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I think that is definitely overpriced. Platinum is expensive, but not that expensive! I would shop around. Are you opposed to purchasing online?
@sweetie77: No i don't mind buying online but i'd prefer to do it in person just because i'd like to meet the person making it. There is 2 more Jewellers left in my town so i'm still hopeful :P I'm going to my favorite one tomorrow morning and hopefully it works out well :)
Would it be weird if i showed him the quote from the other Jeweller?
I think it's a little over priced too.
I've only looked at sapphire rings online, but I don't think I've seen many for that much.
Online does tend to be cheaper than in store, as far as I'm aware. Also, it may be an option to look into lab made sapphires. That should bring the cost down quite a bit. :)
It is a very pretty ring.
That is hugely overpriced. I have looked at a lot of rings online (I found my own e-ring, since I didn't want to put my fiance through that, lol) and I've seen many similar rings for a lot less. Halo style with semi eternity band is very popular; I would shop around. I think the most I've seen a ring like that for is around 4k on Etsy.
@Tunacupcakes: The one i found online for $2,500 also has a retail store and i'm willing to go up there to get it if i need to! :P I'll look into Lab Sapphires, The thought had never occurred to me. Thank you.
@windego: I've seen some beautiful ones on Etsy for like $2000 (without the centerstone) But i thought maybe the price difference was because they're based in America instead of Aus
you'll be surprised how much of a discount you will get when you ask how much for the ring in cash.... good luck and its quiet over priced
@choolove: Thank you ^^ We should be able to pay cash, I'll have to remember that :)
@Blue-Bird: no problems at all, my FI got mine from a shop in parramatta that gives defence disccounts. My ring set plus diamond is valued over $12000 but we paid a total of just over $4000 for the lot and all in cash... hope you find that special ring
@choolove: Wow! We're going to Parramatta for my Birthday which is actually your wedding day :D (October 29th) maybe we should get a ring then :P Although i don't know when he's proposing and he said he wants it made ASAP so he knows it's ready
That does seem like a lot. Jewelry in Australia is definitely more expensive than online stores and America as well. We got my engagement ring online for this reason. If you don't like that option, which I agree could be tricky with sapphires as seeing their true colour online could be harder than a diamond, then you guys should consider booking a weekend away and go interstate to look at the cheaper rings... you'd get a romantic escape and a beautiful ring and it would still be way less! Also white gold would potentially half the cost, but surely your jeweler mentioned that!
That's a gorgeous ring by the way! (i'm a fellow blue sapphire ring girl) It's insanely over priced though!
I'm not sure it's fair to say it's overpriced based on this info. Was the setting only $10,000? Or did that include the center stone? If so, a decent sized sapphire that has a desirable color (pure, no modifiers) can command a very high price. If the stone is unheated, it is rare and valuable as most sapphires on the market have been heated to stabilize color. Some are even dyed. Stones that are dyed will fade over time, and sapphires subjected to high heat can have durability issues. I highly advise if you're going to get a sapphire, read up on the treatments they undergo and insist on that stone being as natural as possible. Don't let people sell you a hunk of dyed gravel, they will try!
Unfortunately that is not over priced in Australia, a lot will depend on the quality of the stone. My .92 radiant cut clarity = SI1 colour = D diamond ring in white gold not platinum was $8000 my band has 10 very small diamonds in white gold and was $2000, I was quoted $8800 for the e ring in platinum and $3000 for the band to be in platinum. The prices in the US are so much cheaper ( same for everything) my wedding dress Maggie Sottero cost me $2000 and sells for $800 in the US and myBagdley Mishka shoes sell for $600 at Cinderella Bella in Melb and I purchased them onlind from the states for $220 plus $80 postage.
I would definitely shop around. For some reason some stores seem to jack up the price of platinum like crazy! My e-ring is platinum with 10 small diamonds in the band and the setting itself was only like 1200 I think. When I was shopping for my wedding band I found a pretty pave band in white gold marked $500. I asked the jeweler how much it would be in platinum he told me $4,000. Ummmm f that! I went some place else (bluenile.com) and got a similar band with a higher diamond weight and paid $1,000.
@Mytwobunnies: Yea i told him if we can't get one here we can go up to Brisbane for a weekend and get it from the Jeweller up there :P
@tiffyb24: Thanks :)
@KatyElle: The price was for just the setting. I didn't know about the dye but i knew about the heat treatments, I'd like one as natural as i can get :)
I've seen similar rings online for less, but don't forget that if you buy online from overseas you'll have to pay GST on top, which could cancel some of the savings :(
@simpleandchic: Apparently the Platinum prices have dropped, I was talking to my Grandad about it and he said Platinum should only be about 25% more than gold at the moment, So i'm hopeful :P I may have to look at getting my dress overseas :P
@CorgiTales: There is 3 Jewellers in my town that do custom stuff :P Hopefully they're nice to me :P Thats a huge difference in price for your wedding band! Shopping online keeps looking better lol
@Blue-Bird: Wow, just the setting huh?! Platinum has become so expensive, I wanted platinum for my ring too but it was going to be almost $1,000 more... ugh!
Glad you've done your homework about heat treatment. Personally I like the "silk" of a natural sapphire. It makes them absolutely glow.
@so_said_ellie: It included the ones around the halo but not the centerstone, and i know that those diamonds around it couldn't be more that $500
@KatyElle: I'm worried i'll add more cost with my fussy-ness for the Sapphire, Because i don't know what i like until i see it lol
My ring is platinum and has a really good 1 ct diamond and is valued at about that. I don't think FI paid that much though. So def. overpriced!
I am not sure about the prices in Australia, but it would be way overpriced in America. DH originally wanted a platinum ring until he found out that a plain white gold band was $1,200 and a platinum band was $2,500 and a men's band has much more metal. I have a 3ct shared prong (flawless diamonds) in platinum and with the diamonds included it cost us a little over 5k.
@bluebird I would recommend you work with the Natural Sapphire Company. My FI is in Holland and so his choices were limited and I got a recommendation from one of the bees here to try them and I can tell you the ring my FI designed with the jeweler is AMAZING. She was very responsive, sent photos, and just made the process a dream for him from start to finish. Their showroom is in NYC where I am, but my FI did not allow me to even visit as he wanted to do everything himself. I had no say, but saw the emails after the fact. Here is a picture of my ring and the website

That is over priced! wow !
Are you set on platinum? have you looked into palladium ?
@Blue-Bird: omg, that ring is GORGEOUS! but probably not worth $10,000. I'd keep looking if I were you-- however, don't be tempted to cheap out too much! quality craftsmanship is key, you don't want those little side stones falling out!
some jewelers are SO expensive! a local jeweler in seattle quoted me $1,100 for a white gold and white sapphire 3/4 eternity band! no way. it didn't have diamonds, and it was not a custom design. I'm sure they had a template for it. I thought it was a ridiculous price.
That ring looks exactly like the Tiffany Legacy ring set with a 1 carat sapphire, which TIFFANY's sells for $10,000 here in the US. So yes, I definitely think its overpriced! You can definitely get that setting elsewhere for much cheaper.
Thanks everyone :D
I saw a different Jeweller today and he said he can do it for around the $3000 including the centerstone (the price will depend on the stone i chose but i told him we'd probably spend between $500 - $1000 on it)
@Blue-Bird: Fantastic! Glad to here you found someone sensible. It sucks that stuff is more expensive here in Oz. :(
@DutchBride21: Your ring is amazingly beautiful! I LOVE ovals, you are such a lucky girl. :)
@so_said_ellie: I think we're classed as Rural, I'm Just outside of Coffs Harbour (halfway between Sydney and Brisbane)
I'm a little worried because he hasn't worked with Platinum for a ring before, So hopefully it'll all work out :D
@Blue-Bird:Platinum in jewelry is usually 2x the gold price, even though raw platinum is only around 10% more expensive than (24k) gold.
If you find it in gold for 800, don't let him charge you over 1600.
Did the price include the small diamonds, or just the platinum?
Glad you didnt buy it yet!
@Blue-Bird:Ooops, finally read your update! Good research, lady, glad you found a better jeweler!
A plain platinum band for $5,000?! Even Tiffany sells plain platinum bands for less than that ($1550 AU)! And you'd better believe they're marking it up! That's insane!
I'm so glad you found someone reasonable. Let us know how the ring turns out, I'm sure it will be beautiful!
dont forget that AUS$ is not worth as much as US$ beofre making a comparison.
i would think that the ring is way overpriced, just get the cheaper one and source the sapphire from elsewhere
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My BF and I went into a local Jeweller today to talk about getting the ring made.
I told him i wanted a cushion cut Sapphire in a Halo setting in Platinum, Like this:
He told me it would cost $10,000 because it's in platinum. He said he made a plain wedding band in Platinum and that was $5,000.
I'm weird and never buy anything without research so i found a ring very similar to the one pictured for $2,500 in Platinum but without the stone (which i'm sure won't cost $7,500!) But the Jeweller that has that ring is in another state (Queensland and I'm ion New South wales, Australia)
I'm not sure if because we're both in our early 20's he thought he could try and jack up the price or what.
So is it just a difference in the state prices or is he overpriced?