Sell Diamonds in Chicago with Confidence

Looking to sell diamonds in Chicago? Whether you’re selling an old engagement ring, a loose diamond, or a daily heirloom, Chicago Gold Gallery offers a secure, expert-led process that ensures you receive top dollar for your valuables.

As a trusted, family-owned business since 1980, we’ve helped thousands of clients sell diamonds with confidence. Our GIA-trained diamond buyers combine precision, professionalism, and fairness, making us a worthy destination for anyone searching for diamond buyers in Chicago.

Diamonds We Buy at Chicago Gold Gallery

At Chicago Gold Gallery, we purchase a wide variety of diamonds, from loose diamonds to fully mounted jewelry. Count on our staff for accurate appraisals and competitive offers, no matter the grade, cut, or setting of the diamond you’re selling.

We buy:

• Loose diamonds of all sizes and grades
• Diamond engagement rings and wedding sets
• Vintage and estate diamond jewelry
• Modern and antique diamond cuts

Our team has experience appraising and purchasing all major diamond shapes and cuts, including:

• Round Brilliant
• Princess
• Emerald
• Cushion
• Oval
• Radiant
• Marquise
• Pear
• Asscher
• European Cut
• Old Mine Cut
• Single Cut

If you’re not sure what kind of diamond you have, we’ll identify and appraise it for you. We want you to know what you have, and we will never pressure you to sell.

How We Evaluate Diamonds

Our process is based on the GIA’s internationally recognized grading system. Each diamond is evaluated for its cut, color, clarity, and carat weight (the “4 Cs”) as well as key proportions and symmetry, all of which influence its market value. We explore each of the “4 Cs” in more detail below.

Color Grading

Diamonds are color-graded from D (colorless) to Z (noticeable yellow or brown tones). Most jewelry-grade diamonds fall between F and J, where subtle variations can significantly affect price. Color is assessed under specialized lighting using calibrated master stones.

Clarity Grading

Using magnification, we examine each diamond for inclusions (internal flaws) and blemishes (external marks). Clarity is graded on the following GIA scale:

• Flawless (FL)
• Internally Flawless (IF)
• Very Very Slightly Included (VVS1, VVS2)
• Very Slightly Included (VS1, VS2)
• Slightly Included (SI1, SI2)
• Included (I1, I2, I3)

Even small inclusions can affect value, and our expert team will explain where your diamond falls on this scale.

Cut, Symmetry & Proportions

A diamond’s cut quality determines how well it reflects light, directly impacting its brilliance, fire, and overall value. This goes beyond just shape; it’s about the craftsmanship behind how the diamond was faceted.

When evaluating a diamond’s cut, we assess several interrelated factors:

• Cut Grade: Rated as Excellent, Very Good, Good, Fair, or Poor, based on how well the diamond’s proportions optimize light performance.
• Polish and Symmetry: These describe the precision and alignment of each facet, which can affect how evenly light travels through the stone.
• Proportions: Including depth, table size, girdle thickness, and culet size, all of which influence light return and sparkle.

For antique diamonds like Old European and Mine Cuts, we also apply historical standards that reflect the cutting styles and technologies of their time.

Carat Weight

Diamonds are weighed on precision digital scales. We specialize in diamonds 1 carat and larger, but we’re also happy to evaluate and purchase smaller stones, mounted or loose.

Why Choose Chicago Gold Gallery as Your Chicago Diamond Buyer?

With over 44 years in business, Chicago Gold Gallery is one of the most established and trusted diamond buyers in Chicago. As a family-owned company, we’ve built a reputation on honesty, accuracy, and transparency.

When you sell your diamond to us, you’ll benefit from:

• GIA-trained diamond appraisers with decades of experience
• Honest, pressure-free evaluations
• Instant offers and immediate payment
• State-of-the-art testing equipment
• Trusted expertise in modern and antique diamonds

We’re also a leading buyer of gold, coins, watches, guitars, and more, making us your one-stop destination when it’s time to part with valuable items.

Visit Chicago’s Premier Diamond Buyer

Are you ready to get the most for your valuables? Chicago Gold Gallery offers the experience and professionalism you want from a diamond buyer. Stop by today for a free, no-obligation evaluation and see why we’re consistently rated among the best diamond buyers Chicago has to offer.