What do you do with old engagement rings?
There’s no consensus when it comes handling wedding rings post divorce, though there are some options that come up again and again.
- Donate it. The woman in our original piece, Jordana Horn, sold her wedding band and gave the proceeds to charity.
- Return it.
- Repurpose it.
- Sell it.
- Throw it away.
Where can I sell old rings?
Selling your jewelry in person to a local shop may still be the best way to get the most money out of it. Here, too, you have lots of options, including coin shops, pawnshops, consignment shops and jewelers. The American Gem Society provides a list of local jewelers who buy jewelry.
Where can I sell my engagement ring for the most money?
The best place to sell your engagement ring
|1||Diamond specialist||$2,300 – $2,500|
|2||Local jeweler||$1,500 – $2,000|
|4||‘We buy gold’ store||$1,300 – $1,500|
2 more rows
How do I sell my engagement ring?
To help unravel the mysteries of diamond selling, here are four tips to consider before hocking your stone.
- Know what you’ve got. Just because Granny said her old diamond ring was valuable doesn’t make it so.
- Set a realistic price.
- Investigate your selling options.
- Be emotionally ready to sell.