I listed an engagement ring

bxboards

Voltaire7 wrote: »

You don't know that items can be removed then relisted? That's a very simple concept for anyone who uses ebay. and it happens fairly regularly.

If Ebay listings are removed, Ebay charges a fee up to the last bid. This came in last year to try to prevent sellers ending listing early. I think this can be done once only per year before fees are paid for ending listings with bids on.

soolin

bxboards wrote: »

If Ebay listings are removed, Ebay charges a fee up to the last bid. This came in last year to try to prevent sellers ending listing early. I think this can be done once only per year before fees are paid for ending listings with bids on.

I believe the exemption for the first one has been removed now as well.

Brooker_Dave

Bublin1 wrote: »

I only accept paypal.

Accept the offer of £2k but only take bank transfer or cash on collection.

I would be *very* worried about selling something worth £2k and taking Paypal as a payment.

RFW

Brooker_Dave wrote: »

Accept the offer of £2k but only take bank transfer or cash on collection.

I agree, although I'd be wary of anyone wanting to pay cash on collection for an engagement ring, so make sure that would be as safe as possible if that was happening.

I'd personally have tried a few more jewellers and got a few valuations to see if anyone would have been offering a bit more. The £2000 offer could well be dodgy.

Gold and diamonds are easy enough to sell for scrap, so there will be plenty of unscrupulous people waiting to pounce on a one off seller. From the very little I know of the jewellery market, second hand engagement rings are not the easiest thing to shift as they are.

paddyrg

If you bought it for £2,500 new, it'll be 'worth' maybe a grand or less material value. Not many people shop for secondhand engagement rings - they want to get the right size and the right design (and it's so personal), so buy new. Material value is a lot lower than high-street finished retail (maybe a few hundred quid). I'd certainly spend tomorrow hawking it around a few local jewellers to see what they'll offer for cash - if anyone even comes close to a grand, bite their hand off ;-)

Poppy9

OH used to be a goldsmith and most retailers mark up jewellery at least 3 times so the value of your ring is less than £1000 and most jewellers will offer you the scrap value unless they think it's likely to sell quickly for a quick profit.

So someone offering you £2k is dodgy!

TonyMMM

A retail price of £2.5k would indicate an actual "value" at about £500-£800 so a couple of those offers are close to the real worth in all probability.

I'd be very wary of the £2k offer ...scam written all over it.

RFW

TonyMMM wrote: »

A retail price of £2.5k would indicate an actual "value" at about £500-£800 so a couple of those offers are close to the real worth in all probability.

I'd be very wary of the £2k offer ...scam written all over it.

I agree and with the assessment of value. There may be the occasional ring (limited edition, collectable, as seen on Kym Kardashian) that would hold or increase its value, so always worth getting it checked out elsewhere.

Pierre_De_Grenoble

WE once found a ring in our back garden (25 years ago) dating from the '40's. platinum/diamond the "new" value then was £750. All I could ever be offered for it was scrap.. (and I tried all options... ) and the best I could get was £105


I have never bought anything of value from a jewellers since nor ever will.


OP accept any reasonable offer but only accept payment by paypal gift or bank transfer/cash is my own personal advice..

nicholaswitchell

I wouldn't be accepting PayPal for this, no chance whatsoever. I don't trust them.