The Wedding is Off! See you in Court ....

[SerendipityCrafts]

New York couple head to court after bride refuses to return guy's $48,800 engagement ring after they split up. In related news, there are idiots who spend $48,800 on engagement rings.

LOL

http://abcnews.go.com/US/wireStory?id=3748123

[NicksBride]

HOLY COW!!!!! That is one expensive ring

[ikkin510]

I would be too scared to wear that much money around my finger!!! LOL

The return of an E-ring has been a popular fight for a long time now. Some people say you should return it. Other's say it's a gift and you shouldn't have to.

[thatgirljenn]

I was previously engaged, and the guy didn't want the ring back, and I didn't want to keep it or pawn it sooo....

I flushed it.

[Whitewater]

When my first marriage ended, since he'd bought me TWO engagement rings AND a very expensive wedding band (I accidentally lost the first e-ring, oops, hence why now my ering is worth $14!) I gave him the wedding ring back without a fuss. I didn't want it, and he did. He told me he was going to get it melted down for the gold, but I don't think he really did that.

I would have given him the second ering too, but he didn't want it. So I kept it. I figured I could always sell it later. Might still do that, actually, come to think of it, now that there's Ebay and Craigslist and such nowadays.

I figure, when you've got a wedding/engagement ring that's expensive like that, why not sell it somewhere (there are high-end brokers) and split the money? That seems fair to me. She's not going to wear it again, and he quite rightly considers the ring as an investment*, so why not let people get at least a little of that investment back?

*oops, ok, so in the article the suit paperwork is quoted as saying that the sole purpose for buying that ring was to contemplate marriage, whatever that means! But c'mon, you don't go buying expensive rings like that *purely* because you think it would make a nice shiny on your love's hand! Whatever. I also note that the article quotes what apparently is a pre-nup, saying that they agreed that she would hand the ring over if their engagement was broken, so when the judge reads that, well, it'll be all over. I still don't get why she would want to keep it, unless she wanted to sell it for $48k and reap the profit that rightly belongs to her S.O. . . . That kind of money can be a kind of consolation to a broken heart, but I personally wouldn't be able to enjoy anything I bought with it, because I'd know where the money came from!


Whitewater

[frenchie]

She should give it back - unless he cheated on her or something, in which case I think the girl can keep it.

[SerendipityCrafts]

I think it depends on who called off the engagement. If he called it off, she should keep it. If she called it off, she should give it back.

I am with you Nikki .... A bodyguard should come with a ring that is valued at $48,800.

More money than brains, as they say :)

[Smashingpennies]

why would some just about sell their soul to get a ring that pricey is beyond me. My e-ring was a family heirloom, and if for some reason things went south, he would so get it back. Even if he insited I keep it, or if I did keep it it would go in a safe for our oldest Male child. If we don't ever have a boy, then I am not sure what we will do.