Whether to sell wedding / engagement rings

ellies_angel

I have a friend who took it back to the Jeweller and got the price he paid for it originally to spend on something else in the shop. Maybe worth taking it back to the jeweller you purchased it for. His was a platinum band, very heavy which he paid around £450 for. He took it to his local jeweller in the first instant and was offered £50!!

pretzelnut

I sold my wedding ring on ebay - i just wanted rid of it, to many bad memories, and thought someone else could have good memories with it.

It wasnt an expensive ring so i knew i wouldnt get a lot for it in any of the pawn broker places, but i got a really good price from ebay as buyers like to see it in its original box etc, which these places dont take into account.

I then donated the money i recieved for the ring to the local special care baby unit.

I didnt even want to be financially linked to it, my initial reaction was to just throw it in the river in rage, but i knew it would haunt me and turn up again in X amout of years time.

maggied_2

That's a really nice idea PW.
I'm being rather more mercenary about it - I'm trying to get together a whopping deposit for a house and the fund would benefit from the bump.
I don't have any strong feelings about XH and divorce - we just didn't work out. I really hope wherever he is in the world he has found someone better matched and is happy.

I do have original boxes so I think I'll take them around a few jewellers and gauge how much I'd get. If it's not much I'll hang on to them (they're at my mum and dad's anyway) - if I'm ever desparate for a few hundred quid I'll flog them then!

Pollycat

maggied wrote: »

I'm mulling something over at the moment, especially with the trillions of adverts for selling jewellery on at the moment!

I have an engagement ring and wedding ring but have been divorced for a few years now. The engagment ring I'm not too bothered about - I never especially liked it anyway (that's not supposed to sound as awful as it does!) but I bought the wedding ring myself and paid quite a bit for it. It's a really nice ring and I was going to keep it and maybe hand it down if I ever have children - not as a wedding ring, just as something old that might be worth more then.

So....
1. Is that weird?
2. Is it worth keeping hold of them?
3. Can anyone recommend the best way of going about this?

Ta x

If you like the ring, why not keep it if you don't need the money?

I still have my first engagement ring (I didn't marry the guy) from 1972 and I still like it and wear it occassionally.

I guess it depends how the split up with your ex happened and whether the ring is associated with bad memories.

Mimi_Arc_en_ciel

maggied wrote: »

SW - Mommyme - I've not seen my XH for about 4 years now and he didn't want the engagement ring back. I bought the wedding ring myself.

screw it then - flog it lol i wasnt sure whether the ring was of sentimental value to XH and i know that he probably would have asked for it back if it was but you know what blokes are like lol

chewmylegoff

Horace wrote: »

If you can get to the jewellery quarter in Birmingham you will be able to sell your ring there, they are also more likely to give you some money for the stone as well. The last I heard was that shops in the jewellery quarter are buying old gold for £9.50 an ounce which is more than these postal gold places pay you.

If you bought the wedding ring yourself have it made into something else that you will enjoy wearing that way it will no longer look like a ring.

I presume you meant to say £9.50 a gram, rather than per ounce. even the postal places will give you about £200 per ounce!

maggied_2

CMLO - good job someone's paying attention - I didn't even notice.

MM - if the ring had been from his family or something I would have already given it back - I'm not one of *those* women, thank yer very much

I definitely wouldn't wear either ring again - out of respect for OH as much as anything.

Will have to get my finger out and see what I get offered - I'll post back and let you know!