Relationship Over - Engagement ring

[shitinmyhandsandclap]

Recently split with my partner of 15 years, I asked if he wanted the engagement ring back, he doesn't so I've decided to sell it

Anyone done this and can give me some tips or an idea of what I could hope to sell it for - it cost £2k, white gold band with diamonds

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Places like Tiffany can sometimes have a 500% (or more) mark up.

Please take it and have it valued before you sell it. It could be worth a lot more than you think.

This might sound odd but I'd recommend posting back to him. In the long run it will feel better, to have got it right out of your hair. If money is no object go out and buy yourself something beautiful like a beautiful watch or something afterwards. Harrods is good for that sort of thing.

I still wear mine
It’s the only nice thing he bloody gave me
I’ve rebranded it as my ‘having children ring’

Somebody I knew, advertised hers on the employees' for sale and wanted noticeboard, as "unwanted gift."

Please be aware there are 2 types of valuation - an insurance valuation will give you a value of what it would cost to replace an item like for like at current (new )retail price but has no bearing on what you would get if you tried to sell it. A valuation on the value of an item (or items) should you want to sell them would be much lower.

Been in same situation. Putting it in a local auction house after covid settles down is probably your best safest option. Also you may get someone who wants it for more than just scrap. You can always put a reserve on it.

I didn’t want to trust selling it through eBay, for the risk of dodgy/scammer buyer.

I tried my local Facebook group, and the only interest I got was one guy who wanted to come and see it. I googled him to check him out before meeting him. And discovered he’d only just been released from jail for burgling people’s houses, so I made my excuses and cancelled meeting him.

I traipsed around every jeweller in my town. They near all said they wouldn’t buy it, they get v twitchy about buying from a random member of the public, than a wholesaler. The couple that would, offered crazy low scrap prices.

Mine was originally a similar cost to yours, I sold it a similar amount of years after. I got about £800 at auction a few years ago. It did take being entered into their auction 3 times running before it sold. What it sold for was pretty much dead on the auctioneer’s original estimate he’d given me.

1.2ct is a large stone, is it one stone or lots? If one then you’ll get more than few hundred squid but guessing more stones

Ask how much you would get if you pawned it.
Ask how much - same jeweller/pawnbrokers to sell it.

Often you get more to pawn it. If that’s the case pawn it then don’t go back for it.

So my abuser ex paid 1k for mine

He got it valued for above this and I had the paperwork

Went to a pawnbroker in Tottenham and got 480 for it

Couldn't believe it

He spent around one hour checking it over and ringing people

Danced out of the shop!!!!!! ❤️❤️

I'm really surprised reading this that precious rings don't keep their value! My last engagement ring (the one I said yes to and now married to for 15 years 😍) cost over £5000 and it was second hand, if you excuse the pun. So maybe it's very variable where you go?

If you don’t need the money, donate it to a charity like a local hospice?

I’m shocked at the people throwing rings away. Please sell them and donate to charity at least. Someone will love the ring .

It's not a single stone, it's 7 small ones.

I called off the engagement, relationship over for a while, I'm happy just don't want the ring lol

I sold my first engagement ring after a short marriage. Went to the jeweller who sold it to us and exchanged it for lots of beautiful bits and pieces that I could (and still) wear every day. It was liberating and felt exciting. One necklace I wear almost every day. I hope you find some lovely things,. Don't sell at face / gold value. xx

My ex bought mine for £1,000 second hand from a jewellers, I had it valued for insurance purposes and was told that to replace it for new it was worth £2,500. It was however platinum and had its certificate of authenticity with all its details, not sure if you have this? I got £900 for it on Ebay.

My Mums engagement ring, gold with 1 small diamond and a few solitaires cost them £30 back in the day, its now valued at £600 and its not even very nice.

I think if it cost £2,000 new and is in reasonable condition you could probably easily get around £600 - £800 for it especially if its certified and you can prove its original price or insurance value.

Amazed by the number of people suggesting you keep it, I certainly wouldn’t be able to enjoy it!

Suggest you shove in a drawer for a bit then take round a few jewellers when they open again.

'Friends rat daughter' is one of the funniest typos I've ever read. I don't know why but its had me doing that annoying thing of laughing to myself while reading which drives my DP mad.

I've still got my old engagement and wedding rings. Bloody things cost nearly £2k and I was offered £125 for them both. Makes you sick really.

@shitinmyhandsandclap

It's not a single stone, it's 7 small ones.

I called off the engagement, relationship over for a while, I'm happy just don't want the ring lol

It will be pretty much worthless if it’s not one stone.

Have you got the receipt & box etc?
If so you could probably get half the price back on eBay.
I did that with mine during lockdown, the buyers paid cash on collection (SD) as they were local.
They wanted the receipt too.

The fact they are smaller stones, I’d tuck it in a drawer. Some time in the future yo may have a need for the stones to be used for a different purpose.

Otherwise, at the risk of sounding callous, you are not going to see much more than costume jewelry prices out of this as resale.