hawking the rings

Amy - posted on 04/07/2011 ( 40 moms have responded )

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With the economy the way it is and gold prices were going up - haven't checked lately - I've heard many people say they are selling their wedding rings for extra cash. Would you ever do this? Why or why not?

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Jenni - posted on 04/18/2011

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I'm talking about a cheap hotel room. When you're homeless you can only afford to think or plan on your next couple days. You only care about what can get you through that day or possibly the next day. Buy your food for that day. A roof over your head for the night. When people are in that desperate of a situation instintual basic human survival kicks in.

Jenni - posted on 04/17/2011

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It would depends on how dire their situation is.... is the ring worth more to you providing basic needs to your family like feeding them or losing your house... if you rent... winding up homeless?

Jodi - posted on 04/07/2011

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Yep.....but only the ones my ex gave me (I still have those around, but I actually gave them to my son). I don't think I could do it to the ones I have now. I guess, though, it depends how desperate I was. If it was the only way I could find to feed my kids I might.

Amy, my husband can't wear his ring to work either, because of the potential danger. He still puts it on when we are on holidays or go out, etc. I also take mine off a lot when I am doing housework or cooking because I worry they will get stuck, but I still like having them to put on other times.

I think the rings DO mean a lot because they were a part of the promise we made during our wedding ceremony. The rings are a SYMBOL of the commitment.

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[deleted account]

Oh, hell no. my rings are my hubby's grand-mother's so no way in hell this would happen!



My hubby's ring from his previous marriage is going into a Dollar for gold envelope though... We can use the money to get him the ring he wants ;)

Amanda - posted on 04/18/2011

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nope...if it came down to us needing money for something I'd ask my parents before thinkig about that!

Krista - posted on 04/18/2011

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I can't see myself ever doing this -- my rings wouldn't fetch a whole lot if I hocked them.

But, if my kids were starving and I literally had no other options, I'd sell my rings, my hair, my left kidney...whatever.

I DID sell my engagement ring from my first engagement. The split was mutual and amicable, and I offered the ring back multiple times, but he said to keep it and to sell it and put the money towards something nice for me.

So I sold it, went back to school, and used it towards my tuition. The engagement didn't work out, but in an odd way, it DID lead towards the great career that I now have.

Jenni - posted on 04/18/2011

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Sherri, I wasn't saying you personally would. :) I'm just saying I can understand why some families may feel they have no choice. And a couple hundred dollars could make a world of a difference to a family with nothing. It could mean keeping their children off the street for a few months.

Jenni - posted on 04/18/2011

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Try telling that to families living on the street and in shelters.



"More recently, the strong economy has caused rents to soar, putting housing out of reach for the

poorest Americans. After the 1980s, income growth has never kept pace with rents, and since

2000, the incomes of low-income households has declined as rents continue to rise (National

Low Income Housing Coalition, 2005). As a result, more families are in need of housing

assistance. The average waiting period for a Section 8 rental assistance voucher rose from 26

months to 28 months between 1996 and 1998. Today the average wait for Section 8 Vouchers is

35 months (U.S. Conference of Mayors, 2004). Excessive waiting lists for public housing mean

that families must remain in shelters or inadequate housing arrangements longer. Consequently,

there is less shelter space available for other homeless families, who must find shelter elsewhere

or live on the streets."



http://www.nationalhomeless.org/publicat...

Rosie - posted on 04/17/2011

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no i wouldn't. it's something very special to me. i wouldn't get much money for them anyway, they weren't that expensive.

[deleted account]

Nope-the center stone of my engagement ring came from my Grandma. The wedding band is not a matching set, but it compliments nicely. I won’t be hocking them for anything. They mean too much to me. I have other options before I turn to selling off my rings. As for hubby, his is a plain gold band. Not worth much. But still his.

LadyJane - posted on 04/10/2011

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My mom went and had hers reset. But I wouldn't sell mine for any reason. I have "other" gold that most likely would garner more. Plus I don't have any weddings rings anyway. :)

Christina - posted on 04/10/2011

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Sure, for a divorce. I sold my anniversary set for $75 dollars, and then threw my wedding set into a river.

Sal - posted on 04/09/2011

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if things were that bad i might, but it is very special, i couldn't wait to have it on my finger and that is where i intend to keep it, i only have one ring, so can;t sell off one and keep one..

Stifler's - posted on 04/09/2011

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I hate my wedding band and often think of getting one that actually matches my engagement ring. But then it wouldn't be the ring I got on my wedding day.

ME - posted on 04/08/2011

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No...but to be fair...mine isn't worth much money...it has far more sentimental value to me than it ever would have financial value!

[deleted account]

no. It is my wedding ring. A symbol from my husband to me and vice versa. Also we didn't spend thousands of dollars just because we wanted to save the money and use it on things we could actually use and needed.

Pia - posted on 04/08/2011

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I would sell my engagement ring if I had to, absolutely. Yes it would upset me, but I know that when we got back on our feet my fiancé would buy me another one. I don't wear it much anyway, I always used to scratch my baby...
I would sell my wedding band too but we'd have to set a date and actually get married first!!

[deleted account]

Divorced twice - sold both sets. Can't say what I'd do if I were married but I can say that things can always be replaced. If it meant my rent/mortgage then I'd be at the pawnbrokers, no problem.

Tracey - posted on 04/08/2011

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If I was desperate and it was a choice of losing my house or selling the rings then yes I would sell them , however as they are silver they are not worth anything financially.

Nikki - posted on 04/07/2011

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I really really wouldn't want to, but as Sara said if it was between feeding my kids and selling my rings I would. But hopefully life will never come to that! and I have lots of other jewellery I would sell first.

Mel - posted on 04/07/2011

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not if I was still married, no. My mum gave hers to me and I wear it every day, my dad tried to sell his but couldnt cause it had been adjusted so gave that to me to

[deleted account]

I would sell all my other jewelry first. My wedding rings (including my engagement ring, my wedding band and my mother's band - it has all the kids' birthstones in it) mean too much to me to ever part with them (even when my hubby wanted to upgrade my ring to a bigger diamond - I said 'no way!' lol).

We're lucky in the fact that our families would never let it come to that (my hubby's dad has actually bought us groceries and other stuff before when we were having a rough patch), but if it did you can bet I'd be desperately searching for another way to come up with the money.

If it really came down to it and it was between keeping my rings and feeding my children though, my children would always come out on top.

Tawny - posted on 04/07/2011

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I couldn't my rings mean to much to me. My husband has gotten me bands to go with it for evey child we have. So to me it resembles my marriage and my children. Plus like Sarah I would like them to go to my children down the road!! I would try to find the money some other way....

Lady Heather - posted on 04/07/2011

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Ummm...no. For one, my rings totaled $450 in value. Even if they went up quite a bit, it wouldn't make a huge difference. I'd have to have been holding onto them for a lot longer than 3 years to profit on that. And for two...I love them too much,

It's a great time to be getting divorced after many years though, right? I know my mum enjoyed cashing in that "I promise I won't cheat this time" ring my dad gave her. That thing was huge. Ahahaha.

April - posted on 04/07/2011

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My mum did that for us. We hit a rough spot and she had to sell them, she had no choice. We needed the money. When i asked my mum how she felt about having to do it, she said she was sad to lose her engagement ring. (It was beautiful and had great sentimental value) not so much her wedding ring but she cared more about us then material objects. I'm glad she did, we wouldn't have had anything to eat if she hadn't. My dad made up the money in a week though and he wanted to buy the ring back even at least the engagement ring, but it was too late. My mum didn't mind anyway.

I'm waiting for their 25th wedding anniversary (They will renew their vows) when i turn 24 so in a bout 2 years time. I'm helping my dad search for a ring that looks similar to her engagement ring to surprise her with on that day. My mum really deserves it. She's my inspiration :)

Lacye - posted on 04/07/2011

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I wouldn't want to sell my ring. I would probably fight tooth and nail to keep mine. It doesn't change how I would feel about my husband even if I didn't have the ring but I would be really upset if I had to sell it.

My husband doesn't have a ring. We had bought him one and had to take it back to the store because it kept falling off his hand. We wanted to order another one but the salesperson got really rudely with us about it and so we just left and haven't really looked for another ring yet.

[deleted account]

Completely agree with Sara B

hadnt thought about passing them down not for a specific reason just hadnt crossed my mind but i would love to do that but also because its a momentum(

Amber - posted on 04/07/2011

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I've been with my SO for over 5 years, but we aren't planning on getting married until next year (just shy of our 7 year anniversary).

While I won't want to sell them when I get them, I would if it was a matter of paying bills or keeping them.

We don't have a paper or rings as a symbol of our commitment. Our commitment stands for itself and always will.

Stifler's - posted on 04/07/2011

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Hells no. You'd get ripped off no matter where you went to sell them.

Amy - posted on 04/07/2011

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My husband thought about selling his. It doesn't fit and with his job...too dangerous. If his ring got caught, it could pull him into a machine and kill him. NOT worth wearing it. he feels like it's a waste to have. I'm a country girl and these diamonds are just not for me. They get in the way. Stuck on firewood, stuck trying to fold laundry, not convenient for some sign language...I'd prefer a tiny gold band to this. We don't feel our commitment lies in the rings, so it wouldn't be a big deal if we sold them. Not sure if we ever will or not. I'd rather keep my grandmother's ring than my wedding ring.

Sara - posted on 04/07/2011

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I'd have to be pretty desperate to do that, like it would have to be a choice between doing that and feeding my children or paying my rent. I want to pass my rings down to my children, I'd like them to have it to remember me by.

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