Sell Your Engagement Ring in Brisbane
Do you have an unwanted engagement ring that you would like to sell? A Brisbane jeweller can assist you with selling your gemstone or diamond engagement ring to
achieve the best market price with safety and security. Contact us for an appraisal of your ring and how it can be sold.
Selling Your Engagement Ring
There are three components that make up the perceived value of selling an engagement ring. The diamonds or gemstones, the metal value and the manufacturing value with each of these having a different consideration when presented to the resale
market. Generally, the diamond or gemstone component holds the greats resale demand and in quality condition with market relevance can be worth very near to the wholesale market value. The raw gold or platinum weigh of the ring has a set value
based on the market scrap price per gram. The manufactured value of the ring is the design of the ring and is the hardest to value to achieve on re-sale and is purely based on the individual demand for the style.
Selling an Engagement Ring for Cash
A cash sale for any product that you are trying to sell will always be the fastest option and this is no different for an engagement ring. Selling your ring to a jewellery dealer can be a quick sale but and will be based on the wholesale market component value of the gems and metal only. The price offered however will be less than the replacement cost and only what the dealer feels is the right price for them to pay on that day.
Sell Your Engagement Ring On Consignment
For sellers who do not need an immediate sale and are looking for the best possible return, selling your ring with an agent on consignment is our best recommendation. Diamond Brokers Queensland, provides consignment sales on high-quality rings directly in-store and online for people to sell their unwanted engagement rings. We believe our consignment process can give your ring the best opportunity in the industry to sell your
ring at the best possible price without any effort.
We specialise in medium to very high-quality jewellery with a focus on premium certified diamonds and assess every piece that comes into our office to decide as much for the client’s benefit as our own to our ability to sell your second-hand diamond engagement ring. Our platform is designed for selling second-hand jewellery that has a retail value above $5000.00 but will still consider bulk listings of lower-value jewellery that is of high quality and new condition. By offering our store and online platform to private sellers wishing to sell their unwanted diamond engagement rings we can return you a fair and reasonable resale price without any complications through our easy and efficient
process.
Diamond Brokers Queensland hold all diamond rings for sale in secure locked premises and takes full responsibility for their safety when in our possession. Diamond Brokers Queensland do not hold any exclusive rights over the sale of your diamond engagement ring and it can be delisted at a moment’s request. When we sell your ring we take a commission of $500 or 20% whichever is greater than the total sales price on consignment sales pre-GST.
Sell Your Engagement Ring in Brisbane Today with Confidence!
Sell your engagement ring today by Contacting the Diamond Brokers Queensland Team for the best advice,
valuations and offered prices in Brisbane.
Know the Value of Your Engagement Ring Before Selling!
To sell your engagement ring it is very important to understand what you have and its current retail value before looking to see what it is worth in the second-hand market. There are only a few authorised second-hand jewellery specialists and each will likely have a different opinion on the value of your ring and if it is suitable for their target market.
Why Is My Engagement Ring Not Worth What I Paid?
Unfortunately, selling a diamond engagement ring in the pre-owned market is not worth the same as selling it in a retail store. Retail stores are a business that has a customer base and a reputation for a particular range or quality of jewellery, that holds an element of trust. Retail stores also have very large advertising and operational overheads and are selling new products which they can ask for up to the full recommended retail price.
The RRP is the price that a jewellery retailer is allowed to mark up a diamond engagement ring from the wholesale price. This helps regulate the industry and protects customers from being overcharged. However, this is the maximum amount that they can sell the item for and stores will have sales of up to 30-50% off their marked price. By this determination the value of a secondhand engagement ring can at best be worth no more than 50% of the retail value for a direct sale and between 20-35% to a jeweller.
The Best Engagement Ring Price from Diamond Brokers Queensland!
Regardless of how much you may have paid for your ring, the real value of the ring is what it has cost the jewellery manufacturer to produce and sell to the jewellery store. At best a second-hand ring can be sold at the lowest price that it could be purchased directly from a retail store but as condition, quality and style decrease so will the price.
As a diamond merchant business, we have the ability and reputation to be able to ask and receive a better price for your diamond than what you would get trying to sell it privately. How much we can ask is dependent on the demand for the type of ring that you own and how much it is worth to the person wanting to purchase the item. As an experienced second-hand dealer we can quite easily work out with you what we believe your ring is worth and set the highest and lowest price for the sale of your ring before
delivering your ring to our store. If our offer is aceptable then we will list the jewellery at the highest starting price, which will also include our 20% commission and the GST components.
Speak to Diamond Brokers Today!
Interested in Selling Your Engagement Ring & Want a Free Valuation?
Contact the team today at Diamond Brokers Queensland for a no-obligation-free valuation of your engagement ring.
Why Is My Engagement Ring Not Worth What I Paid?
Unfortunately selling a diamond engagement ring in the pre-owned market is not worth the same as selling it in a retail store. Retail stores are businesses, that have a customer base and a reputation for a particular range or quality of jewellery, that people hold with awareness and an element of trust. Retail stores also have very large advertising and operational overheads and are selling new products which they can ask for up to the full recommended retail price.
The RRP is the price that a jewellery retailer is allowed to mark up a diamond engagement ring from the wholesale price. This helps regulate the industry and protects customers from being overcharged. However, this is the maximum amount that they can sell the item for and in a lot of circumstances these stores will have sales of up to 50% off their marked price.
Receive the Best Engagement Ring Price from Diamond Brokers Queensland!
Regardless of how much you may have paid for your ring the real value of the ring is what it has cost the jewellery manufacturer to produce and sell to the jewellery store. At best a second-hand ring can be sold at the lowest price that it could be purchased directly from a retail store but as condition, quality and style decrease so will the price.
As a diamond merchant business, we have the ability and reputation to be able to ask and receive a better price for your diamond than what you would get trying to sell it privately. How much we can ask is dependent on the demand for the type of ring that you own and how much it is worth to the person wanting to purchase the item. As experienced second-hand dealers we can quite easily work out with you what we believe your ring is worth and set the highest and lowest price for the sale of your ring before you have to bring or send your ring to our store. If our offer is acceptable then we will list the jewellery at the highest starting price, which will also include our commission and the GST components.
Low Commission Taken When Selling Your Engagement Ring!
For sellers who do not need an immediate sale and are looking for the best possible return, selling your ring with an agent on consignment is our best recommendation. Diamond Brokers Queensland, provides consignment sales on high-quality rings directly in-store and online for people to sell their unwanted engagement rings. We believe our consignment process can give your ring the best opportunity in the industry to sell your ring at the best possible price without any effort.
Diamond Brokers Queensland hold all diamond rings for sale in secure locked premises and takes full responsibility for their safety when in our possession. Diamond Brokers Queensland do not hold any exclusive rights over the sale of your diamond engagement ring and it can be delisted at a moment’s request. When we sell your ring we take a commission of $500 or 15% whichever is greater than the total sales price on consignment sales pre-GST.
Sell Your Engagement Ring in Brisbane Today!
Visit Diamond Brokers Queensland today at our store in Brisbane for a free engagement ring valuation alongside the best-guaranteed price offered across the whole of Queensland.
