What Determines The Value Of An Engagement Ring:
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:
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.
Sim The God2024-04-17I sold a diamond ring here, and let me just say the customer service and hospitality is undeniable! Nick is awesome! This is a great place to bring your jewelry. The best, if you ask me!marjorie ventura2024-03-29A good friend recommended me to go to this place to get my ring sold ! I contacted them and the response was immediately, very kind, responsable and professional people. They def look for the best option for you! If you need to sell or buy this is the right place to go ! 100% recommendedTroy Bradley2024-03-28Gili and his team at Diamond Exchange are fantastic! By far the best jewelry purchasing experience I've ever had. Very comfortable environment with great quality and prices. Thanks Gili.Patrick McKiernan2024-03-27Highly recommend if you’re looking to take the next step in your relationship. I showed up knocking on the door without an appointment. Gili had some time and invited me right in. The folks from Diamond Exchange Houston were so accommodating and made the process way easier than I expected. Gili helped me pick the perfect diamond and my Fiance couldn’t be happier. The light box was the final touch that made it a done deal. If you’re looking for quick, easy, and superb service don’t go anywhere else.Debbie Munoz2024-03-20Smooth process with Mariah and Gili. Highly recommend!Jose Resendiz2024-03-19Good customer service very patient and they aren’t pushy at all very welcomingSaundra Gussman2024-03-17I recently had the pleasure of selling several pieces of jewerly at Diamond Exchange Houston, and I couldn't be more impressed with the service I received. From start to finish, the entire process was smooth, professional, and exceeded my expectations. First and foremost, Gili was incredibly knowledgeable and helpful. He took the time to carefully assess each piece I brought in, providing expert advice and guidance throughout the evaluation process. His expertise instilled confidence in me that I was receiving a fair and accurate assessment of the value of my jewelry. Moreover, I was pleasantly surprised by the efficiency of the transaction. Gili worked quickly to finalize the sale, ensuring that I received payment promptly and without any hassle. His attention to detail and commitment to customer satisfaction were truly commendable. Overall, my experience at Diamond Exchange Houston was exceptional, and I would highly recommend their services to anyone looking to sell their gold and diamonds. Thank you Gili for your patience in the number of pieces I brought. I will be back!😀Stephen Maness III2024-02-27Nic was extremely helpful, patient, & very informative. I’ve already been recommending these guys to all my friends looking for engagement rings, great prices great stock. All around amazing experience!howslife thatsnice2024-02-25Love this place! They were so helpful when designing my ring.
