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 Post subject: Diamond Ring
PostPosted: Sun Oct 28, 2018 10:45 pm 
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Joined: Mon Aug 08, 2011 1:03 pm
Posts: 503
Location: Juneberry - HVOP Phase 3
My in law has a costly diamond ring that she is looking to sell. I am hopeful to help in getting her the best possible return on the ring, but am unaware of what the best options might be. Any advice would be greatly appreciated.


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 Post subject: Re: Diamond Ring
PostPosted: Tue Oct 30, 2018 7:02 am 
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Joined: Sun Jun 01, 2008 10:14 am
Posts: 4834
Location: Milton
I think some jewelry stores sell on consignment.

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 Post subject: Re: Diamond Ring
PostPosted: Tue Oct 30, 2018 5:56 pm 
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Joined: Wed Sep 05, 2007 7:42 pm
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Location: Milton
from my very minor experience selling jewellery, you will find very hard to sell it at a price that includes the labour to make it. other-wards most people looking to purchase will pay you fair market value for the gold and diamond. And cost your MILs paid for design/cut is lost.

that said, i have to admit the new Facebook market is an amazing place to sell. items that took days and weeks to sell only took hours on Facebook. it's crazy but true.

good luck!

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 Post subject: Re: Diamond Ring
PostPosted: Tue Oct 30, 2018 6:18 pm 
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Joined: Mon Aug 08, 2011 1:03 pm
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Location: Juneberry - HVOP Phase 3
Thanks for the advice! I may look into consignment as the ring might be too expensive to sell on Facebook or any other online website.


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