(Closed) My friend got a 10ct ring!

posted 11 years ago in Rings
Post # 62
Member
75 posts
Worker bee
  • Wedding: January 2012

… It is a very nice ring, but I think that is an irresponsible way to spend that money, personally. He blew a huge chunk of that inheritance on a piece of jewelry. Frankly, I’d be furious if that was the way my Fiance spent his money (and he wouldn’t be the type of man I would marry). Just my opinion.

Post # 63
Member
672 posts
Busy bee
  • Wedding: June 2010

is it bad that i could never wear this? i would feel soooo uncomfortable! i would be happy in the 50-100k range…200k is INSANE!! and 10tcw..ugh, i just couldnt wear it..

Post # 64
Member
2546 posts
Sugar bee

Sorry if this sounds rude but that story seems so ridiculous that I don’t believe it. Who would spend that kind of money on a ring? In My Humble Opinion, a ring that size doesn’t even look real.

Post # 65
Member
1037 posts
Bumble bee
  • Wedding: October 2009

Not my cup of tea. I’d be afraid to wear it. I’d prefer a nice house and a good retriement nest egg and a fab honeymoon.

Post # 66
Member
246 posts
Helper bee
  • Wedding: June 2011

@beatriz: Ok, (and I am not being facetious) if anybody knows where I can sell my gold jewelery for exactly what it’s worth in terms of gold price – PLEASE TELL ME because I have some gold stuff I would sell in a heart beat if I could get a fair price for it.  And if anybody knows where I can sell my used diamonds for what they are worth new – I’ll be the first in line too. Seriously, please post where this is possible. I could more than pay for my wedding if this is true…. 

Post # 67
Member
168 posts
Blushing bee

@beatriz: LOL!!  You are hilarious!

I wouldn’t want something that large.  It’s too, too much.  It’s beautiful, though.  To each her own!

Post # 68
Member
848 posts
Busy bee
  • Wedding: October 2010

Holy crap! That’s huge, beautiful, but you can cause serious accidents with the glare on that thing! Laughing Will she wear it everyday? I think it’s sweet he bought it, but is she even into something so flashy? I’m curious what he did with the rest of the money … I hope he bought a house for them, and a sweet honeymoon of a lifetime, now that would be even sweeter, IMO!

Post # 69
Member
246 posts
Helper bee
  • Wedding: June 2011

My Fiance owns an investment company, trades his own money, MBA from a ivy-league university. The deal is, something is only “worth” what someone is willing to pay you for it. And, like anything else (unless there is an extenuating circumstance like it was owned by a celebrity) – a used diamond ring of any size will not command the “new retail” price. When you see the price of GOLD going so high – you are seeing the price of builllion exchange i.e. a portion of a cache of bricks of gold (or the bricks themselves), not jewelery.  Now that said, even at the pawn shop — the price of buillion will affect the retail and resale value of gold, of course, but pure buillion bricks are what you see being traded at market price not end product. Also, at retail many things are sold at higher than the price of gold. Jewlery markup is the highest in retail next to furniture. I’m not saying this to be ugly, just to warn people against making jewelry an “invesment.” I know because my mom comes from a culture that believed this and as a result, she was in for some hard lessons when she needed cash for her “investments…” 

Post # 70
Member
7039 posts
Busy Beekeeper
  • Wedding: September 2010

I would be SO ANGRY with my Fiance if he bought that ring. Ugh. I can think of about, oh, 200,000 other things I would rather spend that money on.

Post # 71
Member
242 posts
Helper bee
  • Wedding: May 2011

If my Fiance EVER spent anything close to that on a ring he better start running! That is CRAZY! Can you imagine if it got lost or damaged? I think I would have an anxiety attack right then and there. It actually would make me sick to my stomach to wear it in the first place.

I should say to each their own, whatever makes them happy but this is nuts! It just seems wrong. I think that money could be used for so many other things. If they really had nothing else to spend it on there are plenty of charities out there that would benifit so much from $200,000.

Post # 72
Member
1068 posts
Bumble bee
  • Wedding: May 2010

It’s so…. big… and so…. pretty!

Post # 73
Member
1015 posts
Bumble bee
  • Wedding: June 2010

What a beautiful ring, but hopefully he doesn’t spend them into bankruptcy. 

Post # 74
Member
80 posts
Worker bee
  • Wedding: October 2010

Lolz beautiful but maybe not the most practical – that ring will require some serious claw maintenance!  Has she got a smaller one for work and stuff?

Post # 75
Member
94 posts
Worker bee
  • Wedding: October 2010

Oh my! that is beautiful. That is larger than some celeb rings!

Post # 76
Member
962 posts
Busy bee
  • Wedding: March 2011

I would also be mad.. because it’s not just about the (IMO) irresponsibility of that kind of spending, but also because, as the OP said, this is  “plain jane” kind of girl and the fact that he ignored that would bother me.  It sounds like he’s trying to “impress” with the ring, rather than buying something he knew SHE would like.

It reminds me of something my brother would do (and he recently blew through $15000 in just over a month and ended up completely broke)..

So if my Fiance had that kind of money and didn’t present me with a deco era gorgeous but reasonable antique ring in white gold with some sapphire accents or perhaps garnet, I’d be thinking “do you even KNOW me at all after all this time together??”

Kinda like when my ex got me a “salad spinner” one Christmas, and an engagement ring that was a rather large diamond in yellow gold and thoroughly modern.  SOOOO not me.

 

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