Post # 1

Member
432 posts
Helper bee
My Boyfriend or Best Friend and I went into a local Jeweller today to talk about getting the ring made.
I told him i wanted a cushion cut Sapphire in a Halo setting in Platinum, Like this:

He told me it would cost $10,000 because it’s in platinum. He said he made a plain wedding band in Platinum and that was $5,000.
I’m weird and never buy anything without research so i found a ring very similar to the one pictured for $2,500 in Platinum but without the stone (which i’m sure won’t cost $7,500!) But the Jeweller that has that ring is in another state (Queensland and I’m ion New South wales, Australia)
I’m not sure if because we’re both in our early 20’s he thought he could try and jack up the price or what.
So is it just a difference in the state prices or is he overpriced?
Post # 3

Member
53 posts
Worker bee
I think that is definitely overpriced. Platinum is expensive, but not that expensive! I would shop around. Are you opposed to purchasing online?
Post # 4

Member
432 posts
Helper bee
@sweetie77: No i don’t mind buying online but i’d prefer to do it in person just because i’d like to meet the person making it. There is 2 more Jewellers left in my town so i’m still hopeful π I’m going to my favorite one tomorrow morning and hopefully it works out well π
Would it be weird if i showed him the quote from the other Jeweller?
Post # 5

Member
1325 posts
Bumble bee
I think it’s a little over priced too.
I’ve only looked at sapphire rings online, but I don’t think I’ve seen many for that much.
Online does tend to be cheaper than in store, as far as I’m aware. Also, it may be an option to look into lab made sapphires. That should bring the cost down quite a bit. π
It is a very pretty ring.
Post # 6

Member
17 posts
Newbee
That is hugely overpriced. I have looked at a lot of rings online (I found my own e-ring, since I didn’t want to put my fiance through that, lol) and I’ve seen many similar rings for a lot less. Halo style with semi eternity band is very popular; I would shop around. I think the most I’ve seen a ring like that for is around 4k on Etsy.
Post # 7

Member
133 posts
Blushing bee
Way over priced. Definitely keep looking.
Post # 8

Member
432 posts
Helper bee
@Tunacupcakes: The one i found online for $2,500 also has a retail store and i’m willing to go up there to get it if i need to! π I’ll look into Lab Sapphires, The thought had never occurred to me. Thank you.
@windego: I’ve seen some beautiful ones on Etsy for like $2000 (without the centerstone) But i thought maybe the price difference was because they’re based in America instead of Aus
Post # 9

Member
432 posts
Helper bee
@Ms Spitfire: I will π Thank you ^^
Post # 10

Member
135 posts
Blushing bee
you’ll be surprised how much of a discount you will get when you ask how much for the ring in cash…. good luck and its quiet over priced
Post # 11

Member
432 posts
Helper bee
@choolove: Thank you ^^ We should be able to pay cash, I’ll have to remember that π
Post # 12

Member
135 posts
Blushing bee
@Blue-Bird: no problems at all, my Fiance got mine from a shop in parramatta that gives defence disccounts. My ring set plus diamond is valued over $12000 but we paid a total of just over $4000 for the lot and all in cash… hope you find that special ring
Post # 13

Member
432 posts
Helper bee
@choolove: Wow! We’re going to Parramatta for my Birthday which is actually your wedding day π (October 29th) maybe we should get a ring then π Although i don’t know when he’s proposing and he said he wants it made ASAP so he knows it’s ready
Post # 14

Member
56 posts
Worker bee
That does seem like a lot. Jewelry in Australia is definitely more expensive than online stores and America as well. We got my engagement ring online for this reason. If you don’t like that option, which I agree could be tricky with sapphires as seeing their true colour online could be harder than a diamond, then you guys should consider booking a weekend away and go interstate to look at the cheaper rings… you’d get a romantic escape and a beautiful ring and it would still be way less! Also white gold would potentially half the cost, but surely your jeweler mentioned that!
Post # 15

Member
197 posts
Blushing bee
That’s a gorgeous ring by the way! (i’m a fellow blue sapphire ring girl) It’s insanely over priced though!
Post # 16

Member
9824 posts
Buzzing Beekeeper
I’m not sure it’s fair to say it’s overpriced based on this info. Was the setting only $10,000? Or did that include the center stone? If so, a decent sized sapphire that has a desirable color (pure, no modifiers) can command a very high price. If the stone is unheated, it is rare and valuable as most sapphires on the market have been heated to stabilize color. Some are even dyed. Stones that are dyed will fade over time, and sapphires subjected to high heat can have durability issues. I highly advise if you’re going to get a sapphire, read up on the treatments they undergo and insist on that stone being as natural as possible. Don’t let people sell you a hunk of dyed gravel, they will try!