You have the final court paper which says what you have felt for a while – you’re divorced! Now you can “legally” get on with the rest of your life but there are always those hanger ons from the old life, and one of the biggest is what to do with the old wedding and engagement rings.
Here are a few ideas for you to consider which are both constructive and positive.
Keep It as a Keepsake for the Children
You may have very mixed feelings about getting divorced but there can be no denying that something good comes out of the marriage when you have children to consider.
For many children, inheriting the wedding bands of their parents is a gift of love, and while you may not feel well disposed to your former spouse, the children have nothing to do with the breakdown of your marriage. Many children feel a deep sense of appreciation and love when they inherit or are gifted items such as this, no matter whether you are divorced or not.
Melt it Down and Turn the Metal into Something Else
Rather than having a constant reminder of a failed marriage lying around and doing absolutely nothing to provide any positive enjoyment to life, why not have it melted down and turned into another piece of jewelry? After all, once it is melted down it is simply just another lump of metal but you can have a jeweller create an individual piece for you which will give you as much pleasure and utility as buying a piece retail. The best thing is that because you have the precious metal already, it will not cost you so much!
Sell it!
This is one of the knee jerk solutions for many people but in fact, with precious metal prices soaring through the roof, the chances are that your old wedding ring and indeed, any old jewelry are now worth much more, and quite possibly more than was paid for the item in the first place! Just to give you an indication – in 1999, gold was selling at around $250 per ounce but, today that same ounce will cost you more than $1,200!
A similar story is told for all of the precious metals commonly used in jewelry, including silver, platinum and palladium. So in demand is scrap metal precious metal that traditional jewellers have found themselves being outbid in the second hand jewelry market, which has increased the price available for sellers even more.
Selling your items is simple enough; check the internet or follow up on any of the numerous ads run in the newspaper or on television. Look for a company which acts as the refinery (and there are several out there); they should provide a secure and insured courier service together with a rapid turnaround from assessment of the jewelry through to delivering the check to pay for them.
What you do with the money is completely up to you, but as a new divorcee the world is your oyster so, kick back and discover what life is supposed to be about and have some fun!