Post # 1
Earlier this year, my fiance and I got engaged. We had designed a ring together, and it’s pretty, but it’s just not “me.” I want to get the ring either re-designed, or to sell it and just start fresh (which seems like it might be cheaper). The jeweler was a HORRENDOUS person and he made me cry in front of his customers, so needless to say I won’t be going back to him for any help with this. The ring is beautiful and I get a lot of compliments on it, but I only see the horrible jeweler when I look at it. I just want to start fresh with a new ring that is my style 🙂
The specs: The ring is a 3.74 carat Forever Brilliant Moissanite Center Stone, and it has a beautiful design on the basket setting, with a halo and shank with nearly flawless diamonds. It’s a size 6, and it’s white gold all over. No stones are loose, and it’s in perfect condition.
My questions are:
-The ring has an appraisal at $4,000 (done about 3 months ago so I know it’s accurate). Can I sell it at a similar price, or should I expect to get a lot less back?
-Where should I even start? I don’t really want to sell it for scrap gold, I’d rather sell it to someone who this could be their dream ring. Any ideas of places I can sell it, or places that I could trade it to for a different ring?
-What would you do? On one hand, I’ll have this forever so it should be something I love, and on the other hand, it pisses me off to have to spend another few thousand dollars for a re-design when the jeweler should’ve listened to me in the first place
Any tips/suggestions greatly appreciated!
This topic was modified 3 years, 10 months ago by Lyssie. Reason: Forgot to add pics
Post # 2
With diamonds, you generally can sell them for about 50% of what you paid. I imagine it is similar for moissanite, although there is probably less of a market. No way will you get anything close to the appraisal value.
Post # 3
No advice but just curious- how did a custom ring you designed end up not being “you”!?
Post # 4
- Wedding: March 2014 - A castle
Lyssie: Try listing it on diamondbistro.com and another site is IdonowIdont.com
As for the selling price, you’ll definitely have to take a loss on it. I’d probably list it for $2500-$3000. Then if I don’t get any takers I’d probably drop it down to $2k.
Post # 4
- Wedding: September 2014 - SPRING VALLEY COUNTRY CLUB
MrsBuesleBee: This is what I’d like to know.
Post # 6
You have to expect to get less back from what you paid. You’re going to lose money on selling it and having a new ring made. Like HannahGrace said, even diamonds only sell at a fraction of what one pays for them and there’s a smaller market for moissanite. How much you will get depends on who is looking and how much they are willing to pay for your ring. That would be the same for anything. If you try to sell for more than the market will bear, it will not sell
Diamond Bistro and Loupe Troop might be good places to start. I know some ladies sell from The Facet Lounge their moissanite rings there. You can also join TFL and post it in their Buy My Bling section to see if anyone would be interested.
I’d say go with your heart and what you think will be best for you. Maybe get advice from TFL ladies, they will be more knowledgeable. Honestly, consider not selling the ring. You could remove all the stones and have the setting remade. This might work especially well if all you’re after is a new setting but love the stones. If that is the case, my guess is you might lose less money doing that than selling for a loss and starting from scratch, since you’d only be paying for a new setting. but I am not experienced with this stuff.
Some commonsensical advice, even though I haven’t resold jewelry: if you are going to sell, be prepared to take the best quality photos and videos possible to market your ring and also to reduce the price if the ring doesn’t sell at the price point you want for a specified period of time.
MrsBuesleBee: absolutely_tati: The fact that I have some memory of this might be weird, but, if I remember correctly, in a previous thread she said that the design didn’t come out the way she had in mind when she was describing it to the jeweler (and potentially also the way it looked in the CADs) and the halo was larger than anticipated. She alludes to this in the OP, if you read the last sentence.
However, I think some ladies who are unhappy with their custom designs that did turn out the way they were meant to may have figured out that sometimes what we think we want and what we find out we actually want are two different things.
Post # 7
I totally understand it not being “you” because I’ve been there. Fiance and I designed my ring with a thin design in white gold and I ended up having it redone in a bit thicker custon yellow/rose gold mix. The white gold just didnt do it for me. I love love love my ring now with the yellow gold. Good luck trying to resell. Lots of people resell on Diamond Bistro and Loop Troupe.
Post # 8
It kind of sounds like she’s trying to sell it here on the boards (where it would get more traffic than the classifieds where she has to pay for a listing).
If she wasn’t trying to sell it here, why include all the specs?
Post # 9
You could sell it on diamondbistro.com and at best get maybe around $2000 . I know that sucks but diamonds don’t hold their value and I’m sure moissanite doesn’t either.
Post # 10
I think your ring is beautiful. It is unfortunate that you would want to part with it. It must have been that bad of an experience.
Post # 11
I think your ring is beautiful. It is unfortunate that you would want to part with it. It must have been that bad of an experience. I wish you better luck with the next ring.
Post # 12
TheMrsTulip: I wouldn’t jump to that. It’s probable she’s just trying to see if anyone can tell her what she might get for a ring with those specs…like she asked in the OP.
Lyssie: Neither diamonds nor moissanite are rare and that’s why neither stone holds its retail value.
The problem with diamonds is that unless they’re investment grade (large, flawless, colorless/vivid color if it’s a fancy color…the kind one might pay millions for) they’re not rare and when all those diamonds are flooding the resale market, the price per carat goes down.
Similarly, the problem with moissanite is also a lack of rarity. It’s man-made and therefore more can be and is made. Like diamonds, in the resale market the price per carat goes down in order to make a sale.
Think about it this way: there’s no reason for someone to pay you full price if they can get a similar stone and a new ring for that price. What do you bring to the table that someone can only get from your ring? If you could answer that sufficiently, perhaps you would find an interested party who would pay premium for it. As it is, you’re going to have to take a loss.
Post # 13
MrsBuesleBee: I’m kind of shocked at the fact that it isn’t “me” either…basically the jeweler didn’t listen to me at all. I told him I wanted the halo and the shank to have the same small diamonds, and he gave me two totally different sizes and I just think it’s a little “out there” for my styile. I wanted something more like this picture. Ultimately, once I saw the ring in person and saw how big the center stone was, I didn’t think it needed a halo.
absolutely_tati: see my answer above 🙂 I’d be curious too
TheMrsTulip: franklymydearidont is right- I wanted all the specs included in case people wanted to make suggestions on what I can sell it for. I figured it would save time to explain the ring instead of getting questions on the size, and if there is anything wrong with it
I think my next steps will be to go to a few jewelers and see what they can do for me with re-using the stones I have. I essentially want the same ring, but without the halo. So if I can get that for less than $1k I will probably go for that. If I end up selling, I’d love to know more about how these sites work- is it just “pay per listing”- or do they get a cut? Do they have insurance in case the package doesn’t make it to another place? Suggestions appreciated!
Post # 14
- Wedding: March 2014 - A castle
Lyssie: So are you planning on keeping the center stone of your ring and having the setting remade then? I think that’s probably your best option – they can even melt the metal down and reuse it, then I would ask if you could essentially trade in the pave diamonds that you have for smaller ones (it looks like what you want are half pointers). I would contact Schubach’s/RosadosBox (etsy)/David Klass with the two pictures (what you have and what you want) and see if they could do it for $1k with your materials you already have. I think it seems do-able.
If you were to sell the setting, when you ship something thru companies like FedEx, UPS, or USPS you just need to pay for insurance when you pay for the shipping. You’ll have to insure the package, or charge the buyer cost of insurance.
Post # 15
Lyssie: Did you ever get your ring re-done? I hope it turned out to be a dream. Also, I have an unset 3ct oval moissanite. It is NOT FB… and wondered your experience with your oval moissanite in terms of warmth, double refraction (visible) and the color contrast with your diamond halo.
Mine looks a little yellow, which I honestly don’t mind as I migrate toward OEC/OMC/Antique cut diamonds that are JKLM color anyway… but I want to set it in white gold (just my prefrence) and don’t want it to look strange.
*Disclaimer* – I am NOT trying to pass it off as a diamond. I know they are different stones. I only mentioned diamonds above as a color refrence.