(Closed) Need advice on price of engagement ring and diamond. Thanks!

posted 5 years ago in Rings
  • poll: Is the price...- if you say too high please let me know why :)
    Too high : (68 votes)
    65 %
    A great deal : (8 votes)
    8 %
    Just right : (29 votes)
    28 %
  • Post # 3
    Member
    3402 posts
    Sugar bee
    • Wedding: July 2013

    I think that sounds unbelievably high for a 1ct center not even in the total colorless range.

     

    Try a BlueNile.com search.

     

    As for the setting, do you have a pic?

     

    Post # 4
    Member
    3886 posts
    Honey bee
    • Wedding: September 2011

    I’m not familiar with the exact ring so I can’t tell you if it’s a good deal or not. And only you and your SO can tell you if that’s a reasonable price range for an engagement ring. While there’s the “three months’ salary” guideline on e-ring purchases, many (like myself) feel that’s just a made-up rule the diamond industry feeds us, to get us to spend more money. But your priorities amd financial situation are your own, and I don’t know where an $8200 ring fits in there. To give perspective, when DH proposed, I already owned my home, we each made over six figures, and he spent around $4500 on my e-ring, which really was about the top of the price range I would have accepted without fuss. Despite our strong combined income and low expenses, $8200 would have been unreasonable, to either of us, but this is just based on our own finances and priorities. 

    Post # 5
    Member
    1531 posts
    Bumble bee
    • Wedding: February 2012

    I think it’s a bit dear, but then again it would depend on the country you live in (I take it you’re American). You would likely do much better shopping online.

     

    Post # 7
    Member
    3402 posts
    Sugar bee
    • Wedding: July 2013

    @rd621521:  I definitely think you could do better, hun.

    You could source a larger stone and you could actually get a custom platinum full eternity halo setting for less than the price you are looking at now if you did your shopping online.

    If you want some help, you can message me.

    Otherwise, visit betterthandiamond.com and their forum because the girls over on those boards can help too πŸ™‚

    (for reference, did all my e-ring shopping online and got a custom setting, so I have a bit of experience. Here is the thread on my e-ring: http://boards.weddingbee.com/topic/custom-gabbie-halo-w-3ct-oec-amora-moissanite#axzz2P3Md6O1J )

    Post # 10
    Member
    1880 posts
    Buzzing bee
    • Wedding: April 2013

    @Kat: It does NOT sound too high for a GIA-graded triple-x cut quality diamond. It’s spot-on with the comps I’ve done.

     

     

     

    http://www.jamesallen.com/#!/loose-diamonds/round-cut//CaratFrom:1.00|CaratTo:1.10|Color:G|Clarity:VS2|Cut:Ideal,Excellent|PriceFrom:400|PriceTo:999000|

     

     

     

    OP, you COULD get more size for the money… but you wouldn’t be getting as good of a stone. Heck, if you went with a laxer grading lab, that grades things as G that would get I or J at GIA, and either doesn’t grade cut or has laxer cut standards too, you could get something that one paper was a G VS2 excellent cut, but if it’s not from a lab that has strict standards, that grading is really worth nothing. Honestly it sounds from your post that you have a nice stone at a fair market price. I really don’t think you could do a significantly lower price for the same quality without buying used.

     

     

     

    And re: the overall price – for a 1 ct ring with a not-super-plain setting, sounds about right. (I would probably not do that setting for that price, but it’s not an unreasonable price.) Whether that is a good amount to spend on it or not depends on your financial situation.

     

    Post # 11
    Member
    669 posts
    Busy bee
    • Wedding: October 2013

    Check pricescope… that will have the best comparison prices. Also remember with the setting you’re paying for the brand too…

    Post # 12
    Member
    3402 posts
    Sugar bee
    • Wedding: July 2013

    @rd621521:  You’re right. Sorry about that. See, I prefer lower colored stones, so I suppose I don’t have much experience with the stones in the G range. My point about the setting still stands, though. Or you could consider lowering your color standards and get a lot more stone for the money. I have to disagree with @distracts: as to the idea that if you change your stone’s stats it will be a “lesser stone.” Being a lower color is not a bad thing unless you love stark white stones. It does not affect the lifetime of the stone, or make it less durable.

    My personal favorite stones ever are antique cut stones, have you considered those? They can have great specs and be much cheaper. Check these out: http://jewelsbyericagrace.com/loose_antique_and_estate_diamonds

     

    Post # 15
    Member
    1880 posts
    Buzzing bee
    • Wedding: April 2013

    @Kat:  I never meant that a lower color was a lesser stone, but that a non-GIA-graded stone or a non-triple ex stone would be a lesser stone. I can see how I didn’t make it clear in my comment though. I personally prefer I/J. I assumed that, as with most people, they were pretty stuck on color/clarity but may move around in cut grade and lab. Most people don’t care what lab or cut grade a stone has as long as it has the color and clarity they want, so I was trying to dissuade them from making bad choices with regards to that. Color, I agree, is entirely subjective, and clarity pretty much so (but then my real passion is colored stones, where as long as it is eye clean, anything pretty much goes). Yes, you are right they could get a lower color/bigger stone, and that would be what I would do, but as the OP just updated, she prefers white-white.

    Post # 16
    Member
    5405 posts
    Bee Keeper

    @distracts:  +1

    OP, I think that’s a pretty competitive price, especially from a B&M store. 

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