Once a divorce is finalized, many people may find it cathartic to sell their engagement rings and wedding bands as a way to close that chapter on their lives and open a brand new one. It can also be beneficial for recovering some of the costs related to a divorce, which can be incredibly expensive. Here is some useful advice so you can get the most out of the sale. 

Visit a Reputable Jeweler

Even if you think you know how much your ring is worth, you should still have it appraised by a professional jeweler. This way, you’ll have a solid idea of its value and won’t accidentally sell it for less. You can also ask about selling it to the jewelry shop where you had it appraised, or even trade it in toward something new! 

Be Cautious With Pawn Shops or Online Sales

Because they don’t deal with just jewelry alone, pawn shops are notorious for offering to buy jewelry pieces at less than their true value, which sometimes may just simply be because they don’t know how to evaluate the pieces the same way that a reputable jeweler can. Additionally, selling your engagement ring online may seem convenient, but you also run the risk of being scammed and sending your engagement ring out to never receive payment. If you do sell online, try to arrange for payment to be electronically transferred. 

Meet in a Public Place

When selling items locally, you might need to meet the buyer for the exchange. However, never go to a person’s home or any other private area. It’s always better to err on the side of caution, and meeting in public ensures your safety. 

Look for a Consignment Shop

Consignment shops sell items on your behalf and provide a percentage of the final sale price to the owner. When consignment shops price items higher, you’ll receive a larger percentage of the sale price. You also won’t need to worry about finding a buyer on your own. Many jewelry stores offer consignment options, so be sure to ask about those options when having your engagement or wedding ring appraised.

Whether you're selling or buying an engagement ring, finding the right jewelry shop is an absolute must. In Mesa, AZ, Nelson Estate Jewelers provides dependable appraisal services. They also purchase unused or unwanted jewelry at the fairest possible prices and offer trade in options as well. If you’re in search of something that’s truly one-of-a-kind, they’ll even help you develop a fully customized piece. Learn more about selling your jewelry and collectibles, including what items they accept, by visiting their website. You can also call (480) 459-9867 for more information on how they can help with all of your jewelry needs.