That way, he will resell your ring for about $5,000. Most pawn shops are very reputable and offer people a cheaper alternative to predatory payday loans or title loans. Shiny, blinking, worthy gold pieces of jewelry, especially rings, can be found in everyone’s possession. Some pawn shops may not be interested in very small diamonds at all. Maximum APR In compliance with California state regulations, typical APR is 22% depending on the amount of loan. The size of your transaction will also play a role in how you’ll want to sell. Unfortunately, there’s no single answer. To help you get a ballpark idea of what you can get for the diamond ring, calculate 30 to 60% of what the diamond is worth. So bear in mind that you probably won't get as much for your jewelry when you sell it to the pawn shop as you originally paid for it. That’s the only way we can improve. More than 3,000 years ago, prominent Chinese, Greek, and Roman businessmen discovered that they could profit by lending money to peasants who needed … Offers can range from $65 to $1,500. Wiki User Answered . Because of this, it’s always a good idea to get your ring appraised first. Nylon Wedding Ring vs Silicone Wedding Ring: What's the Difference and Which is Better? Pawn Bat offers an estimator that you can use to calculate the value of nearly any item. Pawn Shops typically have a code above the price indicating the purchase price (ie. Online gold buyers such as Abe Mor Diamond Cutters typically offer higher prices for gold than pawn shops. This will help you to get the most accurate estimate. Asked by Wiki User. Alternatively, you can also choose to sell an item to a pawn shop. 5. 1 decade ago. lemonloveless . While the traditional mens wedding rings with the gold and diamonds are beautiful and many couples still love to get them, many are choosing to go with something that is more flexible and durable to... What Size Earrings for a Tragus Piercing? So how much do pawn shops pay for diamond rings? My diamond solitaire engagement ring we got for $147. This will help you to get the most accurate estimate. Jewelry Pawn Shop Value Estimator. It would depend entirely on the rings gold weight and spot price of gold today. 1 decade ago. You will still get some money, of course. This includes the type of metal, the weight in grams, and more. How Much Do Pawn Shops Pay For Your Stuff? How Much Do Pawn Shops Pay For Diamond Rings 0 comment Emerald Diamond Ring Pawn Shop Wedding Rings Iamchoice Com Uptown Pawn Minneapolis Pawn Shops Q S Loan Toms River Brick Lacey Nj Collateral Loans Details About Real Natural Diamond Ring Solid 10k White Gold 30 Per Gram Pawn Shop Close Out Where Can I Sell My Engagement Ring For Cash Why You Should Avoid Pawn Shops … Therefore, you don’t want to pawn more jewelry than you have to, especially if you’re unable to repay the loan. The actual dollar amount will depend on the following factors: Before selling a diamond ring to a pawn shop, look at what could influence the amount you will receive. While most stores pay approximately 50 cents for every dollar of scrap gold value, Abe Mor offer up to 75 percent of the gold jewelry’s scrap value. This is another way to estimate what you might get. How much do pawn shops pay for gold? Carats measure the weight of a diamond. There are many factors that influence the value of a ring. Even if it’s in great shape, it’s not brand new. But how much do pawn shops pay for diamond rings? Pawn shops will only offer you around 70% of the value of your ring, so make sure you think it will cover your needs. Read on to learn more about how much you can make by selling a diamond ring. If you are considering selling diamond jewelry in these trying times, consider all your options and which one stands to help you get the best deal.-The Worthy Staff . In general, pawn shops will pay 40 to 60% of the assessed value of the piece. If you have a diamond ring you no longer want or need, here’s a quick guide to show you how pawn shops determine the price they are willing to pay and what to expect when you visit a pawn shop. The one I go to has mostly older antique rings but Im sure you could sell a newer one. 11 Answers. Be sure to try Pawn Bat to help you come up with an estimate based on market prices. Clarity measures the absence of flaws in a diamond. 3 Things You Should Buy from a Pawn Shop. Establish ahead of time the size range, diamond shape, color range and clarity range you want. These are some of the factors that contribute to a ring’s value: Your particular pawnbroker may look for other things when buying your diamond ring. Unfortunately, the pawn dealers have the opportunity to make a nice profit when you urgently need money. Let us know if you liked the post. According to the calculator, this is 95% accurate. Growing up, his parents were jewelers who worked in the industry for decades. Pawn shops will typically pay 30 to 60% of what a diamond is worth. Read our post on How Much Pawn Shops Pay for Platinum. It’s always a good idea to go to a pawn shop and have the diamond ring evaluated to see what it’s worth. 0 0. 2008-09-09 19:11:37 2008-09-09 19:11:37. You can use that example to help you understand what you might get for your diamond ring in particular. 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