Loans on oval cut diamonds
Our team has over 25 years of experience trading in diamonds and other precious gems and jewellery. We are available to assess the highest possible loans on oval-cut diamonds that we can secure for you in-store within the Beverly Hills and Los Angeles area, taking into account the weight, cut, origin and clarity of your diamond. Most diamonds are accompanied by a laboratory report which lists the attributes of the stone, which we also take into consideration. Such laboratory certificates as the HRD – Diamond High Council; GIA – Gemological Institute of America; and Gem Lab – Gubelin are regarded as the highest possible quality and will secure you a higher loan. If you would like to get in touch with us, all our services are appointment only, so be sure to book an appraisal by calling us on 323-899-0391 or contacting us via email on email [email protected], to arrange a visit to our Beverly Hills location.
Pawning or selling my oval cut diamonds in Beverly Hills & Los Angeles area
The appeal of an oval cut diamond lies in the illusion that its shape creates. The length of an oval cut stone is longer than that of a round cut diamond of the same carat weight, making it appear larger and more valuable. The surface area of an oval cut diamond is about 10% larger than a round cut diamond, and looks equally as precious and beautiful, despite its lower price. The elegant, elongated shape can make for a beautiful engagement ring, and an oval cut diamond can come in a variety of shapes and sizes that is not achievable with a round stone, which makes them appear more unique and personal.
In fact, the world record for the largest and most expensive diamond sold at auction is held by an oval cut diamond, selling at Sotheby’s in Hong Kong for more than $71 million. The extremely rare ‘Pink Star’ diamond is 59.6 carats and was mined in 1999 by De Beers in South Africa, taking two years to cut and polish into its current oval shape. Bidding started at $56 million, and after only 5 minutes, the diamond was sold to the conglomerate Chow Tai Fook Enterprises.