Best practices dictate that you pay a certified gemologist to document this diamond, since natural red diamonds are among the most rare of fancy coloured diamonds, and therefore can be the most valuable.
With such a certificate, you will be better prepared to ask a price for the ring that you're selling. Then you can advertise it and sell it.
At a jewler.
You are best advised to pay a certified gemologist to value the ring for you, before you attempt to sell it. You can sell it to a jeweler or a private party, or broker it to an online shopping option.
I went through a lot of problems when I tried selling my engagement ring. I visited pawn shops and few local jewelers and the price they offered me were too low. After doing further research, I found Fabrikant Fine Diamonds in the Diamond District of New York. They evaluated the price of my diamond ring based on its characteristics, aesthetic value and craftsmanship. The payout WA more compared to other jewelers I had approached. You can sell your diamond engagement ring very easily - just like any other diamond ring - if you are realistic in what you hope to achieve. Don't forget that not everyone wants to buy an engagement ring second hand as they see it as "unlucky". Not a view I hold personally!
You can sell a diamond that you own almost anywhere.
Before you sell anything, best practices dictate that you fully understand the merits of what it is that you have to sell. If the diamond weighs more than one carat, it is worthwhile that you pay a certified gemologist to document the cut, colour, carat weight and clarity of the diamond. The certificate will also include the characteristics of the metal involved in the jewelery. This documentation will help you establish a fair market value for what you want to sell.
At a jewler.
Ebay.com is an excellent place to sell jewelry.
some places locally that you can sell a diamond ring are pawn shops or certain jewelery stores. These stores will buy the diamond ring for cheap, but you may want to try various stores for appraisals before deciding on one.
the diamond ring is in the assorted drawer and under the spider on the left the ring is red it is left in middle
One can sell a diamond ring on eBay, Craigslist or even on Amazon in their marketplace area. However, an alternative site would be I Do And I Don't which specialises in the sale of second hand diamond rings.
Take the diamond to a certified gemologist, who can help you determine the ring's value, then you can sell it to whomever will come closest to your price.
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You should shop your ring around to a vareity of jewlery buyers. You may also get favorable prices from trying to sell your ring to a private party.
You are best advised to pay a certified gemologist to value the ring for you, before you attempt to sell it. You can sell it to a jeweler or a private party, or broker it to an online shopping option.
It is safe if you are selling it to a jeweler of repute.
Based on the eight questions you asked -- all alternates -- you have a diamond ring that you want to sell. Your first job is to pay for a certification of the diamond and the setting. You can take it to a certified gemologist -- not a local jeweler for an appraisal -- who will document the quality of the stone according to its cut, clarity, carat weight and colour. With this information, you'll have a better idea of the value of the ring. Then, you can sell it privately, consign it, pawn it or sell it outright. (You can buy a 3-carat diamond today from Blue Nile and spend from US$22,000 to US$28,000.)
* You can sell the ring privately by putting it on the Internet or in a newspaper ad, but don't sell it to a pawn broker as you won't get near what it's worth. Update: If you don't already have one, get a GIA grading report on the diamond. That way the quality of the ring will speak for itself. Otherwise you are relying on jewelers' opinions.