(Closed) ANY SUGGESTIONS ON HOW TO RE SELL E-RING SETTING AND MATCHING BAND?

posted 5 years ago in Rings
Post # 3
Member
6661 posts
Bee Keeper
  • Wedding: May 2010

I’m in this position now too and haven’t found a good way to re-sell yet. At first I tried to see what I could get for ‘trading in’ my setting to the jeweler who is making my new setting. It was so low that I thought he was trying to scam me. Then I brought my ring to a trusted family friend jeweler and he was so upset to tell me that he could only give me about $200 for it, even though I paid $2,500. The reason was he couldn’t sell the setting as-is since he couldn’t guarantee anything about it so he would be giving me scrap pricing, but actually less than scrap pricing since there are pave diamonds in it that need to be meticulously taken out. He said the pave diamonds are almost worthless for re-sale, which was really hard to hear.

I know there are websites where you can sell your setting and that is my next step. the only problem I’m going to face is that I also can’t guarantee anything about the ring, I don’t have an appraisal and other than the 18K stamp on the inside I don’t know anything about the specs. So I would need a buyer who was willing to purchase it for a steep discount but with no guarantees. At this point having an appraisal done would cost so much that I would barely make anything from reselling.

Post # 4
Member
571 posts
Busy bee
  • Wedding: June 2013

Why not go back to the store you purchased from and see if they will take the rings as a trade toward what you want in a ring?

Unfortunately, i dont think you will be able to make your money back. You can always try ebay and just set a reserve price, but people buying used rings are going to be looking for a deal.

Post # 5
Member
571 posts
Busy bee
  • Wedding: June 2013

Also, for what it’s worth, I think it looks beautiful!

Post # 6
Member
571 posts
Busy bee
  • Wedding: June 2013

Are you wearing 3 rings in this picture?

Post # 7
Member
676 posts
Busy bee
  • Wedding: February 2013

@mab0402:  I think it has a beautiful balance of elements! There is no way that center stone could get lost lol

Post # 9
Member
2440 posts
Buzzing bee
  • Wedding: September 2013

@mab0402:  you are going to lose money reselling it. There’s no way around that. Even though the materials involved have probably not changed much in value (aside from fluctuations in the market, which I believe have been trending up recently) there is no one who would buy a used setting at full value. That’s just how it is.

 

Good luck with everything! Hopefully you find in your next set a quality which you can love for the long haul. 🙂

Post # 10
Member
571 posts
Busy bee
  • Wedding: June 2013

@mab0402:  perhaps you don’t need a wedding band? Or maybe just a plain band. It appears you are wearing multiple rings.

Post # 12
Member
67 posts
Worker bee
  • Wedding: June 2009

@minniemluv:  +1

 

I agree that it very much has the appearance of delicate e-ring band of baguettes and two perfectly thin eternity bands diamonds flanking it.  It looks like maybe you had it all sodered together. AND ITS STUNNING!!!!

If you do want a wedding band maybe you could look at doing an ultra thin band like the center band in the e-ring or something less diamond heavy that would be a similar thin-stacking band concept. Or maybe wear your (matching) wedding band on your right hand. A lot of women with super statement e-rings will wear one or the other on their right.  It sounds like you will have to eat a lot of money if you choose not to use either of the two rings 🙁

Post # 13
Member
5400 posts
Bee Keeper

If you sell, try diamond bistro, idonowidont, craigslist, and the classifieds here. But be prepared to get much less than you paid. Used diamonds generally sell for 50-70% original price, but that’s diamonds. Settings are probably close to that percentage also but you may not get offers you consider to be good. Good luck!

Post # 14
Member
160 posts
Blushing bee
  • Wedding: July 1997

Have you thought of saving the setting and putting a beautiful colored stone in the center?  It would make an awesome rhr! 

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