|1||Diamond specialist||$2,300 – $2,500|
|2||Local jeweler||$1,500 – $2,000|
|4||‘We buy gold’ store||$1,300 – $1,400|
How much can I sell my diamond ring for?
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.
How can I get the most money for my diamond ring?
Where can I sell my engagement ring for the most money?
- Local jeweler or diamond exchange.
- Local cash for gold/silver/diamond store.
- Local pawn shops.
- Marketplaces like Etsy and eBay.
- Professional online jewelry buyers.
What is the best way to sell a diamond ring?
Tips on How to Sell a Diamond Ring
- Be realistic regarding the value of your ring. As we’ve mentioned above, you won’t get back what you paid for your ring, even if it’s in flawless condition. …
- Avoid pawn shops. …
- Avoid local jewelry stores. …
- Do consider selling online. …
- Be prepared to wait if you sell privately.
Where can I sell my diamond for best price?
Where can I sell a diamond or diamond ring near me?
- A local jewelry store.
- Pawn shop or consignment shop.
- Diamond and gold exchange.
Why Diamond has no resale value?
But the truth stands: when you buy a diamond, you buy it at retail, which is 100% to 200% markup. If you want to resell it, you have to pay less than wholesale because the buyer is undertaking a capital risk. … Hence, there is no gainsaying that diamonds are anything but a solid investment.
How much is a 1 carat diamond worth?
According to diamonds.pro, a 1 carat diamond costs anywhere between $1,800 and $12,000. However, a quality diamond doesn’t just come down to size. When assessing stone value four very important factors are always taken into consideration – the four c’s of diamond quality: color, cut, clarity and carat.
Does Kay Jewelers buy back their jewelry?
Does Kay Jewelers Buy Back Jewelry? Kay Jewelers will buy used gold or platinum jewelry, including rings, through the mail-in Kay Gold Exchange program. Kay will buy used jewelry even if it is broken, but will not buy new jewelry.
Is now a good time to sell diamonds?
Now is a good time to sell. … While the timing may be right, selling your diamond can be a major headache. Unlike gold, which has a quantifiable melt value, resale prices for diamonds have no one objective measure, making it easy for inexperienced sellers to become confused and overwhelmed.
Can I sell my ring back to Zales?
Zales’ Gold Exchange Program
The program is online only; Zales stores cannot accept gold or platinum. You can’t sell jewelry that contains diamonds or gemstones. Any gems may be returned to you or they may be discarded; this is up to Zales’ discretion. To sell your jewelry, you’ll need to register online.
Can I sell my ring to a jewelry store?
Yes, you can sell your diamond ring at a jewelry store.
Before you visit your local jewelry store, you should contact the store first, just to double check.
Is it better to pawn or sell jewelry?
Pawning your jewelry is a really good option for two reasons. First, it’s great if you need money quickly but you also want to keep your jewelry. Second, because the pawn shop doesn’t have to worry about having to sell your jewelry, you’ll probably get more money. … Shop around at different pawn shops or jewelers.
What’s the best way to sell jewelry?
Selling your jewelry in person to a local shop may still be the best way to get the most money out of it. Here, too, you have lots of options, including coin shops, pawnshops, consignment shops and jewelers. The American Gem Society provides a list of local jewelers who buy jewelry.
How much are tiny diamonds worth?
Melee diamonds are small—between 0.001 and 0.2 carats—so they are not very valuable. The average price of a 0.50 carat diamond is $1,500, and the largest melee diamonds are less than half of this weight.
Is cash for diamonds legit?
Cash For Diamonds USA has a strong reputation within the diamond industry and has the ability to offer a high quality service. We found that their payouts were consistent with the highest paying diamond buyers, and the ability to live chat with customer service is a comforting feature for those with questions.
How much are real diamonds worth?
Diamond Price Chart
|Diamond Carat Weight||Price (Per Carat, Round Brilliant Cut)||Total Price|
|1.0 carat||$2,500 – $18,000||$2,500 – $18,000|
|1.50 carat||$3,300 – $24,000||$4,400 – $32,000|
|2.0 carat||$4,200 – $29,000||$8,400 – $58,000|
|3.0 carat||$7,200 – $51,000||$21,600 – $153,000|