Is this the best idea ever or am I a moron?

"thebigbossyboss" (thebigbossyboss) 01/28/2015 at 21:30 • Filed to: None

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Ha. Tricked you. It's the best idea ever AND I am a moron. Just about a year ago, I paid about $3K for a beautiful engagement ring and convinced a woman to marry me. Later that year sadly we went our separate ways. I have been trying to sell the ring at about 30% cost since October.

Sometimes I get fish on the line offering me about 20% cost or so (about $600) but so far, something always comes up and I haven't been able to part with the ring.

Then today, it hit me. Why not try to trade the ring for a vehicle? I mean I could probably take the ring to a store and get $400-450, but that's boring and frankly not THAT much money.

What is the worst that can happen? I trade the ring and then suddenly have to move and trade the car for scrap for about $200- 250? I am willing to take this $200 gamble.

I have my doubts this will actually work, but unless there's a really good reason not to do this, I am going to try to do this.

Earlier I saw one of these listed for about 2/3rd the price of the ring. Aim high!!

GhostZ > thebigbossyboss 01/28/2015 at 21:29

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Solution: Marry a car

Jimmy Tango > thebigbossyboss 01/28/2015 at 21:33

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trust me, keep the ring as a totem, you will save so much by keep it to yourself.

thebigbossyboss > Jimmy Tango 01/28/2015 at 21:33

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A totem? Like a totem pole?

Jimmy Tango > thebigbossyboss 01/28/2015 at 21:36

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Totem of your drive free or die spirit

For Sweden > thebigbossyboss 01/28/2015 at 21:38

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Selling your ring to a jewelry store is like selling a year-old car to a scrap yard. Sell it retail.

BJ > thebigbossyboss 01/28/2015 at 21:39

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Not a bad idea at all. Although it will likely still take some time to sell.

Worst case, have you looked at turning it in to one of those companies that give CA$H FOR GOLD!!! Seriously, it might be worth looking into.

AMGtech - now with more recalls! > thebigbossyboss 01/28/2015 at 21:40

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Or trade it for a computer, or a boat, or a month of rent, etc. Sounds like a great idea to me. If it doesn't work just hold onto it until you find someone else you want to give it to.

dogisbadob > thebigbossyboss 01/28/2015 at 21:43

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Hi

thebigbossyboss > For Sweden 01/28/2015 at 21:44

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What do you think I've been trying to do this whole time haha.

thebigbossyboss > BJ 01/28/2015 at 21:45

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Yeah. I have not, but I doubt they'll give me much more that $400-450. Will try this weekend though.

thebigbossyboss > AMGtech - now with more recalls! 01/28/2015 at 21:51

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Have been trying to trade for month of rent...so far no luck!

Steve in Manhattan > thebigbossyboss 01/28/2015 at 21:55

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Oh boy do I feel you. Had a ring custom made, about 7 grand, for a sure thing. Then the sure thing said no.

Lucky I knew a guy who knew the guy in the Diamond District that sold me the ring. He gave me almost all the money back, and a thousand dollar store credit for the rest of it. Some years later I used the credit to buy my current significant other a string of pearls. That jeweler - such a mensch.

And if you want to have your genitals invert into your body, try returning an engagement ring. Especially a custom one. It still hurts.

thebigbossyboss > Jimmy Tango 01/28/2015 at 21:56

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How will I save by keeping it to myself? If I give it to another girl and she every finds out....I will have two ex fiancees.

thebigbossyboss > Steve in Manhattan 01/28/2015 at 21:59

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Usually when I take it to the jewelers I say I inherited it. What do they know?

That sucks though, I have been trying to get some moneys for it, and have almost been successful about 4 times with potential buyers, so now I'm just like "meh. Free car maybe."

Glad you found the one in the end.

Flat Six > thebigbossyboss 01/28/2015 at 22:00

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Tips :

* have it polished and advertise with high quality pictures

* list on eBay or local auction

* try to trade for man jewelry for yourself (maybe a watch at store you bought it from)

* don't rush - gold / diamonds are going up in value

DasWauto > thebigbossyboss 01/28/2015 at 22:02

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You'll save yourself massively by not spending such an amount of money again. Taking a loss of $2k+ isn't worth it IMO.

I can see having given it to another woman being perceived negatively but simply explaining that she didn't end up being the one should put that to rest, I think.

Also, I seem to recall some jewelry stores taking back engagement rings for a refund if it doesn't work out. Seems like a good thing to do on their part.

Cajun Ginger > GhostZ 01/28/2015 at 22:05

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cars are easier and cheaper to trade in too.

thebigbossyboss > Flat Six 01/28/2015 at 22:07

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Thanks. I am not in a super rush, but I just thought it would be fun to get a "free" car.

Devilishprune > thebigbossyboss 01/28/2015 at 22:07

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Keep it for the next girl and don't mention anything about where it came from? Chicks love re-gifts.

lucky's pepper > thebigbossyboss 01/28/2015 at 22:11

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Maybe I'm being naive here but how the hell is some future Ms. Bigbossyboss gonna find out that it was originally bought for someone else IF YOU DON'T TELL HER?

Steve in Manhattan > thebigbossyboss 01/28/2015 at 22:15

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Yes I did. Lucky the jeweler who made the ring was a decent guy. I could have lost thousands.

thebigbossyboss > lucky's pepper 01/28/2015 at 22:33

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Don't know. Booze? Gossip? Maybe she's friends with my ex's friend. Who knows, but I'm not finding that out the hard way.

I would however like a car. I intend to get one :)

thebigbossyboss > Devilishprune 01/28/2015 at 22:34

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Then when she finds out someday somehow through an act of god I can have to ex fiancees.

Jimmy Tango > thebigbossyboss 01/28/2015 at 22:47

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ah, you are funny. But I guess my sarcasm didn't translate. Acquiring a car or a marriage through this ring will cost more than keeping it, but you don't listen to this old fart....

AddictedToM3s - Drives a GC > thebigbossyboss 01/29/2015 at 00:04

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That doesn't sound like a bad idea at all.

I remember seeing a comment about using phrases like "wife," "caught" or "won't let me keep" in the search bar for Craigslist to get cheap vehicles a long time ago on the front page. You could try to trade with one of those people since it's a high chance their significant other is upset at them for the car. So two birds with one stone for both of you. The seller gets rid of the vehicle and a present to put out the fire while you get to unload the ring and obtain a hoon-mobile.

Conan > thebigbossyboss 01/29/2015 at 01:00

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I wish I'd done that with my old wedding ring. Throwing it in the middle of the lake was pretty great too though.

Steve in Manhattan > thebigbossyboss 01/29/2015 at 01:07

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This is a good idea, BTW - some knucklehead out there has a decent car that they would trade for 'the ring' ... not the Hobbit ring, but that ring they propose with, and maybe FAIL. And yes, I am bitter.

pip bip - choose Corrour > thebigbossyboss 01/29/2015 at 02:26

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keep it for the next lucky lady.

thebigbossyboss > Conan 01/29/2015 at 07:12

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I once dated a previously married girl, and she threw her wedding ring into the Ottawa river.

thebigbossyboss > Jimmy Tango 01/29/2015 at 07:13

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Haha well this is true....but cars are more fun than old rings.

thebigbossyboss > AddictedToM3s - Drives a GC 01/29/2015 at 07:14

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Addicted to M3's.....you're a genius. Thank you for this suggestion!!

Also reminds me of the best craigslist ad I ever saw for some old tercel "Girlfriend pregnant...wife mad...all toys must go". HAHAHAHA.

thebigbossyboss > pip bip - choose Corrour 01/29/2015 at 07:23

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Then I will have two ex fiancee's.

Devilishprune > thebigbossyboss 01/29/2015 at 07:37

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Sounds

like a first world problem: Too much of a good thing.

Stapleface-Now Hyphenated! > thebigbossyboss 01/29/2015 at 09:14

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You seem sort of determined to get a car out of this, but I'll give my $.02 anyway.

Do you have a lab report for the diamond? If not, it might behoove you to invest in getting one. Once you have that, sell it on Ebay. Lab reports help sell diamonds, since pictures can be deceiving. With a lab report on Ebay you can usually expect to get probably 70% of your purchase price back, or more. I've known a few people who have sold diamonds on Ebay with good success.

thebigbossyboss > Stapleface-Now Hyphenated! 01/29/2015 at 09:25

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Oh really? That would actually be something worth doing then. If I got something like 70% I'd forget this car mumbo jumbo. I've never used ebay before. Is it just auctions or are there fixed price good also?

Stapleface-Now Hyphenated! > thebigbossyboss 01/29/2015 at 09:30

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You can set a reserve price for your goods if you want to, so you don't take a total bath. I do know that Ebay takes a portion of sales in fees, but I don't know what percentage. Someone better versed in Ebay might be able to better answer this question.

thebigbossyboss > Stapleface-Now Hyphenated! 01/29/2015 at 09:33

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Well thank you for this suggestion. Also we heard back from the owner of a Pontaic like pictured above. He has been married for 30 years. Damn.

Stapleface-Now Hyphenated! > thebigbossyboss 01/29/2015 at 09:40

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Yeah, being married 30 years if he brought that home his wife would probably think he's having an affair. lol

The Opponaut formerly known as MattP123 > Cajun Ginger 02/02/2015 at 06:42

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And they won't beat you if you have more than one in your garage at a time.

thebigbossyboss > Stapleface-Now Hyphenated! 02/23/2015 at 20:17

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Staple face!! I am getting serious about listing this thing on ebay. I have some type of card that explains the cuts, quality, the inscribing on the girdle etc.

Is this the lab report you're talking about? Or should I get it from a jeweler that didn't sell me the piece?

It's from GS labratories.

Stapleface-Now Hyphenated! > thebigbossyboss 02/24/2015 at 10:45

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Nope, no need to go to a separate jeweler. This is what I was referring to. If you can, scan/take a picture of this report and put it in your listing. People who buy diamonds like to have reports, so they know at least something about what they're getting.

thebigbossyboss > Stapleface-Now Hyphenated! 02/24/2015 at 11:06

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Thank you. My uncle (ebay seller in chief) says that I should start my ebay career by buying and selling small things and work up to the ring. Since I have a few odds and ends I wouldn't mind selling, I suspect he is wise.

thebigbossyboss > Stapleface-Now Hyphenated! 03/30/2015 at 15:21

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Not sure if you care or not (but you're being told anyways...lol). I decided to take my ring to an independent jeweller and consign it. I take 70% and he takes 30%. Currently listed at $1300 so I'b be taking about $915, which is decent!

Stapleface-Now Hyphenated! > thebigbossyboss 03/31/2015 at 09:14

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Cool deal. Glad it will (hopefully) work out for you.