(Closed) Overcharged for a Diamond?

posted 10 years ago in Rings
Post # 17
Member
121 posts
Blushing bee
  • Wedding: September 2012

If you’re looking to buy a loose stone, I highly recommend skipping blue nile and heading to http://www.goodoldgold.com their customer service is excellent (they will happily describe stones to you on the phone all you want) and they offer a trade up policy if you ever decide you want a larger/different cut/whatever diamond.

Post # 18
Member
115 posts
Blushing bee
  • Wedding: September 2011

I fell in love with a setting at Jared’s, but unfortunately their mark-up is kind of high and the setting with the diamond I wanted would have been out of our price range. So, we decided to buy the diamond off blue nile instead and still get the setting at Jared’s. A diamond with comparable specs to those we wanted was about $700 less at Blue Nile. Plus blue nile did not charge us sales tax and shipping was free. Then we got the setting at Jared’s and had them set the diamond. The whole process was pretty quick too. We ordered the diamond on Sunday, it came in on Tuesday, we took it to Jared’s, and then my ring was ready to be picked up by Wednesday evening. To get an idea of the specs we wanted before ordering the diamond off the internet, we looked at a few diamonds at Jared’s. Also, blue nile has a 30-day return policy so if the diamond wasn’t what we expected, we could have sent it back. Overall, I thought the process went very smoothly and I think that we got a better price by doing it this way. (At least a better price than buying the whole ring from Jared’s, we didn’t price local jewelers so I’m not sure what their mark-up is.)

Post # 19
Member
3525 posts
Sugar bee
  • Wedding: August 2010

View original reply
@LilianHarlow:

Agreed. A stone with a GIA Certificate also makes a big difference.

You have to make sure everything is identical to be able to cost compare. Depending on what is the nearly identical quality you’re talking about it could be the reason for the price difference.

When my husband bought my ering the family jewler we went to was WAY cheaper than any online site and brick and mortar store.

When we went back for our wedding bands he was significantly higher. Who knows why it was more expensive the second time around?

It’s important to shop around.

As an aside I found Blue Nile to be one of the more expensive retailers honestly. Online or retail.

Post # 20
Member
1498 posts
Bumble bee
  • Wedding: August 2011

If you need to see the diamond in person before purchasing and are worried about the price, I would suggest going to a few other diamond retailers in your area and looking at similar diamond to make sure you are getting a good price.

My Fiance got my diamond at Diamond Direct, but there are only ones in Charlotte, Birmingham, and Raleigh, but their prices are comparable to Blue Nile and the have superior customer service and selection (he is VERY picky and they were able to get in 7 diamond that met his specifications and the other jeweler he went to could only get in 2).  The added selection also helps with determining how much you want to spend by comparison.

Post # 21
Member
375 posts
Helper bee

No matter what- check the certifications. Bluenile diamonds are GIA certified whereas a lot of jewelry stores sell EGL (lower certification). So if you’re comparing GIA to EGL, they’re not the same.

Post # 22
Member
8 posts
Newbee
  • Wedding: June 2011

I actually had a jewler match blue nile for me today because I was going to buy my diamond from blue nile and have them mount it into a band!  I was surprised, given the huge difference in price – so it’s worth asking!

Post # 23
Member
535 posts
Busy bee
  • Wedding: December 2010

I agree with lefeymwCheck out a diamond district.  Also, paying cash helps reduce the price.

Post # 24
Member
1166 posts
Bumble bee
  • Wedding: December 2010

I did some extensive comparison shopping online and found http://www.diamond.com to have some of the best prices for comparable diamonds. My FH went the retail route when he bought my e-ring (which was a surprise), but he was perfectly okay with me trading it in for what I really wanted. When I showed him what I could get online for the same price, he was flabbergasted. Needless to say, we returned the original ring and I ordered a much nicer one from diamond.com (note: NOT diamonds.com!).

I did not, however, check out a diamond district, so that may even be a better deal.

Post # 26
Member
1057 posts
Bumble bee
  • Wedding: December 2010

I’d agree that you should ask the jeweler to match the price. 

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