Diamond Buying

Diamond Buying in Evanston

Customers looking for beautiful diamond jewelry in Evanston need look no further than Windy City Jewelry & Loan. Much more than a pawn shop, we have a rotating selection of fine jewelry and stunning stones. If you’re serious about buying a quality diamond, you should know a little bit about what to look for. This is a quick overview of some things to think about when buying diamonds.

Buy Diamond Jewelry in Evanston

Diamond Appraisal & Valuation

Windy City Jewelry & Loan has a team of trained diamond appraisers to value the precious stones bought and sold in our store. When it comes to diamond prices, the important factors are cut, color, clarity and carat weight. The cut of a diamond affects the stone’s beauty.

A diamond’s shape, proportion, finish and angle all determine how light interacts with the stone, which is the quality that makes a diamond sparkle. The color rating of a diamond is generally considered the second most important aspect of a diamond, because it’s the second thing the human eye notices about a diamond after its sparkle. The less color a diamond has, the better the grade. Ideally, a diamond will be colorless or near-colorless to the naked eye. Clarity refers to the tiny imperfections found in nearly all diamonds. Fewer and smaller imperfections lead to a higher clarity grade. Finally, the carat weight of a diamond refers of course to the stone’s weight, which doesn’t necessarily correlate to its size.

Our diamond appraisers rate all of these characteristics to ensure that we buy and sell quality diamonds in Evanston. The team has experience with diamonds set in jewelry, such as engagement rings and diamond earrings, as well as loose diamonds. Whatever diamonds you need appraised, Windy City Jewelry & Loan can help.

Buying Retail Diamonds vs. Buying Pawn Diamonds

Many people’s first instinct when buying diamonds is to shop retail. While that can be an easy option, it’s not likely to be the cheapest. If money is a concern, or if you’re intent on getting the most bang for your buck, buying resale diamonds is almost certainly your best bet. The reason for this is the high markups on retail diamonds.

If you buy diamonds from a major retail jewelry store, you’ll find prices marked up anywhere from one to three times the original cost. That means you’ll probably pay a markup of at least a 100% for a retail diamond. That also means that even when a store offers a big 50% off sale, it’s not really a sale; they’ve just slightly reduced their high markup.

At Windy City Jewelry & Loan, we don’t deal in overly marked up diamond jewelry & loose diamonds. Our diamond selection is constantly changing, and with new stones always coming in, those we sell are priced to move. While your search may be a bit more involved due to rotating inventory, the reward will be greater. You’ll find deals here that you won’t find anywhere else. If you want low-priced diamond jewelry in Evanston, you need to visit Windy City Jewelry & Loan.

Why Pawn Your Diamonds?

If you need cash fast for your diamonds, you don’t necessarily need to sell them. Pawning your diamonds is a great option if you’re not ready to permanently part ways. When you pawn, you’ll get a cash loan and put up your diamonds as collateral. Our lenders will work with you on agreeable terms, and as soon as you repay your loan you’ll get your diamonds back. It’s an easy, sensible way to get money when you need it in Evanston. If you want to learn more about getting a pawn loan for your diamonds, be sure to visit our Loans page.

Whether you want to buy or sell loose diamonds, a diamond necklace or earrings, or an engagement ring, Windy City Jewelry & Loan can offer you some of the best prices in Evanston. Call us at 847-957-3956 or visit our store today to learn more!