What to Do with Wedding Ring after Divorce

Engagement rings play a significant role in people’s life. But when the relationship goes down the hill and turns into legal separation, then the same ring turns into a worst nightmare. People find ways to get rid of it or keeping wondering on what to do with it. 

 

So, if you are one of those people who are finding ways to sell your wedding ring, then this blog is just for you.

 

Best Way to Sell Your Wedding Ring after Divorce

 

Looking for where to sell your engagement rings to best jewelry buyer for cash? Sit back and keep reading to gain some important knowledge of what you can do with your wedding ring after the divorce. 

1- Give It Back:

 

Many women choose to return the ring back to the ex after the divorce or breakup. If you weren’t married to your fiancé, then he/she has the legal rights on the ring. Similarly, if you were married and the ring is a family heirloom, then you can give it back as a courtesy. 

 

2- Upgrade the Ring:

 

If you decide to keep the ring, then you can opt to redesign wedding ring after divorce. You can convert the ring into new jewelry as a symbol of a new beginning. Or else you can keep the band of the ring and upgrade the diamond so that the ring looks contemporary and not an obvious sign of commitment.  

3- Sell The Ring For Cash:

 

If you do not wish to keep the ring and even your ex isn’t interested in taking it back, then you can find the best place to sell wedding rings and exchange the ring for cash. The money you receive from the ring can be used as an investment in a new house, a vacation, or even the children’s education. 

 

4- Or Keep It And Pass Down:

 

If none of the above options attract you, then you can keep the ring as a souvenir of the relationship you had with your ex. It isn’t necessary that all the relationships end on a bad note. If your dint either, then keep the ring so that you can pass it down to your children or grandchildren.  

 

Bottom Line

 

It is hard to cope with reality when the relationships are dangling on a thin line. But if you have already survived the separation, it is important that you make the right decision with your ring too. Use either of the options as mentioned above to ensure that the ring is taken care of properly.

Tips for Selling Diamond Rings for Cash

Investment in the diamond rings is made with the intention to use it forever. Some diamond rings are even passed down generations as a family heirloom. 

 

But inevitable situations like financial problems or even trouble in paradise can lead us to search for “Where to sell my old diamond ring” on the internet. Even though buying the jewelry may seem like an easy task, but the other way around is a bit challenging. 

Where Can I Sell My Diamond Ring For Cash?

 

So, here in this blog, we will provide you with easy tips so that you can sell the GIA certified loose diamonds conveniently for cash. 

 

1- Provide An Authentication Certificate:
 

When you go out to sell the Diamond jewelry, the authentication certificate is the first thing the buyer will ask. So, it is better that you establish a certificate from legal gemological labs such as the GIA. This way, the buyer of the gold jewelry will get proper knowledge about the stone. If you want, you can even get the diamond assessed and appraised before selling it. 

 

2- Approach A Jeweler:

 

Not just the distributors, even the jewelers purchase used jewelry from the owners. But, keep in mind Jewelry stores that buy rings are looking for a profitable business. And that means they will try to purchase the diamond from you below the dump-price. So, be sure to never fall for any value that is lower than 40% of the Rapaport value. Always negotiate the first price they tell you. 

3- Sell On Your Own:

 

If you wish, then you can even sell your diamonds on your own. That means you will require sourcing the buyers. You can either put the advertisement for the rings on websites like eBay, craigslist, etc. You can even place ads in the local newspaper. Or else, there is always an option of talking with colleagues, friends, or families to see if anyone is interested.  

 
4- Place It On A Consignment Basis With A Local Jeweler:

 

If selling on your own seems daunting, then you can stay away from the hassle and let the local jeweler help you sell it on a consignment basis. Even though you may require paying service fees, but you can stay away from unnecessary headaches. Plus, consigning the jewelry is the Best place to sell rings as it can offer better profits.

 

Bottom line

 

We know it can be the hardest decision to part your ways with the diamond jewelry that you once relished. However, if selling is the only solution, then use our article as a guide for sell your diamond ring conveniently. 

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