What to Do with My Old Diamonds?

Indeed, diamonds are forever. But styles and even preferences change over the years. And if you have diamonds lying in a jewelry box, the most common question you might be asking yourself is what to do with these diamonds. Instead of letting them collect dust, consider these valuable methods to sell or repurpose them for your benefit.

1. Reimagine Old Diamonds into New Jewelry

Old diamonds can be given a fresh start by reimagining them into new jewelry pieces. An antiquated engagement ring could be turned into a stylish pendant, or a custom bracelet could be made using the diamonds that were reset. There is no end to the possibilities. A skilled jeweler would be able to create a unique piece for you using your old diamonds that fits your style and preserves sentiment. 

2. Trade-In or Upgrade

If your diamond is certified and has no damages, you may choose to trade it in for a larger, higher quality diamond. Many jewelers offer diamond upgrade programs where you can exchange your old diamond for a new one. This is especially handy if you are looking to add to your jewelry without spending additional money on a new stone.

3. Diamond Sales

If you’re no longer attached to your diamond, selling it can be a great way to turn it into cash. Jewelry stores and online diamond buyers’ markets are a great option for selling. Places like eBay are great options for selling online. Auction houses also are a good option when trying to obtain value with high end diamonds. Have your diamond appraised beforehand to ensure you receive the best prospects. 

4. Down Sizing Family Attire

Consider downgrading some diamonds. Doing so will allow one to keep the piece of jewelry sought after, just in a more sensitive form. If inherited, it is of great use and helps in bonding. A diamond crossed through generations is emotionally priceless.

5. Make Use of It for Investment

Investing in diamonds, especially rare or high quality stones, can lead to an increase in returns over time. Rather than selling right away, you may benefit from holding your diamond as an asset. Collaborate with a gemologist to analyze how much value it can appreciate over time and when would be an optimal duration to sell or trade it. 

6. Construct A Unique Piece of Jewelry

Old diamonds can also be set creatively into pieces beyond just jewelry. Think about putting diamonds in: 

A watch bezel for a luxury upgrade.

A decorative brooch or hairpin.

Cufflinks or tie pins for a refined look. 

Conclusion

Old diamonds do not need to remain hidden treasures. They can be exchanged, redesigned, passed down, or sold. At Shiv Shambu, we focus on reshaping and reconfiguring your stones to suit your taste at any given moment. Get in touch with us to discuss how your diamonds can be transformed and get a new lease on life.