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Any jewelers- Diamond ring resale value
Posted on 8/21/22 at 6:42 pm
Posted on 8/21/22 at 6:42 pm
What is the best way to sale jewelry and what can I expect to get for it? According to the papers it's "retail value" is $7500 but what would someone likely pay for it?
26
Posted on 8/21/22 at 6:42 pm to RandySavage
Sorry baw…you’re about to get hosed again
Posted on 8/21/22 at 6:43 pm to RandySavage
Posted on 8/21/22 at 6:45 pm to RandySavage
quote:
What is the best way to sale jewelry and what can I expect to get for it? According to the papers it's "retail value" is $7500 but what would someone likely pay for it?
Maybe 1.5k. Maybe
Posted on 8/21/22 at 6:45 pm to RandySavage
quote:
Diamond ring resale value
They are worth a lot when you buy one. Ain't worth shite if you are trying to sell one.
Posted on 8/21/22 at 6:47 pm to RandySavage
I had one that appraised for $3,500 nobody wanted to buy it, I ended up getting $800 from a guy in Lafayette that buys diamonds. The jewelry industry is the biggest scam of all time
Posted on 8/21/22 at 6:48 pm to lsugolfredman
Diamonds are not rare. Companies keep them locked away and only release 1/20th of them to keep supply down. So glad my wife hates jewelry. Diamonds are a waste of money.
Posted on 8/21/22 at 6:52 pm to RandySavage
You will be lucky to get $1000
Posted on 8/21/22 at 6:53 pm to RandySavage
take out the diamond and get it reset for the next fiancé
Posted on 8/21/22 at 6:54 pm to jamiegla1
quote:
take out the diamond and get it reset for the next fiancé
Tell her it is your grandmothers diamond. Makes it even more valuable.
Posted on 8/21/22 at 6:55 pm to RandySavage
Posted on 8/21/22 at 6:57 pm to RandySavage
I paid 12.5k for a ring for my now ex wife at Christmas. The following July she sold it for $1800.
I was more pissed about that then our impending divorce
I was more pissed about that then our impending divorce
Posted on 8/21/22 at 6:58 pm to RandySavage
Went through this and had the help of a buddy who has a family jewelry business. This is going to sound fricked up but you are going to get 10% to 15% of the retail / appraisal value. Crazy.
Posted on 8/21/22 at 7:00 pm to RandySavage
30% of retail value is what you may get
Posted on 8/21/22 at 7:03 pm to RandySavage
If that diamond doesn’t have a GIA grading, it isn’t worth much
Posted on 8/21/22 at 7:07 pm to RandySavage
No about $350 yet?
Posted on 8/21/22 at 7:17 pm to RandySavage
Did you insure it? Worth more stolen than if you sell it... sad but true.
Posted on 8/21/22 at 7:19 pm to RandySavage
quote:
Diamond ring resale value
You'll be very disappointed.
The entire diamond industry is a gigantic racket. The less you deal with it, both buying and selling, the better off you'll be.
The hard part is convincing your woman.
Posted on 8/21/22 at 7:20 pm to RandySavage
Call it “estate jewelry” and get a premium. Just take it out of the Zales box first.
Posted on 8/21/22 at 7:21 pm to armsdealer
They'll just replace the ring and he's back to square one. They aren't giving him cash
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