Post # 1
For all you lovely ladies who have these beautiful brand new rings bought from either a jewelry store or custom made rings with warranties, can you please help me with an experiment!?
How long have you had your ring?
How many times have you needed to use any part of your warranty?
If you feel comfortable with answering this, how much was your ring?
How much was the warranty?
I ask these questions because for me, it’s very important to express how inexpensive and cost effective it is, for us low-budget ladies, to purchase a good quality used ring and that it’s not all that bad of an idea. I work at a very reputable pawn shop and I feel it’s necessary to break some of these myths I’ve heard going around that used rings are not as good as new ones due to quality, warranty etc. I do not wish to make anyone feel bad about how much they paid for their ring, I just want to let other women know, not only is used an option, but a good one at that!
If this post offend anyone please except my apologies, that is not my intent at all!
Post # 3
How long have you had your ring? Since February, so eight months.
How many times have you needed to use any part of your warranty? Twice, both times to get it resized.
If you feel comfortable with answering this, how much was your ring? $826 before tax/warranty.
How much was the warranty? $114, I think?
Post # 4
@vorpalette: did you have it sized up or down?
Post # 5
We paid 2500 for the ring and it comes with a free warranty so long as you get an inspection every 6 months. We’ve taken it in 2 times in the year I’ve had it for a loose stone to get prongs tightened.
I also have ring insurance though State Farm. It’s super cheap, like a couple bucks a month. Way cheaper than spending 1500 on a lost diamond!
Post # 6
My fiance bought a new ring, I guess he didnt think about a used ring although if he had seen one her loved he prob would have bought it. My ring was $7200 retail, i’ve had it for 2 1/2 years and havent had to use the warranty for it. But used rings are fine as long as the shank is sturdy and the setting for the stone isn’t worn down. I work at a jewellery shop that sells second hand jewels and most of them are under 5 years old any way.
Post # 7
I have had my ring(s) for five years, in that time I have used the warranty four times, twice for new heads that either got twisted or outright broken, another time to have the rings fused free of charge, and a final time to have them sized which was also free of charge. All said and done my ring(s) cost $3,500, warranty included in the price. Totally worth it if you ask me.
Post # 8
@BushelAndAPeck: Down both times. I was wrong about my ring size, but was so sure that’s what it was. Turns out I was a whole size off, haha. In order to keep my warranty, my ring has to be inspected every 6 months. They send it in, inspect it the stones and prongs, redip it, and clean it.
I also have insurance through The Perfect Circle. We pay their minimum of $25/year for it, plus an appraisal fee from a local jeweler ($84).
Post # 9
I’ve had my ring for 5 months. The warranty did not cost anything, it was included. I haven’t put it in for anything yet, thankfully because I had it for only 5 months, lol. The ring cost a little over $7500.
Post # 10
How long have you had your ring? A few weeks
How many times have you needed to use any part of your warranty? I changed out the center stone in my setting and got the ring resized and I think they had to redip it too
If you feel comfortable with answering this, how much was your ring? $5500
How much was the warranty? $260
Post # 11
I’ve only had mine a month.
Haven’t used the warranty
Ring cost was about $6000.
Warranty was included and covers resizing for life, lost stones for life, other damage for life. No required “checkups.”
Post # 12
How long have you had your ring? 2 weeks
How many times have you needed to use any part of your warranty? once
If you feel comfortable with answering this, how much was your ring? $6500.00
How much was the warranty? $150 maybe (i’m not sure)
Warranty is for life and includes resizing, any lost stones, damage and cleaning
Has to be inspected twice a year.