Should I Sell My Old Engagement Ring or Not?

An engagement ring happens to be one of the most special pieces of jewelry a woman could own. It does not only come with the value but also with a symbolic meaning. Traditional families used to pass it down from one generation to the next especially to those who adhere to be very traditional and customary beliefs. Selling these engagement rings are said to be a crime or even considered as a mortal sin.

With the difficult times of the world these days some couples do decide to sell their engagement rings to just make life more comfortable, send children to school, or to get a home remodeling project done. Before selling your ring, it would still be subject to debates whether to give it up or just keep it and have it stored in a jewelry case. Provided with an urgent reasons, it is practical to give it up rather than keeping it. Selling your ring would also mean another job could be fixed and that would make each family member more comfortable and less burdened. The question is where can you possibly sell an engagement ring for a reasonable price?

A local jeweler is an easy access to all your ring selling needs. A good jeweler could buy the engagement ring at a good price, then it would be a good deal for the both of you. This could be advantageous when you sell your jewelry to someone near your home, because you could possibly see it again later on down the road. Transactions are a lot easier with the profit at your advantage.

Buy and Sell Online

There are some online websites who buy and sell jewelry these days. These websites offer a greater pay amount because they are up from the competition with other jewelry buyers. Others could even have up to three times the value than your local jeweler. This is just tempting to be able to gain this much profit from a single ring. The process could be a bit tedious though because your diamonds first need to be upraised for proper value provided with the kit. Although they promise very fast transactions, you could possibly have your money in less than twenty four hours when you sell an engagement ring to them.

Online Auction

Posting your items to online buyer and seller websites to have it auctioned are also a good idea. When items are placed under bidding, its value can increase as buyers would usually bid a higher price when they want it badly. This may bring you more money, but it could also take more time to let the potential buyers view it first.

Selling your engagement ring should not be thought of as a crime of tradition. If the reason for selling it could be more beneficial than it has made its purpose extend beyond the expression of love and commitment of couples.

You will be amazed at how much money you can make just by selling old gold. If you have a box full of scrap jewelry, or even just one diamond ring, you should sell it to make cash for the holiday season.

Article Source: http://EzineArticles.com/?expert=Shane_Hester