If you have time, do some comparison shopping, too

Where to Sell Your Diamond Ring

cheap replica handbags Potential high replica bags Buyers for your Ring: Retail JewelersAs I mentioned replica bags online in previous posts, a used engagement ring can be a tough sell. You paid $5000 for it in 1997; it was appraised for $11,000 recently. Maybe you can double your money! Not so fast. cheap replica handbags

Designer Replica Bags Retail jewelry is an expensive business, and the markups are often (not always, but often) justifiable. MOST RETAIL JEWELERS DO NOT BUY BACK DIAMOND RINGS, PERIOD. Designer Replica Bags

aaa replica designer handbags The worst retailers are the ones that will tell you that luxury replica https://www.i-eluxuryhandbags.com bags you “ought to get $XXXX” from the ring, replica designer backpacks but gee whiz, not from them not from their jewelry store. aaa replica designer handbags

replica handbags china Here’s a little scenario: A jeweler buys a new ring from a supplier for best replica bags online $2500. She puts a sign on it 7a replica bags wholesale that says $10,000 and sells it for ‘half off’ at $5000. She appraises it for $12,000. Everyone’s happy. replica handbags china

wholesale replica designer handbags Two years later, the couple splits up. The bride comes back best replica bags to sell the ring replica bags for its ‘appraised value’. She’ll probably understand when the jeweler declines to pay more than she charged the client for the ring a few years back. wholesale replica designer handbags

“How about giving me what I paid for the ring?” Most sellers understand that we’re in business to make a profit, but most consumers are shocked to find out that bricks and mortar retail stores can’t offer you $4500 on a ring that you bought for $5,000. Remember, the NEW price on the ring, from the manufacturer to the retailer, was $2500. Now, it’s ‘used’. It may need repairs, and it will almost certainly need some restoration before it’s resold. It may be out of style, too.

Replica Bags Can the jeweler offer $2500, the manufacturer list price, for this used ring? Probably not. Despite increases in the price of gold, the ‘secondary diamond market’ (used diamonds) is glutted. And you, the buyer, most often lose all the labor and craftsmanship costs for the ring when it is resold. Your ring is “used” whether it’s been worn or not. When you buy a ring, you pay for all the labor that goes into making it. When you sell a best replica designer bags ring, unless it’s signed Cartier or Tiffany, it’s just the diamonds and the precious metal value. Picture, instead of a ring, a buy replica bags pile of gold and a loose shiny rock. That’s what most people are selling, whether it’s swirly or ornate replica bags china or made by the cheap designer bags replica nicest goldsmith in town. Replica Bags

When the jeweler offers you $1500 for your $5000 ring, you are going to be upset. Most jewelers high end replica bags avoid unpleasant conversation (and losing a future buyer) by turning sellers away.

Designer Fake Bags THESE WORKPLACE POSTINGS and FAMILY SALES tend to work best BEFORE a JEWELRY HOLIDAY! (Christmas, Valentine’s Day, Mother’s Day, etc.). Mention the upcoming holiday in your bulletin board posting. Designer Fake Bags

Post a photo and accurate description, (see my previous post about how to describe your ring).

high quality replica handbags You don’t even have to put your name on good quality replica bags the listing. If you have a big diamond for sale, it could be worth it to buy one of those cheap cell phones, and put rip off tabs with the phone number at the bottom. “Calling about the diamond ring? Leave your number and I’ll contact you.” high quality replica handbags

Potential Buyers for Your Ring: Pawn ShopsPawn shops not only pawn rings, they also buy outright.

KnockOff Handbags If your diamond is small and imperfect, and no one in your workplace or family wants the ring, this may be your only choice to cash out. KnockOff Handbags

That $5000 may net you less than $500 from a pawn shop, however. Brace yourself. If you have time, do some comparison shopping, too. Find a pawn shop with someone who is more skilled at diamond grading if you can.

replica Purse There are some pawn shops that specialize in bag replica high quality jewelry. Call. Ask. Used to be that pawn shop owners would instruct their clerks to pay “a dollar a point” ($100 for a nice 1 carat), but pawn buyers these days can be very savvy, and a few are surprisingly competitive. replica Purse

purse replica handbags Potential Buyers: Wholesale JewelersLegitimate wholesalers buy rings all the time. Wholesalers always insist on proof of ownership, and we’ll walk you through the buy replica bags online process, including managing expectations. purse replica handbags

Handbags Replica WHOLESALE JEWELERS WILL NOT OFFER YOU THE HIGHEST PRICE, because we have to sell to jewelry stores at levels below manufacturers. But if high quality replica bags you are looking to liquidate, and you don’t have the patience to wait for months, and you are concerned about privacy or security, you can walk your diamond ring into a legitimate wholesaler and walk out with a check. Chances are excellent that a wholesaler will give you much more than a pawn shop. Handbags Replica

Replica Handbags PLEASE NOTE THAT I AM RETIRED AS OF 1/1/2015. I NO LONGER BUY DIAMONDS. Replica Handbags

Fake Handbags Potential Buyers: eBay, Craigslist and Online MarketplacesI used to sell on eBay, but I haven’t sold diamond rings in that forum for years. If you are a member of eBay, put in the variables for your diamond ring, go to ADVANCED options, and check out SOLD ITEMS. You can list a one carat diamond for $25,000 if you want; good luck getting buyers at that price! The GREEN prices on the SOLD ITEMS category on eBay will give you a realistic impression of actual sales in that venue. As a seller, be prepared for complaints. If, however, you have something very unique (always a plus on eBay!), you might get lucky. Fake Handbags

Fake Designer Bags I’m not qualified to evaluate Craigslist. I tried to sell some diamonds and Yogo Sapphires on Craigslist a couple of years ago, and I got some enthusiastic buyers who wanted me designer replica luggage to take credit cards from Florida, and ship the items to Singapore. Yeah, right. If the buyer is LOCAL, they might be serious. Fake Designer Bags

Wholesale Replica Bags Once, many years ago, I consigned a 3/4 carat diamond from a divorced woman. After a couple of months, when it didn’t sell, she came back and insisted, despite a ‘plot’ on her receipt, that I had switched diamonds on her. When high quality designer replica she left in tears, I was a nervous wreck. Wholesale Replica Bags

When she came back with the police, I was furious. I was able to demonstrate, via an accurate plot, that it was either her diamond, or the “evil replica bags buy online twin of her diamond”. (This didn’t get a laugh).

Replica Bags Wholesale I used to buy. If you replica bags didn’t want to sell it to me, you took it replica wallets with you. (I’m retired now). Replica Bags Wholesale

Replica Designer Handbags The moral of consignment is: GET A PLOT. Check replica designer bags the diamond under the scope. If you have a VVS clarity diamond that’s not inscribed, and you don’t trust the jeweler, for aaa replica bags goodness’ sake don’t leave the diamond there. Replica Designer Handbags

Consignments are likely to yield a better return, but you MUST be patient, and you might wind up pulling the diamond from the jewelry store to sell to a best replica designer wholesaler (I’d say about 1/3 of my diamond buys came from failed consignments) replica designer bags wholesale.

Posted in Uncategorized.

Leave a Reply

Your email address will not be published. Required fields are marked *