Diamond Jewelry Consignment Sotheby's, your best and most reliable resource for selling your diamond rings, necklaces, bracelets and other jewelry, holds the current auction record for the highest price paid for any diamond or jewel.

The average price of a 1 carat diamond is currently $4,399 (see price chart below). 1 carat diamonds can cost anywhere from $1,340 - $10,516 depending on the diamond's shape, color, clarity, and other factors. To see specific details on diamond pricing by shape see our 1 carat diamond prices table below.

There are a variety of options. Some jewelry stores will buy jewelry, either for resale or for the value of the gemstones and gold or other metal. There are advantages to selling at a local jewelry store near you. At a local jewelry store, you can speak directly to those who will be purchasing your jewelry.

Wholesale diamonds are cheaper for a few reasons. First, they are sourced directly from diamond mines or cutting factories, which cuts out the middleman and allows the buyer to save on markup. Second, because they are sold in bulk, wholesalers can offer a discount on the per-carat price.