Post # 1
I wrote a check for an engagement ring on Friday evening and am thinking about calling my bank first thing in the morning to cancel it. It is not showing up on my account yet so I am hoping that I can if I decide to. I like the ring but I just feel like I paid too much after looking around on Blue Nile. I paid $6000 out the door after tax for a setting almost identical to this one. I got the setting in 14k white gold.
The center diamond is .73 carat with other diamonds adding up close to .2-.25 carat. The middle diamond’s specs are:
Clarity: VS2 – This was a very good VS2 I thought. I could not see inclusions to the naked eye or with a magnified look.
They are upgrading all of the diamonds in the setting from SI2 to VS2 for me and the color to an F. This will have to be custom made as well since it will need to be a size 4.
Here is the warranty information at the jeweler that I went to as well.
- Lifetime diamond replacement up to 1/20 .ct
- Lifetime free annual rhodium plating
- 5 year prong and metal warranty including lifetime sizing with normal wear (excludes eternity and complicated sizing’s) (+/- 1size)
- Free lifetime cleaning/polishing and inspections
This place has the best reviews in the area and is well known. I have not read any reviews about people getting ripped off.
Post # 2
Notice on the Blue Nile site it says the starting price is $1100 for a guarantee of 1/4 ct ttw. You got much higher ct than that. But maybe try going through the whole Blue Nile thing with the exact specifications of the ring you ordered to see if the price comes out to be roughly the same?
From what I know (not much) of diamonds, you got the “regular” price.
Post # 3
I’m not really familiar enough with the value of diamonds and such, but my ring was ordered from Blue Nile because you seem to get more bang for your buck online. My setting is a lot more simpler than what you have listed above and it was $600, but my entire ring was $4800 for a .91 ct Ideal cut, I color, VS1. I would say cancel the check and buy from an online retailer like Blue Nile or James Allen if it could save you some
Post # 4
Who certified the diamond? Try looking up current market prices. http://www.idexonline.com/
Post # 5
Well, I also tried to find similar diamonds and the most expensive one was about $3200. Average was about $3000. That puts it at about $4200. Is the custom ring, upgraded diamonds on the setting/band and warranty worth $1800?
Post # 6
My band today is worth $2,200 on the designer’s website and my fiance purchased it end of summer for $1,950.
/Edit before the cost of the diamond.
Post # 7
You can order a ring from Blue Nile in a size 4 with no extra charge. Personally, $1800 sounds like a lot to me for the diamonds in the setting to be upgraded slightly.
Post # 8
GIA. Well, If I look up 0.7 – 0.79 with my specs, the center diamond is priced at $4550 p/c putting mine at $3321 for the center diamond.
Post # 9
The link to the Blue Nile listing is only for the setting. I tried adding a diamond with similar stats to yours to the ring and that brought the price to over $4000. Depending on your location, there might alos be sales tax/shipping added. Then factor in the fact that you can’t see it in advance and it’s an online retailer. I’m also not sure what the value of the replating, etc. adds.
In general, you can usually expect to pay more when buying from brick and mortar stores as opposed to online retailers. However, there are also other factors to consider. This isn’t the exact ring you got, and it may have more craftsmanship, better quality metals, etc. It’s really hard to say without ordering both and comparing them.
Overall, I don’t think it sounds like you got ripped off, though it’s possible that shopping around would get you a better deal for a similar ring. Canceling a check seems a bit extreme, though. Can’t you just go into the store and return it?
Post # 10
I forgot to say above, I personally don’t think upgrading the setting stones are worth the extra money. Especially if the setting is pave- those are small enough you won’t see if it is an SI or VS. I’d rather put that extra money towards another category such as cut.
Post # 11
In that case, if you’re paying an extra $1800 for about 1/4 ct. ttw extra, warranty and “custom” band, no it doesn’t sound like it’s worth it. But did you get completely ripped off? I don’t think so. But it definitely could have/should have been cheaper!!
Post # 12
Thanks! Since it is a custom ring and has to be made from scratch, I won’t be able to return it once it is finished in 4 weeks. I’m sure they would help me out if I wasn’t happy with the design though.
I would be pretty nervous buying something like an engagement ring online. My girlfriend would probably be pretty upset about it too. haha I am very ocd so I can easily find inclusions so ordering a diamond online is a no go for me.
It would be nice to know that we could take it in there for life if there are any problems and get a free plating/cleaning every year.
Post # 13
cancel, cancel, cancel. They are selling you a very overpriced diamond that is only a “very good” cut. Don’t let those words fool you. If you are getting a round brilliant than you should only get excellent/ideal cut for an amazing shine and sparkle.
here is a similar very good cut on James Allen for $2700:
You can get the same size stone with F color and VS2 clarity but with EXECELLENT cut for around $3000 or little more.
Dont let them talk you into anything less than excellent/ideal cut. There is a huge difference on the way the diamond shines and how large the diamond faces up when it’s cut correctly. Please rethink what you are getting. I got my fiancée a 1.41 carat excellent cut diamond with 18k gold band for less than 6k.
Post # 14
No you did not get ripped off. You can always save getting things online because they have no overhead costs. If you want to go that route then return it. Pretty shady to just cancel the check!
Post # 15
I am OCD with eagle vision and have a 0.71 G SI1 that is 100% eye clean with ideal proportions that I paid $2770 for. I can not find the inclusion without a loupe. In my opinion you are overpaying for what you are getting.