How could a ring have NO resale value, if people in your area are paying retail to buy it new? Moissanite Cut, Clarity, Color & Carat Weight, Loose Moissanite Stones vs. That shift in mindset will lead to much better decisions around exactly what you buy to commemorate your engagement, marriage, and other relationship milestones. It’s also an incredibly hard stone (second only to diamond on the Mohs Scale of Hardness) that looks almost identical to diamond. Far more diamonds are mined each year than get are released into the diamond supply. They imply that diamonds are the only stones that really hold value, and can be resold. © 2007 Moissanite-Buyers-Guide.com, All Rights Reserved. This represents an average loss of $338 for each ring. Both generally resell at a substantial loss-especially if they’re resold soon after being purchased. Why would they be willing to sell for so little if their ring was WORTH $10,000? Don’t put much trust or confidence in appraisals. How significant that discount needs to be, depends on several factors. Why would anyone pay a stranger the same amount that the local jeweler would charge for a given ring? We've divided it into common price ranges. It’s a self-serving lie that could lead you to spend far more on your ring that you can afford to lose if you have to resell at the average .42 cents on the dollar! Engagement rings are a GREAT way to lose money, but I think they’re still worth buying, as long as you look at them as an expense (an object that you’re simply buying to enjoy and consume), rather than as an investment. Rather than just talking about this on a conceptual level, I spent time looking at rings that are being resold on a local online classifieds website that’s similar to Craigslist. Relationships sometimes end, financial circumstances change, or people decide to upgrade and sell off their old ring to help cover the cost of the new one.eval(ez_write_tag([[580,400],'frugalrings_com-medrectangle-4','ezslot_5',126,'0','0'])); Some people claim that diamond simulant rings, including Moissanite, have no value. Moissanite is a MUCH safer bet—if you’re worried about the possibility of reselling your ring at some point in the future! Moissanite is not likely to increase in value, but neither is a typical diamond. In reality, other types of stones just don’t have similar collusion happening, so it’s honestly an ‘apples and oranges’ comparison. You absolutely CAN resell Moissanite! The appraised value is more commonly an estimate of what it would cost to replace your ring…not someone else would ACTUALLY be willing to pay you for it. Jewelry appraisals can’t be taken very seriously. Consult this general moissanite Hopefully, you aren’t buying an engagement ring with the thought of reselling it in the future for a profit. The average person selling a used diamond engagement ring is willing to accept at least a 58% discount! Financially, you’re MUCH safer buying Moissanite if you’re worried about the potential for losing money, should you need to resell at some point. the most common budget ranges. They said it’s [worth] about $2,200. Both generally resell at a substantial loss-especially if they’re resold soon after being purchased. View basket for details. There are MUCH better places to invest your money for a financial return. That statement is 180º OPPOSITE what everyone else seems to be saying, but it’s the truth, and again, I’ll back up the claim with evidence below. This guide reflects our awareness of current retail moissanite prices. In the paragraphs that follow, I’ll help you understand the factors that influence Moissanite resale value, and what you can reasonably expect to get from your Moissy when you go to sell. Value. There’s only one reason—the ring is only worth about $2,500 in real-world value. Showing slide {CURRENT_SLIDE} of {TOTAL_SLIDES} - Shop by Metal, Showing slide {CURRENT_SLIDE} of {TOTAL_SLIDES} - Shop by Secondary Stone, Showing slide {CURRENT_SLIDE} of {TOTAL_SLIDES} - You may also like, Cubic Zirconia Engagement Fine Gemstone Rings, {"modules":["unloadOptimization","bandwidthDetection"],"unloadOptimization":{"browsers":{"Firefox":true,"Chrome":true}},"bandwidthDetection":{"url":"https://ir.ebaystatic.com/cr/v/c1/thirtysevens.jpg","maxViews":4,"imgSize":37,"expiry":300000,"timeout":250}}, Superdry Womens Sphere Padded Ultimate Jacket, Brentfords Teddy Fleece Duvet Cover with Pillow Case Thermal Warm Bedding Set, GOOGLE Chromecast - Third Generation Charcoal - Currys, Sienna Crushed Velvet Curtains PAIR of Eyelet Ring Top Fully Lined Ready Made, VYTRONIX 3 in 1 Bagless Upright Vacuum Cleaner Handheld Stick 600W Corded Hoover, Superdry Mens Padded Elite Sd-Windcheater Jacket, SAMSUNG UE32T4300AKXXU 32" Smart HD Ready HDR LED TV - Currys. 925 STERLING SILVER 18K WHITE GOLD MARQUISE MOISSANITE DIAMOND ENGAGEMENT RING To start with, here’s the obvious reality…many couples ARE buying Moissanite Engagement Rings, Wedding Bands, Anniversary Rings, and Promise Rings. Some of those couples that are interested in buying a brand new Moissanite Ring, would, of course, ALSO be interested in saving money by buying a similar used ring. price guide below. If you find yourself needing to resell your ring in the future, you’ll likely only need to discount your Moissanite ring by about 30%, but a diamond ring would likely need to be discounted by at least 58% in order to move it. “We got it appraised by diamonds direct. In 2015, DeBeers indicated that their costs to bring diamonds to market had come down to just $104 per carat on average! What drives prices up? It’s a lie for several reasons that I’ll both expose and PROVE below. Something went wrong. It’s also far less valuable, meaning you’re ultimately buying a stone that’s worth very little over the long term by choosing a moissanite. Because Moissanite is much less expensive, the total risk of loss is often lower than it is with a more expensive diamond. Engagement rings are TERRIBLE investments because the stones rarely appreciate, but also because no one is going to want to sell a ring that has heavy sentimental value…and they would probably be hurt by the suggestion that the ring should be sold. You will need to offer a discount, over current retail prices, in order to sell a used engagement ring or wedding set. The listing mentioned that the ring appraised for more than $10,000 (they displayed a copy of the appraisal report in the listing), but they were asking just $2,495—a 75% ($7,505) discount! Rings that are given to represent commitment to each other, or celebrate relationship milestones, are relationship investments, not financial ones. Finished Jewelry. That would be good for consumers, but bad for the mined diamond industry.eval(ez_write_tag([[336,280],'frugalrings_com-leader-1','ezslot_2',107,'0','0'])); I mention all this only because diamond peddlers talk about diamonds as if they’re intrinsically valuable—far more valuable than other stones. Everyone pretends that diamonds are scarce, and that this scarcity justifies the extreme price demanded for them, but it’s 100% FAKE scarcity that the diamond industry orchestrates to keep their prices high. I agree that diamonds aren’t investments, but keep reading—I’ll debunk every other aspect of this type of claim below. Moissanite is significantly less expensive than diamond, meaning you can buy a larger stone for less money. The value of your moissanite gem will depend largely upon the: Carat or size: The size of your gemstone will always have an impact on its overall value. It’s both less expensive to buy and tends to require less significant discounting to resell. That means that you would lose $2,300 to $8,700 in total. You’re essentially discounting to compensate for all those factors and the perception of higher risk. Without a coordinated and controlled environment, diamonds would cost a fraction of what they do today. This is true for simulated diamonds as well as natural diamonds. Here’s what I found…. There seems to be a problem completing the request at present. The jeweler will, of course, be more trusted. A ring that you thought you’d keep forever sometimes needs to be resold. It’s true, that you would still take a loss on the moissanite ring, but it would likely only be 4% to 15 % of the loss that you would realize on a diamond of the same size. If you need to resell your Moissanite Engagement ring, or wedding set, at some point, what kind of resale value can you expect? When the claim is made that diamonds hold their value, insinuating that the diamond in your engagement ring is actually an asset, you’re being lied to. Since no one wants to pay retail for a used ring, the true value of your ring (what you could truly sell it for) is typically substantially less than the appraised value. All logos and trademarks are the property of the respective owners. Copyright © 1995-2020 eBay Inc. All Rights Reserved. Makes sense doesn’t it? Supply is carefully controlled to keep up the impression of scarcity and value. Although carat is the traditional way to measure a diamond’s weight, moissanite is measured in millimeters. They also varied terms of WHEN they were purchased. The rings that I evaluated varied in terms of brand name, their size, cut, color, and clarity. Based on my findings, you could expect to lose AT LEAST 58% of that ‘investment,’ on average, if you resell the ring. “The cubic zirconia gemstone—just like other diamond simulants—carries no market value. To learn a little more about the roots of the scarcity deception, check out this article which I recently posted. I found an interesting listing for a diamond wedding set. Scarcity (when demand outpaces supply)! The prices for moissanite can vary depending on the brand and quality, but in general, a 1 carat colorless stone costs on average about $600. Open market competition, real competition, would naturally lead to lower prices. Because Moissanite is much less expensive, the total risk of loss is often lower than it is with a more expensive diamond. Now you're ready to buy moissanite, but what can you expect for your money?
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