How Much is My Diamond Engagement Ring Worth If I Try To Sell It?

One of the main services that we offer at Diamond Exchange Houston is we are diamond buyers. People contact us every day to sell their unwanted diamonds, engagement rings, and jewelry. Most of the time people have no idea what the true resale value is of their jewelry. Often times we are the first phone call that our customers make when they are wanting to sell an engagement ring after they go through a divorce. In this post, we will give you some insight as to what a diamond engagement ring is truly worth when you want to sell it.

What Determines The Value Of An Engagement Ring:

engagement rings value
When you go to a diamond buyer like Diamond Exchange Houston to sell an engagement ring there are certain criteria that we use to determine the value. The most important thing that we look at when buying an engagement ring is the main diamond. How big, what shape, and what quality of the main diamond determines the majority of the value. All of the small diamonds in the ring do have some value, however, the main diamond is what really determines how much we will buy it for. Also, whether the ring is made from platinum, 10k gold, 14k gold, or 18k gold adds some value.

Diamonds really start to get worth some money when they are over 1/2 carat. When a customer brings us a “cluster ring”, a ring with nothing but small diamonds, the buyout is not typically too high. The reason for this is that there isn’t a main diamond to base the value on. The bigger and nicer the main diamond the more an engagement ring is worth.

The problem with the value of most people’s diamond engagement rings is that they paid too much initially. Customers who do not do their research on the best place to buy an engagement ring will go to retail jewelry stores and overpay.

The Best Way To Sell An Engagement Ring:

engagement ring sitting on some cash
When you go and try to sell an engagement ring the price you might get offered can be shocking! A diamond buyers goal is to buy the ring for the least amount possible while trying to remain fair. That is why it is always good to check several places to see who might offer you the most cash for your engagement ring.

When people call Diamond Exchange Houston to sell their engagement ring we often encourage them to go somewhere else first so they can see what other diamond buyers might offer. The reason we often encourage our customers to get offers somewhere else first is that we don’t like to be the “bad guy” that is the first to tell them what it is truly worth. Customers often think that their ring is worth a lot more than it is maybe because of the price that they originally paid or because of an inflated appraisal. Jewelry appraisals often have a very high inflated value that is way more than the actual cost of the diamond ring.

The best way to sell an engagement ring or diamond jewelry is to contact the experts at Diamond Exchange Houston. We have several different options including cash for diamonds and jewelry consignment.

How To Get An Estimate When Selling Your Engagement Ring?

If you have an engagement ring that you want a FREE estimate on then contact the expert diamond buyers at Diamond Exchange Houston. We will give you a cash offer to buy your engagement ring as well as an amount we can try to sell it for on consignment. Get started today by filling out our contact form or by calling us at 281-623-1105.

Happy Customers

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   Stuart Miller 
 
 
 
 Trustindex verifies that the original source of the review is Google. We went to diamond exchange to upgrade my wife’s wedding rings.  We brought a picture and description of what we wanted and they did a wonderful job! We will definitely be back for more jewelry
  
 
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   T/D 
 
 
 
 Trustindex verifies that the original source of the review is Google. I had such a beautiful ring made here... TWICE!! I can't tell you how happy I am with my rings. They were made exactly to what I had in mind. Leon will definitely make you one satisfied customer. Don't hesitate. DK
  
 
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   Latroy Mayfield 
 
 
 
 Trustindex verifies that the original source of the review is Google. These guys are amazing ! Always pay too dollar for gold jewelry. Process is super fast and easy we come here often and look forward to continuing business with them !
  
 
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   Sam Tekie 
 
 
 
 Trustindex verifies that the original source of the review is Google. I went to Diamond Exchange to get an engagement ring for my fiancée - I couldn’t recommend a better jeweler in the Houston area! Leon is so knowledgeable and incredible to work with - kindly answered all of my questions throughout the process and delivered a perfect ring. Easy location to get to in Montrose - I would happily recommend anyone interested in high-quality, unique jewelry to come to Leon!
  
 
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   Anika Ross 
 
 
 
 Trustindex verifies that the original source of the review is Google. I can’t say enough about our experience with DEH! From our very first meeting to picking out my beautiful engagement ring, the entire experience was happy, joyous, and truly special.

Leon made me feel so comfortable throughout the process. He listened to all of my concerns and preferences and really took the time to make this experience with my husband one we’ll always remember. You truly can’t put a price on exceptional client service, and they absolutely knocked it out of the park!

I’m so happy with my ring upgrade, and they also refinished my husband’s wedding band, which now looks better than new. The quality of the stones and craftsmanship is absolutely beautiful.

Thank you, Leon and DEH, for making this such a memorable experience. It’s something I’ll always think about whenever I look at our beautiful rings. :)
  
 
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   Gianna Fagan 
 
 
 
 Trustindex verifies that the original source of the review is Google. Enjoyed my experience designing my custom ring. Leon made everything effortless, from selecting our diamond, designing, receiving our CAD drawings to the actual ring. Fast quick amazing service.
  
 
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   Cj Genoway 
 
 
 
 Trustindex verifies that the original source of the review is Google. This is the only place I'll go for jewelry.
I had a custom engagement ring made, and it's absolutely beautiful. I also had my lady's bracelet and a ring repaired. Absolutely flawless work. I highly recommend Diamond Exchange Houston.
  
 
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   Sandi DeJonge 
 
 
 
 Trustindex verifies that the original source of the review is Google. Very quick, simple and to the point. No BS. Will use again
  
 
  
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