Expert Gold & Jewelery Advice

As long as recent memory can serve, a group of exclusive industry leaders have been known for fine, custom pieces of diamond jewelry. From Cartier in New York City and Tacori in Los Angeles – the two coastal cities have hosted groves of the top designers and jewelry manufacturers in the world. Celebrities and wealthy clients have had to travel to the coasts to access such top end pieces.

Those seeking high end custom pieces may be heading to the Rockies now, however, thanks to a few Denver jewelers who have suddenly arrived on the big diamond jewelry map. The group produces for an A-List group of celebrities and wealthy clients from around the globe. By producing some of the finest Denver jewelry, these guys are giving the coastal designers something to worry about over the in the Mile High City.

Many people ask me who will buy their old jewelry or diamonds in Denver. I’ve been asked the question so many times, in-fact, that I decided to write a quick post to let people know my answer.

Denver gold prices have soared over the past year; however many Denver jewelers have not changed the prices they are offering for scrap gold as the prices have increased. As a result, many establishments are still buying gold at $7-10 per gram and reselling it to the market at around $18-20 per gram.

While the general public will rarely receive market value for scrap or melt gold, there are three or four jewelers around town that will offer $14 or more for each gram of your unused gold. Of those, I’ve found that 90% of time, more is offered by a small Denver jewelery store . You can find them online at http://www.thediamondreserve.com.

If you also have a large diamond to sell, it is highly unlikely you will be able to find a buyer on public sites, such as Craigslist or Ebay. The best option, if you can find someone, is to attempt to find a friend who is actively looking for a diamond to buy. While rare, this option will offer your friend a great price on a diamond, and you’ll recover the most value possible from your diamond.

If you’re unable to find a friend in the diamond market, however, the second best option to sell your loose diamonds to a wholesale diamond broker. Most of these wholesalers are able to resell the diamond on a global market listing fairly quickly, and are therefore able to offer more than a standard jewelery store would be able to, as they do not have to wait several months or years to recover their investment in the diamond.

Until next time, take care and have fun!