Wedding Ring Resale Value

Why is there a difference between retail and resale value.

Wedding ring resale value.

Gold is measured in carats with 24k being the highest. The metal can also affect the value of your ring. Larger stores will likely have a higher markup than your local independent jeweler. Gold jewelry typically ranges from 9kt to 22kt.

However it is gold purity and not color that impact its value. When gold is 24k it is 100 pure. 24k is usually too soft for jewelry use. The price you can get for your diamonds or other gemstones will be closer to the wholesale prices jewelers pay to their suppliers.

Platinum rings tend to be the most valuable. There are different types of gold including. 18k which is 75 of pure gold is usually the highest bands. Diamond rings are typically made with a gold band.

If you sell your ring to a jeweler this number will be affected by their markup. People always forget about the band. The resale value of a diamond can vary hugely depending on its carat weight color cut quality clarity and numerous other factors. Metal prices fluctuate so their value changes on a daily basis.

Therefore the metal value of your ring will depend on when you sell and the market on that day. If your wedding ring has any stones such as diamonds their resale value will be lower than the retail price similar stones sell for at the jewelry store. No diamond ring is complete without something to set the gem on. Recently sold wedding rings.

It is important to remember that taste is subjective and every buyer has unique concerns. If you have a unique or custom wedding ring it might perform better than a plainer style.