Thinking of Selling Your Engagement Ring After Divorce?


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By Jackie Pilossoph, Divorced Girl Smiling Editor-in-Chief

This is a great guest post for those thinking of selling your engagement ring after divorce. It offers the perspective of looking at the decision as a way to make a significant amount of money and part with something that might be bringing you down when you don’t even realize it!

This Is How Savvy Women Are Living With Less and Enjoying Life More

by Stacey Freeman, Lifestyle Editor, Worthy.com

It doesn’t need to be spring to have the desire to clean house and pare down. Minimalism is a lifestyle trend open to a wide range of interpretations, but generally speaking, reflects a desire to live with less and enjoy life more. Outdated and outgrown clothing, discarded toys and games, and CDs and DVDs rank among the most common items women give away or sell to gain some much-needed space and maybe make a few bucks in the process. But what if women stood to make an even bigger chunk of change, perhaps enough to change their lives, by getting rid of diamond jewelry or watches they never wear? What if by selling their engagement rings and diamond wedding bands women stood to gain peace of mind by freeing themselves of mental triggers that bring them down?

 

Many women already are. To breathe new life into diamond jewelry no longer being worn, sellers across the country often turn to local jewelers and pawn shops to get cash quickly for their diamond jewelry. Many also frequently utilize mainstream online auction sites like eBay, which allows users to run individual auctions, and Craigslist, which lists online classified ads reminiscent of those once found exclusively in newspapers, to sell their diamonds. Different in their methods, what each has in common is the ability to get its sellers from point A to point B, i.e., from listing to sale.

 

What these choices also have in common is that they don’t offer savvy women the highest possible return on their sale. Jewelers underpay sellers to preserve their margin so they can resell diamonds to customers while retaining a profit. Pawn shops do the same but take an even more significant percentage for themselves. And because eBay and Craigslist don’t specialize in the sale of diamonds, responsibility rests entirely with sellers to make sure they know the actual value of their diamonds, a figure that is not always obvious, expected, or understood, exposing them to error. Sellers likewise put themselves at risk by selling to individuals they know little or nothing about or who remain anonymous.

 

Fortunately, there’s another, better option, and that is to auction diamond jewelry on a platform specializing in the sale of diamonds exclusively. Worthy, an online auction platform for selling luxury pre-owned goods online, offers sellers the opportunity to connect with a vetted global network of professional buyers and sell their diamond jewelry at a higher price than they could elsewhere. Worthy provides sellers with a GIA diamond grading report for their diamonds, giving them the assurance and confidence they need that their diamonds are valued accurately. Worthy’s highly-trained and friendly customer service team further assist sellers with any questions they may have and guide them through their auction from beginning to end. Once jewelry goes live on Worthy’s website, sellers can monitor the status of their auction in real-time and have money in their hands within a matter of days. At that point, sellers’ only concern becomes how to utilize the newly acquired funds to better their lives, especially if they are going through a separation or are recently divorced. Worthy’s highly-acclaimed divorce blog helps by giving inspiration, support, guidance, and practical tips to those finding their way personally and professionally following a split from their spouse.

 

With the U.S. divorce rate hovering around 50 percent, diamond engagement rings remain among the most heavily represented jewelry Worthy receives daily from sellers by hand or via FedEx, the shipping company Worthy chooses to provide sellers with the safest method to transport their diamonds. Not only does FedEx offer sellers insurance as an option, but Worthy’s insurance carrier also protects the value of a seller’s diamonds, covering up to $100,000, until the moment a buyer takes ownership. At no point during the auction process does Worthy ever take title to sellers’ jewelry, making Worthy a standout among other competing online diamond resale sites and a natural favorite for smart women to give their diamonds and their trust.

Like this post? Check out, “Did I Do The Right Thing? Newly Separated Woman Offers Advice”

 

The most important word in selling your diamond ring

 

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