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Old 12-22-2010, 09:37 AM   #1
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Default Re: Engagement Rings??

I'll tell you where NOT get it: Zales.
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Old 12-22-2010, 09:48 AM   #2
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Default Re: Engagement Rings??

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Originally Posted by massphatness View Post
I'll tell you where NOT get it: Zales.



If you have a Barmakian's near you, go for it.
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Old 12-22-2010, 09:56 AM   #3
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Default Re: Engagement Rings??

Find the Rapaport online, it will give you the best idea of what a diamond should cost. It is the industry standard for pricing and updates quarterly I believe. It isn't meant to be public, but there are certain sites out there who will have a copy, even if it is an old one.

Personally, I buy diamonds from a distributor, above a 'wholesaler', 'dealer' or individual store. Diamonds, like any item go up in price the further they travel. The best bet is finding a distributor who gets the diamonds straight from New York (point of entry for all diamonds). You will likely have to pay in cash or in full before you can take the finished product.

Avoid online jewelers like Blue Nile. They loosely group their diamonds into far more broad ranges than a jeweler would. They buy diamonds in bulk that are all 'similar' to the type that they are selling, they could be anywhere from 2-4 steps off of what you think you are buying. You could end up paying $1000 for a diamond that was supposed to be a certain weight, color and clarity but they send you a diamond that was close enough to the untrainned eye but ends up being worth $800 when appraised.

Know what you are looking at, learn the 4 C's before you go, this will also help with the Rapaport. Personally, buying a loose diamond and having it set is far more personal than buying a completed ring that anyone can buy. Always ask to use the jewelers magnifier to examine the diamond yourself. A good jeweler will point out the flaws in the diamond under the glass for you, this is so you can realize why the diamond was rated the way it was.

For metals, if you are going with a white/silver colored metal, I would recomend paladium over platinum and white gold. Paladium is a precious metal that is slightly more expensive than white gold but far less than platinum. White gold is essentially bleached gold and will yellow over time and need to be redone to return to its 'white' color. Platinum is far more expensive but also far more labor intensive, it scratches far too easy and muct be buffed out periodically. Paladium is brighter, more scratch reistant and whiter than both the other two. For the price, I don't think you can beat the look.

Have an idea what type of ring she would like: solitare vs. three stone, plain band vs. design, square cut vs. round cut, etc. If you have a basic idea, you should be able to customize a ring that she will love.

Best of luck with the search.
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Old 12-22-2010, 09:59 AM   #4
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Default Re: Engagement Rings??

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Originally Posted by chippewastud79 View Post
For metals, if you are going with a white/silver colored metal, I would recomend paladium over platinum and white gold. Paladium is a precious metal that is slightly more expensive than white gold but far less than platinum.
Paladium is really cool. Good tip!
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Old 12-22-2010, 04:59 PM   #5
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Default Re: Engagement Rings??

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Originally Posted by chippewastud79 View Post
Avoid online jewelers like Blue Nile. They loosely group their diamonds into far more broad ranges than a jeweler would. They buy diamonds in bulk that are all 'similar' to the type that they are selling, they could be anywhere from 2-4 steps off of what you think you are buying. You could end up paying $1000 for a diamond that was supposed to be a certain weight, color and clarity but they send you a diamond that was close enough to the untrainned eye but ends up being worth $800 when appraised.
I'm not sure I agree with this statement. I just bought an engagement ring from Blue Nile a little over three months ago after a long time comparing both online and B+M options. My fiancee wasn't concerned about any fancy setting, so I got her a solitaire diamond in a "plaint" platinum setting. I found that, since I was largely just paying for the diamond, Blue Nile gave me the best price. According to my "research," a similar diamond to what I got from Blue Nile would have cost me around 30-40% more from any other store. Blue Nile made it easy to pick exactly which diamond I wanted, it came with certification, and the appraisal was right on. When buying from Blue Nile you lose a lot of the other services a B+M will provide and the sales relationship, but I'm convinced that I got what I paid for and could not have gotten that I would have gotten less diamond for my money had I gone anywhere else.
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Old 12-22-2010, 05:23 PM   #6
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Default Re: Engagement Rings??

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Originally Posted by jesseboston81 View Post
I'm not sure I agree with this statement. I just bought an engagement ring from Blue Nile a little over three months ago after a long time comparing both online and B+M options. My fiancee wasn't concerned about any fancy setting, so I got her a solitaire diamond in a "plaint" platinum setting. I found that, since I was largely just paying for the diamond, Blue Nile gave me the best price. According to my "research," a similar diamond to what I got from Blue Nile would have cost me around 30-40% more from any other store. Blue Nile made it easy to pick exactly which diamond I wanted, it came with certification, and the appraisal was right on. When buying from Blue Nile you lose a lot of the other services a B+M will provide and the sales relationship, but I'm convinced that I got what I paid for and could not have gotten that I would have gotten less diamond for my money had I gone anywhere else.
Blue Nile appraises their own diamonds and they are grouped into lots of similar diamonds. While their appraisal will be exactly what you think you paid for the diamond could be a full color off or otherwise different than what is represented by their website or papers they sent with it. I am only speaking on the knowledge from people inside the diamond business, I lack the personal experience as I have never purchased a diamond from them. By in large, most jewelers have said that Blue Nile is not giving you exactly what they represent.

At the end of the day, if your fiance/wife is happy with the ring, there is no problem about the price paid regardless of whether you got what you paid for. Unless you somehow got the most sparkling cubic zirconia.
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