Ever Sell an Engagement Ring?
 

You could spend weeks reading on the corruption of the diamond industry, but the bottom line is that diamond rings lose tons of value after they walk out the jewelry store. Pawn shops and "We Buy Gold and Gems" places won't pay more than the melt value for the metal and pennies on the dollar for the diamonds.

My girlfriend has two rings from a dirtbag ex that she's asked me to get rid of for her. One originally sold for $8500 and one for $1000. Any idea how I can get the most for these two rings?

Pictures below in case you're interested:
https://imgur.com/a/Jvdj0wN
https://imgur.com/a/zZV7puo

I’d like to make you an offer but let me call in a buddy of mine first just to check everything out and make sure they are legit.

The original value is long gone. Getting 50% would be real good but that better be a nice diamond. Learn up on cut, color, clarity, etc. to learn the true "used" value. I'm not seeing any high numbers there based on the pics. And they are small. Small diamonds are cut enmasse usually without a care given to the C's. Auction will get you better worth sometimes. Now, if you just want the free money take what they offer.

The metal is worthless. The stones can be repurposed into another piece of jewelry with an all new meaning.

This is my go-to guy

https://www.denofgeek.com/wp-content...fit=1200%2C687

Prepare to be disappointed.

About tree fiddy

I'll send you an eggplant for them.

I flushed an engagement ring down a toilet once. It was simultaneously one of the dumbest and one of the most satisfying things I've ever done.

^^^

I worked at The Arizona Gold Exchange at 43rd & Northern back in the early/mid nineties, at this is pretty spot on.

Every ring bought or lost in pawn, unless it was super nice, was stripped of stones and the gold/etc melted down.

<a href="https://imgflip.com/i/602fgk"><img src="https://i.imgflip.com/602fgk.jpg" title="made at imgflip.com"/></a><div><a href="https://imgflip.com/memegenerator">from Imgflip Meme Generator</a></div>

Good lord. Unless you're absolutely loaded, I have no idea how a ring could ever be worth $8,500.

I think you are not correctly pricing the 8500 ring, unlesss it is platinum

Young and dumb comes to mind. It does look a little over priced though.

Bite your tongue.

(Though in fairness, this guy is loaded.)

https://bloximages.newyork1.vip.town...C936%2C5%2C349

That thing has already lost half it's value.

That's only because everyone expects the supply to double this year.

https://imgur.com/wukUBml

She's platinum

I'd be happy to buy it from him.

Deal. Can we use a middleman so I know you won't rip me off?

That's pretty unfortunate. Better than nothing I guess.

I could trade you a replica straight up for your rings.

Well done sir. Well done.

I would try eBay or Worthy for the platinum ring. I wouldn’t even know what a reasonable price would be.

Well damn. That's not bad. Seriously consider an auction of some sort. You can do one of FB in the spring.

I recently came into some casino cash. Name a number and we will talk.

eBay? Jesus you are just asking for fraud.

Wife and I went into Tiffany's before we got married. She showed me a 35,000 engagement ring and I said oh **** no.

I sold my ex wife's wedding ring, $11,000! Bye Felicia!

I've always heard that people buy jewelry and sell gold and diamonds. You're right you'll get screwed unless you sell it to someone that is looking to buy jewelry.

well, my ex-wife's ring was no joke. I used to make far better money.

Was she a whore

Why don't you hold on to those for a couple of weeks and see if one of the refs in our first playoff game is interested in a deal?

Or maybe head down to Houston this weekend and try to pawn it at NRG Stadium.

Betcha you'd buy one of my cock rings for $8500!!!!

Don't be dating no damaged goods, Pointer!

Pics of girlfriend and I'll make you an offer

hell yeah SNR!

<a href="https://imgflip.com/i/rfpw0"><img src="https://i.imgflip.com/rfpw0.jpg" title="made at imgflip.com"/></a><div><a href="https://imgflip.com/memegenerator">from Imgflip Meme Generator</a></div>

I dont understand jewelry. You can get nice stuff, if you wanted, that looks exactly like the real thing but is all fake for 98% less. To 99.9% of the world nobody would even know. Its so dumb.

Hell yeah!

https://i.kym-cdn.com/entries/icons/...7/itsatrap.jpg

New wedding jewelry is one of the most price inflated items ever. There's a reason whey the value drops by 50% immediately after purchase. Damn scam.

When you get a real big nice one, you get a replica made to actually wear out.

I knew some people who bought nice Rolex watches, and then they put them into a safe deposit box and wore cheap fakes. I feel like they didn't need that first step.

At least a Rolex in a box is an investment.

I'm telling the next guy I want property.

You accidentally posted the wrong pics. Neither one of these seem to be the girlfriend and/or ex. It would put it over the top if you had pics of them from behind with no clothes on. TIA

Fyp

No warning signs here....

LMAO

I have a Rolex, but I think it's dumb. I just kind of bought it because they hold their value and good to own some shit like that that hedges inflation.

I really liked Omega watches a hell of alot better than most Rolex watches but I was advised Omega doesn't hold their value or resell as well.

I paid 250.00 for my wife's ring and we have been married for 21 years this year. Been with here for 23. Not sure I would spend 8,500.00 for a ring but then again my wife does not like stuff like that.

I would sell my wife for 8500.

Nice diamonds are expensive.

Now I don’t feel as bad.

I don't deny that they charge that much. I just don't know why anyone would pay that much. I spent about $1500 on my wife's ring, and she keeps it in a drawer in favor of a $150 band we got that mirrors it because she thinks the real one is too fancy for daily use.

It's ridiculous how much society has bought into the diamond industry's hype. They're goddamn sparkly rocks.

SI2 though?

GSI usually has some grade inflation in there.

Granted, it's been 17 years since I've done all my homework on this stuff, but when I bought my diamond I immediately ruled out anything not granted by GIA because they were going to be the harshest graders and I knew at that point that if I'm paying for an F, VVS, Ideal cut diamond that's what I'm going to get. And they'll note any inclusion on the diamond accurately so you'll know if you can hide it under a prong on the setting.

We used GSI after we bought it so we could goose its valuation when we looked to insure it.

So yeah - it's valuable. But not that valuable.

I'd probably take the 'main' stone out, sell it independently, and then sell the setting on its own.

Apparently the "value" of diamonds is completely fabricated by DeBeers. They're not even rare stones.

If true, that's a hell of a marketing campaign.

<iframe width="560" height="315" src="https://www.youtube.com/embed/5Ur2er-STls?start=2" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

Best I can do is Billay turning your b-hole into monkey bread

I had to look it up.

I spent about 4 on the wife's. Since I was in the books, I looked up my wage, and it was about 2 months wages. Good lord I was a dork.

I'm in your camp, but the wife loves it and still wears it every day. Probably it means more to her than me. She's catholic and had our rings blessed, and that matters to her. My ring doesn't fit anymore (it was like a $200 tungsten ring), and there is less than no chance I'd wear it in my profession, but she told me years ago that if I get a new one the right size I need to get it blessed. So all this stuff means different stuff to her than me.

I think I need to go get a groove ring or whatever other silicone ring to not be a ****ing heathen and I actually do love my wife.

Bet it shows without the ring. Don't lose a finger.

Having to get it blessed adds a level of complexity I suppose. My own wedding ring cost like $125, but I wear a $10 ring daily because 1) it's a little more comfortable and 2) though the cost of the wedding ring is negligible, it does have some sentimental value, so if I lose one, I'd rather not lose that one.

The silicone ones are OK. Probably the best option if you're trying not to get your finger ripped off, but I don't like how they stick to your fingers a bit. Still, they cost like $10 for a five-pack if you want to try some on and see how you like it.

This thread is crazy.

In 2001, I bought my wife a 10k engagement ring. It's nice, she loves it, and I'm with all of you who are like WTF. What's crazy to me is that all the women who I work with or hang out with all have giant ****ing rings. When I bought the thing I really thought I had no choice in the matter, it is what it is.

I lost my platinum wedding band like 10 years ago. I was always taking it off. Must have left it somewhere.

And therein lies the challenge.

Buying a big engagement ring is not about showing your love. It's about being sure that your future wife doesn't lose status in her social circle, which I guess is a sign of love but not in the way that the commercials depict.

When my wife and I got engaged we were in economic decline. We were both losing our jobs and going back to grad school to retool, so her ring was nice but not extravagant at all. She wore it for 15 years or so, and then at that point we were doing pretty well and she was hanging out professionally with trust fund women, so I upgraded her to something more flashy one Christmas. Plus, I think jewelry perhaps has different meanings for many women than it does for men.

I like looking at jewelry from an artistic standpoint. I think gemstones are really overpriced, but then again my wife probably thinks that Chiefs tickets are overpriced.

You are both correct.

But not sure there's a point to all the hard work if we don't have the things we want.

Amen.

I was 22 when I bought mine; still in college. Knocked off some HS savings and my motorcycle money account to pay for it. Platinum setting with some baguette cut diamonds on the band and a 1.15 carat round in the center. It's a damn nice diamond; SI but with an inclusion I could hide under the prong - Ideal cut w/ F color. I really did some pretty damn nice work getting that whole thing bought/built for about $4k. And for about 10 years she had the 'best' ring of anyone she knew.

Now people are sporting 2+ carat rings and she kinda hints here and there. Jesus woman - what the hell do you need that kind of rock for?

EDIT: Holy shit!! That rock she wants is gonna cost about $20K! Pft - GFTO here with that. They say you can't put a price on good pussy but man I'm willing to say it ain't worth THAT.

- Buy a $1000 ring that won't be the envy of all your friends, but still does its job as a ring and expresses love and commitment and junk.
- Put $7500 in an account that will make a measly 5% over 40 years.
- Retire 2+ years early and buy a ring that will make your Bridge group jealous.

What I'm learning in this thread is that I lucked out by marrying someone who grew up poor and thinks that expensive jewelry is a waste of money.

Winna!

How ex gf's are made

Yeah making people jealous is super high on my list of priorities now, I can only imagine that will gain as I get older and closer to dead.

Not to mention I expect you to just give off the aura that you would kill for me. The ring is unnecessary unless it unlocks your gun.

That's 100% true. I had a friend (not named Jared) that was in the business and he said DeBeers is sitting on millions of stones. I don't remember the exact percentage of the diamond market they controled, but it was in the 80-90% range. Since then, the mines in Canada and Australia have broken away and the prices have gone down.

ROFL

If you’re going to enter that conversation from that position, do me a favor and livestream the nannycam. I’ll pay good money for that.

I suppose it's worth noting that my wife thinks that big diamonds are kind of tacky, so her ring features an emerald instead. That obviously helps to control the costs signficantly.

I have wondered for these ladies. What do they get you when they want upgraded or extravagant rings?

You're always safe with me.

I'm a very good screamer.

The douche was abusive - poor girl. :shake:

Said girl wants moissanite one day, one of the much more affordable diamond substitutes.

Thankfully my wife hasn't hinted about an upgrade.

I did tell her when I proposed I'm only buying one ring and this is it.

It's fine to me if women want a ring as a marital sign, but I'm not sure that rings are optimal for men. I think women should buy men a wedding hat instead of a ring.

Not sure how true but I seem to have read somewhere that Diamonds are in no way rare, they keep finding them and keep mining them yet the value doesn't diminish on new ones. They are so common that there is far less cubic zirconium around than diamond and they can make that at will.