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Relationships

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Selling wedding/engagement ring

9 replies

OhEmGee24 · 15/07/2012 14:31

Oh and a diamond necklace from inlaws. How do I go about it? I am NOT going to go down the route of "cash4gold" type floggers. Can anyone recommend a reputable jewellers who will value/buy diamonds, please?

OP posts:
izzyizin · 15/07/2012 14:49

Hang about... aren't you all loved up on another thread? Hmm

Is this the haul from a previous relationship you're intending to dipose of? What gems are you planning to extract get from your current squeeze? Grin

No jeweller is likely to give you anywhere near the true value of the pieces and you may be best advised to sell privately - depending on the style/setting possibly at a specialist auction with an appropriate reserve.

OhEmGee24 · 15/07/2012 14:51

Yep loved up! And want to bin all traces of my ex. Blush

OP posts:
fergoose · 15/07/2012 14:53

I am selling mine at a local auction house - the estimate they have given seems reasonable, just hope it achieves that in the sale.

izzyizin · 15/07/2012 14:54

You can bin the traces by sticking the rocks in a safe and letting them appreciate in value.

Think of it as him funding part of a pension plan for you especially as he's unlikely to have been good for anything else Grin

OhEmGee24 · 15/07/2012 14:58

Annoyingly iz, you're probably right Grin

OP posts:
izzyizin · 15/07/2012 15:00

Before you make any decision, take the pieces to any reputable jeweller and have them appraised for insurance purposes and valued for sale.

If you ntend to use an auction house, make sure they're entered into a sale of jewellery rather than offered in a general auction of all sorts and make sure that the reserve takes into account the fees you'll incur as a vendor.

izzyizin · 15/07/2012 15:02

Diamonds are a girl's best friend, honey. When they ask what I'd like for Christmas/birthdays, I'm never stuck for ideas Grin

IvanaHumpalot · 15/07/2012 21:00

You'll be offered a shockingly low amount for them. Have them re-made/set and enjoy wearing them. They are rocks and metal not the man.

bouncyagain · 15/07/2012 23:27

My new DP and I plan to take our respective rings to a jeweller and sell them. I don't really care what we get for them. We each want no reminder of our ex DPs. The process is more important than the cash. I certainly would not want to re-use the gold - we will spend the money (such as it is) on a meal / night away etc. Something that we will never need to keep.

We are going to do this together. This is important for us.

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