I do. I don't. Sold!

Updated
Auction off your engagement ring
Auction off your engagement ring

You thought your love would last forever. Your rings were a symbol of that love. And then one (or both of you) changed your mind. And now those lovely diamonds which were "forever" are worthless to you.

That's where I Do...Now I Don't comes in. It's an auction site that helps you sell your engagement ring. The site was started a year ago by siblings Josh and Mara Opperman, and their goal was to help jilted fiances and spouses recover some of their money for their diamonds, and offer shoppers a great deal in the process. Josh has firsthand experience with an expensive diamond engagement ring -- his jeweler offered to refund him 30% of his purchase price after his woman left him.

The site sets itself apart from eBay with its quality. I Do...Now I Don't offers certificates of authenticity with each ring, guaranteeing buyers that their diamonds are for real. And buyers are finding that they can get a great bargain at the site, which gives them an opportunity to own more ring than they thought they could afford.

The site even offers a forum for those recovering from heartbreak to share their stories with one another. Share your romantic horror stories with others on the site which helps you pawn the symbol of your failed relationship.

Tracy L. Coenen, CPA, MBA, CFE performs fraud examinations and financial investigations for her company Sequence Inc. Forensic Accounting, and is the author of Essentials of Corporate Fraud.

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