WP Diamonds Launches ‘Instant Offers’ to Buy GIA Certified Diamonds

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WPDiamonds.com (WP), a leading online purchaser of diamond jewelry and loose diamonds directly from the public, today announced the launch of “Instant Offers,” an innovative way to evaluate and provide quotes for diamond jewelry online. Under this new program, all customers with diamonds certified by the Gemological Institute of America (GIA) will receive exact quotes for their jewelry online.

Traditionally, when customers would like to sell a diamond ring or sell loose diamonds online, they are presented with an initial price range with an upper and lower estimate from the purchaser for their jewelry, which is then subject to a subsequent in-person inspection. This two-step process is due to the variability of grading information available from different laboratories.
By utilizing GIA grading reports, WP’s “Instant Offers” gives consumers a smooth and certain outcome. Unlike traditional online purchasers, WP customers looking to sell GIA certified diamond jewelry online will receive an exact quote for their jewelry prior to sending it to WP’s valuation center. Through “Instant Offers,” WPDiamonds.com will provide its customers a fixed price based solely on GIA grading information, reflecting GIA’s world-class, industry leading diamond grading standards. All diamond jewelry found to be in excellent condition, and that is as described in the GIA certificate, will receive the specified amount.

WP Diamonds’ purchasing capability is driven by a diamond grading team with over 55 years accumulated experience. Its diamond graders receive formal GIA training when they join the organization.

About WP Diamonds:
WP Diamonds is a leading purchaser of diamond jewelry and loose diamonds directly from the public. The Company has operations in the United States, Europe and Asia, and it purchases diamond items of all sizes and qualities. WP Diamonds is part of White Pine Trading LLC, a well-established recycled diamond company, which buys recycled, polished diamonds either loose or in second-hand diamond jewelry, from the very smallest melee to one carat and above. White Pine re-manufactures chipped, damaged and poorly cut diamonds, in order to homogenize appearance. It uses a significant proportion of its diamonds in jewelry, and resells the remainder, which is distributed primarily in the US and Asia to a network of industry participants, including retailers, jewelry manufacturers, diamond manufacturers, and dealers. White Pine follows the Kimberley Process and the DTC Best Practices Principles. It is a proud member of the Jewelers Board of Trade, the Jewelers Vigilance Committee and the National Pawnbrokers Association.

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Matthew How
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