Wedding Ring Resale Value

The price you can get for your diamonds or other gemstones will be closer to the wholesale prices jewelers pay to their suppliers.

Wedding ring resale value.

18k which is 75 of pure gold is usually the highest bands. Why is there a difference between retail and resale value. People always forget about the band. Therefore the metal value of your ring will depend on when you sell and the market on that day.

The resale value of a diamond can vary hugely depending on its carat weight color cut quality clarity and numerous other factors. The metal can also affect the value of your ring. There are different types of gold including. Gold jewelry typically ranges from 9kt to 22kt.

It is important to remember that taste is subjective and every buyer has unique concerns. If you have a unique or custom wedding ring it might perform better than a plainer style. However pre owned diamond rings rarely sell quickly especially at near retail prices meaning you may need to wait for a long time before your ring finds a buyer. No diamond ring is complete without something to set the gem on.

Larger stores will likely have a higher markup than your local independent jeweler. Recently sold wedding rings. However it is gold purity and not color that impact its value. In general the reason your engagement ring is worth less in a resale transaction is the idea of markup noted above.

When gold is 24k it is 100 pure. Platinum rings tend to be the most valuable. Metal prices fluctuate so their value changes on a daily basis. 24k is usually too soft for jewelry use.

Diamond rings are typically made with a gold band. If your wedding ring has any stones such as diamonds their resale value will be lower than the retail price similar stones sell for at the jewelry store.