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Message
re: How much is this engagement ring worth?
Posted on 6/9/13 at 5:17 pm to 13SaintTiger
Posted on 6/9/13 at 5:17 pm to 13SaintTiger
Stop. And get a certification for the diamond. Go to bluenile or some other site, put in the specs, and look at the price. The setting (actual ring) is not what is worth money. shite could be worth nothing if the stone is crap.
If he doesn't give you a certification, then don't buy it.
If he doesn't give you a certification, then don't buy it.
0
Posted on 6/9/13 at 5:43 pm to 13SaintTiger
quote:
How do I go about negotiating this ring?
Realize that it's not the only ring like that on the planet and tell the seller "Thanks for your time, I'll look for another ring."
Posted on 6/9/13 at 6:46 pm to saintsfan1977
quote:
spent $5k on a platinum ring about 12 years ago and when me and the girl split I got the ring back and tried sell it years afterwards. I went to a pawn shop as well as the store I bought it at and was told I could get about $50 for it
DeBeers spends 200 million dollars a year on marketing to make sure every woman in the world thinks a used diamond is worthless.
This post was edited on 6/9/13 at 6:48 pm
Posted on 6/9/13 at 6:53 pm to 13SaintTiger
quote:
The seller is willing to drive the price down to 6500$ but I want to negotiate 5k and he said he couldn't do it. How do I go about negotiating this ring?
A 1 carat diamond that has high quality Cut, Clarity and Color runs about 4800-5000 and a micropave white gold setting typically fetches around 1200
The 6500 isn't too far off considering that the jeweler has to make money on it himself
From the picture though in the OP of the actual ring though, it isn't a perfect angle and weird lighting but I woudl bet money that it is closer to an L in color than a D
Posted on 6/10/13 at 9:38 am to 13SaintTiger
I'm not trying to be insulting but that salesperson sees "dupe" engraved across your forehead. There is no way you should be negotiating price on a diamond without knowing the color, cut, or clarity...NO WAY!
You can also help your negotiating position by walking away and going to other jewelers and pricing similar stones. Use Blue Nile as well to get an idea of what it's currently worth. Don't go back to the original jeweler until you have priced several other similar stones.
You should also consider finding a private jeweler who has no storefront, therefore less overhead. I did that and he let me take the stone to an appraiser of my choice who gave me an estimate of current value(not an insurance value). It was a great deal.
Again the fact that you were negotiating with only 25% of the needed info tells this jeweler you're a sucker.
You can also help your negotiating position by walking away and going to other jewelers and pricing similar stones. Use Blue Nile as well to get an idea of what it's currently worth. Don't go back to the original jeweler until you have priced several other similar stones.
You should also consider finding a private jeweler who has no storefront, therefore less overhead. I did that and he let me take the stone to an appraiser of my choice who gave me an estimate of current value(not an insurance value). It was a great deal.
Again the fact that you were negotiating with only 25% of the needed info tells this jeweler you're a sucker.
Posted on 6/10/13 at 3:15 pm to 13SaintTiger
If he won't negotiate with you, go elsewhere. Every jewelry store has 35 rings in their case that look exactly like that.
Posted on 6/10/13 at 3:22 pm to Jake88
quote:
Again the fact that you were negotiating with only 25% of the needed info tells this jeweler you're a sucker.
This x 1000. Run away as fast as you can and don't step foot into a store again until you've done a lot of research online. Better yet, never step foot into a store and buy the ring online.
Use this: LINK /
Posted on 6/10/13 at 8:28 pm to 13SaintTiger
$7,000 is exactly right for that size diamond alone, not including the rest of the ring.
Posted on 6/10/13 at 8:37 pm to TDsngumbo
Posted on 6/10/13 at 8:41 pm to TDsngumbo
quote:
7,000 is exactly right for that size diamond alone, not including the rest of the ring.
You know nothing
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