What to do with your ring after a divorce
Gold is precious. When a man presents a woman with a gold engagement ring, he is making a lifetime commitment to honor and love, forsaking all others. In real life this isn’t true. Bad things happen, people stray and violate their wedding vows. Forever, does seem like a long time. The thing with marriages these days is that fails more often than it succeeds. If you want to bail, do that but don’t hold on to jewellery that has lost its significance. You should divorce your jewelry and get cash for gold engagement jewellery. You don’t need it anymore and all it does is remind you of your failures and bad decisions. When you sell your unwanted gold you can use the money to buy something useful.
How much can you get for your wedding ring?
It depends on the purity of the gold and it’s weight. Gold buyers will give you a quote based on the gold content, not so much for the stones in your ring. There are cash for gold businesses that will offer you a price for the diamonds in your ring. So, the kind of gold buyer you go to will determine what you are likely to get for your ring. There are buyers who buy gold only to sell it to refineries. These buyers generally buy gold in any condition. Then there are gold buyers who buy jewellery to resell as second-hand goods. These will factor in the condition of your ring into the price that quote.
“We buy gold for cash signs have been popping up everywhere”. Some businesses have been in the industry for years and are well known. Other businesses set temporary kiosks at local malls and of course Pawnshops are a great place to sell your gold for quick cash.
Cash for gold businesses have become more popular now with the current global economic meltdown caused by COVID. People are finding it harder to get from one month to the next because a lot of businesses operate under strict social distancing regulations that adversely affect the bottom line. Companies have had to lay staff off and self employed entrepreneurs are simply hanging on by a thread.
There had always been a need for such gold buyers. They are helpful when you find yourself in a situation where you need cash quickly. They are a better alternative to payday loan providers who charge astronomical interest rates that may land you in a never-ending cycle of debt. The best thing you can do for yourself is to sell the jewellery you no longer need.
The point of wearing jewellery is to look good. Jewellery goes out of fashion very quickly and that family heirloom that has been passed down from one bride to another might not look good on you. When a marriage ends, and in the division of assets you end up with a ring, you might want to consider whether it’s a piece of jewellery that looks good on you or not. Selling it is the practical thing to do, otherwise it is just an ugly piece of jewellery just takes up space.
Sometimes, jewellery gets old, especially jewellery you wear all the time. Wedding rings are worn all the time and never taken off, so they lose their luster, get scratched and dented. Imagine what a ring you have worn all day, every day for years will not look great at all even if you have it cleaned. Just because your ring is old and is attached to a painful past does not mean you should discard it. You can sell your gold as it is and get cash to get something else you may need.
Selling gold jewellery is easy. Cash for gold businesses are every where. There are brick-and-mortar places you can go to, you can even sell your gold online.