selling off old jewelry not really a debate, could be though

Tara - posted on 12/22/2010 ( 25 moms have responded )

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I have several pieces of jewelry that were left to me by my Great Grandma.
One of them is her engagement ring. One is a wedding ring made from her first ring to her first husband and then overlaid with a second ring from her second marriage (her first husband died young).

I will always keep the wedding band, it's tasteful and has tons of memories and I plan to hand it down to one of my daughters.

But.... the engagement ring is HUGE, not really in style at all. It has a HUGE diamond in the center, surrounded by 8 other little diamonds, it sits on a hand carved white gold band with 18kt. accents. I have no idea what it is worth now, but when it was bought for her back in 1908 it cost about $250. Which was extremely expensive for a ring back then.

I want to have it appraised and possibly sell it it. We could really use the cash and I have a lot of other pieces that I can hand down to my girls. I would never wear this ring and I don't think any of them would either. But... there's a part of me that doesn't want to sell it, because it's worth so much. lolol

Doesn't make any sense I know... but any opinions out there either way??
I'll try to post a picture of it later.

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~♥Little Miss - posted on 12/22/2010

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I would personally never sell anything that old. It is a family areloom (sp?). I would get it apraised for insurance purposes though. This is something that should be kept in the family, but reseting it sounds like a good idea if you don't like how it looks. Please make sure you bring it to a smaller store, not a chain store. I have heard way too many stories about antique pieces going "missing".

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~♥Little Miss - posted on 12/23/2010

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I have no filter most of the time to Jaime. I never was trying to hurt you when I said "sometimes its not about the money" I just saw it being worth so much more as money. That sux about your situation, and I can totally see why you feel the way you do! I think we just kissed and madeup! MUAH!

[deleted account]

Oooh, and I just reread my first post. Gosh, it DID come off bad, didn't it Dx oh that didn't sound so bad in my head...

i'm still learning tact, haha. my blunt little personality gets the better of me...or worse, in this case, haha.

[deleted account]

I completely understand and agree with keeping priceless heirlooms that have memories attached to them. But I noticed in the OP that Tara said she planned to keep the wedding ring because of its memories, and wasn't sure about the engagement ring. That's why I said what I said in my first post. It was completely about the engagement ring, and also before I read anyone else's post. Had I read the others, I probably wouldn't have posted.

Also, the comment about it being "not just about the money" struck a nerve because it reminded me so much of how two-faced a lot of my family members are. They'll go out and buy these expensive things and throw their nonexistent money around but if I buy a cute shirt or a pair of shoes for me or my husband, something we can use and is pretty cheap (under $20, ALWAYS), they tell me I'm wasteful and selfish and materialistic.

So yeah, that's my little mental issues coming out. I'll now apologize for that as well and hide under a rock, lol.

~♥Little Miss - posted on 12/22/2010

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I am planning on having it reset, it is not very secure and I am afraid to wear it. When my daughter is old enough, I plan on handing it down. It would be from her great grandmother whom she never had the chance to meet. It is also a good size diamond, and cut very unique..never seen one like it...I could sell it for a good chunk of change...but I just would be selling a memory. My grandfather (who is also passed) gave it to my grandmother when they were dating.

~♥Little Miss - posted on 12/22/2010

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I know what you are saying Jamie..when you say it like you did on your last comment...but the comment that I was refering to was just simply talking about the money worth...even to sell it before the girls saw it so they cannot become attached. That is all I was talking about. This is not a random blanket that she got in college, or her first microwave...this is a genuine piece of her families history that can be handed down for many generations. I can understand why you do not want to keep things, hell my mother in law is a total pack rat and it drives me and my hubby bonkers! Don't appologize for throwing your 2 cents in as long as you don't mind them being challenged. I just feel if it was me, this would be a priceless heirlom (sp?) and I was simply encouraging her to keep it. My mother found a heart shaped diamond (solitaire)necklace of her mothers. I commented how beautiful it was, and she literally handed it to me. She wanted me to have it becouse she knew I would treasure it forever.

Stifler's - posted on 12/22/2010

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i see where you're coming from too. we have so much crap that's been hoarded over the years and damian won't throw it out or sell it because it was so and sos....... and we never use it or look at it or anything

[deleted account]

Jaime, no need to apologize. Different opinions is what makes these discussions worthwhile and fun.

Also, I DO kind of see where you are coming from. My mom is not a "hoarder" but she does attach sentimental value to objects. She keeps random things and the clutter drives me crazy. As a result, I don't attach sentimental value to MOST objects. However, a piece of jewelry is in a different category than most objects. But then, my mom is not a true hoarder...she does have her limits to what she will keep!

[deleted account]

Plus, it's hard for me to attach sentimental value to materialistic things because I grew up thinking it was silly to have so much stuff and not have any reason for having it. My parents are border-line hoarders, they have a ton of things they don't want to sell because it has "sentimental value." But my biased opinion is obviously a bad one, compared to everyone else's on this matter, so I apologize for even throwing my two cents in.

[deleted account]

Marina, I know that. But as I said, I come from a family who just bought a bunch of useless things and left them lying around. My post was based on my experience and what I would do if I were in the situation, because I have grown up seeing plenty of things bought just to gather dust. Like I said, I'm biased. How horrible of me.

[deleted account]

I understand not wanting to sell it because it's worth so much. What if you sell it now and find out later down the road you could have used the money you spent from selling it on something more important? Or, as my parents would say, maybe it becomes worth even more than it is now in a few years. Or maybe yes, your girls decide they like it.



Bah, I'd sell it and save the money for that rainy day that will inevitably come. Better than having the poor thing lay around to never be worn again, or worse, get stolen. Besides, if your kids never see it and form a fond memory of it, how are they going to know they wanted it? If you sell it, you prevent the girls from fighting for it later on if they do decide they like it.



Do it for the children. *giggle*



EDIT: Just read what other people were saying about reusing the stones. Sounds like a good idea, I guess. But this is coming from a person who lived her entire life with crazy old women who refused to sell ANYTHING because it might be "worth more" later and so we lived in a house full of useless junk and never had any money. So yes, I'm totally biased xD

Meghan - posted on 12/22/2010

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I just sold my wedding rings. It was really hard but it gave me the finality that I needed. You may not get as much as you would hope for. But the extra cash comes in handy. I say for your situation if there is something holding you back, wait. Really think about it

Tara - posted on 12/22/2010

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Thanks Sharon, that is really pretty, perhaps I will have the ring made into 3 different pieces and give them to my girls on their wedding days as a "gift from their great great grandma" and me of course.
I had it out about an hour ago, trying to get a good picture (failed) but my oldest daughter LOVES it. She has seen it before when she was younger, but now that she is almost 11 she says "it's so pretty and I love that it's so old".
I also cleaned it up enough that I can finally read what is engraved on the inside "S&W" sam + wynona (my great grandparents) 1892. She would have been 17 years old!
I think I'll keep this piece of history, whether it's intact or re done, it's history and it's ours.
:)

Sharon - posted on 12/22/2010

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Why not tear it down and reuse the diamonds? Depending on the size of the smaller diamonds they could be used in earrings or a ring.

Why not put the huge diamond in a slide pendant setting?

Tara - posted on 12/22/2010

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re-purposing the ring is a great idea!!
But I'm going to wait until they are older, and when they meet the right man, I will tell him about it and we can work together to make the perfect engagement ring that suits my daughter/s and him too. And maybe they will want the whole thing as is, if so I have others I can give my other two daughters if they want them, to reset or keep as is.
Thanks ladies, surprised I didn't think of it myself.
:)

[deleted account]

I'd probably hang onto it. You never know, your girls may surprise you when they're older and LOVE it. OR, like Sara said, you could repurpose it. My mom died in '97 and she left me a lot of jewelry, mostly costume, but valuable costume jewelry because it was so old. I did sell a lot of it here and there when I'd be short on cash. But before I sold anything, I put the stuff I'd NEVER sell in a seperate box. Some of the stuff I kept, I'd never wear myself, but they are pieces of her, in a way...just because she wore them.

Laura - posted on 12/22/2010

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Yeah I was just going to say if you don't like the ring maybe you could take the diamonds and make something else out of it. Or one of your daughters could make their own engagement ring and use the diamonds from it.

[deleted account]

Could you re-purpose the diamonds? My Granny had a very outdated looking ring with some sort of blue-ish stones (sorry, the name escapes me right now). My mom had the big stone set into a charm for a necklace and the two little stones as stud earrings. She wears it often and thinks of her mom. How many daughters do you have? Maybe you can make each of them a diamond necklace from this ring that belonged to their great-great grandma. That would be special.

Tara - posted on 12/22/2010

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Thanks Krista, there is certainly a part of me that doesn't want to part with that kind of history, it's a really old ring.
But I think I will have it appraised, if only for insurance purposes. Right now it has no value in our house insurance policy because it has not been appraised and therefore has no value.
You're right too, my girls might actually like it. Maybe big rings will be back in when they get married etc.
Thanks for your input!

Jenn - posted on 12/22/2010

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The description sounds like a beautiful ring that would be just my style LOL! But yeah, I'd say keep it. I have a piece of gold (it's some ugly ass eagle thing) that I've thought of selling because it's probably worth about $600, but I just can't seem to part with it.

Krista - posted on 12/22/2010

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If it were some modern, mass produced thing that held no meaning to you, I'd say to sell it. However, that ring actually sounds like it's really nice, and you don't THINK your girls would want it, but you really don't know for sure. I don't think that's something you should assume. My mom sold her gold charm bracelet, thinking that none of us girls would want it. I was devastated, because I LOVED that bracelet and would have loved to have had it, but didn't want to ask Mom for it, out of fear of appearing grasping. So yeah, I think I would at least hang on to it until the girls are grown and then ask them if one of them wants it.

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