Cash for Gold USA now offers cash for diamonds

Hot off its success buying up everyone's unused gold, one of Americas most recognized gold buyers, Cash for Gold USA, is now ready to buy your diamonds. The new company, Cash for Diamonds USA, aims to offer you top dollar for your precious stones, and will even pay you for the gold setting if you're sending in a wedding band or other piece of fine jewelry.

Cash for Diamonds USA operates in a manner similar to it's gold buying counterpart, including the use of a free appraisal kit to send your diamonds in. All shipments to Cash for Diamonds USA are shipped via Fed Ex and packages are insured up for $1,000.

Unlike the gold testing process, which relies on numerous tests to value your gold, Cash for Diamonds USA makes use of GIA certified appraisers who are specially trained to value diamonds. These are the same experts that many jewelry stores rely on to assess the quality and value of their diamonds.

Even though Cash for Diamonds USA offers a decent insurance value, quick turnaround and expert appraisers, it may not be the best time to sell your precious diamonds. Unlike gold the price of diamonds has fallen which means unless you absolutely need the cash, you might be better off holding on to that old engagement ring for another year.