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This jeweler must have been working on a tremendous mark-up if he can come down so much in price. It may be, as you say, need for cash, but I would proceed with caution by bringing it to, or sending it to, one of the very reputable appaisers--not just someone he recommends. If he does not agree to do this with a full money back guarantee if the ring does not appraise well, I would be turned off.
I had a similar experience in the Diamond District. I was quoted $90,000 on a stone. I mae it clear that it was way out of my budget. After a few calls to his uncle, explaining to him what a nice lady I was and how I deserved this beautiful stone, he came down, in increments, to $30,000 cash. I left because I did not trust him. He tried to get me to pay $90,000(no chance) for a stone he could part with for $30,000. You may be on to a good thing. But I would proceed with great caution because anything that seems to be too good to be true probably is. See what arrangements you can make for a reliable appraisal and money back guarantee and also check his reocrd with the Better Business Bureau and Oncsumer Affairs. I don''t want to seem paranoid but the jeweler who offered me the $90,000 stone for $30,000 was in a very prestigious Fifth Avenue center and had oneof the front booths. I wish you luck and hope it turns out to be the great deal it seems to be. |
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Is there a lab report for the stone? The price sounds attractive for the description of the thing (assuming the stone is about 7k). But all that shows on this side of the screen are words that may not tell the whole story. I have no reason to believe it isn't a great find. Without seeing the ring and without a lab report for the diamond, it all depends on the seller. A couple of casting companies make settings similar to the legacy, so these need not be extremely expensive, although the design is quite intricate. Given the price, yours may be such a piece. Handmade would have been more, perhaps... Compared to a couple of versions found online... you did well (e.g. this and this).After the fact, what more could be said? |
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I saw the EGL report for the diamonds. This store is upscale in an upscale mall. If fact, on Christmas Eve I saw him being interview on the local news chanel. So I trust he isn't selling me glass.
I know one of the sales girl there she tells me it's a tremendous deal that is only happening because he's down like $100K from last year. She won't make any commission on the sale and I'm getting it less than a grand above cost. So I believe everything is indeed kosher and from a laymen's point-of-view the ring is simply beautiful. I've been shopping for 'legacy' replicas for two weeks now and it is by far the best I've seen. I think it's a go and I'll post pics tonight/tomorrow.....unless somebody responds in the next hour with a horrible story. |
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Looks good to me! Congrats on a great find at a great price. Let us know if ya get it and shower us with PIX!!!
** DISCLAIMER: Advice from decodelighted is for entertainment purposes only. decodelighted is not a licensed therapist, lawyer or medical professional. The role of decodelighted may be played by a revolving panel of wise a**ses and/or fluffy & delightful pets. Do not taunt decodelighted. Letters to decodelighted become property of decodelighted and may be plastered on billboards or mailed directly to offensive people mentioned in the content of the letter. Privacy can be assured only through appropriate cash or cake tithes to decodelighted. decodelighted is watching you. Copyright 2011, decodelighted. **
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