Discount Diamond Rings
Jewelry Question: How much is the typical discount on a Diamond Ring‘s IGI appraisal?
I am shopping for a diamond Engagement Ring and I am trying to figure out whether the dollar amount indicated on a ring’s IGI appraisal is worth much in figuring out how good of a deal I am getting. For example, Costco sells rings at prices that are typically about 25% and 40% less than the IGI appraisal value. Do all Jewelers discount like this? Or do some retailers actually charge something approaching the IGI appraisal?
Thanks for your answers.
typically retaillers sell their certified Diamonds for less than their appraisal value–why, because it makes customers think they’re getting a great deal. i used to work at kay jewelers and all of the certified diamonds there were about $500-$3000 less than the appraised value.
some things to consider:
also, i don’t think IGI is as highly regarded as GIA-GIA is more modest in its appraisals and gradings Of Diamonds.
also–i don’t have a costco where i live, but do they offer a lifetime guarentee on the gold and the diamond itself? meaning, if your diamond falls out of your ring, are you SOL or are you protected. stores like kays guarentee the diamond for life. also a tip, if you do decide to go w/ Kay, or Belden (sister store, same stuff) you can get up to 10% off of a Certified Diamond, 25% off regular price of any other diamond. they don’t advertise, so ask for a better deal.
good luck!
TOP 5 Best Set Of Diamond Ring 2011 – Don’t Buy Before Checking Links Below For Discount
Diamond Jewelry | admin | 
August 18, 2010 6:46 am
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