If you purchased a diamond engagement or wedding ring for your fiancé or spouse, and the relationship has recently ended, you may well be feeling at a loss concerning what to do next with the jewelry in your hands. If you want to recoup as much as possible of your costly investment, it’s an excellent idea to consider selling it off to the highest bidder.
The First Thing to Do is Forget About Feeling Sorry
The first thing you need to do is forget about feeling sorry. Forget any notion of shame or indecency you might have about selling off your diamond ring. The fact of the matter is that the engagement is off, or the marriage has ended in divorce. The person you bought the ring for no longer desires it. Consequently, if you have managed to retain ownership of the ring, it is yours to dispose of as you please.
Forget about Pawn Shops, The Real Money Comes from Brokering Your Jewelry
The first thing you should do is forget about selling your diamond ring off at a pawn shop. Sure, it’s quick, easy money, but you very likely will not get the very best possible price for your item. In fact, it’s pretty safe to say that you will probably be literally giving the diamond ring away after working so hard and so long to acquire the money to purchase it in the first place. Why take such an obvious and unnecessary loss?
How Does a Jewelry Broker Service Work?
A jewelry broker service does not sell the ring directly. Instead, when you give them the ring, they place it for sale with a professional network of buyerswho are interested in paying good money for high quality items of jewelry.
Once your item goes up for auction, it will remain there once the highest bid has been placed, it’s ultimately the seller’s decision to accept or reject the offer. At that point, the ring will sell, and the jewelry broker will take a predetermined amount in commission from the sale. The rest of the money is quickly provided to you, wiring it to your bank or check.
The process is quick, efficient, and much more profitable than selling it at a pawn shop. If you have any additional questions, concerns, or comments, please feel free to log on to https://www.diamondlighthouse.com/best-place-to-sell-diamond-ring for more information.
