Move Over Gold-Buying—Jewelers Now Want to Buy Your Diamonds

Historically, only a small number of retail jewelers bought diamonds from the public. In the 1990s, however, the advent of Internet price lists and online retailing began to put the squeeze on margins for brick-and-mortar merchants, so traditional jewelers, looking for ways to compete with their Web-based peers, began to give the secondary market a closer look.More recently, supply issues have made diamond buying from the public more lucrative. But the real trigger was this year’s tremendous price volatility. “Never before in my 26 years of buying diamonds have I seen diamond prices rise s

This content is exclusive to JCK Pro subscribers. Subscribe now to access this and much more with discount code GOPRO21 for $199 for an entire year of access (reg. $249).


Already a JCK Pro? Log in

A JCK Pro subscription is your all-access pass to people and resources on the
cutting edge of the retail jewelry industry, from the industry authority you
know and trust

Learn about the Perks of JCK Pro

Log Out

Are you sure you want to log out?

CancelLog out