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

Krista Norman
Krista Norman
2024-06-03
Nic and team were really quick to get back to me on purchasing my old rings. They were professional and knowledgeable and made the experience really easy. Would definitely recommend them for buying or selling jewelry.
Nathan Bell
Nathan Bell
2024-06-01
I was looking for a place to sell my engagement ring after my divorce. Nic and Gili were professional and took great care of me. They made the process super easy.
Rebecca Alworth
Rebecca Alworth
2024-05-31
⭐⭐⭐⭐⭐ My husband and I recently purchased a stunning diamond wedding ring from Diamond Exchange, and we couldn't be happier with our experience. Gili, the owner, and Nic provided us with exceptional service from start to finish. Not only did they help us find the perfect replacement for my lost ring, but they also went above and beyond to ensure we made an informed and comfortable choice. Their expertise and professionalism were truly outstanding. The quality of the diamond ring we selected is beyond words - it's absolutely breathtaking. The craftsmanship is impeccable, and the sparkle is just mesmerizing. It's a symbol of our love and commitment, and we are overjoyed with it. If you're in search of a trustworthy and knowledgeable jeweler, look no further than Diamond Exchange. Gili and Nic made this significant moment in our lives even more special. We're grateful for their assistance and the exceptional piece they provided. Highly recommend! #DiamondExchange #ExceptionalService #BreathtakingRing
Jay Jordan
Jay Jordan
2024-05-24
Not your big retail jewelry store. Gil was great to work with and no pressure sales.
Emily Haise
Emily Haise
2024-05-22
I had an amazing experience with Nick. He took his time going through every thing I brought to make sure I was able to get top dollar. He went above and beyond and was very informative. Best place to sell gold and diamonds and get the best price. I will never go anywhere else to sell jewelry again. Also when we are ready to buy an engagement ring we will be back because they have the best prices in Houston.
Marcus [2X] P
Marcus [2X] P
2024-05-08
Great store if you want to purchase or buy gold. Very honest store who is willing to educate the consumer and inform them to make a quality purchase. The jewelry game is very intricate and this is a place to learn and buy from. Overall 5/5. Will be back!
A. M.
A. M.
2024-05-03
Gili, Mariana and their team are really wonderful. My husband said they were very helpful and patient in helping him pick the perfect diamond necklace for my birthday. The necklace is simply perfect and dainty - just my style.
Hillary McMillan
Hillary McMillan
2024-05-03
I had the pleasure of working with Gili to replace my lost engagement ring. He was very helpful and transparent throughout the entire process. In just a 2 week turnaround I had a new beautiful ring! I get so many compliments and most importantly I’m one happy wife. Thank you Diamond Exchange Houston for making the best of an unfortunate situation. I highly recommend their expertise for quality diamonds!

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