Upgrade Help…2ct?

posted 3 years ago in Rings
Post # 3
Member
1625 posts
Bumble bee
  • Wedding: June 2014

@CTLBride:  Are you able to trade in your diamond where you got it from? Otherwise, it doesn’t matter what it appraises for.. you won’t be able to sell it for 10k. You’re probably looking at 20k for a 2ct with decent stats.

Post # 4
Member
1312 posts
Bumble bee
  • Wedding: June 2012

17-22K depending on specs for a nice eye-clean stone. Just did it last month!

Post # 6
Member
305 posts
Helper bee
  • Wedding: December 2013

@CTLBride:  if they’re willing to exchange for credit they’re the best to talk to about what stock they have available 

Post # 7
Member
1951 posts
Buzzing bee
  • Wedding: February 2014

@CTLBride:  Diamonds increase exponentially when you hit big marks like 1.5 and 2.0. I’d bet a really high quality round would be over $20k. Try websites like James Allen for an estimate. I have a 2 ct stone, but have no idea how much it cost! Sorry!

Post # 8
Member
4468 posts
Honey bee
  • Wedding: April 2013

@CTLBride:  That’s awesome if they buy it back for the full purchase price!  Agreed with pps- $20k would be a reasonable amount to budget.

Post # 10
Member
434 posts
Helper bee
  • Wedding: August 2014

@CTLBride:  Did you purchase the ring for $10,000 or was that the appraisal value? There maybe a difference between the two as appraisers are known to inflate values for insurance purposes.

Post # 11
Member
3200 posts
Sugar bee
  • Wedding: August 2011

@CTLBride:  What your ring appraises for is usually hire than what you actually paid for it.  You will need to find the amount that the diamond was paid for to know what amount you would need to upgrade your diamond.

Post # 13
Member
434 posts
Helper bee
  • Wedding: August 2014

@CTLBride:  From what I have looked at, the jeweler will probably just give you credit for the diamond that you trade in, not the setting. 

Post # 14
Member
434 posts
Helper bee
  • Wedding: August 2014

@CTLBride:  I would love to know how everything works out because I would like to upgrade my 1.51 carat diamond to a 2+ carat diamond of the same quality in a few years. 

Post # 15
Member
3617 posts
Sugar bee
  • Wedding: February 2009

You are best to go back to where you got it.  They will likely credit you for the price you paid, but most places require you pay the same again for the new stone, so in your case it would be a $20,000 stone.  which is about what 2ct costs anyway.

Post # 16
Member
263 posts
Helper bee
  • Wedding: July 2003

I would think for a nice cut clarity color you are looking at 25,000 not including your $10,000. If you upgrade your ring to the place you bought it from they will usually give you the $10k to use towards your new ring. I am getting this info from upgrading myself to over 2 carats. 

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