Sell engagement rings
Selling an engagement ring can be emotional and daunting. We understand this, and handle the process with care, discretion and respect.
How to sell engagement rings
Whether to sell an engagement ring due to a change in life circumstances, financial need, or moving on from a past relationship, we will help you through the process.
Getting your engagement ring to us
In person
We welcome walk ins, though for high value pieces we recommend an appointment. We have three London showrooms and offices nationwide, with private rooms for clients.
From home
Our jewellery courier options are fully insured in transit, with money reaching you within 24 to 72 hours. For larger collections, a senior valuer can visit you at home.
Engagement ring valuation
Our specialists assess each piece to give an accurate quote for your engagement or diamond ring. We consider these factors:
- Provenance: certificates and original papers increase your offer
- Certificated: pieces with De Beers certificated diamonds hold value better than uncertificated diamonds
- Condition: damage to the gemstone or metal may reduce the offer
- 4cs: Diamonds are cetegorised by the 4cs and largely influences your diamonds value
Jewellery brands we buy
Recent jewellery buys
Browse our recent jewellery buys, from diamond rings to designer necklaces purchased outright.
Cartier bangle
Tiffany bracelet
Boodles ring
Van Cleef bracelet
Cartier ring
Diamond bracelet
Tiffany ring
Cartier earrings
Tiffany necklace
Van Cleef necklace
Cartier necklace
Boodles necklace
Boodles bracelet
Chopard earrings
Chopard necklace
Bvlgari bangle
Bvlgari necklace
Reasons for selling an engagement ring
People decide to sell diamond rings for various reasons, including:
Change in taste
Some may choose to sell their ring to upgrade to a different style or to fit a new life phase better, opting for a design that reflects their current tastes and lifestyle. Victoria Beckham has reportedly been gifted 15 different engagement rings by her celebrity husband.
Wedding update
Some engagements can span several years so when you choose a wedding ring, it may prompt an engagement ring update too. Your choice of wedding ring may also make a statement by itself and once married you may decide to wear that alone and to sell your engagement ring rather than leaving it unworn.
Inheritance
Inherited engagement rings can be passed down through generations and sometimes do not match the personal style or preference of the new owner or may be outdated, leading the current owner to consider selling the ring to invest in something more suited to their taste or to repurpose the value of the ring for other financial needs.
Fit
Finger sizes can change over time. Although many rings may be adjusted by a few sizes, certain styles will constrain alterations and selling an engagement ring may become a necessity or desirable to fund a replacement.
Financial needs
Engagement rings can be valuable assets. In times of financial difficulty, selling your engagement ring and replacing it with something more affordable can provide the essential funds.
Breakup or divorce
Sadly, the primary reason for selling an engagement ring is often the end of a relationship. Although hard, parting with the engagement ring can be a step towards emotional closure as well as unlocking the financial asset.
Get started
Get in touch with our team for a free quote and start raising money on your luxury assets today. It only takes a few minutes to get started.
Frequently asked questions
Answers to everything you need to know about selling your engagement, diamond or wedding ring.
Can I sell my wedding ring?
Yes, we also buy wedding rings, in addition to engagement and diamond rings.
How to sell an engagement ring for the most money?
Consignment returns you up to 30% more than a cash sale. As an example, if your engagement ring has a resale value of £5,000, you would keep 80% of the resale value (£4,000) with our consignment sale service.
Can you sell your engagement ring back to the jeweller?
If you purchased your engagement ring from a high street retailer, they often won't buy used jewellery back. However there are jewellers who will buy second hand engagement rings, like us.
What documents do I need to sell my engagement ring ?
Having the original purchase receipt, a recent appraisal, any certificates of authenticity (such as GIA or IGI certificates for diamonds) and the original packaging can significantly help in the selling process as well as increasing the engagement ring’s value.
Is it better to sell to a jeweller or an online buyer?
Both options have their pros and cons. Jewellers offer a straightforward and secure process without having to organise selling the piece privately while online buyers may offer higher prices when selling directly to the customer.
How much can I sell an engagement ring for?
The resale value of your engagement ring is likely to be 30% to 55% of its original retail price. The amount you will receive depends on many factors including certification and brand. Certain brands have higher resale value, for example the resale value of a Tiffany engagement ring can be up to 80%.
Where to sell a diamond engagement ring?
Selling an engagement ring to a jeweller, pawn shop or jewellery buyer offers quick payment, while selling through online marketplaces or auctions may take weeks or months, depending on market demand and the desirability of your ring. At Suttons & Robertsons, selling your engagement ring is a quick and easy process; depending on the circumstances, once you accept your valuation offer you can even receive the funds on the same day.
Can I sell a damaged engagement ring?
Yes, general wear and tear over time is normal, you can sell an engagement ring with minor damage but its condition will affect the price. Consider repairing minor issues to increase its value before selling. Without repair, the ring may still be purchased so that the components, precious metal and gemstones can be recycled.
Unsure which service is right for you?
We offer both short term loans against luxury assets and a range of selling options. Use our interactive tool to find the right one for you.