Many people dream of a storybook wedding from the time they are children. From the formal wear right down to the honeymoon, everything is carefully orchestrated right down to the last detail. No one ever plans for that fairy tale to end. However, this seems to be the case more often than not. In fact, current statistics show that 40-42% of marriages end in divorce. Once you’ve had the chance to grieve and get back to a version of your “new normal”, you may ask yourself, “what do I do with my wedding ring”? Well, our experts have got the solutions you need to bring you comfort.
Sell My Wedding Ring
Selling your gold diamond ring will allow you to create additional income for the unpredictabilities of life. For instance, you may need assistance paying for your divorce attorney fees. Perhaps your car requires unexpected repairs; you may even have medical bills that are getting quite out of hand. In any event, selling your ring will make all the difference.
When you’ve come to the realization that your marriage has ended and there’s no reconciling in sight, it can be painful to continue to wear the memory of your broken union on your finger. For some, getting rid of the diamond ring once and for all is the only way that they can move on with their lives and find the happiness that they desire and deserve. Luckily, selling your wedding ring is a simple and painless process.
The Selling Process
Once you’ve made an appointment with an established jewelry buyer such as Vasco Assets or OC Jewelry Buyer, your gold will be weighed, tested, and evaluated quickly and an offer will be made to you on the spot. If you like the offer that you’re presented with, you’ll receive a check the same day. It is that simple! If you’re not in the area, our team of professionals makes it safe, secure, insured and quick to ship your items to us for acquisition or even a loan against your diamond wedding ring.
In the long run, It’s important to make the decision that you feel is best suited for your lifestyle. Most first-rate gold buyers with years of experience in the jewelry industry like Vasco Assets and OC Jewelry Buyer are going to make a very fair and equitable offer.
Loan Against My Wedding Ring
While some may feel that selling their ring is the answer to their problems, others may not be able to bear the thought of it. If you feel that your ring has sentimental value, the great news is you don’t have to say goodbye to it forever. Instead, you can allow it to add even more value to your life? How can you do this? You can take out a loan against your wedding ring and still maintain ownership of it.
This is a concept known as a collateral loan. Using this option, you can gain the extra finances you may need without negatively impacting your credit or putting your personal information at risk.
A collateral loan exists to allow you to borrow money against your items such as your wedding ring and make payments until you can successfully pay off your loan.
By taking out a loan against your wedding ring, you have no penalties for paying it off early and getting it back. If you need to take out a loan for longer than 4 months, all you need to do is renew the loan.
When making the decision to sell or loan against your wedding ring, you’ll need to ensure that you’ve got all the facts. The more you know about your ring, the better informed you’ll be about what your ring is worth. Do a little research about your ring’s cut, color, clarity, and carat weight.
You stand a better chance of receiving a lucrative offer if you have your ring’s GIA grading report. These are the standards that jewelers use when determining the value of your wedding ring. Having an idea of what your ring is worth will keep you from getting taken advantage of later down the road.
The end of a marriage isn’t easy for most. In fact, it can be the hardest thing you’ll ever go through. We understand how hard it is to make the choice of what to do with that remaining wedding ring. However, there are ways that you can make your wedding ring count. By making the choice to either sell or take out a loan against your wedding ring, you’ll enrich your life all while maintaining your peace of mind.
No matter the choice you make, it’s imperative that you do your research when it comes to choosing the right jewelry professionals for you. Find out how long they’ve been in business and what their clients have to say about them. Vasco Assets is a team that has been in business for over 35 years and has a reputation of excellence when it comes to buying and lending against your luxury assets.
About the Author
Vasco Assets Inc. is a privately held international investment firm located in Newport Beach, California. Vasco Assets has over 35 years of industry expertise from investing, lending, buying and selling of luxury items to collaborating with charities in developing custom offerings and much more. At Vasco Assets, we create and cultivate long-term, multi-generational relationships with our clients.
Vasco Assets’ diversification in the global economy helps maintain our position as an independent international institution that is not subject to the fluctuations in the market conditions. In recent years, we’ve been making significant investments in our patent-pending technological platform and applying them to lending, investments, and fostering our client relationships.