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UPDATED with ring specs...How much $$ for an engagment ring??

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robynfs
12/6/10!!

Member since 9/05

4947 total posts

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UPDATED with ring specs...How much $$ for an engagment ring??

The time has come for me to sell my engagment ring. Does anyone know what the resale % you get is. So if my ex paid 20,000 for my ring...approx what can I expect?
Thanks!

Anyone know someone looking for a ring??Chat Icon

UPDATE:

Cut: Round
Clarity:" VVS1
Color:F
Carat size: 2.1

It is in a platinum setting with two baggets on the sides. I have the GI certificate...

Thanks for the info...I really want to sell it...or just keep in a box for the rest of it's life...

Message edited 6/20/2007 11:17:19 AM.

Posted 6/20/07 11:03 AM
 
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KGools
Happy

Member since 9/06

9532 total posts

Name:
Kim

Re: How much $$ for an engagment ring??

I know that the value of a diamond INCREASES with age. Take it to get appraised... they'll be more accurate than any of us can be.

Posted 6/20/07 11:05 AM
 

nov04libride
big brother <3

Member since 5/05

14672 total posts

Name:
Me

Re: How much $$ for an engagment ring??

Where are you planning on selling it? Does it have the certificates?

I know on ebay they seem to go for 1/4- at most 1/2 of what they are appraised...But maybe a jeweler would give more?

Message edited 6/20/2007 11:08:06 AM.

Posted 6/20/07 11:06 AM
 

Phyl
R.I.P. Sweet Mia ♥

Member since 5/06

28918 total posts

Name:
The Mystical Azzhorse! ™

Re: How much $$ for an engagment ring??

A lot of times the resale value isn't worth it unless maybe a private party is interested. I made mine into a necklace. Good Luck! Congrats again on your new man and move to Atlanta!!Chat Icon Chat Icon Chat Icon Chat Icon
A lot of jewelers try to low ball the true value.

Message edited 6/20/2007 11:08:01 AM.

Posted 6/20/07 11:07 AM
 

LisaW
Time for me to FLY!

Member since 5/05

13199 total posts

Name:
Did I ever tell you that I hate people?

Re: How much $$ for an engagment ring??

what size, clarity, color, etc is the diamond?

Thats what the $$ will come from...not the metal

ETA- I work in the same office as a jewerly company

Message edited 6/20/2007 11:07:48 AM.

Posted 6/20/07 11:07 AM
 

Shorty
.

Member since 5/05

30390 total posts

Name:
really

Re: How much $$ for an engagment ring??

If you can be more specific, I can help you out more accurately.

carat weight, color, clarity, etc.

Posted 6/20/07 11:07 AM
 

nov04libride
big brother <3

Member since 5/05

14672 total posts

Name:
Me

Re: How much $$ for an engagment ring??

Posted by Phyl

A lot of times the resale value isn't worth it unless maybe a private party is interested. I made mine into a necklace. Good Luck! Congrats again on your new man and move to Atlanta!!Chat Icon Chat Icon Chat Icon Chat Icon




I knew someone else who also made it into a necklace!

Posted 6/20/07 11:07 AM
 

lululu
LIF Adult

Member since 7/05

9511 total posts

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Re: How much $$ for an engagment ring??

I have heard you will only get a fraction of what he paid for it. If you dont need the money, I would consider turning it into a very nice diamond pendant.

Posted 6/20/07 11:07 AM
 

suvenR
designer mutt

Member since 5/05

4239 total posts

Name:

Re: How much $$ for an engagment ring??

A lot depends on the 4 C's...

and the setting too, of course!

You'd probably make out better selling it to a person rather than a jeweler, but depending on your asking price, you might have a hard time finding someone to buy it.

Posted 6/20/07 11:09 AM
 

nrthshgrl
It goes fast. Pay attention.

Member since 7/05

57538 total posts

Name:

Re: How much $$ for an engagment ring??

Posted by lululu

I have heard you will only get a fraction of what he paid for it. If you dont need the money, I would consider turning it into a very nice diamond pendant.



This is what I would suggest too. Unless you're looking for money to get a place.

Posted 6/20/07 11:10 AM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: How much $$ for an engagment ring??

is the setting platinum?

The price of platinum has skyrocketed...you may take the diamond out to make it a necklace and sell the platinum for $$$$

Posted 6/20/07 11:12 AM
 

Nicole728
My Happy Girl

Member since 7/06

8198 total posts

Name:
Me

Re: How much $$ for an engagment ring??

Get it appraised first...I would even consider making it into a necklace

Posted 6/20/07 11:14 AM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: UPDATED with ring specs...How much $$ for an engagment ring??

id say about $20K. you have FM

Posted 6/20/07 11:24 AM
 

suvenR
designer mutt

Member since 5/05

4239 total posts

Name:

Re: UPDATED with ring specs...How much $$ for an engagment ring??

It would cost more than $20k to buy that from a jeweler. With those specs, I'm thinking a jeweler would sell it to a customer for around $23k.

That being said, you should be able to get AT LEAST $15k from a jeweler!!!

Probably a little more from a private buyer.

Posted 6/20/07 11:25 AM
 

SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

Re: UPDATED with ring specs...How much $$ for an engagment ring??

I have no idea what you could get, but DAMN! that is SOME DIAMOND!!!! Chat Icon Chat Icon Chat Icon

Posted 6/20/07 11:25 AM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: UPDATED with ring specs...How much $$ for an engagment ring??

I think you will get more for the center stone - then the ring itself

the price of diamonds has gone up- I would take it to the diamond district

isn't that what charlotte did on SATC?

Posted 6/20/07 11:30 AM
 

JandJ1224

Member since 6/06

5911 total posts

Name:
Jannette

Re: UPDATED with ring specs...How much $$ for an engagment ring??

If you go on bluenile.com you can search for loose diamonds, based on the description of your ring, a similar diamond would sell for like 35K to $40K

Posted 6/20/07 11:31 AM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: UPDATED with ring specs...How much $$ for an engagment ring??

Posted by Beth1210

I think you will get more for the center stone - then the ring itself

the price of diamonds has gone up- I would take it to the diamond district

isn't that what charlotte did on SATC?



Platinum has SKYROCKETED in price. She might be able to sell the diamond and the setting separately.

Posted 6/20/07 11:31 AM
 

suvenR
designer mutt

Member since 5/05

4239 total posts

Name:

Re: UPDATED with ring specs...How much $$ for an engagment ring??

I'd work on selling the setting first. I think it's obvious that you'll never use THAT again. And, platinum prices have skyrocketed!!

Posted 6/20/07 11:32 AM
 

nrthshgrl
It goes fast. Pay attention.

Member since 7/05

57538 total posts

Name:

Re: UPDATED with ring specs...How much $$ for an engagment ring??

Ok screw keeping it in a box. Do you know anyone in the diamond business you could talk to ?

You will definitely get more going privately than to a jeweler.

Posted 6/20/07 11:33 AM
 

pmpkn087
Life is good...

Member since 9/05

18504 total posts

Name:
Stephanie

Re: UPDATED with ring specs...How much $$ for an engagment ring??

Did you get an appraisal certificate when you bought it? If so, then you can NOT get any less for the diamond as long as you have that certificate.

Posted 6/20/07 11:45 AM
 

robynfs
12/6/10!!

Member since 9/05

4947 total posts

Name:

Re: UPDATED with ring specs...How much $$ for an engagment ring??

Thank you all for your input. I do have a recommendation to a jeweler in the diamond district...and will be getting an appt. with him. I will shop around and see...

Ex-hus...was a complete A-hole...but did a good job picking out a diamond...or more like his mother did! Chat Icon

Posted 6/20/07 11:46 AM
 

sunnyplus3
:)

Member since 11/05

8749 total posts

Name:

Re: UPDATED with ring specs...How much $$ for an engagment ring??

my Mom sold her 2.5 carat heart shaped diamond e-ring in a plat setting from her second husband to Rose Jewelers in Patchogue(or maybe it was Sayville). Either way she sold it for a really good number IMO.

Posted 6/20/07 11:46 AM
 

robynfs
12/6/10!!

Member since 9/05

4947 total posts

Name:

Re: UPDATED with ring specs...How much $$ for an engagment ring??

Posted by pmpkn087

Did you get an appraisal certificate when you bought it? If so, then you can NOT get any less for the diamond as long as you have that certificate.



I do have the certificate...i think actually...but those #'s are so jacked up...are you sure about that?

Thanks again!

Posted 6/20/07 11:51 AM
 

pmpkn087
Life is good...

Member since 9/05

18504 total posts

Name:
Stephanie

Re: UPDATED with ring specs...How much $$ for an engagment ring??

Posted by robynfs

Posted by pmpkn087

Did you get an appraisal certificate when you bought it? If so, then you can NOT get any less for the diamond as long as you have that certificate.



I do have the certificate...i think actually...but those #'s are so jacked up...are you sure about that?

Thanks again!



I know that when I got mine, the jeweler told me that if I ever decide to sell it, make sure I have that certificate and I can't get any LESS than that. So if the value went up, you should definately get more.

I know of a great guy in the diamond district if you want his information.

Posted 6/20/07 11:54 AM
 
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