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Old 01-04-2022, 08:33 PM   Topic Starter
Pointer19 Pointer19 is offline
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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
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Old 01-04-2022, 08:37 PM   #2
mr. tegu mr. tegu is offline
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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.
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Old 01-04-2022, 08:37 PM   #3
eDave eDave is offline
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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.
Last edited by eDave; 01-04-2022 at 08:48 PM..
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Old 01-04-2022, 08:46 PM   #4
stevieray stevieray is offline
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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. 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.
^^^

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.
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Old 01-04-2022, 08:59 PM   #5
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^^^

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.
That's pretty unfortunate. Better than nothing I guess.
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Old 01-05-2022, 04:43 PM   #6
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The stones can be repurposed into another piece of jewelry with an all new meaning.
My ex-fiance had the diamonds put on a different ring.
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Old 01-04-2022, 08:40 PM   #7
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Old 01-04-2022, 08:41 PM   #8
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Old 01-04-2022, 08:42 PM   #9
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Old 01-04-2022, 08:43 PM   #10
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I'll send you an eggplant for them.
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Old 01-04-2022, 08:59 PM   #11
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I'll send you an eggplant for them.
Deal. Can we use a middleman so I know you won't rip me off?
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Old 01-04-2022, 08:44 PM   #12
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Old 01-04-2022, 08:48 PM   #13
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Old 01-04-2022, 08:49 PM   #14
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Good lord. Unless you're absolutely loaded, I have no idea how a ring could ever be worth $8,500.
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Old 01-04-2022, 08:52 PM   #15
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Good lord. Unless you're absolutely loaded, I have no idea how a ring could ever be worth $8,500.
Young and dumb comes to mind. It does look a little over priced though.
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