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Selling my rings - is this a fair price?

My engagement ring alone is worth $3500 and the wedding band was another $1000.  I received an offer for $900 for the set.  Should I take it, or wait to see if I can get more money?

Re: Selling my rings - is this a fair price?

  • I would take it. Mine was $2000 for e-ring and $600 for band. I think I got $500 total for both.
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  • Take it and be done!
  • Do you need the money?  Why not have it reset into something nice?
    image "Before you diagnose yourself with depression or low self esteem, first make sure you are not, in fact, just surrounded by assholes.
  • imageWahoo:
    Do you need the money?  Why not have it reset into something nice?

     

    Why would I want that memory hanging around?  

  • I'm shocked how little you can get for the rings considering how much their were appraised for. I don't know what I'll do with mine. I was hoping to get a good chunk of change but it doesn't seem like I will.
  • Out of curiosity, where are you trying to sell? I don't think I would sell mine, since I picked them out and designed them myself, so more a memory of my tastes as opposed to his, but I do have some other jewelry that I would consider selling.
  • I would take it.  I sold mine two years ago and was shocked at the price difference from appraisal to sale price.  I held out for almost a year because I couldn't believe what I was being offered.  Mine was originally purchased for 12k...appraised at $13k and I sold it for $4k. 
    Tina Mommy to "M" (age 6.5) and "K" (age 4.5) I am a single mommy who represented myself in a 2.5 year custody battle and divorce. www.onemomsbattle.com Find me on Twitter: OneMomsBattle My Blog: OneMomsBattle.com
  • imagejaime ma famille:

    imageWahoo:
    Do you need the money?  Why not have it reset into something nice?

     

    Why would I want that memory hanging around?  

    It's a piece of jewelry.  You choose what memory you want to associate to it.  You could just as easily have it made into a nice necklace / pendant and think of it as part of your journey to where you are now.

    image "Before you diagnose yourself with depression or low self esteem, first make sure you are not, in fact, just surrounded by assholes.
  • I really don't understand ring appraisals.  They always seem to be so extremely high, even more than what people paid, and waayyy more than what anyone would be able to sell for.
  • I would take it too...mine was worth similar and I think I got $800.  It wasnt doing me any good in my jewelry box.
  • imageWahoo:
    imagejaime ma famille:

    imageWahoo:
    Do you need the money?  Why not have it reset into something nice?

     

    Why would I want that memory hanging around?  

    It's a piece of jewelry.  You choose what memory you want to associate to it.  You could just as easily have it made into a nice necklace / pendant and think of it as part of your journey to where you are now.

    For some people it's a piece of jewelry that is only associated with bad memories.theres not a chance in hell I'd keep my rings or turn them into some other piece.  

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  • imageMintChocoChip:
    imageWahoo:
    imagejaime ma famille:

    imageWahoo:
    Do you need the money?  Why not have it reset into something nice?

     

    Why would I want that memory hanging around?  

    It's a piece of jewelry.  You choose what memory you want to associate to it.  You could just as easily have it made into a nice necklace / pendant and think of it as part of your journey to where you are now.

    For some people it's a piece of jewelry that is only associated with bad memories.theres not a chance in hell I'd keep my rings or turn them into some other piece.  

     

    THIS. I would never keep my rings. Ever. Not one diamond. 

  • Take it!  You can only expect to get about 25-35%.  I had an e-ring (no band) worth $9K and I was told I could get around $3,500 on consignment.
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  • imageMintChocoChip:
    imageWahoo:
    imagejaime ma famille:

    imageWahoo:
    Do you need the money?  Why not have it reset into something nice?

     

    Why would I want that memory hanging around?  

    It's a piece of jewelry.  You choose what memory you want to associate to it.  You could just as easily have it made into a nice necklace / pendant and think of it as part of your journey to where you are now.

    For some people it's a piece of jewelry that is only associated with bad memories.theres not a chance in hell I'd keep my rings or turn them into some other piece.  

    Ditto this.  There's no way I'd keep that thing.  I should never have accepted it in the first place!  Plus I always thought of XH chucking it across the room when we were fighting one night.  Luckily (or not so luckily) we wound up finding it after an extensive search!

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  • I would just take it and be done with it. You really can't get too much out of it and buyers are few and far between. My appraisal was for over 9K and I sold for $1,300. I was just happy to pay a few months rent instead.
    image BNOTB Awards
  • we are going through something similiar. 

    my E-ring diamond was worth $2600 (according to the cert from the whole sale where we bought it) .  it isn't GIA certified, but it is 1 ct, G color, SI2...the cut isn't perfect, the depth and table proportions aren't perfect either, which is why we didn't get a great offer.   i paid $600 for my wedding band (the same one now retails for 900).  i could pay $100 and get it GIA certified, but we have another option we are persuing.  Grnated my appraisal said my E-ring was worth 8K...but we paid 2900 for the ring and setting. 

    when BF bought the diamond for my new ring we sent my old set in to MDC diamonds to see what they would offer us for both, they said 1K.  I said send them back.  I can upgrade or get $2600 towards wedding bands/jewelry from where XH and I bought my old E-ring, so we are going to do that.  I am taking my wedding band to see what they will offer for it, and we are going to ask them what they would offer to buy the E ring back vs trade. 

     if you have the GIA certs, i'd try to get more, i think $900 is a BS offer.  i'd try to sell it myself before i took that. 

    it sucks because you sell it back for a pittance and they go and mark it back up and make a profit.

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