Paying top dollar

for your diamonds since 1980

Useful Tips to Selling Your Diamond to a Dealer

Posted on January 11th, 2018 by Joe G

Diamond buyers in Chicago can give you top dollar with added convenience. Read below to see why and how you should sell your diamonds to a dealer like Chicago Gold Gallery:

Make sure your expectations are within the reality of the secondary market value.

Just because you paid a certain price does not mean the item is going to be worth that price. Retail markups for diamonds are anywhere between 3 and 6 times higher than the real market values. Have a Reasonable mindset going into the selling process because if you go with unreasonable expectations will only leave you disappointed. The expert G.I.A. gemologists at Chicago Gold Gallery can and will actually educate you through the process.


The experts at Chicago Gold Gallery will define and evaluate the diamond as well as your setting. You can sell the diamond alone or together with the setting. It is not recommended you separate your diamond from its setting on your own. Talk to trusted diamond buyers in Chicago about what your best option might be.

Sell Your Diomands to an Honest Dealer Like Chicago Gold Gallery

Our experts can Make the Process Easy. Bringing it to an honest dealer like Chicago Gold Gallery can make the process easy for you. Work with a diamond buyer in Chicago like Chicago Gold Gallery that is knowledgeable about the industry, helpful, and passionate about diamonds and precious metals. If you have any questions about your diamond’s worth, contact Chicago Gold Gallery today.

← Back

Customer Testimonial

Had a Great Experience

I have dealt in coins and metals since the 80s. Had dealings with many dealers. Got scammed by a few. Chicago Gold is the only one I would recommend to my family or friends. Have your valuables appraised by them before you sell.

Date: 05/12/2022 • 5 / 5 stars ★★★★★

Awesome place!

What a super knowledgeable gemologist. After all that experience also they are soooo willing to help and answer all the questions I had. Excellent experience. They went above and beyond for me. Highly recommended. Super trustworthy.

Date: 01/20/2022 • 5 / 5 stars ★★★★★

I'll be back

Cashed in some silver coins and received a very fair exchange. Joe and Chris, were very friendly, and comfortable to deal with. Came back with some jewelry, and received a rough appraisal...again no pressure.

Date: 11/15/2021 • 5 / 5 stars ★★★★★

I would do business with them again

I found the Chicago Gold Gallery to be a very honest and reputable shop. I would highly recommend this store to anyone buying and selling their possessions.

Date: 05/01/2021 • 5 / 5 stars ★★★★★

How to Reach Us?

Get Directions

Contact Us

Get the most for your valuables.

1236 W. Devon Avenue
Chicago, IL 60660

Phone: 773-338-7787 Email:

Hours: Mon- Fri: 10:15am-6pm, & Sat: 10:15am-5:00pm

Especially Wanted

  • Gold & Silver Coins
  • Bullion Gold, Silver, & Platinum
  • Scrap & Old Gold
  • Sterling Silverware
  • Dental Gold
  • Coins & Coin Collections
  • Franklin Mint
  • Collectibles
  • Rare Coins
  • Antique & Modern Jewelry
  • Diamonds
  • Watches - Rolex, Patek Philippe
  • Broken Jewelry
  • Tiffany & Company - Cartier
  • Vintage & Modern Guitars