Selling an engagement ring or wedding ring can seem inherently sad. But sometimes it can be cathartic, or a gesture of generosity, or even heartwarming. These five stories about selling an engagement or wedding ring will surprise you — and maybe even make you smile or cry!
After trying to have a second child for 10 years, Zaundia Klingbeil and her husband wanted to adopt, but they were afraid they didn’t have enough money for the medical expenses and other adoption fees. So they decided to sell their wedding rings. Their community of Fargo, North Dakota got wind of the story and decided to help out. A GoFundMe fundraiser raised $4,000 for the couple, and a local business matched the donations, meeting the couple’s goal of $8,000. With the help of their community, they both kept their wedding rings and proceeded with the adoption.
For a marriage that only lasted three months, it sure was an expensive one. When celebrity couple Kris Humphries, an NBA player for the Washington Wizards, and Kim Kardashian finalized their divorce in 2013, Humphries made an unconventional move. Rather than letting Kardashian keep the ring as you might expect, he auctioned it off himself. The 20-carat engagement ring cost him an estimated $2 million, and it sold for $749,000 at Christie’s. Humphries reportedly donated the money to charity.
Legendary film actress Elizabeth Taylor was twice married to Richard Burton, whom she met on the set of Cleopatra in 1963. He spent more than $1 million on her nearly 70-carat diamond engagement ring, dubbed the Burton-Taylor diamond. It was an inch thick, and she decided it was too big to wear as a ring, so she had it made into a necklace. After their second divorce in July 1976, Taylor sold the diamond for more than $3 million, using some of the money to build a hospital. As Taylor said, “[Richard and I] decided that we would like to build a hospital-clinic in Kasane, Botswana. They need one badly and I certainly don’t need another ring.”
A Boston-area widow donated her set of wedding rings into a holiday bell ringer’s red kettle. She included a note saying she was donating the pair of rings in honor of her late husband — she hoped the money would be used to buy children’s toys for holiday gifts. A jeweler’s note appraising the rings at $1,850 was also included. Another anonymous widow heard about the rings and generously bought them for $21,000 in hopes of returning them to the original, anonymous owner. Generosity goes a long way!
Eric Smith saved enough money to buy his girlfriend the perfect yellow diamond ring she always wanted. But before he could pop the question, she admitted that she had been cheating on him with one of his good friends. He sold the engagement ring, but the money he got was still hard to look at without feeling sad. So he decided to spend it on a different extravagant purchase for himself: a full-body suit of armor that is a replica of the Master Chief character from the Halo Xbox video game series!
As you can see, there are lots of good reasons for selling an engagement ring or wedding ring. In our private office where we appraise and purchase jewelry, we provide a safe, secure, and educational environment where we teach you about the value of your ring. No matter what your reason for selling is, we will handle the occasion with professionalism, discretion, and expertise.
Call today to make an appointment to sell your engagement ring!
Read The Latest News From Samuelson's
History of The Diamond as an Engagement Ring
History of The Diamond as an Engagement Ring If you’ve ever heard Beyonce’s “Single Ladies,” you’re familiar with the refrain, “If you liked it, then you shoulda put a ring on it.” But where does the idea of putting a ring on it come…
The Scoop on Precious Metals
Scoop on Precious Metals Just about every piece of jewelry contains a precious metal. Same goes for old coins, watches, and silverware. But what makes them “precious” exactly? Precious metals are elemental metals that are naturally occurring…
Hand Sanitizer and Fine Jewelry
Hand Sanitizer and Fine Jewelry Chances are, you have hand sanitizer in your purse, pocket, or glove compartment — and with good reason! With the Covid-19 pandemic still hanging around, better safe than sorry. However, one thing most people haven’t…