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You are here: Home / Money Matters / Are You Ready To Sell Your Engagement Ring? Tips To Help You Decide

Are You Ready To Sell Your Engagement Ring? Tips To Help You Decide

August 15, 2016 By Mandy Walker

Are You Ready To Sell Your Engagement Ring?

Parting with all your wedding memorabilia after divorce is a process. It doesn’t happen suddenly and it doesn’t usually happen all at once. One weekend it might be the wedding photos, another weekend it might be the cards and letters and at another time it’ll be your dress. Parting with your wedding jewelry can be the most complicated part of the process because in addition to all the emotional attachment, there’s often monetary value. So how will you know it’s time to sell your diamond?

You’ll Never Reconcile

Sometimes, your engagement ring becomes a symbol of hope. As long as you still have it, there’s a chance that you and your ex could rekindle what was. Putting your ring back on would be part of making “me” into “we” again. But what about when it dawns on you that you like your new life or that you wouldn’t want to reconcile even if your ex begged you? That feeling is a sign that you could sell your diamond without regret.

You Hate Your Ring

Do you ever find yourself putting on your ring, gazing at it, enjoying its beauty or do you look at it and think,

“What was I thinking?”

“What on earth made him think I would like this?”

“I never liked this!”

If it’s still a thing of beauty to you, hold on to it. Maybe one day you’ll be ready to have it reset and then you’ll wear it again. On the other hand, if you can’t put it away quick enough, then it’s like any other item that’s cluttering up your home. There simply is no point in holding on to it. Time to pack it up and send it on its way.

You Don’t Want To Even Touch Your Ring

selling your engagement ring | divorce support | Since My DivorceWhile ending a marriage is always difficult, some endings are definitely messier than others. Some endings leave lasting scars of bitterness and resentment, incredulity that the person you gave your heart to could hurt you so badly. The scars are so sensitive that even the thought of your ring touching your skin again opens the wounds. Pain like this isn’t going to go away even if you have your precious stone reset into a setting of your choosing. The stone will always trigger your memories of his actions, his words and his choices. So you can shut away your ring in a dark corner of your closet and try to forget about it until you stumble on it again or you can send it on its way with a symbolic ritual to help heal to your scars.

You Could Really Do With Some Money

Most engagement rings have value but your ring may just as well be a child’s plastic toy if it’s sitting in your jewelry box while you’re struggling to pay your grocery bills or need to get your car repaired or really just need a getaway. Ask yourself, would your ring bring you more joy if it stayed in your jewelry box or if it helped ease your financial stress?

If your rational self is telling you that selling it would be smart but your emotional self is saying you shouldn’t, listen carefully to that emotional self. Are you sure it isn’t the inner critic that many of us have? The one that so often whispers we’re not enough? Is your inner critic telling you, you wouldn’t need to sell the ring if you were smarter, worked harder, or were more frugal? Your inner critic is not your friend. It’s not serving you and it’s time send it on its way.

Once you’re emotionally ready to let go of your ring, the process of selling your ring can seem daunting. However, Worthy is a great place you can go to sell your ring with confidence and security.

How It Works

selling your engagement ring | Since My Divorce | divorce supportYou go to Worthy, enter the information about your diamond ring, including size and grade of the center stone, your name and email. They will email you an estimated market value for your piece. If that price suits you, Worthy will send you a mailer, in which you send the ring to them.  Worthy pays for all shipping and insures the item for up to $1 million.

You then agree on a “reserve price,” or the lowest price you are willing to accept, working along with the Worthy experts.  Next, they put your item up to at least 100 potential buyers worldwide, who can then bid on your item. Worthy promises to have an offer within 7 days of receiving your item, and deposit your profits within 24 hours. Worthy takes up to 20 percent of the sale price. They are very transparent: If they don’t sell your item for at least the reserve price, they return it to you, free of charge, no questions asked

P.S. If you’re still struggling to let go of some your wedding memorabilia, ask yourself what it is about the items that still draws you. Be quiet and really listen to your inner voice because it could be for a reason completely unrelated to your marriage and your ex.

I was married in 1990, have been divorced since 2007 and I still have a box of mementos from my wedding. I’ve looked through the box several times but have never been able to part with it.

I couldn’t understand why until I was talking about this with my Meetup group. After our meetup, it came to me. My wedding was the last time I saw my mum. She died very suddenly and unexpectedly about six months later. She was in England while I was in the U.S. There was no opportunity to say goodbye and that still hurts. That box is more about my grieving the loss of my mum than anything to do with my marriage and knowing that helps. Knowing that means there’s no pressure to part with the box.

Worthy is dedicated to providing sellers and buyers with that ultimate win-win. Everyday they bring together buyers and sellers with their luxury auction marketplace. Worthy is led by the very best in the luxury goods market and they work together to bring you the fairest market value for your valuable items while providing stellar service driven by transparency, integrity, privacy and convenience.

This is a sponsored post on behalf of Worthy.com. Some of the links in this and other posts are affiliate links and may generate a commission as disclosed here. The products I represent as an affiliate are products which I truly believe may be beneficial and helpful to my readers.

Filed Under: Money Matters

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