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Rapaport Trade Pawn Brokers Plan

Eligibility, pricing and what's included in the Rapaport Trade plan for qualified pawn brokers, plus FAQs.

Written by Philippa Corrick

Rapaport Trade has a dedicated plan for qualified pawn brokers. It gives pawn businesses a way to price, list and sell diamonds and gemstones directly to verified trade buyers.


Who qualifies?

To join the Pawn Brokers plan, you need to:

  • Have been a member in good standing of the National Pawnbrokers Association, or another recognized pawn association, for at least one year

  • Hold an active business license and a government-issued ID

All applications are subject to Rapaport approval.


What's included?

The Pawn Brokers plan costs $1,000 per year and includes:

  • Listings for up to 50 diamonds and 50 gemstones, certified and uncertified

  • Access to verified trade buyers

  • Direct communication and negotiation with buyers

  • Rapaport diamond pricing tools

  • A dedicated account representative

  • Live Chat, Tech Support and Help Center access

Good to know: Rapaport Trade charges no sales commission or transaction fees. You pay the annual subscription and keep the full agreed sale price.


Rapaport Trade or Rapaport Auctions?

Pawn brokers can list single diamonds and gemstones only on Rapaport Trade. For melee, mixed parcels, closeouts, finished jewelry, or goods that need evaluation and a managed sales process, use Rapaport Auctions.

The two services work side by side:

  • Use Rapaport Trade to set your own asking price and negotiate directly with buyers

  • Use Rapaport Auctions when you want Rapaport to manage the sale. Auctions run monthly in diamond trading centers worldwide.


Frequently asked questions

Joining and cost

How do I qualify as a pawn broker?

You need at least one year's membership in good standing of the National Pawnbrokers Association or another recognized pawn association, an active business license and a government-issued ID. All applications are subject to Rapaport approval.

How much does the Pawn Brokers plan cost?

$1,000 per year. See What's included? above for everything the plan covers.

Does Rapaport Trade take a commission on what I sell?

No. There's no commission or transaction fee, just the annual subscription. You and the buyer negotiate directly, so the full sale price is yours.

Can I buy diamonds on Rapaport Trade as well?

Yes. Once approved, you can search available inventory and contact sellers directly.

What support will I get?

The plan includes a dedicated account representative, plus Live Chat, Tech Support and Help Center access. Our representatives are based in the major diamond trading centers and know the trade well, so you get answers from people who understand your market.

Listing your stones

What can I list?

Single diamonds and gemstones only, both certified and uncertified. Melee and parcels aren't accepted from pawn brokers on Rapaport Trade; sell them through Rapaport Auctions instead.

Do my diamonds need a grading report?

No. You can list certified and uncertified stones, but the information you give about each stone must be accurate. A grading report gives buyers more confidence when reviewing your listing.

Rapaport Trade only accepts natural diamonds. Lab-grown diamonds aren't permitted (see our diamond listings policy).

What information do I need to create a listing?

Accurate details of the stone, including shape, weight, color, clarity and other relevant characteristics, plus the grading report details if it's certified. Clear photos and videos help buyers evaluate your listing, and we strongly recommend completing your company profile too.

Can I list more than 50 diamonds or 50 gemstones?

The standard plan includes up to 50 diamonds and 50 gemstones. If you need to list more, contact your account representative.

Can I list finished jewelry?

No. The plan covers individual diamonds and gemstones only. Finished jewelry can be sold through Rapaport Auctions.

Pricing

How do I price pre-owned diamonds?

Check the stone against the Rapaport Price List and live asking prices across the world's largest natural diamond inventory.

We recommend TradeScreen to compare live market prices by category, then Rapaport Trade XL to work the numbers in Excel. You'll find Rapaport Trade XL under Growth Tools in the side menu.

Who sets the asking price?

You do. Rapaport's pricing tools can help, but the asking price, and any decision to accept an offer, is yours.

Does Rapaport decide what my diamond is worth?

No. The Rapaport Price List and market data are benchmarks and market context, not appraisals or guaranteed valuations. A stone's price also depends on its grading, condition, documentation and demand.

Buyers and sales

Who can see my listings?

Verified traders on Rapaport Trade: industry members who have completed Rapaport's membership approval process.

How do buyers contact me?

Directly through Rapaport Trade. You talk and negotiate with them yourself, with no sales intermediary.

Does Rapaport Trade buy my diamonds?

No. Rapaport Trade connects you with verified trade buyers. You remain the seller and negotiate directly with interested buyers.

Does listing a diamond guarantee it will sell?

No. A listing puts your stone in front of professional trade buyers, but it doesn't guarantee an offer or a sale.

Does Rapaport handle payment, shipping or delivery?

Not at the moment. You and the buyer arrange payment, shipping and delivery between you.

Rapaport Auctions

Where can I sell melee and mixed parcels?

Through Rapaport Auctions, which handles melee parcels, mixed breakout and closeouts. Auctions run monthly in diamond trading centers worldwide.

What's the difference between Rapaport Trade and Rapaport Auctions?

On Rapaport Trade, you set the asking price and negotiate directly with buyers. With Rapaport Auctions, Rapaport manages the sale for you.

Can I use both?

Yes. If a stone listed on Rapaport Trade sells through Rapaport Auctions, remember to remove it from your Rapaport Trade listings.


Still have a question? Chat with our Customer Success team.

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