(Closed) Loose stones without the canadian premium

posted 8 years ago in Toronto
Post # 3
Member
1046 posts
Bumble bee
  • Wedding: June 2011

Renton Jewelry Exchange in Renton, WA has amazing deals on loose diamonds if you’re willing to buy online.

Post # 4
Member
851 posts
Busy bee
  • Wedding: May 2012

I would look into http://www.jamesallen.com (I like that you can see actual pictures of the diamond you’re interested in).

Alternatively, http://www.whiteflash.com and I bought my stone (and setting) from http://www.since1910.com.  Love the stone… setting is a whole other issue.

Canada lifted the excise tax on imported loose diamonds a while back so you wouldn’t have to pay taxes on top.  If I could go back and do it over, I would definitely buy my diamond loose online and have it set locally.

Post # 6
Member
9824 posts
Buzzing Beekeeper

Good Old Gold has a great reputation and fabulous quality.

Post # 7
Member
255 posts
Helper bee
  • Wedding: June 2012

I just found this thread by searching for excise tax on loose stones shipped to canada, and I thought I would leave my experience purchasing loose stones from jamesallen.com to be set here in Canada by our jeweler.

We ordered a .71ct center stone and 2 .30ct side stones from jamesallen.com and I have had a great experience.  I don’t believe we could have gotten anything near this quality and price this side of the border.  I sent an inquiry to Ira at http://www.truthaboutdiamonds.com  I told him our budget and what we were looking for and he found some great stones in our budget that fit our requirements.   Actually, what he found us completely surpassed my expectations.  I made the purchase and after all of the paperwork (international orders will need varification for CC purchases and signed International shipping aggreements), my stones should be here tomorrow.  They also have free overnight shipping at http://www.jamesallen.com

Our stones are GIA certified and we were able to look at the actual stones we were purchasing.  I am pretty impressed so far.  🙂

 

Post # 8
Member
185 posts
Blushing bee
  • Wedding: July 2012

@GDub: Did you have to pay any brokerage/duties ect? Was it an outragous amount?

Post # 9
Member
255 posts
Helper bee
  • Wedding: June 2012

@Beena

It way exceeded my expectations!  We paid about $11 in brokerage, and only paid GST (not full hst).  There is no duty on loose stones, but there would be duty and full HST on an engagement ring (stones in the setting as opposed to loose). 

Right now the canadian dollar is above par with the USD and the shipping was FREE!  I feel like we got an amazing deal, and our jeweler was impressed that the GIA certificates were 100% accurate for each stone.  He said this is often not the case. 

I expect him to pick up the ring in the next 2 weeks, and hopefully not waste any time in the proposal.  😉  I am dying to see it after so much international legwork!  🙂

Post # 10
Member
10 posts
Newbee
  • Wedding: December 2013

Hi there I have a question regarding the stones. Are you getting them insured? If so how would you do this if you bought it online?

I know through retailers you buy this warranty and it’s for lifetime. I don’t know about the loose stones thoug. Would it still be covered by that store warranty if you ask them to set it? Thanks.

 

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