Men's Wedding Band: Best Resale Options

There are many options for selling a men's wedding band, both online and in-person. Online options include auction sites such as eBay, or specialist sites like Worthy.com, CashForGoldUSA, and reDollar.com. In-person options include local jewellery stores, pawn shops, diamond dealers, and consignment shops.

Online auction sites

Worthy.com

Worthy.com is a trusted online auction site that allows you to sell wedding bands, jewellery, loose diamonds, and watches. They provide a personalised auction manager to guide you through the process. You can contact them to explain the pieces you wish to sell, and they will send you a prepaid shipping label if they believe your items will sell. Worthy covers insurance for your pieces and handles the entire sales process, including cleaning and professional photography. After the auction, you will receive payment via direct deposit within one to two days. The success fee for using Worthy ranges from 10% to 18% of the final sale price, which may seem high, but Worthy often secures a higher price than you would achieve alone.

Circa Jewels

Circa Jewels is a jewellery retailer with 17 locations across Europe, North America, and Asia. They provide an estimated offer after inspecting your wedding band and gathering information. If you accept their quote, they will send you a free shipping kit for your ring. Once they receive your item, they will evaluate it and may provide a new quote. Circa Jewels offers payment via bank transfer or cheque, and you can also receive a gift card for their store or Blue Nile. There are no seller fees or commissions, and they will ship your ring back to you free of charge if you are unhappy with their offer.

EBay

EBay is a massive online marketplace with millions of users worldwide. It is free to sign up and list your wedding band for sale, but you must provide detailed information and mention any issues such as loose or missing stones. eBay charges seller fees of 12.9% for sales of $7,500 or less and 7% for sales over $7,500. While eBay provides access to a large buyer pool, you must handle shipping and deal with buyers independently.

Other Online Auction Sites

Other online auction sites, such as I Do Now I Don't, WP Diamonds, and US Gold Buyers, also provide opportunities to sell wedding bands. These sites offer free shipping, insurance, and evaluations. They typically pay via bank transfer, PayPal, or cheque. It is important to research these sites thoroughly, compare their terms and conditions, and choose the one that best suits your needs and priorities.

Local jewellery stores

Selling a wedding band can be an emotional process, especially if you've gone through a divorce or lost a loved one. If you're looking to sell a men's wedding band, one option is to sell it to a local jewellery store. Here are some tips to help you through the process:

Research Local Jewellery Stores

Start by researching jewellery stores in your area that buy second-hand jewellery. You can search online or ask for recommendations from friends or family members who may have had a similar experience. It's important to find a reputable store with good reviews to ensure a safe and fair transaction.

Get an Appraisal

Before approaching jewellery stores, it's a good idea to get a formal appraisal from a qualified appraiser. This will help you understand the value of your wedding band, especially if it contains diamonds or other precious stones. Look for an independent appraiser who doesn't sell rings to ensure an objective assessment. You can use professional appraiser websites like the American Society of Appraisers to find someone qualified.

Clean and Prepare the Ring

A sparkling, clean ring will be more attractive to potential buyers. Consider having your wedding band professionally cleaned, and then store it safely in a ring box until you're ready to sell.

Visit Multiple Stores and Compare Offers

Don't settle for the first offer you receive. Visit multiple local jewellery stores and get estimates from each of them. This will give you a range of values and help you understand the fair market value of your wedding band. It's also an opportunity to assess which stores you feel comfortable dealing with.

Understand the Payment Options

When selling to a local jewellery store, be sure to clarify their payment methods and terms. Some stores may offer cash, while others may provide store credit or other forms of payment. Understand their policies before finalising the transaction.

Negotiate and Finalise the Sale

Once you've found a store that you trust and feel comfortable with, you can negotiate the final price and finalise the sale. Remember that you don't have to accept the first offer, and it's okay to walk away if you're not happy with the terms.

Selling a wedding band can be a challenging process, but with research and preparation, you can find a local jewellery store that will provide a fair deal. Remember to take your time and make informed decisions throughout the process.

Pawn shops

Firstly, pawn shops are a convenient and quick way to sell a wedding band. With a large number of Americans utilising pawn shops, there is a constant demand for jewellery in these shops, and they are always looking to replenish their inventory. This means that you can sell your wedding band quickly and efficiently. Pawn shops also tend to have a diverse customer base, so they are less likely to be concerned with the style or design of your wedding band.

Secondly, pawn shops are often small, locally owned and operated businesses, so by selling your wedding band to a pawn shop, you are supporting a local business in your community. Pawn shops are also environmentally friendly as they deal only in resales, so there is no additional impact on the environment.

Another benefit of pawn shops is that they are versatile and can offer services that jewellery stores cannot match. For example, you can sell an old ring and use the money to buy a new wedding band, or you can sell back your ring later if needed. Pawn shops also often have layaway programs that allow you to secure a ring with a deposit and pay the rest in instalments.

However, it is important to note that pawn shops will not offer you the full value of your wedding band. They generally purchase items for approximately 50% of their value, so you may get a better price by selling to a jewellery store or an online buyer. Pawn shops also may not have expert knowledge of diamonds or other precious stones, so they may not accurately appraise the value of your ring.

When selling to a pawn shop, it is important to do your research, know the value of your ring, and be prepared to negotiate. Check reviews of the pawn shop before selling, and don't be afraid to walk away if you are not getting a fair price.

Online marketplaces

Selling a wedding band can be an emotional process, especially if you are selling it due to divorce or the death of a loved one. It can be challenging to let go of happy memories, but selling your wedding band can also be a positive step towards moving on.

There are several online marketplaces where you can sell a men's wedding band. Here are some options to consider:

• Worthy.com: This online auction site allows you to sell jewellery, loose diamonds, and watches. You will work with a personal auction manager to ensure a smooth selling process. Worthy covers insurance and provides a prepaid shipping label. After the auction, you will receive payment through direct deposit within a day or two. You will need to pay a success fee of between 10% and 18% of the sale price.
• Circa Jewels: This retailer allows you to sell wedding rings online or through in-person appointments at one of their 17 locations across Europe, North America, and Asia. They will provide an estimated offer after inspecting the ring and getting some information. If you accept their offer, they will pay via bank transfer or check, or you can opt for a Circa or Blue Nile gift card. There are no seller fees or commissions.
• EBay: This popular online marketplace has millions of active users worldwide and is free to sign up for and list your wedding band. Provide as much information as possible in your listing, including any issues such as loose or missing stones. eBay charges seller fees of 12.9% for sales of $7,500 or less and 7% for sales over $7,500.
• Facebook Marketplace: People sell all sorts of items on Facebook Marketplace, including wedding and engagement rings. Posting items for sale is free, and local sales have the advantage of cash payments. However, be aware of scammers and low-ballers on this platform.
• Cash For Gold USA: This highly-rated online jewellery retailer buys jewellery, gold, diamonds, and coins. You can get started by completing the seller form on their website, and they will provide a prepaid mailer. You will receive an offer within 24 hours of them receiving your ring, and you can choose to be paid via check, wire transfer, or PayPal.
• US Gold Buyers: This online jewellery and gold retailer claims to pay up to 98.5% of the market value for wedding rings. They provide a prepaid label for shipping and cover insurance during transit. After their experts inspect your ring, they will make an offer, and you can choose to be paid via bank transfer or PayPal.
• I Do Now I Don't: This online marketplace helps buyers and sellers recycle luxury items, including jewellery and wedding rings. You can list your ring on their marketplace or sell it directly to them. They typically pay 50% to 75% of the retail price for rings.
• Specialised Websites: Depending on the material of the wedding band, you can consider specialised websites such as reDollar.com, which buys gold, palladium, or platinum wedding bands and offers competitive prices.

When selling a wedding band online, it is important to provide detailed descriptions, high-quality photos, and any relevant paperwork, such as appraisal papers or receipts. Additionally, ensure that you package and ship the ring securely and consider using shipment tracking and insurance.

Consignment shops

However, consignment shops are generally safe to work with, and they can be a good option if you want to sell your wedding band locally. When choosing a consignment shop, be sure to read reviews and thoroughly check the shop's policies before making a commitment. Some consignment shops will purchase your wedding band upfront, while others will require you to wait until the ring sells before receiving payment. It's important to understand the shop's policies and commission structure before making a decision.

Additionally, when selling a wedding band, it's important to provide as much information as possible, including any paperwork such as appraisal papers or receipts. This can help prove the estimated value of the ring and potentially increase the final sale price.

Frequently asked questions