A divorce can be a painful point in your life, but you still need to think clearly and see how the assets will be split, but the diamond jewelry is yours to keep or sell…Your diamond engagement ring had a great sentimental value to you, but now that you divorced you would rather sell it and invest the money in another safe type of asset. However, you need to ensure that you will find a retailer that is indeed willing to offer you a fair market price for our diamond jewelry.
Making a good profit by selling
You really need to invest quality time into research and find a trustworthy jeweler/retailer ready to offer you the best price. Don’t rush your decision, but keep looking for the best option. A wise idea would be to evaluate your diamond jewelry before selling it. Take it to an expert jeweler and find out what is the real market value of your jewelry today. As a couple, you may have paid for the engagement ring $4,000 approximately 5 or more years ago. Today, your ring could be worth up to 30% more. This means that by selling your diamond ring, you are actually making a profit of $1,200.
Selling diamond jewelry takes time. Be patient, because you will eventually be able to sell it, but the most important thing is to sell it for the best possible price.
Be careful where you sell it
Selling diamond jewelry to private individuals is not a good idea. In other words, it is not wise to enlist your diamond engagement ring on Amazon or eBay and try to sell it. You will eventually undersell your precious jewelry and lose important money instead of making a profit.
There are many highly reputable diamond trading companies buying/selling diamond jewelry at the best prices. Here, experts will evaluate your diamond ring and come up with an offer. Then, you will review the offer and accept it only if you are fully satisfied with the respective price offer. Most of the times, these companies offer instant cash for your diamond jewelry. So when you are selling a diamond engagement ring after a recent divorce, you don’t have to put up with any frustrating questions such as for how many years did you wear it? Why are you selling it? Where did your husband buy it from? …and other such questions. Experts will just evaluate it and make the offer. No questions asked.
Taking the decision to sell your diamond engagement ring is a tough decision in itself. Don’t overcomplicate things by trying to sell it in the wrong places. Look up such a diamond buying company, and get your offer. You can make a nice profit out of selling your diamond ring, and now you can go on with your life and invest in whatever seems opportune to you: higher education, a new car, a well-deserved holiday, etc.