Deciding to sell an engagement ring during or after a divorce has a number of financial and emotional benefits. But what is the best way to sell an engagement ring? How quickly will you get paid? Who will give you the best price?
By WomansDivorce (We may earn a commission for purchases made using our links.)
When looking to sell your wedding ring, you have a multitude of options including jewelers, auction houses, pawnbrokers, and online diamond buyers. The reality is that large auction houses such as Sotheby’s and Christies only cater for exceptional diamonds (typically extremely large stones or rare fancy colored diamonds.
Meanwhile selling on platforms such as EBay and Craigslist can be a lengthy process with no guarantee of a sale. Pawnbrokers will get you cash the quickest, but aren't diamond specialists and often pay a pittance for wedding sets. And jewelry stores have limited buying power.
Online auction platforms like Worthy, however, present your ring to multiple diamond buyers and are typically able to offer stronger prices. There are multiple reasons for this:
Finding a reputable diamond buyer takes some research. You will want to work with a company that fulfills the following criteria:
Worthy is an innovative online auction platform that presents your jewelry to professional diamond buyers to bid on so you can get the best price for your ring. They offer a quick and pain-free service, making it simple for you to get cash for your engagement ring.
How to sell your ring with Worthy:
However you choose to sell your engagement ring, you should feel comfortable every step of the way. Consider all of your options, do your research and make sure to sell your engagement ring safely, for the best possible price.