Sell Diamond Rings for the Most Money - Trusted Experts (2024)

FAQs

How can I sell my diamond ring for the most money? ›

Selling to a trusted diamond and jewelry buyer will ensure you receive a fair price for your jewelry and are 100% confident in your decision. Having a trained GIA appraiser evaluate your diamond ring will ensure you receive top dollar and the most value for your ring.

While the factors above all influence the resale price of an engagement ring, in general you can expect to get 20-45% of the original retail price. If you sell your ring to a jeweler, this number will be affected by their markup. Larger stores will likely have a higher markup than your local independent jeweler.

It would be good to take your diamond ring to various pawnshops, and compare the prices offered by them. You can even go to the jeweler from where you have purchased the ring. Reach out to them and see what they have to say about the ring.

We guarantee 100% trade-in value of diamond* jewelry purchased at KAY towards a new piece. Your next selection must meet the minimum requirement of at least double the trade-in value. To ensure your peace of mind, our jewelry experts utilize an automatic Trade-In Evaluation System. Exclusions may apply.

The best time of year to sell your engagement ring for the highest price is during October, November, and December. During this period, more people are looking to purchase diamond jewelry for holiday gifts, so there is a higher demand in the market and prices tend to be higher.

A diamond's value is determined by its famous 4Cs: carat weight, color, cut, clarity. A value of a diamond is determined by an appraiser using these four dimensions while the value of a diamond ring adds the additional element of the quality of the band.

Diamond Valuer was created to explain the process of valuing a diamond ring to you and give you an estimated value of your ring based on that information.

Yes, the average diamond price has increased from 1960 to today.

As a result of the retail mark-up and the decline in diamond prices, the resale value is typically well below what you paid. Indeed, diamond jewellery will typically resell for 25% to 50% of the purchase price. And even less as a percentage of appraisal value.

Which diamonds have best resale value? ›

Certified stones will always fetch more than non-certified diamonds. Diamond Buyer GIA certificate: This is the price range that diamond buyers would typically pay for diamonds that are GIA certified.

Using our diamond price calculator you can come up with an expected retail price and then multiply it by 0.5 to get to a resale estimate. That said, certain diamonds sell for closer to retail and certain sell for far less than retail price. This tends to depend on the size, quality, and retail value of the diamond.

Yes, you can sell a diamond to a jeweler. Diamond rings are a commonly sold jewelry item. Old engagement rings (from former relationships), family engagement rings, and the like can be sold to a jeweler, who can then sell the gemstone separately or place it in a different setting.

We guarantee that the item you trade will be valued for trade in at Zales at 100% of its original net purchase price. Trade-ins of in-store and online purchases are accepted at most Zales locations.

Resale Value: The resale value is how much you will get paid if you decide to sell the diamond. As a result of the retail mark-up and the decline in diamond prices, the resale value is typically well below what you paid. Indeed, diamond jewellery will typically resell for 25% to 50% of the purchase price.

There are some cuts that are more timeless than others, and investing in one of these pieces can help the ring hold its value for longer. Think about getting a popular cut like the round brilliant, princess, emerald, oval, or radiant cut.