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When Selling Your Engagement Ring, Keep These Tips in Mind

When Selling Your Engagement Ring, Keep These Tips in Mind

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When Selling Your Engagement Ring, Keep These Tips in Mind All Entries

When Selling Your Engagement Ring, Keep These Tips in Mind

There is no better way to put a bad relationship behind you than selling your engagement ring. Once you're ready to part with your diamond ring, you willl need to find a buyer. Before placing an ad in the newspaper, keep these tips in mind. To sell diamonds, a little research can mean an easy sale and more money in your pocket.

Get an Appraisal

Getting an appraisal from a certified gemologist should be your first step. Knowing the value of your engagement ring means you can price it right. Without an appraisal, too many people sell their diamond rings for a fraction of what they are actually worth. Being able to show a certified appraisal to potential buyers will also assure them that they are getting a genuine, quality diamond worth the price. As an added bonus, appraisers may even be able to give you some pointers on how to sell diamond rings.

Don't Limit Yourself to Individual Buyers

Now that you have an appraisal in hand, you may be ready to take out that ad. By all means, advertise your ring, but if you don't find an individual willing to offer you a fair price, consider other alternatives. Companies that specialize in buying and selling gemstones are a great option, because fine jewelry is their business. These companies have established buying practices, a knowledgeable staff and fair market prices. Many also have certified gemologists on site, allowing you to get an appraisal and a buyer all in one stop.

Get It in Writing

Whether you are selling your engagement ring to a young couple through a classified ad or to an established jeweler, you'll want a bill of sale. Be sure that the receipt has a description of the ring, as well as specific details like carat weight and the cut of the diamond. If you are selling to an individual, ask the buyer to sign the receipt.

Engagement rings are often laden with emotion, but to sell diamonds, you need to get an objective valuation before finding a buyer. By following these guidelines, you'll have your ring sold for some cash to fund the next chapter in your life. For more information on selling your engagement ring, call (480) 949-9299 today to speak with the experts at Ralph Mueller and Associates.

 

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