Post # 1
Hi guys I am not very experienced in engagement rings. My boyfriend has put a down payment on a ring I like and I just want to make sure it is worth the price we are paying. The ring is a little over $5000.
It is a “very good” cut 0.48 carat centre stone with 38 side stones (it is pauve), at 0.52, totalling 1 carat total. The centre stone is Canadian. And it is 18K while gold made with palladium.Oh the centre is round btw. It is Canadian Ice if that helps and a halo.
Anyway I am been looking at lots of rings and researching Canadian diamonds to see the price difference. However because the centre stone is less than 0.5 carat I am wondering if this ring is over priced or if I am just over thinking it! Thanks so much for everyone help!!
I have a picture on my phone so i will post soon.
Post # 3
@ashley1991: I would have to say that the ring is VERY over priced, although i know nothing of canadian diamonds. We paid 5,600 for my .70 ideal hearts and arrows G diamond and setting thats altogether totalling a little over a carat. And I also know that we over paid becasue we went to a local brick and mortor store.
Post # 4
it is overpriced imo. we paid $4600 for .98 CT and 3/4ct setting.
Post # 5
@ashley1991: I am no diamond to price ratio expert, but the “very good” grade on the cut would be a big red flag to me. The cut of the diamond is the most important aspect in terms of making it sparkle, and a very good cut will sparkle noticeably less than an excellent cut and significantly less than an ideal cut. For me, i would go down on color and clarity before I would compromise on cut.
From the info you gave, that DOES seem like a very high price but again I am no expert. I would go to bluenile.com, enter in those specs, and see what a diamond of the size and grade is going for there to give you some idea.
We went whole sale to avoid ANY mark up as well as having to pay tax — retail chains mark diamonds up ridiculously and even online sellers have to marke theirs up some to turn a profit.
Post # 6
This helped me decide your ring is WAY overpriced. I don’t know much about canadian diamonds & since you said it’s “canadian ice” I thought maybe that made it more expensive. This website has bigger stones for half the price of yours. Maybe you can use your payment toward another ring that is less overpriced? Or if it’s a small payment, it may be better to cut your losses and go to a whole new store if they’re overcharging you that much!
Post # 8
thanks for the relies guys!! that definetely confirms what I was thinking.
Post # 9
Blue Nile also carry Canadian Diamonds and back when i wanted clear I had a look out of interest and noticed the price was higher than the (I guess) African or other diamonds in the mainstream selection. Maybe take a look on their website and see what the difference is? Or what they would charge for a stone equivalent to yours?
Post # 11
@ashley1991: it’s a beautiful ring. do you know the other particulars of the ring? the clarity or colour? these factors play an important role to pricing as well.
if your ring has average stats, i personally think the ring is overpriced. i do know that “canadian” diamonds are typically more expensive than standard diamonds because they are considered non-conflict diamonds. if that’s important to you, great. most would prefer a 30-40% larger stone.