Pacific Precious Metals is a premier precious metal dealer based in San Francisco and Sausalito, California. Their services include liquidating unwanted jewelry, silverware and metals, as well as appraising and selling diamonds.
Pacific Precious Metals stands out from other metal and diamond distributors in that their customer support is excellent and the technology they use to validate gold and silver coins and bars, in addition to diamonds and gemstones, is state of the art.
But can Pacific Precious Metals be trusted? Are their diamond investment services legitimate? Here’s our take on Pacific Precious Metals.
Selling and Appraising Diamonds
Pacific Precious Metals buys and appraises diamonds and diamond jewelry at current market value. Diamond jewelry is bought for its precious metal content alone, rather than the jewelry, so it’s best to sell diamond jewelry at a certified diamond jewelry reseller if you want the best price. They also offer insurance appraisals where a gemologist verifies and provides proper documentation for the insurance company.
Buying Diamonds As An Investment
Unfortunately, Pacific Precious Metals does not provide a list of diamonds they have in stock. They claim to sell only GIA certified diamonds and source the product from manufacturers and wholesalers around the world. Delivery times can take as little as a few days to several weeks, depending on the diamond’s original shipping location.
Pacific Precious Metals does a good job at informing potential customers the benefits of investing in investment grade diamonds. The only downside is they have no inventory, so if you want to purchase a diamond as an investment you would need to contact the company directly, and they also do not specify the general location of their diamond sources or diamond providers.
With this in mind we scoured the internet to look for reviews, both good and bad, and were reluctant to find anything negative about Pacific Precious Metals. Although the company could benefit from an added layer of transparency, all the positive reviews from real customers tell us one thing – Pacific Precious Metals is a legitimate diamond seller and not a scam.