Pricing
Diamond Bar uses state of the art technology to give the most fair, most transparent, and up to date price to buy, sell or upgrade loose diamonds.
Using the revolutionary diamond pricing tool all in stock and in the vault loose diamonds over 0.49cts that qualify have live pricing.
Diamonds that qualify for live pricing must have a minimum of 10 comparable diamonds listed from dealers globally that match exactly from a GIA grading report the shape, carat, color, clarity, and cut.
When a loose diamond comes into our inventory, we always give it a tagged price if the diamond does not qualify, we always go with the tagged price of that diamond.
How do we establish the price?
Diamond Bar establishes the Live Dealer price of the diamond by searching the GIA grading information on our diamond then paring it for exact matches using our live database of over 1.5 million currently listed diamond from diamond wholesalers and bourses around the world. This gives us the ability to get the number of diamonds that match and average total price and price per carat of the diamond. If a diamond is very close in carat range, we can use the price per carat and AI to figure out the live price of that diamond.
3 Tiers of Pricing
Buy Price – This is what the customer pays for a diamond, this includes our mark up.
Live Dealer Price/ Trade in Price – This is the average price we would pay a diamond dealer to buy a similar diamond if we needed it for our stock. This is also the price we will give 100% store credit to a customer looking to trade or upgrade for any other piece in our store regardless of where the diamond was originally purchased.
Sell Price Range – This is the price range we would be able to sell a similar diamond back to a diamond dealer for if we needed to immediately liquidate that diamond. This is also the amount we will pay for that diamond regardless of where is was originally purchased.
