Selling one’s engagement ring is a very difficult and emotional decision. In most cases, selling a diamond ring is done only as a last resort because of desperately needed cash. Perhaps you need the money to make a mortgage payment, or pay off a credit card, or perhaps to make a car payment. An engagement ring is a very sentimental piece of jewelry that represents a union of two people. Selling a gold bracelet or other jewelry is far less painful. But a diamond engagement ring is worth much more both in value and sentimentality.
Alternative to selling your diamond ring
With Trade In My Diamond, you now have an alternative. You can keep your engagement ring, keep your dignity, keep your sense of pride – and still get that much needed cash for your diamond. We pay you cash for your diamond, swap out the diamond with an indistinguishable moissanite stone, set the moissanite back into your engagement ring, and send the ring and a check back to you. You can have it all!
What’s my engagement ring worth
If you are considering selling your diamond engagement ring, you are probably curious what it’s worth. The first component of a diamond engagement ring is the band itself. The band is the base, circular ring that sits on the finger. The band is usually made of gold, white gold, silver, or platinum. Although the diamond is almost always the most valuable piece of an engagement ring, the band could also hold some value. Standard 14 carat yellow gold settings were once quite popular. However, because of its orange color, it has become less popular with diamond settings because of the way the diamond reflects light and the orange color of the gold. Some people prefer white gold, silver, or platinum because of the reflection of the diamond. White gold is alloyed with other metals to give it an off-white color. It is also commonly plated with rhodium to give it a bright look. Silver is not as common, but does provide a good, solid setting for a diamond. Platinum has become increasingly popular because of its durability, polish, and look.
The setting of your diamond engagement ring can be very simple to very complex. The setting refers to how the diamond is held to the band. The setting can be a prong setting or invisible. The setting is also determined by the shape of your diamond. The setting of your diamond can have a very big effect on how the ring looks. Even a simple four prong setting compared to a three prong setting for the same diamond can make a ring look very different.
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The four C’s
The third, and most valuable, component of your engagement ring is the diamond itself. The value of your diamond is based on “The Four C’s” – Carat, Color, Clarity, and Cut. The rating of these four characteristics determine the value of your diamond. To learn more about the intricacies of determining the value of your diamond, click here.