People decide to sell their engagement ring for various reasons.
The most common reason to do so is in case of a broken engagement or a divorce.
Usually neither individual wants to keep memory of the past.
Sometimes couples split the money and sometimes either individual en-cashes it.
There are a few reasons why couples opt to sell their ring.
Financial reasons seem to top the list of reasons to sell a ring.
An engagement ring generally costs thousands of dollars and getting cash from it would ease up financial debts like credit cards bills or personal loans.
Lack of Sentiment is another top reason for getting rid of that ring.
Many a times a ring may not be of a preferred style or design and in that case individuals would like to give it away and get some monetary help in the process.
Two more reasons to sell the ring are to change style or even upgrade to a better more favorite design.
There are many places couples or individuals and sell an engagement ring.
The following is an extensive list of places to sell your engagement ring.
Local classifieds Pawn shops Antique stores for vintage or heirloom rings Online classifieds (typically through local papers or news websites) Online auctions Estate Jewelry and Engagement Ring Buyers Different venues may offer different prices, and if time allows, the couple should shop around for the best deal before agreeing to a sale.
Selling your engagement ring is not as simple as deciding on a price and waiting for a buyer to come by, To be successful you need to research the market and see what is the price of similar rings.
Also, you may need to get an appraisal if your ring is not Certified by a Laboratory like GIA, IGI or EGL.
A resource that I know is useful is the following
The most common reason to do so is in case of a broken engagement or a divorce.
Usually neither individual wants to keep memory of the past.
Sometimes couples split the money and sometimes either individual en-cashes it.
There are a few reasons why couples opt to sell their ring.
Financial reasons seem to top the list of reasons to sell a ring.
An engagement ring generally costs thousands of dollars and getting cash from it would ease up financial debts like credit cards bills or personal loans.
Lack of Sentiment is another top reason for getting rid of that ring.
Many a times a ring may not be of a preferred style or design and in that case individuals would like to give it away and get some monetary help in the process.
Two more reasons to sell the ring are to change style or even upgrade to a better more favorite design.
There are many places couples or individuals and sell an engagement ring.
The following is an extensive list of places to sell your engagement ring.
Local classifieds Pawn shops Antique stores for vintage or heirloom rings Online classifieds (typically through local papers or news websites) Online auctions Estate Jewelry and Engagement Ring Buyers Different venues may offer different prices, and if time allows, the couple should shop around for the best deal before agreeing to a sale.
Selling your engagement ring is not as simple as deciding on a price and waiting for a buyer to come by, To be successful you need to research the market and see what is the price of similar rings.
Also, you may need to get an appraisal if your ring is not Certified by a Laboratory like GIA, IGI or EGL.
A resource that I know is useful is the following
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