Where Can I Sell My Diamond Engagement Ring for instant cash?

Jenny Terry
3 min readSep 28, 2021

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Diamonds are eternal and a girl’s best friend. But some situations warrant the necessity for selling your jewellery to engagement ring buyers near me.

Even though a diamond ring is a fabulous addition to your bling collection, you may want to sell it. The reason is not hard to fathom. When you sell your diamond engagement ring, you raise cash in a quick time. You can utilize this cash for any urgent need like a medical emergency, paying off a loan, or any other pressing need.

Where Can You Get the Best Price for Your Diamond Engagement Ring?

It’s tempting to go for a quick and easy sale when selling your diamond ring. However, doing so may result in you receiving far less than you deserve.

Suppose your diamond ring has at least a half-carat centre stone and is expected to sell for more than £6000. In that case, it can be listed on various online marketplaces where hundreds of qualified buyers can bid, potentially increasing the selling prices.

The price you’ll get when you sell your diamond engagement ring is highly dependent on where you sell it.

You Can Sell Your Diamond Engagement Ring on These Avenues-

1 — A local jeweller or a diamond exchange

2 — Local Cash for diamond/jewellery store

3 — A specialist diamond buyer

4 — Online marketplaces

5 — Professional online jewellery buyers

6 — Direct Buyers

7 — Pawnshops

How Much Will Your Diamond Engagement Ring Fetch?

A diamond ring, like everything else, is only worth what someone is willing to pay. Be aware of this fact when you Google “Where can I sell my engagement ring near me”.

A diamond’s resale value varies greatly based on its carat weight, colour, cut quality, clarity, and other criteria. New diamond prices have been rather consistent over the last five years, despite the popular contrary belief, diamonds are not a long-term investment.

When selling your engagement diamond ring, it is crucial to consider the 4Cs, its purchase and resale price, the grading certificate, and if it is appraised.

Bottom line: the size and quality of the centre diamond are the most important factors in deciding the amount you will pay the price and not the ring setting.

So How Will You Profit Instant Cash With Your Diamond Engagement Ring?

The type of jewellery determines the best place to sell your diamond engagement ring. If you have a unique ring design, you may sell it for a greater price at an auction or through a vintage jewellery store. If you have a beautiful diamond with an old band, you might want to take it to a diamond specialist.

To Sum It Up

Many prefer local jewellers or pawn shops for instant cash, but it is ideal for checking with all the sources before selling your diamond ring. In any case, it is important to evaluate few quotations from different jewellers and then choose the best offer.

Contact with WeBuyDiamond team for you deal!

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Jenny Terry
Jenny Terry

Written by Jenny Terry

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