Best Places to Sell Engagement Ring
Cash for Gold USA
Cash for Gold USA will buy gold of any karat from 8k to 24k, and in any form, even scrap
Quick processing time for quotes – within 24 hours once gold is received
Free FedEx shipping label insured up to $5000 for you to send your gold
Express Gold Cash
Sell any jewelry – bracelets, rings, necklaces, watches, earrings, coins, platinum
Free, overnight shipping for your items with insurance for up to $5,000
Accept the offer, and receive your payment within 24 hours or get a free return
Cash for Diamonds
Get a free appraisal kit by filling out the form – send diamonds with free, tracked shipping
Payments are typically processed within 24 hours after you accept offer
If you don’t like the offer – Diamonds will be returned free of charge
13 Places to Sell Engagement Ring
Cash for Gold USA
Cash for Gold USA Summary
- Free shipping and $5000 insurance
- Quick 24 hour processing time for quotes
- Earn up to 3 times than elsewhere
- Sell all sorts of gold, even scrap gold
Cash for Gold USA is an online platform where you can sell wedding rings online.
The company buys any precious items, including:
- Gold
- Silver
- Diamonds
- Coins
- Watches
- Jewelry
How it works is relatively easy. You just need to go to their website and fill out a request form. Then Cash for Gold USA will send you a prepaid shipping label.
You’ll use the label to ship your engagement ring to them. In addition to free shipping, Cash for Gold USA also insures items for up to $5,000. They usually inspect the item and offer a price within 24 hours.
If you’re okay with the price, you can proceed with the sale. You’ll receive the payment through PayPal, check, or wire transfer.
Worthy.com
Worthy Summary
- Sell fine jewelry on auction
- Seamless selling process
- Quick payments
- Set your own prices
Worthy.com is an online auction platform. How it works makes it the best place to sell rings. You only need to prepare your ring for shipping and drop it off at the nearest FedEx location. Through the website, you can also schedule for FedEx to pick it up.
Worthy will cover all shipping expenses and fully insures your item. Once they have your ring, Worthy will handle the cleaning and take professional-grade photos of it. You also need not worry about the next steps, such as putting your item on the live auction.
Worthy basically does all the selling for you. Once your ring sells, you’ll receive the payment minus 18% commission for Worthy via PayPal, bank transfer, or check.
PayPal is the fastest option as you can get the payment within 2 business days. Meanwhile, check payment can take up to 5 business days.
Facebook Marketplace
Facebook Marketplace Summary
- Buyer and seller accountability as you need a Facebook account
- Built in messaging system to keep on top of queries
- Access to a massive marketplace
- Ratings system maintains honesty
With nearly 3 billion users around the world, Facebook is the largest social media platform these days. Considering its massive reach, it’s the best place to sell engagement rings online.
Through Facebook Marketplace, you can create a free listing to sell your ring. You have the complete freedom to choose the payment method and shipping option. It also allows you to indicate if you prefer meet-ups with buyers on your listing.
If you’re looking for safer transactions, you can even do a quick background check on your potential buyers’ Facebook profiles. After all, you’ll need to have a Facebook profile to access the Marketplace on the platform.
eBay
eBay Summary
- High user traffic – over 187 million users
- No listing fees for small scale sellers
- Promote your listing from as little as 1%
- Quick processing time for payouts
eBay is one of the largest eCommerce platforms these days, having more than 180 million users around the world. If you want to know where to sell engagement rings, make sure to check out eBay.
The platform is simple and ideal for small business owners and private sellers. You only have to sign up for an account and create a listing of the item you want to sell.
While eBay won’t charge you an insertion fee for listing your engagement ring, it will charge you a final selling fee.
| Selling fee | Conditions |
|---|---|
| 12.55% | on total amount of the sale up to $7,500 |
| 2.35% | on the portion of the sale over $7,500 |
Besides selling your engagement ring for a fixed price, you can also opt for auction-style and get the best offer for your item.
After completing the sale, you’ll receive the payment to your eBay account within 2 business days.
Craigslist
Craigslist Summary
- Posts are anonymous
- Quick and easy listing in a matter of minutes
- Little to no seller fees, most auctions are free
- Sell within your local area
Craigslist is another platform where you can sell wedding rings online. It has more than 700 classified ad sites across 70 countries. How it works is quite ideal if you’re looking to find local buyers for your ring.
You’ll need to visit your local site through the Craigslist website to post an ad. When you create a listing, you can add details and photos of your ring.
You can also include contact details for potential buyers to reach out to you. However, doing this might be risky as you don’t really have any control over people who can see your listing. With that, you can use the Craigslist feature that sets your email to private.
Then, when potential buyers want to contact you, they’ll see the Craigslist provided alphanumeric email address. If you want to use a phone number for customers to reach you, make sure to use one that isn’t your personal phone number.
WP Diamonds
WP Diamonds Summary
- Free, fully insured shipping
- Free estimate on the value of your items
- No commissions or fees
- Payment is typically processed in 24 hours
WP Diamonds have several stores across different countries where you can sell wedding ring after divorce. How it works is quite similar to Circa Jewels. You can either visit a store or initiate an online sale through their website.
Understandably, you might prefer to opt for selling your ring to WP Diamonds online. You can go to their website first and fill out an online form to get a price quote for this option.
Once WP Diamonds receives your form, they’ll get back to you through email or phone to make an offer on your ring. If you’re okay with the price, you can use their prepaid shipping label to send your ring.
WP Diamonds sends payment through wire transfer or check.
I Do Now I Don’t
I Do Now I Don’t is a website where you can buy and sell diamonds, watches, and jewelry, making it one of the best places to sell engagement rings online.
After creating an account, I Do Now I Don’t will give you two options to sell your ring:
- One is through a direct offer, where you can sell your engagement ring to them. This is a faster way to sell since they’ll make an offer you can accept right away. After that, you only have to send the item to them and receive your payment.
- Another option is listing your ring at the I Do Now I Don’t marketplace. The platform doesn’t charge any listing fees but it takes a 10% to 20% commission fee from your final sales.
Your listing is active for 30 days in the IDNID marketplace. In case it remains unsold after that, IDNID automatically re-adds your listing for free.
US Gold Buyers
US Gold Buyers is an online platform where you can sell valuables pieces of jewelry, including:
- Gold
- Diamonds
- Platinum
- Silver pieces
The fastest way to know how much they’ll buy your ring for is by contacting the company through the hotline. You can also fill out an online form and use their prepaid shipping label to send your ring to them.
Since their shipping partner, FedEx, ships overnight, US Gold Buyers will likely receive your item the next day. Plus, your item is insured for up to $25,000. From there, you’ll receive an offer.
US Gold Buyers claim that their sellers can get up to 98.5% of their items’ current market price. They are also willing to match competitors’ prices.
Circa Jewels
Circa Jewels are among the websites where you can sell engagement ring online. You can visit a Circa store near you by setting up an appointment through their website.
A Circa Specialist will check your ring during your appointment and make an offer. If the price is okay with you, you can choose to receive payment through bank transfer, check, or gift card.
If there’s no Circa store nearby, you can still sell your jewelry to them through the online process. Here, you’ll need to go to their website and provide details about your jewelry. You can also upload photos and supporting documents.
Once Circa receives your online request, they typically take 1 to 2 business days to make an offer.
From there, you can request a shipping kit so you can send your ring to them. Circa Jewels offers similar payment options to the store appointment method.
Abe Mor
Abe Mor is a website that buys diamonds, making it another best place to sell rings. Like other online platforms, WP Diamonds and Circa Jewels, you can get a quick estimate through their website by providing details on your ring.
Here’s how selling your engagement ring to Abe Mor will work:
- Within 72 hours, you’ll receive the initial quote and instructions to send your ring to them.
- After Abe Mor receives your ring, you’ll receive the final offer within 48 hours.
- When you accept the offer, they’ll send your payment as a check through FedEx.
Local Consignment Stores
Besides online stores, you can check out local consignment stores if you want to know where to sell engagement rings. These are excellent options if you’re looking to sell your ring for the best price.
What’s also great about local consignment stores is that you don’t have to pay for anything, at least most of the time. Consignment shops only take their profit when your item sells.
But compared to online platforms like Abe Mor, selling at local consignment stores might take more time. After all, these shops depend on local foot traffic and have quite a limited market reach than most online stores these days.
Pawn Shops
Pawn Shops are hands down the fastest way to sell a wedding ring after divorce. Here, you can get your cash within your visit to the shop. However, selling at pawn shops might not be your best option if you’re looking to get the best price.
Cash for Gold Exchanges
Cash for gold exchanges are places where you can sell gold items, such as wedding and engagement rings. These typically buy gold items to melt them and turn them into other products.
You can find cash for gold exchanges in your city through Google by using the keywords “sell gold near me” or “cash for gold exchanges near me.”
While it’s a quick and accessible option to sell wedding rings, note that cash for gold exchanges might offer lower rates than other options on this list. But like pawnshops, it’s ideal for getting cash fast.
