As Gold, Silver and Platinum Soar, Jewelry Becomes a Hot Commodity

How many women do you know who got engaged, only to see them break it off? What to do with the ring? Some give it back to the fiance. Others keep it.

Or, even more common, what if you’re married and, unfortunately, that doesn’t work and you end up divorced. What do you do with the engagement ring, the wedding ring, the necklace that your now ex-husband gave you?

With gold at $900 an ounce, many women may not want to just keep it in the jewelry box.

You could try and sell it on eBay, but that’s a pain. There are pawnshops too- but you likely won’t get much from that either.

Finally- someone has figured out a way for women to sell their gold, silver and platinum jewelry and hopefully make a bit of money. The website is called exboyfriendjewelry.com.

From the Chicago Tribune:

Erin Ennis, 38, a Washington, D.C., lobbyist, ended a relationship five years ago. She wrote in her ad, “Celtic knot earrings”: “At some point, he began to take fabulous trips to Ireland. Without me. I did get this lovely parting gift, however.”

Ennis has already sold a black pearl and diamond pendant and a purple beaded choker on the site.

“I didn’t want to just give them away, but I also didn’t want to haggle over them via eBay,” she said. “So, this seemed like a good fit: send them away with a wry sense of humor and make a little money off of them.”

Interestingly, about 25% of the customers on the site are men (someone’s trash is someone else’s treasure, after all.)

On the site, you can write a blurb about how the break-up happened, which is half the fun of the site (sorry guys.)

There are about 425 pieces of jewelry currently listed.

Forget the stimulus checks. What have you got at the bottom of your jewelry box?