What to Do with the Diamonds?

photo credit: Graeme Weatherston

If you’ve recently separated or divorced, you’ve probably taken off your wedding rings. You might also have some other jewelry items your spouse gave you that you no longer wish to wear.  But what should you do with them? There are a surprising number of great options that will allow you to get those rings out of your jewelry box and off your mind.

Save for the Kids

Some women choose to save their jewelry for their children or grandchildren.  A family heirloom can have a lot of emotional value in later generations. And resetting a family diamond for an engagement ring can save your kids big bucks. If you decide to hang on to your jewelry for family, store it out of sight in a safety deposit box or in a box in your file cabinet.

Restyle for Yourself

You can have gemstones reset to make pendants, earrings, new rings, or other pieces of jewelry. Giving an old gem new life can help you feel as if you’ve taken concrete steps to retool your own life.

Get Cash

Gold can be sold to local jewelers for good prices. There are also some sites that specialize in helping you turn your wedding jewelry into dollars. IDoNowIDont.com, Ex-cessories.com, and ExBoyfriendJewelry.com allow users to sell their jewelry – and even vent a bit. The cash can be used to pay divorce costs, help you afford a new home, or buy a few decadent things just for you.

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