To sell my nans ring(passed on to me) to fund a much needed holiday?

[happyandsingle]

Basically this.Have an old diamond ring passed down from my mum it was originally my nans.
Have worn it for years but basically it only fits on one finger(that I think is meant to be the engagement finger or so I've been told) and I am most definitely single!.
It's a nice ring but my dilemma is I'm desperate for a holiday abroad next year for me and my dd.
It's been a shit couple of years and I've had one holiday in ten years paid for by my mum.
I could save but basically on my budget it would be very tight and would mean sacrificing a lot.
My idea was to pawn the ring to get the money for the holiday. I would probably feel guilty but on the other hand I'm sure if my nan was alive she would want me to make the most of it.
My AIBU is do you feel it's a bad thing to do as it was passed down to me? And will I feel guilty after?

it's an antique piece

Unlikely to make a difference I'm afraid, unless there's something utterly unique about it. "Antique" means little when you consider the stone's already millions of years old ...

Actually OP’s dilemma is one reason I hope I get sufficient warning of my impending death so I can sell my treasured jewellery myself (and destroy things I value but no-one else would) so DS isnt faced with this problem. PS I’d ask him first

I inherited my mum’s engagement ring. She’d had it valued at £7.5k 30 years ago. I recently had it valued again and it’s worth exactly the same. The diamonds are hand cut which I imagine your Nan’s would be as well - they are apparently worth less than machine cut ones.

i'd sell on the facts you have told us, i'm sentimental but not to keep stuff for years that my dc will eventually put to charity / house clearance or more likely into a skip.

No absolutely not. It was given to you as a sentimental treasure. Nobody NEEDS a holiday

of course we do. What's the point of life if you only survive, work to pay the bills and repeat until you die.

If someone is that sentimental about a ring, they'd ask to be buried with it. (they shouldn't as it will get stolen, but they still do).

It would be a shame to waste it, but it's an object. People are more important than objects, at least your own family members are!

If I had bought a ring and thought at some point my family could have fun with the money rather than sit on someone's hand, I'd be thrilled. I admired it in my lifetime and would hope my family enjoys it in theirs.

I wouldn't, I'd probably regret it. You probably wouldn't get much for it.

I sold my engagement and wedding ring (felt good) but that's totally different. Think I got 130 for both and that was 7 years ago.

I would keep hold of it, then you've got something to keep in her memory.

Sell it if you like OP - I just don't want you to get ripped off by a pawn place.

You do sound like you need a break.

personally i would sell it too :)

I've given jewellery to both my daughters - it's up to them whether they sell it or not, it's no longer mine. However I know DD2 won't sell because of sentimental value.

As PP's have said get the ring valued and make an informed decision afterwards.

Sell it and use the money to enjoy life with your daughter.

If you decide to sell it, can I suggest if you have any cousins or other relatives (descended from your Nan) you offer them first refusal.
My aunt, as my grandmothers only daughter, inherited her charm bracelet. She later sold it and I would have loved the opportunity to buy it but didn’t know she was selling.

Be prepared to get very little for it unless they are very high quality stones, if you idea of a holiday is a weekend break in Skeggy.

I inherited two watches from my aunt, a Cartier and a Rolex, but both came with boxes and paperwork and I like them so would never sell them, but realistically old rings like this won't fetch much.

I do lots of overtime already but have had some really bad health problems this year which has led to some bad depression hence really needing a break.

Life's for living OP, not hoarding objects.

Go on holiday OP, relax and enjoy it!

Jeez, there are some right pricks about today. OP isn't suggesting selling your ring, it's hers to do what she want with! Her nan is dead, so has no further use for the ring, and OP says she doesn't wear it. What on earth is the point in prioritising an object that lives in a drawer over a holiday that OP and her DD clearly are in need of?

I've got a few really nice bits of jewellery, which I'll leave to family in my will with strict instructions that if they don't want to wear it they're free to sell it. I'll be dead, I'd rather my family prioritise their mental health and making memories than seeking to somehow appease my spirit by hanging on to a bit of carbon and metal they neither want nor use.

Have you asked your daughter what she thinks? some people are sentimental about these things some are not. Explain to her the sentiment and meaning of the ring. If she is happy to not have the ring sell it but if she wants it keep it for when she is older

I inherited my mum’s engagement ring. She’d had it valued at £7.5k 30 years ago. I recently had it valued again and it’s worth exactly the same. The diamonds are hand cut which I imagine your Nan’s would be as well - they are apparently worth less than machine cut ones

Valuation is not the same as the price you would get for it selling it second hand .

The thing is, getting fixated on a 'break' being the only way to solve things and totally necessary is that the ring's probably not worth very much.

The only thing I would say OP, is after you have your holiday be prepared for the guilty feelings to creep in

I second this. Holidays aren't always what you're hoping for and funding it in this way may place a burden of expectation on it.

I sold a sovereign that my gran had given to my mum in order to fund a flight to go and see my mum when she was ill. It seemed an appropriate use for it and the whole point of it was to provide some gold that could be used for emergency funds.

I would just get a valuation OP - and you don't have to be an expert to know that 2nd hand jewellery does not sell for much. Then I'd work out if there is anything else you could sell for a similar amount. But in the end it's a thing. You can record it with photographs, talk it through with your daughter and decide what you want to do. There's no harm in selling a material object, just go into it with enough information.

100% sell it. No point hanging onto a hunk of metal and carbon when the owner isn't even aware you're doing it. Sorry if that sounds blunt but life's too short - do what you've got to do and go have some fun!

Sell it and enjoy your holiday!

Op people going on about guilt here, it only boils down to obligation. You hardly knew her and weren't close. So most likely your dd wont either. What's the point of hoarding it and passing it on when it becomes less sentimental down the line. If it's going to help you right now, then sell it and use the money. You would only be keeping it out of guilt and obligation rather than fondness and good memories.

Why would so many people keep the ring? I wouldn't come back and haunt my granddaughter if she sold my ring. I'd find it difficult to sell my own ring before I died to give inheritance as cash as it means a lot to me but I'd have no qualms with gifting it to a relative after I pop my clogs with no small print to say they must value it as much as I did. I'd sell it if it has no sentimental value to you (make sure other relatives don't want first dibs though) and enjoy a holiday.

I’d sell it unless you’ll miss wearing it. It’s only stuff. What if your DD sold it when you’re gone, you’ll have missed out on having a holiday together.

I'm saying it again OP choose living over something in a drawer.

All the PP saying you won't get "much".
Much is a really relative term! Huge presumption s. Not much to you maybe but how much to OP?