Does Selling Your Engagement Ring Online Really Earn You More Money?

Many women find themselves in a variety of situations that lead to them selling their engagement ring. While the reason for selling a beloved (maybe not) piece of jewelry is different for each women, one similarity is that many are looking to earn as much money as possible in a short amount of time. So what is the best option? The answer to that question is likely to sell your engagement ring online, but you need to make sure you find the right buyer.

The Wrong Buyers

We’ve all sold items online before, sometimes using the internet to find a local buyer, or perhaps setting up an online auction for your item. While these options may have yielded great results for past items, they likely aren’t your best option when it comes to selling engagement rings online. One reason these are not great buyers is because they are unable to inspect the diamond and verify its authenticity. If people cannot be sure what they are receiving when making an expensive purchase, you likely will only get extremely low offer that leave you unhappy. So who should you sell your engagement ring to?

The Right Buyers

Your best option for selling an engagement ring online is to use one of the reputable online diamond buyers that have been providing their services to people all over the world for many years now. Our website features in-depth reviews on each one of these diamond buyers to help you decide which buyer is best for you. Below we have some of the frequently asked questions that many first-time diamond sellers have about using an online diamond buyer.

How do the online diamond buyers afford to pay more than the competition?
There are a few reasons why online diamond buyers can pay more than the local pawnshops and jewelers. One reason is they specialize almost ecelusivally in diamonds, and can provide all of the necessary resources to their employees to make accurate valuations. If the buyer is confident in how much it is worth, they are confident in offering the customer more money. When you combine that with the low overhead costs and ability to reach customers all over the world, online diamond buyers are able to pay you more money for your jewelry.

How long does it take?
Each diamond buyer will differ slightly depending on things what they payment options and how far you need to ship your jewelry which is why we would recommend reading through our reviews to find the best buyer for you. There are some things that you can do to speed up the process, where you can have your money in as little as three days. If you have access to a printer, printing your shipping label and receiving your payment through a service like PayPal will speed up the process.

Is it free?
Yes, all of the diamond buyers on our site offer a free shipping label that can either be printed or mailed to your home.

What happens if I don’t like their offer?
Each diamond buyer gives you an amount of time to either accept or deny their offer. If you are unhappy, then simply request to have your engagement ring sent back at no cost.

What is something happens to my ring during shipping?
The different diamond buyers offer different insurance amounts on their packages. It is recommended that you determine an estimated value for your engagement ring and choose a buyer that has insurance above that value.