Having jewellery valued can be a challenge as you not only have to find a place that is able to give you a price and that is willing to buy it but also one that you can trust. Never sell jewellery to the first person that makes you an offer without getting a second opinion or finding out roughly how much it is worth.

Silver and gold prices vary day by day, so a price you are offered one day could go up or down within a few days, and can make a big difference to the price you are offered. Rings are often bought and then sold on again when relationships breakdown. Engagement rings can cost thousands of pounds new but then if you come to sell it, you may only be offered a few hundred or even less. This is because many gold or silver buyers will only pay the scrap value for the ring and will not pay anything for any diamonds or other precious stones that are within the ring. If you want to sell the ring as it is and not for scrap then you are best to try and sell if privately or take it in to a jeweller’s that sells second hand items.