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01-20-2013, 05:52 PM
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#1 | | RS controls my life!
Join Date: Jan 2002 Location: van
Posts: 770
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| Where to sell wedding ring?
Just wondering if anyone is aware of a place that will buy a diamond wedding ring that is both reputable and fair. Any suggestions would be greatly appreciated.
Thanks in advance.
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01-20-2013, 05:58 PM
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#2 | | Head Moderator
Join Date: Dec 1982 Location: Great White Nor
Posts: 22,661
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Where was it purchased from? Many jewellery stores will buy back wedding rings if you no longer need/want it, provided you bought it from them.
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01-20-2013, 07:52 PM
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#3 | | I WANT MY 10 YEARS BACK FROM RS.net!
Join Date: May 2005
Posts: 20,389
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The place i bought mine offers buy back value. They mail me a letter frequently telling me how much i can sell or trade in for another ring. If u sell it else where , they normally offer around 70% of the market value, then sell it to someone else at market price.
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01-20-2013, 08:53 PM
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#4 | | RS controls my life!
Join Date: Jan 2002 Location: van
Posts: 770
Thanked 18 Times in 5 Posts
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I am not sure if she knows where it was bought from. I can ask though. Thanks
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01-20-2013, 09:01 PM
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#5 | | My homepage has been set to RS
Join Date: Dec 2008 Location: Vancouver
Posts: 2,308
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don't know if this is the best way or most bang for your buck, but i'm pretty sure a jeweler will at least take the diamond back to reuse etc. if they want only the diamond, go to the u.s and sell the gold part at one of those cash for gold places...i heard you get more money in the u.s
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01-20-2013, 09:34 PM
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#6 | | I don't get it
Join Date: Oct 2010 Location: Vancouver
Posts: 433
Thanked 96 Times in 49 Posts
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pawn store as long as it isn't stolen.
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01-20-2013, 09:56 PM
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#7 | | I contribute to threads in the offtopic forum
Join Date: Oct 2009 Location: home
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tough luck brah.
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01-20-2013, 10:44 PM
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#8 | | What hasn't Killed me, has made me more tolerant of RS!
Join Date: Feb 2008 Location: Vancouver
Posts: 172
Thanked 29 Times in 5 Posts
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Vancouver Gold
Richmond Pawnbrokers
J&M Jewellers
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01-20-2013, 11:13 PM
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#9 | | I don't get it
Join Date: Mar 2008 Location: burnaby
Posts: 426
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the reason why a lot of pawn shops buy gold/silver and platinum is the intrinsic value associated with the metal, there is no intrinsic value in diamonds so that's why you're going to be in for a rude awakening when you try to sell it to a pawn shop.
you can go the route of selling it back to the jeweler but they give you shop credit and not cold hard cash.
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01-20-2013, 11:43 PM
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#10 | | I Will not Admit my Addiction to RS
Join Date: Jun 2002 Location: Vancouver->HK
Posts: 560
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Am I the only one interested in the back story?
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01-20-2013, 11:55 PM
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#11 | | RS has made me the bitter person i am today!
Join Date: Apr 2003 Location: Vancouver
Posts: 4,865
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Sounds like the OP has a friend or a gf that was engaged at one point and kept the ring and now wants to sell it.
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01-21-2013, 12:18 AM
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#12 | | RS has made me the bitter person i am today!
Join Date: Dec 2002 Location: YVR/TPE
Posts: 4,598
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Was this a wedding ring or engagement ring?
If it's the latter, I'd check with the ex first.
As far as law goes, the engagement ring is a conditional gift. The ex can sue for it.
If it's the former, does she have certificate for the diamond? A reputable certificate from GIA can significantly increase the resale value.
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