Are you thinking of disposing of your engagement ring? Selling an engagement ring after a divorce can provide both financial and emotional relief. Here are some tips to guide you through the process.
Jewelry stores may have limited buying power. However, if you have or know of a trustworthy jeweler, you might want to start there for valuation, cleaning and perhaps a referral.
Large auction houses like Sotheby’s and Christies cater to exceptional stones. Unless you are involved in a high asset divorce this may not be an option.
Pawnbrokers are quick cash but aren’t experts and pay a small fraction of value. Use in case of emergency only.
Ebay and Craigslist
Selling on Ebay and/or Craigslist can be a lengthy process with no assurance of sale. There are those who buy and sell on these listings everyday and know how to navigate, but for a newbie, selling an expensive item like an engagement ring might involve some risk.
Online Diamond Buyers
A reputable online diamond buyer can provide quick service and a reasonable price. They have the expertise to establish actual value. They also have lower overhead and access to international diamond markets.
Do your research
Finding a reputable diamond buyer takes some research. You want a bury that:
- Is BBB accredited
- Has credible number of reviews online
- Provides a free and transparent service
- Employees GIA (Gemological Institute of America) trained diamond experts
If you’re considering a separation or divorce in a high asset divorce we can help.
With over 30 years of combined experience, Jason Brodie Esq. and Joshua Friedman Esq. will guide you toward realistic goals and provide committed advocacy toward achieving them. They are known throughout South Florida for dedicated client service, tenacity, and success in complex divorce litigation involving property division, child custody, and spousal support.
To get a better understanding of the qualities our reputation is built on, contact our office in Boca Raton to schedule your initial phone consultation (561) 392-5100