Should you sell your engagement ring (or wedding band) after divorce?

sell wedding ring

Short take:

Don't hold on to a token of a relationship gone wrong —  sell your bridal jewelry to and use the money for a positive new start. 

More info:

I had a really spectacular engagement ring.

It wasn't that it was huge or particularly expensive.

It was unique — the 24-carat yellow gold band consisted of a half-dozen hand-hammered connected spheres, each centered with a very nice diamond.

It was totally my style, and it got lots of attention (which is also my style).

When I divorced, I put the wedding rings in the safe in my house.

In the back of my mind, I thought I would give them to my daughter one day — a token of the marriage that produced her.

Plus, I just wasn't ready to sell the engagement ring — or part with that time of my life.

I see now I wasn't ready to face it.  When you’re ready to sell your engagement ring and wedding band, check out

How to sell your engagement ring (or wedding band)

    1. Why sell your engagement ring?
    2. Where to sell your engagement ring
    3. How to sell your engagement ring
    4. Fees
    5. Sell other types of fine jewelry and watches
    6. Where to sell diamonds and gold online
    7. Testimonials

Why sell your engagement ring?

Then, a few summers ago, I had a change of heart.

I thought to the handful of people I know who had used wedding rings left over from marriages that had ended in divorce.

Some of those rocks were impressive – far more expensive than the young couple could have afforded on their own.

It always struck me as bad karma to start a life together with a token from another couple's less-than-ideal story.

I am a big, big believer that things have power. Whether material possessions actually absorb and retain energy from the people and experiences around them, or if it is your own memories and feelings that give the object influence over you, I’m not sure.

But if your walls are lined with pictures of family members who you disdain, that is bad mojo.

That token from a vacation on which you fought mercilessly with your BFF is a reminder of sour times – not margaritas on the beach.

If you surround yourself with things that remind you of the relationship from which you are trying to start anew, well, change that up.

So, I decided to sell my engagement ring.

I did some research, and since it is a brand name designer (Gurhan is a known Turkish jeweler, his stuff is sold at Saks 5th Avenue and Neiman Marcus), it made sense to find a local jewelry store that would pay for that intrinsic value.

What you need to know about selling diamonds before you sell your engagement ring

I called a local Gurhan boutique, which recommended the jewelry buyer that I used.

You can search Yelp or CitySearch for a reputable local jeweler (or sell your jewelry online).

I admit that the cash was less than I'd hoped, but after some research, I understood that there is a significant difference between retail and resale value of jewelry. It is what it is.

I used the money to send my kids to Europe with their dad to visit relatives there. It seemed a just use of those funds.

Plus, it felt good to rid my home and mind of that significant marriage memento.

Before you sell your diamond engagement ring, or other precious jewelry, first educate yourself about diamonds, as well as the valuing and pricing process.

Related: How to sell an engagement ring

Why you will lose money selling your diamond ring

One of the reasons many women choose not to sell their diamond engagement and wedding rings is that the price they are quoted from a jeweler or auction site is much lower than they believe their rings to be worth. Typically, the resale value of a diamond is about one-third of what you will pay retail. 

There are a few reasons why the price you will get even through a reputable jeweler or auction site is so much lower than what you paid:

  1. Wholesale jewelry buyers need to make a profit when they resell your ring or earrings, so they like to buy low, and then turn around and sell higher. That is how they make a living. 
  2. The market for diamonds and jewelry changes all the time, so the market price of your jewelry may have dropped since it was originally purchased. Also, the style, setting or cut may not be as popular when you purchased it, and therefore have a lower demand, and fetch a lower dollar-sum at market. 
  3. There is often confusion about the total carat weight of a diamond ring or other jewelry. A common misunderstanding is that the jewelry owner believers that, for example, she has a 1 carat diamond ring, when in reality, the center stone is .5 carats, and the surrounding smaller stones total .5 carats. Most jewelers or jewelry buyers value the smaller stones very little — perhaps less than $100 total in this case — and are only interested in the center stone.
  4. Many people also do not know the actual, certified value of their center stone.

A GIA certified appraisal, which you can get for free via Worthy, or through the agency directly for about $200. 

Selling your engagement ring through an auction site like — opposed to a local jeweler or pawn shop — give you a better chance of attracting the most offers, and getting the highest price. Each Worthy auction attracts hundreds of bidders.

Who gets the engagement and wedding rings in a divorce?

In most states, jewelry is considered a gift, and the gift recipient (a.k.a. the bride/wife/woman) keeps her own engagement and wedding ring, whether she stays married or not. Learn more about marital property and assets here.

How to tell if a diamond is real

While a laboratory test (more on that below) is the only way to be certain whether your diamond is real, there are some easy ways to test at home:

  1. If your diamond is unmounted (not set in jewelry), simply drop the gem into a glass of water. A real diamond will sink to the bottom. A fake will float.
  2. Try the fog test: Blow a warm breath on the diamond (as if you are fogging your glasses or a window). A real diamond will quickly dissipate the fog, while a fake stone will hold the fog for a few seconds.
  3. Look with a magnifying glass. All but the very rarest, highest quality diamonds have small, natural flaws and imperfections. A fake will be “perfect” — without any flaws.
  4. Heat test it. Hold the stone with tweezers and hold above a lighter or candle flame for 45 seconds, then drop into an icy glass of water. A real diamond will not be affected by the extreme temperatures, while a fake will likely shatter.

How much are diamonds worth?

If you're sure your stone is in fact a real diamond, now it is important to understand it's characteristics, which is how the value, and market price are determined.

4 C's of diamonds

The jewelry industry has long used the “4 C's of diamonds” as an easy way to understand all the ways the gemologists and buyers determine how much you can sell your engagement ring or other diamond jewelry.

A diamond's cut

A diamond's cut is the way a stone is finished. A skilled diamond cutter chooses to make precision facets that minimize a stone's natural flaws, and enhances its natural beauty, brilliance and shine.

A diamond grader looks for a stone cut with symmetry, precision, and polish, as well as attractive proportions. The Gemological Institute of America's grades a cut on a scale ranging from Excellent to poor.

A diamond's color

Contrary to popular belief, most diamonds are not pure white. In fact, the most valuable diamonds include those in shades of bright yellow (“canary diamonds”), green, red, and blue, and are called “fancy diamonds” and are graded on a scale of their own.

Diamonds also come in shades of brown (“cognac diamonds”), and even black, though these tend to be less valuable than white diamonds.

Most white diamonds are usually various shades of pale yellow. The brighter the white, the more brilliant the stone tends to be, and the greater the value.

The GIA's color grading scale for white diamonds ranges from D (colorless) to Z (light yellow). GIA's color scale:Diamond 4 c's color

Diamond clarity

Diamonds are stones, and all but exceptionally rare diamonds hav flaws. That is part of what makes them interesting and special, though the fewer the flaws and inclusions (blemishes inside of the stone), affect the brilliance — and value.

4 Cs diamond clarity

GIA's diamond clarity scale: 


A carat is the most objective of the 4 C's. It is simply the weight of the stone. A carat = 200 milligrams. Each carat is divided into 100 units, or “points.” A diamond that weighs .4 carats would be called a “40-point carat,” or a “40-pointer.”

The value of a diamond is a combination of all 4 C's — a large diamond with many inclusions is likely worth less than a smaller, clear, white diamond.

How do I get my diamond ring appraised near me?

An appraisal is different than a diamond lab report, or a certification from a qualified gemologist.

Most local jewelers in your community will offer an appraisal. This can be a good estimate of the replacement value of your jewelry, which can help you get it insured, and understand its value. Jewelers will often offer this for free.

However, if you want to know the true value of what your jewelry is worth, and how much you can get for it by selling, you really need a certified lab report.

GIA certification

There are just a couple internationally recognized jewelry grading laboratories, and these include the Gemological Institute of America, or GIA, based in New York City, and the International Gemological Institute, or IGI, based in Antwerp, Belgium.

Worthy works with both of these laboratories, which provide the most respected, independent, third-party certifications (a.k.a. lab reports) on your jewelry.

Agin, a certification, or grading report, is not the same as an appraisal.

An appraisal is typically done by a single jeweler, such as a jewelry store owner, based on their expert opinion. Some of these appraisers and jewelers are certified by GIA, but that does not make their appraisal “GIA certified.” GIA and IGI laboratories are equipped with extremely sophisticated grading equipment, and they provide value estimates based on databases of millions of recent sales.

An appraisal for insurance purposes (commonly provided by local jewelers), is typically much, much higher than the actual resale value of your diamond jewelry.

A GIA certificate, or IGI certificate, provides definitive grading information about your diamond or gemstone ring, earrings, necklace, brooch, or bracelet. The certificate will also provide a market value range for your item. Expect to pay $100 to $200 for most reports, though more valuable jewelry will cost more to grade.

If you chose to sell your engagement ring or other diamond or gemstone jewelry at, you will get a free IGI or GIA certificate, which is yours to keep, even in the event you chose not to sell.

Get a free GIA appraisal from Worthy now >>

What is a GIA report check?

Just as there are a lot of fake diamonds on the market, there are also a lot of fake GIA reports. If you are buying or selling jewelry, and you want to double-check whether the information on a GIA certificate is authentic (or if you lost your lab report), you can quickly enter the certificate number on GIA's site, and immediately access the report for free.

How much is a 1 carat diamond worth?

As outlined, there are many factors that determine the value of your diamond, including the cut, clarity, color, carat weight, as well as style, setting and the market at the time of sale.

The price you would pay for a diamond in a store, or retail price, is much higher than what you can expect to receive if you sold your diamond to a jeweler, or an online diamond buyer, or at auction.

Keep in mind: The large, center stone is mostly what determines your ring's value, not the total carat weight of all the stones combined.

Here are a few recent sales at

1.16 carats oval-cut halo ring, H color, I1 clarity, sold at auction for $1,332

1.13 carats pear-cut, F color, VS1 clarity, sold at auction for $4,050

1.2 carats, round-cut solitaire ring, F color, VS1 clarity, sold at auction for $5,767

How much is a 2 carat diamond worth?

Again, these are prices based on the size and quality of the center stone, not total carat weight of all the diamonds in the piece. 

Here are a few recent Worthy sales of rings with center stones of approximately 2 carats:

2.02 carats cushion-cut solitaire ring, I color, SI2 clarity, sold at auction for $6,754

2.54 carats cushion-cut bridal set, J color, SI1 clarity, sold at auction for $8,827

2.01 carats round-cut, F color, SI1 clarity, sold at auction for $14,820

Do diamonds appreciate in value over time?

In other words, Is a diamond a good investment?

In terms of money, the short answer is: No. You are not likely to see your diamond jewelry appreciate in value over time.

In fact, expect that the price your receive at auction or from even a very reputable diamond buyer will be substantially lower than what you paid for it.

The reasons include:

  • Diamond buyers are really only interested in the center stone, which they can repurpose into other, more contemporary pieces of jewelry, or custom items for their clients.
  • The retail price you paid includes the design, smaller side stones, and the retail experience. A diamond wholesale buyer will melt the metal down to scrap.

This video does a good job explaining why you will get less money for your diamond than you paid for it:

That said, there are countless good reasons to sell your jewelry for cash. These include:

  • You need the money.
  • You don't wear or enjoy or like the jewelry, and so could use the cash from a sale to pay for a practical bill or an experience or purchase that you would enjoy.
  • The jewelry is a gift or inheritance attached to someone whom you have a negative or complicated relationship. In other words: The jewelry has bad energy for you. Cleanse that!

How to sell your jewelry online for the highest price

I did a search online of places to sell bridal jewelry online. Here is a post I did of all the top places to sell your jewelry online. If you have a significant ring, loose diamond (or branded watch) you expect would fetch more than $1,000 at market, I recommend Worthy, an online auction site that makes it very easy to sell all fine jewelry online, for a fair price.

Best yet, you can get a very good idea of whether Worthy is right for you even before you commit to working with them.

I like Worthy because their system is very transparent, they have an A+ Better Business Bureau rating, and their website is very easy to use.

They have historically been just focused on being a diamond buyer, but have branched out into high-end watches and are looking to expand further in the future.

Plus, there are dozens of reviews and video testimonials from very happy customers.

Check out my Worthy review to learn more.

How to sell your engagement ring online:

  1. Go to
  2. Enter your name and email, along with basic information (diamond color, carat weight, clarity, etc.) about your jewelry, including size and grade of your jewelry or stone.
  3. Receive an estimated market value for your piece right then and there. This whole process takes about 2 minutes.
  4. A very nice customer service representative calls to answer all your questions, and tell you what will happen next.
  5. Ship your item. If that price suits you, Worthy will send a FexEx delivery person to your house the next business day (or sometimes the same day! That blew my mind!), in which you send the jewelry, diamond or watch to them — Worthy pays for all shipping and insures the item for up to $1 million. Sweet!
  6. Agree on a “reserve price,” or the lowest price you are willing to accept.
  7. Your item is auctioned. Worthy will put your jewelry in front of at least 100 potential buyers worldwide, who can then bid on your item.
  8. Receive an offer within 7 days of Worthy receiving your item.
  9. Get paid. After you confirm the sale, you'll receive payment within 24 hours.

Selling heirloom or estate jewelry or a watch? I write about that selling antique and estate jewelry here.

Fees and guarantees

Worthy takes up to 22 percent of the sale price.

They are very transparent: if they don't sell your item for at least the reserve price, they return it to you, free of charge, no questions asked.

I also love that Worthy will pay you $100 if you successfully sell your auctioned item to an independent jeweler for a price higher than Worthy was able to offer.

Sell other types of fine jewelry and watches using Worthy

I have worked with for almost three years and have watched their reputation and service grow. So many women that follow me mention that they had a good experience selling their diamond engagement ring and other jewelry with Worthy, and had a good experience.

Worthy has grown and will help you sell other fine jewelry for the best price through their market place.

I researched the top places to sell loose diamonds online.

I also wrote about how to sell valuable necklaces, watches, and bracelets. Not sure what to do with that pretty Tiffany engagement ring? Read my post on selling Tiffany jewelry for the best price.

Heirloom, inherited, estate and antique jewelry are often confusing and emotional assets that can earn the owner money to honor their loved one in a meaningful way. Check out the estimated value of your jewelry box.

More ways to sell diamonds and gold jewelry

If you specifically want to research selling diamond jewelry or loose diamonds or gemstones, there are some quality resources online and in-person.

What about diamond upgrades and trade-ins?

The following national jewelry stores offer diamond upgrade and trade-in services, in which they will evaluate your jewelry, offer you a sum that you can then apply to another, more expensive piece of jewelry:

  • Kay Jewelers diamond upgrade and trade-in services
  • Jared diamond upgrade and trade-in services
  • Tiffany diamond upgrade policy
  • Nordstrom diamond upgrade policy

These are, in general, reputable jewelry retailers. But if you are looking to sell your diamond ring or other jewelry for the most cash, upgrade and trade-in services are not the best route. Why?

  • A local jewelry store — including a national chain — will not provide a certified lab report on your jewelry. A lab report is the only way to guarantee the dimensions of your diamond, and authenticate the price offered is a fair market rate. Even an appraisal is not the same as a lab report.
  • In other words, Kay Jewelers, Jared or Zales will extend an estimated value of what your diamond is worth — but you have no way of knowing what you could get for it on the open market
  • If you really want cash for your unused or unwanted jewelry, don't let a salesperson talk you into getting a BIGGER, MORE EXPENSIVE piece of jewelry, when what you really want is cash — to pay off debt, buy a house, pay for college, a vacation, etc.
  • If your goal is to declutter your jewelry box and life of a piece of jewelry tainted with bad feelings and bad memories, those negative vibes may then attach to the new upgrade.

Takeaway: Just trade your diamonds for cash, and call it a day.

If your jewelry is modest, there are other options.

In my jewelry box were a couple of modest gold and diamond rings that a relative had given me when I married. Time to go!

I did some research and decided to try to sell the rings at CashforGoldUSA and CashforDiamondsUSA (they have the same parent company), one of those places that advertise on TV.

Those sites always seemed super-cheesy. But I researched this one.

The parent company, CJ Environmental, has a BBB rating of B+. Even better: A Fox News undercover investigation of three of the top-ranking websites that promise to buy your gold for top-dollar found that CashforGoldUSA paid customers 3x the other sites!

From past research I've done as a business journalist on selling gold jewelry (including dental fillings), I know mail-in services like this can be a good deal, as can your local pawn shop.

Just research them first.

I decided to try CashforDiamondsUSA.

It turned out to be really easy.

I plugged in my name and address on their website, they sent me a mailer, I stuck the jewelry in it, dropped it in the mailbox and two weeks later got a check (they also give you a tracking number to chart it online).

I was pleasantly surprised.

One of the rings – 12-carat gold with a couple of small diamonds – fetched a $159 check.

The other, similar, but of indeterminate quality, was actually returned.

I was at first disappointed, but the rejection made me trust the company more.

They were being honest: Nothing personal, the return implied, but your crappy ring is dead to us.

*Note, CashforGoldUSA has nothing to do with the scandal- and lawsuit-embroiled Cash4Gold.

Let go of old things, it makes space for new

The bottom line is that I sold an engagement ring that I didn't use, no longer wanted, and kept me holding on to a relationship that I was no longer in.

Plus, I got some cash that I needed at the time.

I don’t think it was insignificant that same month I started my first significant relationship in two years.

I also think that selling those diamond and gold rings has something to do with the fact that my ex and I have been getting along better than since before our split.

In ways I don't fully understand, I was freed.

Start the process of letting go of old things >>


Sierra Fein: “I recently used your services to sell an engagement and a wedding ring that I no longer needed after my divorce. When I was emotionally ready to sell these pieces, I went to my local jewelry store and was really disappointed with the small amount that they were willing to offer me. Using Worthy was so easy. I felt very comfortable once I spoke with a customer service representative. I received shipping labels, and I was able to watch the live auction. It over exceeded my reserve price and with the money, I am able to go back to school to become a teacher. Thanks so much, and I am happy to recommend your services to anybody else I know that’s in a similar situation.”

Christa Carrell: “HI wanted to say thank you again for helping me to sell a ring on your site. Everything went great, the process was seamless. You guys answered any questions that I had and I will definitely recommend you in the future. Again, thank you so much. I’m going to be using that money towards a vacation pretty soon.”

Kelly Witte: “I recently sold my Rolex Datejust women’s stainless steel watch on My experience was a wonderful one. I was extremely impressed with the attentiveness and the response time from my sales representative. I also felt that he tried to get me the maximum amount of money that I wanted for my product, and I was very pleased with them. I am looking forward to the next purchase that I will be making with the money, which is a new upgraded version of my watch. So, I am extremely excited and I would definitely recommend for anything you want to sell in the future.”

Maura: “I have been looking to sell my ring for at least five years and I did not find any good ways of selling it. When I say “good ways” I definitely wasn’t coming close to getting the value that I would have liked to have gotten for the ring. I just wanted to sit on it, like a safety net. I felt like I had my safety net ready when I needed it, even though there was no way to actually get a decent price for it. So, when I discovered Worthy, of course, I wanted to look into it to see what I could get for my ring. I had a minimum in my head of what I wanted to get, and when I spoke to somebody at Worthy, which was nice when I went to the website, somebody called me to follow up, which I think was very helpful because it gave me the human touch of the process which continued throughout. So, I was very happy. When Mary called me, she asked me questions that were right on par with what I would have wanted somebody to ask. She made it very easy for me. I ended up coming into New York City because I’m close by in Connecticut, so I made it even easier for myself by popping in and making an appointment.”

Learn more about how much you could sell your engagement ring for at Worthy >>

How about you? Do you still have your engagement ring? Or did you sell your wedding ring, give it away, turn it into a necklace, or throw it out the car window into a ditch on the way home from the court date finalizing your divorce? Please share in the comments …

About Emma Johnson

Emma Johnson is an award-winning business journalist, noted blogger, and bestselling author. A former Associated Press Financial Wire reporter and MSN Money columnist, Emma has written for the New York Times, Wall Street Journal, Forbes, Glamour,, U.S. News, Parenting, USA Today and others. Her #1 bestseller, The Kickass Single Mom (Penguin), was named to the New York Post's ‘Must Read” list.Emma regularly comments on issues of modern families, gender equality, divorce, sex and motherhood for outlets like CNN, Headline News, New York Times, Wall Street Journal, Fox & Friends, CNBC, NPR, TIME, MONEY, O, The Oprah Magazine and The Doctors. She was named Parents magazine’s “Best of the Web,” “Top 15 Personal Finance Podcasts” by U.S. News, and a “Most Eligible New Yorker” by New York Observer.A popular speaker, Emma presented at the United Nations Summit for Gender Equality. Read more about Emma here.  Find out Emma's top Single Mom Resources here.


  1. Signature Diamonds on November 9, 2015 at 10:50 am

    Great article! It’s important to find a GIA Certified Diamond Buyer and Grader. For any of your readers who are in the Florida area, we have been in the diamond buying business since 1945 and we can help ensure that they get the best value when they sell their estate diamond jewelry.

  2. Lynne on October 7, 2015 at 5:34 pm

    I sold mine this past spring to pay for my son’s summer camp. I have to say I am glad it is gone. I too thought I would give it to my son some day to give to his future bride. Why? A sign of a failed marriage! No thanks. He deserves something fresh! Pretty funny story. My x’s sitter sold him the diamond. If the stories are true- she actually made him over pay by $10,000. Ha! i didn’t get that much for it but I got way more than I would have selling it to a shop. I sold it to my neighbor who is a diamond dealer. In the end, glad “it went to my son” xo

  3. motek on October 1, 2015 at 5:09 am

    Thank you so much for letting me know I helped. I wish you and your wonderful girlfriend, soon to be wife all the best in your life! –

  4. Heather on September 27, 2015 at 4:02 am

    Where would you start with a Tiffany band?

    Ebay has one for 1700 but who knows if that’s high ball & will just sit….. I’m planning on watching. Since it’s a high-end brand I am hoping to take a fast, high dollar route.

    • Emma on September 27, 2015 at 11:59 am

      That is a great strategy, actually. Good luck!

  5. motek on September 11, 2015 at 5:33 am

    it is a very useful post to those girls who want to sell their diamonds rings after divorce or any other problem. they can get tips through this post that what things they should follow to sell diamond jewelry and get profit with that deal.

  6. Aileen Ghee on April 21, 2015 at 9:00 am

    When you are ready to sell and engagement ring, look into You want to get the most money from your diamond sale and the solution is to put it up for auction with a network of professional diamond dealers and jewelers placing competing bids. Diamond Lighthouse has opened up the expert diamond market so the public can get fair value for their diamond jewelry.

  7. Michelle on April 8, 2015 at 5:34 pm

    In my first engagement, I had a beautiful 3.5 total carat diamond ring. He was caught cheating multiple times and I broke off the engagement. I caught a lot of flack from men-friends and co-workers on how wrong I was for not returning the ring. I look at as compensation for time served! If we had decided to part amicably because we weren’t ready for marriage, I would have gladly given it back as he went into debt to buy it. BUT…since he decided to be a dog about it, I kept it and went on to use the proceeds to put a down payment on my first home! BOOYAH!!!

    • Emma on April 8, 2015 at 7:59 pm

      Michelle – that is a funny story in a way, but men don’t owe us financial compensation because they’re dogs. That is why no-fault divorces prevail — to decouple relationship drama from the financial realities of divorce.

    • Gary on February 7, 2016 at 2:48 pm

      Terrible attitude, pretending you are entitled to some sort of compensation when you are not and just really wanted the money.

      • RC on July 14, 2017 at 1:14 am

        She was cheated on multiple times and treated terribly by that man and she’s the one with the bad attitude? I find her attitude very positive. Instead of dwelling on the pain, she moved forward doing what was best for her after wasting time on a creep that put his wants ahead of the woman he was engaged to. Gary, you seem to think that engagement rings are owned by men and are like a retractable leash they attach to the woman they are engaged too. Or like a car lease. Shame on you for putting down women who don’t subscribe to the same opinion as you.

        • Larz0 on October 19, 2017 at 12:40 am

          Mere rationalization — whatever the circumstances, she’d be keeping the ring considering it compensation.

          News for you, RC: the law says an engagement ring purchased by the man is supposed to be returned. If he had sued, he would have won.

  8. Vallejo on April 8, 2015 at 12:10 pm

    My ex and I just call of the engagement. We have been engaged for 2.5 years and it hurts like crazy. I still have the 1 Carat Diamond Solitaire ring in 10 Carat white gold. I am not sure if I want to sell it or not. I paid 2 grand for the ring and if sold, would want to get at least half my money back. Am I think realistically or should I just keep it?

    • Emma on April 8, 2015 at 12:37 pm

      Get rid of it, though don’t expect to get 50% ROI. The market is the market – send the ring to the service mentioned here, or check with your local jeweler. Free yourself so you can move on to new love! You deserve it!

      • Debbie on September 16, 2017 at 12:05 pm

        Just curios as to why it’s hard to get what a diamond originally cost? I have always thought diamonds were good investments and usually don’t ” get old” so why should you take less?

  9. Red on March 20, 2015 at 10:40 pm

    Im struggling with what to do with my ring… I married at age 30 to a man far too fast, not a bad guy, but NOT my guy. He gave me a fake silver ring to propose with telling me it was a family heirloom, and I wore it for a while until the stones started to pop out. This wasnt a big deal to me, because I planned to design my own ring eventually (Did I mention that I am a jewelry designer specializing in engagement rings?!)…. anyhow, come to find out after our elopement that not only was the ring not a famiily heirloom, that he had bought it and proposed to his ex girlfriend with it…. she never wore it, but it was tainted.

    So now there were lies attached to the damn thing! I pushed myself to finally figure out the ring I wanted, and let me tell you, it is BEAUTIFUL…. Platinum, diamonds all over, looks truly vintage, huge gorgeous center stone…. I put SO MUCH WORK AND THOUGHT into my design, and I myself designed every line of the ring….

    Fast forward to now… needless to say I got tired of lies in my marriage, and now my divorce is pending and I am dating someone new. Is it time to unload the thing? I am “in the biz” so I can sell it pretty competitively and make some cash, but I do still LOVE the look of the damn thing! I would wear it on my right hand and love it because its MY DESIGN but I think my new BF would be hurt or uncomfortable, yet I dont want to make the decision to sell it because of pressure to please him… or maybe I do…? Help!

    • RC on July 14, 2017 at 1:06 am

      Did you design it in a CAD program or still have your drawings, specs? You could make a new ring, just for you, with the design and different finishes… Use your stone in a new piece if you do not want to part with it… Or modify your design to be a pendant, or a bracelet… (I used to be a bridge jewelry designer/manufacturer)…

  10. jaimie on March 9, 2015 at 2:45 am

    mine is going towards breast implants lol

    • Emma on March 9, 2015 at 1:46 pm

      lol good for you

  11. Linda on February 5, 2015 at 2:44 pm

    I’m surprised how non-black-and-white laws are regarding marital rings. In general, it seems unless a ring belonged to the ex’s family, it’s the wife’s to keep as it was a “pre-marital” gift. Engagmement rings, by nature are “pre-marital”…but NOT ALWAYS. I was married for 27 years. We had met in college and bought a $1000 rig from our joint account. My husband’s business thrived …and we lived well below our means (thanks to him, had no idea of $$$ until we split) and decades after he could afford it….I got, for CHRISTMAS (“and valentines, and anniversary, and birthday as most gifts covered years of gift obligations in his eyes) a really nice really PRICEY new ring. Unlike a lot of the micro pave and halo stuff that add carats but little value, I have found that a simple high quality solitaire stone is much more valuable in resell market (lucky for me) at one point during the divorce he petitioned to have my jewelry (all of it….all pieces that would constitute a year or two’s worth of jewelry) included in the property split. Now, engagement rings are pretty secure (unless previously belonging to groom’s family) but “remounts or upgraded ENGAEMENT rings can, come into play when dividing assets. The fact these were also “gifts” really doesn’t mean they are the wife’s property exclusively. I refused, told him if a judge mandated I would do it (of course) but he wanted no part of going in front of judge. Everyone asks what I’m going to do with it. I kind of agree with the bad mojo stuff. But I am happy to say I will be remarrying, and am drawn to older estate rings…they might have stayed married more back in the day…but I bet they have plenty of bad mojo too! for now, I’m sitting on it. I like a valuable, easily liquidated asset ? we’ll see…tough stuff

    • Emma on February 6, 2015 at 12:59 pm

      I agree with this perspective — engagement rings became a custom to protect women financially when they could not do so independently. Times have changed – time to grow up people!

  12. Annie Logue on January 20, 2015 at 9:21 am

    Yes, these things have power, but keep in mind that the diamond market is corrupt, so you won’t get anything near what the ring originally cost. That’s why I’d go for resetting the diamond.

  13. DarthW on December 14, 2014 at 5:51 am

    The engagement ring is the first big thing a guy pays for in marriage, and he keeps paying for bigger and BIGGER things after that. This is the arena where feminism often fails to show any of the “equality” women seek with men. We men pay for most everything, then she divorces us, and we continue to pay.

    While I’m all for a woman getting paid to do the exact same job I do (not the parts she likes while she gets out of working weekends and taking on-call “because of the kids), and I’m completely cool helping around the house (as long as she can stop nagging), I see women only want the parts of feminism where they benefit financially, but also want to retain the traditional parts of relationships where they also benefit. – like the guy to go broke buying that engagement ring that she then also wants to get money for after she (likely) initiated the divorce. Typical

    • Tyla on January 16, 2015 at 2:47 pm

      I hate to say it, well, actually I don’t hate to say it, but I do I agree with DarthW.

      As a woman wanting across the board equality, why should I get a wedding dress that costs thousands of dollars that I’m only going to use once, and my groom rents a tux? Again, why am I, or what makes me, entitled to a multi thousand dollar engagement ring, and my fiancé gets what? Nothing. The same for all the various anniversary gifts, that tend to be jewelry. (And let’s be real honest here, when it comes to individual expenses, our clothes, especially shoes, cost a lot as well.)

      Where and how do I balance my desire for male chivalry, wanting a man to open the door for me, but then when we enter the boardroom I expect him to treat me as his equal?

      If we (women) want to be taken seriously, then as my husband likes to say, we’re going to have to “step up to the plate” (that’s the only part he says, the rest is me) and start giving up some of these indulgences for the equality we’re seeking. Marriage is like any business transaction, in that in order to be successful, there is going to have to be give-and-take from both parties that costs averages out in however we all assess and value our desires.

      That’s why, when my husband gave me an engagement ring, I gave him an engagement watch. For my wedding dress, I just bought a nice dress from Nordstrom and my husband bought himself a nice suit. Every year we go on a vacation together, and every other year (rotating between us) we’ll take a smaller vacation by ourselves with friends. So far it’s working out, and if it ever gets to a point that it doesn’t, then we’re pretty much already equally, and equitably, all divied up!

      • Emma on January 18, 2015 at 11:47 am

        All fantastic points. I dated a guy who had a broken engagement. Took the ring, sold it, and used it to buy himself a Rolex. FWIW!

        • Gary on February 7, 2016 at 2:54 pm

          fair enough, anyway it seems to me reading all these posts people are spending far too much on rings

        • Lori on March 18, 2016 at 2:31 pm

          I still have mine and don’t know that I will sell it. We are separated and have been for a long time. He refuses to file for divorce so he can still have control over me . I will most likely have it made into something else along with diamonds from wedding band& anniversary ring. Monetarily he did pay for those rings but I paid with Blood Sweat and tears LITERALLY. I Made him a home, raised our children, took a lesser job with less hours so I could work & be home for our family. For all this He cheated repeatedly and left after 25 years. So I do not agree… I earned those rings and I will be damned if I ever feel he is entitled to anything given to me throughout our marriage.

          • Emma Johnson on March 18, 2016 at 2:36 pm

            Sounds like you’re really bitter. Maybe letting go of the rings will be a first step in healing.

            • Been There Done That on May 9, 2016 at 10:18 pm

              Really, “bitter”?? What a nasty, sour comment of yourself to make about someone! WOW. I wouldn’t call Lori “bitter” simply because she is stating the facts that she was married to someone for TWENTY FIVE YEARS for the love of God, whose only thanks was to lie & cheat on her repeatedly. She sacrificed and dedicated her life to him and her children and got nothing but a slap in the face in return. Just because she’s making a “HELL NO” comment about a situation regarding the return of the rings (which, HELLOO, no way would that even be in the realm of possibility given the length of the marriage and the circumstances) does not make her “bitter.” It makes a wise woman who perhaps has learned that ol’ adage, “Fool me once, shame on you . . . fool me twice, shame on ME.” And, might I add, shame on YOU, Emma, for this snarky comment. Her first step in healing will be surrounding herself with people who understand why she might feel angry and betrayed — obviously you’re not one of them! :o

      • Gary on February 7, 2016 at 2:56 pm

        You sound a very sensible woman

      • ABC on August 26, 2016 at 6:29 am

        I’m going to disagree. I just got divorced a month ago and my husband left me with $20,000 of debt. I got NOTHING out of the divorce. NOTHING and I’m paying EVERYTHING. If I get $150 from a couple of rings what’s the harm? AND not EVERY husband pays for EVERYTHING. I paid for a lot of stuff and extra money to make sure bills were paid be because he didn’t give a sh*t sometimes. So stop generalizing. It works both ways.

    • Irina on April 8, 2015 at 2:54 pm

      Right — except:
      I bought a nice dress off the rack at a dept store for $400. He bought a new tux for $1000
      Yes, he paid for the engagement ring but we jointly paid for the wedding rings.
      He earned more during the marriage — and spent it all (mine and his – we always had joint accounts) gambling.
      Now he wants joint/equal custody of the kids but can’t provide a stable home and cant/wont pay any child support (going on 3 years now). Tell me again why I don’t deserve equality in the workplace so that I can continue to support myself and my children. Good thing the executives at the male-run company I work for don’t think the way you do or I’d be homeless.

      • Irina on April 8, 2015 at 2:56 pm

        And I’ll add – women may need to step up but men need to grow up and take more responsibility for their children.

        He can have his ring back: it was cheap then, not worth much now, and he’ll use it to gamble.

    • Amp on May 5, 2016 at 10:52 pm

      I don’t agree with the BS comment that men pay for almost everything. I have a great job and pay my own way in life. And BTW, I not only paid for my ex husband’s ring but I also paid a decent portion of my own. Not only that, but I also supported my ex husband for the first 6 months of our marriage then he turned into a liar and a cheater, so I really don’t appreciate the fact that men come on here and generalize that the men pay for everything because that is not always the case!

    • Hustling it on November 25, 2016 at 7:30 pm

      Not all men pay for every thing my husband lost his job and was unemployed for 2 years, while I busted my ass for those 2 years working 3 jobs to make ends meet and still had to make dinner and lunches and clean and do laundry! Those years were exhausting!! But we survived and are still together I’m not sure how but I’m sure God had it all figured out! So women bust ass too Gary!!

  14. Maria on December 11, 2014 at 12:53 pm

    I used mine as the down payment for a car that I really needed after my divorce. It took me a year to make up my mind to get rid of the ring, and just a week to sell it with this auction
    All the people closest to me tried to persuade me to pass it on to my little princess when she gets older. They kept telling me that it kind of belongs to her, but I really didn’t want to see that symbol of my unhappiness on her hand! I am more than happy to hear that I am not alone and that you also did the same.
    Emma, thank you for the support and inspiration that I receive from your articles!

    • Emma on December 16, 2014 at 3:23 pm

      Hi Maria – you did the right thing because it was right for you! You don’t owe your kid that ring, and it having it around dragged you down, good riddance. Good for you and happy driving!

    • Gary on February 7, 2016 at 3:01 pm

      You could have passed it on to the man who paid for it. I am sure you have said before during and after your divorce that you wanted nothing to do with him, well nothing to do with him other than keeping the money you get for the ring he bought because you were getting maried

      • Deena on March 21, 2016 at 11:56 am

        Sorry Gary, a gift is a gift. If you give someone you love(d) something, it belongs to them. There are exceptions to this — such as family heirlooms and breaking off an engagement. If one actually walked down the aisle with someone and had every intent on having a real marriage and it didn’t work out, you don’t get to ask for your gifts back. I think it’s funny how men on this thread are acting as though women are just taking them for their money. Grow up.

        • Stephanie on September 11, 2016 at 2:54 pm

          I have to agree with the men in this case, and I am a woman. An engagement ring is a symbol of an agreement to share your life with one another. It is not simply a gift, such as a birthday, Christmas or other gift. And why are women not expected to do the same? This old tradition is really a joke. Not only is a man expected to be the one to spend the money for an engagement ring but then when the marriage fails, the woman is okay with keeping this? I gave mine to my ex when we ended the marriage. The ring was only mine when we shared our lives. And how about the man who gives the engagement ring that is a family heirloom? No different. It needs to go back to the man. Come on ladies, stop being so selfish. If you want a ring so bad still….work and buy your own!!!

          • Chris J.M.R.B. on July 10, 2017 at 11:27 pm

            I was told that a ring given as a ‘gift’, on a birthday, Chritsmas, etc, is and remains a gift. A gift is not returned when the primuse is broken. And that a ring given as a token of promise of love/marriage, is returned if the promise is broken. My source my not be correct, I always felt that it was fair.

  15. Divorced Kat on December 5, 2014 at 8:42 am

    Yes, I sold mine. I knew I didn’t want to have it when I moved into my own space. I wrote about it in my blog:

    • Emma on December 5, 2014 at 11:05 am

      will check it out!

      • Valerie on November 11, 2015 at 6:53 pm

        I am getting a divorce after 30 years, I was trying to decide what to do with my engagement ring and wedding ring, didn’t know if I should go to a pawn shop or what.

        • Cheryl on November 18, 2015 at 2:30 pm

          I’m getting a divorce after 35 years with this man–I feel your pain Valerie!! I took my rings off & put them in my safe a few weeks back. Just spoke with a jeweler and he said when I’m ready we can remove all the stones from whatever pieces I want to get rid of (I’ll probably include his ring since he never wore his anyway) and play around with the loose stones to decide how I want to custom make some earrings & possibly a necklace with the centerstone. He’ll buy all the gold from me since they don’t reuse the gold in your new piece anymore. He said I’ll never get the money my diamonds are worth by selling them outright and quite frankly mine are worth too much. I’m thinking about getting this done ASAP before our divorce is finalized so I can have it paid for on his credit cards!!!

          • Gary on February 7, 2016 at 3:04 pm

            You must be the worst example on here not only do you want to sell the rings he bought for you but his ring and keep all the money.

            All single men should read this article and attached thread to see what sort of people the ones they love can turn into.

            • Jay on February 13, 2016 at 7:58 pm

              Gary – You seem really hurt by all of this which makes me think this must be very personal for you too. An engagement ring or wedding ring is a promise of marriage; once the marriage occurs the promise is fulfilled and the ring is seen as a gift from one party to the other. No recipient of a gift is bound to return it, even if the relationship ends.

              Yes, men and women should be aware that in a divorce, the gifts, including rings given to another belong to the recipient. There’s no right to half or something similar under the law or even under morality. When you truly love someone, even if that love ends, you don’t care about the return of the gifts you gave them; and you especially don’t care if they sell it to make ends meet. You realize that maybe those old gifts were deserved and you let go.

              I hope you are able to let go of your pain at some point.

            • Michelle on August 1, 2016 at 7:27 pm

              The engagement ring is a gift and the man is not owed money back. Plus she received that gift 35 years ago! And she should give money back! She just said she can’t get the money back. Gold scrap is not worth that much. I’m going through the same thing, though I only have a 1/2 carat, though very beautiful, ring. My ex-husband returned to school, finished his undergraduate degree at 38, and started medical school at age 40. I was 2/3 support through undergrad and the sole provider throughout medical school. By residency, he wanted a divorce. This is not an uncommon story. Don’t judge when you don’t know her story. She probably earned every freaking cent as a wife. I know I did, though I walked away with very little.

            • Tom Greenland on October 1, 2016 at 8:11 pm

              Agree Gary. My story is a little different, after my wife moved from our abandoning me and our children, I’d successfully nabbed both engagement and wedding ring, along with the beautiful pave diamond ring that I’d purchased for her 49th birthday. Some of the money from the sale went towards lawyers, fees, which was a great help in fighting to have my X wife pay me child support in $1440 a month, all calculated by the courts disso-master. The remaining money went towards payment of my new Omega Seasmaster Chronograph watch.
              Though the divorce is not completely finalized, another until first week in November, it was to my satisfaction that that money went to good use. The spousal support, which is absurd, considering that she got caught cheating, and I have to pay her for it, will offset the child support she pays me. I’ll still be losing in funds in the long run, but I’ve got a nice new watch and a brand new home to admire, not to mention the kids are with me everyday..

            • Joanne on October 10, 2016 at 6:42 am

              If he cheated and was the one to cause the divorce, she should be able to do whatever. Men think they can destroy marriages and still reap rewards!

        • Gary on February 7, 2016 at 3:05 pm

          Give it to your ex, he paid for it

          • Amanda on February 16, 2016 at 7:14 pm

            Is my ex going to give back the entire wedding bill the brides family paid for? No.

            • Emma on February 17, 2016 at 10:01 am

              Well, whether these are antiquated rituals is another discussion — good pont.

            • Pat on June 8, 2016 at 4:08 am

              Seriously! Agreeing with Amanda! Still paying for the wedding long after the divorce.

          • Michelle on September 27, 2018 at 12:24 pm

            I disagree. My ex demanded every gift he ever gave me and then tried to use the ring as an asset so he could keep the house. He cheated and he got the stuff. Even used my daughter’s car that I paid for against me. I had to let it go as it was just stuff. Five years later, I do not have the reminders surrounded me and know I took the high road. Keep thinking I will toss the ring at divorce beach in Cabo!

  16. Helen on December 4, 2014 at 5:12 pm

    I wore mine for two years after my divorce, until a friend asked me why I was still wearing them. That day, I took them off, and put them in my jewellery box, and the day after that I was burgled and they were stolen along with other pieces that my ex had given me over the years.

    I had the insurance money in the form of a card to use in different jewellers for two years. In those two years, I worehardly any jewellery. and realised we don’t actually need these adornments. Anyway, eventually I did get round to spending it, I tried on an eternity ring just like my old one and had this instant gut reaction against it. It immediately reminded me of the bad end to the marriage, and also of the burglary. End result, I bought something totally different, that I really love, and which is bringing me much pleasure…… and I’ve got a burglar alarm to keep me and my kids safe.

    • Emma on December 4, 2014 at 6:40 pm

      What a story — if you believe in the universe it seems that greater powers wanted you to get the eff rid of those rings!

  17. Jennifer on December 4, 2014 at 2:36 pm

    Hi Emma,
    I took rings (his…which he never wore) my 3 (including Anniv. Ring) and the few other pieces worth selling to a reputable Pawn Shop (aka I know the owners:)) Then I ceremoniously mailed half of the little bounty to ex, including a copy of the receipt. Even took pictures ensuring no snap could come back on me. It was very liberating and by continuing to take the high road, my children witness a grown-up.
    Thanks for your messages.

    • Emma on December 4, 2014 at 2:43 pm

      Wow, sent him half. Very, very big of you. Well done.

      • Michelle on August 1, 2016 at 6:53 pm

        I feel that the engagement ring is a gift and there’s no reason to give it back or the value of it back. That money was hers to keep.

        I’m having trouble getting anyone to buy my 1/2 carat beautiful ring! I’m not being greedy about it, but I was told to sell it used on EBay or Craigslist, which I’ll do. And I do need the money right now, but more importantly, I want it out of my life and clean, clear karma, all the way.

  18. Dana on December 4, 2014 at 12:10 pm

    Yes, I agree that getting rid of ring was what I needed to do. It was an ornate vintage ring and my sister always told me that she thought it was beautiful. So, I gave it away to someone who now adores it the way it should be loved, just for it’s beauty.

    • Emma on December 4, 2014 at 12:40 pm

      Great story — repurposed it from something obsolete for you, into something desired for your sister.

  19. Sheila on December 4, 2014 at 12:04 pm

    Ha! I had to read because of my opposite story. I’m glad you put your past to practical use. I still have the gold wedding band which I chipped in money to buy and I thought about selling it for gold value– thankfully, I haven’t been that desperate for money (yet). But interestingly, the “engagement ring” I have was bought from my dad who bought it cheap from my sister’s friend when she was going through divorce from an abusive husband (yeah, talk about jewelry karma). It has diamond “dust” on it. I might get $50 for the gold value. When I was married over 10 years and my ex was earning six figures, he surprised me with upgrading the laughable engagement ring. There was a Kmart going out of business and he got a good deal on 10k gold cz ring. Yup! Doubt I’d get $20 for it second hand. But you go ladies!

    BTW: I saw in the discovery documents during my divorce that less than two months after my ex moved out, he bought a $6000 engagement ring online. Looks like the mistress got all the respect he was saving up from me. Whah, whah, whah!

    • Emma on December 4, 2014 at 12:41 pm

      Oh boy, what a whole lot of drama around your rings! Get that junk out of your house and life!

  20. Debbie on December 4, 2014 at 11:52 am

    The main diamond in my engagement ring was given to my husband by his mother to make into a new ring when we got engaged. My in-laws had a nasty divorce and a terrible marriage. Before we got engaged, my now husband asked me “do you think that a diamond ring from a divorced couple is cursed?” I thought about it briefly and said “not if the diamond is made into a new ring.” I knew where the question came from and that the diamond had already been taken out of the ring (the gold was melted down and made into something new). I also knew it was a nice diamond (and yes, nicer than anything he could afford on his own). When I look at my beautiful platinum ring (I’ve had the ring for 18 years), I do not feel any bad karma. I know the history of that diamond, from when my MIL’s MIL bought it for her son’s engagement (a whole other twisted story), to my MIL making new jewelry out her ring – a pin with the big diamond, and a necklace with smaller diamond accents. She offered the diamond to my husband even before we started dating, and happily took it out of the pin to hand it down to the next generation. It makes her happy to see it on me.

    I totally understand why you sold your jewelry, Emma, and it sounds like it was the right thing for you to do. For my MIL, who still has bad feelings about her ex-husband/marriage 25 years later (she’s happily remarried) the right decision was to melt down the ring and reuse the parts separately. There’s no universal right answer, only individual ones. This was a great topic for your post and I’m enjoying the other responses.

    • Emma on December 4, 2014 at 12:40 pm

      This is a sweet story, but an anomalous one. Glad your ring has given you and others (including the MIL) joy. For most of us, just sell it already. :)

  21. Linda Thompson on December 3, 2014 at 1:07 pm

    Hi Emma. I love your blog. I too am a divorced single mother. I sold my engagement ring and took my kids on their first cruise last April with the money I made from the ring. I wanted to do something with the money that the kids would enjoy. ..and they did. It was a memorable vacation. This weekend, I am going to Puerto Rico with girlfriends to celebrate a friend’s 50th birthday. I sold a few other pieces of jewelry my ex gave me to fund the trip. I found that the more I rid myself and my home of things that were “ours” or that my ex gave me, the more distance I am able to put between the happy person I am now and the unhappy person I was when I was married to my ex.

    • Emma on December 3, 2014 at 9:39 pm

      I’m loving every single thing you wrote. Some people commented on the FB page about using the stones and redesigning it into another piece of jewelry. Suit yourself, but the center of those “new” pieces is still the old, sentimental gems.

  22. Elizabeth on December 3, 2014 at 12:59 pm

    My final hearing is in 13 days (but whose counting?) I still have mine but have been planning to sell it as soon as the divorce is final. I’m going to pool the money I get for it with the proceeds from the sale of some other items I am getting in the settlement (of considerably more value) to buy a little center console boat that I can use to take my son out fishing and skiing. It’s a beautiful ring, just my style and wonderful, but I am with you, I can’t wait to turn those bad memories it into money (regardless of how little it may bring!)

    • Elizabeth on December 3, 2014 at 1:01 pm

      grammar edit who’s counting ;-)

    • Emma on December 3, 2014 at 9:40 pm

      Sounds great – I have boat envy (and this city girl doesn’t even know what a “center console” is). xx

  23. Allysen on December 2, 2014 at 8:36 pm

    Yes I still have mine. In the bottom of a drawer somewhere. My wedding band is an heirloom of my ex’s family. It was fused to my engagement ring after we were married. While I would have no problem selling my engagement ring, I feel I owe my ex’s family the courtesy of giving them the wedding ring back. But first, I’d have to go through the hassle of finding and paying someone to separate the rings again. Overall, the value of both rings is likely only $1000 total, so this isn’t really on my list of priorities.

    • Emma on December 3, 2014 at 10:35 am

      That all sounds reasonable, including the fact you can’t be bothered :/

      Do put that task on your to-do list through. It will be good for you. xx

  24. Deirdre on December 2, 2014 at 11:01 am

    I threw mine off the top of a mountain I hiked up. Very liberating and a great way to let go of it and some baggage.

    • Emma on December 2, 2014 at 11:03 am

      Haha! Wow – was it monetarily valuable? (just curious)

      • Deirdre on December 2, 2014 at 2:13 pm

        Probably not that valuable, I’m sure I could have gotten money for it but I thought this would bring me more closure.

        • Emma on December 3, 2014 at 10:37 am

          That’s awesome.

        • Gary on February 7, 2016 at 3:08 pm

          Not worth much then because we all now if it had been £10.000 or even just £1000 you would not have done that

    • Anne on July 13, 2015 at 3:43 pm

      I love that! I sold my $425 first engagement ring on Craigslist for $175 and took the money straight to the blackjack table and lost it all. I know how bizzare that sounds, but it felt awesome.

      • Emma on July 14, 2015 at 9:42 am

        LOL, that is fantastic! hahaha

  25. moneystepper on December 2, 2014 at 2:11 am

    I would do the same in your situation.

    However, its probably a good thing to “shop around” rather than going straight to these big businesses. You may find that a local jewelers may offer you a much better price than these companies which often give you a lower price in exchange for the speed and ease of sale.

    • Emma on December 2, 2014 at 7:55 am

      Yes, shop around. But I would recommend a chain business for lower-end jewelry or scraps — jewelers don’t want to deal with it and it may not be worth your time to schlep around to different ones (or pawn shops) for what may be a small sum of money.

      • Hubert on February 11, 2016 at 3:07 pm

        Hi Emma just wanna ask if it’s okay to buy a divorce ring? What’s your opinion…

        • Emma on February 12, 2016 at 3:12 pm

          What is a divorce ring?

    • Susan on December 4, 2014 at 1:00 pm

      When I had some jewelry to sell, I visited three pawn shops in succession. I live in NYC, so they are plentiful. If the first one offered $300, I went to the next one, and said I had an offer for $330. By benchmarking and inflating a bit (assuming that the first offer from each shop was just a negotiation starter), I was able to get 20% more than the initial offer. I didn’t smile or make conversation – just stated with a flat expression the offer and what I wanted. It was surprising fast and easy.

    • Roger on July 16, 2016 at 5:16 pm

      You should always shop around. Your goal is to receive the best value (return) for your diamond pieces. I wold also check out a company named MJ Gabel. I had a large diamond ring they had helped me with.

    • Roger on July 16, 2016 at 5:33 pm

      MJ gabel is BBB accredited and also recommended by several other organizations.
      The experience can be awful if you cannot find the right company to help you. Like I said, MJ Gabel was fabulous.

    • Teri on January 14, 2017 at 6:57 pm

      I don’t see where to post what I’m doing with my rings, so I hope you don’t that I put it here. I’m recently divorced after trying to live in hell after 12 years. The first 5-7 were good. Anyhow, I’ve got to get these rings out of my life. I contacted a jeweler, and he plans to make the solitaire into a pendant necklace. I am going to get a lock box at the bank to store it in and give it to my daughter upon her college graduation. That way, its not in my new home and life. She can wear it or sell it if she needs the money. The band is narrow with small diamonds. The jeweler is making a list of options for me to choose from as far as that. I may just sell it for the little amount that its worth or even trade it for something that I want or can use as another gift for my daughter. I am definitely going to get rid of both. I feel as though they are 100% mine, so if I needed the money from the engagement ring, I would keep it and use it on me. Thankfully I don’t. Anyway, that’s my story.

      • Emma on January 17, 2017 at 10:13 am

        That is a thoughtful thing to do … my only concern is that we don’t know what the value of the diamond will be when your daughter is out of college – they could be worth much more now.

Leave a Comment