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What To Do With Your Old Engagement Ring

Posted on January 16th, 2020 by JoeG

Choosing what to do with your old engagement ring can be an emotional process. After all, even if you divorced or called off the engagement, there was a point at which that engagement ring brought you immeasurable joy.
But putting the emotion aside; depending on your situation, your options will vary. For example, if you’ve gotten divorced and there’s a stipulation in your court order about what to do with the ring, you’ve got to follow that court order. However, in most cases after the divorce, the ring and other jewelry have most likely been awarded to the agreed owner. As diamond buyers in Chicago, we’re familiar with the options, so we’ll outline them for you here.

Sell it to a Diamond Buyer in Chicago

Once you decide not to keep your old engagement ring, you could also sell it to use the money for other reasons like pay off credit cards, pay tuitions, house payments, vacation etc. Depending on the quality and condition of the diamond, you may be able to get a reasonably significant sum of money for your ring. Just make sure you’re working with a reputable diamond buyer in Chicago with years of established experience so you will get the most for your valuables.
The options are completely viable if you just want money for anything else you find important or in some cases just to get rid of memories that you want to forget. It may even help you move on to another phase of your life to let go of your old engagement ring. You will know when you are ready, and when you are the diamond buyers in Chicago at Chicago Gold Gallery will be there to help with whatever you decide.
For more information on selling your selling your diamond in Chicago, contact Chicago Gold Gallery.

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Customer Testimonial

Had a Great Experience

"I drove all the way from the south side just to sell my silver to Chicago Gold Gallery because of the knowledge and professionalism I received on the phone. They gave me top dollar for my silver and were so fast and friendly. I definitely recommend this business!"


Date: 10/27/2017 • 5 / 5 stars ★★★★★

Can't say enough about this place.

This is the most welcoming, non-pretentious place to do business! I was researching where to sell sterling silver I had and ended up choosing here based on the other great reviews. They walked me through the whole process and answered my questions. I got a great price for my items & will go there again.


Date: 09/17/2018 • 5 / 5 stars ★★★★★

Love this place!

Chrissy & Joe are all super friendly and easy to work with. I trust them and they will do whatever they can to help you including giving you advice on what you have or what you should look for. I won't ever go anywhere else and I've recommended it to several friends.


Date: 08/02/2015 • 5 / 5 stars ★★★★★

I would do business with them again

I had a large collection of silver coins sitting in my safe deposit box for 15+ years. Chrissy was so friendly and helpful she even gave me advice about coins I didn't know. She was more than happy to help me for over an hour in between taking care of other customers. They really did give me top dollar for my coins. Whether you are new or a pro with coins, I can highly recommend you take them here!


Date: 02/22/2020 • 5 / 5 stars ★★★★★

Don't Hesitate to call...

I find that Joe at Chicago Gold Gallery consistently offers and pays more for my coins than coin dealers in Chicagoland. He's very nice and easy to deal with. Don't hesitate to call him and preferably visit him.


Date: 12/04/2015 • 5 / 5 stars ★★★★★

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