Engagement ring help.
Discussion
Lord Marylebone said:
2 GKC said:
Did you get out of the wrong side of the bed? ??
ecain has got a point though.If someone has posted a wholly unrealistic price for a ring, as someone in the industry I would expect him to say so.
By calling it out, he will prevent others from thinking that kind of price is normal and wasting their time trying to unsuccessfully seek out a smilier item at a similar price.
The time wasted is almost always my spare time / family time as my working day is more than filled with actual jobs. So, you can see why bizarre claims would bug me.
Lord Marylebone said:
2 GKC said:
Did you get out of the wrong side of the bed? ??
ecain has got a point though.If someone has posted a wholly unrealistic price for a ring, as someone in the industry I would expect him to say so.
By calling it out, he will prevent others from thinking that kind of price is normal and wasting their time trying to unsuccessfully seek out a smilier item at a similar price.
Knickers appear to have been unnecessarily twisted over it.
Greendubber said:
Lord Marylebone said:
2 GKC said:
Did you get out of the wrong side of the bed? ??
ecain has got a point though.If someone has posted a wholly unrealistic price for a ring, as someone in the industry I would expect him to say so.
By calling it out, he will prevent others from thinking that kind of price is normal and wasting their time trying to unsuccessfully seek out a smilier item at a similar price.
Knickers appear to have been unnecessarily twisted over it.
Jewellery quarter items won't be any cheaper in reality than those in a good independent workshop elsewhere in the country. The same thing goes with Hatton Garden and the Lanes of Brighton. They are just names on a map and spookily the materials sold in Manchester, Plymouth, Edinburgh etc come from the same places that the suppliers in London and Birmingham buy from. Diamonds don't get mined in London, Gold doesn't get dug out the fields of Brum. They are only a hub for supplies and workshops nationwide can and do buy at the same rates.
To the OP: If you are looking at £2400 for a 0.70ct diamond with the specs you listed, you're doing ok. RRP should be well over £3000, possibly £4000 in some bigger chains. My point still stands however.... go and look at some stones in the flesh. Diamonds are all different and there are subtle differences between identically graded stones. You'll know when you see the right stone
ecain63 said:
Greendubber said:
Lord Marylebone said:
2 GKC said:
Did you get out of the wrong side of the bed? ??
ecain has got a point though.If someone has posted a wholly unrealistic price for a ring, as someone in the industry I would expect him to say so.
By calling it out, he will prevent others from thinking that kind of price is normal and wasting their time trying to unsuccessfully seek out a smilier item at a similar price.
Knickers appear to have been unnecessarily twisted over it.
Jewellery quarter items won't be any cheaper in reality than those in a good independent workshop elsewhere in the country. The same thing goes with Hatton Garden and the Lanes of Brighton. They are just names on a map and spookily the materials sold in Manchester, Plymouth, Edinburgh etc come from the same places that the suppliers in London and Birmingham buy from. Diamonds don't get mined in London, Gold doesn't get dug out the fields of Brum. They are only a hub for supplies and workshops nationwide can and do buy at the same rates.
To the OP: If you are looking at £2400 for a 0.70ct diamond with the specs you listed, you're doing ok. RRP should be well over £3000, possibly £4000 in some bigger chains. My point still stands however.... go and look at some stones in the flesh. Diamonds are all different and there are subtle differences between identically graded stones. You'll know when you see the right stone
Interesting topic
General question about certification of diamonds for the experts -I'm just away to get an updated value for insurance purposes (last one was five years ago)
Wife's platinum engagement ring was bought from Tiffany in New York back in 2007, and of course we paid over the odds at the time in the spur of the moment. The certificate is from "Tiffany Gemological Laboratory" rather than GIA or AGS
0.82 carat, VS2, H - full specs as shown
Is there any tangible difference between how the different bodies would appraise the same stone? Is it just down to the individual assessing it to make a subjective judgment as to which category it falls into?
General question about certification of diamonds for the experts -I'm just away to get an updated value for insurance purposes (last one was five years ago)
Wife's platinum engagement ring was bought from Tiffany in New York back in 2007, and of course we paid over the odds at the time in the spur of the moment. The certificate is from "Tiffany Gemological Laboratory" rather than GIA or AGS
0.82 carat, VS2, H - full specs as shown
Is there any tangible difference between how the different bodies would appraise the same stone? Is it just down to the individual assessing it to make a subjective judgment as to which category it falls into?
Edited by phope on Saturday 24th October 14:49
phope said:
Interesting topic
General question about certification of diamonds for the experts -I'm just away to get an updated value for insurance purposes (last one was five years ago)
Wife's platinum engagement ring was bought from Tiffany in New York back in 2007, and of course we paid over the odds at the time in the spur of the moment. The certificate is from "Tiffany Gemological Laboratory" rather than GIA or AGS
0.82 carat, VS2, H - full specs as shown
Is there any tangible difference between how the different bodies would appraise the same stone? Is it just down to the individual assessing it to make a subjective judgment as to which category it falls into?
It'll be still be valued for insurance at its replacement cost. So, it'll be toppy and in line with the current sticker price at T&Co. General question about certification of diamonds for the experts -I'm just away to get an updated value for insurance purposes (last one was five years ago)
Wife's platinum engagement ring was bought from Tiffany in New York back in 2007, and of course we paid over the odds at the time in the spur of the moment. The certificate is from "Tiffany Gemological Laboratory" rather than GIA or AGS
0.82 carat, VS2, H - full specs as shown
Is there any tangible difference between how the different bodies would appraise the same stone? Is it just down to the individual assessing it to make a subjective judgment as to which category it falls into?
Edited by phope on Saturday 24th October 14:49
phope said:
Is there any tangible difference between how the different bodies would appraise the same stone? Is it just down to the individual assessing it to make a subjective judgment as to which category it falls into?
A salesman at Tiffany told me their grading is more strict that others so a G color on their scale would be an F on the other scales. I remember thinking that it sounded like she was spinning me a yarn at the time, especially as she couldn't tell me what Tiffany D stones would be graded by GIA or similar.The Moose said:
phope said:
Is there any tangible difference between how the different bodies would appraise the same stone? Is it just down to the individual assessing it to make a subjective judgment as to which category it falls into?
A salesman at Tiffany told me their grading is more strict that others so a G color on their scale would be an F on the other scales. I remember thinking that it sounded like she was spinning me a yarn at the time, especially as she couldn't tell me what Tiffany D stones would be graded by GIA or similar.El stovey said:
Diamond rings seem to have gone up a bit since I got engaged in 2004.
Is it just inflation or have diamonds got more expensive?
Currency changes, inflation, market manipulation by investors etc. Yup, it's all got expensive. Is it just inflation or have diamonds got more expensive?
Also, finance is cheap now so suppliers know they can charge what they want because people can get the money on tick.
Lord Marylebone said:
ruggedscotty said:
If that is how you view it, may I politely suggest you never get married.but then thats just the realist speaking, it may be you are indeed lucky and find someone unique lol
as you were.
ecain63 said:
El stovey said:
Diamond rings seem to have gone up a bit since I got engaged in 2004.
Is it just inflation or have diamonds got more expensive?
Currency changes, inflation, market manipulation by investors etc. Yup, it's all got expensive. Is it just inflation or have diamonds got more expensive?
Also, finance is cheap now so suppliers know they can charge what they want because people can get the money on tick.
https://www.pricescope.com/diamond-prices/diamond-...
and the metal being used:
https://www.gold.co.uk/platinum-price/20year/ounce...
Edited by RSTurboPaul on Monday 26th October 10:51
I’m pretty sure the diamond shop is where we got my wife’s engagement ring and also our wedding rings made 13 years ago.
They have a place on Hatton Garden and you can actually make each other’s wedding rings there. We didn’t do that as I’m rubbish at that sort of thing.
They were really good when it came to choosing the diamond though. He literally got a box full of diamonds out, talked us through the ins and outs of diamonds and didn’t necessarily try to push us towards the very best diamond money can buy. It was all in a very good experience.
I’ve no idea if they still do engagement rings on the premises but we were very happy customers.
They have a place on Hatton Garden and you can actually make each other’s wedding rings there. We didn’t do that as I’m rubbish at that sort of thing.
They were really good when it came to choosing the diamond though. He literally got a box full of diamonds out, talked us through the ins and outs of diamonds and didn’t necessarily try to push us towards the very best diamond money can buy. It was all in a very good experience.
I’ve no idea if they still do engagement rings on the premises but we were very happy customers.
Bumping as this thread seems to be pretty relevant.
Took my wife's engagement ring to be valued for insurance purposes this week and found out one of the diamonds has "a big chunk" missing, to say she is gutted is an understatement.
The ring was made in '91 by a family friend in the US and according to the original invoice the diamond in question is exceedingly brilliant, princess cut, SI1, colour I, 0.4 carat.
The jeweller has said it'll take them a couple of weeks to come up with an estimate to replace and fit something similar - just wondered if anyone could give a ballpark figure we're looking at?
And if we go down the insurance claim route, do insurers (Aviva in this case) let you buy back the original stone as salvage? And again, any ideas roughly what we'd be looking at? She's keen to retain the original for sentimental reasons and maybe get it set in a pendant or something.
Thanks.
Took my wife's engagement ring to be valued for insurance purposes this week and found out one of the diamonds has "a big chunk" missing, to say she is gutted is an understatement.
The ring was made in '91 by a family friend in the US and according to the original invoice the diamond in question is exceedingly brilliant, princess cut, SI1, colour I, 0.4 carat.
The jeweller has said it'll take them a couple of weeks to come up with an estimate to replace and fit something similar - just wondered if anyone could give a ballpark figure we're looking at?
And if we go down the insurance claim route, do insurers (Aviva in this case) let you buy back the original stone as salvage? And again, any ideas roughly what we'd be looking at? She's keen to retain the original for sentimental reasons and maybe get it set in a pendant or something.
Thanks.
The specs on your damaged stone are nothing special. In todays market, a wholesale price for a rock of that spec wil be a few hundred (£300-500).
Now what the jeweller charges to replace with labour is a different matter.
Now what the jeweller charges to replace with labour is a different matter.
Edited by Ninjin on Sunday 8th August 16:40
Edited by Ninjin on Sunday 8th August 16:42
Sheetmaself said:
Oh and the site i have been looking at is thediamondsfactory if anyone has any views of them that would be great.
I used them, and they were fantastic value. The ring is gorgeous, not dissimilar to the one you show, but a colourless diamond. £2000ish IIRC. It gets admiring glances regularly.Gassing Station | Watches | Top of Page | What's New | My Stuff