Engagement Ring Upgrade Logistics

posted 3 years ago in Rings
Post # 3
Member
2927 posts
Sugar bee
  • Wedding: January 2011

@MrsSF:  Go to the store/jeweler you bought the original diamond from and they usually will give you back what you originally paid for it if you spend twice that same amount for your upgrade. (Usually) But some jewelers have different policies

 

Post # 5
Member
2927 posts
Sugar bee
  • Wedding: January 2011

@MrsSF:  That was the policy when we upgraded (at the jewelers we went to). My DH originally spent $2500 on my e-ring to propose with…about a year later we went in and upgraded to a diamond that was worth 6,000 (It had to be worth at least 5,000). So we had to at least spend another $2500 (the difference) to get that original $2500 credit.

Post # 6
Member
209 posts
Helper bee
  • Wedding: September 2015

That is typical. Other stores offer a 65% buyback. However, both would require you to go to the original store.

Additionally, depending on the shape, the difference between a 1.5ct and a 2ct would require at minimum changing the head of the ring– if it is a custom piece that was cast for that stone, you won’t be able to just pop another one in there that is larger. You’d have to have the ring remade.

This is why upgrading either involves a new setting for the same diamond, or a completely new ring– but almost never is a larger diamond in the same settings, since most high quality settings are made for a particular stone.

Post # 8
Member
7997 posts
Bumble Beekeeper
  • Wedding: December 2013

Like PP have said, you need to look into your store’s particular upgrade policy. It’s not as easy as giving the diamond back and paying the difference. What will they do with the “used” diamond? And you’ll likely need a new setting as well.

1.5 to 2 carats isn’t a MASSIVE difference… so for all this effort I would go even bigger if you can.

Post # 9
Member
282 posts
Helper bee
  • Wedding: March 2014 - Glen Sanders Mansion

@MrsSF:  it totally depends on the store individual policy. Some big chain jeweler require that you spend twice the amount of the original stone. The jeweler my ring was purchased at will give us the original purchase price as a credit, and we can upgrade to any size stone, even if it only costs an extra $100.

Post # 10
Member
301 posts
Helper bee
  • Wedding: May 2014

Don’t get discouraged just yet, MrsSF.  Contact the store where your husband got the ring and find out about their upgrade policy and whether your current setting can accomodate a bigger stone.  Be aware that if you try to upgrade the stone elsewhere, you will likely be credited for significantly less than the diamond cost in the first place, that’s just the nature of the business.

Post # 11
Member
11772 posts
Sugar Beekeeper
  • Wedding: May 2013

Definitely talk to our jeweler! He might have made the prongs long enough to handle it!

Post # 12
Member
78 posts
Worker bee
  • Wedding: September 2014

I am upgrading mine soon, too. Our jeweler buys back the diamond for what we paid for it and we can purchase any new diamond, even if it’s only a small amount more than the original (mine happens to be twice the price of the original so it just worked out that way). Also, they will take apart the setting and remake it to fit the larger stone- sometimes using new metal if they need it or melting down the original metal and recasting it. My jeweler will even buy back diamonds that were purchased elsewhere and put the cost towards something at their store- so definitely check before jumping over to an online site!

Post # 13
Member
209 posts
Helper bee
  • Wedding: September 2015

@BrandNewBride:  Has very little to do with the length of the prongs.

for example, an ideal round brilliant that is 1.5cts is roughly 7.5mm and a 2ct is 8mm. That’s not that big a difference. However, a 1.5ct princess is roughly 6.5mm and 2ct is 8mm. So it depends on the shape, the cut, etc whether she can buy a bigger diamond and have it fit in the same setting. When the original stone was set the prongs would have been trimmed to set the stone, so it’s unlikely that the jeweler made the prongs long enough to accomodate a .5ct difference. Unless the prongs on the current ring are huge.

There’s a lot more to setting a stone securely than having prongs to attach it with. If it’s too far from the basket or too wide in the basket the stone will come loose all the time.

Post # 14
Member
611 posts
Busy bee
  • Wedding: March 1988

Definitely check with your jeweler. I heard a radio ad yesterday for The Shane Co. They have a $1 more than the original price policy… your jeweler might have something similar.

“Upgrade Promise – Only $1 More  Upgrade any Shane Co. diamond, ruby or sapphire for only $1. You’ll receive the full value that you paid as credit toward the purchase of any other gemstone of greater value. It is just one more reason that Shane Co. is your choice for loose gemstones — keeping your future in mind.”

Post # 15
Member
3614 posts
Sugar bee
  • Wedding: February 2009

Every jeweler has their own policy on upgrades, but you will have to go back to wear you bought it.  If you take it elsewhere, you will likely get 30% of what he initially paid.  

And you may need a new head.  It is not just the length of the prongs, but the angle of them.  But your jewewler will be able to look at the setting and new diamond, once picked, and see what has to be done to make it work.

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