(Closed) Vera Wang Wedding Set – The Facts, the Appraisal.

posted 5 years ago in Rings
Post # 3
1980 posts
Buzzing bee
  • Wedding: March 2014

Your ring is beautiful. I am a little concerned that your appraisal is so close to what you paid, since appraisals tend to be higher than retail cost. I might take it to a second appraiser just to be sure.

FWIW, we paid around $8K for my center stone and it appraised at $12K, which I know is inflated, but necessary to cover replacement costs. Its just nice to have that cushion. 

Post # 4
360 posts
Helper bee
  • Wedding: March 2012

Very pretty. I agree with Miss Leopard. Appraisals are usually higher than cost because they’re usually done for insurance purposes, and in the case of insurance you’re talking about replacing it….which almost always costs more than the original cost, hence the higher appraisal price. 

Cost of gold/platinum goes up every year, taxes on these types of goods also rises yearly, and several other factors are the reasons why replacement cost is more than original price. You might think about getting a second appraisal done. 

Post # 5
3572 posts
Sugar bee
  • Wedding: September 2011

I am also concerned about the closeness of the appraisal.  My ring cost 4K, and appraised at 8K.

Post # 6
11747 posts
Sugar Beekeeper
  • Wedding: November 1999

Different appraisers may rate the color of your ring differently.  For instance, EGL may rate your ring an H, but GIA which is known for being more stringent in it’s ratings may call it an I or J or perhaps lower.  Same goes with the other C’s (except carat since that’s not subjective).  Whetter your stone was appraised in the setting or not also makes a difference.  

Your appraisal is usually higher than the paid price.  THough, you said you got it at zales so it doesn’t surprise me that it isn’t since the mark up at Zales is so high. But, as long as you love your ring that’s all that really matters!

Post # 7
5921 posts
Bee Keeper
  • Wedding: December 2010

Your ring is beautiful regardless. I think it’s weird they gave you a military discount when you aren’t in the military though,  lol. Why not just call it a discount? 

Post # 8
838 posts
Busy bee
  • Wedding: March 2008

@Linz1231:  Because it’s not really a discount.



Here’s the problem that you didn’t want to hear in the thread that you deleted. Your appraisal shouldn’t be close to what you paid for the ring. Regardless of whether it’s worth $100 less than you paid or $1000 less, you overpaid for your ring and that’s where the concern is. No one is trying to make you feel bad because the bottom line is that you have a ring that you love, but what I got from the thread that you deleted is that the posters were trying to EDUCATE you and others who may be jewelry shopping in the future. Both your e-ring and band appraised at less than you paid. That means you paid for the “name.”

Good ring purchases will appraise at far above the purchase price. It IS a concern that your ring appraised at less than you paid for it. It’s genuine concern, not a reason for you to get your feelings hurt.

Post # 9
98 posts
Worker bee
  • Wedding: June 2014

@DJones69:  I have to agree, usually the apprasails are worth alot more than what you paid. I have a ring from blue nile, it was appraised double than what I paid. With that being said, sometimes its worth shopping around and online. To buy the similar model in store it would’ve cost double than what we paid.


Zales tend to sale lower quality cut stones than some of the online retailers. I know that sometimes the markup on the chain stores can be significant. I have always told my boyfriend to buy diamonds online from a reputable seller online such as James Allen or Blue Nile. At least we know the stone will be GIA certified although to educate himself before making a large purchaise. The large retailers at times send lower quality stones. 

Post # 12
1654 posts
Bumble bee
  • Wedding: August 2015

@DJones69:  +1


Yeah, I agree with PPs. A good ring purchase shouldn’t cost higher than the appraisal cost. My first e-ring was purchased for $4400 and was appraised at over $6000 from Blue Nile. And the center stone alone was (informally) appraised for $6100 from a local jeweler/friend of mine. I just wanted to make sure I wasn’t ripped off, and apparently I wasn’t. 

We aren’t trying to make you feel bad at all, please understand that. It’s just that even my brother’s FI’s Tiffany ring got appraised for $18000 and he paid $15000. So I don’t really believe the “You pay more for the brand name, therefore it will be appraised at a lower cost.” I know you pay more for a brand name, but that doesn’t mean the ring should be appraised for less than you bought it.

Post # 13
10366 posts
Sugar Beekeeper
  • Wedding: September 2010

Your appraisal, if it is for insurance purposes, should actually be quite a lot higher than you paid, to allow for future inflation and price growth. The appraisal coming in right at what you paid is actually kind of concerning.

Post # 14
428 posts
Helper bee
  • Wedding: March 2014

If you really love the ring, I wouldn’t worry about the price. Can you afford it without going hungry or skipping doing things you love? Hopefully you’ll never have to sell it and it won’t matter what it appriases. You’ve already bought it, so just love it and be happy. In the long run, it will make a lovely family heirloom.

Post # 15
5447 posts
Bee Keeper
  • Wedding: February 1997

No accurate assessment of colour can be made while the stone is in its setting. You demanding a higher coloured stone will get you nowhere because a third party appraisal of a set stone isn’t reputable in comparison to a certification (even the dreadfully inaaccurate ones). And having another jeweler appraise the ring is usually a conflict of interest because the “appraiser” wants to sell you something or make you feel bad about what you purchased. You need a truly independent appraiser.

But for insurance purposes, the appraisal should always be higher than the price you paid, otherwise it is unlikely you will be able to replace the ring unless you lose it, say, tomorrow. An appraisal is designed to give you a cushion to ensure a replacement will be covered. I’d find another appraiser.

Post # 16
16 posts
  • Wedding: September 2014

Is it best to go to an appraiser different than where the ring was bought?  My e ring is from Jareds and I really don’t want them to do my appraisal bc I feel they may lie to me..

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