Post # 1
I’ve been looking through ring pictures on here and I can’t help but notice rings that seem a lot larger than mine costing a lot less… I’m wondering if my Fiance’ got ripped off???I usually don’t like posting about price and all that but I don’t know a lot about jewlery at all and I am legitimately concerned.
My ring is a round brilliant solitaire, .78 cts, excellent cut, hearts and arrows (if that matters), E color, SI2 (I have looked at it under a gem scope and I honestly didn’t see any inclusions). He paid $4,500 just for the loose diamond. It is a BEAUTIFUL ring, I LOVE it, and it sparkles like crazy. But if he paid more than he should have I am concerned about it.
Post # 3
@Merinda1994: blue Nile sells similar stones from $3500 – $5000. I think he got a good deal. 🙂
Post # 4
Is the diamond Canadian by any chance? Canadian diamonds cost out the wazoo because they’re not considered to be “blood-diamonds”.
Post # 5
@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 # 6
@Nostawyn: I honestly have no idea if it’s canadian.
Post # 7
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.
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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 # 8
@Pollywog: he got it from reeds
Post # 9
@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
@Merinda1994: go to websites like jareds and look at their prices of loose diamonds. it should give you an idea.
Post # 11
- 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
That sounds a bit marked up but nothing crazy!
Post # 13
@LDay1983: I know! I was looking and it seems like so many people with larger rings paid a lot less, but I don’t know the quality and all the details either. It seems like a lot of people get their rings from online sites as well, I was always scared to do that.
Post # 14
@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
H&A and E colour, plus is it set… I don’t think he got ripped off. 🙂
Post # 16
@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.