Below are two of the best selling options along with their pros and cons, so that you can choose the one perfect for you.       Pawnshops One of the fastest and convenient options for selling your diamond rings will be a pawnshop. Here, you will get the cash easily. Additionally, you may also pawn your rings if you want a loan without losing the ownership of your asset. However, there will not be any jewelry experts in a pawnshop to assess the value of your diamond; you will have to settle for what they offer you. Auction Houses If you are thinking about where to sell your diamond ring in a traditional way, auction houses will be the best bet. There will be diamond experts to evaluate the quality of your sparklers here, and hence, you may crack a fair deal this way. The major downside to auction houses is that you will have to wait for an auction to be held; there will be no guarantee of selling your rings either.