Have You Seen The Ring Announces Holiday Proposals Fuel Market for Pre-Owned Engagement Rings

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Now is likely the best time to find a buyer for your ring.

St. Louis, Missouri (PRWEB) November 12, 2013

For many couples in love, an engagement will be the highlight of the holiday season. According to Wedding Wire, 33% of engagements occur between Thanksgiving and New Years. This busy proposal season continues until Valentine's Day, when another 10% of engagements commence.

For people looking to sell engagement rings, particularly pre-owned engagement rings, this time of year presents the best opportunity to recoup the largest share of their original investment. As consumers have broadened their minds to the idea of pre-owned engagement rings in recent years, several marketplaces have emerged that bring buyers and sellers together. The most notable, Have You Seen the Ring, has helped sellers earn over $2 million for their pre-owned engagement rings. Selling on sites like Have You Seen the Ring is easy; a seller registers for a free account, creates a listing, and then receives offers from buyers across the country. The seller can then accept the best offer. Because buyers on Have You Seen the Ring are retail customers, rather than middlemen, sellers receive up to 60% more than they would by selling to a local jeweler, pawn shop, or via traditional online auctions.

According to CEO Philip Johnson, "Now is the best time to sell engagement rings. Many sellers justify hanging on to rings thinking they will be worth more in the future. This is oftentimes not true, as the market for pre-owned rings is very limited. Now is likely the best time to find a buyer for your ring."

From the buyer's point of view, now is also the best time to find a great deal on a used engagement ring. With proposals on the horizon, many local jewelers will be less willing to negotiate prices or to offer discounts. The opposite is true with sellers of pre-owned engagement rings. These sellers are looking to sell rings for below their cost and many are hoping to sell quickly to raise money for holiday purchases. Johnson mitigates the risk of buying and selling jewelry online with an authenticity guarantee. He explains, “Each item sold is verified by an independent, GIA graduate gemologist, ensuring that a buyer receives exactly what they paid for." For those who wish to purchase a loose diamond, the company’s prices are up to 40 percent less than traditional jewelry stores and about 10 percent lower than online competitors.

About Have You Seen the Ring:

Established in 2010, St. Louis-based Have You Seen the Ring is one of the largest U.S. marketplaces for pre-owned engagement rings and loose diamonds. The company connects independent buyers with independent sellers of pre-owned jewelry in a safe, trusted environment. For more information, please visit http://www.haveyouseenthering.com/

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