It was a beautiful September, Saturday ten years ago. The weather was perfect. Not too hot and not too cold. She was all situated in her breathtaking wedding dress, hair perfectly in place, and lips aglow ready for the first kiss as husband and wife.
There he was dressed in his dark gray tuxedo. With a smile on his face as she slowly walked down the petal lined aisle with the little ring bearer behind, carrying the two perfectly matched wedding rings.
As they shared their personal wedding vows, they each placed the gold bands on each others left hand fingers with the words, “with this ring I thee wed.” She smiled as she saw how elegant her gold band nestled up against her diamond engagement ring. She was awestruck.
She had a fleeting thought about when he first proposed to her, and there attached to a light pink helium balloon was the engagement ring any girl would die for. She thought about how he must have felt when he went to the jewelry store and picked it out. She smiled. Off to new beginnings.
And then…
Ten short years later, the young couple filed for divorce. They had grown apart. They had fought about money, travel, and having children. What once seemed like a match made in heaven had now come to an end.
As she began cleaning up her apartment and putting away her things, she came across the wedding ring she had tucked away in her jewelry box when she agreed to a divorce. She had though about wearing it on her right hand, but that seemed weird. She loved the ring, but didn’t want the memory of her marriage that had ended as quickly as it started.
Their marriage wasn’t a story book event. It was now time to start a new chapter, and the first thing to do was decide what to do with her wedding ring and engagement ring. She also kept his wedding band because he didn’t like it. She wanted to do what makes sense, but she was open to ideas.
Her family said selling was the best thing. Some people told her to have her wedding sets made into new jewelry she wanted to wear, like a necklace. Another person suggested taking the stones out of the beautiful piece and saving them for later time. The diamonds could be used to create a family heirloom. She and her former spouse didn’t have children, so she was so concerned about an heirloom.
She knew she could sell it for scrap value, but that didn’t seem right, nor would it provide her with enough money. She didn’t have a sentimental value associated with the rings but wanted to do the right thing.
Options of what to do with a wedding ring after a divorce or breakup
Sell Online
Diamonds are valuable, and a quality pre owned diamond engagement ring can bring a good offer. If you have your original paperwork, including a GIA certification, you will receive more money for your wedding set and diamond engagement ring. The value won’t be what you originally paid at a brick and mortar store, because jewelry stores have a substantial mark up.
Selling online requires you mail in your ring to the online dealer. It may be important to insure your rings based on the value or insurance appraisals, so if it gets lost, you don’t lose money.
Once the business receives your ring, they will make you an offer, and you can decide if you want to take the offer.
Online Marketplaces and eBay
Depending on the rings and the original value, carat weight, and how old it is, you may be able to sell the rings directly to someone via the online marketplaces or eBay. There may be some challenges waiting for bids or payment, and you may have to send the ring to the buyer.
Continue wearing
You may like your ring so much you decide to continue wearing it. You may have sentimental value attached to the ring, particularly if the ring was an old ring from your family or one handed down from a family member. You could consider wearing it on your right hand if your marriage ended relatively amicably, and want to be reminded of your continued friendship with your ex.
Repurposings
Some women decide it is a good idea to repurpose their engagement ring after a divorce. If you decide to do this, it may give you the opportunity to reclaim your personal style and individuality following your divorce. Choosing this option might bring you new energy and leave you feeling positive about your future. A new design may reflect your new direction and strength and the new energy you have that will help you leap into the next chapter in your life.
Holding on to the ring after divorce
Some people don’t want a reminder of a divorce or marriage they never planned to end. But starting a new life, you may decide keeping your wedding rings makes the most sense until you are ready to make a non emotional decision about them.
You can place them securely in a jewelry box. After a divorce, you may decide to dispose of them or give them away as a gift. There are no right or wrong answers.
Selling to Pawn Shops
Divorced women and men get about 40 to 75% of their wedding rings original value. This is because most people buy rings from a brick and mortar store with a huge mark up. Some research shows that a new ring purchased at a jewelry store can be marked up as high as 300%.
A pawn shop may be the perfect option to dispose of the wedding set you have. Pawn shops are in the market to buy and loan against diamonds, gold, silver, diamond wedding sets, engagement rings, scrap gold, divorce diamonds, a diamond necklace, and other fine jewelry.
Depending on the market value of the jewelry, pawn shops will offer to write up a short-term loan against the jewelry. A pawn loan is a great way to get money for your valuables when you don’t want to lose your items. Once the loan is paid in full, your items are returned.
If you decide to sell your rings, your jewelry will be tested and an offer will be made based on their current market value. You can leave with cash and leave your rings behind.
You get to decide what to do. You may want to decide to have the stones removed and save the to make a pendant later or a necklace you design. You can sell the precious metal the stones are set in, keep the gems or diamonds.
In the world there is divorce and dispose of the wedding bands, and the diamond engagement ring is part of the marital property. A pawn shop can help.
Beach Loan Services Pawn Shop
If lawyers and long court battles sucked your savings dry while trying to get divorced, or you simply want to start new by selling your wedding ring, Beach Loan Services Pawn Shop can help.
As a reputable pawn shop, they are a place where you can sell the ring you received on your wedding day, and use the money to kickstart the new chapter in your life.
Established in 2001, the shop has undergone phenomenal growth over the years under the guidance of Mr. Joe. The shop is based in a sparkling 3000 sq.ft building. Joe started working in the pawn industry in 1987 & has a tremendous experience of over 32 years.
Beach Loan Services Pawn Shop offers a full pawn shop experience. They will buy, sell, and loan against your valuable items. They accept luxury items like gold, silver, precious metals, designer watches, and luxury handbags. They have an online shop with affordable prices.