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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 01-05-2022, 01:12 AM   #46
Flying High D Flying High D is offline
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Was she a crack whore
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Old 01-05-2022, 01:23 AM   #47
Otter Otter is offline
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Old 01-05-2022, 01:33 AM   #48
|Zach| |Zach| is offline
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Old 01-05-2022, 03:33 AM   #49
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At least a Rolex in a box is an investment.

I'm telling the next guy I want property.
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.
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Old 01-05-2022, 05:51 AM   #50
Reroka Reroka is offline
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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.
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Old 01-05-2022, 08:22 AM   #51
Flying High D Flying High D is offline
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I would sell my wife for 8500.
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Old 01-05-2022, 08:43 AM   #52
MIAdragon MIAdragon 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.
Nice diamonds are expensive.
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Old 01-05-2022, 08:45 AM   #53
MIAdragon MIAdragon is offline
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well, my ex-wife's ring was no joke. I used to make far better money.
Now I don’t feel as bad.
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Old 01-05-2022, 08:48 AM   #54
DaFace DaFace is offline
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Nice diamonds are expensive.
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.
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Old 01-05-2022, 09:07 AM   #55
Abba-Dabba Abba-Dabba is offline
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Nice diamonds are expensive.
SI2 though?
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Old 01-05-2022, 09:08 AM   #56
DJ's left nut DJ's left nut is offline
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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.
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Old 01-05-2022, 09:14 AM   #57
ThaVirus ThaVirus is offline
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It's ridiculous how much society has bought into the diamond industry's hype. They're goddamn sparkly rocks.
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.
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Old 01-05-2022, 09:19 AM   #58
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Old 01-05-2022, 09:32 AM   #59
KCUnited KCUnited is online now
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Old 01-05-2022, 09:47 AM   #60
Buehler445 Buehler445 is offline
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Quote:
Originally Posted by DaFace View Post
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.
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.
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