Is It Time to Upgrade Your Diamond Ring?

Is It Time to Upgrade Your Diamond Ring?

If you are looking to upgrade your diamond ring, there are a couple of factors to consider, namely to what extent you plan to upgrade and what factors you should be considering when adding to an engagement ring. At Goldfellow, we understand that there are several different reasons to either switch out your diamond or seek out a ring upgrade but that the process and factors to consider may not be so widely known. To make upgrading your diamond ring as easy and stress-free as possible, our team has created this beginner’s guide on how to upgrade an engagement ring or any ring with diamonds in it for that matter.

How to Upgrade Your Diamond Ring?

Upgrading a wedding ring and upgrading a ring that contains diamonds are two completely different beasts, for starters diamond rings typically are not only more expensive but have more components to them. If you’re looking to upgrade your diamond ring, first establish if you plan to change out the entire ring or wish to replace the centerpiece of the piece.

If you wish to switch out the entire piece, be sure to establish a new budget that accounts for your new budget and seek out a jeweler who can stretch your new budget into one of the greatest pieces available. Always factor in the price of your old ring if you wish to sell it, as many jewelers will also accept money and the previous piece as dual payment.

Exchanging the centerpiece, in this case, a diamond, when doing a ring upgrade is a similar procedure. Be sure to sell loose diamonds from the piece beforehand to have a better idea of the overall cost. Upgrading engagement ring costs can vary depending on many factors, so be prepared for anything.

What to Consider When Looking for a Diamond Upgrade?

There are several factors to consider before deciding to upgrade your wedding ring or any ring for that matter. These are a few select factors that our team has deemed most important:

  • Has your preferred style changed?

  • What is your budget to upgrade your diamond ring?

  • Make sure you’re 100% sure this is what you want!

  • Have fun doing it!

What to Do With an Old Engagement Ring After Upgrades?

When you’re looking to upgrade your diamond ring, be sure to contact Goldfellow! We offer fair prices and an easy method of shipment for anyone looking to turn in diamonds, gold, silver, and more. Get the best cash-for-gold price by going to the experts in all things cash for gold. Read some more of our articles if you have the time and wish to learn more about all things jewelry.

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