Connect with us

Headlines

Blue Nile Partners with Diamond Buy-Back Company

mm

Published

on

The service will be “disruptive,” the firms say.

Online jeweler Blue Nile has partnered with Mondiamo to introduce “a disruptive service that enables consumers to sell their diamond jewelry for cash through a simple and transparent process.”

Mondiamo is using Blue Nile’s live pricing data for GIA-graded diamonds to create a guaranteed cash offer ranges for the jewelry, according to a press release.

Mondiamo then sends customers a fully insured shipping kit to send the jewelry to its evaluation center for inspection and final offer value.

The collaboration test-launched in June 2016. Mondiamo’s service is currently available in the U.S. and Canada. Plans call for global expansion.

“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 jewelry,” said Harvey Kanter, Blue Nile’s chairman, CEO and president. “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.

Read more at Yahoo Finance

Advertisement

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials

If It’s Time to Consolidate, It’s Time to Call Wilkerson

When Tom Moses decided to close one of the two Moses Jewelers stores in western Pennsylvania, it was time to call in the experts. After reviewing two candidates, Moses, a co-owner of the 72 year-old business, decided to go with Wilkerson. The sale went better than expected. Concerned about running it during the pandemic, Moses says it might have helped the sale. “People wanted to get out, so there was pent-up demand,” he says. “Folks were not traveling so there was disposable income, and we don’t recall a single client commenting to us, feeling uncomfortable. It was busy in here!” And perhaps most importantly, Wilkerson was easy to deal with, he says, and Susan, their personal Wilkerson consultant, was knowledgeable, organized and “really good.” Now, the company can focus on their remaining location — without the hassle of carrying over merchandise that either wouldn’t fit or hadn’t sold. “The decision to hire Wilkerson was a good one,” says Moses.

Promoted Headlines

Most Popular