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re: What did you spend on an engagement ring?

Posted on 8/12/17 at 11:00 am to
Posted by dkreller
Laffy
Member since Jan 2009
34300 posts
Posted on 8/12/17 at 11:00 am to
quote:

Man I'm gonna tell you this. Do your homework. Don't buy from the retail stores on the corners. Find someone that doesn't have the overhead. As for the diamond, get a higher end diamond and sacrifice size if you have to. A diamond that is cut well, clean, and colorless will catch your eye more than a larger dull diamond.

This

I bought a .90 for my wife. If you get just below a carat, you get more bang for your buck. Once a diamond reaches 1 carat, it gets marked up.
This post was edited on 8/12/17 at 11:01 am
Posted by LittleSpoon
goals not standards
Member since May 2010
6611 posts
Posted on 8/12/17 at 11:05 am to
No family ring?
Posted by Kirk Herbstreit
in the outhouse
Member since Jan 2005
6200 posts
Posted on 8/12/17 at 11:48 am to
Luckily my wife isn't overly materialistic. We talked about how much we could and wanted spend and went from there. She opted for a nice ring that was't over the top which allowed us to spend more on the honeymoon. The store I purchased the ring from has a deal where you can bring the ring back in and trade up anytime you want. If she ever wants a bigger stone then I can always trade up for an anniversary gift.
Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 8/12/17 at 11:51 am to
quote:

8500 to 9k, little over a karat


Lol
Posted by LittleSpoon
goals not standards
Member since May 2010
6611 posts
Posted on 8/12/17 at 11:51 am to
quote:

The store I purchased the ring from has a deal where you can bring the ring back in and trade up anytime you want. If she ever wants a bigger stone then I can always trade up for an anniversary gift.


That's a good deal
Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 8/12/17 at 11:52 am to
quote:

Once a diamond is extracted, it gets marked up.


Fixed
Posted by UFFan
Planet earth, Milky Way Galaxy
Member since Aug 2016
3961 posts
Posted on 8/12/17 at 12:02 pm to
$0.

I stole mine.
Posted by vengeanceofrain
depends
Member since Jun 2013
12465 posts
Posted on 8/12/17 at 12:15 pm to
she doesn't really care for jewellery and i couldn't visually tell the difference I got her a chocolate diamond engagement ring for about 2700


i also had to take into account at some point she was going to get pissed take it off and throw it at me so i didn't want to go crazy
This post was edited on 8/12/17 at 12:16 pm
Posted by lsunurse
Member since Dec 2005
129146 posts
Posted on 8/12/17 at 12:18 pm to
Did she want a chocolate diamond?


Never got the fascination with those.....it's a brown diamond. If you called them brown diamonds....no one would buy them.
Posted by jdeval1
Member since Dec 2009
7525 posts
Posted on 8/12/17 at 12:19 pm to
About 3k in 2001. We didn't go all out on the wedding either. We also made a lot less money when we were younger. I wouldn't have married a woman that didn't care about us going into massive debt for a damn piece of jewelry and a party.
Posted by TheIndulger
Member since Sep 2011
19448 posts
Posted on 8/12/17 at 12:20 pm to
quote:


$14.5k; appraised/insured for 26k.





So many sharks in this thread who pulled one over on the jeweler
Posted by fr33manator
Baton Rouge
Member since Oct 2010
135035 posts
Posted on 8/12/17 at 12:21 pm to
quote:

Never got the fascination with those.....it's a brown diamond. If you called them brown diamonds....no one would buy them.




But yeah...brown diamonds are shite. They are industrial grade diamonds that someone had the bright idea to rebrand and put a premium on them, then market them to idiots.
Posted by cssamerican
Member since Mar 2011
8239 posts
Posted on 8/12/17 at 12:27 pm to
$600 bought in 2002. Wife doesn't care about jewelry, never did.
Posted by Pettifogger
I don't really care, Margaret
Member since Feb 2012
87748 posts
Posted on 8/12/17 at 12:28 pm to
Appraisals/insurance are absurd, but it made me look like a total badass when she found out about it

Posted by Hangit
The Green Swamp
Member since Aug 2014
47732 posts
Posted on 8/12/17 at 12:55 pm to
quote:

So many sharks in this thread who pulled one over on the jeweler


You do realize that nothing is worth what it is appraised at? Cars are worth more, diamonds are worth substantially less. What it is worth is what you can get for it.
Posted by gamatt53
Member since Nov 2010
4934 posts
Posted on 8/12/17 at 12:57 pm to
quote:

Appraisals/insurance are absurd


They are for retail replacement (including the huge markup) and not what they are actually "worth". Go try to sell your ring on Craigslist or trade it in and you will realize what a racket it is...you MIGHT be able to get 1/5 of that appraisal if you are lucky.

I suggest getting something used from some other sucker that bought new and paid all the markup (yes you still got hosed if you bought it online or retail). If you fiancé is worried about it being used just have the stones reset in a new setting. You will still be getting screwed but not as bad.
This post was edited on 8/12/17 at 1:03 pm
Posted by mdomingue
Lafayette, LA
Member since Nov 2010
48646 posts
Posted on 8/12/17 at 1:00 pm to
quote:

With that said, I believe a woman made up that rule.




Actually, I think it was the Jewelers that came up with that one.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
71200 posts
Posted on 8/12/17 at 1:08 pm to
Around $7k about 4 years ago
Posted by Pecker
Rocky Top
Member since May 2015
16674 posts
Posted on 8/12/17 at 1:13 pm to
I spent $27k. $23k in cash and got 0% interest on the other $4k for like 18 months. Paid it off about 6 months later so I could worry about the honeymoon costs. Got it from a Jew dealer who has been my parents' jeweler for the past 20 years.

Half of the reason for that was for her, the other half was for me. I wanted her to have something nice to walk around with because she'll like it. I also know that when people (broads) look at it, they'll know where it came from.
This post was edited on 8/12/17 at 1:21 pm
Posted by mdomingue
Lafayette, LA
Member since Nov 2010
48646 posts
Posted on 8/12/17 at 1:17 pm to
We bought a set of wedding ring and engagement ring for her. Spent $3500 in 1992. Let's ignore the diamonds for now and just look at the price gold, that's quadrupled over that time, roughly.

I'm not saying you should spend 9K but I don't think that is unreasonably high either. I think 3500 was about a month and a half worth of salary.
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