Selling engagement ring

posted 2 months ago in Relationships
Post # 2
Member
1617 posts
Bumble bee

I’m sorry bee. That’s tough.

Without knowing specific details about your ring, I’d say you can expect less than half of the original price, probably a lot less than half. Because it’s Tacori it might sell for a decent amount but I’m honestly not sure. A lot depends on the design of the ring and the specs and all that and whether the diamond is certified. 

It might not be worth it to sell it- find out what the retailer would offer you and go from there. Have you thought about putting the diamond in a necklace and setting your birthstone in the setting instead? I’m not sure how the cost would compare but it might be worth looking into

Post # 4
Member
3942 posts
Honey bee
  • Wedding: April 2007 - City, State

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pinkglitter2017 :  I sold a few rings on Diamond Bistro.. But keep in mind you’ll get maybe 1/4 the amount it was, sometimes a bit more or less. I never mind getting less cause I had worn each ring I sold for awhile. So I got my money’s share of use from them and then sold them 

Post # 6
Member
2248 posts
Buzzing bee

I did what neverbeenstungbee suggested. I found a local jeweler who did a great job. Changing out the center stone of my ering completely took away any kind of feeling I had about it. I love my new ring and necklace!

Original ring:

New ring:

New necklace:

 

 

 

Post # 8
Member
7409 posts
Busy Beekeeper

I’ve bought/sold jewellery on loupetroop and diamond bistro and I’m in Canada. Shipping is just more expensive if youre sending it to the US, but it opens up a bigger market. Tacori is a well known brand, so you may get some traction with it. Do you have an average ring size? You may even want to look at selling the stone and setting separately, if someone just wants the setting for their own stone. 

Post # 9
Member
251 posts
Helper bee
  • Wedding: May 2020

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katebluestone :  omg I LOVE the necklace!!! It’s amazing!!

Post # 11
Member
2248 posts
Buzzing bee

pinkglitter2017 :   I found the necklace setting online – it came with the smaller diamonds. They just had to order the correct head size on the pendant to hold my diamond.

The ring was $395 for the 7mm Chatham sapphire, $75 for a new white gold basket and $120 labor, so $590 total.

I can’t remember how much the pendant was and can’t find my receipt, maybe $250? I already had the gold chain shown in the photo.

I had some old 14k gold items that I didn’t wear anymore, and ended up trading them + about $100 for the items above.

Post # 12
Member
242 posts
Helper bee
  • Wedding: City, State

Going against the hive here, and I apologize that I don’t know your history. But personally I would say that unless the breakup was nasty and HIS fault (i.e. infidelity) I would return the ring back to the person who gave it to you. It should be up to him to decide to sell it. Like I said, for obvious reasons if the engagement ended because of something disgusting he did, then he looses that right. But if it was a mutual break up or your idea, why wouldn’t it go back to him to decide if he is the one that bought it?

Just realized I am assuming the person who you were engaged to paid for it. Obviously if that is not correct then disregard what I said. 

Post # 14
Member
3970 posts
Honey bee
  • Wedding: November 2019 - Canada

I resold a wedding set (also in Canada) a couple years ago and took a huge loss. I just sold it on FB and got $600 for it (appraised at $4K). The store the ring was purchased at offered to sell it on consignment; they list them for 30% of their appraised value and you get half the money… so 15%. They said that’s very common for used jewelry and it lines up with what I was offered when I looked into other avenues. 

Post # 15
Member
242 posts
Helper bee
  • Wedding: City, State

View original reply
pinkglitter2017 :  Got it, then I agree to do what you want with it! I like the idea of a necklace or resetting it. ๐Ÿ™‚

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