Sell Engagement Ring
We buy diamond engagement rings in large numbers and are specialists in engagement ring valuations. We also offer you free advice and answer any questions you may have when you sell an engagement ring to us. Selling engagement rings can sometimes be emotionally difficult, especially after a divorce or breakup. WP Diamonds offers a professional, smooth, and highly secure service. You will be able to realise much more money from your asset using a well established, global business like WP Diamonds who has GIA trained experts in the UK.Get Your Offer
Sell Engagement Ring and have cash in your account within 24 hours, we buy all diamond engagement rings
Sell Your Engagement Ring from Anywhere
Why Sell My Engagement Ring?
- To upgrade your diamond
- To let go of the past and move on from a relationship
- To free up cash without taking out loans
- To the money towards something positive
Where Can I Sell My Engagement Ring?
|SELL FROM||HOW TO SELL|
|Birmingham||Visit our valuation center in Birmingham to meet our diamond experts.|
|London||See us by appointment in London for a quick and easy valuation of your ring.|
|Anywhere||You can sell diamond engagement rings from anywhere in the UK because we use a fully insured, reliable, free postal service operated by Royal Mail and Brinks.|
With over 150 years of combined experience in the diamond and jewellery industry, we are experts in diamond appraisal, metal assessment, and market assessment. Our process is unique and ensures that you get the best price for your diamonds or jewellery in as little time as possible.
Our experts are specialists in the global second hand market
WP Diamonds is part of White Pine Trading a global company that traded over £50m of diamonds last year. White Pine is backed by a highly respected, privately owned boutique investment bank with offices
around the world. WP Diamonds can complete transactions of all sizes and money should reach your account within 24 hours of accepting our offer.
Why we're Different
Selling engagement rings to WP Diamonds will ensure you get the maximum return on your diamond engagement ring. We have a team of GIA trained gemologists who will value your diamond. We buy and sell
diamonds daily in the international markets, our size means we are able to offer an accurate valuation because we will be recycling the diamonds ourselves; there are no third parties involved. Pawnbrokers, local jewellers, or other online buyers may not have the necessary experience or market knowledge to offer such a competitive price.
How it Works
Complete our online
Receive your initial valuation
by phone or email
SHIP YOUR ITEMS
Ship us your items fully insured via Royal Mail at no charge or make an appointment
A member of our team will
contact you with a full
valuation and offer
GET YOUR OFFER
If you accept, payment can be
received within 24 hours
How Much Is My Engagement Ring Worth?
The most important factors in determining the value of your diamond engagement ring are the 4 C’s of the largest diamond:
- Colour grade
- Clarity grade
- Cut grade
- Carat weight
How Can I Get This Information On My Diamond?
This information can be found on your laboratory certificate and often on jewellers appraisals. If do not have a certificate or appraisal, a local jeweller can normally provide this free of charge.
What Other Factors Affect Diamond Value?
The 4 C’s are not the only factors that need to be taken into account. Other factors that gemmologists take into consideration when pricing a diamond are:
|OTHER FACTORS||HOW THEY AFFECT DIAMOND PRICE|
|Condition of the diamond||The condition of the diamond is important and although diamonds are very hard, this doesn’t mean they can’t get damaged. Engagement rings are subjected to a lot of wear and occasionally get chipped or broken. Any damage will result in the diamond needing to be repaired before it is recycled and this will be reflected in its final value. The proportions of the diamond are very important and reflect on the price of the diamond. For example, a GIA Excellent Cut Grade diamond can carry up to a 30% premium when you come to re-sell. You can learn more about GIA Cut Grade here.|
|Fluorescence of a Diamond||Another factor to consider is the fluorescence of a diamond. Fluorescence is when a diamond glows when put under an Ultra Violet light. A small percentage of diamonds fluoresce and it is often recorded on a certificate. A diamond with strong or visible fluorescence can reduce the value by up to 25%. Using a buyer, such as WP Diamonds, who are diamond experts and can assess each diamond’s unique characteristics, will get you the very best price for your diamond engagement ring.|
|Certifications||If you have a certificate from the GIA, IGI, or EGL for example, the initial estimate you are given is going to be very closer to the final offer. Labs are independent and are experts at grading diamonds. The GIA, for example, is an industry leading Gemological Laboratory. Tell us the information from the cert and we can get you an accurate valuation.|
How Different Types of Engagement Rings Are Priced
At WP Diamonds, we buy diamonds of 0.5ct and above. Consult the table below to better understand how different diamonds are priced on the secondhand market.
|TYPE OF DIAMOND RING||HOW THEY ARE PRICED|
|Round Cut||Round diamonds will retain more value than fancy shaped diamonds. If your diamond has a GIA certificate with Excellent or Very Good cut grade then it could carry up to a 30% premium.|
|Princess Cut||Princess Cut Diamond Engagement Rings are the second most popular shaped diamond. They retain a good second hand value, if you have a certificate then you can send it to firstname.lastname@example.org.|
|Fancy Shapes||Fancy Shape Diamond Engagement Rings refer to any shape other than round brilliant cuts. Although not as popular as round brilliant, these diamonds can be very pretty and a well proportioned fancy shape can move quickly in the second hand market, therefore holding a good re-sale price.|
|Shoulder Set||The centre stone should hold the majority of the value. A certificate generally only covers this centre diamond. The smaller melee diamonds also hold a small value and this will be included in the final offer.|
How To Find A Reputable Diamond Buyer?
There are many online buyers in the marketplace and finding the correct buyer sometimes is not all about the initial estimation you are given. Some companies give high initial estimates but then offer low final estimations in an attempt for you to send your ring in to their offices. Choose a trustworthy buyer such as WP Diamonds who has:
- A worldwide reputation
- A valuation team of GIA trained gemmologists with many years of experience
- Excellent online reviews
- A physical location for appointments
- Free transactions, no hidden fees or commissions taken out of the final offer
Retain the Rights Over Your Property
Choose a buyer that will respect your rights. If you say you want your ring returned, then the company you choose should respect this right and return the ring within a couple of days. Some companies hold on to the ring in the hopes that you will eventually accept their offer. WP Diamonds respects the right of the customer at all times and you have full control over your property.
YOUR PEACE OF MIND IS IMPORTANT TO US
That’s why we use our insurers
and Brinks as logistics providers. We provide
you with a free, fully insured Royal Mail pack
and open your packages on video to make sure that
your items, and you, are protected