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Old 01-23-2004, 01:28 AM   #1
CamChicks
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selling a diamond ring

GFY being such a diverse source of knowledge, I thought I'd ask here...

A couple years ago a friend of mine broke up with his fiance, and gave me the ring.
I've now carried it though a couple of moves, but I really don't want it.
I took it to the mall for a free appraisal and they quoted me $300;
but they don't buy rings, only take them as trade-in on other diamond rings.
I don't even like diamonds! so...

what's the smart way to sell a diamond ring? (don't say eBay)
I am going to guess a few of you have experience selling stolen jewlery
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Old 01-23-2004, 01:31 AM   #2
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Pawn it? :p
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Old 01-23-2004, 01:35 AM   #3
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Quote:
Originally posted by Plan9
Pawn it? :p
Quote:
Originally posted by CamChicks
what's the smart way
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Old 01-23-2004, 01:41 AM   #4
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What's wrong with eBay?

There's 13,000 rings on eBay and it looks like they get a lot of bids.

http://search.ebay.com/search/search...ategory2=15176
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Old 01-23-2004, 01:41 AM   #5
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you could put an add in the paper but then people are gonna call you all the time. quickest way is a pawn shop i think, but you'll never get close to what it's worth.
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Old 01-23-2004, 01:55 AM   #6
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might as well call it a lose now and save yourself some time.
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want to buy this spot for cheap? it is of course for sale. long term deals are always the best bet. brand0n/ at/ a o l dot commies.
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Old 01-23-2004, 03:39 AM   #7
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you could put an add in the paper but then people are gonna call you all the time. quickest way is a pawn shop i think, but you'll never get close to what it's worth.
what its worth is what someone is willing to pay for it. Cash value on a 300 appraisal is 10 % or 30 bucks
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Old 01-23-2004, 03:42 AM   #8
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By the sounds of it you didn't pay for it. Anything you get for it is pure profit. Go pawn it and get rid of it. You might only get $30 or so but its better than a kick in the nuts
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Old 01-23-2004, 03:44 AM   #9
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a $300 engagement ring?

I think I know why the relationship crapped out
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Old 01-23-2004, 03:51 AM   #10
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Quote:
Originally posted by [Brian]
a $300 engagement ring?

I think I know why the relationship crapped out
yeah. he said he paid more.
but then I also wondered if they were being honest,
since they were trying to get me to trade it up.
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Old 01-23-2004, 03:57 AM   #11
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yeah. he said he paid more.
but then I also wondered if they were being honest,
since they were trying to get me to trade it up.
They have 5-600% mark up at the retail level on jewellery, so if you sell it used expect to get 10% of what you paid for it. If it dosent sell in a timely manner it gets broken up for the parts
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Old 01-23-2004, 08:21 AM   #12
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They have 5-600% mark up at the retail level on jewellery, so if you sell it used expect to get 10% of what you paid for it. If it dosent sell in a timely manner it gets broken up for the parts
Agreed. Diamonds are the biggest ripoff out there, IMHO. I have diamonds I've inherited, but after trying to sell my engagement ring, I learned the markup is absurd.

For those considering marrying me - I want land.
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Old 01-23-2004, 09:17 AM   #13
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By the sounds of it you didn't pay for it. Anything you get for it is pure profit. Go pawn it and get rid of it. You might only get $30 or so but its better than a kick in the nuts
Shit...I'll give 30 bucks for it
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Old 01-23-2004, 09:25 AM   #14
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Quote:
Originally posted by [Brian]
a $300 engagement ring?

I think I know why the relationship crapped out
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Old 01-23-2004, 09:27 AM   #15
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I have purchased some gorgeous jewelry from ebay, and honestly that's the way I'd sell it too :P
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Old 01-23-2004, 09:29 AM   #16
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Quote:
Originally posted by Peaches

Agreed. Diamonds are the biggest ripoff out there, IMHO. I have diamonds I've inherited, but after trying to sell my engagement ring, I learned the markup is absurd.

For those considering marrying me - I want land.
very very smart!!! hopefully the land has some value so that u can resell it!
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Old 01-23-2004, 09:54 AM   #17
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Quote:
Originally posted by Peaches


For those considering marrying me - I want land.
What do I get for a large Rock ??
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Old 01-23-2004, 10:16 AM   #18
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What do I get for a large Rock ??
If that rock's about 50 acres, you can get pretty much whatever you want!
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Old 01-23-2004, 11:11 AM   #19
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Ebay
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Old 01-23-2004, 11:27 AM   #20
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Ebay
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