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> I feel like if you took and old diamond ring, reset it and refinished it, there would be no way to tell that it was "used". Maybe resetting it will introduce
by 55555 5y ago
> I feel like if you took and old diamond ring, reset it and refinished it, there would be no way to tell that it was "used". Maybe resetting it will introduce some flaws that weren't there before.
Can anyone who works in the diamond industry respond to this? Can anyone tell if a diamond has been made into a ring before? Would it damage the diamond to remove it from the ring? This sounds like an opportunity to plaster signs that say "WE BUY DIAMOND RINGS" all over and buy them back from consumers at a discount from wholesale.
- faet 5y agoNot in the diamond industry. But, most diamonds are etched with a serial number. GIA etches a report number you can look up online for instance. Similar to a VIN you could probably google it and see if it's been listed/sold elsewhere. Unlikely though as the turn around on diamonds is very low. The easiest way is to determine through the setting. Styles change. If it's a setting from the 50s that isn't made anymore it's probably old. If it's a setting from a company that is < 10 years old it's got a better chance of being new. Diamonds are not damaged when swapping settings. They are often removed and reset if a prong breaks for instance. Most people just don't want to buy from estate sales or auction. So, jewelry stores will do that, clean it up, put it in a new setting (or leave it as is), and resell it as 'new'.