Estate seems to be an American term for second hand jewellery, maybe from a deceased's estate? In the UK we use the terms, second hand, antique and/or vintage.
An "estate" engagement ring is just like a normal engagement ring, except that it has already been part of an estate. Which means it was already owned by someone. Any "estate" jewelry implies that the jewelry in question has previously belonged to someone else!
Alfred A. Ring has written: 'Questions and problems in real estate principles and practices'
925 on a ring mean
Yes, if the estate lacks sufficient funds to cover its debts, the ring may need to be sold to satisfy those obligations. The executor of the estate is responsible for settling debts before distributing any assets to heirs. Depending on the specific circumstances and laws in the jurisdiction, selling the ring could be necessary to ensure that all creditors are paid.
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