What Happens to the Ring When Celebrity Relationships End? Michael O’Connors Explains!

Michael O’Connor is guest blogging with a question for you. As a stylist and well-known jewelry expert, Michael has the answer(s) too. Here’s the operative question: what happens to the jewelry when a celebrity engagement or marriage falls apart? If the people in question were mere mortals like you and I, we know what happens to the ring (You work it out – typically giving it back.

For celebrities, that’s an entirely different scenario. While in some cases, the ring goes back to him, it depends on the situation. Michael O’Connor has a few options up his sleeve for you on how to ditch the unwanted jewelry!

Where Did The Sparkle Go?

In September, 2016, the unthinkable happened! Angelina Jolie announced she was filing for divorce from Brad Pitt! After a publicized courtship, gorgeous engagement ring, an eleven-year relationship and six children, the decision, according to Jolie’s attorney, was “for the health of the family”.

bradgelina (Elle.com)

Let’s face it! Divorce happens to many people— and celebrity divorces are no different from ones happening all over the country. In fact, over the past two years, there have been over 20 publicized celebrity splits from Liev Schreiber and Naomi Watts, to Drew Barrymore and Will Kopelman to Gwen Stefani and Gavin Rossdale to Halle Berry and Olivier Martinez along with many others.

dre3w barrymore
Drew Barrymore (Elle.com)

From the very moment a celeb is seen holding hands or kissing, the media is on high alert for engagement news. One of the most publicized details of any celebrity courtship is the engagement ring! Angelina’s ring was reported to have taken Brad and the jeweler over a year to complete – and had an estimate value of $250,000. Both Naomi Watts and Gwen Stefani were reported to have rings with diamonds of approximately 5 carats in size. Drew Barrymore’s 4 carat radiant cut was reportedly valued at $85,000. Publicized break-ups like these lead us to wonder, when a celebrity divorce happens, “where did the sparkle go”? Referring, of course, to the engagement ring!

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Jennifer Lopez pink diamond ring (US Magazine)

Some celebrity engagement rings end up being “reacquired” by the jeweler, such as the pink diamond given to Jennifer Lopez by Ben Affleck. Purchased in 2002 for $1.2 million, the jeweler added it back into inventory with a “price upon request” notation. Other engagement rings end up on the auction block, such as Liz Taylors massive 69.2 carat “Taylor-Burton” engagement ring by Cartier, which sold in 1978 for $5 million, or more recently, the 20-carat engagement ring given to Kim Kardashian by Kris Humphries, which sold to mystery buyers for $749,000.00. But what happens in the “real world” for people who don’t have rings worth mega-dollars?

 

 

http://celebritybrideguide.com/allison-kornberg-walch-rings-for-less/

 

 

It’s not uncommon that after a marriage, the sparkling symbol of the relationship, the engagement ring, loses emotional value. However, many women today are finding that the actual intrinsic value of a previously-loved engagement ring can be the incremental boost they need to start a new chapter. Why not turn an unwanted or unneeded piece from the past into a possibility for a new future?

The operative question is how can that possibility be realized if the store does not wish to “reacquire” it and auction houses aren’t clamoring to have it in their next sale? Well, it seems there are viable alternatives!

Often we hear of people who sell pieces to neighborhood jewelers. Unfortunately, those people are often not sure they received a trustworthy and fair value for the piece. Certainly, this method of sale is somewhat quick from a transaction perspective, but fair value remains a question. Others take the value and sales into their own hands, getting an appraisal, setting a desired price and then listing the item on sites such as CraigsList or Ebay. This exposes the item to a wider audience, but doesn’t assure a timely sale. Furthermore, the sale can be tricky as buyers want to be assured of what they’re getting and the veracity of the seller before a purchase.

Video from Worthy.com

A newer option receiving great reviews from everyday single women is a site devoted to just selling diamonds, called Worthy. Worthy gives a quick and efficient evaluation, once you go online and input what you know about the diamond. With over 70,000 transactions and delighted seller testimonials from real women, this convenient way of selling your diamond seems to be the way to go. You can try the process to see how easy it is by going to www.Worthy.com. And the best part seems to be that it’s the seller who determines which of the bids to accept, eliminating that feeling of not getting fair value. You are in control!

How better, when the sparkle is gone, than to start a new chapter in life utilizing an unneeded or unwanted piece to realize a brighter future while feeling that you’ve received it’s full value?

worthy logo

Learn more about Worthy.com here:
Synopsis of their service.

Worthy is dedicated to providing sellers and buyers with that ultimate win-win. Everyday we bring together buyers and sellers with our luxury auction marketplace. Worthy is led by the very best in the luxury goods market and we work together to bring you the fairest market value for your valuable items while providing stellar service.

https://www.worthy.com/
Pinterest: https://www.pinterest.com/worthyluxury/
Linkedin: https://www.linkedin.com/company/worthy-com
Facebook:https://www.facebook.com/worthyInc
Twitter:https://twitter.com/WorthyInc
Google Plus: https://plus.google.com/+WorthyInc
Youtube: https://www.youtube.com/channel/UC2FXgX7PzZedlrl11VxqSgQ

About Michael O’Connor:

Broadway-Headshot-Hi-res-co

Michael O’Connor a style authority and celebrity stylist as well as a TV Host. On television he has appeared on numerous news, entertainment and style shows from The Today Show, to Access Hollywood to Extra and Entertainment Tonight. He hosted his own television show, MovieStyle with Michael O’Connor on Reelz Channel, has covered the red carpet for TV Guide Channel and Reuters International TV and for 14 years was QVC’s Style Editor, appearing regularly on live television in over 95 million homes. Throughout the year Michael helps style celebrities, getting them ready for red-carpet appearances and premieres. O’Connor started his career as a jewelry and accessories designer working for world-class brands such as Gucci and Cartier, and helped with the original design concepts for the DeBeers “Past, Present, Future” pieces. Today, he still consults with a variety of well-known jewelry companies and organizations.

Follow Michael O’Connor on these social platforms:
Facebook: https://www.facebook.com/TheMichaelOConnor/
Instagram: http://www.instagram.com/stylingspy
Twitter: https://twitter.com/stylingspy

Thanks to Michael O’Connor for this great post about Worthy.com. I had not realized that someone saw the space I had seen in the marketplace– which is helping those non-celebs with nice rings be able to move forward by selling them for some of its real value. Love the concept!!

Stevie Wilson,
LA-Story.com

 

 

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