What’s the best way to sell three large diamonds in my ring?
February 17th, 2005
Dovie asked:
I have a 5.5-ct round that is very good quality, as well as two 2-ct pear-shaped diamonds. I had them appraised in 1992, but nothing since. I need the money now and I have to seel the ring, but I don’t want to give it away for less than its worth. Any practical ideas? I live in Dallas, Texas.
I have a 5.5-ct round that is very good quality, as well as two 2-ct pear-shaped diamonds. I had them appraised in 1992, but nothing since. I need the money now and I have to seel the ring, but I don’t want to give it away for less than its worth. Any practical ideas? I live in Dallas, Texas.
Entry Filed under: Diamonds
1 Comment
1. Joe | February 18th, 2005 at 12:48 pm
You should get 2-3 prices from different jewelers if possible. They will often offer more if they know you are shopping around. Pawn shops usually do not offer top dollar. Buyers like to examine rings before buying, so you are unlikely to get a good price on E-bay.
Unfortunately, there is a tremendous mark-up between wholesale and retail prices for diamonds. Expect to get less than half the retail price when selling.
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