Amazing How To Sell Diamond Engagement Ring
In most cases a diamond engagement ring or other diamond jewelry will have a resale value of between 20 and 60 of the amount it cost when it was new.
How to sell diamond engagement ring. Selling Options for Diamond Engagement rings. When it comes to selling a diamond ring condition makes a big difference. 1 hour agoWhile there may be an understandable urge to sell it off quickly with the average cost of an engagement ring in the UK being around 2000 there are a few things to consider before cashing it in.
Diamonds may be forever but they dont necessarily need to be forever with the same person. However pre-owned diamond rings rarely sell quickly especially at near-retail prices meaning you may need to wait for a long time before your ring finds a buyer. This whole process takes less than 3 minutes and comes with no obligation to actually sell your ring.
Some people approach selling a diamond ring like they would a car selling the ring to a private buyer rather than trading it into a dealership for less. A 1-carat diamond and gold engagement ring will fetch resale prices ranging from 1000 to 5000 depending on the cut quality and setting. To get the best price for your diamond ring it pays to sell to the experts.
Your diamond engagement ring is worth the current market rate for the diamond and metal. Selling an engagement ring because youre broke and urgently need money is a tough call and a lousy situation to find yourself in. Buyers pay more for rings that are in good to excellent condition.
Understanding Your Engagement Rings Value When selling an engagement ring its very important to understand how diamonds are valued - after all they play starring roles in most engagement rings. Google will direct you to online buyers jewelers gold buyers and auction houses pawnshops vintage and estate jewelry stores. The first is to sell to a reseller such as a jewelry store diamond dealer or pawn shop that will turn around and sell the ring again.
Each seller has pros. Research your selling options. As part of our Jeweler for Life commitment Blue Nile has partnered with CIRCA a world leader in buying pre-owned jewelry to bring you a simple and transparent service to sell your diamonds jewelry and watches.