How to Sell an Expensive Diamond Ring

Most women love diamonds, especially expensive high-quality diamond rings, which makes it easier to sell yours when you no longer want it. Whether or not your diamond is from a failed engagement, broken marriage or just something you no longer want, you have a number of available options for selling your ring at any given time. The Internet, jewelry stores and private sales make it easier than ever to sell diamond rings.

Instructions

1

Find the original paperwork belonging to your diamond ring -- if you still have it. Showing the original price, certification information and the retailer from which you purchased the ring helps net the highest sales price for your ring.

2

Take the ring to a jeweler to have it appraised and cleaned. A certificate showing the current value of the ring from a jeweler will help sell the ring; cleaning it makes it more appealing to other women.

3

Try to sell the ring to a jeweler. While it is not difficult to find a jeweler to purchase your ring, it is difficult to find one willing to purchase it for a high price. Most jewelers will offer a low purchase price for the ring, even if you have the original paperwork and purchased the ring from that store.

4

Place the ring for sale on an online auction website such as eBay or Craigslist. You can take photos of the ring, scan the paperwork and show them to potential buyers online. You also get to set your own price for the ring online and accept only offers higher than your lowest price point.