Wedding Ring Resale Value

The resale value of a diamond can vary hugely depending on its carat weight color cut quality clarity and numerous other factors.

Wedding ring resale value.

When gold is 24k it is 100 pure. However pre owned diamond rings rarely sell quickly especially at near retail prices meaning you may need to wait for a long time before your ring finds a buyer. Gold jewelry typically ranges from 9kt to 22kt. The metal can also affect the value of your ring.

If you have a unique or custom wedding ring it might perform better than a plainer style. Metal prices fluctuate so their value changes on a daily basis. Why is there a difference between retail and resale value. People always forget about the band.

Yellow rose and white. It is important to remember that taste is subjective and every buyer has unique concerns. No diamond ring is complete without something to set the gem on. There are different types of gold including.

If your wedding ring has any stones such as diamonds their resale value will be lower than the retail price similar stones sell for at the jewelry store. Recently sold wedding rings. Larger stores will likely have a higher markup than your local independent jeweler. Gold is measured in carats with 24k being the highest.

Therefore the metal value of your ring will depend on when you sell and the market on that day. Platinum rings tend to be the most valuable. However it is gold purity and not color that impact its value. In general the reason your engagement ring is worth less in a resale transaction is the idea of markup noted above.

18k which is 75 of pure gold is usually the highest bands. 24k is usually too soft for jewelry use.