Buy Used Engagement Rings

Purchasing used engagement rings can seem somewhat taboo for a number of reasons: some think they carry bad energy or bad luck because of their previous owners; some think these rings are inherently subpar in quality; others simply think these rings are dated and tacky.

buy used engagement rings

Myth #1: All used engagement rings carry bad energy. Why would I invite that into my marriage?Mythbuster: Not all used engagement rings come from people recovering from broken engagements or marriages. Many come from couples who are still together and just want a different ring. Some come from inherited family jewels. There are even some that could be new but were sold by retailers at a discount so they could get rid of stock!

While, certainly, a small number may come from failed relationships, they are in the minority. In reality, people often sell their engagement rings so they can use the money to upgrade to another ring with a bigger stone, or use the money for other things, like to put into a savings account or to pay for a dream vacation.

Secondly, like we said, people sell their rings for a variety of reasons, some of which are entirely financial. Though some do choose to use the money to upgrade to a different ring, that often just means they want a different ring style, stone cut, or carat weight.

I am a romantic at heart and working at a jewelry store that has these types of stories behind many of our pieces, just adds fuel to my passion for vintage (used) jewelry. I will forever view estate, antique, vintage, retro, Art Deco, Art Nouveau jewelry as a way of carrying on a legacy.

Mike Fried has written hundreds of articles and helped answer more than 30,000 emails from our readers. This has given him a unique perspective on what information truly helps our readers in their quest for finding the perfect diamond engagement ring or piece of jewelry.

We recently did a secret test that of the major online options for selling your diamond. We purchased a diamond ring from Tiffany & Co for other purposes (making videos and keeping our reviews current) and used this as an opportunity to see what the other side of the business is like. Here are the results.

The ring we used was a 0.53ct round diamond in a classic Tiffany solitaire setting. We originally purchased it for $4,500. Obviously, we expected to lose a lot of money on the transaction. The question was, how much?Please note that we used a Tiffany ring for this test. Tiffany diamond rings are insanely expensive and very poor bang for your buck. That is the reason there was such a large gap between the amount we paid and the amount we were able to sell it for.

Please keep in mind that this test was done with a Tiffany & Co ring. Tiffany has an incredibly high markup for their rings. A ring like that in white gold from Blue Nile would cost about $1,350. A diamond ring like that would get you a better return. For example, Abe Mor said they would buy that one for about $800. That would mean a net loss of only 39%.

Selling on eBay or Craigslist is possible, and it may net you slightly more than selling elsewhere. However, pre-owned diamond rings rarely sell quickly (especially at near-retail prices), meaning you may need to wait for a long time before your ring finds a buyer.

Selling your engagement ring to a local jeweler or pawn shop may give you quick cash, which is important to a lot of people. However, keep in mind that brick-and-mortar jewelry buyers typically pay less than online buyers, so I recommend considering a reputable diamond buyer online like DiamondsUSA. Here are the top reasons why Diamonds USA is our No. 1 recommendation:

DiamondsUSA is the also the best option for selling your wedding rings of gold and platinum. Actually, DiamondsUSA and its sister sites, CashforGoldUSA and CashforSilverUSA, can help you sell the following:

While over time, diamonds have historically risen in value from a retail price point, do not expect to get your money back on an engagement ring. Typically, resale value of fine gemstone jewelry is one-third to one-half of what you pay for it. In recent years, diamond prices have fallen, making now a good time to sell before prices drop further.

A 1-carat diamond and gold engagement ring will fetch resale prices ranging from $1,000 to $5,000, depending on the cut, quality and setting. Platinum setting and large side stones can mean higher prices, as can name brands like Tiffany or Cartier.

Overall, I am a huge fan of selling your engagement ring in the event that your relationship ends, and I did so myself. The owner of the engagement ring is typically the women, so you are free to sell it when you divorce.

How about you? Do you still have your engagement ring? Or did you resell your wedding ring, give it away, turn it into a necklace, or throw it out the car window into a ditch on the way home from the court date finalizing your divorce? Do you feel you understood the true resale value of your jewelry?

Finally, the Golden resident boiled it down to two options: Buy a new ring or give Kelli a family heirloom, the diamond engagement ring his grandfather had given to his grandmother before they left Ireland to start a new life in the U.S. They were married more than 50 years before death parted them.

Discover stunning vintage rings in our Second-Hand Engagement Rings collection. Here at T.H. Baker, we have an impressive selection of pre-owned diamond engagement and wedding bands to choose from. You can also find some unusual pieces hidden in our collection, including rare yellow diamonds.

Another important factor to consider is the fact that second-hand engagement rings are more ethically sound and have less of a negative impact on the environment. Mining for diamonds, gold and other precious metals has a detrimental effect on not only the environment but, in some cases, human rights in the areas they are mined. By choosing a second-hand engagement ring, you are not contributing to the demand for newly-mined materials and therefore not adding to further environmental destruction.

Here at Miltons Diamonds, our in-house team of gemologists hold official DGA and FGA qualifications, so you can rest assured that our second-hand engagement rings have been expertly checked for authenticity and quality.

While there are benefits to choosing a brand new ring, second-hand engagement rings offer many of their own advantages to consider and can broaden your options when searching for the perfect ring. Once you know what to look for when assessing quality and authenticity, a second-hand diamond ring could make a unique and special choice for your loved one that will last the test of time.

Cluster rings have seen a resurgence in popularity over the last few years, mainly thanks to high profile celebrities such as Jessica Biel and Princess Eugenie sporting the beautiful style on their own ring fingers. Made for capturing the attention of all who see it, diamond cluster engagement rings sparkle so brightly thanks to their design. With a stunning diamond in the centre of the ring, the main stone is encased by a halo of smaller gems to create a beautiful, dazzling look.

There are 4 key disadvantages to jewelry buybacks. There are also several minor details that you need to know before you decide to trade in a diamond engagement or wedding ring (or diamond earrings, pendants, necklaces or tennis bracelets). It pays to actually read the terms and conditions before you visit a store.

In 1477, Archduke Maximillian of Austria commissioned the very first diamond engagement ring on record for his betrothed, Mary of Burgundy. This sparked a trend for diamond rings among European aristocracy and nobility.

Over the years, the most popular cut for diamond engagement rings has always been the round brilliant, consisting of 58 facets that divide the stone into a top and bottom half. Runners up include the princess cut, the emerald cut, and the oval cut, with the cushion cut quickly gaining popularity as a recent trend.

When you buy a new diamond ring on the luxury retail market, you pay luxury retail prices. And the truth is that the markup on engagement rings is exceptionally high. Mall jewelry chains charge the highest markups (and tend to carry lower-quality diamonds, to boot).

Specialist buyers, like WP Diamonds, employ trained and certified gemologists who know how to accurately value a diamond ring. They will assess what the diamond is worth and what the ring as a whole is worth, as well as any wedding rings.

As professional diamond buyers, we provide a free, streamlined selling process that can take as little as 24 hours. We buy your engagement ring directly, no fees or commissions deducted. Sell your luxury jewelry, handbags and watches for cash or store credit, with a 10 percent increase when you opt for store credit. You can feel confident in our trust guarantee, A+ Better Business Bureau rating and over a thousand positive customer reviews.

Our service is not only free of charge, but there is never any obligation to sell. While selling at auction houses or through online listing platforms can take months or even years, our service is designed to take as little as 24 hours from start to finish. This is because we buy your engagement ring directly, with no middle-man involved.

When you sell to the experts at WP Diamonds, you can rest assured that you are getting the highest offers. For example: For engagement rings from elite names like Tiffany, Cartier and Harry Winston, many jewelry buyers will offer only the value of the stone. They will often try to pay only for the scrap value of the setting. Whereas we value the integrity of the entire piece.

An engagement ring, also known as a betrothal ring, is a ring indicating that the person wearing it is engaged to be married, especially in Western cultures. A ring is presented as an engagement gift by a partner to their prospective spouse when they propose marriage or directly after a marriage proposal is accepted. It represents a formal agreement to future marriage. In most Western countries, engagement rings are worn mostly by women, and rings can feature diamonds or other gemstones. The neologism "mangagement ring" is sometimes used for an engagement ring worn by men. In some cultures, including Northern Europe, both partners wear matching rings, and engagement rings may also be used as wedding rings. In the Anglosphere, the ring is customarily worn on the left hand ring finger, but customs vary considerably elsewhere across the world.[citation needed] 041b061a72