Monies worth professional#
The best way to get a fair and firm price for your ring is to work with a professional jewelry buyers with a thorough understanding of the diamond market. Even if they only give you an approximate idea of the details of your ring, this information will help a ring buyer provide you with an initial price range.
Monies worth free#
You should not pay for an appraisal a local jeweler should able to answer your questions free of charge. The good news is that you can find most of this information out at no cost. What if I Don’t Have Any Information On My Ring? As such, they are able to assess and value your ring based on the current secondhand market. At WP Diamonds, our team of jewelry buyers are experts in jewelry history and designs.
Antique is defined as pieces over 100 years old.Įstablishing a value for vintage or antique rings requires specialized knowledge. Vintage is defined as pieces between 20-100 years old. If you are looking to sell an antique or vintage ring, this could help increase its price. If you still have the original box and papers that came with your ring when it was originally purchased, this will also add to its value. The lower the markup, the more you will receive at resale.įurthermore, designer pieces such as Cartier and Tiffany rings perform well on the secondhand market, as most buyers will pay a premium for the brand name. However, it is important to note that large retail jewelry stores have higher markups than smaller, local jewelry stores.
When it comes to selling and setting realistic price expectations for your ring, you should expect to receive between 25%-45% of the original retail price. Karat weight refers to the percentage of pure gold: the higher the karat weight, the purer and therefore more valuable it is. Gold jewelry typically ranges from 9kt to 22kt. However it is gold purity and not color that impact its value. There are different types of gold including: yellow, rose and white gold. Therefore the metal value of your ring will depend on when you sell and the market on that day. Metal prices fluctuate, so their value changes on a daily basis. Most rings are made of either gold, platinum or silver. You do not need to pay for a diamond appraisal. If you do not have a diamond certificate or jewelry appraisal with this information, a local jeweler will normally be able to provide this free of charge. Other diamond grading laboratories however vary in the reliability of their grading’s and so may be taken with a pinch of salt. GIA certificates are the gold standard in the industry and as such their grading’s are very rarely disputed by any diamond buyer.Īs such, GIA certified diamonds often receive higher prices.
If your diamond ring has been certified, you can find this information on the certificate. With this information, diamond buyers will be able to calculate a price for your stone. If the main stone in you ring is a diamond, you will need to know the 4 C’s of your stone in order to receive an initial valuation. The more information you have on the main stone, the better a position you are in for selling your ring. So the first step is to establish what kind of stone it is: is it a ruby, emerald, sapphire, diamond? Then you will need to ascertain its exact characteristics. The center stone plays an important part as it is often the most valuable aspect of the ring.
When looking to understand what your ring is worth, take a close look at the center stone. The value of your ring or engagement ring is dependent on the following:
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