Diamond Jewelry Forums

Picture Gallery

Video Gallery

|

Search |

Posted Today |

Most Active |

Help

ť Home ť

ť Diamond Prices and Grading ť

ť Show Me the Ring ť

ť the cheapest place to buy a diamond

the cheapest place to buy a diamond

P: 9/19/2004 1:14:40 AM
rachelle Rough Rock Total Posts: 47 Last Post: 12/12/2005 Member Since: 9/18/2004	Is the answer the same place 20 years later? I would like to know if anyone has an answer to this one. My grandmother purchased her engagement ring in '78 from a very respectable jeweler is appraised for $5,500. She took it back last year to the same jeweler (the same ring no changes) and it appraised for $2,500. They wrote her a letter explaining that diamond prices were at a high in the late 70's and that her ring was now at today's market price. Is this right? The stone in question is a .59 vvs2 G round brilliant excellent cut.
Posted: 9/19/2004 1:14:40 AM

There are 9 replies to this message. There are 9 replies on this page.

P: 9/19/2004 1:09:56 PM
Upgradable Ideal Rock Total Posts: 2,447 Last Post: 11/23/2009 Member Since: 8/15/2004	For cheap diamonds I hear that ebay is great.
Posted: 9/19/2004 1:09:56 PM

P: 9/21/2004 2:52:50 AM
Todd07 Cut Rock Total Posts: 455 Last Post: 3/17/2005 Member Since: 8/17/2004	http://www.pricescope.com/prices.asp It implies a D IF in '79 was twice todays price Todd(aka Ricardo, aka Cowboy)
Posted: 9/21/2004 2:52:50 AM

P: 9/21/2004 3:07:11 AM
rachelle Rough Rock Total Posts: 47 Last Post: 12/12/2005 Member Since: 9/18/2004	My question is why?
Posted: 9/21/2004 3:07:11 AM

P: 9/21/2004 9:41:09 AM
Todd07 Cut Rock Total Posts: 455 Last Post: 3/17/2005 Member Since: 8/17/2004	Speculation People bought diamonds as an investment. All the advice here says buy diamonds for beauty but not as an investment. Todd(aka Ricardo, aka Cowboy)
Posted: 9/21/2004 9:41:09 AM

P: 9/21/2004 10:48:01 AM
cflutist Ideal Rock Total Posts: 1,370 Last Post: 7/20/2006 Member Since: 7/12/2004	If memory serves me, those were also the years of high inflation. Gold was at $800/oz, mortgage interest rates at 14% (I know, because it was 11.5% at the start of escrow in 2/80 and was 14% by the time we closed escrow in 5/80). I simple wedding band in 2/80 was $400, and the one I bought websailor in 8/97 was $67. I was also getting 15% raises back then, now I am lucky to get 3% !!!!
Posted: 9/21/2004 10:48:01 AM

P: 9/21/2004 1:54:05 PM
Patty Ideal Rock Total Posts: 4,031 Last Post: 6/4/2008 Member Since: 12/7/2003	The gold and diamond market went crazy in late 1979/early 1980. A 3/4 carat solitaire where I got my ring was $1200 in Januray 1979. By the spring of 1980, the same solitaire at my jeweler was $2000. I don't think that the prices were that high in 1978, though. Sure, they were higher than 3 or 4 years earlier, but not THAT much. Edited to correct the $900 to $1200...Sorry cflutist!
Posted: 9/21/2004 1:54:05 PM

P: 9/21/2004 2:06:51 PM
cflutist Ideal Rock Total Posts: 1,370 Last Post: 7/20/2006 Member Since: 7/12/2004	---------------- On 9/21/2004 1:54:05 PM Patty wrote: The gold and diamond market went crazy in late 1979/early 1980. A 3/4 carat solitaire where I got my ring was $900 in Januray 1979. By the spring/summer of 1980, the same solitaire at my jeweler was $2000. ---------------- No wonder I ended up with a .73 I1 from a mall jeweler. That was all he could afford in Dec 1979.
Posted: 9/21/2004 2:06:51 PM

P: 9/21/2004 2:21:46 PM
Patty Ideal Rock Total Posts: 4,031 Last Post: 6/4/2008 Member Since: 12/7/2003	I just realized that I put the wrong amount for the 1979 3/4c solitaire. It was $1200 and went up to $2000. The 5/8c was $900 in 1979 and went up to $1500 in 1980. And yes, cflutist, I remember watching those crazy mortgage rates in 1980. They were going up daily. We ended up with an adjustable rate FHA loan at 10.25 in June 1980 and thought that we'd gotten a bargain!
Posted: 9/21/2004 2:21:46 PM

P: 9/24/2004 5:33:36 PM
DanieBurger Rough Rock Total Posts: 15 Last Post: 9/24/2004 Member Since: 9/9/2004	---------------- On 9/19/2004 1:09:56 PM Upgradable wrote: For cheap diamonds I hear that ebay is great.---------------- I got my 1.17 D VS2 H&A Ideal loose diamond on eBay for $6400. It's the best diamond! I never thought in a million years I'd buy a diamond on eBay, but I did and it's awesome Dana
Posted: 9/24/2004 5:33:36 PM

Previous Page

Next Page

Ť Guess how many carat is this bling2 Ť

ť We are finally engaged :D ť

Next Topics
ACA RB or Jubilee? E-ring; thanks GoG! Pics of my Bezel Set RHR - YAY! Eternity Ring by Signed Pieces I had my new Superbcert diamond put into my wedding ring! my princess ering how do you clean an eternity band? princess photos Side stones = too much goin' on? Better pics of my cushion!!! 9 pic collage of my regent. Speaking of side stones....can everyone post... Alternative to soldering? Rough Old Hands How many times/hour do you look at your ring? does this custom setting price sound right to you 7 stone anniversary band Thanks for everyone's help -- here's the ring ... wedding band to match e-ring Guess how many carat is this bling2 We are finally engaged :D I couldn't resist Handshots of my E-Ring The product of my search.. enough of the ring talk! Let's talk about boxes! :) Show me your curved/custom wedding bands made to fit e-ring! :) Help finding a setting I figured it out! My e-ring... a radiant engagement Taking pictures again

Jump to:

Contact Us \| Back Home \| Privacy Statement \| Forum Agreement \| Forum Policies
Ideal BB Version: 0.1.5.4.beta1	Message forum software powered by the Ideal BB

Pricescope - Knowledge - Diamond Prices - Tools - Resources - About

Š 2000-2009 Pricescope. Terms of Use Privacy Policy Disclaimer
forum archives