In the end, selling your engagement ring is a totally viable alternative. Because engagement rings can cost hundreds to hundreds of thousands of dollars, you want to sell your ring to a reliable buyer who will make you the greatest price. That's exactly what happens when you sell your ring online; you get top dollar for it. The idea of selling your engagement ring may come as a surprise to some people. Many believe that you should never sell your engagement ring because it symbolizes your commitment to each other. However, in many cases, engagement rings have no value attached to them. They're given as gifts or paid for by a third party (such as your parents). In these cases, there's no reason to keep the ring because you aren't getting anything back from it. Selling your engagement ring can be a great way to raise money for something else. For example, you might want to pay off debt or save up for a future wedding anniversary gift. No matter what you do with the money, just knowing that you made $10,000 simply by selling an item that you no longer need or want is amazing! You should only sell your engagement ring if you've got plenty of cash lying around. There are many fake rings out there that try to copy the style of famous diamonds - but they're actually made of glass or plastic.