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Mon-Sat: 10am-6pm
Sun: STORE CLOSED
Continental Centre
2187-3779 Sexsmith Road
Richmond BC Canada
DIAMONDS
BUY | SELL | LOAN
Diamond Collateral Loans in Richmond – Fast and Secure Payouts
At Richmond Luxury & Loan, we specialize in providing diamond collateral loans for those who need immediate cash while keeping ownership of their diamonds. Whether you have a diamond ring, bracelet, or necklace, you can use it as collateral for a loan with us. We also offer services for those looking to buy or sell diamonds. Our expert team provides free evaluations, and our process is quick, secure, and confidential.
How we work:
- Bring Us Your Diamond
Our expert team will evaluate your diamond on the spot while you wait. We carefully inspect every aspect to ensure we get the most accurate grading for your diamond. This evaluation process can take as little as a few minutes. - Receive a Free Quote
After the evaluation, we’ll provide a free, no-obligation quote. You can choose to sell your diamond or use it as collateral for a loan. If you opt for the loan, your diamond will be safely stored and insured until the loan is paid off. We never show collateral to potential buyers during the loan period. - Decide and Get Paid
Whether you decide to sell your diamond or proceed with a loan, we offer same-day payouts in cash or cheque. There’s no pressure, and we encourage you to compare quotes with other buyers to ensure you’re getting the highest payout.
Why Choose Richmond Luxury & Loan for Diamond Collateral Loans?
- Expert Evaluation: Our team has over two decades of experience in diamond grading, ensuring accurate and professional appraisals.
- Same-Day Payouts: Receive immediate cash or cheque payouts, whether selling or taking a loan on your diamond.
- Secure and Confidential: All diamond collateral loans are confidential, and your items are safely stored and fully insured while in our possession.
- Flexible Loan Terms: We offer flexible loan terms, giving you the option to extend your loan if needed.
We Also Buy and Sell Diamonds
In addition to our collateral loan services, we also offer to buy diamonds outright or help you purchase pre-owned diamond jewellery. Our goal is to provide competitive prices for both buying and selling, ensuring you get the best value.
Diamond Jewellery We Work With
We accept and work with all kinds of diamond jewellery and loose diamonds. Whether you’re looking to buy, sell or collateral loan a diamond ring, bracelet, necklace or fine jewellery, we are happy to provide a thorough evaluation and competitive offer.
Contact Us for a Free Evaluation
If you’re interested in getting a loan or selling your diamond, visit Richmond Luxury & Loan today for a free, no-obligation evaluation. Our friendly team is here to assist you and provide fast and confidential service. Contact Us Today.
THE 4 C's OF DIAMONDS
Cut, Colour, Clarity and Carat
CUT
The cut generally has the most influence over how your diamond appears and is considered to be the most important characteristic when judging the value of your diamond. It is what gives your diamond that sparkle which everyone loves. The perfect cut reflects the light from the top of the diamond, while less perfect cuts such as too deep or too shallow will redirect the light to the side or the bottom respectively.
The descriptions below outline the 5 diamond cut grades:
| GRADE | DESCRIPTION |
|---|---|
| Ideal | Very rare. Reflects almost all light which comes through the top of the diamond. |
| Very Good | Reflects just slightly less light than the ideal, but still a very good diamond. |
| Good | Most of the light reflected but down in price from the Ideal and Very Good cuts. |
| Fair | Some of the light is lost in this cut and generally priced quite a bit lower. |
| Poor | Much of the light is lost. Generally does not reflect a lot due to poor cut. |
COLOUR
The second most important characteristic when grading a diamond refers to a diamond’s lack of colour. The less colour a diamond has the higher is its value. The highest possible colour grade of a diamond is “D” while “Z” is the lowest. Most of today’s jewellery is made of diamonds which are somewhere between I and E in colour.
CLARITY
Most of the world’s naturally occurring diamonds have tiny imperfections which show up inside the diamond as little specs and inclusions. These markings is what affects the diamonds clarity as well as its price. Diamonds which have the least of these imperfections tend to get the highest grades and virtually have no impact on how the diamond looks or sparkles.
CARAT
The final aspect of the diamond’s value is its carat. Generally the larger the carat the higher priced a diamond will be and the price rises significantly with diamonds which are above 1 carat.
The carat is a measure of weight and by itself doesn’t always accurately represent the diamond’s size. Since we generally tend to view the diamond from the top down (in a ring for example), we tend not to take into account its depth, or otherwise known as the cut. In determining the diamond size, two key aspects should be taken into consideration:
– Distance across the top of the diamond.
– Cut of the diamond.
Some diamonds may have a deep cut, which will take up more weight in the base of the diamond and therefore have a smaller top and less sparkle. Carat and cut go hand in hand in determining how big your diamond will actually appear and the most ideal combination is with an ideal cut.
APPRAISALS AND CERTIFICATION
The importance of a reputable diamond certificate
Diamond Certification: Also sometimes referred to as a diamond grading report or diamond quality document, is a report created by certified gemologists outlining all aspects of your diamond. When your diamond has a certification – it shows a trained gemologist had carefully inspected your diamond for the most important characteristics. Not all appraisals and certifications are created equal. Some can significantly increase the value of your diamond, while others almost make no impact.
The best and most respected gemological appraisal laboratories today are:
Gemological Institute of America – (GIA): GIA laboratories set the standard for diamond grading today and provide with most respected and highest valued appraisals. Generally if your diamond has a GIA certification, we provide the highest payout for this type of certification. For more information visit: http://www.gia.edu/.
American Gem Society (AGS): Grade on almost an identical system as GIA. For more information please visit: http://www.americangemsociety.org/.
European Gemological Laboratory (EGL): Another common type of appraisal seen with today’s diamonds, the EGL certification provides high grade appraisals for your diamonds, however is viewed as just slightly less accurate then the GIA certification. For more information please visit: http://www.eglusa.com/.