<prompt> Human: Appraisals arent perfect, but the ring I inherited is worth around 17K in 2006. The ring represents a part of my family history that I dont identify with, so Im not interested in keeping it for sentimental reasons. Heres my plan: Reappraise. If worth more than 10K, sell. Use 2k to buy another diamond ringwedding band and put into family safety deposit box. Ill use this for a future lady. Use remaining cash to buy a medium to medhigh risk mutual fund with T Rowe Price. Ill use this cash for a future mortgage down payment. Thoughts?  <response>: Trying to sell a ring is a very difficult proposition, and as someone else commented, appraisal value is NOT what you will sell it for. While I agree that investing in a ring this early for a future lady is probably a bad idea, keeping the diamond itself is probably not a bad idea. Diamonds can be reset into any style ring you want and WHEN the time comes it could be a huge savings for you. 