Best Place to Sell Engagement Ring

Have you recently broken off an engagement or have gone through a divorce and wish to sell your engagement ring? Here at YL Diamonds, a family-run business, we understand that life can sometimes be unpredictable and there may come a time that you wish to part ways with your jewellery pieces.


Selling your, or even someone else’s, engagement ring with YL Diamonds is fast, secure and can ensure that the best possible price is given to you. In addition, when selling your engagement ring with us we will provide a friendly and reliable service to ensure your needs are met throughout.

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    Where Can I Sell an Engagement Ring in the UK?

    When choosing where to sell your engagement ring, or any other jewellery for that matter, can heavily determine how much money you will receive. In the UK, there are many options to choose from when considering selling your jewellery. For example, you can sell your engagement ring at an auction, either in-person or online, or even at a pawnshop nearby. However, these selling methods will not guarantee the highest possible price is given for your engagement ring. In contrast, when choosing YL Diamonds to sell your engagement ring, we will not cut the value to make profit – as we, as diamond wholesalers, have a genuine interest in buying diamonds and other types of jewellery. 

    YL Diamonds, established for many years, is located in Hatton Gardens in London – or also historically known as the centre for diamond trade in the UK. Our friendly and trained team when dealing with your engagement ring can provide a fast and secure service, while offering you the best possible price compared to competitors. That’s why, YL Diamonds is one of the best places you can choose when selling your engagement ring in the UK.

    How to Sell Engagement Ring Online

    Selling an engagement ring with YL Diamonds can either be done in-person, by booking a free no obligation appointment, or alternatively can be done online via post. 

    Our in-person selling option is fast, just as long as you book your appointment before-hand with one of our friendly staff members. This selling method can provide you with instant cash on the same day, as well as the option to see directly how we value your engagement ring.

    Why Choose Us?

    As established Hatton Garden diamond wholesalers YL Diamonds are uniquely placed to be able to correctly value your diamond and offer you the best possible price.

    Receive the best possible price

    Fully Insured

    Five star rated on Google

    Payment On The Spot

    In Office Valuation

    Make an appointment to visit us in our Hatton Garden office where we have the latest technology to grade your diamond in front of you.

    1. Bring your diamonds to us

    Come to our Hatton Garden office
    (by appointment only)

    2. Valuation

    Get a valuation from one of our diamond experts.

    3. Get paid on the spot

    With the best price guarenteed to be paid!

    Valuation By Post

    We will typically receive your parcel the next day & will call you as soon as we receive your parcel so that you know we have received it.

    1. Request a quote

    Send us a quote request to find out the diamonds true value.

    2. Send it to us

    Using one of our special and secure delivery bags.

    3. Get paid in 24 hours

    We confirm the offer once the diamonds are received and make the transfer the same day.

    In contrast, YL Diamonds also offers flexibility over your location as you can also sell your engagement ring with us online. First, you will be provided with a provisional quote which, if you are happy with, can then send us your engagement ring by Royal Mail in a prepaid and insured envelope. Your parcel will then be sent quickly to us, and we will then value your engagement ring the same way as we would if choosing to sell it in-person. If you are happy with the price, we will then give you your money by bank transfer on the same day. 

    Whether choosing to sell your engagement ring in-person or online with YL Diamonds, both options will ensure that the highest possible price is given for your pre-loved diamond jewellery pieces. If you would like to sell your engagement ring, then simply get in touch with one of our members today.

    How Much Can I Sell an Engagement Ring For?

    While selling an engagement ring may be part of the difficult process of moving forwards in life, it is still important to carefully consider where you are selling your piece to, as the selling method will determine how much you can sell it for. As briefly explained, other selling methods in the UK often cut the value of jewellery pieces in order to make a profit. However, at YL Diamonds we aim to give you the highest and most accurate price for your diamond jewellery pieces, whether that be an engagement ring, diamond earrings or even a bracelet. 

    Furthermore, understanding the value of your engagement ring may seem difficult. However, using the 4 Cs – a way diamonds are valued – can help better understand how much you can sell it for.

    The 4 Cs:

    1. Carat

    The weight of the diamond in the engagement ring.

    2. Colour

    The whiter the diamond is, the higher in value.

    3. Clarity

    The way the diamond in the ring reflects light.

    4. Cut

    The way the diamond ring is cut and how the stone then reflects light, giving it its sparkle.

    The overall condition of your engagement ring will determine how much it is worth. Providing us with the original documents can also give us a better idea of how much you can sell it for. In addition to the 4 Cs, our highly-trained staff at YL Diamonds will also use the latest technology to determine the value of your diamond engagement ring. Our selling process aims to provide everyone with the best possible price.

    Jade H
    Jade H
    I got a really good price for my diamond ring. Joseph was extremely helpful in giving me the best deal I could get in comparison to other buyers in Hatton gardens. I highly recommend!
    Joshua Blakey
    Joshua Blakey
    Outstanding in every way. Joseph is honest/straightforward/knowledgeable/helpful and significantly better priced than competition. Buying a diamond was an absolute pleasure. Thank you!
    Welshy Girl
    Welshy Girl
    A fantastic experience at YL Diamonds. From initial communication to agreeing a price, Joseph was very amenable and patient. He took the time to speak to me and my partner about how prices were reached and why. This was done in a very unhurried way. He offered a higher price than competitors and there was no pressure. He was also happy to offer advice on some other items I decided not to sell in terms of how to get the best price. I would highly recommend YL Diamonds to anyone looking to sell their jewellery. Thank you so much for such an open and easy transaction.
    Lisa Barr
    Lisa Barr
    Joseph was great, he put me at ease, taught me an awful lot about diamonds and gave me a very fair price, if you’ve got diamonds to sell I really would recommend that you get in touch with him. Thank you Joseph
    Dan Burridge
    Dan Burridge
    Joseph was great to deal with and gave the best price on the street, a gentleman, and pleasure to deal with. Highly recommend
    Lettitia Hawken
    Lettitia Hawken
    I was very happy with the service YL Diamonds provided when I wanted to sell some pieces. They were thorough in their approach to valuing the diamonds and offering a fair and reasonable price. I would recommend to others in a heartbeat.
    Elizabeth Newberry
    Elizabeth Newberry
    Brilliant service. Would highly recommend. Very honest and informative. Easy communication throughout and also very accommodating.
    Amy Ratcliffe
    Amy Ratcliffe
    Polite, quick and efficient to deal with. Very glad I stumbled across them 🙂 thank you!
    Louise Winter
    Louise Winter
    The reviews are true. Excellent service. Couldn’t fault. Thank you Joseph.
    Shivam Lakhani
    Shivam Lakhani
    Joseph was honest, straightforward and provided me the best value and service. Would definitely recommend and use again.