Her heart is set on the stone, not gold
‘If in dire need of cash, I would sell my wedding jewellery I was given, as they're yellow gold'
In three years, Sharon Pereira received three diamond rings from her generous husband. These were in addition to all the gold jewellery pieces she got as gifts during her wedding.
Obviously, her jewellery box is now full to the brim, but when asked which ones she would rather sell when cash gets scarce, Pereira says she's got her heart set on diamonds, so the yellow gold can go without so much fuss.
"I haven't ever considered selling my rings as those are the only things I'd probably keep back. However, if in dire need of cash, I would sell all the wedding jewellery I was given, as they're yellow gold and I don't quite like it," Pereira, an expatriate from India, tells Gulf News.
It's more like keeping something for its sentimental and romantic significance, rather than for its monetary value. Pereira received the first diamond at her engagement three years ago. It was a small diamond embedded in a half-yellow, half-white gold ring and was worth around Dh1,000.
The second ring, a present one month after the wedding, was a small solitaire diamond set on a white gold band and was worth around Dh1,800. The third diamond ring, which got bigger, was worth more than Dh3,000 and was given as a first wedding anniversary present last November.
While she feels lucky to have been showered with such romantic gifts, Pereira doesn't think about making good returns from them.
"I wouldn't say they give a good return on money at a later stage. That's where the yellow gold comes handy every time the price of gold appreciates, because if gold is at a good value, I would definitely prefer selling yellow gold and I consider that as a better investment to diamond rings. Hence, my gold still sits in the cabinet," Pereira says.
And when it comes to buying diamond rings, Pereira advises that it's always wise to tag the recipient along during shopping. When her husband decided to give her the third ring, Pereira picked out the piece herself. That made the shopping very easy, especially since she's an impulsive buyer.
"There wasn't much thinking that went into it simply because my husband knows I prefer rings to any other kind of jewellery. I'm not a huge fan of yellow gold, hence the choice left was a diamond ring made on white gold. He did ask me though if I preferred a necklace to a ring, but I went for the latter," she adds.
