Submitted by Chiefsquanto t3_ywszhb in providence
I have an engagement ring that I no longer am in need of, and I would like to sell it. Does anyone have a recommendation for a local jeweler that I should approach?
Submitted by Chiefsquanto t3_ywszhb in providence
I have an engagement ring that I no longer am in need of, and I would like to sell it. Does anyone have a recommendation for a local jeweler that I should approach?
thanks for the advice. Yeah I'd be happy to even just get half of what I paid, not expecting much. Just trying to get it off my hands once and for all!
Half is probably aiming too high honestly unless the market for it has changed. The diamond is basically worth nothing it's the gold the places will pay for.
How many carrots
Use "I do now I don't" (.com). I have no affiliation with them whatsoever but I bought the engagement ring for my fiance from them.....it's basically an online marketplace for used engagement rings/jewelery. I was able to contact the seller of the ring I bought, negotiate, and then purchase through the site. IDNID receives the rings from the seller, verifies the authenticity, and if everything is good they ship to the buyer with the official certification (American Geological Institute)
If it’s a mined diamond and not lab grown the resale value will be higher as an FYI
That's a clever AF domain name
thank you! I just listed it
when I was buying it I considered lab grown but I went with mined. not my best moral choice but good to know it is a better investment
Best of luck!
Enough to make a hearty stew
Rhode Island Antiques Mall in Pawtucket has on-staff gem and metal appraisers/buyers a few times a week, and they'll pay you cash for it which is a nice bonus.
Well I hope you’ve been able to move on and start fresh my friend. Good luck with the resale. One of the first steps may be to get it appraised if your original seller never gave you the appraisal papers for insurance.
I actually visited that store for the first time this weekend and it was incredible. I didn't even think about them, thanks for the recommendation!
thank you very much!
A friend of mine is a gemologist. When you sell it back to a jewelry store, they usually pay you scrap price for the diamond. They look up the value in a book with a table based on the 4 Cs - Color, Cut, Clarity, Carat.
They then pull it out of the setting, clean it up, and sell it at the retail price. That’s why most jewelry stores give you similar pricing.
Avoid chiefs in Warwick.
This is way better than hawking it on the sidewalks of Providence - - -
Bob mullen the third at mullen bros in swansea will give you a fair price
GotenRocko t1_iwl7tdl wrote
Well first off don't expect to get anything close to what you paid for it, engagement rings have a huge markup as they prey on emotions and sentimentalty. All the places around will give you around the same price I found when I tried to sell my brothers ring for him a few years ago. So go to a few and see who gives you the best price. Iirc pawn shops were a bit higher than jewelry stores. If you want to get more of your money back sell it yourself on Craigslist or marketplace, do cash only and meetup at the police station to avoid scammers. But again don't expect to get anything near what you paid for it.