- 3 years ago
Good afternoon, everyone!
I’m here to ask for your opinions and expertise about bargaining for a great price on a diamond. Basically, I’d love to know how you were able to get a deal. What sort of a great price were you able to snag?
I’d also like your opinions as to what would constitute too much of a “lowball” offer for the kind of stone I have in mind. I pretty much have my mind made up about what I want, and I’m giving the specifics below.
First, I am shopping at Diamonds Direct in NC. They have a HUGE selection of diamonds, and I know they have pears in the range I am looking for. I have already been to look once.
I’m looking for about a 1.3-1.5 carat pear. Any color F-I is fine with me. Ideally, I’d want VS2-S1 clarity. An excellent cut is a must-I want a sparkler!
I am also looking to buy my setting from them, and I already know what I really like. I made another thread recently where I posted the setting I loved–it is from the Sylvie Bridal Collection and is around $2,800. I am going to tweak the setting a tiny bit by making the halo just a LITTLE bit smaller, and I will also want a yellow gold band. (http://boards.weddingbee.com/topic/pear-halo-what-do-you-think/#axzz2xlcHPblg is the URL for my post)
When I looked before, 1.5 carat diamonds were about 8-9k with the sort of specs I was looking for. I am not set on a 1.5, though, and have seem some 1.3s that look pretty dang large to me. (IMO, many pears “face up” big!) Diamonds Direct is a wholesaler and they supposedly have their own mine, thereby cutting out the middleman (but I’m not sure about the specifics of all this). I have looked at quite a few places for loose diamonds, and they do seem to have the best prices.
Let’s say their listed price for a 1.3 carat stone was 7k. And the setting is 2.8k. Would it be ridiculous if my boyfriend just made an offer along the lines of, “Look, my family has shopped here for many years, and I plan on being a lifelong customer. We are not flush with cash right now as we are in law school (him) and dental school (me), but we hope to be able to make many more purchases in the future. Also, from my research, I’ve gathered that a pear is not a big seller right now, so inventory probably isn’t moving too fast. I will wire you the money immediately if I can have the ring and setting for 6.5k.”
I don’t want to offend them. However, I KNOW people get killer diamonds for a great price. My Mom, for example, got a 2 carat, F-color, excellent cut, VS1 marquise diamond from Diamonds Direct for 6.5k. Its sticker price was 14k. They were willing to offer a huge discount because 1) my parents were willing to walk and 2) marquise cuts are so unpopular. Like my Mom and Dad, I am also willing to walk if the price isn’t right. When my Mom said “no” to their intial price, and they asked her what she would be “comfortable” paying. She said 7k. The manager said he would actually give it to her for 6.5k because they can barely ever move a marquise! She got an outrageous deal, for sure.
So… how would/did you go about bargaining? 🙂