WP Diamonds Review
WP Diamonds is one of the most reputable online brokers that you can use if you are looking for a place to sell your diamonds. You can sell both loose diamonds and diamond jewelry to the company, as well as other luxury goods such as watches and handbags. The company will also provide free, tracked, and insured shipping for you to ship your items to them. If you are dissatisfied with the final offer from WP Diamonds, you can also reject it and the company will mail your items back to you for free.
Pros
- Free, fully insured shipping
- Get an estimate on the value of your items using the online price quote system
- No commissions or fees when selling to the company
- Payment is typically processed in under 24 hours after you accept the final offer
Cons
- Payments via check may take longer to arrive
- You generally cannot sell diamonds that are smaller than 0.5 carats
Best Places to Sell Gold and Jewelry
Cash for Gold USA
Cash for Gold USA will buy gold of any karat from 8k to 24k, and in any form, even scrap
Quick processing time for quotes – within 24 hours once gold is received
Free FedEx shipping label insured up to $5000 for you to send your gold
Express Gold Cash
Sell any jewelry – bracelets, rings, necklaces, watches, earrings, coins, platinum
Free, overnight shipping for your items with insurance for up to $5,000
Accept the offer, and receive your payment within 24 hours or get a free return
Cash for Diamonds
Get a free appraisal kit by filling out the form – send diamonds with free, tracked shipping
Payments are typically processed within 24 hours after you accept offer
If you don’t like the offer – Diamonds will be returned free of charge
How Does WP Diamonds Work?
WP Diamonds is an international luxury goods dealer that specializes in online trading. The company buys diamonds, jewelry, and other luxury goods, which it then resells.
If you own luxury goods you no longer use, you can consider selling them to WP Diamonds to earn some quick cash.
How to Sell Your Diamonds to WP Diamonds?
Here are some steps that you can follow to sell your diamonds to WP Diamonds:
Step 1: Provide Information About Your Diamonds
You will need to start by providing some information about your diamonds to WP Diamonds. You need to provide as much accurate information as possible as this will enable the company’s experts to provide you with an accurate initial quote.
If you want to sell loose diamonds or diamond jewelry, you will need to provide additional information about what you are selling.
For loose diamonds, some of the details you will need to provide include:
- The type of jewelry (such as bracelet or necklace)
- Brand
- Length
- Type of metal
- The shape of the largest diamond
- Carat weight of the diamonds
- Color and clarity of the diamonds
For loose diamonds, some of the details you will need to provide inlcude:
- The shape of the diamonds
- Color and clarity of the diamonds
- Carat weight of the diamonds
- Any diamond grading reports and appraisals that you might have
Step 2: Review the Company’s Initial Quote
Once you provide as much information about your diamond jewelry and diamonds as possible, an expert from WP Diamonds will then review your submission.
Based on the contact information that you provide, the company will provide you with an initial quote for your diamonds over the phone or via email.
Step 3: Arrange for Shipping or an Appointment
If you are satisfied with WP Diamonds’ initial quote, you can proceed to arrange for shipping. Shipping is free and fully insured, so you do not need to worry about your diamonds or jewelry getting lost in transit. Alternatively, you can schedule an in-person appointment at one of WP Diamonds’ offices.
The company has offices in:
- New York City
- London
- Hong Kong
- Tokyo
If you opt to schedule an in-person appointment, you will need to bring your diamonds and diamond jewelry along for a physical appraisal.
Step 4: Review the Company’s Final Offer
After your diamonds or jewelry arrives at the WP Diamonds office, an expert will evaluate them and provide you with a final offer. If you opted for an in-person appointment, an expert will conduct this evaluation and make you an offer on the spot.
You can then decide whether to accept the company’s final offer. If you accept the offer, they will pay you via a wire transfer or check.
What Can You Sell to WP Diamonds?
WP Diamonds will buy almost all forms of diamond jewelry and loose diamonds.
However, the company will not buy your diamonds if they are:
- Less than 0.5 carats (unless you have multiple such diamonds in an eternity band or similar)
- Colored diamonds that are less than 0.3 carats
- Lab-grown diamonds
- Rough diamonds
How Much Do You Get When You Sell to WP Diamonds?
When you sell your diamonds and other luxury goods to WP Diamonds, how much you get will depend on many factors. Nonetheless, you can generally expect to get a better offer from WP Diamonds compared to other online gold buyers or pawnbrokers.
Some of the factors that can affect how much you get when you sell to WP Diamonds are:
- Quality of your diamonds
- Condition of your luxury goods
- Market demand
Generally, the market value of luxury goods is relatively consistent, and it may not be possible to get more money for your luxury goods and diamonds than they are worth. However, you can get a more accurate estimate of their value from the online price quote feature by providing accurate information.
WP Diamonds Payout Terms and Options
When you sell to WP Diamonds, you can choose to receive payment either via check or wire transfer to your bank account. In most cases, the company will process the payment within one day after you accept their final offer. You will thus receive the money in your bank account within a few days if you opt for a wire transfer.
However, if you opt for a check, it may take up to one week for it to arrive at your address via mail. Checks may also take between two to three business days to process, depending on your bank. Nonetheless, there are typically no fees associated with check payments.
If you choose to get paid via wire transfer, there may be additional fees that you need to pay depending on your bank.
Is WP Diamonds Legitimate?
| Review Website | WP Diamonds Review |
|---|---|
| Trustpilot | 4.8 out of 5 stars |
| 4.5 out of 5 stars | |
| Better Business Bureau | A+ |
WP Diamonds is a legitimate online luxury goods dealer and jeweler. The Better Business Bureau accredits the company and has an A+ rating. In addition, WP Diamonds also has over 1000 positive reviews from users who have sold their luxury goods and diamonds to the company before.
Many of the company’s positive reviews praise it for providing a quick and easy way to sell diamonds and other luxury goods. Reviewers were also generally satisfied with the high levels of customer service they received.
While there were some negative reviews, these were in the minority and were mostly from people who did not get the offer they expected.
How Much Does it Cost to Use WP Diamonds?
WP Diamonds is free to use. The company does not charge commissions or fees when it buys your diamonds and luxury products. Thus, the final offer you receive from the company is the actual amount of money you will get when you sell to WP Diamonds.
What Features Do WP Diamonds Offer?
Strong Prices
Compared to other online jewelry brokers and luxury goods dealers, WP Diamonds offers some of the best prices.
Many other brokers and dealers act as middlemen, helping resellers purchase supplies. In contrast, WP Diamonds buys and resells your products independently. By doing so, they can cut out the middleman costs and offer you a better price for your diamonds and luxury products.
Price Quote System
Another unique feature of WP Diamonds is its online price quote system.
Compared to other brokers and online dealers, WP Diamonds has one of the most comprehensive price quote systems. It gathers the most details from you about your luxury items and diamonds, enabling you to get an accurate idea of the value of your items and avoid disappointment in the future.
No-Obligation Offers
When you get an offer from WP Diamonds, there is also no obligation for you to accept it. If you are not satisfied with the offer, the company will mail your items back to you at no additional cost.
International Presence
WP Diamonds also has offices worldwide, enabling you to sell your diamonds and luxury goods at any location that is convenient for you.
Professional Expertise
WP Diamonds engages over 15 specialists and authenticators. They help to ensure that you get the best market value for your luxury goods and diamonds.
WP Diamonds Pros & Cons
WP Diamonds Pros
- Free, fully insured shipping
- Get an estimate on the value of your items using the online price quote system
- No commissions or fees when selling to the company
- Payment is typically processed in under 24 hours after you accept the final offer
WP Diamonds Cons
- Payments via check may take longer to arrive
- You generally cannot sell diamonds that are smaller than 0.5 carats
Should You Sell Your Diamonds to WP Diamonds?
WP Diamonds is one of the most reputable online brokers that you can use if you are looking for a place to sell your diamonds. You can sell both loose diamonds and diamond jewelry to the company, as well as other luxury goods such as watches and handbags.
Moreover, there are no fees or commissions when you sell to WP Diamonds. When you get a final offer from the company, you can rest assured that that is the amount that you will earn. The company will also provide free, tracked, and insured shipping for you to ship your items to them.
If you are dissatisfied with the final offer from WP Diamonds, you can also reject it and the company will mail your items back to you for free.
WP Diamonds FAQ
What is WP Diamonds?
WP Diamonds is a reputable online diamond and luxury goods dealer with physical offices in four countries. The company has been around since 2012 and was founded to allow people to sell their high-end products at fair prices.
To date, the company has purchased over 123,000 items from over 41,000 satisfied customers.
What days are WP Diamonds open?
The opening hours and times vary between the different WP Diamonds offices in different cities. You can check the latest information about opening hours and times for each WP Diamonds office on the company’s website.
If you intend to bring your items to a WP Diamonds location to sell them, it may be best for you to make an appointment in advance.
Can you sell a diamond with an online quote?
Yes, you can sell a diamond with an online quote. WP Diamonds has one of the most comprehensive online price quote systems in the industry. Thus, you can use this system to estimate the value of your diamonds before you decide whether to sell them.
