Last Updated on October 20, 2021 by Meghan
Reasons to Sell Your Engagement Ring After Divorce
Are you finally ready to move on? Well, throwing away your marriage to be a single mom can be devastating. But sometimes it is the right thing to do. One way to do this is by selling your engagement diamond ring after divorce. Of course, you will find it difficult to let go of your jewelry. But you know what? Once you stop thinking about how valuable your gold ring or diamond ring is, it will get a lot easier. Why should you sell your engagement ring after divorce? Keep reading this article and find out why people opt to do so…
What crosses your mind when you have a look at your old ring? Of course, you are likely to remember the good times, and whatever it is that made you so angry. Having something tangible to remind you of a broken marriage could be so upsetting in ways you can’t imagine. Selling your engagement ring allows you to accept the situation and move on from your past.
Starting a new life as a single mom once you’ve separated can be challenging. Selling that engagement ring gives you a chance to start over financially. Make use of the extra cash you receive from selling your engagement ring to invest in yourself. Whether you need more cash for doing your hair, adding some clothes to your wardrobe, or adding some value to your career by doing something extra. You can also use the money to invest in something else other than yourself. Whether you decide to invest the money in buying a new house or a car, that’s really up to you. Why not turn that valuable diamond or gold ring of yours into something you will cherish for a long time? Selling your engagement ring allows you to start over.
To Save Money
You are more likely to find it difficult to save money after divorce, especially if your income is somehow less disposable. Why not seek financial stability by selling your engagement ring? Start saving from that. And of course, you will need to be careful once you have decided to start saving. Set a separate account, exclusively for your savings. You will need this money in the future once you become a full-time single mom with some kids under your care.
To Help Someone Else
While selling your engagement ring benefits you financially, it gives someone else a chance to love and appreciate owning it. Someone may just meet the type pf ring they have been looking for. So, it is okay to put your ring back into the market place for someone else to also benefit as you boost your own pockets.
How Can You Sell Your Engagement Ring After Divorce?
Well, whichever reason is making you sell your engagement ring after divorce, doing this also helps you close a chapter of your life that you rather leave in the past. Of course, once you have decided to sell a ring from your previous marriage, you’d want the process to be as simple as possible but also convenient. How much your ring will cost can be influenced by several factors, which is why it is advisable to sell it to someone you can trust. Someone with industry connections, who truly understands the nature of the business.
Once you have decided to sell your engagement ring, ensure you conduct a thorough research about the nature of the industry, and the current prices. Don’t commit to the first selling option you come across. No! Make sure you wait and see if there are other options you can explore and chose something you are sure will work best for you.
Where to Sell Your Engagement Ring After Divorce
Have you tried selling to jeweler in your location? Well, this is the place you should think of first. Look for a jeweler you can trust. While this could be the best choice in terms of quality, keep in mind that you may end up paying a higher commission because it is less competitive compared to online buyers. You can also sell your diamond engagement ring in pawn shops but be sure to pay very high commissions. You can as well, sell your ring to online buyers.
How To Sell Your Diamond Engagement Ring
- Visit an online buyer or a jewelry shop near you
- Provide your personal details, including your name and email address. You also need to enter other information regarding your diamond ring, including – the color, size, and grade if you go for online option.
- The buyer will propose an estimated market value of your diamond ring.
- Agree on the lowest price you can accept for your ring.
- Get an offer on receipt of your item.
- Receive payment within 24 hours once you have confirmed the sales.