Tips for Buying Second-Hand or Used Engagement Rings

white gold diamond ringWhen a man thinks of proposing to the woman of his dreams, the first thought that comes to mind is the ring. Getting her to say yes can be as exciting as overwhelming. What kind of ring would she like? How big should the diamond be? How much would it cost? These questions can give him sleepless nights.

Mentioned below are a few tips and hints that couples should keep in mind went looking for the perfect for second-hand or used engagement ring, without having to compromise on quality.

Do Thorough Research

This is the first and most important thing to do when browsing through the second-hand jewelry market. Couples should have an idea for what they are looking for and how much should they expect to pay for a new versus a second hand engagement ring.

High value jewelry items such diamond engagement rings that weigh more than one carat usually come with a guarantee certificate that provides detailed information about the 4 C’s – cut, color, carat and clarity. The value of diamond is determined by a combination of these 4 specifications. Therefore, it is important to understand the terms that describe these specifications of the diamond and how they affect the price.

Another important factor is to consider the precious metal from which the engagement ring is made. Jewelry is commonly made from metals like gold, silver or platinum, with the gold generally being 9 ct or 18ct. To make an informed decision, couples must understand the difference in precious metals and their value according to the current market price.

Set a Budget

Setting a budget might not be a hard and fast rule for buying second-hand or used engagement rings because they are usually available at affordable price. However, it is still important to set a realistic budget so that you can find what you are looking for without breaking the bank. By setting a budget early on, couples can use it as a bargaining tool when making a purchase.

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Shop Around

Even if it is second hand, an engagement ring is a major investment not only in terms of money but also the sentiments attached to it. Therefore, a couple must look around at various places like second hand retailers, street pawn brokers or online vendors. Buying a second hand engagement ring can earn you a good bargain but if you do not look around and just buy the first ring that sounds like a good deal, you will be missing on a lot of better deals.

Haggle

Some people might not be comfortable with negotiating or bargaining too much but if you are out there to buy a second hand diamond engagement ring, you might be surprised at how much you can save. Just try and make the seller an offer, what’s the worst that can happen!

Buy Online

Buying second-hand diamond engagement ring from a trusted online retailer can save you a lot of money. You will have a large catalog of engagement rings to browse through where you can compare designs and prices and purchase whenever you are ready.

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