I’m a diamond expert – why Molly-Mae shouldn’t give ‘cheating’ Tommy her £600k ring back & how much it’s worth now

Molly-Mae Hague and Tommy Fury got engaged last year

MOLLY-MAE Hague and Tommy Fury were engaged to be married, but following their shock split, what will happen to the diamond ring?

Gen Z’s were heartbroken to learn Love Island icons Molly-Mae and Tommy’s love story has come to an end.

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Molly-Mae Hague and Tommy Fury got engaged last yearCredit: Instagram
Molly-Mae announced that the couple have separated on Wednesday

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Molly-Mae announced that the couple have separated on WednesdayCredit: Instagram
Molly's ring is worth £600,000

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Molly’s ring is worth £600,000Credit: mollymae/Instagram..

But not as upset as Molly-Mae is after she found out her boxer-fiance “cheated on her multiple times”.

The influencer, who shares Bambi, one with Tommy, shared a heartfelt Instagram post on Wednesday, in which she revealed that the couple were ending their relationship after five years together.

She said that she “never imagined” that the couple’s seemingly picture-perfect romance would end this way and was “extremely upset” about the breakup.

Molly likely can’t look at the £600,000 engagement ring given to her by Tommy last year without feeling incredibly emotional, so just what is she going to do with it?

What will Molly-Mae do with her engagement ring now?

Rosie Lillis, founder of jewellery PR brand Rosie Lillis Communications, said: “[Molly-Mae] might look to keep it and hand it down to her daughter or alternatively…have it made into a new ring that she can wear on another finger.

“A number of the jewellers that we work with are seeing an increased demand for ‘divorce rings’ whereby clients are repurposing their old engagement rings into new pieces of jewellery – be it another ring, a necklace or a pair of earrings.”

But is it easy to take an engagement ring and turn it into something entirely different?

Rosie said it was “very easy”.

She added: “The diamonds or precious gemstones in the ring can be removed and set into a new design.”

Lindsay Ferguson, Marketing Director at The Diamond Store agrees with the idea of Molly-Mae transforming her tainted diamond into something new.

Tommy Fury’s Wild Nights and Family Time

She explained to Hello!With her engagement ending, we predict that she will repurpose her ring to create something new, fresh and liberating, such as a pendant necklace, or sell it to recoup some of its value and purchase another piece of jewellery equally as sentimental.

“It’s also a possibility that Molly-Mae may want to keep the ring and pass it down to Bambi as a sentimental gift that speaks to their mutual love for their child.”

Will Molly-Mae have to give her engagement ring back to Tommy?

Fans wonder whether she will give her engagement ring back to ‘cheating’ Tommy.

Considering how much the ring is worth, what does the law say?

Molly-Mae and Tommy’s relationship timeline

From Love Island to a diamond ring and baby – we look at how Molly and Tommy have got to where they are today.

June 2019: Molly and Tommy first meet on Love Island.

July 2019: Tommy makes things official by asking Molly to be his girlfriend.

July 2019: Molly and Tommy finish Love Island in second place.

September 2019: The couple move into a three-bedroom apartment in Manchester.

December 2019: Molly supports Tommy at his first boxing match since leaving the villa.

May 2020: Molly and Tommy turn 21 and pull out all the stops with dozens of balloons and lavish cakes to mark each other’s milestone days.

June 2020: The loved-up couple move to a new apartment just outside of Manchester city centre.

October 2021: Molly and Tommy fall victim to burglars. Professional thieves target their rented flat while they are away and they lose £800,000 worth of possessions.

March 2022: They buy their first ‘dream home’ together. Molly and Tommy warn they will only ‘share snippets’ of their pad following the burglary.

September 2022: Molly and Tommy announce they are expecting their first baby together. Alongside a sweet video, Molly says: ‘I can’t wait for the adventures that we haven’t even dreamed of yet.’

October 2022: It’s a girl! The couple confirmed they are having a daughter.

January 2023: Molly gives birth to baby Bambi on January 23rd.

July 2023: Tommy whisks Molly and Bambi on a family holiday to Ibiza. The couple get engaged after Tommy pops the question on a cliff top.

September 2023: At Home With The Furys drops on Netflix. The couple feature in Tommy’s brother Tyson’s reality show. Tommy and Molly come to blows over their parenting plans.

November 2023: Tommy is caught on camera partying topless with Chris Brown and unknown women in Abu Dhabi. Molly removes her engagement ring.

December 2023: Molly admits she’s ‘been through it’ but puts her engagement ring back on.

January 2024: Bambi turns one. Molly and Tommy celebrate with a lavish party at home.

March 2024: Bambi goes on her first skiing holiday to France with her parents.

April 2024: Molly and Tommy treat Bambi to a family holiday in Disneyland Paris.

Expert’s at Nelson’s Law said: “This is not just the case for engaged couples but also for couples that are getting divorced.

“The same general rule applies that the engagement ring was an absolute gift and should therefore be kept by the receiver unless there was a condition to the giving of the ring.

“If there are no pre-nuptial agreements and you are not able to resolve financial arrangements upon divorce or seperation, it is possible to ask the Court to adjudicate on the issue.

“Although given the high costs of litigation this should always be the last resort.”

So it really depends on whether Molly-Mae and Tommy had an agreement in place as to who keeps the engagement ring if they split.

Has Molly-Mae’s engagement ring increased in value?

There is a widespread misconception that diamonds are rare and become more valuable over time.

But the vast majority of diamonds are not an investment as their resale price is lower than their retail price, diamond experts at My Gemma say.

In fact, when selling a diamond you can expect to receive 25% to 50% of its retail price. And this price drop for second-hand diamonds can come as a shock.

However, “truly rare diamonds” do increase in value.

The experts noted they had to be “rare fancy coloured diamonds such as red, blues or pinks of exceptional quality and/or carat weight can increase in value”.

The same applies to exceptionally rare, high-quality, large white diamonds with perfect colour, cut and clarity grades. 

This is because incredibly rare diamonds are in high demand and limited supply, meaning that they will appreciate in value.

With Molly-Mae being so incredibly popular, her 7-8ct diamond could fetch more than the original £600,000 price tag.

When did Molly-Mae and Tommy get engaged?

Tommy got down on one knee and proposed to Molly-Mae in July 2023.

The boxer chose a romantic cliff side in Ibiza, decorated with hundred of roses to ask Molly-Mae to marry him. He even flew in her favourite singer to serenade them during the moment.

He presented her with a stunning 7-8ct oval cut diamond in a solitaire setting said to be worth an estimated £600,000.

Oval cut diamonds are said to represent uniqueness and individuality.

They are the second most popular diamond shape after round and it’s easy to see why – due to their elongated design, they appear much larger than other cuts.

Molly-Mae went onto reveal how Tommy set up a fake event so she wouldn’t be suspicious about where they were going. 

In an Instagram Story, she explained: “Just before we were leaving for a ‘brand event’ we’d both been invited to… 

“Fake invites, fake emails, notes in the hotel room from the brand, everyone playing along so unbelievably well… I’ve never known a surprise to be pulled off like this.

“I was COMPLETELY and utterly fooled.

“It was only when we pulled up to the ‘event and Tommy jumped out of the car and ran off and I was handed a letter that I realised all was not what it seemed,” she wrote.

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Molly is heartbroken by the split

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Molly is heartbroken by the splitCredit: YouTube
She could choose to sell the ring

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She could choose to sell the ringCredit: Instagram

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