insontis
Hero Member
- Aug 27, 2013
- 816
- 462
- Detector(s) used
- Garret AT Pro
- Primary Interest:
- All Treasure Hunting
This is basically new territory for me and I don't know much at all about the resale of .5 ct diamond rings. Basically, I have the opportunity to buy two palladium rings for $400 total. I haggled a little with the seller but they refuse to go any lower. The solitaire band has a .5 ct center diamond that is a round brilliant cut with diamond accents on the sides.The channel band has tiny diamonds wrapped around. My question basically is this: in the reselling world, is there enough/any room for profit with this much invested? I am hoping that I could resell the .5 ct to cover my initial investment with the channel band being the profit.
I know pictures would help with the assessment, but I'm more or less looking for general guidance. $400 is a lot for me to tie up right now on just two items. If its a slow sell with a low profit potential I should definitely pass on it. I just want to make sure I'm not being stupid and about to pass up on a good deal.
As always I appreciate your feedback, thank you!
I know pictures would help with the assessment, but I'm more or less looking for general guidance. $400 is a lot for me to tie up right now on just two items. If its a slow sell with a low profit potential I should definitely pass on it. I just want to make sure I'm not being stupid and about to pass up on a good deal.
As always I appreciate your feedback, thank you!
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