Diamond Studs SKJewelryandpawn

Bolingbrook Diamond Buyers

Sterling & Knight Jewelry & Pawn

Bolingbrook: 295 S. Schmidt   (630) 759-9100   

Joliet: 205 N. Joliet St   (815) 727-2300

Hinsdale: 244 E. Ogden Ave   (630) 321-5600

Villa Park: 109 E. St Charles   (630) 833-0800


Diamond Solitaire RingSo you have some diamond jewelry that you don’t wear anymore. Maybe an engagement ring from a past marriage, old boyfriend jewelry, or jewelry left to you by a parent or loved one. Where is the best place in Bolingbrook, IL to sell these items? At Sterling & Knight Jewelry & Pawn, our goal is to help you get the money you need. We are by far the largest and most aggressive diamond buyers in the southwest suburbs.

I am Ford Sunderland, President & CEO of Sterling & Knight Jewelry & Pawn. I am gemologist, and have been a jewelry buyer and appraiser in the Chicago area for over 30 years. At Sterling & Knight, we will give you a free no obligation appraisal of your valuables.

Below are some tips on how to sell you diamond for the highest possible price.

First of all, the more knowledge you have the better. Do you have paperwork on the diamond? Old appraisals, receipts and certifications are valuable resources. As a gemologist and jewelry buyer with over 30 years of experience, one of the first questions I ask customers when they are trying to sell me diamonds is do they have any information on the diamond. Most diamonds that people are trying to sell are mounted, so the buyer will have to measure the stone to determine the carat weight. Depending on how the stone is mounted, getting an accurate weight can be difficult. How the stone is mounted can make determining clarity and color difficult as well.

When I am buying a diamond, I will do all of my own measurements and calculations and then compare them to any receipts of certifications that the customer may have.  If my calculations agree with the customers info it gives me added confidence that the diamond will weigh what I think it will once it is removed from the mounting. This allows me to offer more money.

The second action item is for you to get more than one offer, and look into the reputation of the people you are dealing with. With online sources such as Google and Yelp, it is easy to find out what other customers think of the local jewelry buyers in your area. You can see what our customers think of us by clicking here, or just Google us and see what others are saying about us. 

Third, remember that Sterling & Knight Jewelry & Pawn is the home of the “Best Price Guarantee“. We guarantee that we will beat any written offer by 10%! Some restrictions do apply, so click on the above link for all of the details. 

Hopefully these tips have been helpful. If you have diamonds to sell, get your information together and bring them in to see us. We will be happy to serve you and help you get the money you need!

We have four locations to serve you! We are located in:


295 S. Schmidt Road Bolingbrook, IL 60440  630.759.9100

Hours: Monday 10 – 7:00 Tuesday – Friday 10 – 6:00 Saturday 10- 3:00

Villa Park

109 E. St Charles Road Villa Park, IL 60181 630.833.0800 

Hours: Monday 10 – 7:00 Tuesday – Friday 10 – 6:00 Saturday 10- 3:00


244 E. Ogden Ave. Suite 114 (In the Courtyard of Koshgarian Plaza) Hinsdale, IL  60521 630.321.5600

email: info@skjewelryandpawn.com

Hours: Monday – Friday   10 – 6:00 Saturday  10 – 3:00

Sunday by appointment.


205 N. Joliet Street Joliet, IL 60432   815-727-2300

Hours: Monday – Thursday 10 – 6:00 Friday 10 – 7:00 Saturday 10 – 5:00

If you refer a new customer to our store, you receive a 3% referral bonus, just like referring someone to host a Gold Party.

Please visit our website at


Thank you for your business and continued faith in our local, family owned business. We’ve had the privilege of working with wonderful customers and helping them in these troubled times.


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*(205 ILCS 510/2) (from Ch. 17, par. 4652)
Sec. 2. It shall be unlawful for any pawnbroker to charge or collect a greater benefit or percentage upon money advanced, and for the use and forbearance thereof, than the rate of 3% per month. Nothing in this Section shall be construed so as to conflict with the law pertaining to usury and the person receiving money so advanced may hold such moneys to pay any fees in addition to interest as herein provided.
Each pawnbroker, when making a loan under this Section, must disclose in printed form on the pawn contract the following information to the persons receiving the loan:
  1. the amount of money advanced, which must be designated as the amount financed;
  2. the maturity date of the pawn, which must be at least 30 days after the date of the pawn:
  3. the total pawn interest and service charge payable on the maturity date, which must be designated as the finance charge;
  4. the total of payments that must be paid to redeem the pledged goods on the maturity date, which must be designated as the total number of payments; and
  5. the annual percentage rate, computed according to the regulations adopted by the Board of Governors of the Federal Reserve System under the Federal Truth in Lending Act.
Each pawnbroker may contract for and receive a monthly finance charge including interest and fees not to exceed one-fifth of the loan amount, as set forth herein, for appraising, investigating title, storing and insuring the collateral, closing the loan, making daily reports to local law enforcement officers including enhanced computerized reporting, complying with regulatory requirements, and for other expenses and losses of every nature whatsoever and for all other services. Such fees, when made and collected, shall not be deemed interest for any purpose of law.
(Source: P.A. 90-477, eff. 7-1-98.)