Post # 1
This is my first post ever on weddingbee!! I am in a dilemma and I would like my fellow bees to help me out. I got married 2 years ago and in our culture we do not give any importance to an engagement ring. But lately, after seeing so many ladies with beautiful rings around me, I have been getting major ring envy(I openly admit that)!! My Darling Husband feels its time he gets me a ring. He has set a budget which I think is ridiculously high for an engagement ring. I prefer a moissanite(forever brilliant) to diamond because it is conflict free and way less expensive. But Darling Husband thinks its not a good investment and that the value of diamond will increase over the years. I am still leaning towards moissy though! Also I wear a 4.75 ring size and was wondering if a 1 carat diamond/moissy with halo would look too big on me. We are going for a three stone halo look with 1 carat centre(diamond/moissanite) and 0.4-0.5 carat sidestones(diamonds). Also what about a double halo? We loved the double halo setting, but with the specs of the centre and sidestones, I am afraid it would look a bit cocktail ring-like! Please help!
Post # 3
I think a 3 stone halo will be beautiful! Peronally, I think a double halo would be too much for a 3 stone, but you’ll really just have to try a bunch on to see what you like. As far as diamonds being an investment, the only way they are an invenstment is if you are planning on seling it in the future. And diamonds are incredibly hard to sell. You will only be able to sell it for 30-50% of what you paid, unless you’re buying an extrmemly large and rare diamond. Diamonds are not rare in the marketplace, if your husband is looking to make an invenstment, diamonds are not the thing to be investing in!
Post # 4
@mrsnair: agree with PP. Diamonds are not an investment at all. Try selling one and you will see that you get pennies on the dollar.
As for how a ring will look on you- that’s pretty tough to tell! Go shopping and try a bunch on!
Post # 5
Neither is an investment and will be worth anything to try selling. If you dont care for a diamond, dont waste your money on it. The moissy is inexpensive enough that it doesnt really matter if it’s an ‘investment’. A halo or double halo on a 1ct eq wouldn’t look cocktail at all. I think it’d look great!
Post # 6
You will loose more money trying to sell a diamond than what you’d spend on a moissanite. Tell him to use what you would have spent on a diamond (minus the cost of your moissy) and buy stocks if he wants an investment, because he won’t be getting it from diamonds.
If you want moissanite then that’s what you should get. As for size, below is a picture of a 1.25 moissanite on my size 5 finger for reference. Moissaniteco also has a printable carat size chart too, that I found very helpful when choosing the size of my stone! Good luck!
Post # 7
Have you seen moissy in person? It’s looks quite different compared to a diamond.
However, diamonds are not an ‘investment’ and their ‘value’ is artificially created.
That said, it’s ultimately up to the both of you. Why not go to a few places to see some diamonds and moissy in person to see which one is the right fit for you.
Post # 8
I wouldn’t expect any diamond to go up in value. Definitely not an investment! Yes, diamond prices have gone up, but mainly for merchants/jewelers. Diamonds on the secondary market are half or less what you pay from a jeweler.
That said, my Fiance wanted to do a diamond over a moissanite or a diamond simulant because it is “real” and would hopefully hold at least a portion of its value. He said for whatever a diamond loses on the secondary market, a simulant loses more. Luckily, the expense of the diamond was not difficult for him.
Optimally I would have wanted to buy a diamond on the secondary market (pawn shop, craigs list, etc) and had it set, but I am not knowlegeable enough about how to judge diamonds to want to risk being taken advantage of.
Post # 9
Thank you so much for your comments bees!! I was sure diamonds wouldn’t sell for what we paid for, but it was hard convincing my DH!! We don’t really wanna sell it, but pass it down as an heirloom. I think Darling Husband & I will discuss this matter seriously.
Still debating on single halo or double halo. I think I should go try on some styles at a local jewellery. I am leaning towards the single halo now.
Post # 10
@mrsnair: So if you’re not selling, but saving as an heirloom then it really is not an investment! He’s looking at this all wrong!
Post # 11
LOL.. he is.. I think he feels bad for not getting me the “real” deal if I go with a moissanite.. I don’t blame him though, thats how his entire family thinks. His friends and relatives have got their fiances pretty diamonds so he must be feeling the pressure to get me the same.. The only difference being, I don’t care for the stone. I hope a little reasoning from my end might help us in making the right choice. Thank you for all your inputs!
Post # 12
A diamond can certainly be sold for more than it was purchased for, because diamond prices tend to rise substantially over time, and this trend is expected to continue, if not get even more dramatic, especially as India and China are expected to become more more motivated markets and no new gem-quality mines have been found recently. However, there is usually a substantial markup, especially if the customer is not familiar with the true market value of the stone he/she is considering buying. So it takes some real skill from the consumer to get a good price on the stone to begin with. However, even if you overpay for a diamond at the outset, it is still possible that in the future it could be sold for much more. I wouldn’t recommend buying diamonds as an actual investment strategy…one needs to really know what he/she is doing, and even then, it’s somewhat uncertain… but reality is a far cry from the claim “diamonds do not maintain or increase in monetary value, and cannot be profitable to buy and hold.” That’s simply untrue.
That said, I never plan to sell my diamond, but it is nice to know that it will likely increase dramatically in monetary value over our lives.
Post # 13
@lulu_honey: I have seen a moissy in person, and compared it to a diamond and I honestly could tell no difference. The moissanite was enhanced (Amora I believe) and it looked very much identical to the 1.5 carat diamond ring my mother wears. I even compared it side by side, and it looked very similar to the naked eye. Under a microscope, I am not sure. But I didn’t see any noticeable difference at all!