A contested divorce is hard for everybody, especially when you have a daily reminder of a broken marriage on your ring finger. You may find it hard to let go of your wedding ring because it reminds you of a happier time. When you remove your ring, it is a tangible sign that the divorce is happening. It may be particularly hard to take this step if the divorce was unexpected or not a mutual decision. However, there are some benefits to letting go of your wedding ring.
Make Money Off Your Wedding Ring
Diamonds, gold, and platinum are expensive. Coincidentally, divorce is also expensive and can be a drain on your finances. And unlike a lengthy divorce process, selling a diamond ring can be simple. First, gather any information you have about the ring, such as the original bill of sale, a previous appraisal, or documents such as a GIA Diamond Grading Report. Next, find a reputable jewelry appraiser and get an updated valuation of your ring. Make sure your diamond specialist is BBB certified. Once you know what the ring is worth, get price quotes from more than one buyer. You do not want to sell your ring to the same dealer who gives you the appraisal. When the transaction is completed, you can have money in your account in less than two days.
Lift the Emotional Weight
Divorce is difficult, and starting a new chapter in your life is a process. One step is to remove from sight any physical reminders of your ex. Clothes, pictures, wedding gifts, etc. can be emotional triggers that hold you back from moving forward. Your wedding ring is a constant reminder of a broken relationship. Getting rid of your ring can be a positive step that you are ready to begin your new chapter.
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