You may think your diamond ring is worth a lot, but it might be worth more than you think.
You need to know the difference between a good and a bad ring, according to a new report by the Guinness Book of Records.
Read more about diamond rings.
A report by researchers at the University of Edinburgh and the Royal Institute of International Affairs (RIIA) found that the average selling price of a diamond ring was between €4,800 and €5,500 (£3,000 to £4,600) while an average diamond ring would sell for as little as €100.
The research also found that a diamond engagement ring from the 1940s or ’50s cost €400 to €700, but was worth up to €3,800, while an engagement ring in the 1960s from the same brand was worth €3.50 and an engagement belt from the 1970s or earlier from the brand would sell at between €300 and €600.
This is all based on a survey of 500 ring buyers and their estimates of the value of the diamonds, and the actual price of the ring.
The average ring was found to be worth €8,300, a 10 per cent increase on the average sales price of €3-5,000 in the past three years.
However, a diamond from the 1920s, when the ring was first made, was worth between €2,200 and €3