Do you know anyone who has an engagement ring they like to sell? A website called "I Do Now I Don't" (www.idonowidont.com) is the ticket. This site idonowidont.com got started by Josh Opperman and his sister. Josh came home to discover his ex-fiancée had dumped him and left the engagement ring on the table.  When Josh went back to the jeweler to try to sell it.  The jeweler only offers him around 34 percent of what he had paid.

If there's a will... there's a way.  This is the fuel that started idonowidont.com. Where Ex's could sell their engagement rings.  Josh said, sellers can recoup 65 to 70 percent of their ring cost by selling on his site and lucky buyers can get a true bargain.

Unlike pawnshops and jewelry shops, they don't give you the value of what your engagement ring is worth. Of course, they are in the business to make a great profit.

Let's chat about eBay. When you get an engagement ring from an eBay seller, you have no idea if you are going to become a victim of a scam or other words get ripped off. You see, with idonowidont.com the cash is held in escrow until the engagement ring is verified by a certify gemologists. What a brilliant idea! But, so simple.

Lastly, Sellers can get to post their sad story along with their ring.