How much is ring worth (about)

[dsm582]

So I purchased a ring through a friend. My girlfriend then says she doesn''t like the style of the diamonds around the diamond in the middle. I am looking to sell the ring now and get something she likes. The ring is not appraised or certified and I don''t know the cut/clarity or a dam thing about it!!

Any suggestions on how I can determine this without going to get an expensive appraisal?

 

[stone-cold11]

From more info from the vendor that sold her the ring? There should have at least some sort of a documentation right? Like the metal alloy used?

Depends on you, an appraisal might help you to determine the price to sell it for as you can tell the appraiser. As of now, it will be difficult to sell to anyone with some knowledge on diamonds.

 

[dsm582]

No it's through the middleman, not a retailer. She has also never seen the ring, I bought it for $2850 cash and then while browsing on the internet she happens to say she doesn't like that style, JUST MY LUCK!!!


I'm not sure if this means anything but on the inside of the ring is says HANA D0174, maybe the hana collection?

 

[purrfectpear]

It''s very difficult to tell size on the internet but it looks to be about a .75 or so for the center stone. Assuming no glaring inclusions, the diamonds are real, and that the metal is gold or platinum, then it''s probably worth around $1100 max in a resale situation. Much, much less if you''re thinking of a pawn shop.

 

[HVVS]

I think purrfectpear gave you a real lowball offer there, lol. You might be able to get what you paid for it, but that will be tough to do without papers. Get the expensive appraisal.

Have it competently appraised, and for resale value, you'd probably be smart to have that done by one of the "big Names" here. Know the retail or full replacement cost, and also the estate valuation. Then, take whatever that appraiser says is retail, divide that in half, and that's about what you can expect to get unless you are willing to sit on it for while and really push it on ebay, etc. until just the right buyer comes along.

I would not sell it to a pawn shop. They won't give you half of what it's worth. But hey, you could ask a few, and then take 2x that and you'd know at least the minimum it could be worth. If the center diamond turns out to be decent color, cut, clarity, and carets on its own, you might be further ahead to reuse the center diamond and then sell that mounting on ebay. If it's gold, I've seen similar sell used for $700-$800 and if it's platinum, %900 to $1000 or better from somebody who really wants it, if you have established feedback, and you have documentation regarding weight, the type of metal, and lots of great closeup pics.

 

[stone-cold11]

Actually purrfectpear is quite accurate on the size of the main stone. If you read the OP''s previous thread.

 

[HVVS]

and lowball offer refers a price.

Assuming European cut, I or J color, and VS1 or VS2 clarity, the PS database shows low of $1382 to high of $3259 for unmounted stones, .67 to .78ct.

 

[stone-cold11]

Ya, I know, I am just commenting on the size approximation of purrfectpear. Low ball price is expected since it is ungraded, and further, we know nothing about the metal of the setting...

 

[HopeDream]

Sometimes seeing a ring and trying it on makes a huge difference.
Can you take your GF to a jewelry store to try on some rings with halos to make sure she actualy doesn''t like them?
If she tries one on and actualy likes the style on her finger, you may not have to worry about selling it after all.

Alternatively you could propose with it as a placeholder, and then sell it if she realy hates it. (She could fall in love with it).

I''m sorry that you''re in this position.

 

[cara]

Date: 11/14/2009 4:13:40 PM
Author: HVVS
and lowball offer refers a price.

Assuming European cut, I or J color, and VS1 or VS2 clarity, the PS database shows low of $1382 to high of $3259 for unmounted stones, .67 to .78ct.

and the price of a certified diamond sold by a reputable pricescope vendor has little to do with what the OP can get for his ring at this point. He has no cert for the diamond, no appraisal, no established business offering security or choices or marketing to a potential buyer. Lets put it this way - what price would you be willing to offer the OP right now for the ring?

dsm, check out this helpful thread. I think you'll want an appraisal, and hopefully you'll spend a little more time sussing out what your girlfriend likes and wants before the next ring purchase

Good luck!

 

[stone-cold11]

Date: 11/14/2009 4:44:48 PM
Author: cara
Stone-cold, check out this helpful thread. I think you''ll want an appraisal, and hopefully you''ll spend a little more time sussing out what your girlfriend likes and wants before the next ring purchase

Good luck!

Huh??? I am not the OP.

 

[cara]

Date: 11/14/2009 4:46:41 PM
Author: Stone-cold11

Date: 11/14/2009 4:44:48 PM

Author: cara

Stone-cold, check out this helpful thread. I think you'll want an appraisal, and hopefully you'll spend a little more time sussing out what your girlfriend likes and wants before the next ring purchase

Good luck!

Huh??? I am not the OP.

I know I changed it! Sorry.

 

[stone-cold11]

OIC. Saw it.

 

[cara]

Date: 11/14/2009 4:22:21 PM
Author: HopeDream
Sometimes seeing a ring and trying it on makes a huge difference.

Can you take your GF to a jewelry store to try on some rings with halos to make sure she actualy doesn't like them?

If she tries one on and actualy likes the style on her finger, you may not have to worry about selling it after all.

Alternatively you could propose with it as a placeholder, and then sell it if she realy hates it. (She could fall in love with it).

I'm sorry that you're in this position.

On the style thing, its not just that this ring has a halo, its that the stones in the halo are fairly large compared to the center stone, where in modern halo settings the proportions are a different - usually with smaller stones surrounding the center stone for a thinner halo. I imagine some people might find this a lovely, vintage-ish ring while others might find it dated (or worse.)

I would strongly urge the OP to find out something about what his girl likes in a ring before proposing, if he's going to propose with a ring and not just propose sans-ring and go shopping together later. His girl clearly DOES have some preferences, since she has already made a comment to him no matter how casual, and this is his chance to get her something she actually likes for this symbolic gift. By proposing with this one and then offering to change it only if she hates it, the burden would then be on her to speak difficult, awkward things if in fact she doesn't care for it. And many women would feel really bad saying they didn't like the ring. Why put her in that position and set yourself up for anything but a wonderful proposal with a wonderfully-received ring?

 

[Richard Sherwood]

DSM, in your case an appraisal is not going to cost you money, it is going to save you money.

An appraisal will give you an idea of what it''s worth, and what to ask for it. It will help you sell it quicker, for more profit than if you had no documentation, with less likelihood of it being returned.

 

[waterlilly]

Why not just find out what she likes, see if you can use the stones in this ring to create a keeper?

I''d have it appraised first before going any further though.

 

[purrfectpear]

Actually that''s not lowball at all. I look at craigslist, eBay, and another diamond site where resales are made all the time. I''ve personally purchased several diamonds from that site, and on eBay in the .75 ct. size. I''ve never paid over $800 and bought one for $450. If you think a 3/4 is going to sell for more, than you''ve never attempted to resale your diamond.

The higher figure I quoted included the setting. Ask Erica/Grace what she pays for her 3/4 diamonds

 

[HVVS]

Date: 11/14/2009 4:44:48 PM
Author: cara

Date: 11/14/2009 4:13:40 PM

and the price of a certified diamond sold by a reputable pricescope vendor has little to do with what the OP can get for his ring at this point. He has no cert for the diamond, no appraisal, no established business offering security or choices or marketing to a potential buyer. Lets put it this way - what price would you be willing to offer the OP right now for the ring?

We sold several estate diamonds, but all were over 2.5ct. The average diamond in a new e-ring in my locale is .5 to .75ct. There is little competition, except the mall stores. I don't see many diamonds or rings on Craigslist when I check out listings for the closest 5 cities of population 60,000 or more. Same for newspaper and free ad papers. A "used" .5 to .6ct H VS2 or better goes for $700 or so and that's pawn shop. .8ct unmounted will be $2100 or so for G/H I1 & it goes up. Lots of diamonds have an old or no cert for the diamond, no appraisal, no established business offering security. People can and do buy diamonds and complete rings in venues other than PS, every day. I once bought an antique platinum diamond ring online for low bid of $3000, and all the seller had was three photos and an appraisal from a small regional appraiser that I'm sure nobody here ever heard of. But I knew who that appraiser was, and that the only real risk I'd have was the stone might have been swapped for a lesser quality. I was the only bid. I wasn't disappointed. I have also purchased loose diamonds from PS vendors.

I presumed the OP didn't want to sell at a loss, so I approached the problem that way: Sell to a consumer, not a dealer buying for resale. In my first post, I clearly recommended getting a "brand name" appraisal first.

I am not a dealer. I usually don't care about resale b/c I am buying it to keep and wear myself.

 

[tarator]

I really dont like halos either, but I think if my boyfriend proposed with that ring, I would have just fallen in love with it. It is a beautiful ring. If you have talked about getting her a ring with her already, why dont you just show her a picture of the ring, with a bunch of others and see what she says about them. You could even ask a girlfriend of hers to do it. (Perhaps the girlfriend could pretend she was picking it out for her own engagement).