A collateral loan lets you use an item’s value to access funds while keeping the option to reclaim it after repayment. Our gemologists, jewelers and watch specialists evaluate your piece in person and explain the offer before you decide.
Bring your jewelry, diamonds, watch or other valuable item to Diamonds By Raymond Lee. We assess its authenticity, condition and current market value, then review the loan amount, interest, fees and repayment date with you.
Your item stays in our insured vault during the loan. After you repay the agreed balance, it is returned to you. We also explain renewal options before you sign.
Learn more about jewelry loans, Rolex loans and gold and precious metal loans.
Each item is evaluated in person before we make an offer.
CUSTOMER EXPERIENCES
Customer experiences with our store, selected for this page.
★★★★★
I had a great experience at Diamonds by Raymond Lee. I was helped by Jose and Dan, and both were excellent — professional, fast, and very transparent throughout the process.I did a pawn on a watch, and everything was handled smoothly. The terms were fair, the interest rate was reasonable, and the service was efficient from start to finish.I would definitely do business with them again — not necessarily for another loan, but absolutely to purchase, as they have an impressive selection of watches and jewelry.Highly recommend!
★★★★★
We came be to see about a collateral loan and it was a great experience. I really appreciate them and recommend them when you need anything in the future.
★★★★★
Great customer service and an amazing selection of diamonds and gold jewelry. I brought my old gold and got top dollar on loan for it. Thanks Dan and jose for your support and service.
Reviews collected October 3, 2026.
Most loans close in under an hour, from authentication to payout. Wire transfers arrive the same business day, and cashier’s checks are provided immediately.
We lend against diamonds, colored gemstones, precious metal jewelry and luxury watches, including Rolex, Patek Philippe and Audemars Piguet. Bullion, designer handbags and art may also be considered after evaluation.
No. Our collateral loans are based on your item’s value. We do not check or report to credit bureaus, and we do not require employment verification.
Each item is sealed, barcoded and stored in our vault with security cameras operating around the clock. Insurance covers the full appraised value while your collateral is in our possession.
Yes. Pay the monthly interest and storage fees on or before the due date and we can renew the term without a new application. Your written agreement explains the amounts and due dates.
After the grace period, the collateral is sold to satisfy the outstanding balance. Proceeds beyond principal and interest are returned to you. We explain the repayment date and default terms before you sign.
Yes. Complimentary ultrasonic cleaning and routine watch winding are available on request. Our team will discuss the appropriate care for your item.
Yes. We can evaluate damaged pieces and discuss whether repairs, such as laser welding or stone tightening, would affect the loan offer. Any proposed work is explained before you decide.
