(Closed) Tiffany: Worth it?

posted 10 years ago in Rings
  • poll: What is your opinion on Tiffany rings?
    BEAUTIFUL and SO worth the price! : (76 votes)
    12 %
    Gorgeous, but there are other rings just as pretty at half the cost. : (436 votes)
    69 %
    I love them and they're way better than other rings, but I still wouldn't buy one due to price. : (51 votes)
    8 %
    Don't care for the rings regardless of cost. : (71 votes)
    11 %
  • Post # 152
    Member
    96 posts
    Worker bee
    • Wedding: June 2012

    @Lt.Columbo:  I disagree. Diamonds generally go up in value over time. So does gold. You can askanyone is the jewelry industry and they will confirm that it is a fact. Therefore a ring IS an investment, especially if you buy good quality. 

    Post # 153
    Member
    5656 posts
    Bee Keeper
    • Wedding: February 2012

    @CheekyWedding:  The trouble is diamonds are ridiculously overpriced when bought at at jewelry store in the mall, because you do not have buying power. Buying a diamond bond would be an investment, or buying a whole bunch of quality diamonds in bulk would be an investment, but buying a single diamond with some side stones in a ring is not. 

    Post # 154
    Member
    104 posts
    Blushing bee
    • Wedding: May 2012

    When you buy Tiffany, you’re paying extra for the label, that’s all. You can get high-quality diamonds in settings that are just as beautiful or even prettier, for a fraction of the cost–and just because they don’t sport Tiffany-blue!

    Post # 155
    Member
    3175 posts
    Sugar bee
    • Wedding: May 2012

    I have a Tiffany Novo replica with a quality diamond centerstone that was purchased for 1/3 of the cost of the equivalent ring at Tiffanys. It looks EXACTLY like the picture. So, no, I don’t think it’s worth the cost. I feel that way about most name brands, though. Sure, oftentimes they are great quality, but that doesn’t mean you can’t get great quality without the name brand tag for less.

    Post # 156
    Member
    96 posts
    Worker bee
    • Wedding: June 2012

    @DeathByDesign:  Of course, that’s why no one should buy a diamond at a mall. My Fiance bought a lose stone in the diamond district in NYC, and my ring was then appraised for several thousand more than what he paid. I would also not recommend buying preset stones and to never buy stones without a GIA certificate.

    Post # 157
    Member
    510 posts
    Busy bee

    i have a tiffany round solitaire and I love it <3  That said.. I would’ve been happy with a ring from wherever, and Darling Husband knew this.. he chose to go there.  No complaints here 😉

    Post # 158
    Member
    5656 posts
    Bee Keeper
    • Wedding: February 2012

    @CheekyWedding: Ask that same jeweler who appraised it what they would be willing to buy it for and I bet you they would probably offer around 10% of what they just appraised it for. Those people in the NYC diamond district still made at least a 30% markup on your diamond because they bought a whole bunch of diamonds for a much cheaper price. The actual market value of the diamonds is not what they sold it to you for, it’s for the bulk, wholesale price.

    Why would any jeweler buy the diamond back from you for any more than you paid (nevermind the inflated appraisal “value”) when they can get another diamond from the wholesaler for so much cheaper? 

    Post # 159
    Member
    3175 posts
    Sugar bee
    • Wedding: May 2012

    @DeathByDesign:  I agree with you 100% about the whole “diamonds as an investment” myth.

    Standard jewelry store mark up is actually 300%, though. Crazy!! That’s why we bought from a wholesaler & had the diamond set independently 🙂 I would’ve loved a moissanite, though, because the price still disgusts me, but my fiance wanted diamond, so, diamond it is! lol

    Post # 160
    Member
    96 posts
    Worker bee
    • Wedding: June 2012

    @DeathByDesign:  Of course there is a mark up and every jeweler makes money when he sells you a stone. But if you get a good deal, your mark up won’t be as high as jeweler can get from someone else who hasn’t done their homework, and my jeweler has actually said to my Fiance in front of me that if we ever decide to sell the stone, he’ll buy it back for the price my Fiance paid. 

     

    Post # 161
    Member
    162 posts
    Blushing bee
    • Wedding: October 2012

    It’s all branding and marketing. One of the HIGHEST markups in the industry!!

    Post # 162
    Member
    3 posts
    Wannabee

    I would be careful what you read. There is a difference in spending a life career in the business vs reading what is online. I am not here to promote my business or anyone else. Just to shed a little light.

    Tiffany jewelery, as with most high end brands, is a package deal. You are not there to buy a diamond. You are there to buy a complete, high end, piece of jewelery. If you want to buy a diamond, head to any diamond district of any major city and negotiate with experts who are probably more likely to take advantage of you. High end brands have no big incentive to rip you off. Their product sells itself.

    For example, Apple does not sell you the best hardrive, they sell “most people” the best computer experience, as a whole.

    Those looking for a unique piece and/or a partial DIY project, I applaud you. Just remember, without much knowledge past the “4 C’s” and your 3-6 month research into the diamond business to save a few bucks, I’d be careful!

    Post # 163
    Member
    1528 posts
    Bumble bee
    • Wedding: November 1999

    @Jelly_Bean25:  this is years late, but i also have a trellis from blue nile and it’s gorgeous.

    Post # 164
    Member
    1140 posts
    Bumble bee

    I was all about Tiffany’s pre-ring shopping. I am not going to lie, I am a name brand person. But when I saw how much they marked up, they don’t have the greatest customer service and crappy upgrade policy compared to other jewelers…I decided not to go with them.

    Post # 165
    Member
    2425 posts
    Buzzing bee
    • Wedding: May 2012

    We looked at Tiffany for the heck of it, and while they certainly deliver an amazing experience in person (I swear they have magic lighting that makes things LOOK like they sparkle more than other stores, even if they don’t outside) but it is not worth the price IMO. I just remember we were looking at this gorgeous solitaire with channel set band, and the center stone was like .4 carats for $4K!!!! That is insane! You can get a diamond twice as big for that price! So I think you are paying for the name, which was not worth it to me.

    Post # 166
    Member
    72 posts
    Worker bee
    • Wedding: October 2009

    Pretty rings, but TOTALLY not worth it, IMO. While I was originally all about the brand names, after researching I realized just how much these places like to rip you off. I even heard that high-end brand name jewellers mark up their jewellery by 400%! While I get that they are trying to offer the whole “quality experience,” I think you can find the same thing at a local jeweller if you do your research.

    I just had to get my ring appraised here in London for insurance purposes (was purchased in the States), and it was appraised for almost 3x what was paid. I was also told by the jeweller that the appraised amount wouldn’t even cover a replacement if I were to buy it at a Bond St. Jeweller (think Tiffany, Cartier, Bulgari, etc.). Which would mean that my ring would probably cost $80-100,000 if purchased at a place like that…ridiculous considering I got the same thing for a fraction of the cost at an independent jeweller!

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