<prompt> Human: Hi-My wife has her grandmothers engagement ring in a safe deposit box. We agree that wed like to use the value of the ring about 40-50k for our kids college. x200B;Are we better off selling the ring now and putting the proceeds into their college 529s, or should we keep it in the safe deposit box until theyre closer to college age 14 years? x200B;Or maybe theres a better option than either of these?x200B;Thanks!  <response>: Make sure it is actually worth that much when sold. Most rings are sold for only 20-30 of appraised value. 