Cubs envoke $1 buyback for World Series Rings

[whitehse]

Originally Posted by sports-rings

sorry, I'm late to this marvelous post!

While the employees had to promise not to resell the rings they are allowed to gift them to family members. And like it was mentioned earlier, there are probably no restrictions on family members selling them.

I hate to put a price on everything, but since we are discussing this, the employee rings will be smaller, and many of them will contain non precious metals and stones.

Non precious metal and stones, and a smaller size, will cause these rings to sell for less than $1,000 in the market place until enough have sold to satisfy demand and at that point, prices will continue to go lower.

Just look at the Yankee 2009 rings given to ballpark ushers and vendors. They can be had for a few hundred dollars.

I can personally vouch for the fact that the front office rings are not smaller....



The information I have is that the gold content is a little different from what the players received but most everything else is the same. My contact is having his appraised by a jeweler and I can report back later his findings if anyone is interested. This is one beast of a ring!!