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Old 01-04-2022, 08:33 PM  
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, 08:56 PM   #16
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Originally Posted by eDave View Post
That thing has already lost half it's value.
That's only because everyone expects the supply to double this year.
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Old 01-04-2022, 08:56 PM   #17
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Old 01-04-2022, 08:57 PM   #18
Pointer19 Pointer19 is offline
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Quote:
Originally Posted by SupDock View Post
I think you are not correctly pricing the 8500 ring, unlesss it is platinum
https://imgur.com/wukUBml

She's platinum
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Old 01-04-2022, 08:58 PM   #19
Pointer19 Pointer19 is offline
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Quote:
Originally Posted by eDave View Post
That thing has already lost half it's value.
I'd be happy to buy it from him.
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Old 01-04-2022, 08:59 PM   #20
Pointer19 Pointer19 is offline
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Quote:
Originally Posted by TLO View Post
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, 08:59 PM   #21
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Quote:
Originally Posted by stevieray View Post
^^^

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 01-04-2022, 09:02 PM   #22
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I'd be happy to buy it from him.
I could trade you a replica straight up for your rings.
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Old 01-04-2022, 09:03 PM   #23
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Quote:
Originally Posted by Rain Man View Post
That's only because everyone expects the supply to double this year.
Well done sir. Well done.
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Old 01-04-2022, 09:03 PM   #24
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I would try eBay or Worthy for the platinum ring. I wouldn’t even know what a reasonable price would be.
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Old 01-04-2022, 09:04 PM   #25
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Well damn. That's not bad. Seriously consider an auction of some sort. You can do one of FB in the spring.
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Old 01-04-2022, 09:17 PM   #26
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I recently came into some casino cash. Name a number and we will talk.
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Old 01-04-2022, 09:18 PM   #27
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I would try eBay or Worthy for the platinum ring. I wouldn’t even know what a reasonable price would be.
eBay? Jesus you are just asking for fraud.
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Old 01-04-2022, 09:22 PM   #28
BryanBusby BryanBusby is offline
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Good lord. Unless you're absolutely loaded, I have no idea how a ring could ever be worth $8,500.
Wife and I went into Tiffany's before we got married. She showed me a 35,000 engagement ring and I said oh **** no.
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Old 01-04-2022, 09:27 PM   #29
Simply Red Simply Red is offline
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I sold my ex wife's wedding ring, $11,000! Bye Felicia!
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Old 01-04-2022, 09:28 PM   #30
tx4chiefs tx4chiefs is offline
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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.
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