Sell Engagement Ring. When a man gets down on one knee and offers you an engagement ring for your hand in marriage, this can also be one of the most overwhelming experiences of your life.
But in life sometimes, after you accept the offering and your eyes adjust to reality of future life, you realize that while diamonds may last forever, the men who will give them to you sometimes don’t, such is life. So when Mr. “I think he might be the one!” turns into Mr. “Gotta Run, theres a nutjob in my house.” what do you do with the rock in that engagement ring he left behind?
You may love bling as we all do, but you don’t want to wear the karma of dodgy relationships of late on your finger. Sure, diamonds are great for scratching the paint on his car but why bring him back?, but we know you’re much more mature and business savvy than that. Sometimes the only reasonable thing to do is to sell that engagement ring and have some fun fun fun, Selling a diamond ring is a little more complicated than unloading that ipad you bought last January and never used.
How to Sell Engagement Ring.
How to Sell Engagement Ring. There’s very a big difference between a $500 cosmetic cocktail ring your man gave you your last Birthday and the $25,000 ring he proposed with. And girl, if the ex cheated on you while you were trying on maintain a household and make sure life runs smooth without any thanks, Let me be the first to say that losing what he spent on your ring is the least he of his problems so like him, move on and have fun. Unfortunately, most laws aren’t based on moral etiquette or the justice owed a woman scorned, so do a little homework before you try to sell your diamond engaement ring.
Some states may say that whoever walks away or breaks from the relationship forfeits their claim to the ring that symbolized the commitment. Others may say a gift’s a gift, so you need to know the rules of the playing field before you make your move, in most cases you should be ok.
Also if you were married? The ring may be considered as ‘communal property’, this means the ring may be included in the division of property during any divorce. Bottom line? You want to get out of this situation as painlessly as possible, and making sure the ring is yours to sell will save you headaches and heartaches down the road.
Check original the store’s return policy. If your engagement has ended quickly enough, you may be within your jewellery stores return policy, but remember; they are a business. So don’t expect them to take back a piece that they sold months or even years ago. And if they do agree to take the piece, they may only be willing to offer you a store credit, which will still leave you with jewellery in another form that reminds you of your ex. Before you sell and walk out without the ring, though, make sure this is what you really want. If there’s any chance of future reconciliation, having to pay full price to get another ring later will be especially bitter and could cause issues.
Get your engagement ring appraised. In order to determine the price you can reasonably expect to receive when you sell engagement ring, you should hire a professional gemstone appraiser. Please, Do not to cut corners on this step. Make sure to use an experienced independent, accredited appraiser. An independent appraiser doesn’t buy or sell jewellery, and won’t be biased as he appraises your diamonds. Professional appraisers can be found through organizations such as the IGI, Gemological Institute of Australia and so forth, and should have gone through gemology school, and appraisal school. Costs for diamond and gemstone appraisals are quite minimal, and are often based on the weight of the components of your ring such as the diamonds plus the melt value of the gold or platinum. Beware of any appraiser who charges based on the value of the ring. This is an very outdated and illegal practice that brings bias to the appraisal.
Sell engagement ring for best price. When you take your diamond jewellery to an appraiser, it’s important to tell him you’re looking for the best selling price of the ring taking into fact it contains the diamond. “There are many different levels of valuating diamonds”. “Tell the appraiser you’re looking to liquidate your diamonds and need to get the highest cash price that you can.” If the appraiser thinks you’re asking what it would cost to replace the ring for insurance purposes rather than instant stock replacement, the value will be much higher than what you can sell engagement ring for yourself. And brace yourself it gets painful; it’s totally unrealistic to expect to sell your piece for near retail store value, which means you’ll get less than you paid for it as with the sale of many other items, gold currently defies this trend if purchased 10 years ago. You may even have to settle for less than the market value if there are many other sellers with similar diamonds for sale on places like ebay and gumtree, but at least you’ll have a good asking price.
Sell Engagement Ring at a higher price.
Sell Engagement Ring at a higher price. You can try to sell engagement ring directly to a buyer such as a family member, colleague or friend. To get the best price for your jewellery, You will need to try to sell directly to the end consumer if done privately. Retailers as all shopowners have overheads and expenses to cover, and their expenses will reduce how much of the engagement rings sale price ends up in your hip pocket.
You can advertise to sell engagement ring online on a website , eBay or classified portals such as Gumtree, but if you’re uncomfortable with this and having strangers in your home, an auction website such as eBay may be a better bet but many other people could be selling the same diamond specifications in another design. One of the easiest ways to sell engagement rings may be through a jewellery store or a local pawn shop. Just realize that the further you get from the consumer, the less you should expect to profit. Sell Diamonds offer the highest prices compared to our competition, we pay more.
- Unless your engagement ring is from a highly desired and sought after brand such as Tiffany or Cartier, it is the diamond that holds most of the worth in your engagement ring. The band itself will most likely be melted down at scrap metal prices by the diamond buyer. Still, this gold can be worth hundreds of dollars depending on buyer and that days spot price.
- If the ring was appraised when purchased for insurance purposes, you need to keep in mind that this was the estimated retail value at that time, and may not even be close to what you can expect from a diamond buyer like Sell Diamonds. If you decide to get your engagement ring appraised before you resell it, be sure to tell the appraiser that you would like a re-sell (or wholesale) price estimate. Come see us and get a better cash offer to sell engagement ring
- Be sure to include all the diamond certification papers when selling your engagement ring. The most respected is the GIA (Gemological Institute of America) Diamond Grading Report, which makes it much easier for the buyer to evaluate your ring’s proper market value based on the diamonds specifications.
- You often can get a much higher price to sell engagement ring if you can match and pair it with other bridal jewellery, such as a matching wedding bands along with bridal earrings.
- Women that are now in the process of getting a divorce, wait until the divorce is complete before they sell engagement rings and other bridal related jewellery. Sometimes felings between married couples often change at the very last minute. And you don’t really want to be in the position of losing your engagement ring and wedding band forever should you and your husband reconcile. But, if you are in need of money, consider using less sentimental jewellery such as gold jewellery instead.
- If you are getting a divorce and have a daughter and you are not in a difficult financial position, you may want to consider holding on to the diamond engagement ring and passing it down to your daughter. Not so much as an engagement ring, but as a symbol of the love that you and your husband onced shared, this love produced the most valuable treasure that you have in your life, her.
- Most of all, Contact Sell Diamonds for the best cash price. We are the highest paying diamond buyers in Australia.
