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The wedding bells are called off and the only reminder left with you is a tiny piece of jewelry in a box. In spite of its glittering design and eternal promise, you are left devastated and wondering what to do with it. Sell engagement ring, but before you can do this there are things you need to check.
The worst thing that can happen is for you to be accused of taking advantage of the money involved, so before deciding to let go of the ring check on the following details:
1. First thing you need to do is ask, "Is it really over?" or is there even the slightest possibility for reconciliation? The most terrible thing that can happen is to sell engagement ring and then end up being back in each other's arms. What excuse can you possibly say to that?
2. Be sure that the engagement ring is yours! A wise move to make since you are not dealing with just a cocktail ring, but a thousands of dollars worth of an engagement ring. Make a research on the applicable laws in your State. Yes it could be a gift, yet you need to look at what your State law says before disposing of it.
3. Check with the retail store where the ring was bought if there are some policies embedded with its purchase. There could be a return policy, store credit policy or even a divestment policy to sell engagement ring. This would however require you to look the same people in the eye while you tell them that the engagement was a big mistake.
4. Hire an independent professional appraiser to determine the actual worth of the engagement ring. So you would have an unbiased and fair appraisal for it. You may need to inform the appraiser that you need the liquidation price of the ring; this means the highest price possible worth of the engagement ring for you to get the best out of it.
5. Remember that the best possible deal is to sell the engagement ring to a direct buyer because this frees you from additional charges and fees. You can do this by advertising on online auction and pawn shops and online buy and sell stores.
6. Lastly, you must ensure that safety precautions are employed in every transaction you make to sell engagement ring.
The last thing you need to do after accomplishing this difficult task of selling your engagement ring is to go on with your life. If it will make things better and if there is any consolation to this; it is the fact that you have thousands of dollars at your disposal to have a fresh start.
