What to do with this ring and earrings?

[kobido]

Hi! I am new in this forum. I hope that this is the right place to post.

I have this ring which was passed down to me. The center stone is a bit over 2cts, color is M, clarity is VVS. The small stones are GH, VVS.

My local jeweler said that the market price of this ring is 10,500usd but of course, I doubt I can sell it at that price. I’m not even sure if anyone will get it for 3,000usd because of the color.

It is somewhat common in our culture to gift jewelry to daughters in law when sons gets married. It is not a requirement but a common practice.

I need funds to buy jewelry that i love, and I wonder if it is smarter to just sell it? In my mind, lab grown diamonds are becoming better, cheaper and more common and I’m sure that low grade mined diamonds will be the first to be affected if people becomes even more accepting of lab growns. Do I sell it while it still has a bit of value?

Same question with this pair of earrings. Center stone is L color, VS. It is 0.50 ct per earring so total carat weight is 1.0ct. Local jeweler said that this is valued at 2,000usd but I think I am lucky to be able to sell them at 900usd.

Will appreciate all of your advices. Thank you very much!

 

[dk168]

Welcome to PS!

I cannot comment on their values, just providing my own views on jewellery items given to me as gifts by my parents when I was in my teens and had no input on their designs etc...

I sold most of the pieces that I did not like to wear for whatever reasons; re-purposed the diamonds in the two largest pieces into pieces that I like to wear, and kept some as they are as I like to wear them and have sentimental values.

Personally, looking at your pieces, I would suggest setting the large MRB into a bangle if you like to wear bangles.

This is what I did with my mum's 1.94ct VS G/H MRB.

And sell the setting separately if you can. Or take out the diamonds as there are quite a few of them, and have them turned into another piece that you would wear, like a pendant, or ring, or even a bracelet etc., then sell the remaining setting as scrap.

As for the earrings, I personally believe they are pretty, and I would probably turn them into a brooch.

Re-purposing will cost money, however, selling them at rock bottom prices would do them injustice IMHO.

With hindsight, had I not needed the money so desperately at the time, I would have kept some of the pieces my mum gave me, for them to be re-purposed at a later date when I was more solvent.

Hope this helps, personally opinions, preferences and all that.

DK

 

[kobido]

Welcome to PS!

I cannot comment on their values, just providing my own views on jewellery items given to me as gifts by my parents when I was in my teens and had no input on their designs etc...

I sold most of the pieces that I did not like to wear for whatever reasons; re-purposed the diamonds in the two largest pieces into pieces that I like to wear, and kept some as they are as I like to wear them and have sentimental values.

Personally, looking at your pieces, I would suggest setting the large MRB into a bangle if you like to wear bangles.

This is what I did with my mum's 1.94ct VS G/H MRB.

And sell the setting separately if you can. Or take out the diamonds as there are quite a few of them, and have them turned into another piece that you would wear, like a pendant, or ring, or even a bracelet etc., then sell the remaining setting as scrap.

As for the earrings, I personally believe they are pretty, and I would probably turn them into a brooch.

Re-purposing will cost money, however, selling them at rock bottom prices would do them injustice IMHO.

With hindsight, had I not needed the money so desperately at the time, I would have kept some of the pieces my mum gave me, for them to be re-purposed at a later date when I was more solvent.

Hope this helps, personally opinions, preferences and all that.

DK

Thank you for taking the time to share your opinion.

I think I missed expressing the biggest reason why I consider selling them. The diamonds are too yellow to my liking. Color is important to me.

I love jewelry but these stones do not make my heart sing. I have two choices like most in my situation: one is to keep them and just pass them on to the next generation by gifting to future daughter-in-law or sell them low now, get the funds and buy something I love, but would only afford me a pair of 1ctw colorless, high clarity and excellent mined stud earrings.

 

[dk168]

You have to decide what is right for you.

2ct VS diamond, even if it is a M, is nothing to be sneezed at IMHO, and I would not sell it for a song.

Have you consider re-setting the stone in the middle surround by, say, Rubies, in a flower setting? It will be a very grand ring! Just a suggestion.

DK

 

[Rfisher]

The diamonds are too yellow to my liking. Color is important to me.

I love jewelry but these stones do not make my heart sing. I have two choices like most in my situation: one is to keep them and just pass them on to the next generation by gifting to future daughter-in-law or sell them low now, get the funds and buy something I love, but would only afford me a pair of 1ctw colorless, high clarity and excellent mined stud earrings.

whats timeframe of passing on to future DIL?
if short - ask if they like the looks of them and appreciate the history of them (assumin they were handed down to you?)
or if they want to wait longer (I assume so you can wear them) for your colorless high clarity studs?

 

[kobido]

whats timeframe of passing on to future DIL?
if short - ask if they like the looks of them and appreciate the history of them (assumin they were handed down to you?)
or if they want to wait longer (I assume so you can wear them) for your colorless high clarity studs?

Hi! My son is only 18 so I’m looking at 10-20 years from now .

 

[Rfisher]

Hi! My son is only 18 so I’m looking at 10-20 years from now .

If there’s no repercussions in selling from family that handed the jewelry down to you
and you still will have something to hand down in 10-20 years
go ahead and do what will make you happy now.

there’s no crystal ball, unfortunately, in hashing out what exactly financial sense it is regarding what man made diamonds will do to your specific current diamonds value.

 

[seaurchin]

Personally, I probably wouldn’t want to hand down a piece or diamonds that I didn’t like myself to a DIL. Unless it’s clear that she’s a jewelry enthusiast and likes items that are off the beaten path.

I would (and did) prefer to pass down or buy her pieces with wide appeal instead. I feel like low color diamonds and older style ring or earring settings are more limited in appeal and more basic pieces are a "safer" choice. But of course that is just my personal opinion. And I also don't come from a culture where gifting jewelry to a DIL is the norm either, so perhaps the expectations differ.

I’d also be careful about trying too hard to make something I didn’t like into something I did like. Unless you see a clear path for it, I think that often just turns into throwing good money after bad, as the old saying goes.

I would (and did) have a ring diamond re-set into a solitaire bangle bracelet. I love mine, even though I decided I didn’t care for the larger but lower color diamond set in a ring. If I had another larger, lower color diamond, I’d have it set in a pendant and I'm pretty sure I'd wear it constantly.

But if that does not appeal to you, then yes, I’d sell. I’d much rather have something I loved and wanted to wear often than something I didn’t care for nor have any use for gathering dust at the back of my jewelry box.

As far as the future of mined diamonds, I think it’s possible that they could go the way of furs, especially with the focus that the lab diamond sellers are putting on the environment. But that’s only a wild guess so I wouldn’t figure it into the decision too much. It could also be that lab/mined diamonds go down the same path as lab/mined sapphires, two distinctly different products with different customer bases. Or something else. Who knows. Anyway, good luck and please keep us posted!

 

[kobido]

Personally, I probably wouldn’t want to hand down a piece or diamonds that I didn’t like myself to a DIL. Unless it’s clear that she’s a jewelry enthusiast and likes items that are off the beaten path.

I would (and did) prefer to pass down or buy her pieces with wide appeal instead. I feel like low color diamonds and older style ring or earring settings are more limited in appeal and more basic pieces are a "safer" choice. But of course that is just my personal opinion. And I also don't come from a culture where gifting jewelry to a DIL is the norm either, so perhaps the expectations differ.

I’d also be careful about trying too hard to make something I didn’t like into something I did like. Unless you see a clear path for it, I think that often just turns into throwing good money after bad, as the old saying goes.

I would (and did) have a ring diamond re-set into a solitaire bangle bracelet. I love mine, even though I decided I didn’t care for the larger but lower color diamond set in a ring. If I had another larger, lower color diamond, I’d have it set in a pendant and I'm pretty sure I'd wear it constantly.

But if that does not appeal to you, then yes, I’d sell. I’d much rather have something I loved and wanted to wear often than something I didn’t care for nor have any use for gathering dust at the back of my jewelry box.

As far as the future of mined diamonds, I think it’s possible that they could go the way of furs, especially with the focus that the lab diamond sellers are putting on the environment. But that’s only a wild guess so I wouldn’t figure it into the decision too much. It could also be that lab/mined diamonds go down the same path as lab/mined sapphires, two distinctly different products with different customer bases. Or something else. Who knows. Anyway, good luck and please keep us posted!

Thank you for sharing your thoughts .

Before gifting to DIL, I plan to re-set to a newer design. That is, if I am going to this route. I may re-set them in yellow gold if I notice she likes YG because the lower colored diamonds seem to appear whiter in a YG setting.

 

[chere]

I couldn’t sell something that was passed down to me. I would pass it on to another family member.

I kept the pieces I received and I asked for permission to reset them. The resets didn’t cost a lot. I sold the original setting for scrap back to the jeweler.

I would turn this into a 3 stone ring or pendant in yellow gold.

 

[kobido]

Was browsing last night and saw this ring. With my low color 2ct center stone set in that design and add a couple of sapphire, I wonder if it will make the yellow color of my diamond less obvious.

 

[dk168]

The stone can be set in a yellow or rose gold bezel, for the rest of the ring to be made in white metal, etc. etc...

DK