Why, How, and Where to Buy Used Engagement Rings

Why, How, and Where to Buy Used Engagement Rings 

Across our publication, the Diamocycle Dispatch, we discuss the many places you could buy used engagement rings and how to get the best price buying used engagement rings. Our family legacy in diamonds and jewelry began in 1857, over 164 years ago. We are proud to give you the best advice we would provide a valued customer. 

Why Buy Used Engagement Rings

Savvy shoppers buy used engagement rings and save money. Engagement rings, like cars, depreciate and go through several channels of mark-ups. Buying used means savings of up to 50% off the cost of a  new ring. There is little reason to buy an engagement ring new because jewelry does not have a substantial resale value. Recycled diamond rings are also a sustainable and eco-friendly choice for environmentally-conscious shoppers. Buying a used engagement ring enables you to buy a larger, more valuable ring for the same amount of money. A buyer should compare new and used engagement rings and find that a used engagement ring will have a larger, higher quality diamond for the same budget. Often a buyer can find a luxury diamond ring from a brand they could not afford, like Graff, Tiffany, or Harry Winston, at a drastic discount to new prices. 

How to Buy Used Engagement Rings

Shopping for used engagement rings online is your best bet for getting the most competitive price and variety of options. Online sellers have less overhead than brick-and-mortar stores and can provide you with a lower price. Our suggestion is first to establish a budget, learn about diamonds, determine your partner’s preferences, and start shopping. Here is our guide to buying a used diamond https://www.diamocycle.com/a-guide-to-buying-a-used-diamond. A must-read for anyone shopping for a used engagement ring. We also suggest this article on avoiding scammed shopping online 5 Things You Must Know To Not To Get Scammed Buying A Previously Owned Engagement Ring Online — Diamocycle

Where to Buy Used Engagement Rings 

Our preferred venues for purchasing used engagement rings depend on one’s budget and experience shopping. An auction can be an excellent place to shop if you have experience buying used engagement rings, but it can be possible to overpay. A few of our preferred auctions are Everything But The House and Sotheby’s. Sotheby’s charges a hefty buyer’s premium but gives you access to an incredible selection of luxury used engagement rings. You will likely save a great deal. Everything But The House is for more commercial quality and less expensive antique engagement rings. Everything But The House does carry lab-created diamonds, so buyer beware. Our preferred venue for buying a used engagement ring is the online marketplace. A diamond-specific online marketplace offers used engagement rings for sale by the owner and charges a service fee to the seller. The marketplace also has a third-party lab inspect the used engagement ring and offers a return policy. Our marketplace, Diamocycle, regulates prices, so buyers and sellers get a fair market price. We also provide buyers with a full appraisal from a reputable gem lab and protect buyers’ funds from the risk of fraud. Start shopping here. https://www.diamocycle.com/market-place