(Closed) Did he get ripped off?? E-RING

posted 7 years ago in Rings
Post # 18
Member
12244 posts
Sugar Beekeeper
  • Wedding: May 2013

That looks pretty legitimate to me! You pay for the store front, unfortunately.

And definitey keep in mind that there are a LOT of EGL stones out there (which are generally of a lower quality than GIA stones), and a TON of Bees have Asha, Moissanite, etc.

Post # 19
Member
1891 posts
Buzzing bee
  • Wedding: December 2014

my jewelers provided us with an appraisal. it should be more or as much as you paid, definitely not under.

Fiance paid about 7k for the diamond and it appraised as 9800$. we needed the appraisal for insurance so that’s why i have it!

Post # 20
Member
920 posts
Busy bee
  • Wedding: June 2015

thats a great deal! we are looking at very similar stones and plan to spend around that same amount. 

Post # 21
Member
3728 posts
Sugar bee
  • Wedding: City, State

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@Merinda1994:  When you buy from a brick and mortar and a chain store there are markups. The advantage is that you get to see the ring in person before you buy, the disadvantage is that you may pay more. Most guys I know decided to pay more to know what they were buying and ask questions. The extra price was worth it to them. My DH bought online because the act of going to a store and buying a ring was super scary to him and buying online was less scary. It is way more about comfort than price

Based on their diamond search, it looks like they sell your diamond for about $5000, so he got a good deal. I would be happy!

 

Post # 22
Member
556 posts
Busy bee
  • Wedding: October 2014

That diamond is beautiful (and I’m more of a gemstone girl, so that should tell you something). Even if it was more than he could have gotten it for, he liked that specific stone. He picked it for you. It was worth what he paid for it in his mind. I might get it a appraised for insurance purposes, but otherwise stop worrrying about it and enjoy it. ๐Ÿ™‚ 

 

Post # 23
Member
1762 posts
Buzzing bee
  • Wedding: August 2014

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@Nostawyn:  Canadian diamonds are conflict free.

 

Post # 24
Member
522 posts
Busy bee
  • Wedding: December 2014

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@Serey:  Yeah, I said that. ๐Ÿ™‚ I just thought I would cover my bases when it comes to the “all diamonds are evil” people who like to point out that Canadian diamonds are also awful because XYZ.

Post # 25
Member
1762 posts
Buzzing bee
  • Wedding: August 2014

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@Nostawyn:  lol sorry I read you wrong my bad.

Post # 27
Member
438 posts
Helper bee
  • Wedding: August 2014

@Merinda1994:  I think your man got a great deal on your stone!

As other bees have said, I would definitely take it to an INDEPENDENT appraiser. Do not base your purchase off of the appraisal that the seller gives you. They are known for jacking up the appraisal value to make the purchaser feel like they are getting a great deal when in reality they may not be. They may also be more easy on the grading to improve their chances of selling the stone.

From what the other girls has said I think he got a great deal on your ring, especially with the cut and color. As you said, we don’t know the exact specs of people gemstones and diamonds. Some specs of the diamond are not in the 4C’s which can knock the price of a diamond down significantly too that very little people talk about. I didn’t know that an appraiser is supposed to knock of 20% for strong flourescence which from the posts here you would never know about. 

Post # 30
Member
2278 posts
Buzzing bee
  • Wedding: July 2014

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@Merinda1994:  we got charged 5400 for a .75, I, VG, vs1 diamond because we went through a jeweller rather than blue nile or a wholesaler.  Really annoying when you realize there is such a mark up on diamonds.  We also thought the jeweller was doing us a favour cuz he was a family friend, but he didn’t give us any form of discount.  I have since found and purchased a 1 ct GIA graded Canadian diamond on a classifieds site for 3600, so I kind of feel like one great deal off sets the horrible deal we got in the beginning.

Editing to add: my Canadian diamond is laser inscribed along the girdle that it is indeed a Canadian diamond.. any certification you got for the diamond would have said if it was a Canadian diamond

 

Post # 31
Member
1768 posts
Buzzing bee
  • Wedding: August 1997

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@This Time Round: +1

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@Merinda1994: “I’ve been looking through ring pictures on here and I can’t help but notice  rings that seem a lot larger than mine costing a lot less… I’m wondering if my  Fiance’ got ripped off??”

Make sure you’re comparing apples to apples. Many (if not the majority) of the larger rings you see on this site have a simulant center (ie Moissanite/cz/asha cz/Amora gem) even though the setting may be gold and have diamond melee.  A simulant costs  much less than a genuine diamond. (of course the settings alone cost the same)

People are not going to include that they have a simulant every time they post a pic of their ring of course! So you may not realize what you’re looking at unless you’ve been here awhile.

I agree with pp to get an appraisal. You’ll need that to ensure your ring. I’d venture to guess your fiance didn’t get “ripped off”. Your diamond looks lovely and it is an E colorless…

Best wishes

 

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