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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Relationship Over - Engagement ring

121 replies

shitinmyhandsandclap · 04/11/2020 17:05

Recently split with my partner of 15 years, I asked if he wanted the engagement ring back, he doesn't so I've decided to sell it

Anyone done this and can give me some tips or an idea of what I could hope to sell it for - it cost £2k, white gold band with diamonds

Posted here for traffic

OP posts:
roastedsaltedpeanut · 04/11/2020 17:34

Go to an antique dealer. They offer higher prices than diamond specialists.
1.2 carat radiant cut should be at least half of what you paid for. Diamonds holds value better than other precious stones and personally I love the cut.
If I were you I would speak to a few dealers and antique dealers, respectable auction houses to get a feel of how much it’s worth second hand.
Then sell it once the market picks up

BobbinThreadbare123 · 04/11/2020 17:36

I flogged my rings on eBay, post-divorce. No other way of getting much for them beyond scrap metal weight. I was quite happy with the few hundred quid I got; the diamond wasn't big but they were platinum.

Dazedandconfused10 · 04/11/2020 17:37

I believe this is the part where you go on a long journey to mount doom. Then chuck it in when you get there

BobbinThreadbare123 · 04/11/2020 17:39

@Dazedandconfused10 if only New Zealand wasn't stopping foreign visitors...! Grin

SidneyCasing · 04/11/2020 17:39

[quote workhomesleeprepeat]@SidneyCasing really? Break ups are normally at least a tiny bit painful...

I suppose there must be people out there who shake hands and amicably part ways, but I don’t think that’s the norm.[/quote]

Meh. I wasn't suggesting it was the 'norm' - I just said it isn't always heartbreaking. Couples do separate by mutual agreement sometimes. I wasn't saying there is no 'painful' element, but it's not always such a terrible situation that you wouldn't want to keep the ring.

I put mine in the bin and when I met DH I didn't bother with one, or a wedding ring.

GameSetMatch · 04/11/2020 17:41

Roughly £25 per diamond and whatever you can get for the scrap gold weight I’d expect no more than £250 for the ring including diamonds.

TruckinRight · 04/11/2020 17:42

My ex-fiancé also told me to keep it, but I insisted he take it back. His problem.

MuchTooTired · 04/11/2020 17:43

Given the size of the diamond, I’d suggest getting in touch with local jewellers or a jewellery auction house like fellowes.

I got a detailed description on headed paper from my local jewellers for my wedding ring/engagement ring after my divorce and sold it on eBay with a picture showing the write up (and I had a diamond certificate too). Got £700 for the pair which I was quite happy with!

MuchTooTired · 04/11/2020 17:46

Sorry, it’s fellows auctions - fellowes is a paper shredder 😂

SimonJT · 04/11/2020 17:46

Gold prices aren’t too bad at the moment, is it one diamond, does it have paperwork etc?

I kept mine and generally wear it on my right hand, we’re hopefully getting married in April (covid allowing) and I’m going to use it as my wedding ring. I like it and it means I don’t have to pay for a new one, my partner likes it too so we have ordered him a matching one.

Jubaju · 04/11/2020 17:47

I sold mine mine on eBay to a jeweller /dealer. There’s loads of eBay if you have the valuations / details / cut etc

DryRoastPeanut · 04/11/2020 17:48

About a decade ago I was dumped. I took my £1000+ ring to sell, I was offered £90.
I tried to sell it privately and nobody wanted it, they’re kinda deemed unlucky from what I can glean.

I presume you love it, so wear it, hand it on, or save it to give to your friends rat daughter, but don’t expect to get any cash for it.

AlexisIsMySpiritAnimal · 04/11/2020 17:48

@GameSetMatch

Roughly £25 per diamond and whatever you can get for the scrap gold weight I’d expect no more than £250 for the ring including diamonds.

You clearly have no idea or have not read the OPs reply where she said it's a 1.20ct diamond!
She could easily make up to a £1000 if it's a good quality diamond, if it's a great quality diamond (unlikely at Ernest Jones tbh, but you never know!) you could get a lot more.
Honestly, I spend a lot of time looking at/buying jewellery on eBay!!

Whydidimarryhim · 04/11/2020 17:48

Hi OP get a couple of local jewellers valuation and maybe go to antiques dealer or Hatton garden if your in London. Be careful people offering to buy it from you here but I’m sure your aware of that.
I’ve still got mine - it’s a very good quality diamond and the stone was verified by the jeweller.

Good luck.

DryRoastPeanut · 04/11/2020 17:49

first born not friends rat!

orangenasturtium · 04/11/2020 17:49

@workhomesleeprepeat

Don’t understand all these posters wanting to keep the ring and wear it (even if on another hand) once the engagement is over Confused

Why do you want such a sparkly reminder of heartbreak??

Maybe OP called off the engagement and is entirely happy with her decision? I would assume that, or it was a mutual decision, if she offered to give the ring back.
Valkadin · 04/11/2020 17:50

I have sold two engagement rings, heartless monster that I am. One just ended up probably going in a Sainsbury’s shop as it was when I was a student at uni. The other amount was donated to charity as I wanted nothing of him. Sadly you get very little for them.

SidneyCasing I admire your style.

One of my ex work colleagues set fire to her wedding dress the day her divorce came through. There was something amazing about her primal levels of rage, she said it sort of released the demons. She was always quite dramatic overall.

Aparttogether · 04/11/2020 17:52

I got £42 for mine.

Mycatslovedreamies · 04/11/2020 17:54

A 1.2 ct diamond has got to be worth something. Even if you bought the diamond wholesale and had it made (as opposed to buying a "Brand") it would cost you around £5-7K depending on the clarity and colour. I would get in touch with a jeweller specialising in diamonds as they hold their value much in the same way as gold. If you decide not to sell it, and it doesn't hold too many painful memories then you could also have it made into a pendant for a necklace?

vanillandhoney · 04/11/2020 17:57

@workhomesleeprepeat

Don’t understand all these posters wanting to keep the ring and wear it (even if on another hand) once the engagement is over Confused

Why do you want such a sparkly reminder of heartbreak??

Not all break-ups end up in heartbreak.
Wiredforsound · 04/11/2020 17:57

I tried wearing mine on my right hand but it jus looked like I was wearing my engagement ring on the wrong hand and it felt a bit sad.

Purplecatshopaholic · 04/11/2020 17:58

I kept mine and wear it on my right hand (beautiful sapphire and diamonds)

Scoobydoobydo · 04/11/2020 17:58

People are weird!

Risky selling on EBay something of such value.

I would approach a second hand jewellers who may sell it on your behalf for a commission

If it’s a decent stone and in damaged you should get a fair price

Housecar · 04/11/2020 17:58

Why do they depreciate in value so quickly? If it’s a quality diamond why wouldn’t it hold its value?

Scoobydoobydo · 04/11/2020 17:59

Undamaged !!