5 Things Pawnbrokers will Consider When Valuing Diamond Jewellery

If you are looking to raise some fast cash, you can consider taking out a loan against jewellery from any trusted pawnbrokers in London or any other big cities.
Diamond jewellery is mainly prized possessions that can brighten up our lives. While a diamond ring is an absolute joy to admire, it can also bring substantial financial benefits.
Diamonds typically are worth more than any other gemstones in most instances.

Thus, if you pawn a diamond ring or any diamond jewellery item, it is likely to command the highest amount of credit loan.
However, the factor that increases the value of a diamond is its rarity.
Today, let’s know about some of the most significant factors that any professional pawnbrokers in London or anywhere in the UK will typically consider to evaluate a diamond’s price.

➤ Carat

The weight of diamonds is measured in carats.
However, you might be interested to know that the term ‘carat’ comes from the word for a ‘Carob’ tree seed.
People used it once upon a time to measure weight.

• Nonetheless, one carat today equals to 200milligrams (0.007055 ounces).
• Each carat is further divided into 100 points. It means a 50-point diamond will weigh 0.5 of a carat. 
• However, the value of a diamond will increase as it becomes heavier in weight. 

But the heaviest diamond may not always be the most valuable. The cut, clarity and colour also play a significant role in assessing a diamond’s quality and value.

➤ Clarity

Clarity refers to the purity of a diamond. The GIA Clarity Scale consists of eleven clarity grades, starting from ‘Internally Flawless’ or IF to Included Level 3 (I3).
The ‘I3’ clarity is the lowest grade. However, experts grade it under 10x magnification, based on five main factors –
Nature, position, size, inclusions and blemishes’ colour.

• However, the clarity grade not only makes a diamond unique but also helps in separating the genuine ones from imitations.
• The greater the clarity of a diamond, more expensive and flawless it will be.

Thus, if you are looking to pawn a diamond ring of higher clarity, you are likely to receive a higher amount of credit loan against it.

➤ Colour

The GIA Color Scale grades the colour of a diamond from “Completely Colourless” or D to “Noticeable Colour” or Z.
A diamond with D colour grade is rarer. It enables more light to pass through, offering more sparkle.
However, the colour is graded based on the diamond’s body colour rather than its face colour.

➤ Cut

Whether you are planning to pawn a diamond ring or get a loan against any diamond jewellery, the diamond’s cut may bestow a significant impact on the item’s overall value.
The cut manifests the real magnificence of a diamond, rendering it incredible appeal.
Thus, perfectly-cut diamonds have a perfect proportion of brightness, fire, and scintillation that makes them more striking and valuable.
Overall, these 4Cs of a diamond is hugely significant. Each of them will positively or negatively influence the diamond’s value.

➤ Metal

When evaluating an accurate price of a diamond jewellery piece, other factors that professional pawnbrokers jewellery also consider include the metal.
They will assess the metal’s type like yellow/white gold, platinum, bi-metal or any other, purity and weight.
However, The Luxury Hut pawnbrokers London take into consideration all the above factors and determine the final value based on the metal’s price on the day of valuation.
Thus, professional jewellery pawnbrokers will evaluate the four Cs, along with other aspects of your diamond jewellery item and eventually, determine the final credit amount that they are willing to lend on it, based on the current market price.
Moreover, with trusted pawnbrokers in London like at The Luxury Hut, you can rest assured that you will secure the highest possible amount of cash loan against your jewellery.

➤ So, How to pawn my jewellery online?

Taking out a loan against jewellery online from The Luxury Hut London pawnbrokers is quick, secure and straightforward, be it is a diamond ring or any other precious jewellery piece.

• Fill up the online form, with all the details of your asset
• Receive a free valuation by phone or email
• Send your item for a final offer
• Accept the offer & get paid immediately.

However, you can redeem your jewellery at any time within the loan period without paying any early retrieval charges. Simply, pay off the original loan amount and the interest due.