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Where to Sell Your Engagement Ring in Chicago 

 January 18, 2021

By  devinhsmartin

Selling your engagement ring is a pretty hard decision – and is usually coupled with sad and heartbreaking circumstances. But whether the choice is driven by a broken relationship or financial measures, it is prudent that you find places where you could let go of your ring at a favorable price.

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Here are some of the places you can go to sell an engagement ring:

Online

In this day and age, the fastest and easiest way to sell anything is to put it on the internet. Like Craigslist and eBay, online classified ads websites make it easy for anyone, including you, to sell an engagement ring. It’s effortless, and you don’t even have to travel outside to put up an ad.

Craigslist is an option for selling since a lot of people are looking for good deals there. However, you have to be streetwise when meeting up with potential buyers so that you won’t get scammed or mugged when making a deal.

You can also try eBay to have it auctioned online. If enough people are interested in your item, bidding on it could probably work in your favor as long as you set a bottom price that you’re happy with. However, don’t expect to get the appraised value for your jewelry when selling online.

Jewelry Stores

Selling your engagement ring under consignment with a brick-and-mortar jewelry store in Chicago and nearby areas is also a viable option. They have professionals employed to give a fair appraisal for your ring’s value and allow you to have a better and safer transaction.

However, selling your ring might take time under this arrangement. The store also has to make money, so expect that they will take a commission from the sale proceeds. If you choose to go this route, we also recommend that you check reviews in the Chicago area so that you could get an average price for your ring before you make a commitment.

Pawnshops

Selling your ring to a pawnshop is one of the quickest and easiest ways to let go of your jewelry. Pawnshops will generally make an offer on the spot if they like your ring. Furthermore, if you’re familiar with your item and know its value, you could even haggle with the owner to get a better deal.

If you’re not keen on letting go of your engagement ring, you could also pawn it in places like these. That way, you have the chance of recovering your jewelry. A good pawn shop will offer a reasonable period for you to pay off your loan and will keep your ring in a safe place while it’s in storage.

When you plan to go down this route, we recommend that you don’t transact with just any pawnshop in Chicago. Look for reputable places, such as Clark Pawners & Jewelers, and check out our reviews.

Sell Your Engagement Ring in Chicago at Clark Pawners

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Whatever your reason, you deserve a good deal when you’re selling your engagement ring. There are multiple options out there, like online selling or specialty jewelry stores, but the best middle ground for someone who wants to get decent value relatively fast is a trusted and reliable pawnshop.

We do quick, fair, and honest appraisals and give you an offer immediately. You will also have the chance to buy-back your ring within a limited period. If you want to sell your ring in Chicago, a visit to Clark Pawners & Jewelers should be your first priority.

Clark Pawners & Jewelers is your trusted pawn shop in Chicago. We buy and sell jewelry, diamonds, gold and more, aside from offering cash loans.

Clark Pawners & Jewelers

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