Does anyone know a trusting and valuable way to sell a diamond ring?

I want to sell a diamond ring but want to get at least close to, or more, than the amount I paid for it but I feel like everyone is out to scam me. Suggestions?|||In order to give you a appropriate answer, you'll have to provide more information.





At a minimum, providing the cut, clarity, carat weight and color will help provide context and what a fair value would be. Also, is your diamond certified?





Did you buy your diamond ring via a wholesaler or via a jewelry store? If you purchased your diamond ring at a jewelry store (i.e. Birks) and had it appraised, you unfortunately may received much less than what you paid. Appraisals are typically done for insurance purposes first and foremost. Typically, the amount of the appraisal will be much higher than the value of the diamond ring if you purchased from a wholesaler and slightly higher than the value you purchased from some place like Birks. For example, say you bought a diamond ring at Birks for $10,000. Purchasing the same diamond ring (less the brand name) would have cost you $5,000. On the value appraisal certificate, your value might be $15,000. Hopefully this will help put your expectations of a fair price in line with how the industry works.





That being said, once you've done your homework on what a reasonable selling point would be, I would recommend selling your ring at auction. It's a reputable means of parting with your jewelry.





Best of luck!