📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Real life MMD: Should she sell a family heirloom?

Options
135

Comments

  • Is granny dead? Not clear from the initial description. If she is dead, do you think she would have helped you out financially if she could? If the answer is yes, then sell the rings and don't feel guilty about it. If the answer is no, then sell the rings and don't feel guilty about it at all.

    If you loved your granny and want to keep a memento of her, keep the ring that you like the best, wear it, and in doing so thank her for helping you out beyond the grave.
  • If they have been in the wardrobe all that time, you may as well dispose of them. I think getting them valued is good advice, that will help you decide. Could you sell them to family members, thus keeping them in the family and avoiding guilt?
  • yes, you should sell, and now i think is the right time. gold is selling at a high price, what i would suggest is removing any gem stones out of the rings and just selling the gold, really that is all the buyers are interested in, then you could have the stones reset at a later date into jewellery. we have recently sold some gold jewellery and a lot of the buyers said they didnt want the stones although they were diamonds. do not send your rings off by post, do what we did just go into your shopping center and go in all the jewellery shops and ask would they be interested in buying your things, go round a lot and go for the best price, you may even find a jeweller that will buy complete with stones at a good price. we were amazed at the price we got for 2 rings. as for feeling guilty ,dont my mum left my daughter all her jewellery and left a little note with it saying if my daughter ever came across hard times then get what she could for it and she hoped it would help out with her life in the future.
    I am sure your nanna would have wanted the same for you and your family. hope this helps
  • ebayqueen_2
    ebayqueen_2 Posts: 1,175 Forumite
    I think it would be a good idea to sell 2 of these and keep the 3rd. It will help her financially and also she will still have a ring belonging to granny. We can't eat gold and when we die it still remains!!!
    "You are never too old to set another goal or to dream a new dream" :) C. S. Lewis
  • Gillsx
    Gillsx Posts: 56 Forumite
    You need to make sure no one else the the family would like them as I would be gutted if a family member sold a family heirloom and I ddin't have a chance to have it if it meant something to me. Otherwise, why not sell it. If you won't miss it then why hold onto it.
  • troubrs
    troubrs Posts: 112 Forumite
    Part of the Furniture Combo Breaker Mortgage-free Glee!
    I sold some scrap gold recently and with the proceeds treated myself to a secondhand diamond & ruby ring - I had always wanted a ruby ring! I've loved it & worn it ever since & often wonder what the story was behind it. So I say sell it, someone else might give it a second life, & you get the money so desperately needed!
  • Do not sell Family Heirloom. Secondhand jewellery fetches very little cash and will make almost no difference to your financial predicament. At some point in the future you will regret selling.
  • Granny would prefer that you sold them - to a reputable jeweller that gives a good price, not a con artist - do not go to "Gold Arts" in Brighton/Eastbourne - so that you have money when needed rather than just keeping her old jewellery in a wardrobe!
  • Personally I would tell the rest of the family what I was considering doing then give them the opportunity to buy the rings from me, thus keeping them in the family. Yes gold prices are at an all time high, but if the money you get from selling the rings will not make a real difference to your situation then you need to be sure you will not regret it later.
  • Fujiko
    Fujiko Posts: 150 Forumite
    Call me sentimental or a fool - or both - but I would have to be starving and expecting the bailiffs at any minute before I would even consider parting with my mother's or grandmother's wedding rings which I wear every day, or my mother's engagement ring which has a special meaning because it had to be pawned back in the thirties during the last Great Depression and she only just managed to retrieve it at the last minute. I feel sorry for the dilemma this woman is facing but wonder why she is getting no support from her ex for the children? So my advice would be - don't sell, you will surely regret it if you do. I hope you will find another way to solve your problems and do wish you well.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.