The Benefits of Buying Second Hand Diamond Jewellery
We work with a lot of jewellers who are on the lookout for beautiful stones with history, value, and character — and second hand diamond jewellery can offer all three. Whether you're after something to reset, something with vintage appeal, or simply a more sustainable option, buying second hand can be a smart and thoughtful choice.
In this article, we’re breaking down a few of the reasons why more and more people in the trade are buying second hand diamond pieces — whether to repurpose, resell, or wear as they are.
Sustainability
Both natural and laboratory grown diamonds require a significant amount of energy and resources to produce — from mining to lab-based processes. Second hand diamond jewellery, on the other hand, gives existing stones and metals a new life without the environmental cost of creating something from scratch.
Reusing diamonds isn’t just practical — it’s also a meaningful way to reduce demand for new production. And just because a piece is pre-owned doesn’t mean it’s any less beautiful. Many older stones have incredible character, and if the original setting isn’t quite right, you can always reset the diamond into something new.
Money Saving
Buying second hand diamond jewellery can also be more cost-effective — especially when it’s sold under the VAT margin scheme. In short, VAT is only charged on the profit margin, not the full sale price. That can mean a saving of up to 20% compared to buying similar new stock.
If you're not already familiar with how the margin scheme works, we've got a dedicated Q&A blog that breaks it down clearly, with examples.
Vintage Style
If your customers are looking for something a little different, second hand diamond jewellery can offer real individuality. Many older pieces have design details you just don’t see every day — perfect for clients who want character, not cookie-cutter.
With vintage and pre-owned styles gaining more interest, second hand stock is a great way to meet that demand with genuine charm.
Final Thoughts
Whether you’re sourcing for stock or on the lookout for something special for a customer, second hand diamond jewellery can offer great value and plenty of character. For many in the trade, it’s also a smart way to access quality pieces — with the added benefit of the margin scheme for those who are eligible.
If you'd like to see what we currently have in stock, feel free to get in touch.
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