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.
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.
Buying pre-owned jewellery, be it a ring, bracelet or a watch, is much more sensible due to many factors, rather than buying brand new ones.
If you like collectable jewellery which has distinctive features and want to pass it to your children and grandchildren, listed here are the top reasons for diving into the second handed market.
When you own a brand new piece of jewellery, there is that exciting feeling of being the sole owner and the first person to set hands on it. However, when you buy a pre-owned collectable, there’s something mystically attractive about it. The beauty of it is that the pre-owned piece you are buying might have been handcrafted with age-old expertise and artistry that present day jewellery makers might have never heard of. Hence, it cannot be substituted or faked.
Possessing collectable vintage jewellery or an age-old wrist watch means you become the only remaining link to an episode of history. The origin of it and the story behind the jewellery creates a magical feeling of mystery. Chances are, you might be wearing something owned by royalty.
Some of you might have felt the disappointment of buying brand new jewellery that you love, having to see its glitter gradually fade away, resulting in permanent damage. In contrast, if you purchase a used collectable bracelet or a ring, you may rest assured of its longevity since it has stood the test of time, and you know you have bought a magnificent piece that will decorate your wrist for years.
Collectible wearable was made to last long from the highest quality material. So, why waste your cash on something that doesn’t have a lifelong guarantee?
Currently, they do jewellery manufacturing in large batches, which often limits the degree of variety in designs. Many times, you will find yourself limited to a few collections that are on offer that particular season.
Conversely, when you opt for pre-owned pieces you have assurance you will have many to choose from; limited editions, unique designs, vintage jewellery and even more.
Fashion and styles are subject to change as the seasons change; new ones appear, and old ones resurface just as often. Apparently, vintage styles that reappear have invaded the industry more often than not, giving proof for the authenticity they possess. Given the era of the design, you might find yourself fondling a designer masterpiece that will be on a fashion ramp or a luxury designer collection in a few months’ time. Instead of going after low-quality jewellery, you will be the proud owner of an authentic masterpiece that inspired modern day designers.
As described above, purchasing second-handed jewellery provides you with a lot of options to explore, probably more than you ever imagined. Simple or extravagant, Vintage or modern; whichever is your preference, purchasing second-handed jewellery helps you bring about your unique personal fashion standards to its latest heights. Irrespective of the fashion era you choose to buy from, you will find distinctive features that stand out from the other designs and makes.
For most individuals, purchasing second handed pieces is all about the money they put into it which is particularly true concerning luxury watch brands. With popular ones like Rolex, Breitling, and Omega that people so much long for, it’s unavoidable that a few will increase in demand due to the scarcity and will start to become expensive. This occurs primarily when a given brand or model cease its production. So, if you manage to set your hands on a second handed edition of an exceptional timepiece, rest assured you’ve struck gold with a wise investment.
It is needless to say that second-handed jewellery will be way economical than purchasing brand new pieces. Based on the brand and the era it was manufactured, you can buy a few second handed masterpieces at half the price of a similar brand-new piece of jewellery.
As elaborated earlier, not only you’re paying for the jewellery piece, but also you get pretty much more than when buying a brand-new jewellery piece. Also, you possess the legend and history each priced gem carries. Who wouldn’t desire a majestic ring, or a vintage wrist watch which was made to stand for ages?
After all, it isn’t just about the money you spend! Of course, why on earth should someone ever select anything other than pieces of pre-owned jewellery? You are bound to own jewellery made of highest quality materials, in both impressive modern and classic retro-vintage designs, more often at a highly reasonable price.
Feeling enthralled after reading this? Well, feel free to explore our amazing collections now, and who knows what kind of a precious masterpiece you could bump into to possess for the rest of your life!
© 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. Designed and Developed by The Luxury Hut. All Rights Reserved 2018