Do you have some old jewelry in the house that nobody wears anymore and you would like to transform them into some much needed cash? Do you have a diamond ring that reminds you of a failed marriage and you are eager to get rid of it? I also chose to sell my engagement ring and it is the best thing I have ever done. The only problem is that if you are ready to make such a sale, you first need to get more info the right way to do it. The logic choice seems to be an auction house, but I am telling you that this is, in fact, a very bad choice. Why is it such a bad choice to go with an auction house? First of all, auction houses have numerous requests for all sorts of sales, so they will need some time to prepare a quote. If you want to get quote for your diamond as fast as possible, an auction house is not the right choice. Second of all, even though they prepare a correct quote and the number they will give you is the actual market value of the ring, they don’t mention that they don’t subtract 15-20% fee from that quote. As a result of this, if they tell you that the market value of the ring is $4,000 and they actually sell it for that amount, you are only going to receive around $3,200. Do you think this is fair? Last but not least, an auction house will need weeks, even months to pay you the money as they organize sales at exact dates and you’ll have to wait for those exact dates. Moreover, it is not 100% sure that the ring will be sold from the very first auction.
Do you now understand why you should gather more information on other options rather than an auction house? If you feel confused and don’t know what to opt for, we have a recommendation: choose to use the services of a retail store. The retail store will offer you higher value for your ring, as the store basically buys the ring from you only to sell it to someone else with an extra fee that represents their earning. You’ll get your money on the spot, just as you would in a pawn shop and you get a bigger amount of money for the same ring, so I don’t see any reasons to ignore a retail store. Numerous people have chosen to work with a retail store for the sale of their diamond rings and they are pleased with the outcome. I know for sure that you will be part of the group, so check out some retail stores in your area that buy diamond rings, discuss the terms of the sale and don’t hesitate to move forward with it. This is how you will get a bigger amount of cash in just about 24 hours. Doesn’t this seem to be the right choice?
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Author : Mary Rodriguez |
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