How to sell my engagement ring?

saturnz

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May 3, 2005
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it will be interesting to see the purchase price versus eventual resale price, given the clip below

[video=youtube_share;N5kWu1ifBGU]https://youtu.be/N5kWu1ifBGU[/video]
 

spiff

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I am two years divorced and ready to sell my engagement ring. How do I go about? I have the valuation from a jeweller - what is a fair presentage of the valuation that I can sell the ring for? Where do I sell it? How do I avoid getting scammed?

my ex gave the ring back cause she felt guilty about ending the engagement - I kept it for a few years then used it to buy a house! best thing I ever did! :)
 

The_Traveller

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If your ring is an average joe, don't expect fantastic offers.

If its one that's big (>1ct) and colour and clarity is amazing and a brilliant cut, then you'd get some pretty price for it, especially since the rand has weakened now. They take the dollar rate to make evaluations btw ...
 

Hemi300c

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He gave it to me, in exchange for the furniture
Sounds like he won because second hand jewelry is only worth the material which is probably 30% of the valuation.

Good luck hopefully you get more than expected.

I did the same but for a dishwasher because there was no way my lazy ex was not going to start doing dishes.
Ring R14000 vs dishwasher R3100 this in 1997 and I still consider myself a winner.
 

mastermamo

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Oct 2, 2016
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Good luck selling this at a decent price. Jewellers rip you off all the time. The best bet when u r next in Dubai (that's if u travel) u will get top dollar for the gold and the stone.
 

The Voice

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I remember selling some random bits at Cash Crusaders before I left that no-one else wanted. Some lady came in with two small kids to have her ring evaluated. They looked like they were on hard times. And I just knew the **** behind that counter was going to give her the worst deal possible
 

maumau

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I remember selling some random bits at Cash Crusaders before I left that no-one else wanted. Some lady came in with two small kids to have her ring evaluated. They looked like they were on hard times. And I just knew the **** behind that counter was going to give her the worst deal possible

Strange how some things stick in our minds.
 

gregmcc

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I remember selling some random bits at Cash Crusaders before I left that no-one else wanted. Some lady came in with two small kids to have her ring evaluated. They looked like they were on hard times. And I just knew the **** behind that counter was going to give her the worst deal possible

Its like Pawn Stars - can't believe people sell stuff there. They all seem to get ripped off. First offer anyone gets is 50% of the value.
 

cpu.

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Jun 23, 2010
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Its like Pawn Stars - can't believe people sell stuff there. They all seem to get ripped off. First offer anyone gets is 50% of the value.
It's called making a profit. Why would they share a too big piece of the profit with you, when making a profit (whilst facilitating yours) is the only reason they exist.
If you want to make more, then stop the laziness and sell it yourself (you as in in general).
 

The Voice

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Good point. Guess people are just too lazy.
Or uninformed, rather. I used Cash Crusaders a few times to get rid of **** that I knew I wasn't going to move online. It was either get something for it, or give it away. And yes, it's all about profit for them: they often mark up by about 500%.
 

Sly21C

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Feb 14, 2008
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Diamonds and the engagement ring (and wedding rings) is a huge cultural scam. Men never bought engagement diamond rings for their women to ask for their hand in marriage before the 1900s. Couples simply agreed to get married and that was it. But De Beers instilled a culture of diamond rings through a massive advertising campaign in the early 20th century (i.e. the 1920s and 1930s). People were slowly and subsequently brainwashed into believing that before getting married, a man needs to show he loves his woman by buying a diamond ring.

Diamonds are in actual fact worthless. There is a huge vault whereby diamonds are stored so as to keep them out of the market so that their worth can be high. De Beers is scamming all of us. We men have to part with 2 or 3 months’ worth of our salary to show women that they are special.
 

Drake2007

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Oct 23, 2008
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I am two years divorced and ready to sell my engagement ring. How do I go about? I have the valuation from a jeweller - what is a fair presentage of the valuation that I can sell the ring for? Where do I sell it? How do I avoid getting scammed?

You'll only get your price if you sell it yourself.
Maybe try selling it on bidorbuy, take nice pics of ring and digitally watermark the certificates.
 
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