(Closed) Different prices for diamonds in different parts of the US/world?

posted 6 years ago in Rings
Post # 3
Member
108 posts
Blushing bee
  • Wedding: September 2012

My engagement ring has a .56 centre stone and it was bought in Australia… it was priced at $3999 and my fiance got it for just under $3000 🙂  I feel like that’s still crazy expensive… I wish I had of known about Moissy and I just would have got that!!!!  My car didn’t even cost $3000.  Crazy… just crazy.

Post # 4
Member
2894 posts
Sugar bee

My stone in the states would have run us in the 7-8K range back home, but we bought it in the Bahamas for 4K (after some hard negotiating). I’ve heard of diamonds having different price points in different countries but I was never sure why that was the case. Supply and demand issue? Taxes? Who knows. 

Post # 5
Member
343 posts
Helper bee
  • Wedding: August 2012

Not sure how much mine cost, only that H2B had to extend the credit card limit to buy it (which was fine, he could afford it!) and that was GBP2000 – approx USD3200. I think the price was likely close to GBP3000 (USD4800). It’s a VVS1 0.64 carat from memory, brilliant cut in a 2mm platinum band (size L.5 – US size 6)

Post # 6
Member
8325 posts
Bumble Beekeeper

It is all tied into the economy of the country that you are in. For example like @Future Mrs Armby:  said things cost more in Australia so therefore rings would be expected to cost more. In the states things tend to cost less than other developed countries so I would expect a diamond to cost less. It is not only the price of the gem itself but the overheads of the business so wages, rents, taxes etc.

Post # 7
Member
108 posts
Blushing bee
  • Wedding: September 2012

Yeah… we recently went a trip to the USA and were SHOCKED at how cheap things were… our dollar is essentially worth exactly the same – before I started teaching I was making minimum wage working in a liquor store ($21.00 per hour)… we went to America and we were in HEAVEN.  Things we’d pay $100.00 here for (like running shoes) were like $55.00 in the US.  We felt like Kings.

Post # 8
Member
8325 posts
Bumble Beekeeper

@Future Mrs Armby:  lol I know. We got married in the states and saved a fortune. But in relative terms the $21 you got in the liquour store in OZ would only be $6 in the US! Hence the cheap prices on everything else (I mean cars in OZ can cost the same as a house in the States!)

Post # 9
Member
108 posts
Blushing bee
  • Wedding: September 2012

@j_jaye:  I attempted to get married in the States to save a fortune but apparently Hawaii is like a mini Australia (everything costs so much more than the mainland!).  Oh well, it’s all relative 🙂  And thankfully now I am a teacher in OZ where teachers get paid what they’re worth instead of being in America making next to nothing!

Post # 10
Member
133 posts
Blushing bee
  • Wedding: March 2012

I bought original ring from Bluenile and it was a lot cheaper than buying a good quality diamond ring here in NZ

Post # 11
Hostess
7561 posts
Bumble Beekeeper
  • Wedding: January 2013

Jewelry is about 2x more expensive here in Korea than in the U.S. I’m guessing it’s import taxes as Korea has protectionist tariffs. 

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