Awkward

I hope she got "HALF!!" of what they are worth. Joe

Jewelry value is hard to pin down, really. The standard of the industry is a retail mark-up of 300%-plus. Resale values of used jewelry are frequently half or less of retail, and pawn shops are seldom buying anything for more than half of what it will sell for, so $1000 new retail can easily become $500 market value and maybe $250 to unload at a pawn shop.

A piece of jewelry may catch the eye of a buyer, but it might also sit in the display case for months or years. Value of a diamond ring is largely in the stone(s) and gold. Stone value is determined by size, quality, cut (style), and clarity. A stone may be large but have little resale value because of low quality or clarity, or outdated cut/style. Actual gold content is usually only a fraction of actual weight, and some manufacturers are known to be less than scrupulous.

Pawn shops are highly regulated in many states. Items received by purchase or pawn can require reporting to law enforcement (subject to seizure if it matches stolen reports) and may have to be held for a month or more before it can be resold.

Pawn shops are tough businesses. The owners and employees have to know a lot about everything they deal with. Lots of scammers in this world, lots of fraud.
 
Jewelry value is hard to pin down, really. The standard of the industry is a retail mark-up of 300%-plus. Resale values of used jewelry are frequently half or less of retail, and pawn shops are seldom buying anything for more than half of what it will sell for, so $1000 new retail can easily become $500 market value and maybe $250 to unload at a pawn shop.

A piece of jewelry may catch the eye of a buyer, but it might also sit in the display case for months or years. Value of a diamond ring is largely in the stone(s) and gold. Stone value is determined by size, quality, cut (style), and clarity. A stone may be large but have little resale value because of low quality or clarity, or outdated cut/style. Actual gold content is usually only a fraction of actual weight, and some manufacturers are known to be less than scrupulous.

Pawn shops are highly regulated in many states. Items received by purchase or pawn can require reporting to law enforcement (subject to seizure if it matches stolen reports) and may have to be held for a month or more before it can be resold.

Pawn shops are tough businesses. The owners and employees have to know a lot about everything they deal with. Lots of scammers in this world, lots of fraud.
Just like Pawn Stars.:mad:
 
Myself, and my 3 siblings are all the product of a second marriage. It lasted from 1951 until Mothers passing in 2010. That was three months short of 60 years. I guess it is a good idea sometimes.
 
I believe today is my 26th anniversary. Numbers 1 & 2 didn't last long. I also lived with a girl for about 4 or 5 years. I took my 2nd wedding's rings, just plain gold, and got a whopping $15 for them. Melt value, plus the value of two failed marriages! I'm too old and have too much ($$) to go shopping for a 4th! (I still love this girl, all 4'10" and her Dagmars.)
 
My dad married my mom twice. In my view, the second was a very bad idea for both mom and dad.

Maybe he was marrying her for his money.

I GUESS i AM LUCKY; JUST HAD OUR 54TH ANNIVERSARY. A couple of naive 18 year olds but it's been a pretty good run and we still like each other.
 
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My dad and mom divorced seeming within minutes of my moving out of the house. Looking back, I wish they'd done it sooner. Dad married his work girlfriend (not a secret). She had money from her first marriage and was a rich widow. She died, and dad remarried mom. Then he had money. Yes, it's complicated.
 
Been married 32 years. Several of us have promised to shoot each other before marrying again. As for marrying 7 or 8 times, sounds like my wife's brother, when do you figure out that you are not very good at it?
 
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