Press Releases

GN Diamond’s Exclusive Buying Program

This program allows retailers to swap older diamonds from their safe with faster-selling ones, boosting profitability and turnover.

Published

1 year ago

June 24, 2024

Press Releases

(PRESS RELEASE) A common question has been raised numerous times over the past few months regarding GN Diamond’s buying program. GN is proud to offer a few buying options for natural, loose diamonds certified and non-certified for .50 twt and up in all shapes.

The first option is that GN will buy your unwanted diamonds and

send you a check.
We will trade them in for diamonds you actually need in your inventory.
We can deduct the purchase from any open invoice with GN.

With this program, retailers can exchange an older diamond that has been sitting in the safe and replace it with a fast seller to ensure greater profitability and turnover. In addition, the diamonds that may be replaced will have a light performance score to help jewelers explain why one diamond outshines another. This third party evaluation score helps jewelers close more sales and reduces competition.

Many retailers have experienced much success and have commented that this is a great way to freshen their inventory and create more sales. Buying off the street, but don’t have the cash flow to buy a diamond outright? Call GN and we will evaluate the situation and partner with you on the money needed to buy the diamond. Simply call GN at 800-724-8810 and ask for sales or email us at [email protected]. We can help.

Closing With Confidence: How Bailey's Fine Jewelry Achieved Outstanding Results With Wilkerson

When Trey Bailey, President and CEO of Bailey's Fine Jewelry, decided to close the Crabtree location in Raleigh, North Carolina after 15 years, he knew the decision needed to be handled with intention and professionalism. The goal was clear: exit the location while maintaining financial strength and honoring the store's legacy. Having worked with Wilkerson successfully in the past, Bailey understood the value of their comprehensive approach. "They understood both the emotional and financial sides of the store closing sale," Trey explains. "Their reputation for professionalism, results and care made it a very easy decision." The results exceeded expectations. Wilkerson helped Bailey's sell through significant inventory while maintaining the dignity of the closing process. "They don't just run a sale, they help close a chapter in the best way possible," Bailey says, strongly recommending Wilkerson to any jeweler facing a similar transition.