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Old 09-15-2008, 11:55 AM
 
1 posts, read 35,756 times
Reputation: 21

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Hi I am trying to find out if anyone has any advised to where I can sell my Diamond Wedding Rings; Does anyone recommend Craigslist??
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Old 09-15-2008, 12:48 PM
 
2,652 posts, read 6,732,206 times
Reputation: 1827
I've bought and sold tons of stuff on Craigslist.
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Old 09-15-2008, 02:33 PM
 
Location: Grosse Ile Michigan and Sometimes Orange County CA
16,475 posts, read 45,745,021 times
Reputation: 13128
Coin shops will usually buy them for their gold value.
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Old 09-15-2008, 05:52 PM
 
224 posts, read 762,569 times
Reputation: 143
Quote:
Originally Posted by Mary1234 View Post
Hi I am trying to find out if anyone has any advised to where I can sell my Diamond Wedding Rings; Does anyone recommend Craigslist??
How many wedding rings do you have?

I agree with the above poster. Coin shops will usually pay you the pennyweights worth in gold. They will weigh them, probably factor in an assay cost, determine the karat of the gold...percentage of gold to alloys..10K, 14K, 18K, and then pay you for the gold.

The diamonds...well you can get them appraised (that will cost you money, but you will receive documentation as to the color, weight, cut, and clarity) and try to sell them...best bet is a dealer, but they won't give you even close to what they are valued. They need to resell them and make a profit.

You could try a consignment sale if you can find a jewelry shop that does that, or you could try Ebay, or even advertise them in the newspapers.

Don't be disappointed but what you will eventually part with them for far less than you would like. Such is the nature of selling unwanted or used jewelry.
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Old 09-16-2008, 11:50 PM
 
3,853 posts, read 10,051,906 times
Reputation: 2472
why don't you return it to the guy who bought it for you? It is his anyways. I am sure you don't need the money.
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Old 09-17-2008, 02:49 AM
 
Location: Grosse Ile Michigan and Sometimes Orange County CA
16,475 posts, read 45,745,021 times
Reputation: 13128
Used diamonds have no value at all unless they are over 1 carat andinvestment quality. The concept that diamons are valuable is a scap. They have mountains of them stokcpied in Russia. Small diamonds and chips have no value, ear jewlry stores sell them for thousands. You are paying for the assembly into a ring and for the various levels of marketing.
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Old 09-17-2008, 05:48 AM
 
3,853 posts, read 10,051,906 times
Reputation: 2472
Quote:
Originally Posted by Coldjensens View Post
Used diamonds have no value at all unless they are over 1 carat andinvestment quality. The concept that diamons are valuable is a scap. They have mountains of them stokcpied in Russia. Small diamonds and chips have no value, ear jewlry stores sell them for thousands. You are paying for the assembly into a ring and for the various levels of marketing.
No kidding. Diamond rings are the biggest waste of money ever. You can sell them though to some unsuspecting victim like on ebay.
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Old 09-20-2008, 06:00 PM
 
Location: Apple Valley Calif
7,475 posts, read 16,151,101 times
Reputation: 5439
Sell them to me, I'm looking...
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Old 05-13-2009, 12:54 AM
 
619 posts, read 1,694,569 times
Reputation: 257
oh boy.....unfortunately bad economy reflects in ppl`s relationships...I agree jewelry are a big waste so are the wedding receptions and all the $ that comes with it. Would you believe that most receptions, jewelries and all the bells and whistles are charged on credit?
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Old 05-13-2009, 10:53 AM
 
Location: Las Flores, Orange County, CA
26,348 posts, read 69,801,369 times
Reputation: 16906
Quote:
Originally Posted by flo2900 View Post
oh boy.....so are the wedding receptions and all the $ that comes with it. Would you believe that most receptions,....are charged on credit?

What else is a twenty something year old couple going to do with twenty grand?

They can put a down payment on a house
They can save for their retirement.
They can save for their future children's education.
They can buy furniture for their home.

Or, they can have a four hour party.
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