The Definitive Guide to 1 carat diamond ring



When someone else places an ad for an engagement ring, you may suppose their marriage has crashed and taken, finishing in a separation and the sale of all reminders of the other human.

But there are other reasons lots of Canadians are selling their jewels on Facebook buy and sell pages, Kijiji and Varagesale.

Monetary difficulty, last-minute loans and activity plan mix-ups are some of the reasons these signs of commitment can end up for sale.

One Regina man told CBC News his involvement didn't work out and he was trying to get $7,000 for the ring he bought for over $15,000 just eight months before. A member of a Facebook buy and sell group of people said she bought the ring she was selling at an auction thinking her boyfriend could give it to her, but later found out he had already acquired one himself.

Other posters had been currently split up, including one woman who wrote a poetic ad for a Vera Wang ring she was selling for nearly $9,000 on Varagesale.

" Met a boy, married that boy-- big mistake, boy became out to be a liar and a deceive. Time to sell the ring and go to Mexico to celebrate!"

Whose ring is it?
Amanda Sundell's ring didn't make it down the aisle.

The Saskatoon woman said she ended her preceding engagement prior to the "I do's." Recently, she posted her 14-carat white gold ring on Facebook for $1,000 after her marriage ended badly.

Sundell said certainly there was some conflict over who the ring actually belonged to.

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" When you give someone one particular thing, I don't feel like you can just take something back," Sundell said. "He did request it back from me, but I also gave him a car and he refused to give me my car back. So I just kept the ring." Sarah Knudson, associate professor of sociology at the University of Saskatchewan, said involvement rings are usually seen as a tentative gift, both according to North American etiquette norms and in the eyes of the law. Essentially, it is widely concluded that you can only keep it if you go through with the wedding.

" The large number of advice out blue diamond there does say give it back, but there is a lot of pushback to that as well," said Knudson. "If the woman was cheated on, there's certainly a feeling that she's owed that ring to keep. And that's often why these things might grow into a legal situation because she feels wronged and she actually doesn't view that as something that was conditional, she views it as a gift that was given openly."

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Knudson said research shows that an engagement should allow time for a couple to not only plan their wedding day, but also discuss their goals and enrol in pre-marital counselling. She said the typical engagement now lasts a little more than a year.

More people are living with before becoming engaged, with most spending more than a year in a committed relationship prior to engagement, Knudson said.

Despite having this, many still fail. And there is often a common thread.

" One of the top good reasons couples, whether they are dating, engaged or married, break up, is because of financial disagreements," Knudson said. "So it's really not surprising that this is a thorny issue. And it's really not astonishing that there are different feelings about it as well."

Lots of people are also spending more on rings.

Knudson said the old rule in Canada was to save one month's wage to buy an engagement ring. Now, on average, Canadians are spending about $6,000.

" Even if you were to match up that to the 1960s and the 1970s, the bar has gotten a lot higher for how spectacular a ring is and how much money they're spending on it," she said. "It's a lot easier to buy these rings on credit and to pay them off over time."

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According to Knudson, a trend in pricier jewelry has gone hand in hand with a general rise in standard of living across the board. People have more cars, more clothes and take more trips.

And the normal stone size for engagement rings is one carat.

Why go online?
Over a year since her engagement was broken off, Sundell still had her old ring, but she finally decided to list it online.

" My existing partner wanted me to get rid of it," she said. "It doesn't really mean anything to me and I can't actually wear it because it was given to me by somebody else that I'm not with."

Before posting the ad, Sundell said she took the ring to a jeweller who encouraged her to sell it herself because she could get more money for it.

Knudson said it's a very similar concept to selling your house without a realtor. You can make as much money as attainable without someone else taking a percentage off of the top.

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