Sell engagement rings
Selling an engagement ring can be an emotional and daunting task. We understand the significance of your piece and handle every ring with the utmost care, discretion and respect throughout the process.
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
Recent jewellery buys
Explore a selection of recent jewellery purchases we've made highlighting the fine jewellery we buy, from diamond rings to designer pieces, and the competitive prices we offer.
Cartier bangle
Tiffany bracelet
Boodles ring
Chopard necklace
Van Cleef bracelet
Cartier ring
Diamond bracelet
Tiffany necklace
Van Cleef earrings
Cartier bracelet
Bvlgari ring
Tiffany ring
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
Everything you need to know about selling your luxury assets.
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 get if I sell my engagement ring ?
The amount you can get for your engagement ring depends on various factors, including the ring’s condition, the current market demand, the quality and characteristics of the gemstones, and the metal. Generally, expect to receive 30-60% of the original retail price for pre-owned jewellery and watches.
How long will it take to sell my engagement ring ?
The time it takes to sell an engagement ring can vary. Selling to a jeweller or pawn shop can be immediate, while selling through online platforms 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.