Unfortunately, incidents of fraud and dishonesty are widespread when it comes to sales of pre-owned engagement rings.
St. Louis, MO (PRWEB) October 15, 2013
When Philip Johnson, CEO of Have You Seen The Ring, saw that Wisconsin resident Emily Graham was looking to sell her engagement ring, he contacted her to propose she sell it on his site – it was the perfect match for another buyer's specifications. Instead, she decided to sell the ring via Craigslist, where an buyer allegedly duped her into flying to St. Louis to meet him. According to a KMOV local news story published on October 8, Graham was subsequently assaulted and robbed by the buyer. Having been in contact with Graham just weeks before the incident, and as the CEO of the safest marketplace for selling pre-owned jewelry and loose diamonds, Johnson proclaims that now, more than ever, people have to be careful when selling jewelry – or any expensive item – online.
"Unfortunately, incidents of fraud and dishonesty are widespread when it comes to sales of pre-owned engagement rings," Johnson says. "Websites like Craigslist and eBay are particularly accessible to criminals."
When selling a ring on sites like Craigslist which have no trusted payment system, it's important to take the proper precautions, Johnson adds. Sellers should never be meeting potential buyers alone; it's always recommended to bring company and meet in a public place. Avoid sharing public information, such as a home address or place of work. When selling on a site like eBay, it's important to take advantage of user ratings and seek out experienced buyers with high feedback scores to avoid. Otherwise, it's best to sell through sites that are BBB accredited. And, whenever possible, get paid in cash.
That being said, selling on a site like Have You Seen The Ring is the safest and most efficient option. Jewelry-selling marketplaces like these are designed to connect sellers with independent buyers nationwide and will only receive payment through a secure payment system – jewelry does not ship until the seller receives verified funds. Additionally, a gemologist verifies every item to be sold. Since buyers are equally at risk for getting scammed, this attracts them to sites like these and often makes them willing to pay more for the security. In fact, items on Have You Seen The Ring sell for an average of 60% more than items sold by eBay or Craigslist.
Established in 2010, St. Louis-based Have You Seen the Ring is the safest marketplace for selling pre-owned engagement rings and loose diamonds. The company connects independent buyers with independent sellers of pre-owned jewelry in a safe, trusted environment.
To contact Have You Seen The Ring, call Phillip Johnson at 1-888-582-1097 or email phil(at)hystr(dot)com.