How Much Can I Sell My Wedding Ring For
But, there are some factors involved when pricing a wedding ring/diamond that can help either increase the amount you’ll get for it, or lower the amount you can expect.
When selling your wedding ring, what counts is:
- Where you sell it: Selling your wedding ring on sites like Craigslist and eBay directly to consumers is going to yield you a different result than if you sell at a pawn shop, or if you sell to a jeweler, or if you sell in an auction house. It matters where you sell your ring.
- The Gem’s Condition: The condition of the gems in your wedding ring both from when it was made and from wear and tear will increase or decrease the price. The GIA provides objective appraisals of gemstones , and describes the 4 C’s of a gem’s value: Carat Weight, Color Grade, Clarity Grade, and Cut Grade.
Ring With Particular Historical Value
Not so often, it happens that you come into possession of a valuable ring with the heritage. In that case, you need to dig deep for the documents to support the ownership of such a valuable item.
If you have a certificate of the ring origin or any proof that any celebrity wore it at least once, it will significantly increase its price. Your 14K gold ring will also be worth more than regular 22K or 24 K models if it has a famous jewelry designers signature.
The Difference Between A Diamond Appraisal And A Certificate
An appraisal is different than the diamond grading certificate that comes with your ring. A diamond grading report, like one from the GIA or AGS, provides details like Carat weight, Cut, Color and Clarity. A grading certificate does not provide a dollar estimate or value like an appraisal does.
Unlike the professionals at lab grading entities, appraisers dont have access to all of the equipment that laboratories use. In addition, despite the fact that there are appraisal societies and organizations, its impossible for them to be as uniform in their grading as a laboratory. In a lab, professionals are working for a single company under established guidelines and parameters. With appraisals, professionals can operate independently, or be affiliated with a small or large jewelry company.
For additional questions on diamonds or engagement rings, contact our experts.
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Best For A Bridal Ring Set: Worthycom
If you have a bridal ring set, these tend to do well on Worthy.com, with the prices achieved frequently being higher than would have been achieved with selling each of the items individually
While not every jewelry buyer wants to buy a ring set, by using Worthy you are maximising the likelihood that the buyers who do like sets will see it.
The added bonus is that you dont need to try to sell the two separately, making the transaction much easier for you.
What Is The Best Way To Get Top Dollar For My Old Wedding Ring
You could pawn it or hand it over for immediate payment at one of those roadside we buy gold stores. But unless you are in a rush to get cash for your old ring, we would advise you to send it to our testing labs for evaluation. A little patience on your part could result in a significantly larger payout.
Read Also: Buying Wedding Rings From Pawn Shops
The Weight Of Your Ring
When pricing your gold, you need to figure out how much gold is actually in your ring. The first step to doing that is weighing it. Depending on the style and size of the wedding band, the weight can vary from 3.4 grams to 5.8 grams.
At Express Gold Cash, we use frequently calibrated, high-precision weight machines to calculate the exact weight of your ring and other jewelry.
The New Rule For Engagement Ring Buying
Updated: by Financial Samurai
To all the ladies in the house, youre in for a real treat! To all the fellas thinking about proposing, maybe not! It all depends on how materialistic you are in the first place. Even if you are already married ladies, point your hubby to this article about the new rule for engagement ring buying and you might just get a ring upgrade!
So whats the new rule for engagement ring buying you ask?
Well before we get into the most obvious new engagement buying rule all of society should follow, lets discuss some of the current ridiculous engagement ring rules that must be thrown out the window!
Size And Bling: The Only 2 Things That Matter
OK, now that you have a rough idea of what your partner wants and youre ready to start looking, its time for some diamond-industry truths.
The diamond industry created the 4 Cs as a way for you to measure the value of a diamond. This is a helpful framework to evaluate a diamond but as soon as you learn it, you will realize how limiting it is.
Heres what I learned from my experience: When it comes to the diamond, 2 things actually matter: size and bling . In that order.
People get mad hearing this, but you should ask the experts: people whove bought diamonds. I remember a bunch of my guy friends at a bachelor party talking about when they bought engagement rings. Everyone will say they care about all kinds of different parts of rings, but when it comes down to it, size and the bling are the only things that matter.
Each married guy guys who had actually bought diamonds for their partners just nodded and laughed. They all knew it was true.
Theres a lot to unpack here, but Im intentionally not getting into the socio-political aspects of diamonds. This post is specifically about what I learned buying a diamond.
In short: Yes, you should do your research on the 4 Cs to get a feel for the terminology that will be used by your jeweler. And yes, its good to compare diamonds to each other. But ultimately, size and bling are the primary things that matter.
Some people find this distasteful. I found it liberating.
In other words:
Skip The Solitaire Center Stone
To give the illusion of a larger carat size, purchase a ring that’s made of several smaller diamonds rather than a solitaire. “Multiple-stone rings give a larger size impression on a smaller budget than purchasing one diamond of the same overall size,” advises Kane. “Side stones can really make a huge difference.” A multi-stone engagement ring is a great way to find a stunning ring without going over your budget. And you’re in luck if you go this routeâthe halo ring, a setting that encircles a center gemstone is on-trend, and it makes even a small center diamond look stunning .
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How Much Do You Tip A Bridal Attendant
Its not mandatory to tip the ceremony, reception and/or delivery staff, but if youd like to, offering $20-$50 each is usually a safe bet. Bridal attendant: This is someone who will be with you every step of the way throughout your big day. Need a hair pin? Itll be in his/her pocket.
Keeping this in consideration, Where does the personal attendant sit at a wedding?
Traditionally, the newlyweds sit in the middle of the table, with the bride seated to the grooms right. Same-sex couples can feel free to seat themselves as theyd like. For a male/female pattern around the table, seat the best man next to the bride and the maid of honor next to the groom.
Secondly Is it rude to not tip wedding vendors? Wedding Coordinator: While your PSB wedding coordinator never expects a tip, your wedding coordinator is a service provider who traditionally you should plan to tip. $50-$100 is a good amount. DJ: Your DJ is another vendor who may not expect a tip, but leaving one is actually customary!
Do you tip the florist at a wedding?
The florist doesnt expect a tip. However, if they do an outstanding job, you can consider giving them a 10 to 15 percent tip after services are rendered. Keep this in mind: Though tipping at weddings has become more of a custom in all service areas, it isnt mandatory or even expected by most wedding pros.
Where To Buy Wedding Rings
With the average cost of a wedding band established, we should be aware that ring size influences the cost. As such, its advisable to build your own rings or buy them online. Most jewelers online have options for free delivery. They also allow customization and are much more affordable as compared to offline stores.
- James Allen is a perfect jeweler shop to buy wedding rings online. Famed for his very affordable pieces and prompt delivery, youll find the rarest and most authentic pieces. James Allen rings are fully customizable and low cost. Buyers get the opportunity to design rings for their partners without the burden of financial stress.
- For the best cut diamonds, check out White Flash. We are quite hooked! White Flash carries the most beautiful of them all with cuts so unique and versatile. Their expertise with precise diamond cuts and blending of styles makes them the favorite spot for diamonds.
- The Blue Nile is another jeweler with a large array of rings. They have one of the biggest rings gallery leaving buyers left for choice. From antique to vintage, art deco to contemporary, minimalistic to modern, simple to extravagant. They carry the largest selection with divine styles to soothe every taste.
You mustnt spend as much as weve predicted the average cost of a wedding ring to be. You can save up to 50% if you follow these tips.
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We Almost Sell My Wedding Rings
When Paul proposed to me in June 2009 he presented me with a gorgeous engagement ring. It was a platinum band with a beautiful clear-cut diamond cast between two diamond baguettes. The proportions were perfect for me the diamond and band were not too wide or gaudy and the setting was not so high that I felt it would catch on everything.
And then I found out how the ring felt like it was made for me: Paul had designed it with the jeweler.
After deciding that it was time to propose, Paul spent several lunches with a jeweler on Buffalo Speedway to mold some metal and a stone into a beautifully shaped token of love.
I gladly accepted.
We did not want a long engagement so we began planning for the wedding almost immediately. I had not been saving for one as most of my teenage and young adult life I didnt think I was the marrying type. In fact, the only reason why I said yes was because it meant that I got to spend the rest of my life with Paul the rest of being married I figured we could work out.
Combined we were $25,000 in debt at that moment, we wanted to put a decent downpayment on a home, and we wanted to pay for our wedding in cash. All of this was to happen within the next 8-9 months. One day during a pragmatic conversation about finances and the wedding day I decided to throw out an idea he might be up for.
I think we should sell my engagement ring to help pay for the wedding.
Laws And Work With Law Enforcement
A misconception about pawnshops is that they buy jewelry from thieves. This is not true anymore with new laws and regulations in place.
Pawn Shops now require anybody obtaining a loan on an item to provide a government-issued ID. This is to make sure all names are tracked and scares away any thieves from selling to a pawn shop.
Pawn Shops all report their inventories to local law enforcement. This is a newer practice to keep everything more secure and accurate.
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The Sparkler Certainly Suits Her
It’s no secret that Meghan Markle has everyone under her sartorial spell. She seems to embody that rare mix of star power and attainability that has everyone completely transfixed and eagerly waiting with bated breath for the next peek at what her vast, color-matching wardrobe holds. From ultra-casual sportswear to curated and polished looks to wedding dresses that broke the Internet, this woman has proven time and time again that she has our full attention. Whether her magnetic reach sought you out from her coveted, office-appropriate ensembles on Suits or if the fascination began, en masse, with her quick foray into the ranks of royalty one thing is for certain: Nothing has been more widely searched, ogled, or analyzed than Meghan Markle’s engagement ring. And we’re totally here for it .
We’ve got the full lowdown on everything you need to know about Meghan Markle’s engagement ring. But, of course, we couldn’t stop there. We’ve also got the goods on the Duchess of Sussex’s wedding band, eternity ring, and any alterations or additions that were made since the original debut. Read on for all the royal ring tea.
How Much Should An Engagement Ring Cost
To summarize, an engagement ring should be within a budget thats comfortable for you and your partner. Throw out the 3 months salary rule and choose a number that helps you to stay in line with your life and wedding planning goals. Think through the elements that are most important to you whether thats a higher quality diamond or a custom ring design and work from there to determine a budget.
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Should You Have Your Wedding Ring Appraised Before Selling It
A jewelry appraisal is usually done by a certified appraiser who is also an expert in gemology. The document issued after the jewelry is appraised contains its theoretical .
Keep in mind that this number is likely to be much higher than the price of the piece as second-hand jewelry or scrap gold.
Although you most likely wont be able to sell your wedding ring for its appraised value, the appraisal document could help you get a higher price when negotiating with jewelers or auctioning the ring.
Generally, an appraisal will be helpful if you are going to sell your ring as a complete jewelry piece. If you offer a wedding ring to a gold dealer for scrap metal, the appraisal wont be of much use.