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What to Do if Your Precious Jewellery is Damaged

wedding ring engagement ring diamond jewelry

Jewellery can mean a variety of things to different people. For some, it's a status symbol or an important fashion accessory that completes the look. Others see it as purely sentimental, a reminder of a specific person, place, or time in their lives.

Whatever your reasons for cherishing a piece, it can be extremely upsetting if it is damaged. This could happen in a variety of ways, including daily activities like cleaning or exercising, and even something as seemingly innocuous as applying aftershave or perfume.

Never attempt to repair anything on your own

Jewelry repair is a precise, delicate skill that requires years of specialized training to master. You run the risk of making things worse and even irreversibly damaging the piece if you attempt to repair it yourself. As a result, it's always worth taking any damaged item to a jeweller or repair shop to be examined by a professional.

Examine your insurance policy

If the piece has monetary or sentimental value, you may have had the foresight to purchase jewelry insurance. If this is the case, it is worth reviewing the terms and conditions of your documents to determine what is and isn't included. You may be covered for repairs, replacements, or compensation for any damages, for example. If your collection is not currently insured, it may be worthwhile to purchase a policy to help protect yourself in the event of any future issues.

Repurpose any broken items

If the piece can no longer function in its current form, all is not lost. You might be able to turn it into something else. A stone from a damaged ring, for example, could be used to make a special necklace or bracelet, preserving the sentimentality attached to it.

Sell your product

If the damaged item was not one of your favorites to begin with, you may decide that now is the ideal time to thin out your collection a little. It is critical to conduct market research and obtain a few independent valuations before listing anything for sale. To avoid misleading potential buyers, you must state that the piece is damaged.

Bonus!

Sell your diamonds with ease with Diamond Registry’s comprehensive approach and vast global industry connections to help you find the best buyer for your diamond fast. Visit www.diamondregistry.com/sell-your-ring to take your first step to fast, easy and reliable way of selling your diamond.

Want to check and calculate diamond per carat instantly? Go to DR’s diamond price calculator to know how. Reliable and trusted carat calculator in the diamond industry since!

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