Selling Your Diamond Engagement Ring: A Few Important Tips

Selling an engagement ring isn’t anything that anyone looks forward to, unless they are already at that point in their lives where there is no sense holding onto that ring which was once a cause of happiness, but has now become just a painful reminder of things best forgotten.

On the comparatively brighter side of things, it is quite possible that you might still be able to get a good load of cash for trading in that diamond, as long as you know the right place to do so. To help you make the most out of your present situation, here are a few important tips that will let you get the best deal on your engagement ring.

Round Cuts are the Best Cuts

There are a lot of factors that determine the price of a diamond, and the cut is one of the most prominent of those factors. Round cuts are the most preferred cuts in diamond engagement rings and therefore, they will fetch the highest price if you have one.

Marquise Cuts are Worth the Least

It might be hard to believe for some of us, but that old trend of the 90s is truly gone in 2019, because a marquis cut diamond is likely to fetch you the least value!

The Rest of the Cuts and What to Expect from Them

Princess cuts and cushion cuts are always in demand and will get you a good price, while the radiant cut might actually be even more expensive, when it’s perfect.

Emerald cuts, oval cuts and pear-shaped diamonds are in the mid-range category when it comes to wedding or engagement rings, so they will sell for a decent price as well.

Does It Have a GIA Certificate?

Did your ring come with a GIA certificate? In case it didn’t, it is still quite possible to get one if you have the receipt with the GIA report number. Just look it up on their official website.

Given that they are the only internationally acclaimed diamond rating and testing agency, it could make a huge difference in the price you get for that stone.

Do You Really Know a Genuine Buyer?

In order to get the right rate and the best possible price for your engagement ring, you need to find a buyer who not only knows and understands diamonds, but actually is honest enough to be trusted.

Speedy Diamond will provide you with a fast quote for your ring online, and will even wire you the money on the same day that they receive the ring from you. Most importantly though, they are a name you can trust, even as someone who is not an expert in diamonds. Here’s their site – https://www.speedydiamond.com/. Check it out to find the answers to all your questions regarding the insurance, delivery, payment, etc.

As you are reading this, it is quite likely that you are trying to leave memories of a painful past behind, and while cash may not help much with that, it will certainly help with the economic burdens that come with becoming single again, whatever the reason might be.

Leave a Comment