Did he get ripped off?? E-RING

posted 3 years ago in Rings
Post # 3
Member
2047 posts
Buzzing bee
  • Wedding: May 2013

@Merinda1994:  blue Nile sells similar stones from $3500 – $5000.  I think he got a good deal. 🙂

Post # 4
Member
526 posts
Busy bee
  • Wedding: December 2014

Is the diamond Canadian by any chance? Canadian diamonds cost out the wazoo because they’re not considered to be “blood-diamonds”.

Post # 5
Member
3625 posts
Sugar bee
  • Wedding: July 2013

@Merinda1994:  I would say that it isn’t the best deal My look at Blue Nile suggests somewhere between $2800 to $3000. Where did he get it from?

Post # 7
Member
10219 posts
Sugar Beekeeper
  • Wedding: December 2012

I was going to suggest that you check out Blue Nile or Pricescope.  Either can give you a good idea “ball park” for what a Diamond with various stats is worth.

Just reading your written description (I didn’t check Blue Nile) I would say he did ok.

— — —

EDIT TO ADD:

I get your concern if he overpaid… BUT in reality there is very little you can do about it.  So best to just put it out of your mind.  He no doubt did the best he could with the knowledge he had at the time.

The last part of that statement is key… and WHY you’ll find so many of us here on WBee advising Brides & Grooms who haven’t bought a Diamond yet to do their homework… reading & research.  Diamonds are complicated… and Jewellery Stores / Merchants tend to be agressive (and sell on commission).  So ya unfortunately, mistakes can be made.

It will drive you nuts tho if you dwell on it.   And not much you can do… Diamonds are like cars when you drive em off the lot they lose a lot of value, are hard to exchange, trade, or resell without a significant loss 

 

Post # 9
Member
3112 posts
Sugar bee

@Merinda1994:  I don’t know much about diamonds, except that they are very $$$$ and it all depends on the specs.  Your ring is absolutely gorgeous! 

Post # 10
Member
1021 posts
Bumble bee
  • Wedding: September 2014

@Merinda1994:  go to websites like jareds and look at their prices of loose diamonds.  it should give you an idea.

Post # 11
Member
743 posts
Busy bee
  • Wedding: October 2014 - Our Backyard/Steakhouse

@Merinda1994:  Keep in mind that not all clear stones you see on here are diamonds.  There are also white sapphires, moissanite, asha diamonds etc.

Each gemstone has it’s own pricetag 😉

I would suggest getting an appraisal done to see what the value comes back as.  They are usually inflated for insurance purposes but so long as it comes in over your purchase price, I’d be happy.

Post # 12
Member
5483 posts
Bee Keeper
  • Wedding: October 2013

That sounds a bit marked up but nothing crazy!

Post # 14
Member
556 posts
Busy bee
  • Wedding: September 2012

@Merinda1994:  Your ring is beautiful! The specs are actually almost identical to mine. We actually got mine on Craigslist but it appraised for about $6700 so I think your guy did fine. 🙂

Post # 15
Member
3615 posts
Sugar bee
  • Wedding: February 2009

H&A and E colour, plus is it set…  I don’t think he got ripped off.  🙂  

Post # 16
Member
10219 posts
Sugar Beekeeper
  • Wedding: December 2012

@LDay1983:  Reply # 10

Good Post !!

TRUE – Not all “Sparklies” you see here on WBee are Diamonds

TRUE – An Appraisal (which you’ll need anyhow for Insurance purposes) is the one way that you will truly know what you have, and what it is worth at Replacement Value.

 

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