A gold diamond ring tells a lot of stories about emotional, wealth, and aesthetic values. Across centuries, people have chosen jewellery to show love and commitment. They select it as a wedding or engagement token. Like durable gold, they hope their affection can last forever. To this day, the reputation of the precious accessory remains strong as an indicator of elite wealth status.Combined, gold and diamonds are rare and luxurious. Back then, they often appeared during ceremonies among royal families and elites. Wearing a gold diamond ring,for instance, showed their power and prestige. In modern times, such a positive impression is still valid. If you have one, people will quickly recognise your financial success or achievement.The ring type also boosts your overall physical appearance. It creates a strong fashion statement, which is crucial if you attend formal occasions. This article will further explore the price of the expensive jewellery. Also, find practical guidelines if you wish to obtain a fair price when selling your diamond collection. Scroll down for more information!
How much is a gold diamond ring in the UK?
The price of a gold diamond ring today ranges from £250 to over £12,000. Such a wide price range depends on various factors, such as carat, diamond type, and total carat weight. In the UK itself, a lot of locals own this ring type. In fact, gold has become the most popular metal for engagement rings for residents.The priceless metal is so flexible that it allows many UK couples to further design their rings. They can choose plain models, mix with other metals, or create unique styles. Due to the diverse options, the price range is also extensive. Check the examples below!
A budget or small gold diamond ring: From £129 to £250.
Mid-range options: Starting from £4,000 to over £6,000.
1 Carat plus lab-grown diamond: Between £3000 and £3,000.
1 Carat with natural diamond: Ranging from £3,200 to more than £12,000.
2 Carat with high-end or lab-grown diamond: From £1,500 to £4,000.
Key considerations before you sell a gold diamond ring
You need to know some key information that will help you become an informed negotiator. In this regard, you shouldn’t be a passive seller because you will gain a lower price in the end. In addition, sufficient knowledge will ensure you avoid scams or unethical buyers in both offline and online markets.Usually, they offer far less than the actual value of your gold diamond ring in the market. To convince you of the offer, they cite the diamond wholesale rate or insurance appraisals. To avoid all of the risks, kindly check the key factors below before selling the precious collection.
Gathering all facts about your ring
The price of your gold diamond ringcan be higher if you have complete details. In this regard, know the 4Cs of your diamond, consisting of Cut, Carat, Colour, and Clarity. Besides, check the metal type, such as 9 ct, 14 ct, or platinum. The one with higher purity is commonly more expensive. Don’t forget to collect the original certifications, such as GIA or IGI.
Gaining a professional appraisal
Use a service from an independent UK jeweller or gemologist to earn a fair market appraisal. During the checking, they will examine, among other things, the conditions of the gold diamond ring,such as possible scratches or loose stones. Their findings will give a realistic selling expectation. You will have better information to negotiate with potential buyers later on.
Selling at the right channel
Today, there are a lot of selling channels for cashing out your diamond collections. If you wish for immediate money, selling the diamond ring to jewellery buyers or retailers is a good option. However, bear in mind that they usually offer 30-50% of retail value. Opting for online marketplaces is recommended if you want to get a price that’s closer to market value. Yet, this option requires efforts and fees, such as for shipping or delivery.
Applying smart negotiation tactics
To add a possible rate for your gold diamond ring, start by mentioning a higher rate than your minimum acceptable price. To support your asking price, use appraisals or comparisons. If the offer is too low, don’t hesitate to walk away. Wait for a moment to find another potential buyer with a higher price offer.
Sell your diamond collections practically and safely with Hatton Garden Buyers!
Planning to sell your gold diamond ringin the near future? Hatton Garden Buyersis the right place for you! We have a secure and safe online system to ensure you can directly check all of the transaction processes. Once you contact us, we will send you a direct quotation via WhatsApp. No hidden fees or pushy sales here.All of the decisions will be entirely on your own. We usually offer higher prices than the average industry standard. Besides, our service prioritises transparency and privacy. We will keep your data during and after the transactions. What are you waiting for? Contact us right now to start selling or consulting.
