Post # 1
My SO and I have been ring shopping for ideas. We went into Tiffany and I tried on a few different sizes to get an idea of what I like. I actually liked the 0.9 ct Round Brilliant I tried on best and felt like everything else looked HUGE but I know that it will shrink some with time. When he and I discussed what I liked, I told him I wanted an Round Brilliant in a six-prong Tiffany-inspired setting and I do love the classic clean look of he stone However, in browsing the secondhand market I have come across an antique cushion that takes my breath away. It is slightly higher than his original budget but he has had a better year business-wise than he expected and he has already maxed out his retirement contributions for the year so if I told him I found something that made my heart sing I think he’d probably increase the budget. If he wouldn’t, no big deal, I still love the idea of a Tiffany replica and would wear it happily for the rest of my life.
However, my SO is very financially savvy and not particularly trusting when it comes to transactions like this. The antique cushion is currently for sale by a private seller. Any bees have ideas as to how I could go about making this transaction more palatable for him before I bring up the idea?
Post # 2
Whirlwind03: well, definitely using PayPal for the transaction would keep things safe. You have to be careful with antique cut diamonds, make sure you ask the seller if this diamond has any chips as this is common with antique diamonds, find out everything you can. Make sure you save the emails just incase. Also once you receive the ring if you decide to go through with it, take it to an appraiser that knows their stuff on old cut diamonds to make sure the stone is in good condition. This way you will know what you bought and have a solid case if you would need to return this ring.
Post # 3
There are escrow companies that can assist with this if the seller is amenable.
some me dealers may be willing to acquire the stone for you and verify it, then you buy it from the dealer. This would be rare, though.
the only way you would be able to know what you are getting is to take the stone to an independent appraiser. You could request that the seller send it to an appraiser of your own choosing, have it appraised, and if it meets your standards, pay the seller who would then instruct the appraiser to ship the stone to you. I have done deals this way.
Post # 4
Soloudinhere15 and MrsSparkleBee13: Thank you! That’s a great idea. I do know a good bit about diamonds and would definitely want to get it appraised anyways so that would be a really good option. I’m MUCH more likely to be able to talk him into it if he can see the diamond before he makes a final decision, so I’ll have to look into an acceptable appraiser. I think there’s one who comes highly recommended about 2 hours away, so we could make a day of it doing that.
Post # 5
1. get the return policy in writing from the private seller
2. use american express or paypal to pay for the transaction
3. request proof of a local independent certification/appraisal [of course you’ll do this again when you get it for the clean and check]
And if you have any problems, you immediately dispute the recorded TOS [terms of sale] as the seller being in default, and bam.. problem solved.
Most high ticket items like this though, *usually* come off without a hitch.
Post # 6
I think due to the fees involved you are unlikely to get a private seller willing to use PayPal.
I think if you can get the seller to ship the stone to your appraiser and let you get it appraised with the information that it stays with the appraiser until the seller has been paid and releases the stone from the appraiser, that will be the best way to do this and assure both parties they’re not getting screwed.
Post # 7
You should post this on pricescope. Those guys are experts, and would definitely be able to point you in the right direction as alot of them purchase estate jewelry from online auctions.
Post # 8
If you’re going to purchase it/see it in person you can always purchase or borrow a diamond tester to make sure it’s the real thing. They kind of look like a pen and when you touch the tip to the diamond it gives you a reading.