Post # 1
Now that I have my engagement ring, I haven’t the slightest clue what to do! It needs to be sized, because it’s about an entire size too big (don’t you just love the way men listen to you when you tell them pertinent information?? Hehehe), so I was just going to take it to Kay Jewelers to have it sized.
Do I get it appraised/insured before getting it sized? Does Kay Jewelers do that stuff? Would I pay more at Kay’s than if I went to an independent jewelers? There is an independently owned jeweler in my area that I think has a pretty good reputation, but does “independently owned” translate to “more expensive”?
Any information would be greatly appreciated. I don’t want to risk anything happening to my precious solitaire now that I finally have her!!
Post # 3
@inkedbride: I would get an appraisal first just in case something happened when getting it sized. Maybe contact your insurance company and ask them who they would recommend as an appraiser. Last thing you need after paying to have it appraised is your insurance company telling you that that particular appraiser isn’t qualified to their standards.
Post # 4
My fiance bought my ring from Jared’s, so I am able to go there and get it resized anytime for free. Did he buy your ring at Kay’s because they might have the same policy? Also Jared’s brings in an appraiser every month or two, so I had to set an appointment to get it appraised (this was also free). I called my Insurance company right after he proposed and they asked that I get an appraisal before I could put it on my policy… so I would suggest doing that first. But your Insurance company may do things differently, I would just call them and ask 🙂
Post # 5
You will need to have it appraised to have it insured, but most jewelry stores should have someone who can do this (have your FI call the store he bought it at because many will provide an appraisal with the ring). My e-ring and is insured through Jewelers Mutual, and we will insure the wedding bands through them too, when the time comes.
Post # 6
Get it insured just to be safe and if you bought it where you are getting it sized they should do it for free.
Post # 7
I would get mine insured before having it sized. It’s unlikely that something will happen, but you never know. If it were me, I would choose an insurance company that writes you a check rather than gives you a credit to use with a jeweler. I had my wedding set (which, sadly, I lost) insured through Jeweler’s Mutual. The company was great, except for the fact that you have to choose a jeweler upfront then they pay the jeweler directly for the replacement. This means your options are limited. If you choose something that is less expensive, you just lose the balance. If you went with a company that writes you a check, you would be able to choose something at any price and simply keep the difference (if your choice happened to be less). Also, the replacement credit policy can only be done with a jeweler, which means you can’t buy anything secondhand from an individual (which is an excellent way to get a good deal and find estate pieces). All in all, I don’t like my options to be limited. I like to make the best choice for the money I have to spend and what I want without worrying about it fitting into certain parameters. Jeweler’s Mutual has been great to work with, but I’ll choose another company in the future because this policy doesn’t fit with my desire to have flexibility.