Buying a Diamond in the Caribbean???

posted 3 years ago in Rings
Post # 3
8282 posts
Bumble Beekeeper
  • Wedding: July 2012

I bought my mom a diamond and gemstone necklace as a thank you for paying for my wedding while in the Caribbean on my honeymoon. I didn’t feel the price was higher than what I’d pay here. 

I say go for it as long as you can afford it and the price feels right to you. 

Post # 4
32 posts
  • Wedding: November 1999

@westcoast_girl:  I honeymooned in St. Thomas. I would avoid the central shopping in St. Thomas – EVERYTHING  (and I mean everything – except bottled water) is ridiculously overpriced.


I will say that we stayed at the Marriott resort and they have a “diamonds international” or some store with that name off of their lobby. Not sure if their shops are exclusive to guests staying there or not.


Anyway, they had pretty good prices. I think you can do better online if you know what you’re looking for but in terms of retail, I found it’s noticeably cheaper down there than it is up here. Most of it is the same quality as what you’d find in a Zales, Jareds, etc.


There is no sales tax (if I remember correctly) in St. Thomas but you will have to declare stuff through customs when you get back (which I think is stupid since it’s still a US territory).


ETA: If you’re on a day-long excursion type thing, I highly recommend going to the Shipwreck Tavern – great food withn reasonable prices for St. Thomas (excellent appetizers and hamburgers. I’d avoid their version of chicken parmesean, though). The restaurant is literally across the road from the central shopping areas and the high-end shops if you end up going there and will save you on the high taxi fees.

Post # 5
11772 posts
Sugar Beekeeper
  • Wedding: May 2013

@westcoast_girl:  If you go during the “low season”, Diamonds International basically gives them away!

They have to move 8 million in diamonds/gemstones EVERY DAY. They buy their diamonds directly from the mines!

So their diamonds are generally REALLY cheap– Way cheaper than in the states! And no taxes!

All but two of my diamonds/gemstones are from the Carribean!

Post # 7
1604 posts
Bumble bee
  • Wedding: September 2013

@westcoast_girl:  I was very excited about this “buying diamonds/gemstones in the Caribbean” thing when I went for the first time in 2009. I’d always wanted a pair of emerald earrings and my husband wanted a real diamond stud for his ear.

Well ….. either we’re much poorer than we thought or it’s all a giant joke lol. My husband was getting prices in the $5k range for one 1/2 – 1 carat diamond earring. And my emerald earrings? Forget it. One pair would have been my entire paycheck.

IDK ….. the prices on the islands seemed pretty much the same (or sometimes even more) than boutiques at home.

I guess their big selling point is that you don’t have to pay taxes on the islands like you do in the US.

But I guess it all depends on your budget/perspective.

PS: Which cruise line are you going on? We took this exact cruise to those islands in 2009 on Princess. I highly recommend Meagan’s Bay (beach) in St. Thomas. And Grand Turk is PHENOMENAL. Jimmy Buffet has a Margaritaville there and it’s amazing. The beach is breathtaking.

Have a good time!!

Post # 8
10219 posts
Sugar Beekeeper
  • Wedding: December 2012

Mr TTR & I have been on several cruises… and my honest to god opinion is I would not buy a Diamond / Diamond Ring in the Caribbean.

You hear stories about how great the deals are… but things are often a lot more “sketchy” on the Islands than they are here at home (many Islands being not 1st World Countries.. and lacking Consumer Protection Laws etc)

You truly have NO GURANTEES that what the Merchant is telling you is true… and they know for the most part that if you have come in on a cruise, that your time to make a decision is a very short window (talk about HIGH High Pressure Sales Techniques !!)

That said as a Jewellery Lover, I never go the Caribbean and come home empty handed.  I do a bit of research here before I go to get an idea of what sort of thing I might be in the market for and what current prices are like…

Gold Chains – Silver Chains – Earrings – Charms – Watches etc

So I can tell right away if something is a good value or not…

Example, last trip I found a good deal on Gold Earrings – and Gold Chains

Slim pickings on Silver – Prices similar to here for Pandora Bracelets & Charms – and a Watch I had my eye on was actually MORE in St Thomas than it was here at home.

Unless I know specifically what I am looking at is the REAL thing and a REAL deal… I go shopping with the same way that I approach a Casino

I come to the table with so much money… and I realize that I could lose it all… or actually win more

So make a poor deal on something that I bought cause it was pretty (makes a nice souvenir) OR I buy something I love on vacation that later turns out to be a HUGE BARGAIN

But whatever the choice, I never buy unless I have already told myself that I am prepared to lose the value entirely

I’ve got some great deals in the Caribbean over the years and mostly on Jewellery that had some local element / feel to it (particularly so in St Thomas USVI- Saint Maartens – and Barbados)… Gold Earrings (less than half price vs here) – a Silver Chain – a Silver & Cz Charm – Black Coral Earrings – Blue Fire Opals (these are typically synthetics… vs naturally occuring one) etc

Hope this helps,


Post # 9
3596 posts
Sugar bee
  • Wedding: April 2013

I been to St. Thomas and a few other islands. They are cheaper then the ones sold in the states. From what I understand it’s because they don’t pay important/export taxes, they buy wholesale, and they also don’t charge their customers taxes.


You can definitly buy a ring for cheaper then you would in the states. My advice to you is look up a few different rings and prices, and see the price difference.

Post # 10
540 posts
Busy bee
  • Wedding: July 1993

Buyer beware! You get what you pay for.  Do your homework if you want a beautiful sparkley diamond.  Saving a few bucks is not worth it. Go to See what a quality diamond is all about, and then make your purchase.  NOBODY gives anything away.  You will pay what the diamond is worth.  

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