Sell Recycled Diamonds

Whether you are a member of the public, a manufacturer with unused inventory, a jewelry retailer who has excess stock, or a pawnbroker, precious metal dealer or refiner that has accrued diamonds, you will want to realise the true value of your assets at the best possible price. Here lies the problem. Finding a reliable, responsible and principled company to deal when you sell recycled diamonds with might appear to be nigh-on impossible.

Well almost. White Pine Trading has been operating in the US for over four years and is providing just this proposition to the trade. The company today, quite reasonably, considers itself to be the king of the recycled diamonds sector. Even the lowest quality stones are capable of being re-cut and repackaged back into the jewelry sector; recycling diamonds allows the flow of secondhand diamonds back into meaningful jewelry production. This in turn gives a strong ethical rationale by reducing the burden on mining activities and thus lessening environmental impacts, something which White Pine, in common with a growing number of jewelers and consumers, takes very seriously.

It is estimated that over 5.5 million carats of diamond has been extracted from the ground since mining for the mineral first began. Due to the inherent hardness and durability of diamonds, much of this volume is still in circulation throughout the world. However, the recycled diamond business currently represents less than five per cent of the total diamond industry sales – a situation that White Pine aims to redress.

White Pine’s mantra is “We Value Every Diamond”. This means that it will take the time, through its dedicated teams, to value a collection of low quality melee stones with as much care and consideration as, at the other end of the scale, 1+ carat high value items. There are plenty of businesses set up to buy the larger stone sizes, but very few prepared to buy stones of all sizes, grades and conditions. And even fewer who have the diamond expertise and knowledge to give confidence to consumers that they are being given the right price for their diamonds.

In the other meaning of the word value, the company has access to a huge upstream sales contact network and constantly revises its prices to reflect the market. In some senses it helps set the market rate, constantly monitoring price movements and adjusting its buying prices accordingly.