The thought of selling an engagement ring is odd for most people, having received it with pomp and color. It may end up sitting in the closet for ages gathering dust, even when the relationship it represented has come and gone. What keeps you from selling it? To some, it feels like a betrayal of the relationship. Others are still holding on to the memories and the ring is one of them. Here are some reasons why you should consider letting go of the ring:

1. Broken engagement: Unfortunately, not all engagements lead to marriage. If that was your case, you do not have to be stuck at that point. You deserve a chance to move on and free yourself for another relationship. That will be difficult to achieve if you’re still holding onto the ring. You’re free to sell it so you can start fresh.

2. Divorce: A marriage is hard to let go of.  Especially, after spending years or even decades with your spouse. You have to make a conscious decision to release the sentimental items you shared and start a new life. An engagement ring is one of these. In addition, the extra money will go a long way in helping you with your new beginning.
3. Financial constraints: You may hit a rough patch in your marriage where money is needed for an emergency. You can decide to get rid of some of your jewelry that has already served its purpose. Letting go of your engagement ring does not make your relationship any weaker, but can provide a financial bail-out when it's needed the most.
4. To buy a better ring: Your engagement ring may have been cheap due to your financial situation. When things get better, you can decide to go for a better ring and sell the previous one. You can also sell your engagement ring to pay for your wedding bands. Wedding bands are meant to last a lifetime, and you may as well invest in a quality pair.

Selling your engagement ring does not have to be a loss. It can be your opportunity to de-clutter, get closure and start afresh. Wondering where to start? Get in touch with Ralph Mueller & Associates who will promptly provide a valuation for your ring and give you a good deal.