Sell or Keep? (Cartier Pavé LOVE Ring)

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lxrac

Member
Aug 15, 2019
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Ya'll I'm at a crossroads right now. I have a gold regular size Pavé ring that I'm thinking of selling. I got it appraised by resellers (I'm not naming names) but they were both wack. They only quoted me around 4k? This ring's msrp is around $7300 now plus taxes. Anywhoo, I was planning on selling this and buying the thinner Pavé plus a thin regular love ring-so I could stack them. Therefore, 2 rings for the price of 1. But what do you guys think? Just keep it or take it?

From this:
Screen Shot 2021-10-18 at 11.12.52 AM.png

To these:
Screen Shot 2021-10-18 at 11.13.20 AM.pngScreen Shot 2021-10-18 at 11.13.39 AM.png

 
A quick look on the resale market tells me that pave diamond jewelry somehow does not hold value that well.
https://www.fashionphile.com/p/cart...nd-paved-love-wedding-band-ring-49-475-835189

Even the regular diamond Cartier love bracelet does not sell well.
https://www.fashionphile.com/p/cartier-18k-pink-gold-10-diamond-love-bracelet-16-834392


I'm not exactly sure why. I see the full gold jewelry selling for a little better, but not that great to be honest (~15% drop in price from retail). The ones that hold their value better seem to be the ones that are new with tags or barely used.
It may be because diamond jewelry is expensive in the first place, so population of clients willing to pay such a high price are a smaller group. Also, used fine jewelry can have a lot of scratches (depending on the wear and tear) and I think that drops the resale value tremendously.
(Pave diamonds on watches like Cartier and Rolex also do not seem to hold their value as well as watches with no diamonds; but watches are a bit better than fine jewelry in general)


Due to the nature of the 2nd-hand market now, personally I would not sell at the moment for such a huge loss. But that does not guarantee that the price will eventually rise overtime so it's hard to say. :sad: (I also kind of have a policy of not selling my fine jewelry pieces because I don't really expect them to hold value and so when I buy them, I mean to keep them.)
 
A quick look on the resale market tells me that pave diamond jewelry somehow does not hold value that well.
https://www.fashionphile.com/p/cart...nd-paved-love-wedding-band-ring-49-475-835189

Even the regular diamond Cartier love bracelet does not sell well.
https://www.fashionphile.com/p/cartier-18k-pink-gold-10-diamond-love-bracelet-16-834392


I'm not exactly sure why. I see the full gold jewelry selling for a little better, but not that great to be honest (~15% drop in price from retail). The ones that hold their value better seem to be the ones that are new with tags or barely used.
It may be because diamond jewelry is expensive in the first place, so population of clients willing to pay such a high price are a smaller group. Also, used fine jewelry can have a lot of scratches (depending on the wear and tear) and I think that drops the resale value tremendously.
(Pave diamonds on watches like Cartier and Rolex also do not seem to hold their value as well as watches with no diamonds; but watches are a bit better than fine jewelry in general)


Due to the nature of the 2nd-hand market now, personally I would not sell at the moment for such a huge loss. But that does not guarantee that the price will eventually rise overtime so it's hard to say. :sad: (I also kind of have a policy of not selling my fine jewelry pieces because I don't really expect them to hold value and so when I buy them, I mean to keep them.)

They really do not hold their value. I am just appalled by their price estimates. My oblivious self thought I was getting 6K at least lol. I might have to keep this one and just purchase the WG thin love ring instead for Christmas. This is one of my most expensive rings so I thought this will go up in price overtime. Oh well. You live and learn.
 
I would definitely keep! Gorgeous ring!!! The thin pave is really really small maybe try going into the store and stacking your regular size pave ring with a thin gold love ring to see how it looks together might be a great option for you. Still keep your diamond ring and still can add a thin gold for way cheaper ❤


Thank you for your answer. I just needed some of you guy's opinions to help me out. Sometimes I get way in my head lol
 
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You’re only paying for the name! So I am not sure but probably due to gold weight and the diamonds. Cartier prices highly 2-3 times more on their jewelry

Absolutely agree. I love Cartier but they are overpriced but I guess the diamonds are what's making this price steep. You know what, I have a somewhat similar pavé ring from MK in rose gold for $95. :nuts: haha
 
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Don't worry, we all go thru a similar thinking process. I'm torn whether to add more thin bracelets to my stack or to get one regular... It's hard to decide because of the price point.

Hi MaggyH. Thank you for your answer. I agree there are times when I feel like I need to refresh my collection. But in reality, I don't I'm just overthinking it. I decided I'll just add the thin WG love ring instead. I can still stack them together.
 
I would keep that ring!!!
And would add the thin Love ring instead. That would look better I think :biggrin:

This idea is brilliant! The look is nearly the same, but you save so much money from not selling.

If you ever do decide to sell, it’s always best to sell it yourself. You will lose money either way, but at least you don’t lose as much as when you sell through a reseller.

I learned the hard way also!
 
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No idea on your initial question. However, I closely monitor resale values and I see Cartier jewelry at 85 % from list. As there was a recent price increase this makes the calculation even better. Yes, we are here not Patek or such but I consider my Cartier stuff enjoyable whilest holding up its value ... and not making me rich. Or poor.
 
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