Post # 1
Me and my Fiance just ordered a new e-ring for me yesterday and for some reason I keep worrying about getting scammed. I know I probably shouldn’t be worrying, the seller has 300+ positive reviews on her site so obviously a lot of happy buyers. And she claims to be a jewler/goldsmith which I find believable. All her pieces have thorough descriptions below. She only sells vintage stuff, so obviously some of the apraisals are going to be close estimates when it comes to stone sizes and everything. The biggest reason I’m worring is because I feel like we got a really good deal on the ring! It’s only 10k gold, and had 0.45carats of diamonds (center diamond at 0.25carats and two flanking diamonds at 0.10carats a piece).
In the description she writes:
“2014 Appraisal as follows
Center Diamond – Brilliant Cut, Weight .25ct, Clarity S1-2, Color – H
2 Outside Diamonds – Brilliant Cut, Weight .10ct each, Clarity S1-2, Color – H
Total Value $1,450.00 USD”
We bought it for $400. Is it normal to be selling a $1,450 vintage ring for $400? She has another ring with a 0.25ct center diamond, 0.36ctw in 15k gold for $525. Is it the purity of the gold that is making the price of the second ring $125 higher than my ring? My ring has larger diamonds in it though?
I think maybe I’m just paranoid. She has a 3 day return policy so should I just go get the stones verified after I receive the ring? Does it cost much to get it appraised? I probably need to size down 1/2 size anyway so maybe I could just do it then.
Post # 2
Yes, get appraised as soon as you get it. Best to do that for insurance reasons anyway. If any doubts then speak with the seller and return.
Post # 3
I agree to get it appraised. Also, the seller coul dhave gotten the ring from an estate sale bout or a storage locker buy ont, and that is why the proce seems so low. In addition, most people do not actually get what jewelry is appraised for if they sell it. Since there are so many positive reviews, I would not worry, but get the apprasial to be safe.
Post # 4
How much is a typical appraisal? I know it can vary but I don’t want to spend $150 on an appraisal because I also have to resize it and that will be about $50 and then I’m already spending half of what the ring cost itself. If I take it into any old jewelry shop and ask them to test the diamonds will they do that? I’m more concerned about the diamonds thank the gold. On the other hand, since the diamonds are not suppose to be super high quality maybe I’ll be able to see some small inclusions or something that would make me feel more secure in their identites as authentic diamonds
Post # 5
I’ve found it’s normal for vintage jewellery to be sold at about half the appraised value. Add on the lower karat of the gold and I don’t think it’s too suspicious. Also you never know if she’s lowered the price because she’s had it sitting for a while.
Post pics when you get it! Congrats!
Post # 6
Jeweler a can vary. For the best idea call some in your area for more information
Post # 7
Yes any jewelry store will check stones with a diamond tester, check tightness of setting, and clean for free. Pretty ring – that is the one u wanted but he was not sure of right? I think it looks very classic. Congrats!
Post # 8
Beautiful ring! I wouldn’t worry about it. Just take it to your jeweler when you get it. They should be willing to take a quick look at the diamonds and verify that they are real and give you the basic specs for no charge, especially since you will be having them size it.
I’ve been looking and buying on ebay recently, and it is amazing how low the prices are on some really nice and high quality jewelry. Many people just don’t want to buy “pre-loved”, so the prices are quite the bargain if you look carefully.
Congratulations on you find, and I think it is great that you and Fiance now will both have the perfect rings!
Post # 9
I totally believe that the price can be that low despite the appraised value. Jewelry resale is rarely as high as appraisal value (only when it’s new), which is why it’s not a good investment — even if it’s antique. Also, your seller is online, she doesn’t have the overhead costs that brick and mortar stores have.
I own a little retail shop (physical, not online). I sell name brand (After Six, Perry Ellis, Oscar de la Renta, etc) tuxedos that have been rotated out of rental stock. I sell them incredibly cheap, given the quality and brands. But my supplier sells the exact stock even cheaper online; in fact he sells it so cheaply on ebay that I can’t compete with him, so I do not sell onlinne. So every Saturday and Sunday I sit here in my shop where I pay for rent and electricity. It’s just a market reality.
Post # 10
xstaticsummers: I got my ring custom made by an Etsy seller and I’ve been freaking out about my decision for 2 weeks, but I got regular updates and it looks pretty good. I get it today and I’m just hoping that it’s perfect and that I wasn’t scammed. The price was almost too good to be true, so I’m scared to get it appraised.
In your case, I think you should get it appraised as soon as you can (email the seller in case you get the ring on a weekend and so you have to wait until Monday to take it to the jeweler, and ask her if you can have until like Wednesday to send it back if need be) (also, I found a local jeweler that does free appraisals so you might be able to find someone too) but it looks like a great ring and it is probably from an estate sale or something where the seller got it for a good price and isn’t looking to make a huge profit. Hey, there must be some people in the world who just want to make nice things affordable!
Post # 11
Thanks everyone! I exchanged a few messages with the seller about sizing issues, etc. and she seems very lovely! She mentioned that she tries to keep her prices low so that buyers can budget for sizing adjustments and such. I am feeling a lot better about the situation 🙂 I think at the very least I will have my local jeweler test the diamonds at the same time as they do the resizing. I’m not really concerned about authenticating the gold because I totally believe that it is 10k gold lol
Thanks again for all of your help!