Author Topic: How do I sell a ring??? (Read 1866 times)

SkyePrizm · « **on:** October 23, 2007, 04:36:23 pm »

My ex gave me permission to sell my engagement ring. he actually told me to go do it. so now i am trying to figure out where to go. I am definitely NOT going to a pawn shop because i know that will just equal getting ripped off. I didn\'t know if anyone knew locally of jeweler who would buy a diamond ring in the CT/MA/RI area. I\'d be willing to drive if it was a place with a good reputation. Or if anyone had any other ideas.

derickw · « **Reply #1 on:** October 23, 2007, 04:41:26 pm »

wow he GAVE it to you...... crazy bastard. i took mine back. safe keeping for when i REALLY need money

a lot of the time if you go to a jeweler they\'ll buy it from you at a reasonable price. just go to a couple local family owned places get a couple prices and go to the best one

Drew_Kingsley · « **Reply #2 on:** October 23, 2007, 04:45:45 pm »

Good Ole Tom

(tell me I\'m not the only one who knows this commercial)

SkyePrizm · « **Reply #3 on:** October 23, 2007, 04:53:31 pm »

Quote from: Drew_Kingsley;165489

Good Ole Tom

(tell me I\'m not the only one who knows this commercial)

my friend james just jokingly said that to me on the phone! lol

Quote from: derickw;165485

wow he GAVE it to you...... crazy bastard. i took mine back. safe keeping for when i REALLY need money

a lot of the time if you go to a jeweler they\'ll buy it from you at a reasonable price. just go to a couple local family owned places get a couple prices and go to the best one

I plan on paying for school next semester with the funds from the ring. At least it\'s going to a good cause. :shrug: I was surprised he didn\'t want it. he said it has bad karma. I sort of agree.

thanks for the advice!

Todd · « **Reply #4 on:** October 23, 2007, 05:27:58 pm »

Guilford Coin Exchange is owned by someone my father and I have known forever. They buy and sell jewelry also. Tell Steve that Todd Anderson referred you. REALLY nice guy and he\'ll give you an honest appraisal.

69 Whitfield Street
Guilford , CT O6437
Contact: Steve P. Lutar
Phone #: 203-453-9363
Hours: Monday - Saturday 9:30 - 5:30

SkyePrizm · « **Reply #5 on:** October 23, 2007, 05:33:36 pm »

Quote from: Todd;165501

Guilford Coin Exchange is owned by someone my father and I have known forever. They buy and sell jewelry also. Tell Steve that Todd Anderson referred you. REALLY nice guy and he\'ll give you an honest appraisal.

69 Whitfield Street
Guilford , CT O6437
Contact: Steve P. Lutar
Phone #: 203-453-9363
Hours: Monday - Saturday 9:30 - 5:30

thank you sooooo much, Todd. I am definitely doing this tomorrow...

Whoareyoumacher? · « **Reply #6 on:** October 23, 2007, 06:36:20 pm »

so...what is the ring like...

weekapaug19 · « **Reply #7 on:** October 23, 2007, 06:53:45 pm »

Quote from: Drew_Kingsley;165489

Good Ole Tom

(tell me I\'m not the only one who knows this commercial)

exactly what i was going to type

SkyePrizm · « **Reply #8 on:** October 23, 2007, 07:04:57 pm »

Quote from: Whoareyoumacher?;165516

so...what is the ring like...

i think its modest. i am not a jewelry girl, so it fit me nicely. I have very small hands, so anything large looks awkward.

theres a 1 carat diamond in the middle and two smaller .5 carats on each side. It has a platinum band.

SlimPickens · « **Reply #9 on:** October 23, 2007, 07:37:33 pm »

1. Did your ex have it appraised after the purchase? If he did, you should def get a copy of the appraisal.
2. Nobody will give you the appraised value for the ring, you can expect b/w 50 - 60%
3. You should bring it to a jeweler that will allow you to put it on consignment.

SkyePrizm · « **Reply #10 on:** October 23, 2007, 07:57:42 pm »

Quote from: SlimPickens;165530

1. Did your ex have it appraised after the purchase? If he did, you should def get a copy of the appraisal.
2. Nobody will give you the appraised value for the ring, you can expect b/w 50 - 60%
3. You should bring it to a jeweler that will allow you to put it on consignment.

he didn\'t have it appraised. Is that something you should normally do? (for future info). I was figuring I wouldn\'t get the full amount it was worth. But i\'ll be happy with whatever. Now, not to sound stupid, what do you mean by "put it on consignment?"

jocelyn · « **Reply #11 on:** October 23, 2007, 08:03:42 pm »

They sell it for you at their store, and take a percentage of the sale once they get rid of it. As opposed to them buying it from you and then re-selling it.

SlimPickens · « **Reply #12 on:** October 23, 2007, 08:04:38 pm »

Quote from: SkyePrizm;165536

Quote from: SlimPickens;165530
1. Did your ex have it appraised after the purchase? If he did, you should def get a copy of the appraisal.
2. Nobody will give you the appraised value for the ring, you can expect b/w 50 - 60%
3. You should bring it to a jeweler that will allow you to put it on consignment.

he didn\'t have it appraised. Is that something you should normally do? (for future info). I was figuring I wouldn\'t get the full amount it was worth. But i\'ll be happy with whatever. Now, not to sound stupid, what do you mean by "put it on consignment?"

I don\'t know if everyone does it. But some people get rings appraised for insurance purposes.

As long as you know how much the ring was purchased for, you have a good starting point.

Consignment = you display your ring at a jewelry store. you set the price you want to get for the ring. if the ring is sold, they get a %.

spacebrush · « **Reply #13 on:** October 23, 2007, 09:04:28 pm »

I believe while pondering the situation at hand the best option at this point, would be to get a ladder and show up at the window of c.piccirillo\'s thinking pad and present the jewel to him accompined by a pretty poem.

FreeSpirit · « **Reply #14 on:** October 23, 2007, 09:05:17 pm »

try Ebay