Why are pawn diamonds so popular?

At GEM Pawnbrokers we have found that diamonds are always popular and throughout our long history, we found pawn diamonds truly are a girl’s best friend. But what makes diamonds so desirable?

Why are diamonds popular?

The phrase ‘diamonds are a girl’s best friend’ came about in the 1950s in the film Gentleman Prefer Blondes starring Marilyn Monroe. The phrase is based on the idea that diamonds represent material wealth and luxury that are given by someone that loves them. This film and phrase raised the profile and desirability of diamonds, but they were already a popular choice.

So, what sets diamonds apart? Diamonds are clear and timeless which means that they can be worn with anything making them more versatile than many other precious stones. Diamonds are also seen as a symbol of wealth and a stone that is pure that can be seen as a symbol of love. For this reason, many people buying jewelry as gifts select diamonds as they express love, quality and style.

Diamonds are overall an extremely attractive stone, but the supply is limited which also impacts their value and desirability.

So what should you look for in a diamond?

There are different qualities of diamonds which impact their clarity and value. Diamonds are assessed on several factors which include their weight or size, their clarity which is graded on a SI scale, and their color based pigmentation and colorlessness.

If you pawn diamonds with us you can rest assured that we know what we are doing as we have trained and experienced appraisers that will examine your diamond pieces to check for the quality of your diamonds and jewelry. We are particularly interested in diamonds that are over half a carat in weight, have an SI clarity and have a color grade of I which is almost colorless. We offer great rates for pawn diamonds so it is worth visiting us to see what your diamonds are worth.

Should you sell or pawn diamonds?

The decision of whether to sell or pawn diamonds is up to you and whether you want to have them back. Pawning your diamonds allows you to access money when you need it and pay back the loan over a period of time whilst your diamonds are stored securely until the loan is repaid. Pawning your diamonds can give you the best of both as you get the money you need, and you will get to keep your jewelry. However, if you no longer wear your jewelry, you may prefer to receive the money for it.

Whether you want to sell or pawn diamonds, visit one of our 24 conveniently located stores across New York City to see what your piece is worth.