyer, this company operates within the pawn-shop category but functions primarily as a listed metals and jewelry purchaser rather than a general collateral lender. Customers should note that selling jewelry yields lower prices than market value due to the buyer's profit margin, and prices fluctuate with commodity markets. The business operates Monday-Saturday 10am-4pm, closed Sundays, serving the greater Memphis area.
This is state-level context for Pawn Shops consumers in Memphis, TN. It does not confirm that Memphis Gold and Diamond Buyers or this specific location is licensed.
State regulator
Tennessee Department of Financial Institutions
Consumer protection
Short-term lending status: Legal
General rate context: 24% for consumer finance loans; payday loans regulated under Deferred Presentment Act
Tennessee allows payday lending with a $500 cap and 15% fee limit. Borrowers are limited to two simultaneous loans. The Department of Financial Institutions regulates all consumer lenders, and complaints can be filed with the Department or the Attorney General.
Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.
Memphis Gold and Diamond Buyers offers 12 services including Gold jewelry purchase (10k, 14k, 18k, 21k, 22k, 24k karat), Sterling and pure silver buying, Silverware purchase, Platinum jewelry and items purchase, Loose diamond buying, and 7 more.
Memphis Gold and Diamond Buyers has profile signals associated with People with broken, unwanted, or estate jewelry seeking short-term cash access without appointments, Coin and bullion collectors wanting to sell holdings to a knowledgeable buyer, Memphis-area residents researching short-term cash access from precious metals without lengthy haggling.
Key strengths: Fast turnaround: valuations completed in 5-10 minutes with same-day cash or check payment; listed process: customers observe entire testing and valuation with items never leaving their sight; No appointment required and rarely any wait time according to website claims. Areas to consider: Operates only Monday-Saturday 10am-4pm, closed Sundays, limiting accessibility for some customers; Serves primarily the Memphis area; geographic reach appears limited to local region.
In the Pawn Shops category, comparable providers include SmartChoice Credit, Vita Credit Queen, Pawn Shop. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.
CreditDoc Profile Note
Memphis Gold and Diamond Buyers is profile signals for Memphis-area residents who are researching short-term cash access for precious metals, jewelry, or coins and value listed, evaluation context. The main caveat is that selling to any precious metals buyer yields below-market prices due to the buyer's margin, and prices fluctuate with daily commodity rates—customers should compare offers from multiple buyers and understand they will not receive full market value.
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