Jewelry Q & A

$12,000 Platinum Brilliant Round Diamond Ring.....1/2 Price. ?

Q.My Sister is selling her Platinum Brilliant Round Diamond Engagement ring. The Ring is less than a year old and It was appraised for $11,200 Canadian * $7000 US*and another appraisal listed it at $12,500 - $13,000 Canadian . I have the Official lab report on the diamond. This ring is not only a solid investment choice guys, but guaranteed to impress any lady.

A.Did her suitor die, or just disappear? Better hope she gets better than his purchase price if he comes back for it, or she'll have to make up the difference. If an engagement gets broken, the ring goes back to the giver - it's the law. He's talking crap. If HE breaks the engagement, she is entitled to it if she wants it. On the other hand, she SHE break the engagement, she must return it. There is no hard and fast legal ruling on such, and whereas many cases have gone to court, the resolutions have been on a case-by-case basis. Full of what? I admit I don't know what the circumstances of this individual's case but... An engagement ring is a conditional gift. No marriage and the parties are restored to the state before the engagement. Courts don't always agree regarding fault in engagement breakups, but the overwhelming majority of cases are decided with no-fault reasoning and the trend is moving even more in that direction. IOW, no marriage, no-fault, return the ring. http://www.nolo.com/lawcenter/ency/article.cfm/objectID/E2120B2B-1C65... http://www.floridalegalanswers.com/report/nofault.html

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