Selling a Diamond Ring? Advice needed! - HotUKDeals
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Selling a Diamond Ring? Advice needed!

Shakey Mic Avatar
6y, 3m agoPosted 6 years, 3 months ago
A friend of mine got engaged a few weeks ago even though a load of his friends advised him not not to do it due to the fact the girl was nothing but trouble.

Anyway, cut a long story short and they've split up and he's left with an engagment ring worth over £1000 sitting in his sock draw.

He's asked me is there anyway he can sell it and get some money back. He took it down his local jewellery shop and they offered him stupid money.

I've got the ring now and it's boxed with a BGI Diamond Certificate.
It's got the following details on the card.

Cert No. **********

Ring: Round Brilliant cut diamond set in platinum. Hallmarked

Weight: 0.25 ct minimum

BGI Colour: J minimum

BGI Clarity: I1 - I2 minimum

Gem Origin: Natural Diamond

Now, I haven't got a clue what all this means and I'm hoping some of you out there will give me an idea of what it's all about, how much the ring is worth and the best way to sell it.

Cheers.
Other Links From Ring:
Shakey Mic Avatar
6y, 3m agoPosted 6 years, 3 months ago
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(18) Jump to unreadPost a comment
Comments/page:
#1
problem is-if he bought it from a retail jeweller,there will have been a substantial markup on it-tbh,the chances of getting anywhere close to his money back are slim.

tell him to keep it for when the right girl comes along.
#2
barky
problem is-if he bought it from a retail jeweller,there will have been a substantial markup on it-tbh,the chances of getting anywhere close to his money back are slim.tell him to keep it for when the right girl comes along.


Agree completely, you can get a ring similar to this brand new for well under the price with far better colour and clarity (better than this), and with larger diamond, in all honesty your mate was ripped off for this. He would be lucky to get a couple of hundred on ebay (very lucky)

Edited By: silkymolo on Aug 25, 2010 20:37: change
#3
That's an extremely low quality diamond. L1 is large inclusions and J is far down in the colour ranks! Where did he get it from to pay that much for it?! Could he return it to the shop he bought it from if it was only a few weeks ago?

To give you an idea... I have a 0.33 carat eternity ring in 18 carat white gold with colour E and clarity IF and that was £350. Even though that ring is platinum... it was way overpriced!

Edited By: baffledsalmon on Aug 25, 2010 20:41: add
#4
tinkerbell28
He paid a lot for a fing with only 0.25ct diamond platinum or not oO


I got an 18ct white gold diamond ring with 0.35ct diamond for £90 brand new, good old jewellery channel lol, and the diamond they use are really really good (even their rubbishy ones are better than what you get at high street jewellers

baffledsalmon
That's an extremely low quality diamond. L1 is large inclusions and J is far down in the colour ranks! Where did he get it from to pay that much for it?! Could he return it to the shop he bought it from if it was only a few weeks ago?


Think it's I(i)1 OP is talking about so not the best but defo decent
#5
i smell a rat
#6
As others have said, poor quality diamond for that money, not to mention it's pretty small as well.
#7
stuartsdog
i smell a rat

Well for starters it's clearly not "his friend" who's been dumped! Haha!
#8
I deleted my comment because baffledsalmon has pretty much covered it. Personally I think he's lying about how much he paid for it as 1k for that diamond is way way too much despite the setting, platinum etc
#9
dh058977
I deleted my comment because baffledsalmon has pretty much covered it. Personally I think he's lying about how much he paid for it as 1k for that diamond is way way too much despite the setting, platinum etc


You would be shocked! I saw a certified diamond in Goldsmiths that was 18ct gold with about same size for £1k, high street jewellers are rip off with low quality goods. I would only ever buy from one of the tv jewellery channels or an independant jeweeler as you get more for your money, and tends to be a superior quality to high street
#10
silkymolo
dh058977
I deleted my comment because baffledsalmon has pretty much covered it. Personally I think he's lying about how much he paid for it as 1k for that diamond is way way too much despite the setting, platinum etc


You would be shocked! I saw a certified diamond in Goldsmiths that was 18ct gold with about same size for £1k, high street jewellers are rip off with low quality goods. I would only ever buy from one of the tv jewellery channels or an independant jeweeler as you get more for your money, and tends to be a superior quality to high street


Very true! And I know where your coming from. I proposed in Jan and it took me ages to find the right ring, not because there weren't loads out there but because of the shocking prices on the high street for very very little.
#11
0.25ct in 18ct gold £899

platinum 0.25ct diamond £1399

Just to show the shocking prices on offer on high street


Edited By: silkymolo on Aug 25, 2010 21:01: add
#12
So how much would you say this ring would be work on ebay?
#13
Best plan keep it for your next girl friend
#14
sod the diamond, so what happened with ur fiancee, sorry i mean ur friend's fiancee?!!
#15
should've gone to Hatton Gardens and got a much much much better deal. (much x2000%)
#16
na this poster has posted up about him and his wife in the past - oh you lot are such rotters!!! but going on a few past ex posters (& current lol) on here, who can blame you!
#17
haha BB....... u know the misc!

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