Sell Engagement Ring

We are specialists in engagement ring valuations. We offer you free advice and answer any questions you may have when you sell an engagement ring to us. Selling engagement rings can sometimes be emotionally difficult, especially after a divorce or breakup. WP Diamonds offers a professional, smooth, and highly secure service. You will be able to realize much more money from your asset using a well-established, global business like WP Diamonds and you will have your money in 24 hours. We are BBB A+ Rated.

Get Your Offer

Sell Engagement Ring and have cash in your account within 24 hours, we buy all diamond engagement rings

Watch how to sell your engagement ring

How to sell an engagement ring online?

Selling an Engagement Ring online is simple. If you select a trustworthy buyer, selling online should be more reliable than local options. Selling can take as little as 2 days from start to finish or you can sell instantly in an appointment.

  1. Complete the Online form with as much information as possible
  2. Receive your initial valuation by phone or email
  3. Ship us your engagement ring fully insured via FedEx at no charge or make an appointment
  4. A member of our team will contact you with a full  valuation and offer
  5. If you accept, payment can be received within 24 hours for wires or take a check at appointment

Selling An Engagement Ring

You can sell diamond engagement rings from anywhere in the USA and the rest of the world. Sell an engagement ring with free insurance and free shipping if you sell your engagement ring online. You can also sell engagement rings of all kinds with WP Diamonds in an appointment at one of our locations.

WP Diamonds is a different. We have taken a traditional business model and made the process fast, simple and secure. We are different to auctions. You will get your money in 24 hours and we don’t take any fees and you will be able to sell with the certainty in the returns you will get unlike auctions.

How much is my engagement ring worth?

Engagement rings are surprisingly complex items to value. Diamonds have over 20 main factors that govern their value. At WP Diamonds we have world class experts that have superior industry connections. We will return the most competitive offer possible in the context of the market.

  1. The 4’cs – color, clarity, cut and carat weight are the basic ingredients of determining value
  2. Is the diamond certified? Some certificates are more reliable than others and will affect your initial estimate
  3. The condition of the diamond. Are there any chips or abrasions? If so the price will be affected
  4. Your return % of the retail price will depend on the buyer your select and what kind of deal you got when it was purchased
  5. Market conditions. Is the shape of your stone in fashion? Are the proportions of your stone desirable in the market?

If your stone is GIA certified and has an Excellent Cut Grade your stone is likely to fetch a premium. You can learn more about GIA Cut Grade here.

Where to sell an engagement ring?

Selecting the correct outlet/buyer for your engagement ring is important as it will enable you to achieve the price you want and to sell in a safe and secure manner. The highest estimates do not always guarantee the best final returns as some organizations will use estimates for marketing purposes only.

 

Pros Cons
Direct Online Very fast and with good returns Finding a trustworthy buyer is not always easy
At Auction Very expensive diamonds achieve great results Variable prices mean uncertain returns and selling can take a long time
Consignment Results can be impressive if give long enough Expect your ring to take a long time to sell
Private Buyer Returns can be high Finding someone can take a long time and there are risks selling face to face
Local Retailer Local means sellers often trust retailer Retailers only buy particular types of rings

What types of engagement ring can you sell?

If you have a certificate from the GIA, IGI, or EGL USA, for example, the initial estimate you are given is going to be very close to the final offer made. Labs are independent and are experts at grading diamonds. The GIA, for example, is an industry leading Gemological Laboratory. Send us the information from your Certificate to get an accurate initial valuation.

 

Where is The Value Considerations
Round Cut A GIA certified stone with an Excellent’ cut grade then it could carry up to a 30% premium. Round diamonds will retain more value than fancy shaped diamonds.
Princess Cut Diamonds with a VS or SI clarity grade are doing especially well Princess Cut Diamond Engagement Rings –are the second most popular shaped diamond
Other Fancy Shapes Ovals and Pear shaped diamonds are currently producing good returns. Fancy shapes are less traded and less popular so are less value than the same weight round stone
Trilogy The center diamond is usually slightly larger than the two side stones. Each stone should be valued for its own attributes to maximize price.
Shoulder Set The center stone should hold the majority of the value and a certificate generally only covers this diamond.  The smaller diamonds also hold some value and they should be included in the final offer.

How To Find The Right engagement ring buyer?

Finding the right buyer for your engagement ring should not turn into an ordeal. By following some simple advice you can shortcut the normal pain points and conduct a successful sale.

  1. Research their reputation both online and offline if necessary, look at Yelp, Google + reviews
  2. Choose a buyer with a Better Business Bureau Rating and look at their history on the BBB website
  3. Look out for the price range a buyer will give you, for example a range of $2000-$4000 for a GIA certified stone is too wide
  4. Analyze their communications. Are they available via phone? Do they respond quickly? Are their emails professional?
  5. Does the buyer have a physical location? If you can setup an appointment in addition to selling online you can be more assured
  6. A serious buyer should be willing to provide free insurance and free shipping. If a company is asking you to cover the costs, think twice.

Why sell an engagement ring online?

Selling your engagement ring or just selling the diamond (and keeping the setting) can free up cash or possibly allow you to buy a larger diamond or restyle your engagement ring. Engagement rings can retain a strong second hand value.

  1. Emotionally move on from a past relationship
  2. Do something positive with the money
  3. Free up finance without taking out loans which require interest payments
  4. Upgrade or downgrade your jewelry and find another special piece for your collection
  5. Sell the diamond and keep the setting, this allows you to free up money and reset with a different stone

Selling engagement rings to WP Diamonds will ensure you get the best return on your diamond. We have a team of diamond experts who will value your diamond. We buy and sell diamonds in the international market, our size means we are able to offer an accurate valuation because we will be recycling the diamonds ourselves; there are no third parties involved. Pawnbrokers, local jewelers, or some online buyers may not have the necessary experience or market knowledge to offer such a competitive price.

How it Works

Just like your diamonds, our process is unique. We want to give
you the most accurate price and make sure that we insure your
items for the right amount, so we ask that you fill out an initial
valuation form. Don’t worry, it’s easy. And if things don’t work
out, we send your items back to you free of charge.

1
THE FORM

Complete our online
valuation form

2
INITIAL VALUATION

Receive your initial valuation
by phone or email

3
SHIP YOUR ITEMS

Ship us your items fully insured
via FedEx at no charge
or make an appointment

4
EXPERT VALUATION

A member of our team will
contact you with a full
valuation and offer

5
GET YOUR OFFER

If you accept, payment can be
received within 24 hours

Contact Our Experts

With over 150 years of experience in the diamond industry, we are experts in engagement ring valuation, metal assessment and market conditions. Our process is unique and ensures that you get the best price possible for your engagement ring, quickly and stress free.

CALL 646-758-0270

Our experts have bought and sold engagement rings worldwide

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