TX · Diamond resale guide

How to Sell a Diamond in Dallas

What Dallas jewelers actually pay for diamonds, how to get the best offer, and the mistakes that cost sellers 20-40% of their stone's value.

Quick estimate

Before visiting any buyer, know what your diamond is worth. Our calculator uses the 4 Cs from your GIA report to estimate retail, resale, and pawn values.

The Dallas diamond market

Dallas has a concentrated diamond market along Maple Avenue and in the Dallas Jewelry District. The city's wealth and luxury retail scene create steady demand for quality stones. Buyers typically pay 25-40% of retail. Dallas jewelers are generally straightforward in their offers, and the market is less tourist-driven than NYC or Miami.

Before you sell: 5 rules

  1. Get an estimate first. Use our calculator to know the floor and ceiling before any conversation.
  2. Bring your GIA / IGI report. No certificate? Buyers will discount 10-25% because they can't verify the stone.
  3. Get at least 3 written offers. Dallas dealers know each other and will price-match the best honest offer.
  4. Decline trade-credit offers. Cash only. Trade-credit is worth ~50¢ on the dollar to you.
  5. Check licensing. Most states require secondhand diamond dealers to be licensed. Ask to see their license.

Tips for selling in Dallas

→

Maple Avenue between Oak Lawn and Downtown has the most diamond buyers.

→

Dallas Jewelry District near Stemmons Freeway has wholesale-oriented dealers.

→

The Park Cities area has high-end jewelers who pay premium prices for certified stones.

→

Dallas buyers are accustomed to estate jewelry from the oil and real estate industries.

→

Bring your GIA/IGI certificate — Dallas buyers are educated and will discount uncertified stones heavily.

Where to go in Dallas

Maple Avenue

Park Cities

Dallas Jewelry District

What buyers pay in Dallas

Type% of retailNotes
Private sale50-70%Via WP Diamonds, IDoNowIDont. Takes 1-3 weeks.
Independent jeweler25-45%Best in-store option. Get 3+ offers.
Pawn shop10-25%Fastest, but lowest price. Last resort.
Online buyer30-50%Ship your stone, get an offer. Good for certified diamonds.

If you operate a jewelry store in Dallas and want your listing updated, email us.