Unwanted Wedding Band? Try These Reselling Tips

There are many reasons why someone might want to sell a wedding band. It could be that you're going through a divorce, have lost a loved one, or are simply willing to let go of a family heirloom. Whatever the reason, it's important to know how to get the best price and have a good experience when selling.

Firstly, it's a good idea to get your ring appraised by a qualified professional. This will give you an understanding of its worth, especially if it has diamonds. It's best to find an appraiser who doesn't sell rings, as they're more likely to give an objective assessment.

Next, you should have your ring cleaned. A sparkling, shiny ring is more likely to sell than one that's dull. Most jewellery stores will offer this service, even if the ring wasn't purchased there—although you might have to pay a small fee.

When it comes to the sale itself, there are several options. You could sell your ring online, but it's important to find a reputable seller, such as eBay or I Do Now I Don't. Alternatively, you could sell to a local jewellery store, pawn shop, or diamond dealer, or use a consignment shop. If you're selling a diamond ring, you could also trade it in for a new piece of jewellery at certain chain jewellery stores.

It's important to do your research and be cautious when selling a valuable item like a wedding band. By getting an appraisal, having your ring cleaned, and choosing a reputable seller, you can ensure you get the best price and have a positive experience.

Local jewellery stores

The main advantage of selling your wedding band to a local jeweller is that it can be a safe and quick way to get cash for your ring. This can be particularly useful in a financial emergency. However, bear in mind that pawn shops rarely offer competitive pricing.

If you do decide to sell your wedding band to a local jewellery store, there are a few steps you can take to ensure you get a fair price. Firstly, get a formal appraisal from a qualified appraiser who doesn't sell rings, as they are more likely to give you an objective assessment. You can find a qualified appraiser using professional websites like the American Society of Appraisers.

Next, have your ring professionally cleaned, as a sparkling ring is more likely to sell. Most jewellery stores will offer this service, although you may have to pay a small fee.

Finally, do some research to understand the value of your ring. Factors that can affect its value include the carat, the setting, and how old it is. Understanding the value of your ring will help you negotiate with pawn shops or jewellers and ensure that you don't get ripped off.

Consignment shops

Despite these drawbacks, consignment shops are generally safe and trustworthy places to do business. To ensure you're getting a good deal, it's a good idea to read reviews and thoroughly check the shop's policies before making a commitment to sell your wedding band.

If you're looking for a local consignment store, a quick Google search using the keywords "consignment stores near me" should bring up some options in your area.

Pawn shops

If you absolutely must sell your wedding band at a pawn shop, there are some things you can do to get a better price:

• Go to a variety of pawn shops to see what they can offer for your jewellery.
• Before you sell anything, check the reviews of the shop using Google or Yelp to see what other customers think.
• Visit local jewellery stores as well as pawn shops. Although they won't offer you the market price for your ring, they may offer you more than a pawn shop.
• Negotiate with the pawn shop owner or employee to see if you can get a better price for your ring.
• Be prepared to walk away. While many pawn shops are fair businesses, some can take advantage of customers who need cash urgently.

If you're looking to sell your wedding band, it's important to do your research and be aware of the common hazards that can affect you as a buyer.

Online marketplaces

There are several online marketplaces where you can sell your wedding band. Here are some popular options:

• EBay: eBay is a popular online auction site that allows you to sell a variety of items, including wedding bands. It is a good option if you want to set up an account and sell directly to buyers. However, keep in mind that eBay is filled with bargain jewelry, and only about 5% of diamond sales are successful.
• I Do Now I Don't: This is an online marketplace specifically designed for buying and selling luxury products, including engagement and wedding rings. It may take a few weeks or months to sell your ring on this platform, but you can potentially get a higher price than at a local jeweler or pawn shop.
• Worthy: Worthy is another online auction platform that specializes in jewelry. They offer full insurance coverage, professional photography, and diamond grading services to enhance the value and trustworthiness of your item. Worthy also has a network of pre-vetted buyers, which can increase competition and potentially get you a higher price. The entire process is designed to be stress-free and efficient.
• Diamond Buyers: Diamond Buyers is a company that has been in the business of purchasing wedding rings, engagement rings, and other valuable jewelry for over 40 years. They have a showroom in Houston, Texas, where you can get a free diamond estimate, or you can sell your ring online. They have a team of GIA-trained gemologists who will evaluate your ring and make a cash offer.
• DiamondsUSA: DiamondsUSA is a reputable online buyer of gold, diamond, and platinum jewelry, including wedding and engagement rings. They offer payouts within 24 hours of an accepted offer and guarantee to beat any written price for your ring. They also provide fully insured shipments from your home.

When selling your wedding band online, it is important to do your research and read reviews to ensure you are using a reputable platform or buyer. It is also crucial to have your ring appraised and cleaned before selling, as this can help you get a better price. Additionally, providing detailed descriptions and high-quality photos of your ring will attract more potential buyers.

Diamond buyers

There are two ways to sell your wedding ring with Diamond Buyers:

Sell your Wedding Ring in Houston

Our headquarters are in Houston, Texas. If you are local to the Houston area, we welcome you to stop by our gorgeous showroom and jewelry store for a free diamond estimate. Our trained GIA gemologists are ready to evaluate your wedding ring and make a cash offer. We also accept appointments.

Sell Wedding Ring Online

Not local to Houston? No problem! Diamond Buyers buys jewelry nationwide and has developed an extremely safe and secure process to ensure your items are 100% insured throughout the whole process. To get started, simply fill out our online form and receive a free preliminary offer.

Get the Most Money for Your Wedding Ring

The value of your wedding ring is determined by the color, cut, clarity, and carat weight of the diamond, in addition to the type of metal the stone is set in. Certain high-end designer brands may also add a sizable premium. During our in-person evaluation, we can accurately assess your jewelry’s value whether or not you have documentation.

There are many reasons to sell a wedding ring. Some individuals feel that selling their wedding ring is a symbol of letting go and moving on. Others may need to sell a ring due to the financial burden of a divorce. While others may just want to upgrade their diamond. Regardless of the reason, selling a wedding ring is very common and can be a positive experience both mentally and financially.

Frequently asked questions