this post forced me to think. What is actually the meaning of engagement rings? Without any sentimentalism? I see this as:
“I deposit money in valuables and pawn it to my partner, so she can return its value by e.g. selling it when our contract is terminated.”
I do not want to look like cynic, just want to get understanding of what it for and which economical effects it has. Precious metal prices are growing, but engagement rings do not look like a proper and mutually beneficial investment. So, I am also interesting are there any mortgage schemes available that can apply to me as a side in the contract or only woman has such a privilege?