Hi everyone -
I dont know much about the diamond field and I would really appreciate any advice on what I should do.
Problem 1: I need to sell off a tiffany engagment ring I bought about 4 years ago.
Situation: I bought the tiffany ring about 4 years ago, I proposed to my then gf because I was about to move across the country for a medical residency for 6 years. The relationship ended on good terms due to the long distance/timing and she only wore the ring a day or two (she put the ring in the bank deposit box because she was leaving the country for 6 months). At the end - she gave me back the ring and its been sitting in the bank for the last few yrs. I bought the ring for $5670 and the insurance papers say its worth more. The ring is pristine and I have all documentation.
So my question is - what is the best way to sell it other than ebay? Are there reputable people/websites that buy back rings ? What should I be expecting in return? $5000? $3000?
Here is the specs on the diamond:
5.66-5.69x3.45mm
0.67 round brilliant
depth: 60.7
table: 56
girdle: med/fac
culet: none
polish/sym: good
VS2
G color
No fluorescence
I really dont want to just walk into any local shop w this ring in my hand - seems like they''d lowball me most likely. Any help would be appreciate it here.
Problem 2: I want to upgrade a blue nile engagement ring I bought last year.
Situation: I met my present fiance in NYC 2 years ago and we''re getting married in Feb of 07
The problem is - I bought a new ring at blue niles because my friends were raving about how great/simple it was *shrug* . The clincher was that I was somehow under the impression that they had the 100% buyback upgrade policy (my big mistake). The point is, I bought a diamond that I would like to upgrade from a company that doesn''t upgrade. I am willing to double the purchase price but the problem is - I cant find any company that''d be willing to do that.
So my question is - Who can I turn to for an upgrade? I would like to retain a good percentage of the stone''s original value for the upgrade - what % should I be expecting ? 80% ? I mean, a diamond is a diamond - it shouldnt lose a lot of its value .. should it?
I really have no idea what to do at this point
..
Any solid advice/referral would be appreciated. Thank you all so much in advance.
I dont know much about the diamond field and I would really appreciate any advice on what I should do.
Problem 1: I need to sell off a tiffany engagment ring I bought about 4 years ago.
Situation: I bought the tiffany ring about 4 years ago, I proposed to my then gf because I was about to move across the country for a medical residency for 6 years. The relationship ended on good terms due to the long distance/timing and she only wore the ring a day or two (she put the ring in the bank deposit box because she was leaving the country for 6 months). At the end - she gave me back the ring and its been sitting in the bank for the last few yrs. I bought the ring for $5670 and the insurance papers say its worth more. The ring is pristine and I have all documentation.
So my question is - what is the best way to sell it other than ebay? Are there reputable people/websites that buy back rings ? What should I be expecting in return? $5000? $3000?
Here is the specs on the diamond:
5.66-5.69x3.45mm
0.67 round brilliant
depth: 60.7
table: 56
girdle: med/fac
culet: none
polish/sym: good
VS2
G color
No fluorescence
I really dont want to just walk into any local shop w this ring in my hand - seems like they''d lowball me most likely. Any help would be appreciate it here.
Problem 2: I want to upgrade a blue nile engagement ring I bought last year.
Situation: I met my present fiance in NYC 2 years ago and we''re getting married in Feb of 07
So my question is - Who can I turn to for an upgrade? I would like to retain a good percentage of the stone''s original value for the upgrade - what % should I be expecting ? 80% ? I mean, a diamond is a diamond - it shouldnt lose a lot of its value .. should it?
I really have no idea what to do at this point

Any solid advice/referral would be appreciated. Thank you all so much in advance.