Sell Diamonds NYC - Selling Diamonds logo

Sell Diamonds NYC - Selling Diamonds

3.9/5

NYC-based diamond and jewelry buyer offering cash payouts for diamonds, engagement rings, and precious metals. Located in Midtown Manhattan's diamond district with 20 years of industry experience.

Editorially reviewed by Harvey Brooks

Free to Use BBB: NR Free Consultation Visit Website

Sell Diamonds NYC - Selling Diamonds Review

Sell Diamonds NYC is a diamond and jewelry buying service located in Midtown Manhattan within New York City's diamond district. The company has been operating for 20 years and specializes in purchasing diamonds, engagement rings, and other jewelry for cash. They position themselves as high-paying buyers in a competitive NYC market, emphasizing their expertise and competitive pricing to consumers looking to liquidate diamond jewelry.

The company buys all types of diamonds including engagement rings, loose diamonds, certified GIA and EGL diamonds, large diamonds (3+ carats), diamond pendants, earrings, and rare/exotic diamonds. Beyond diamonds, they also purchase gold, silver, platinum, watches, and other jewelry items. They offer multiple transaction methods: in-person evaluation at their Midtown location, mail-in options for remote customers, and online quote forms. The process involves initial contact with diamond details, a rough estimate, in-person expert evaluation, and a final cash offer.

The company differentiates itself through claims of being the highest-paying buyer in NYC, offering free no-obligation assessments, professional diamond appraisal services, 20 years of industry experience, certified appraiser credentials, and an emphasis on discretion (particularly for divorce situations). They highlight their location in the diamond district and accessibility via public transportation. The website stresses five-star reputation and specialization in certified diamonds that command premium prices.

While the website makes strong claims about payouts and customer service, consumers should note this is a for-profit jewelry buying operation with inherent incentive structures. The company does not disclose specific pricing formulas, payment delays, or how their offers compare to certified appraisal values. As with all jewelry buyers, actual payouts typically reflect wholesale values rather than retail values, and the buying price for diamonds—especially uncertified stones—can vary significantly based on condition, market conditions, and individual appraiser assessment.

Services & Features

Diamond buying and cash payment for all diamond types
Engagement ring purchase and valuation
Certified GIA and EGL diamond appraisal
Loose diamond buying
Large diamond purchases (3+ carats)
Rare and exotic diamond buying
Gold, silver, and platinum jewelry buying
Watch purchasing
Free no-obligation diamond assessments
Online quote forms and estimates
Mail-in diamond evaluation and purchase option
In-person evaluation at Midtown Manhattan location

Feature Checklist

Credit Education
Identity Theft Protection
Score Tracking
Mobile App
Online Portal
Personal Advisor

Pros & Cons

Pros

  • Offers multiple convenient transaction methods: in-person, mail-in, and online quote options
  • Provides free no-obligation assessments and professional diamond appraisals at no cost
  • 20 years of stated industry experience in diamond buying and selling
  • Located in Manhattan's diamond district with accessibility to major transit
  • Buys all diamond types including certified (GIA/EGL), uncertified, loose, and rare diamonds
  • Purchases additional items beyond diamonds including gold, silver, platinum, and watches
  • Emphasizes discretion and understanding for sensitive situations like divorces

Cons

  • No specific pricing formulas, fee structures, or payment timelines disclosed on website
  • Claims of being 'highest paying' are unverified and self-reported with no third-party substantiation
  • As a for-profit buyer, payouts will be wholesale values significantly below retail/appraisal prices
  • Limited transparency on how certified vs. uncertified diamonds are valued differently
  • No information provided about payment speed, holding periods, or refusal policies

Rating Breakdown

Value
5.0
Effectiveness
3.5
Customer Service
3.7
Transparency
3.5
Ease of Use
3.9

Frequently Asked Questions

Is Sell Diamonds NYC - Selling Diamonds legitimate?

Yes. Sell Diamonds NYC - Selling Diamonds is a registered company headquartered in 37 W 47th St #203, New York, NY 10036. They hold a NR rating with the Better Business Bureau.

Quick Facts

Headquarters
37 W 47th St #203, New York, NY 10036
BBB Rating
NR
BBB Accredited
No
Starting Price
Free to Use
Setup Fee
None
Free Consultation
Yes
Money-Back Guarantee
No
Visit Sell Diamonds NYC - Selling Diamonds

CreditDoc Diagnosis

Doctor's Verdict on Sell Diamonds NYC - Selling Diamonds

Best for NYC residents with certified or valuable diamonds/jewelry who prefer local, in-person evaluation and quick cash conversion. Main caveat: this is a wholesale jewelry buyer, so payouts will be 30-70% below retail/appraised values depending on diamond type and current market conditions—compare offers with certified independent appraisers before selling.

Best For

  • People with diamond engagement rings from ended relationships seeking quick cash
  • Owners of certified GIA or EGL diamonds wanting appraisal and cash sale in one location
  • NYC residents with estate jewelry or loose diamonds wanting local in-person evaluation
  • Individuals seeking to liquidate multiple jewelry items including gold, watches, and diamonds simultaneously
Updated 2026-04-01

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