Why, How, and Where to Buy Resale Engagement Rings

Why, How, and Where to Buy Resale Engagement Rings


Across our publication, the Diamocycle Dispatch, we discuss the many places you could buy resale 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 Resale Engagement Rings

Resale engagement rings are a savvy purchase both financially and for the environment. Engagement rings go through several channels of markups before they reach the final buyer. We like to compare engagement rings to cars, and the moment you drive the car off the lot, it depreciates. While diamonds appreciate over time and can be considered an investment, new rings have been falsely inflated in price. So, a buyer in the know will purchase a resale engagement ring and save a considerable sum. A resale engagement ring enables buyers to acquire a luxury ring they could never afford. So, you might be able to get the engagement ring of your dreams if you purchase a resale engagement ring. Finally, diamond mining is detrimental to the environment, so purchasing a resale engagement ring is a sustainable purchase that supports our planet. Buying a resale engagement ring helps limit the harmful effects of diamond mining. 


How to Buy A Resale Engagement Ring

It would be best if you shop online for a resale engagement ring. Online sellers have lower overhead than brick-and-mortar sellers. Our favorite platforms for purchasing a resale engagement ring are an online auction and a marketplace for pre-owned rings. Our favorite luxury auction is Sotheby’s for fine quality resale engagement rings. Sotheby’s has luxury engagement rings from the finest makers with the rarest gemstones. The downside is that a buyer must pay a buyer’s premium. The upside is that it easy to place a bid, the images are well done, the pieces are verified, and less expensive than purchasing new. Everything But The House is an excellent online auction platform for everyday resale and engagement rings. Prices can get costly, but there are still deal to find if you are patient. When shopping at an auction, it’s essential to know the market value of the ring you are bidding on and not get wrapped up in the excitement of winning. Everything But The Houses charges a small buyer’s premium for credit card transactions which are more than fair. Our preferred shopping platform for resale engagement rings is the online marketplace for pre-owned jewelry. 


Where to Buy Resale Engagement Rings 

At Diamocycle, we have a marketplace for resale engagement rings that their owners list. We charge a small fee when the ring sells. All of our rings are priced by us at fair market prices. That means the most you will pay is a reasonable price. A third-party gem lab inspects the rings, so they contort to their listing. Then, the lab issues a gem appraisal for insurance. You have the option to return the resale engagement ring, so unlike an auction, the transaction is not final. Start Shopping here. https://www.diamocycle.com/market-place