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 Where to sell engagement diamond ring, Reliable platform to sell diamond ring

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TSALEX_L1M P
post May 6 2019, 11:41 AM, updated 6y ago

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Hi all,

Appreciate if you guys can provide me some suggestions. I have a diamond ring to sell off. I know diamond has no resale value.
However, it's pointless for me to keep the ring anyway.

I am not sure whether the boutique where I bought the ring from will accept trade in. Or buy it back with much lower price. Probably will lose 60% of value.
I'm thinking to sell it on Carousell, Mudah etc.

What do you guys think?




TSALEX_L1M P
post May 6 2019, 11:53 AM

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QUOTE(hightechgadgets8 @ May 6 2019, 11:44 AM)
i think you ald have all the suggestions we are going to give. if you are selling online, do include the certificate for the diamond as that is what give the diamond its value
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How much price should I put? Half price of the ring value?
Btw. How does selling online work? COD? Then the buyer will bring cheque or?
How to ensure it is a safe transaction for both parties?


TSALEX_L1M P
post May 6 2019, 12:11 PM

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QUOTE(Hades76 @ May 6 2019, 11:54 AM)
Sell direclty you will get more money. Selling back to shop will be easy but lose quite a fair bit.
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Yea, but not easy to find buyer. Plus the sizing has to be suitable too.
TSALEX_L1M P
post Jun 21 2019, 04:35 PM

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QUOTE(kambingkoh @ May 6 2019, 05:16 PM)
Try this: https://www.pricescope.com/sell-your-diamond, see if you can get a quote.

Actually pajak gadai might take in also, but you will suffer heavy loss.
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Hi, sorry for disappeared for so long and now coming back to this thread again.

Wanna ask, do diamonds value goes up? For example, if my ring is worth 10k.
If I sell it now vs I sell it 10 years later, which will give me higher return?

Or it doesn't have much difference due to inflation?
TSALEX_L1M P
post May 5 2020, 01:23 AM

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QUOTE(infiniti123 @ Aug 5 2019, 04:16 PM)
very brand dependent too,
mum got a 2.06 carot tiffany diamond ring for for 98k around 6 years ago. now in retail they're selling atleast 240k for 2.04carot ring
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Increased that much? 140k increase after 6 years? Mine was slightly lower than 30k, 0.5x carat, C brand. But the shop will buy back according to your purchase price, right? Not according to current market price.

 

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