Honestly this was an amazing, quick, and customer friendly experience! I got a loan on some jewelry I had just laying around and got my funding within 48 hours! The team goes above and beyond to help communicate and I HIGHLY recommend them !
Response from the owner:Thank you, Mac! We're so glad to hear you had a fantastic experience with us and that our team was able to assist you effectively. Your recommendation means a lot!
Quick, easy, and such a great experience! The staff were super kind and helpful, would use this service again 😊
Response from the owner:Thank you, Brandy! We're so glad to hear you had a great experience and that our staff made a positive impression. We look forward to serving you again!
Since the inception of Diamond Banc, Kyle Z. Cook has been an integral team member. Recognized for his diligent management of crucial transactions and daily operations, Kyle demonstrates an exceptional commitment to the organization. However, his role goes beyond merely operational; he places enormous importance on fostering personal relationships with clients. With Kyle, every client can expect to receive not only a high standard of service but also the personal attention and care that sets Diamond Banc apart. His meticulous attention to detail, deep understanding of the jewelry market, and relentless commitment to professionalism guarantee that you receive the highest value for your fine jewelry and timepieces.
As the National Director of Funding at Diamond Banc’s corporate office, Jordan Isaacs prioritizes providing top-notch client experiences during the assessment of their items for immediate sale or loan services. With excellent communication skills and a talent for prompt and informative follow-up, Jordan’s expertise enables him to offer the highest values, the most competitive rates in the industry, personalized financing options, & exceptional service to each and every client. To start working with Jordan, give us a call or fill out our online submission form.
“After watching countless videos on YouTube, I reached out to Diamond Banc and was introduced to Jordan. He made the process seamless and simple and answered all of my questions. The entire process, from initial contact to securing a loan took less than 48 hours. I am very impressed with their process and level of customer service and highly recommend them to anyone needing to access their jewelry’s equity. Thank you again!”
We provide you with a fully insured shipping label to send your items to our headquarters for final evaluation. Or, visit a Diamond Banc office near you to complete your transaction in person.
Get Funded
Via Check or Wire Transfer
If you accept our offer, we will issue payment immediately via check or wire transfer.
Get Your Item Back
Quickly & Securely
Once your loan has been fully repaid, your item will be securely expedited back to you.
FAQs
How does it work?
Getting a loan secured by your Rolex with Diamond Banc is simple, fast, & secure. You can begin the process by requesting a quote; Tell us about your Rolex utilizing our online submission form above. Then, a member of our team will reach out to you with an initial loan offer & a fully-insured shipping label. Once your Rolex is received here at our headquarters, it is inspected and our final offer is made. If you accept our offer, you will complete your loan documents online and receive funding right away. Once you pay your loan off, your item is sent back to you.
How do you determine how much my Rolex is worth?
There are various factors that impact the value of your Rolex watch. For instance; the condition, accessories (including box and papers), and the current selling value on the secondary market. We will thoroughly explain to you how we derive our loan offer and show you comparable Rolex watches on the market.
Will getting a loan secured by my Rolex impact my credit score?
No. Diamond Banc does not conduct credit checks or employment verification on loans under $30,000. For loans $30,000+, we conduct a background and credit check to ensure there are no pending insolvencies. We do not report to any credit agencies and our loans are 100% private. If the borrower elects not to repay their loan, they will surrender their pledged collateral with no impact on their credit score.
How long does it take to fund the loan?
In most cases, it takes less than 24 hours to receive payment from the moment you accept our loan offer. If you visit a Diamond Banc office, you have the ability to receive funding on the spot.
Do I have to make monthly payments?
Yes. You will be required to make monthly interest payments during the duration of your loan. If you elect to make a payment larger than your minimum monthly interest payment, that amount will be applied toward your principal balance. Watch this video to learn more about our Jewelry Equity Loan service.
How long do I have to make payments?
Diamond Banc offers 30-day loans that can be extended for as many 30-day periods as the client needs. There is no minimum loan period, as our loans can be paid off in full at any time without penalty.
Does having a Rolex with a box & paperwork make it worth more?
Yes. If your watch comes with extras such as an original Rolex box, paperwork, stickers, etc., these factors can potentially make your watch more valuable.
What if I don’t accept the final loan offer?
If you elect not to accept our offer, we will expedite your Rolex watch back to you under a fully-insured shipping label.
Is my Rolex watch insured?
Yes. Your Rolex watch is fully insured for 100% of its replacement value during shipment to our headquarters, the entire duration of the loan period, & return shipment back to you.
How is my Rolex watch stored?
Your Rolex watch is cataloged and stored on-site in one of our state-of-the-art, alarm-protected, 24-hour security-monitored, fireproof vaults.
Can I sell my Rolex watch instead?
Yes. If you would prefer to sell your Rolex watch, visit our Sell Your Rolex page to complete the submission form. You may also explore our menu of liquidity options to determine what financial solution is ideal for you.
Honestly this was an amazing, quick, and customer friendly experience! I got a loan on some jewelry I had just laying around and got my funding within 48 hours! The team goes above and beyond to help communicate and I HIGHLY recommend them !
Response from the owner:Thank you, Mac! We’re so glad to hear you had a fantastic experience with us and that our team was able to assist you effectively. Your recommendation means a lot!
Quick, easy, and such a great experience! The staff were super kind and helpful, would use this service again 😊
Response from the owner:Thank you, Brandy! We’re so glad to hear you had a great experience and that our staff made a positive impression. We look forward to serving you again!
Great experience! Easy transaction and very transparent.
Response from the owner:Thank you, Megan! We’re so glad you had a great experience and found the transaction easy and transparent. Your feedback means a lot to us!
The people here are absolutely amazing! The kindness they show and the level of communication they give down to the last detail is something people don’t see in today’s world. Truly, they have the absolute best employees.
Response from the owner:Thank you, Bobbi, for your wonderful words! It’s heartwarming to hear your appreciation for our team’s kindness and communication. We truly value your feedback!
Christine was very knowledgeable, and made the whole experience a comfortable one! I love that she was very up front with what she could do, and even showed us where she was getting her decision making information from. I would recommend her to anyone for their jewelry needs/business! 10 out of 10 would recommend!
Response from the owner:Thank you, Helen! We’re so glad to hear that Christine made your experience comfortable and that you appreciated her transparency. Your recommendation means the world to us!
I had a great experience working with diamond Banc. The process was very easy and the people that work there are extremely nice and considerate. They make sure they give you the best price that they can give you for your piece. I’m very happy that I chose to do business with them.
Response from the owner:Thank you, Sarah, for your wonderful feedback! We’re so glad to hear you had a great experience and appreciated our team’s efforts to provide the best price for your piece. Your satisfaction means a lot to us!
Great service! Easy process for the customer! Great customer service!Highly recommended by me!
Response from the owner:Thank you, Brandy, for your fantastic feedback! We’re so glad you found our service easy and that you had a great experience. Your recommendation means a lot to us!
Lyndsey made the process effortless. They were fair and up-front. I hope to be doing more business in the future.
Response from the owner:Thank you, Don, for your kind words about us and the process; we appreciate your support and look forward to working with you again in the future!
Amazing experience! I was initially nervous in spite of the reviews to do this transaction as I was sending a very expensive Cartier watch to an online company to sell. There was no need to be, Jordan and Christine were amazing! The communication is incredible, the process so easy and seamless and the wire transfer arrived on time and as promised. I will not hesitate to use Diamond Banc again!
Response from the owner:Thank you, Johnny! We’re so glad to hear that your experience was amazing and that Jordan and Christine provided the support you needed. We appreciate your trust and look forward to serving you again!
The selling of my watch was such a pleasant experience. I would recommend Diamond Banc to anyone wishing to sell their luxury watch.
Response from the owner:Thank you, Rr, for your kind words and recommendation; we’re glad to hear you had a pleasant experience selling your watch with us!
The process with Jordan and his team was seamless. Quick shipping, inspection, and payment took less than 2hrs from acceptance of the offer. I plan to do more business in the future.
Response from the owner:Thank you, David! We’re glad to hear that you had a seamless experience with Jordan and the team, and we look forward to doing more business with you in the future.
I had a very positive experience with selling my watch. The employees have all been helpful and friendly. I highly recommend their services. I received payment within 48 hours of Diamond Banc receiving my watch. The offer they gave me was the highest of 4 companies.
Response from the owner:Thank you, Sarah, for your kind words and recommendation; we’re glad our team could provide you with a positive experience and quick payment for your watch!
Mi experiencia fue excelente, Sasha es muy profesional , educada, aclaró todas mis dudas y fue muy amable. El lugar es muy bonito y seguro . Agradecida con sus atenciones y profesionalismo .
Response from the owner:Thank you, Larizza, for your wonderful feedback! We’re glad you had an excellent experience and appreciated Sasha’s professionalism and kindness. It’s great to hear you found the place beautiful and safe. Your gratitude means a lot to us!
This is the second time I’ve used this place they are extremely fast, efficient, and give you the highest offer for your items. I sold 2 watches with zero issues the money was deposited via wire transfer within 4 hours of them receiving my items. I highly recommend using them if you want a hassle free service!!
Response from the owner:Thank you, Andrew, for your fantastic review! We’re glad to hear about your positive experiences and appreciate your recommendation. Looking forward to serving you again!
Diamond Banc was really great to work with, they’re professional and quick with the business they conduct. I would highly recommend Diamond Banc if you’re looking to sell any jewelry or coins of value (way better than a pawn shop).
Response from the owner:Thank you, Connor! We’re glad to hear you had a positive experience with our team and appreciate your recommendation for anyone looking to sell jewelry or coins.
They are great to work with , honest and very knowledgeable people. Would highly recommend them to everyone in your
Response from the owner:Thank you, Tyrell, for your wonderful feedback; we appreciate your recommendation and are glad you had a positive experience with our knowledgeable team!
Just wanted to take the time to say THANK YOU again Lyndsey with Diamond Banc for assisting us so well (me with my two children who I had to bring along due to my husband being at work). You were awesome, patient as my kiddos were being kids, thorugh, helpful, and kind last Thursday! Thank you for also being understanding and making our appointment pleasant. So, I totally would recommend this place moreover Lyndsey’s help because in my case it made all the difference. GOD BLESS!!!
Response from the owner:Thank you, Bethlehem, for your wonderful feedback! We’re so glad to hear that we provided you and your children with a positive experience. Your recommendation means a lot to us!
Fast response time. Competitive offer and terms. The entire team was exceptionally professional and easy to work with! Highly recommended. Thank you!
Response from the owner:Thank you, Ryan! We appreciate your kind words about our team’s professionalism and are glad you had a positive experience with us.
They are very kind and they also work with you on the price very good place to go I highly suggest them
Response from the owner:We are the #1 Rolex and Diamond Buyers in the nation. I’m glad you were able to complete your transaction with us. We have the best clients!
Mia was awesome, she went above and behond to help us, would definitely recommend to anyone! Will definitely use her again,
Response from the owner:Thank you, Andrew! We’re so glad to hear that Mia made such a positive impact and we’re grateful for your recommendation. Looking forward to serving you again!
Selling some old jewelry could not have been easier. I was greeted in the lobby & directed to the elevator & office. I was a few minutes early but waited on emediatelly. Mia was kind, knowledgeable, and efficient with my evaluation. I’ll be back, great job!
Response from the owner:Thank you, Michael, for your kind words and for recognizing Mia’s excellent service; we look forward to seeing you again!
Lindsey offered a great experience and was very knowledgeable on diamonds
Response from the owner:Thank you, Jorge! We’re glad to hear that we provided you with a great experience and shared our expertise on diamonds. Your feedback means a lot to us!
Lindsey at Diamond Banc was great to work with. Knowledgeable and fair. It was a pleasant profitable visit. I definitely recommend doing business with them.
Response from the owner:Thank you, Kandi! We’re so glad to hear that you had a positive experience and found your visit both pleasant and profitable. Your recommendation means a lot to us!
Diamond Banc is a first rate organization that is great to deal with. They are honest, give great customer service, and are expert at what they do. Whether you are looking to use your valuables as collateral, or want to sell them outright, they will give you the best rates available and the fastest service. You will never regret doing business with Diamond Banc!
Response from the owner:Thank you, Victoria, for your wonderful feedback! We’re glad to hear you had a great experience with our team and appreciate your trust in us.
Great experience selling a 1980s Rolex w Mia at Diamond Banc in St. Louis. Better price than I could find in Boston, and very straightforward and professional.
I had a great experience selling my ring here! Very smooth process. Miguel was very thorough and upfront about everything. Would definitely recommend to family and friends 🙂
Response from the owner:Thank you, Sarah! We’re so glad you had a great experience selling your ring, and we’ll be sure to pass on your kind words to Miguel. Your recommendation means a lot to us!
Diamond Banc was very friendly and professional walked me through everything so I understood the whole process I would highly recommend them
Response from the owner:Thank you, Amy, for your kind words and for recommending us; we’re glad to hear our team made the process clear and enjoyable for you.
Had a great experience! Very quick and efficient! Mia was pleasant and knowledgeable. Would definitely recommend her!
Response from the owner:Thank you, Aubrey! We’re so glad to hear you had a great experience and that Mia made a positive impression. Your recommendation means a lot to us!
Christine was very personable and really knew what she was doing. She was fast and got the transaction done in a very timely manner. She was a down to earth classy lady and a complete pleasure to do business with. Ill never take anything to anyone else…
Exceptional as always across the board. Exc prices, they have the process down pat and make it very easy and fast to get paperwork done. Very responsive. Great follow up/thru. I’d give them 6 stars if I could! Thank you.
Response from the owner:Thank you, Robin! We truly appreciate your kind words and are glad to hear that our process and responsiveness met your expectations. Your support means a lot to us!
You will likely be surprised to learn how much you can borrow against your Rolex watch. The stimulus and recent creation of easy credit and additional money supply have found their way into most asset classes, increasing or inflating their values. Rolex watches are no exception and have experienced unprecedented value appreciation in recent times. Today, there are countless quality online options for consumers to purchase and sell pre-owned Rolex watches. This was unheard of only a few short years ago. The ease of safe online luxury watch buying and selling has led to an explosion of online watch commerce.
This new distribution channel has proven to the world the liquid nature of Rolex watches and demonstrated the brand’s value retention, further increasing consumer appetite. Rolex’s exacting production standards to create new watches produce far fewer new watches than there is global demand, thus creating ultra-strong values in popular pre-owned Rolex models, unlike ever before.
Why You Should Leverage Your Rolex for a Loan:
Rolex Demand: The global demand for pre-owned Rolexes allows for high loan values (LTVs). In some cases, individuals can borrow more than they paid for their watch and that’s why a loan on Rolex watches is the best decision.
Retain Ownership: When you decide to get a loan against My Rolex, you actually retain ownership but receive the same amount of funds as you would by selling.
Cost Savings: Less costly than selling your watch and later replacing it or buying a similar watch.
Favorable Loan Terms: Very low cost of funds/interest rates for a Rolex loan.
Confidential & Secure: No credit inquiry or income verification is required for a Rolex loan.
Fast Funding: Receive your loan proceeds via wire in 24-48 hours.
Credit-Line Flexibility: Draw funds up and down as needed.
Why Diamond Banc is the #1 Rolex Equity Lender in the nation:
Diamond Banc, owned and operated by seasoned industry experts, brings a wealth of knowledge and resources to the table, enabling us to offer unparalleled loan values, especially evident in our loans against Rolex watches. As an established pioneer in modernizing Jewelry Equity Loans nationwide, Diamond Banc has cultivated a robust and healthy business model. This strong foundation allows us to provide a competitive low loan cost structure on Rolex Equity Loans, a feat that would not be achievable if this were our sole loan product. Our comprehensive expertise and solid business practices empower us to deliver exceptional value to our clients, reinforcing our position as a leader in the industry.
Understanding A Rolex Equity Loan
The next facet of the evolving luxury digital marketplace = a return to banking’s true roots:
Loans in their original form, where loans are secured by real assets. The borrower pledged an asset and the lender loaned them a percentage of the collateral’s value. If the loan was not repaid, the lender sold the collateral and used the proceeds to pay the loan off. This basic and simple loan structure was prevalent for a notable period of banking history. The idea of solely loaning people money in an unsecured fashion, based largely on their signature and previous repayment history, creates significant liability for the lender or borrower.
This type of lending is a major contributing factor to our country’s ever-growing national debt. This credit-only borrowing has created the average credit card balance in America to balloon to over $6,300 in 2018 and US total credit card debt to reach $687 billion according to Experian!
When clients take out a loan against Rolex, they are responsibly borrowing against the ownership (equity) they have in their Rolex watch. If the borrower does not elect to repay the loan, the watch is sold to satisfy their loan obligation and the transaction is over. Rolex Equity Loans are non-recourse, meaning, if the borrower elects not to repay their loan, there is no negative effect on their credit and their debt is forgiven via the ownership transfer of their watch.
Tremendous advancements online have been made to allow customers to buy and sell pre-owned luxury items via Peer-to-peer platforms and online sellers and traders. The pre-owned luxury market is currently pegged at $6 billion annually and is rapidly growing. It is only a matter of time before the same savvy early adopters who saw the value in trading online luxury goods will turn to those same items to borrow against the equity they possess. In an ever more public world, the confidentiality and simplicity of a loan against a Rolex is an enticing option.
Diamond Banc is the nation’s best source for those who are planning to opt for loans on Rolex watches. We are Rolex experts and consider every value-adding factor, such as model, age, condition, and rarity, to offer the highest loan amounts possible. Using your Rolex watch as collateral to obtain a loan is a great way to access its liquidity while still maintaining ownership of your watch. You can rest assured that your Rolex will always be fully insured with Diamond Banc, whether it’s in transit to headquarters via Brinks or tucked away safely in our vaults for the duration of the loan.
Discover Diamond Banc’s Exclusive Rolex Seller’s Agent Service
Achieving the highest possible selling price when you decide to sell your Rolex is at the core of our mission with Diamond Banc’s Rolex Seller’s Agent Service. We understand the importance of leveraging every unique feature of your timepiece, which is why we strategically list it on select, national industry platforms tailored for luxury watches. Additionally, we tap into our extensive network of authenticated buyers, specifically targeting those searching for comparable Rolex watches to yours, ensuring your Rolex receives the attention and selling price it deserves.
Our process doesn’t end until your Rolex finds a buyer willing to pay a price that not only meets but potentially exceeds our expected selling price. Upon the successful sale of your watch, you will be furnished with a thorough report detailing every aspect of the transaction. This report is designed to provide you with a clear and transparent understanding of the net proceeds you will receive from the sale, embodying our commitment to transparency and your satisfaction in the process of selling your Rolex. Learn more about our Rolex Seller’s Agent Service & discover if your Rolex qualifies.
Diamond Banc frequently makes loans on the following Rolex models:
