Trading in the Ring

More and more commonly, brides are trading in their engagement rings for something even more perfect.  Of course, your fiancé knew what you would like, but that doesn’t mean that the ring couldn’t use some tweaking beyond a re-sizing.  Here’s what you need to know about trading in that diamond:

1. Know the store’s policy.  Some stores have rules about where the original jewelry must have been purchased, what the price of the new jewelry must be, and what stones can be traded (often only diamonds).

2. Know the value of your diamond ahead of time.  You’ll want to have your diamond appraised before going to the store so you have an idea of what your jewelry is actually worth before trading it in.  Often, the value when you trade a diamond is half of what you originally had it valued at.

3. Decide when you want to do it.  Some do it when they have their first child, some on a major anniversary, some immediately.  The most common amount of time to wait is 8-15 years into the marriage, when there is more money in your bank account and you are starting to get into the long-haul.

4. Know why you want to do it.  Having a clear idea of why you are trading in your ring helps balance the pros and cons.  Of course you’ll be sentimentally attached to the original, but perhaps your style has changed, you want to show off a little more, or you just want a change.

5. Have an idea of what you want to do: change style, go bigger, etc.  This way when you go into the store, you have an idea of the new ring that you’ll be shopping for.

6. Clean your original jewelry before taking it to the store.  It’ll make it easier for the store to determine its value and remove stones.

This is obviously something that you’ll want to discuss with your fiancé, as sometimes this can be a delicate topic to broach.  Make sure you let him know how much you love the original and that you would say yes no matter what.  And, don’t be embarrassed or feel bad if it’s not exactly your style -trading in rings is really quite common.