Skip to content

24 carrot Yellow Gold Diamond Ring

Featured Replies

Hi Guys,

Bought this earlier this year for the missus but she has never worn it! (Apart from when I took a couple of pics).

Been to my local jewelers and they valued it iro £800. We are now moving and to 1) stop it from getting lost in the move and 2) to raise some funds, I am now selling it. Size J

Looking for £500.

IMAG0562.jpgIMAG0551.jpgIMAG0552.jpgIMAG0554.jpg

  • Author

£550, need it gone

  • 2 weeks later...
  • Author

£500

Hello,

Couple of questions:

How much does it weigh?

What ct are the stones?

Have you had a scrap value on it? 18ct will get you around £25.70/g and 24ct will be around £31-£32/g

  • Author

Hello,

Couple of questions:

How much does it weigh?

What ct are the stones?

Have you had a scrap value on it? 18ct will get you around £25.70/g and 24ct will be around £31-£32/g

I can get you those details as it is certificated.

No, not had a scrap value as it is not scrap!

Dont get offended by the question lol. A 'scrap' value gives a buyer a more accurate idea of value. Jewellers valuations can be anything - insurance or retail valuations will be much higher than anyone would actually pay second hand.

Second hand jewellery tends to be 'worth' on the second hand market very close to the value of its components . There's little premium for the design etc in most cases so the 'scrap' value is a good guide ;)

  • Author

Dont get offended by the question lol. A 'scrap' value gives a buyer a more accurate idea of value. Jewellers valuations can be anything - insurance or retail valuations will be much higher than anyone would actually pay second hand.

Second hand jewellery tends to be 'worth' on the second hand market very close to the value of its components . There's little premium for the design etc in most cases so the 'scrap' value is a good guide ;)

I hear what you are saying, and not offended but, in most cases, the scrap value won't really mean much...as with any item that is up for sale, it is only "worth" what someone is prepared to pay for it - it could be valued at "X" but if someone is only prepared to pay "Y" for it then that's what it is worth - the "value" will be different to each individual as you will know if you have ever sold a car - your car to you may be worth "X" but to someone else it is worth "Y"........

Hear what you are saying bud, but as Octimark & Mr_awol have said second hand jewellery is a whole different ball game to second hand cars! My mate works for a manufacturing jeweller, and he backs up the advice you have been given. He's offered you the following advice (he had said "pop in", but Kent to S Yorks might be a bit too far!):

Jewellery needs province, so to sell it you need to show it's genuine; ie did you buy it new and have you still got a receipt? The average punter doesn't know that much about hallmarks, so receipts help! Secondly 24ct yellow gold is a bit unusual in a ring, very soft, not the best mount etc, and not the big seller it used to be. If you're going for 18ct or above these days, white precious metal is the big seller. Thirdly weight of the certified components is important, production jewellery doesn't have a "design premium". If it's not "mass" produced or was supplied by a premium seller then that information helps a lot too, but doesn't necessarily get you a bigger price, just an easier sale!

He has suggested that you find a local manufacturing jeweller and get a proper valuation, based on weight and carrot. They may even offer you a better deal than you think. Without any provenance/proof you may struggle to get folks interested, as they may be suspicious of laying out such a large some of money without any comeback.

GLWTS

Create an account or sign in to comment

Recently Browsing 0

  • No registered users viewing this page.

Important Information

Welcome to BRISKODA. Please note the following important links Terms of Use. We have a comprehensive Privacy Policy. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.

Account

Navigation

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.