Post # 62
I needed the appraisal for the insurance company. I know someone who’s diamond fell out of their ring within a week of getting engaged and there’s nothing you can do about it if it’s not insured — so absolutely make sure she does that.
Honestly, she’s going to be wearing the ring for the rest of her life, I don’t think it matters if she knows, and not a single person has asked me how much mine cost.
Post # 63
- i know what it was appraised at.
- i know what the cost of the setting was, the cost on the tag. i also know that other jewelry and gold was traded in to offset the cost.
- the diamond is a family heirloom
aside from those things? i have no idea what the cost was. i know what the matching band cost, and i know that it’s sitting in a safe at my future in laws’ house.
Post # 64
@MakingHerWait: My husband and i had been together for 3 years and living together for two when we decided to get engaged and married. WE decided — just like we make all other major decisions together. I would have felt offended to not be included in such a major decision. Spending such a large amount of money is also a major decision, as is the ring i will wear on my finger for the rest of my life is a large decision. so, i wanted to be involved in all of it. as he was ultimately spending his money only on the ring, he set the budget, but after giving me the option — i wanted to ultimately choose the ring. So based on his budget, i chose a diamond and setting. he purchased the diamond, had the setting made, and the the exact day/time and method of proposing was all his to create and surprise me with. We have no secrets and make all life decisions completely as a team, so i cant imagine having it any other way.
Post # 65
He proposed and then we went shopping. My husband is smart enough to know to never pick anything without me!
Post # 66
DH and I picked mine together, so obviously I knew what it cost. I think he would have told me even if he bought it on his own, as we pretty much had joint finances at that point (had lived together for three years).
However, if he bought it on his own and didn’t tell me, I wouldn’t ask him – that seems super rude! But if I knew the specs I would probably look up similar options and get a ballpark, just because I’d be curious 🙂
Post # 67
My Fiance and I picked it out together, he would have spent way more money and I’m not comfortable with that.
Post # 68
We went shopping together so I saw the price of my ring. I also knew the budget he had set so I could have figured it out from there. Also, I was the one who went and got it appraised. I don’t really thing it’s a big deal that I know the price. I probably would have come across it at some point if I hadn’t known from the start.
Post # 69
I knew what my ring cost because I was sitting right there when we committed to that particular diamond and setting. We had been cohabitating for a number of years at that point but we were not mixing our finances then. Currently, we are married and for the most part, we are not co-mingling our finances either. It was a team decision when it came to picking out my ring. He had a budget in mind, I think, but I never knew what the cap was. However, it was important to me that I knew the prices of everything because I personally had a threshold in my head I didn’t want to cross.
I have no idea if mine is expensive for my social circle or not. I honestly don’t know what everyone else paid for theirs. That being said, for people at our age, I think mine is one of the nicer, higher quality ones so chances are, we paid a bit more. However, for people that got engaged a bit later, I think there’s a chance theirs are better.
I’ve referred people to my jeweler and even then, they’ve never asked me about the price. Even DH’s family do not know.
Post # 70
- Wedding: October 2014 - Disney
I know the cost because we picked the design and stone together. I had a lot of say in purchasing the stone because I knew a lot more than my husband about sapphires.
Post # 71
@MakingHerWait: Nope, you absolutely don’t have to tell her. It’s not important for her to know the price of the ring.
I don’t know that much about my ring, except that it’s .5 ct diamond in a platinum setting. I’m allergic to all types of gold and gold alloys so I knew this was what I was going to get if he bought a ring. I had mentioned that to my FH casually when we started dating and I’m surprised he remembered, lol.
I certainly don’t know how much my FH paid for the ring and I’m not going to ask him. He did everything himself – insurance, etc. I don’t think it’s something that I need to know. And honestly, since his money is separate from mine, I think it would be rude to ask him how much he spent.
Post # 72
I know because we wanted to get a good price, so while only Fiance talked cost with the potential vendors, he would also discuss it with me. If the vendor couldn’t go low enough for our satisfaction, we walked…and that did happen a few times. Without me, I do think Fiance would have ended up paying a higher price. He’s good at negotiating, but because it was a gift and he does tend to be very generous by nature, he would have been more impulsive. I think that my encouraging him to get a good price (rather than being flattered by overpaying or offended by his negotation efforts) was useful.
Some jewelers tried a “divide and conquer” tactic, thinking to pit me against my Fiance and push him to pay more, and I found that funny. They soon learned that it was my Fiance and me against them, not the other way around.
Post # 73
Yes, but the only reason why I know is because when he gave me the paper work for my ring later on it had all the price information in with it and I was really happy with it that he didn’t spend tons of money on something like that and it was pricey enough, but not so much that he broke the bank.
Post # 74
I only know because he let me pick it out (online store). It’s waaaay under budget, and probably a lot cheaper than most of my friend’s rings.
I love it though. We both grew up pretty humble – not wealthy at all, so the price doesn’t bother me one bit 🙂
Post # 75
We shopped together so I had an idea, but he picked a bigger diamond and bought it on his own. I know what it cost because I own our condo, so I had to add it to our insurance.
Post # 76
Because we had looked at rings together, I had a fair idea how much my original engagement ring cost. When DH proposed a new ring on an anniversary, we then looked together. Although DH made the final purchase, I again had a fair idea.
Provided you also take care of insuring the ring and having a gift receipt if she needs that documentation for any cleanings/checkups (if purchased at a brick and mortar), there is no reason she needs to know. Had I not shopped with DH, I wouldn’t have any idea, nor would it ever have occurred to me to ask.