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Trade-in/ Sell Tiffany Soleste Engagement Ring!

Kesha

Rough_Rock
Trade
Joined
Apr 5, 2021
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Hello Everyone!

I've just been confused on my options moving forward with my Tiffany Soleste Cushion-cut Double Halo Engagement Ring, it is 0.91Carat F VS1.

I bought this ring in late 2019 to propose my girl but some work/travel issues came up and the proposal had to wait, now the timing looks perfect but the only issue is she has been dropping some hints on rose gold oval shaped ring (completely opposite) to what I've bought. I did check with Tiffany but obviously my return window has passed and although they've a similar design to her preference, I'm in no place now to do the 2x value upgrade.

I've this never worn ring with all the certificates and receipt but my question is what would be the best option for me. I was considering trade-in or trade-up this Tiffany for a rose gold ring from a few diamond resellers but most of them are quoting a very low resale value or only accepting upgrade from their own brand. Should I just try selling it in Ebay?

People who have been in a similar situation, what is the best options for me.


Thanks in advance.
 
Sounds like a financial decision. I would want my future spouse to discuss it with me rather than losing thousands of dollars. It sounds like a beautiful ring that can’t disappoint. If you are worried about ruining the surprise—I would think that’s how you got here in the first place. Or how did you end up with this choice? Did she change her preference or did you never include her in the first place? I would do away with the surprise to make sure that she is happy and doesn’t feel stuck with a ring she doesn’t like.
 
Sounds like a financial decision. I would want my future spouse to discuss it with me rather than losing thousands of dollars. It sounds like a beautiful ring that can’t disappoint. If you are worried about ruining the surprise—I would think that’s how you got here in the first place. Or how did you end up with this choice? Did she change her preference or did you never include her in the first place? I would do away with the surprise to make sure that she is happy and doesn’t feel stuck with a ring she doesn’t like.

Thank you. She has no idea that I already bought the platinum ring and now when we were hypothetically discussing she was mentioning about rose gold rings. Precisely why I'm asking for options, I don't want her to be jus stuck with the ring because she has expressed that she wants a rose gold.
 
Your ring must be beautiful. You are so thoughtful and sweet to do it in advance, and even try to make a change now. Would you consider bringing it to Tiffany and see if they would consider letting you swap it for another ring, maybe just higher in price? Even if you picked a more expensive ring and had to pay a few thousand dollars more, it would be better than having to sell your current ring for a loss. I don't know. Maybe given the crazy circumstances during this past year, Tiffany would make an exception? Your story is probably not even that unusual. I think many people have delayed their nuptials because of this pandemic.
 
You're going to have to start with the truth and tell her you actually bought a ring before you discussed it with her. I hope for new people reading this thread to understand two things...the importance of finding out what the recipient really loves before buying, but regardless of whether they do or not, propose within the return period so the ring can be changed if needed (and tell her it can be changed if she wants!).

It may be that she will absolutely love the Tiffany ring! But if not, tell her you'll sell it and apply the money towards one she will love. You're going to lose money if you sell it for sure, so I'd be 100% sure she doesn't want it before taking that loss and starting over.
 
If Tiffany won’t accept a trade, I’d be reluctant to sell it on eBay or similar.
Buyers expect a deep discount and eBay / PayPal fees will be around 15% of the selling price together with the risks of selling online to a stranger (some buyers are scammers).
So you will be out of pocket at least 25% of the purchase price.
It is possible to rose gold plate platinum, however it will then require regular re plating (as it will wear off) but if your fiancée to be is absolutely set on a rose gold setting I’d consider that option.
First thing is to speak to your fiancée to be.
She may be aghast at the thought of you “losing” 25% of value by selling the existing ring, she might be very happy with a platinum engagement ring and she can then have a rose gold wedding band and a rose gold eternity band later on as a two tone metal look is very popular.
 
Quite honestly, she may love the idea of a rose gold oval NOW, but when choosing an engagement ring I’d always advise someone to go with a more classic look. Platinum and diamonds go with everything. Rose gold doesn’t. She may regret that preference in a few years. I think your original choice may be the best.
 
The T soleste is such a beautiful ring. I‘m with others in that since you already have the ring, you should discuss it with her and see if she really has her heart set on the oval—perhaps this could be a 5th or 10th anniversary ring down the road. My 10th anniversary ring is an oval before oval became popular. My husband and I picked the design of my engagement ring together and picked up the ring together but the proposal was a big surprise so it would still be a surprise to her if she knows about the soleste but you can still surprise her with the actual proposal. Providing of course that she loves the soleste ring. Nothing is worse than this regret feeling of your supposedly forever engagement ring so it’s best to discuss with her. You’ll lose quite a bit of money if you sell it though so it should be a joint discussion and get her what she really loves.
 
That sounds like you have a beautiful ring picked out... is there any chance that she would like it if you proposed to her with it? It would be a shame to sell it at a loss if there's nothing wrong with it in the first place. Alternatively, could you use it as a placeholder ring that you propose with and then work out a game plan together for getting her to the ring she wants. It's difficult to say without knowing your partner... she may have seen a rose gold oval ring she liked and mentioned it to you offhandedly or she may truly have her heart set on that style.

Different people have different preferences on the surprise/communication spectrum when it comes to engagement rings. I definitely feel for you as picking out a diamond ring with limited guidance is a difficult task to face! I would make your own assessment of how much she wants to be surprised vs. how much she wants to get the exact ring she wants and err on the side of over-communicating. Good luck!
 
Quite honestly, she may love the idea of a rose gold oval NOW, but when choosing an engagement ring I’d always advise someone to go with a more classic look. Platinum and diamonds go with everything. Rose gold doesn’t. She may regret that preference in a few years. I think your original choice may be the best.

This!
 
A practical solution would be to propose with the ring and then at some point get a nice lab/mmd stone for the oval/rose look. It will still cost a little more, but nothing catastrophic, she gets a classic Tiffany and an oval out of it. It's a win win!
 
What a considerate boy friend! I wonder if resetting the Tiffany diamond into a rose gold setting now and keeping the platinum one for if she later decides a platinum setting is more to her taste is a way forward? The bath you’d take would be in the stone...

I love rose gold, and have a 1.5 carat lab oval in rose gold that I wear as a right hand ring, but I know it’s a wee bit trendy right now and over time, platinum and white gold will rein supreme again in the engagement ring market.
 
A practical solution would be to propose with the ring and then at some point get a nice lab/mmd stone for the oval/rose look. It will still cost a little more, but nothing catastrophic, she gets a classic Tiffany and an oval out of it. It's a win win!

I love this idea! Many of us have multiple engagement rings. This would probably cost less than the loss on your ring if you were to sell it at a loss.
 
What a considerate boy friend! I wonder if resetting the Tiffany diamond into a rose gold setting now and keeping the platinum one for if she later decides a platinum setting is more to her taste is a way forward? The bath you’d take would be in the stone...

Not in the Tiffany Soleste setting. It’s haloed. And you definitely don’t want to be buggering about breaking up a Tiffany ring because you’ll destroy any residual value in the brand. Different if it was a solitaire in a Stuller.
 
Not in the Tiffany Soleste setting. It’s haloed. And you definitely don’t want to be buggering about breaking up a Tiffany ring because you’ll destroy any residual value in the brand. Different if it was a solitaire in a Stuller.

Maybe I’m thinking of the wrong Tiffany style. I though this line was a halo line with prongs holding the center stone, not the actual tension of thr halo’s surrounding metal. Few years ago now, but I had a friend who chipped her Soleste center stone and all that had to happen to remove the center was to release the prongs. The halo was not involved in any way.
 
Same point applies which is if you break up a Tiffany ring it’s not a Tiffany ring anymore.

And a massive chunk of what he paid will be for the logo. Not the actual worth of the diamond in the centre.
 
Has Tiffany’s confirmed they would only do the 2X tradeup? The location in my city doesn’t require this and was VERY flexible with us when we were looking to potentially upgrade. If your store is adamant about it can you visit another store perhaps?
 
Same point applies which is if you break up a Tiffany ring it’s not a Tiffany ring anymore.

And a massive chunk of what he paid will be for the logo. Not the actual worth of the diamond in the centre.

Oh, I get that. Was thinking keep the Tiffany stone and perhaps one day it would go back into the Tiffany setting. Removing a stone and replacing it in its original setting couldn’t be that damaging to the resell, like if you re-tipped the prongs, that wouldn’t lower the value. How would anyone ever know?? But I fear I may have gone off topic...
 
Oh I see! Yes that would probably be OK wouldn’t it?
 
I think I would propose to her with the ring you have. Then you two can work through what she wants. I would hate for
you to spend/waste money without knowing what she is open to. I would discuss all these options with her after you propose.
It will help to have her input in order to move forward.

Putting the stone in a rose gold setting (and storing the tiffany setting for now), may work for her. This would prevent you
from spending a ton more money on a new stone but still allows you to put the Tiffany ring back together at a later point.


A rose gold wedding band may suit her wants...who knows?
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Lots of good advice, but really, just talk to your partner.

If my partner had purchased something for me and already spent the money- and a lot of it- but I had mentioned I liked something else, but I didn't know that they had done the purchase already, I would want to know.

Your partner may have zero issues with what you picked out. Or, it may not have been the choice your partner made but it may be that the ring is really perfect once presented. It is a fairly safe setting and ring as far as choices go. Talk to one another- the best thing you can do!
 
+1 on fessing up to your partner! there is something very sweet about you knowing for sure for so long and buying the ring and waiting for the right time. and the soleste is so pretty, she may see it and love it. if not, she may want to wear it until you can figure out her dream ring together as a next step in the future. you can propose with the ring you have and acknowledge that you heard her preference but wanted to figure out how to handle this together...in any case the engagement is the important part, congrats.
 
I love the idea of a second MMD oval ring.Then you save a ton of money and she can wear both.
 
I agree you should talk to your partner! But I was in a very similar situation actually (on the girlfriend/wife side of things) We had looked at the soleste very seriously many times, and I was head over heels for it, but was having trouble with the price tag, I also mentioned to my now husband that I love a skinny rose gold band with a large round diamond, that we could get for the same price! I got the skinny rose gold, round diamond engagement ring, however, if he would have presented me with the soleste, I would have been absolutely over the moon!!

So a question is, have you and your GF ever specifically discussed the soleste? So you know she did in fact love it at one point? I agree with the other posters that the soleste is a stunning, and becoming a classic ring (thats just my opinion) I do not see how she could possibly be disappointed! I would stick with that ring unless she has somehow dropped a hint about now hating the soleste!
 
Thank you. She has no idea that I already bought the platinum ring and now when we were hypothetically discussing she was mentioning about rose gold rings. Precisely why I'm asking for options, I don't want her to be jus stuck with the ring because she has expressed that she wants a rose gold.

Agree with others. I would be honest with her and see what she thinks.
 
Oh, I get that. Was thinking keep the Tiffany stone and perhaps one day it would go back into the Tiffany setting. Removing a stone and replacing it in its original setting couldn’t be that damaging to the resell, like if you re-tipped the prongs, that wouldn’t lower the value. How would anyone ever know?? But I fear I may have gone off topic...

Reselling is a tricky thing and repairs most definitely DO affect the pricing, sometimes by quite a bit. If Tiffany will take a trade-in and you're ok with the terms and conditions, do it and don't stress about the pricing. Low low pricing isn't why you went to Tiffany in the first place. If you make a deal with someone else, be prepared to sell at a steep discount.
 
Oh, I get that. Was thinking keep the Tiffany stone and perhaps one day it would go back into the Tiffany setting. Removing a stone and replacing it in its original setting couldn’t be that damaging to the resell, like if you re-tipped the prongs, that wouldn’t lower the value. How would anyone ever know?? But I fear I may have gone off topic...

Most of the bigger brands (including Tiffany) will consider a piece no longer authentic the moment a non-house bench does any work on it at all, including something as simple as polishing or retipping a prong. They draw very dark lines in their sands!
 
Have you asked if Tiffany will reset the stone from the Soleste to a rose gold solitaire? I have a vague recollection of someone having their solitaire redone to a Soleste.
 
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