Trusted Since 1966.

About Diamond Buyers

Our History

Diamond Buyers is owned and operated by Mike Menser. Mike started his jewelry career in 1966 while attending the University of Georgia. After graduating he continued working in the jewelry business and in 1971 purchased Buchroeder's Jewelers in Columbia, Missouri. In 2006 Mike moved to Ketchum, Idaho, but his son, Mills, continues to operate the family jewelry business. Mike is a GIA trained gemologist, a former member of the American Gem Society, and has over 50 years of experience in dealing with diamonds, estate jewelry, prestige watches and gold and platinum jewelry.

Diamond Buyers is an active buyer of diamonds, watches and fine jewelry in Boise, Twin Falls and Idaho Falls Idaho, Bend Oregon, Bozeman and Missoula Montana , Salt Lake City, Utah, Jackson Hole and Cheyenne Wyoming areas, and more. Diamond Buyers makes selling diamonds and precious metals an easy process.

Mike's son, Mills, is also the founder of Diamond Banc, an online company that buys and provides asset-based loans on diamonds, designer jewelry and luxury watches throughout the United States. Diamond Buyers has partnered with Diamond Banc to help facilitate the management of transactions.

Mills Menser - Owner Diamond Banc | Kyle Cook - VP of Operations Diamond Banc | Mike Menser - Founder & CEO of Diamond Buyers

Our Values

Integrity & Privacy

You will not find another company who will work harder to accommodate your needs whether you are looking to sell your jewelry or use it as collateral for an asset-based loan. The Diamond Buyers experts will make sure you get the money you need, all the while operating with the utmost discretion and professionalism.


The Diamond Buyers expert staff takes every value-adding factor into consideration to offer you more. Being submersed in the market and having relationships with the industry's largest diamond dealers, jewelry manufacturers, and watch re-sellers enables us to offer you the most generous buy and loan amounts.


Diamond Buyers solely exists to supply our customers with the highest buy and loan amounts for their diamonds and jewelry, while conducting ourselves in the most ethical and prompt manner. We are trusted purchasers and lenders. Our parent company has been in operation in the jewelry industry for over 120 years.


Diamond Buyers does not operate under rigid corporate policies. This allows us to assist you with all of your jewelry liquidity needs and gives our staff the flexibility to work with you to create customized funding solutions. Our customers are at the heart of how we conduct business because we know every situation is different.

Receive the Funding You Need!

Loan Details & Rates

Diamond Buyers offers the best jewelry-backed loans in the nation. Our plans are flexible with a minimum repayment period of 61 days and a maximum repayment period of 5 years. Our interest rate is 3% per month or 36% APR when clients borrow 30%-50% of the liquid wholesale value of their pledged collateral. For example if you have an asset with a liquid wholesale value of $25,000 and borrow $10,000 the monthly interest rate would be 3%, or $300 a month. If you borrowed the money for 3 months, your total pay back amount would be $10,900. Loans greater than $100,000 can qualify for even lower rates. If you have any more questions please review our FAQ page or give us a call.

Diamond Buyers LLC BBB Business Review