Have you ever had a diamond ring you do not use anymore? Whether it is a wedding ring that was given to you as a gift, an engagement ring you no longer wear or one that you simply do not like selling it will put more money in your pocket. But where should you go? Here is a brief guide on what you should know about selling jewellery, rings, watches and so on.

Local Jewellery Shops

A good start could be your local jewellery shop. A lot of the high street jewellers purchase second-hand items, particularly diamonds and gold. They also perform instant appraisals and can give cash at the same time. Selling to a trusted local shop is better because you can talk with the owner and he/she will appreciate your item.

Focus on the shops that are well-rated by their customers and which do not seem to be manipulative. You can even ask them how much they value your jewellery and whether or not their offer is flexible.

Pawn Shops

Pawn shops are fast and accessible. Selling your ring or watch is usually the quickest way of getting the money especially if you require the cash immediately. Most pawn shops do buy diamonds, gold jewellery and wedding ring.

However, the offers you get may not be the actual value of your item. If you have the time on your hands, it is advisable to shop around in a bid to find the best prices available. However, when it comes to quick sales, few can compare to pawn shops.

Specialist Diamond Buyers

If your diamond ring is of good quality, then a diamond specialist may give the best offer. These buyers appreciate the cut, clarity, colour and carat of the diamond and could provide more accurate estimates than other jewellery stores.

It is important to note that some of the specialist diamond buyers provide free appraisals and estimates. Always ensure that you are dealing with a certified or experienced person in the business of sell diamond ring.

Sell Diamond Ring by Online Jewellery Buyers

Online selling is on the rise, and it usually provides you with access to the national market rather than the local one. There are many genuine and popular websites that provide free selling of the jewellery and they provide insured postage services.

Select a platform with high ratings, safe payment methods, and a helpful customer support service. Online jewellery buyers are easy to approach and possibly charge less than the physical shops research on their terms and fees.

Auction Houses

For expensive rings or watches, it is appropriate to offer them for sale through an auction. Genuine auction firms deal with luxury and antique goods and can assist in reaching potential buyers willing to pay a lot of money for the item.

Although auctions are not free, they provide an opportunity to earn much more if the item is unique or a limited edition. You will also get professional guidelines on how to offer your item effectively.

Gold Buyers

If your jewellery is more valuable in terms of gold as compared to the design then a gold buyer may be your best bet. These shops will weigh your items and compensate you according to the present market price of gold. It is a fast process, and one is paid for the specific service that one is offering to another.

It is advisable to check the gold rate for the day and visit a couple of places to make a comparison. Most towns and cities have gold buyers and are suitable for broken or old pieces that you do not wear anymore.

Final Tips Before You Sell

• Get a valuation first: Before selling your item you should first determine its worth.
• Polish your jewellery: Jewellery shines when it is cleaned making it more attractive.
• Certificates and receipts: They are useful because they provide proof of the item’s origin.
• Research: The first rule to follow is to do your homework.
• Be prepared to bargain: Particularly when dealing with individual buyers or small shops.

So, you do not have to stress yourself when selling your wedding ring or any kind of jewellery. Just trust Sell Your Diamond Ring.