Anonymous
Anonymous asked in Beauty & StyleFashion & Accessories · 1 month ago

If a diamond ring has a replacement value of £2,250 how much is a reasonable price to sell it for?

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4 Answers

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  • Best Answer

    1000-1500 I think would be your best bet .

  • Kaz
    Lv 6
    1 month ago

    Usually the insured / replacement value is approximately 25 higher than the selling price of a piece of jewelry. However, not all jewelry sold privately makes anywhere close to the retail price or the original purchase price. So I would think you might get around 1800 pounds for it.

  • bond
    Lv 7
    1 month ago

    700-1200..............

  • In
    Lv 6
    1 month ago

    The retail value will generally be about 1/3 of the insured value. Expect even less if selling stolen merchandise, pawning, or selling to be melted and recast. Does your grandmother know you have been looting her jewelry box?

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