[image: https://pixabay.com/photos/wedding-rings-lgbt-marriage-ring-2364418/]
3 Options for Repurposing Your Old Engagement Ring
Whether you were married for one year or twenty, the engagement ring is still an important symbol of your former relationship. Women often have conflicting feelings about their engagement rings, and it can be tough to decide what to do with it once the marriage ends.
While there’s nothing wrong with keeping your engagement ring, you might prefer to move on from your marriage and leave those memories behind. These are some of the most common things women do with their engagement rings after getting a divorce.
Return It
Even though most states consider engagement rings the wife’s property, some women choose to return the ring rather than keeping it. If the ring was a family heirloom, your ex might want to have it for sentimental reasons or to give it to someone else later on.
On the other hand, you shouldn’t feel obligated to return the ring just because your ex wants it back. Even if you don’t want to wear it yourself, you could still use it for a number of other things. Giving back the ring should be your own decision based on the circumstances of your divorce.
Sell It
A typical 1-carat engagement ring costs an average of $5500, so selling a diamond ring could give you a major financial boost. Since its value will remain relatively constant over time, you don’t have to make this decision immediately. Take a month or two to process your feelings before selling your ring.
If you liked the ring’s design, you can sell the diamond itself and buy a cheaper gem to replace it. The diamond is much more valuable than the rest of the ring, so you’ll get back most of the total value without having to part with the ring. If you’re comfortable with losing your ring, there’s essentially no other downside to selling it.
Use It
You probably have mixed feelings toward your engagement ring, but you can turn it into something positive by repurposing it. Some women keep their engagement rings and hand them down to their children later in life, transforming a painful memory into a bright future.
If you and your ex had children together and divorced amicably, giving the gem to your child will give you both something to remember from your marriage. This allows you to keep the gem without bringing up unhappy memories of your time together.
It’s always tough to process your emotions following a divorce, and you might not know what you want to do with your engagement ring immediately. Keep these ideas in mind as you move on from your marriage and think about whether you want to keep, sell, or use your ring.
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