Post # 1
Here’s the deal. My SO and I found an amazing setting at Shaneco the other day and we had planed on setting it with a 1ct. moissanite. The girl there said that they charge $3 per point (100 points = 1ct.) So it would be 300 dollars to set! The stone itself cost only $400. So we’d be paying 75% of the cost of the stone just to set it! Is this normal?
I origionally told my SO that moissanite would be fine and I’d love it! But after hearing that, and for $700 more,
-we could get a diamond
-it would be insured by Shane
-no setting fee.
Am I being spoiled for asking for a diamond? Or is it totally crazy to pay $300 to set a stone that isn’t insured and can’t be changed if I desire without the full cost again?
Here is the link to the ring if anyone is interested. http://www.shaneco.com/Jewelry-Catalog/Design-Your-Own/Rings/Engagement-Rings/Product-Detail.aspx?ST=Vintage&Metal=White-Gold&Engagement-Ring-Type=Single-Ring&X=41053576
Is is still within the budget he set of 3k to get a .71 carat diamond in the setting.
What do you girls think?
Post # 3
You need to go check out other places to have your moissy set. $300??????
Post # 4
@vorpalette: Yeah it seemed like a lot to me too. If I don’t get it set at shane, it voids the warrenty. I don’t know what to do. ><
Post # 5
No way I am getting mine set for $40…go to other places!
Post # 6
Yikes that is pretty steep. :/
Post # 7
The warrenty should be on the setting, the stone is separate, they are trying to get over on you.
Post # 8
@Epicpooka: That’s crazy! Mine was set for free with the setting. I mean, they’re already making the ring anyway, right?
Post # 9
@Epicpooka: If you want a diamond get a diamond. But if you want a moissy don’t pay anyone that kind of money. When I had moissy set in my ring it voided the warrenty, but I got a new one for the stone and head from the store that set it, and I don’t foresee anything happening to the band, and if it does I’ll deal with it then.
Post # 10
That’s unheard of. $25-$50 sounds more normal for a setting fee.
There is no reason in the world to spend $300 for Shaneco to mount a moissanite.
Post # 11
Thanks! I thought it is ridiculous too. I don’t want to void the warranty. The other thing is I can SEE THE DIAMOND in store, and although they have 2 moissy in store for training purpose, they wont show them to me! I don’t really want to buy a moissy without seeing it. >< Ugg, did I just get talked into the “diamond is an investment” scheme?
I’m stuck, void warranty with a stone i’ve never seen, or throw in the extra 700 for an actual diamond which is upgradable at a later date? Or sapphire for that matter?
Post # 12
First of all that is a gorgeous ring. I love the profile. Very beautiful.
As far as the setting fee is concerned, it is very steep in my opinion. But something to consider if you decide to have someone else set a Moissanite. Many/most of the jewelers who charge in the $25 – $50 range as another poster mentioned will often take no responsibility if the stone chips/breaks during the process. Therefore its done at your risk. This is what many jewelers fail to mention when they quote low prices.
My company will set Moissanite in jewelry / rings customers send us, and our fees tend to be very low, but that is also because the customer is purchasing the stone from us. If you get a 3rd party jeweler involved (from which you are neither purchasing the stone or the ring) expect high fees or assuming the risk if something goes wrong.
If you decide to go the Moissanite route and not from shaneco, buy it first so you can see it in person with the ring, and then have them set it. Take the money you saved by not paying $300 for setting and insure the ring via Jewelers Mutual. You should be able to pay several years premiums on the savings alone.
Post # 13
@Epicpooka: since you asked, no of course it’s not spoiled to ask for a diamond! Diamonds are the standard, & are what other clear stones are compared to. Diamonds are billions of years old, natural from the earth, gorgeous, and each one is unique. Absolutely would pay the extra $700 and get the real deal over a simulant. No contest!
Personally would never want an assembly line man made diamond look a like in something as important as a wedding set. Not knocking those who have simulants. different strokes for different follks. I totally get their appeal. They are a lot of bling for the buck.
Large, high quality, sparkly, ethically source diamonds are out there but they cost more than many are able or willing to pay.
PS. yes think $300 is high, but they are taking a risk in stone setting, damaging an actual diamond would cost them plenty. So even though yours isn’t a diamond, they probably just have a set price.
Post # 14
@mikec: That’s a good idea. One thing that I don’t like about it though, if I ever decide I want a different size, trade to a diamond, reset or anything of that sort, the 700 already put it is not an “investment” it’s down the drian.
If I buy a diamond, all the purchase price will be put towards the new stone/setting/upgrade
Another thing to consider, I really love the idea of the doubly refractive shine of the moissanite! But, since I havn’t seen it in person, I really cannot decide. ><
@gemgirl6: I know, I’m leaning the same way! But, i’m partial because I have only seen the diamond. A negative though, is that Shane only has Egl diamonds… and the girl didn’t tell me that when she showed them. : /
Post # 15
@Epicpooka: Sounds like this jewler is trying to really mess with you guys – first they are going to charge $300 to set a stone, then they want to sell you one that they wont let you see? I’d take my business elsewhere.
Post # 16
gorgeous setting, but I would NOT buy a moissanite from someone who had it and wouldn’t let me see it first, that is BS and I would definitely not buy from them. That being said, the pears appear to be bezel set and wouldn’t be going anywhere, and the setting itself is really sturdy, so I would buy the setting from them then a forever brilliant or amora moissanite from someone online (moissaniteco, betterthandiamond, moissanite.com, etc) and go to a third party to have the stone set for a much more reasonable cost of ~$30-50 at MOST, then buy my own ring insurance on the whole finished product. That is extremely bad business by ShaneCo, and after hearing this I will never be purchasing jewelry from them as a result. All they’re interested in is the bottom line, they probably won’t let you see the moissanite they have because it is particularly bad quality and they think they can get even more $ out of you by charging to then replace it with a diamond (and have that set, etc). Do a 3rd party. Also, moissanites aren’t “fake diamonds,” like a poster seemed to imply above, they’re just moissanites. I have white sapphires that aren’t “fake diamonds,” they’re white sapphires, just like my emeralds aren’t “fake diamonds,” they’re emeralds. that is BS and very judgemental, the only thing I would consider to be a “fake diamond” is a CZ someone is pretending is a diamond, not a moissanite since it is a forever stone