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 » RockyTalky
»  » How much should I expect to get selling this...
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How much should I expect to get selling this... |
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| P: 4/30/2004 2:06:38 PM | |
Fat Freoli Rough Rock Total Posts: 2 Last Post: 5/3/2004 Member Since: 4/26/2004 |
GIA certed: 1.71 RB, F, SI2, ideal cut, set in Vatche X-prong platinum ring. It was appraised by AGA at approximately 20k, with class 1B cut, and SI1 clarity. I'm not in a hurry to sell it; I can be patient for the right price. I would like to get an estimation, or a range to shoot for, so I don't hold out for an unrealistic figure. I've looked on eBay and wasn't encouraged by the activity I saw. I've thought consignment instead may be my best bet.
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| Posted: 4/30/2004 2:06:38 PM | |
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There are 4 replies to this message. There are 4 replies on this page. |
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| P: 4/30/2004 2:34:20 PM | |
GLudlow Rough Rock Total Posts: 62 Last Post: 7/30/2004 Member Since: 3/21/2004 |
I'll buy it for $100 ;-) But seriously, you can sell it for what someone is willing to pay. I really doubt you'll get the appraised value. Have you looked on the pricescope diamond search for a similar stone? I'm not sure how much the setting would go for, maybe $500 since it's platinum? Oops, you did list color E. Pricecsope says anywhere between $11 and $15k for just the diamond. I think in general trying to sell a diamond ring or a particular diamond can take a very long time unless you sell it for well under market value. That's why not everyone is a jeweler. I could be wrong, and if I am, how do I get into the business ;-)
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| Posted: 4/30/2004 2:34:20 PM | |
| P: 4/30/2004 4:05:42 PM | |
verticalhorizon Ideal Rock Total Posts: 840 Last Post: 3/24/2006 Member Since: 3/9/2004 |
I bid $101.50!! Wait, is this the Price is Right? Where's Bob Barker? Anyway, search for threads on consignment, there's sometimes a hefty fee to pay with that route. From what people have said, you may only get half. But then again, what do I know? Why are you selling? VH (aka GroomZilla) |
| Posted: 4/30/2004 4:05:42 PM | |
| P: 4/30/2004 4:37:41 PM | |
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phoenixgirl Ideal Rock Total Posts: 2,496 Last Post: 11/23/2009 Member Since: 3/20/2003 |
Here's a post from the FAQ that addresses your question: Selling a diamond Keep in mind that anyone online could get a very similar ring made brand new for give or take $10K. So it wouldn't be reasonable to assume that anyone would give you that amount or more for it . . . you're not a store where the ring can be returned or serviced. You will need to reduce the price of the ring below that enough to induce someone to buy a used ring. How much more would you pay for a used car from a dealership than for a used car bought from its owner? You might want to search for "diamond ring NR" on ebay to see how much diamond rings that don't just sit there with a "buy it now price" sell for there. I see a one carat certified ring going for about 25% of its appraised value.
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| Posted: 4/30/2004 4:37:41 PM | |
| P: 5/3/2004 10:40:25 AM | |
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Fat Freoli Rough Rock Total Posts: 2 Last Post: 5/3/2004 Member Since: 4/26/2004 |
Thanks for the replies. I'm going to pass on those bids. Since the stone alone appears to be worth 11-15k on Priscope I will hold out to get significantly more than I've been offered so far - like, maybe 9-10k. Or, if I can't get that, then perhaps I should just keep it until my next proposal and then have it reset.
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| Posted: 5/3/2004 10:40:25 AM | |
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