Examine This Report on engagement rings rose

When a person places an ad for an engagement ring, you may get the idea their marriage has crashed and burned, finishing in a breakup and the sale of all reminders of the other human being.

There are other reasons thousands of Canadians are selling their jewels on Facebook buy and sell pages, Kijiji and Varagesale.

Personal financial difficulty, last-minute loans and engagement plan mix-ups are some of the reasons these signs of obligation 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 sell and buy group of people said she bought the ring she was selling at an auction thinking her boyfriend could give it to her, but later identified out he had already acquired one himself.

Other posters had been recently divorced, 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 transformed 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 prior involvement prior to the "I do's." Just lately, she posted her 14-carat white gold ring on Facebook for $1,000 after her marriage ended badly.

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

Who owns an engagement ring when a relationship goes south?
" When you give somebody a little something, I don't feel like you can just take something back," Sundell said. "He did ask for 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 engagement rings are usually seen as an uncertain gift, both according to North American etiquette norms and in the eyes of the law. Fundamentally, it is widely concluded that you can only keep it if you go through with the wedding.

" The greater part of advice out 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 definitely a feeling that she's owed that ring to keep. And that's often why these things might escalate 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 freely."

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Knudson said research shows that an engagement should allow time for a couple to not only plan their wedding, but also discuss their goals and enrol in pre-marital counselling. She said the average 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 focused relationship prior to engagement, Knudson said.

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

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

Other people are also investing 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 get more info 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 typical 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 current partner wanted me to get rid of it," she said. "It doesn't really mean anything to me and I can't seriously 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 off your house without a realtor. You can make as much amount of money as feasible without somebody else taking a percentage off of the top.

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