The answer to the question, “When is the best time to sell your diamond ring after divorce?” is different for everyone. My diamond ring sat in a drawer for 9 years before I finally decided I was ready to part with it. Other people sell it right away. I know a woman who sold hers 6 months after she got separated, and used the money to start an aerial dance and yoga studio. This guest post is the personal story of Stacey Freeman, who is the Lifestyle Editor, for Worthy.com, a company that offers a luxury auction marketplace for fine jewelry and diamonds.
When Is The Best Time To Sell Your Diamond Ring After Divorce?
by Stacey Freeman, Lifestyle Editor, Worthy.com
The paradox of divorce is that the more we force ourselves to let go before we’re ready, the more we cling to remnants from our past, such as a house, home furnishings, and our diamond engagement ring. So how will we know when it’s time to sell?
Two months ago, I decided to get rid of all my bedding, right down to the mattress cover. Every goose down pillow, throw pillow, and the duvet, gone. As I took off each piece, I recalled the time when my husband and I picked it out together. I loved it. Now, nearly five years after my divorce, though, I was finally ready for a change.
For many newly divorced people, the “marital” bedding is the first reminder of their past life to go. It’s a relatively small change to make but one that can clear a space of a lot of old energy and can be a solid step forward in the healing process, especially for someone like me who lives in the same house I once shared with my spouse. In my case, I still liked my bedding and didn’t feel ready to part with it until just a little while ago, despite the advice I received from well-meaning friends suggesting otherwise and the conventional divorce wisdom dictating what the “order of operations” should be in the divorce recovery process.
The thing is since my divorce I stopped ascribing to conventional wisdom. I had gotten to where I was – 39, separated, and without a career to fall back on – because I followed other people’s rules and designs for my life. The day my husband announced he was “done with our marriage,” I, too was done; done doing what the world expected of me or thought was best for me. Whatever I was going to do from then on, I told myself, was going to be in my best interest because it made me feel good and propelled me forward in my life. If that meant waiting to toss my bedding until I was good and ready, so be it. One day two months ago, I suddenly became ready.
Diamond engagement rings fall into the same category, with one stark difference: their utility after getting rid of them is endless. Unlike my bedding, which, best case scenario, I dry clean and donate to a family in need, the sale of a diamond can carry you years into the future. With the proceeds from your ring, you can go back to school, start a business, save for retirement, buy a car, put down a deposit on a home, take a much-needed vacation, or spend the money another way. The day you decide you want to reach any of these goals, or a different one, you’ll know you’re ready to sell.
Fortunately, I found Worthy, a new way to sell your diamond ring that provides the most trusted online auction platform in the industry to assist you with your sale. Worthy will have your diamond professionally graded, photographed, and presented online to multiple potential buyers who will then compete for it via an auction. Within a matter of days, you can have a check in your hands and a down payment on your new post-divorce life.
When all is said and done, it doesn’t matter how long you’ve held onto your diamond or how quickly you’ve decided to sell it. What’s significant is the moment you recognize you’re ready to let it go. Worthy is here for you when you are.
Stacey Freeman is the lifestyle editor at Worthy.com.
Like this post? Check out, “11 Things Divorced People Want To Say To Their Married Friends”