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Engagement rings are beautiful, sentimental pieces of jewelry — and they are also quite valuable. Are you looking to sell an engagement ring in Seattle (or anywhere, for that matter)?
This guide will explore the ins and outs of selling engagement rings. We’ll cover how to sell your ring safely, where to sell it, and how to get the most money possible for your jewelry.
This is, of course, a highly personal question. There are plenty of good reasons to sell an engagement ring, but only you know whether it’s the right choice for you.
Perhaps you’re going through a divorce, and are ready to part ways with physical reminders of your past relationship.
Or maybe you’re facing financial difficulties as a couple, and are considering selling some valuables.
Or perhaps you’re only wearing your wedding ring, and your engagement ring is sitting around gathering dust.
Whatever your reasoning, it’s wise to take some time to think through your decision to sell your engagement ring.
The value of an engagement ring depends on many factors, including:
When it comes to valuing an engagement ring, one thing is important to understand: You won’t be able to get back as much as you paid for the item. Engagement rings hold substantial resale value, but don’t expect to recoup your initial investment.
There are a few different ways to sell an engagement ring, including:
Of these three, the simplest by far is to sell to a local jeweler. If you’re in the greater Seattle area, consider selling your ring to Bellevue Rare Coins. We have locations in Bellevue, Lynnwood, Issaquah, and Tacoma. Bellevue Rare Coins employs friendly GIA-certified jewelry experts who can assess the value of your ring and prepare a no-obligation cash offer.
One step up in difficulty is selling on an online platform, like eBay. If you don’t have experience with these platforms, we don’t recommend this route. Scams are unfortunately common, and you’ll have to fork over 10%+ in fees to eBay (plus pay for insured shipping). It can also be difficult to find buyers if you have a new account with no reviews. Would you buy an engagement ring off eBay from a brand-new seller? We sure wouldn’t!
The most difficult, but potentially the most lucrative, would be selling your ring directly to another person who is getting engaged. Finding a buyer directly can be difficult, but if you manage it, you might be able to get more for your ring. Just be sure to meet in a very safe location (police station parking lots are a good option) and be wary of scams.
We do not recommend selling to pawn shops because they pay far less than your jewelry is worth.
To sum up, the simplest way to sell an engagement ring is to find a trusted local jewelry expert to sell it to. In the Seattle area, Bellevue Rare Coins is your best option.
Bellevue Rare Coins is the best place to sell engagement rings in Seattle. We have four stores in the following locations:
Our process is simple. Stop by any one of our locations or make an appointment online. Our friendly staff will examine your item, verify the diamond’s carat and authenticity, and provide a no-obligation offer. If you accept our offer, you can walk away in just a few minutes with cash or a check in hand!
You can learn more about the process of selling to Bellevue Rare Coins here.