What to do with your engagement ring?

[Gogglepox]

Although I have ended our marriage and am happier on my own (because my H was EA) , I cannot seem to part with my engagement ring. Granted it is beautiful and rather expensive. I had thought it was best to keep it for my daughters (like my wedding dress) but if it was a failed marriage, does it make it less coveted as a reminder of a failure or a reminder of the foundations that our children were born? I would never wear it again (but have toyed with making it into a necklace) but I could also sell it and make about 25k. My H thinks I should sell it and use the cash and that I am being overly sentimental for something our girls may not want (or just sell themselves). Thoughts?

Kate seems happy with Diana's 'failed marriage' ring.

Keep it and think about it. There's no rush.

good point!!!!!

How will you decide which dd has the ring?

No idea. There is other jewellery (rings, earrings) but the engagement ring is the biggest single value.

I plan to have mine made into a dress ring. I have 3 lovely diamonds in mine and will add to them to create something I can wear every day on my right hand without it looking like a dead engagement ring.

I was fortunate my engagement ring was stolen. I now know that when I went to pond the insurance money ExH was already having his affair. He was totally disinterested in the choice I made.
I bought at auction, choose well, got good quality old diamonds my 'divorce' ring is on insurance valuation a massive up grade on the original. I wear it on my right hand and love it to bits.

I'm having mine melted down with my wedding ring & made into 2 necklace pendants for the DC to use themselves or give their partners/spouses.

I was engaged and the relationship broke down (thankfully) before we had any children together or got round to getting married.

I sold it and used the money for spending on DS and I's first holiday. It wasn't a fraction of the value yours is though, could you sell it and split the money between your daughters or have it melted down or split into a piece of jewellery each for them?

25k wow.

I would sell it, put a chunk into pensions / child trust funds etc for my DCs and maybe buy them each a charm bracelet that could be added to over the years.

I'd sell it and use it for a fabulous holiday for you and your DDs.

Mine sits in a box, sadly it is only worth a tiny fraction of yours - not that I'm money grabbing. I got £200 for my wedding dress though but that went towards my legal bills

I wear my wedding ring when I travel abroad. It keeps optimists at bay in the more conservative countries!

As you have more than one child with your EX and it's worth a bit I'd sell it and split the money into fixed term isas for the kids.

Just to add if you have more than one daughter, only one will benefit if you keep it as a ring. If there are enough stones you could get it made into a piece of jewellry for each.............

i would totally flog it.

allow yourself an amount to go wild in the aisles somewhere whilst slugging champagne.

the bulk of it be sensible and shove somewhere for the future.

I would advise as others have done. Sell it, and put the money into accounts for your children.

You can then give them whatever money has accumulated over the years as a contribution towards either their wedding, or a house when they turn 30/get married.

I'm wearing mine, on 'that' finger at tho mo. Its so pretty. Ex is long dead so it doesn't have the same power iyswim. I assume your ring is actually worth apprix£75k because you'll only get about a third of its value if you sell. Tis why I've never sold mine.

Sell it and invest the money (e.g. pension, invest if for Dds).

Wow! at £25K, I would definitely sell it, and invest the money for the dc (if you didn't need it now).

Unless you needed the cash, I'd keep it and ask my DDs (or should it be sons?) when they were older.

If you have more than one, perhaps it wouldn't be fair on them, though, and I'd just sell it.

As others have said it's massively unfair to give it to one child. I'd either sell it & invest or have it made into something you could give to each of the children.