Post # 1
Hi bees! I’m hoping that some of you can help. I have a right-hand diamond ring that I never wear anymore. I was hoping to sell it to have a little extra money for Christmas gifts this year. I took it to a jeweler this past week and they quoted a price that seems WAY too low. I do not expect to get anywhere near the appraised value, but was hoping that it would have some resell value.
Here are some specks- (It was just appraised, NOT certified)
The ring is 14K white gold and the round center stone is .5 carats, excellent cut. The color is F and the clarity is VVSI. There are also 5 VERY small diamonds in the band.
How much should I expect to get?
Did any of you have better luck with a certain type of jewelry buyer (pawn shop, jeweler, etc…)?
Post # 3
I’m no expert, but my thought would be even though the diamond is of good size and quality, chances are any jeweler/pawn shop just will buy it for the gold weight. That may be why its a lower number than you were expecting.
Even though diamonds sell for a lot, they unfortunately don’t have much resale value. Honestly, I think your best bet would be to sell it through Ebay or Craigslist. I’m sure thats not ideal, but a non-jeweler would probably be willing to pay more, since the specs on it are good. Loose diamonds of similar quality are about $2200 on blue nile, but again thats the retail price. I think you could probably get $500-$750 on it, depending. Probably less if its craigslist. I hope this helps.
Post # 4
Try exboyfriendjewelry.com Or IDoNowIDont.com , you might be able to sell it there for closer to what it’s worth. Good luck!!
Post # 5
@llm1210: was also about to suggest exboyfriendsjewelry: both my cousins and me had great sales there (and found other stuff we liked!)
Post # 6
Thanks for the advice! I guess I’ll look at selling it online. The jeweler I took it to definitely buys diamonds (and looked at the diamond in a loop). He offered $150. I was hoping to get around $500-750 which I don’t think is unreasonable for a diamond that size.
Post # 7
It is really tough to resell jewelry. Lots of places will only pay you for the gold!
Post # 8
I would suggest diamondbistro.com. Pricescope.com has a forum as well where you can post jewelry for sale!
Post # 9
- Wedding: January 2013 - Harbourfront Grand Hall
I sold a RHR to a pawn shop for $30 (bought for $300), next time I had a ring to sell I put it in a garage sale and it got STOLEN. I have had ZERO luck re-selling jewelry.