What To Do With Your Engagement Ring After a Divorce?
So, what should you do with your wedding ring set after a breakup? Should you pawn it? Try to resell it? Repurpose it?
Trying to decide what to do with your wedding rings after a divorce can be a difficult and emotional decision. The quickest option might be to pawn them, but sometimes the emotional attachment or the actual monetary value makes it not worth the quick fix.
In this blog, we’ll walk you through your options—from letting go of the past to giving your ring a fresh new life. We’ll also introduce you to our custom jewelry makeover services, where we transform your old jewelry into something new, meaningful, and beautiful.
Because with a little TLC from the finest jewelry studio in town, your gold ring can be reborn into something uniquely yours.
Get in touch—we’d love to help you start fresh.
Should You Pawn Your Engagement Ring?
If you're thinking about pawning your engagement ring, think again. While it may seem like a quick way to get rid of it, you'll likely receive only a fraction of what you originally paid. Pawn shops typically offer “scrap” value, which is based solely on the raw materials—like gold or diamonds—at a heavily discounted “buy-back” rate. This means you won’t be compensated for the craftsmanship, design, or brand value you initially paid for.
Should You Resell Your Engagement Ring?
Another option is to resell your engagement or wedding ring through a company that specializes in secondhand jewelry. This can be a better choice than pawning, but it still comes with challenges. Resale platforms may take weeks or months to find a buyer, and even then, there’s no guarantee it will sell.
If your ring is a custom design that doesn’t align with mainstream trends, the odds of selling it are even lower. Classic, traditional engagement ring styles tend to perform better on the resale market—but again, there are no guarantees.
Recycle Your Engagement Rings
A better alternative to pawning or reselling is to refurbish your wedding ring set and transform it into a brand-new custom design by reusing your existing gold and diamonds. This is a much more cost-effective way to own custom jewelry—and it's also a meaningful opportunity to create something that truly reflects your personal style and taste.
When considering your options, redesigning your engagement ring is often the most empowering choice. Transforming your jewelry can symbolize a fresh start—a new chapter that carries no shadows of the past, only the beauty of new beginnings.
Get Started On Upcycling Your Rings Today!
Fine+Flux, handcrafted in Montreal, offers an exquisite range of custom and handmade jewelry designs to choose from—making your experience both easy and unique.
Not sure what you’d like to have made? No problem—we’re here to help. Our team will guide you through the process of finding a design that reflects your taste and fits your budget.
Book your Consultation today via our online video calls or in-person at our downtown Montreal Boutique (1255 Phillips Square #412-E, H3B 3G1) and start the newest chapter of your life on a good note!
Phone: 514-805-2293 Email us: info@fineandflux.com