How To Sell Your Old Engagement Ring

As unfortunate as it may be, there may come a time in your life when you decide to sell your old engagement ring

. Whether it has to do with a broken engagement, a divorce, or your need for funds, selling your old ring can be an easy, uncomplicated process.

First and foremost, before you try selling off your engagement ring, I recommend having it appraised by a licensed jeweler or gemologist. Having your ring appraise is a relatively simple process, whereby the jeweler examines your engagement ring, listing its characteristics and its respective value. An appraisal will allow you a rough estimate of what your ring could be worth and will give you a good bargaining standpoint. In addition, you could look online at available jewelry price indexes to compare and contrast ring prices and learn more about the jewelry market and its fluctuations.

Next, you will need to research and locate the jewelry vendors and brokers in your area. You can find these vendors in local listings and directories under jewelry, pawn shops or estate sales. You will find that you have a lot of options when it comes to selling your engagement ring. You can decide to sell it at a local antique jewelry store or to an estate broker or pawn shop. Before you make your decision regarding the medium you wish to use for the sale of your old engagement ring. I strongly suggest checking out the stores or brokers reputation. Dealing with a reputable store or broker will help ensure you do not get cheated or ripped off when you are attempting to sell your ring. You can check the stores or brokers reputation by browsing customer testimonials and store reviews available at a variety of sites online.

After youve chosen your vendor, and before completing your transaction, do not be afraid to haggle. There is a lot of leeway when it comes to selling old jewelry and you may be able to up the price of your old engagement ring with a little negotiation and a lot of Hutzpa!

by: Mandy

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