Selling an engagement ring

Guest101

Slinky wrote: »

The reality is since it was a gift, the lady was perfectly legally entitled to keep it, so anything he gets is a bonus.

It's not a gift?!

If she'd said no when asked the question, would she be keeping the ring?!

dwtmahdc

Guest101 wrote: »

It's not a gift?!

If she'd said no when asked the question, would she be keeping the ring?!

there's legislation that says she's allowed to keep it unless it was explicitly agreed that if they break up she gives it back.
(which would end up being a less than romantic proposal...)

dwtmahdc

cashewnut wrote: »

I thought most suppliers were just paid a deposit, with the full amount due a few weeks before the wedding?

yep, and yep...

not a pleasant situation...

roses

SandC wrote: »

(let's face it would you want your fiance buying you a second hand ring?).

Haha, I insisted my husband bought my ring off ebay! There is no way I wanted him to spend thousands on a ring when we could buy it for a fraction of the price and it would look the same.

He ended up paying £1,500 for a 1 carat platinum ring that was valued by a jeweler shop at £6,250

DandelionPatrol

Guest101 wrote: »

It's not a gift?!

If she'd said no when asked the question, would she be keeping the ring?!

"Will you marry me?"
"No!"
Ring does not get handed over.

C_Mababejive

I think all things considered, he should put the ring away. Another lady may come along

gayleygoo

SandC wrote: »

I would suggest he keeps it and at some point in the future he could have it made into something else. I get that it's a raw time and he just wants rid but as everyone has said, second hand jewellry, especially engagement and wedding rings, don't fetch anything like their value (let's face it would you want your fiance buying you a second hand ring?).

Best put it away somewhere, concentrate on getting his head back and look at it when there's less emotion involved.

I would have no problem with a second hand ring, I get weak at the knees thinking about the cost of engagement rings :eek: (maybe it's just as well that OH has no interest in getting married), so one that has been preloved would be fine with me, and I wouldn't be superstitious about it.

However, a ring that used to be on an ex's finger? Nope, that's a bit weird!

Jewelers put a high profit margin on their wares, so the ring is probably barely worth half of what was paid. Hopefully your friend gets something for it though and can move on.

KRB2725

I would have no problem at all with a second hand ring - I prefer them as you get far more ring for your money. However, there is no way I would ever wear a ring that my husband had used to propose to someone else with.

Guest101

dwtmahdc wrote: »

there's legislation that says she's allowed to keep it unless it was explicitly agreed that if they break up she gives it back.
(which would end up being a less than romantic proposal...)

Exactly.

I think it's fairly usual for the ring to be returned.

Even if the law says it's a gift. Really it's an offer of marriage, if that doesnt happen, the ring should be returned.

But since that's my moral stance, others are free to disagree.

GBNI

C_Mababejive wrote: »

I think all things considered, he should put the ring away. Another lady may come along

I can just imagine how well that would go down if the new lady found out it was originally purchased for someone else! :rotfl: