Have you inherited a wedding ring? Or perhaps you no longer need your engagement ring? Or maybe you are trying to sell your wedding ring after a divorce?
Whatever the case, you may be thinking about selling your engagement or wedding ring.
But, where do you start?
Well, in today’s post, I’m going to cover some of the best places where you can sell jewelry like engagement and wedding rings or bands for the most cash. The list includes places to sell online and locally.
If you’ve been wondering where to sell your engagement and wedding rings, make sure that you check out the list below.
What will I learn?
How Much Can I Sell My Engagement Ring For?
According to WP Diamonds, engagement rings usually sell for 30% to 50% of the original retail price. But that’s true about anything, including wedding related items. Even selling a used wedding dress that realistically has only been worn once, won’t get you back 100% of the price you paid for it.
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So, you won’t get the full price back for the ring. But, you will get some cash for it meaning that if you don’t want the ring, then it’s definitely worth selling it.
Where to Sell Engagement & Wedding Rings Online
Selling online is one of the best options, and there are quite a few places to do so.
Worthy.com has 4.8 stars, which is an “Excellent” rating, on Trustpilot making it a legit place to sell your engagement and wedding ring.
With Worthy.com, you can work with one of the company’s auction managers to sell your ring in an online auction. Payments are sent within one business day following a successful auction.
With an A+ rating from the Better Business Bureau, and 4.8 stars, which is an “Excellent” rating, on Trustpilot, US Gold Buyers is a legit site for selling your rings.
You can sell gold, diamonds, and other jewelry to the company.
You can ship your jewelry to the US Gold Buyers for free! It’s a legit company offering high payouts. In fact, it was ranked #1 for payouts by the Wall Street Journal.
3. Abe Mor
Abe Mor is a great place to sell diamond rings.
You can get a quick estimate by email before mailing. The company will review your submission and give you an estimate within 72 hours with no fees or obligations.
Then, you can ship your ring for analysis and for a final offer. The company will review your submission and provide you with an estimate within 48 hours, again with no fees or obligations.
If you like the offer, then you can accept it, and the company will FedEx your payment, or if you don’t like the offer, the company will return your diamond ring to you free of charge.
The company has an A+ rating from the Better Business Bureau (BBB) making it a good place to sell rings.
4. Circa Jewels
Next on the list we have Circa Jewels which is another legit place to sell your wedding ring or engagement ring. The company has 4.3 stars, which is an “Excellent” rating, on Trustpilot.
You can sell your jewelry to the company online or through an in-person appointment (the company has 17 locations in North America, Europe, and Asia).
When you sell your rings online to Circa Jewels, just let the company know about the jewelry you are interested in selling. Within one to two business days, Circa Jewels will provide you with an estimated offer range for each item you have submitted, and if you are happy with the offer range, then you can request a free and fully insured Shipping Kit that you can use to pack and ship your items.
Once the company has your items, it will review your items and provide you with a final offer. If you like the offer, you can get paid by check, bank transfer, or a gift card (Blue Nile for 110% or CIRCA for 120% of the purchase value) towards your next jewelry purchase. The company doesn’t charge any commission or fees.
If you don’t like the offer, then the company can ship your items back to you fully insured, and free of charge.
5. WP Diamonds
With an A+ rating on the Better Business Bureau (BBB) and 4.5 stars, which is an “Excellent” rating from Trustpilot , WP Diamonds is definitely a legit place to sell your wedding ring or your engagement ring.
You can sell luxury jewelry to the company and get your money in as little as 24 hours, and there are no fees. If you have a diamond ring, then this is a great place to sell!
I Do Now I Don’t has 4.1 stars, which is a “Great” rating, on Trustpilot. You can either get a direct offer for your rings or you can list them for sale on the site.
You can get a suggested price when listing your item for sale too, which is always useful. If you choose to list your item, the listing will automatically expire after 30 days. If your ring doesn’t sell during the 30-day period, then you can renew your listing free of charge.
Where to Sell Engagement Rings Near Me
Selling in person can be a good option if you are looking to get cash fast as you don’t have to wait to ship your stuff to a company as you do with many of the online options.
Here’s where you can sell engagement rings and wedding rings near you…
7. Local jeweler
If you have a ring you’re looking to sell, then you could consider taking it to your local jewelry store. Just have a quick search on Google to find jewelry places near you. You could visit a few different jewelers so that you can compare prices and get the best deal for your old wedding ring or engagement ring.
Give the jeweler a call beforehand to see if that specific store purchases wedding rings and engagement rings since some will just sell jewelry and don’t buy it. Calling ahead can save you from wasting your time.
8. Consignment stores
You may be able to sell your rings through a local used consignment store. They will usually take commission on the sale. As with the option above, make sure that you call ahead to check if the store will sell your wedding and engagement rings.
You can use Google to find local consignment stores.
9. Pawn shops
While pawnbrokers won’t provide the best deal on your rings, then do pay quickly. So if you want to sell your wedding ring and engagement ring fast, then this can be a good option.
Do a quick Google search to find the best pawn shops near you, and then give them a call to see if they’d be willing to purchase your rings.
10. Cash for gold exchanges
Most cities will have a cash for gold exchange type of place where you can trade in gold rings. It’s a good way to get cash for jewelry fast. Usually, these stores will buy your gold in order to melt it down and reuse it.
The price these types of places offer can be a little lower that what’s offered at other places, but it’s a quick and easy way to get some cash fast for gold rings.
You can find cash for gold exchanges near you by having a quick search on Google. Just type in “sell gold near me” and hit search and you should get a list of places near you where you can get cash for your gold jewelry. You can always call ahead at some of these places to see if they purchase gold rings.
As you can see, when it comes to selling an engagement or wedding ring, you have a lot of options. You can sell online through sites that buy rings or jewelry in general or find stores or people who buy used engagement rings near you. It’s a great way to make some extra cash from jewelry that you don’t need or want anymore.