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Why should you buy second hand engagement rings?

February 21st, 2019
second hand engagement rings

Have you decided to get married? If yes, then you must be looking to buy an engagement ring to commemorate the moment. While engagement rings are a significant purchase, it is always wise to choose the style that speaks to you as well as your partner. However, it is no secret that brand new engagement rings come with hefty price tags. The price can be anywhere between £3,070 and a whopping £191,836. And it is ideally a lot more than what most individuals are willing to spend or have saved up for a ring. Although it does not mean that you ought to settle for less than the best, you can choose to buy second hand engagement rings.

While buying a second hand diamond ring from any trustworthy Hatton Garden jewellers will ensure you are purchasing a quality product, it will also save you a decent amount of money at the end of the day.

Understanding the advantages of buying second hand engagement rings

The production of engagement rings is today at a tremendous pace. It is even paving the way for many new manufacturers and designers to exhibit their artistry.

Regardless, buying a used engagement ring will always be a better option. Although a used ring may not always be less expensive, it may bring with it a history and elegance that merely time can offer.

  • Second hand engagement rings are made using finer craftsmanship
  • Second hand diamond rings are a more eco-friendly option
  • The price of used rings is usually affordable
  • A used engagement or diamond ring comes with a history, mainly if it is rare or vintage
  • Second hand engagement rings or second hand diamond rings look like brand-new if they are purchased from professional Hatton Garden jewellers.

Now, here are the top seven reasons why people should consider buying second hand engagement rings or second hand diamond rings.

1. Avoids High Devaluation

Unlike gold, a diamond loses its value dramatically. Once you walk out of a jeweller’s shop, the diamond that you have purchased might worth nearly one-fifth of its retail value. Thus, if you can anticipate such a significant loss, it would be wise to buy second hand engagement rings and save on the cost.

2. You can distribute your resources

When it comes to diamond engagement rings shopping, one of the essential aspects is budgeting. Keep in mind that you have to save up for many other things in your engagement or wedding. In such an instance, buying a used engagement ring will save up money for other essentials, and you can go on a shopping spree for your engagement or wedding.

3. Vintage or antiques are always in trend

While it is relatively more straightforward to design a ring in reasonably fast order using upgraded manufacturing techniques, used engagement rings can bring more uniqueness to the table. Let’s assume that you are looking for a second hand engagement ring that is more than 40-50years old. Thus, chances are pretty high that the ring can be a vintage one.

High-quality vintage engagement rings can fetch you a premium in future when selling it to trustworthy Hatton Garden jewellers or any reliable pawnbrokers near you. This means that the ring will be much closer to becoming an investment.

The elegance and charm of antique engagement rings, especially with a dazzling diamond atop are indeed, hard to beat. More significantly, when you go for second hand engagement rings, you will have a lot more variety in designs and styles to choose from than you may imagine.

You may also be the lucky one to find a used ring with a style that is not available in today’s market but is perfect for your partner.

4. Acquire more for less

When it comes to engagement rings, women usually desire to have a ring with a big and brilliant cut gemstone on it. If your better-half prefer diamonds, don’t ponder that you are out of luck. You can simply consider buying a second hand ring from the leading Hatton Garden jewellers like The Luxury Hut and get the best item at an affordable price.

5. Contribute to making a sustainable future

When you purchase a second hand diamond ring or a used engagement ring, you simply play a small role in helping to achieve a sustainable future. You may be aware of the fact that mining diamonds and other gemstones are a complex process. Thus, recycling is today the order of the day. Now:

You may wonder that mining one diamond less will not save our planet. But, the fact is every single diamond counts!

6. One’s misfortune can be another man’s treasure

Some people believe that second hand engagement rings are cursed and they could cast an evil shadow on the individual wearing it. However, the fact is that an inanimate item cannot define any relationship. When buying a second hand diamond ring, you may get a better asset for less money, and also, the ring can make your partner happier.  So, how can it be anything other than good luck?\

7. No hard-and-fast rule to follow

There is a common myth that you should spend at least two months’ salary on buying an engagement ring, to let your partner know how important she is. However, the fact is that this was an advertising campaign led by some diamond sellers, just to allure people into spending more on engagement rings. You should spend how much you can or are willing to pay on her engagement ring.

While you should get something that is equally good and comes on a budget, you can explore the pre-owned engagement ring collection of The Luxury Hut Hatton Garden jewellers to find the ideal ring.

Some people may assume that pre-owned engagement rings lose their original charm and magic by some means, attaching a negative connotation to the term ‘second hand’. But, it is indeed not true! In fact, the beauty, elegance and history of a second hand ring continue to grow with every adventure. However, if an engagement ring is beautiful, it will remain the same with time, no matter be it is brand-new or second hand.

Buying second hand diamond rings or second hand engagement rings is a way to keep the cost down, thereby saving up to hundreds or often, thousands of pounds.

So, Where can you get the best deals on second hand engagement rings?

By now, we hope that you are convinced about the advantages of buying second hand engagement rings. Now, you might be wondering where you can get better or maybe, the best deal on pre-owned engagement rings.

If you are looking to shop for a second hand engagement ring of the best quality and price, The Luxury Hut Hatton Garden jewellers are ideally the best place to begin your search.

Explore our extensive collection of second hand engagement rings, available in various styles and metals. You are likely to find the perfect ring of a style that your fiancée will cherish for a lifetime and on a budget that will satisfy your wallet.

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© The Luxury Hut is a trading name of Golden Cash Limited. Authorised and regulated by The Financial Conduct Authority for pawnbroking.
Registered in England as Golden Cash Limited. Registered Number is 07309335. Registered office address: Treviot House, 186-192 High Road, IIford, Essex, IG1 1LR.

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