Online jewellery retailer Blue Nile has teamed up with e-commerce company Mondiamo to launch a service that enables consumers to sell their diamond jewellery for cash.

The partnership has commenced the trial of this process last June, and is claimed to have helped thousands of consumers to since then realise the true value of their diamond jewellery.

“Blue Nile has one of the largest inventories of GIA-graded diamonds in the world, which makes us the most reliable place to buy high-quality diamonds."

With a combination of customer-centric approach, pricing data analytics and digital technology, the new service by Mondiamo focuses on service, value and transparency.

Blue Nile chairman, chief executive officer and president Harvey Kanter said: “One of Blue Nile’s guiding principles is to provide transparency to consumers so they can make a diamond purchase that’s right for them, and this partnership with Mondiamo provides that transparency to those who wish to sell their diamond jewellery.

“Blue Nile has one of the largest inventories of GIA-graded diamonds in the world, which makes us the most reliable place to buy high-quality diamonds, and now with Mondiamo, to sell diamonds at tremendous values.”

Blue Nile’s live pricing data for GIA-graded diamonds is utilised by Mondiamo to precisely and transparently generate a guaranteed cash offer range for diamond jewellery.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Mondiamo then sends customers a free and fully-insured shipping kit to send their diamond jewellery to its evaluation centre for inspection and final offer value.

All transactions are claimed to have offered customers a higher cash payment than the minimum offer value, and the funds are transferred within one business day following Mondiamo’s receipt of the jewellery.

The firm currently offers this service in the US and Canada only, and has plans to expand the service worldwide.


Image: Blue Nile diamonds in different sizes and shapes. Photo: courtesy of Paul Gian via Wikipedia.