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It depends on the quality and size of the diamonds and the grade of the metal, but usually it is a fraction of what you probably paid, for example a pair of earrings that retails for $3,300.00 may get you a loan of $250.00 at a pawn shop.

They will usually pay you 10% of the spot gold market price for the day, reduced by the grade of the gold. As well, it will depend on the quality and size of the diamonds.

Check your local free classifieds to see if anything like your jewelry is for sale.

Sometimes if the item is what the pawn shop wants at that time, they are willing to pay you a little more. They may have a buyer who is looking for that particular item, so they will pay you more for it.

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12y ago
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15y ago

Pawn Shops typically have a code above the price indicating the purchase price (ie. ABB =$122) so the sales person can know negociating space. The difficult thing is knowing the codes for each store chain.

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13y ago

The only easy answer is: less than you paid for it.

The value of the necklace is based on the metal and the diamond stones, and in this case how much the pawn shop is willing to loan you based on its value.

Before you approach a pawn shop, you are best advised to take the necklace to a jeweler and ask the jeweler how much you would pay for a new one. Then, at least, you have an idea of a starting point.

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13y ago

all depends on the weight and quality of the stone

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12y ago

Depends on the quality and size of the diamonds

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Q: How much will a pawn shop pay for a diamond necklace?
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