Why, How, and Where to Buy Previously Owned Engagement Rings for Less

Why, How, and Where to Buy Previously Owned Engagement Rings for Less. 

Across our publication, the Diamocycle Dispatch, we discuss the many places you could buy previously owned engagement rings. Our legacy in diamonds and engagement rings began in 1857, over 164 years ago. We take pride in giving you the best advice we would share with a valued customer. 

Why Buy Previously Owned Engagement Rings

While diamonds appreciate, new engagement rings go through several markups, making previously owned engagement rings a savvy purchase. When you purchase a previously owned engagement ring, you are letting the first buyer pay a premium for a new ring. By purchasing previously owned engagement rings, you can get a luxury ring you could not afford new. In addition, previously owned engagement rings help support the environment by not creating further demand for newly mined diamonds. Diamond mining is detrimental to environmental ecosystems. Therefore, purchasing previously owned engagement rings is an environmentally conscientious choice. 

How To Buy Previously Owned Engagement Rings

Our suggested shopping method for purchasing previously owned engagement rings is online. Online sellers have lower overhead than brick-and-mortar sellers of previously owned engagement rings. Ideally, purchasing previously owned engagement rings directly from the owners is advisable. As a buyer, you need to protect your investment and make sure that what you are shopping for is a genuine diamond ring that conforms to its description. In addition, it would be best if you protect yourself from the risk of fraud. An online auction for previously owned engagement rings is one exciting place to shop. Our preferred luxury auction for high-value previously owned engagement rings is Sotheby’s. Sotheby’s inspects, photographs, and provides a secure transaction. A buyer must pay a hefty premium but gains access to rare fine quality jewelry from the finest collections. Our preferred auction for commercial quality engagement rings is Every Thing But The House. A small buyer’s premium is paid using a credit card but can be avoided by paying with a bank transfer. Auctions can be exciting, but make sure you know the value of the ring you are bidding on, or it is possible to overpay. Our preferred venue is the marketplace for previously owned engagement rings. A marketplace has the advantages of an auction but enables you to return the ring if you are not confident in your purchase.

Where To Buy Previously Owned Engagement Rings

At Diamocycle, we have a secure marketplace for previously owned engagement rings. We have a third-party gem lab inspect and provide an appraisal for insurance. Your funds are securely held until the transaction is complete. We determine the market listing price so buyer and seller receive a fair deal. The risk of overpaying is eliminated. Lastly, you can return your purchase if you are not happy. Start shopping here. Diamocycle Marketplace

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