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sell diamond rings in the UK

Sell Engagement Rings In The UK


At WP Diamonds, we understand that selling engagement rings can sometimes be emotionally difficult, especially after a divorce or breakup. We are specialist diamond buyers, offering a professional, discreet, and highly secure service. Every customer is paired with a dedicated client representative on hand to answer any questions.

Get the best price for your engagement ring by selling to our GIA trained diamond experts. We buy your items directly and in as little as 48 hours. No waiting for us to sell it on your behalf and best of all, no fees or costs involved.

How It Works

Sell engagement rings in as little as 48 hours: Our process is unique and ensures that you get the best price for your engagement ring in as little time as possible.

Screenshot showing 6 different gem types/shapes

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1. Provide your engagement ring details using our online Price Quote Tool

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 our online form.

sell loose diamonds online

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2. You’ll receive your price quote by phone or email

The price quote will be based on the information you have provided.

selling designer jewelry

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3. Free, fully insured shipping OR schedule an appointment

Your diamond ring is then carefully examined by hand by our GIA trained gemologists.

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4. Our experts will be in touch with a final price and can get you paid

Accept our offer and get paid. Refuse our offer and we return your items at no cost. There is never any obligation to sell.

What Our Customers Have Said

Watch Our Process In Action

Why Sell Engagement Rings?

Perhaps you are interested in upgrading your diamond. Maybe you want to let go of the past and move on from a relationship. Or simply free up some cash without taking out loans.

Selling engagement rings to WP Diamonds will ensure you get the maximum return on your diamond engagement ring. We have a team of GIA trained gemologists who will value your diamond. We buy and sell diamonds daily in the international markets, 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 jewellers, or other online buyers may not have the necessary experience or market knowledge to offer such a competitive price.

How Are Engagement Rings Priced?

 At WP Diamonds, we buy diamonds of 0.5ct and above.

Round diamonds will retain more value than fancy shaped diamonds. If your diamond has a GIA certificate with “Excellent” or “Very Good” cut grade then it could carry up to a 30% premium.


Princess Cut Diamond Engagement Rings are the second most popular shaped diamond. They retain a good second hand value, if you have a certificate then you can send it to help@wpdiamonds.co.uk.

Fancy Shape Diamond Engagement Rings refer to any shape other than round brilliant cuts. Although not as popular as round brilliant, these diamonds can be very pretty and a well proportioned fancy shape can move quickly in the second hand market, therefore holding a good re-sale price.

The centre stone should hold the majority of the value. A certificate generally only covers this centre diamond. The smaller melee diamonds also hold a small value and this will be included in the final offer.
Keiko
Keiko
Anqi
Anqi
Mark
Mark
Emre
Emre
Zach
Zach
Keiko
Keiko
Anqi
Anqi
Mark
Mark
Emre
Emre
Zach
Zach

Talk To A Real Person

Our team of experts are on hand to answer any questions you may have.

How Much Is My Engagement Ring Worth?

The most important factors in determining the value of your diamond engagement ring are the 4 C’s of the largest diamond:

  • Colour grade
  • Clarity grade
  • Cut grade
  • Carat weight

How To Find Information On My Engagement Ring?

This information can be found on your laboratory certificate and often on jewellers appraisals. If do not have a certificate or appraisal, a local jeweller can normally provide this free of charge.

diamond valuation

What Other Factors Affect Diamond Value?

The 4 C’s are not the only factors that need to be taken into account. Other factors that gemmologists take into consideration when pricing a diamond are:

  • Condition Of The Diamond: The condition of the diamond is important and although diamonds are very hard, this doesn’t mean they can’t get damaged. Engagement rings are subjected to a lot of wear and occasionally get chipped or broken. Any damage will result in the diamond needing to be repaired before it is recycled and this will be reflected in its final value. The proportions of the diamond are very important and reflect on the price of the diamond. For example, a GIA Excellent Cut Grade diamond can carry up to a 30% premium when you come to re-sell. You can learn more about GIA Cut Grade here.
  • Fluorescence Of A Diamond: Another factor to consider is the fluorescence of a diamond. Fluorescence is when a diamond glows when put under an Ultra Violet light. A small percentage of diamonds fluoresce and it is often recorded on a certificate. A diamond with strong or visible fluorescence can reduce the value by up to 25%. Using a buyer, such as WP Diamonds, who are diamond experts and can assess each diamond’s unique characteristics, will get you the very best price for your diamond engagement ring.
  • Certifications: If you have a certificate from the GIA, IGI, or EGL for example, the initial estimate you are given is going to be very closer to the final offer. Labs are independent and are experts at grading diamonds. The GIA, for example, is an industry leading Gemological Laboratory. Tell us the information from the cert and we can get you an accurate valuation.

Our Offices

USA

535 5th Avenue, 11th Floor,
New York,
New York 10017

UK

212 JQ Modern
120 Vyse Street, Hockley
Birmingham, B18 6NF, UK

Hong Kong

6 Duddell Street,
Suite 604
Central, Hong Kong

Japan

Suite 822, 8F Shin, Kokusai Building,
3-4-1 Marunouchi, Chiyoda-ku,
Tokyo, 100-0005

535 5th Avenue, 11th Floor,
New York,
New York 10017

212 JQ Modern
120 Vyse Street, Hockley
Birmingham, B18 6NF, UK

6 Duddell Street,
Suite 604
Central, Hong Kong

Suite 822, 8F Shin, Kokusai Building,
3-4-1 Marunouchi, Chiyoda-ku,
Tokyo, 100-0005