Stop Throwing Out Your Diamonds

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Upcycling: it doesn’t mean trying to ride your bike uphill.

Upcycling is the process of converting waste materials or useless products into new materials or products of better quality or for better environmental value.” – according to the esteemed folks at Wikipedia.

You’ve always known that you could recycle your cans and bottles, for a small profit even.  Your local coffee shop has receptacles for plastics, paper and compostable trash.  Your automotive store accepts used car batteries for proper disposal and eventually reuse.  So why stop there?

The probability of someone referring to a diamond as “waste material” is slim, but you get the idea.

The trend of upcycling diamonds has seen a significant increase in recent years.  Aided primarily by economic factors (as a large percentage of the world’s population has needed to supplement their income in various ways), there are other benefits to consider in reusing diamonds.  Specifically, conservation of natural resources.  As with any material that is harvested directly from the earth, the are often stark ramifications that result from the process.  The bottom line is that the more we upcycle diamonds, the less we need to mine for new ones.

Negative aspects associated with new diamond mining:

  • Areas in Canada, Australia and Africa have witnessed significant environmental devastation as a result of diamond mining – including deforestation, harmful chemicals leaching into the surrounding land and water supply (ie: methyl mercury), endangerment of numerous indigenous species, and eradication of viable farming areas.
  • The world over, many diamond mines have been exposed as having horrific working conditions, where human rights are continuously violated.
  • “Blood diamonds” (also known as “conflict diamonds”) are African diamonds, which the profits from go towards financing brutal wars, civil conflicts and coups.
  • As diamond mines change hands from company to company (ie: in South Africa, as the small company Trans Hex bought a mine from the giant De Beers) certain ecological and financial responsibilities can go unregulated.

The good news: 

There are literally enough harvested diamonds on the planet now to satisfy all of our jewelry needs for quite some time.  Most of these diamonds however reside locked away in jewelry boxes, safe deposit boxes, and for the truly careless, in cardboard/shoe boxes.  Upcycling these diamonds (and turning them into cold, hard cash in the process) has never been more efficient, safer, and profitable.  (Learn more)

The entire procedure is relatively simple.  Diamonds, which don’t really experience a lot of “wear and tear,” stay pretty much the same from the time they are originally cut and polished.  When a diamond ring, for instance, leaves the hands of its owner and comes into the possession of a diamond dealer, the dealer first removes the stone from its setting.  If the shape of the diamond is a popular one, such as a classic round, it can easily be placed into a brand new setting and then resold to a retailer.  The retailer then displays the new diamond jewelry, and violà, it’s ready to be purchased all over again.

At Diamond Lighthouse, we have cultivated a unique way of bridging the heretofore mysterious gap between the diamond owner and the legitimate dealer.  With over 30 years of experience in the diamond business, we have longstanding relationships with the most sophisticated and reputable diamond buyers and dealers in the industry.  Since we don’t buy your diamonds, but rather take them to this elite network and help sell them on your behalf (taking a commission off the sale), we always strive to get you the absolute most money for your diamonds.  (Learn more)

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When the time comes to upcycle your diamond jewelry, you now know the best place to do so.  Help the environment, help indigenous people and animals, and help yourself to a large check.  Get started now.

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-Joe Leone

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