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»  » Diamond Prices and Grading »
 » RockyTalky
»  » Michael B. price increase
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Michael B. price increase |
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| P: 6/15/2006 5:16:45 PM | |
radiantgirl Cut Rock Total Posts: 252 Last Post: 8/11/2009 Member Since: 4/12/2006 |
I just found out today that Michael B. raised his prices on his whole line. Luckily, we got my setting in time before this increase, though we did not buy the wedding band at the same time.  This question is for Bill Pearlman or whoever else who sells Michael B. - why the increase? Is it because the prices in platinum is going up? I was told by our jeweler that they wouldn't be surprised if Michael B. increases his prices again before the year ends. I just can't imagine this. His settings are so expensive already, and we got the cheapest setting he has to offer (petite princess)! I'm bummed for the cost of future cost of my wedding band.... 
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| Posted: 6/15/2006 5:16:45 PM | |
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There are 14 replies to this message. There are 14 replies on this page. |
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| P: 6/15/2006 5:24:35 PM | |
Shay37 Ideal Rock Total Posts: 3,343 Last Post: 8/30/2008 Member Since: 3/2/2004 |
Unfortunately, as we watch the precious metals market, it may not be too long before vendors have "according to market price" like a fish menu next to their settings. Said with tongue in cheek, sort of.  shay ______________________________My therapist loves me. His name is Brian the Cutter. |
| Posted: 6/15/2006 5:24:35 PM | |
| P: 6/15/2006 6:06:02 PM | |
mrssalvo Ideal Rock Total Posts: 16,860 Last Post: 11/24/2009 Member Since: 1/3/2005 |
i'm guessing it has to do with the metal prices like shay said. I did notice on Pearlman's website it now says the price but to also contact him because prices are subject to change . I know several other vendors also increased prices on their settings a few weeks ago too.
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| Posted: 6/15/2006 6:06:02 PM | |
| P: 6/15/2006 6:16:32 PM | |
mepearl53 Cut Rock Total Posts: 354 Last Post: 10/4/2007 Member Since: 4/14/2004 |
Unfortunately it is just a sign of the times. Michael was the last to raise his prices. Today, because of the ups and downs of the precious metals market we have to get daily quotes for some designers. But, that is only the tip of things. Heating and cooling costs have doubled, health insurance and general insurance has been rising every year double digits. Employees want raises and when you have top talent you have to pay them or lose them. De Beers has been raising prices on a monthly basis it seems and the prices are now trickling down to the consumer. The US dollar has been down and a host of other factors are in play. Hate to sound like a economist but inflation is showing it's ugly head.
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| Posted: 6/15/2006 6:16:32 PM | |
| P: 6/16/2006 12:59:30 AM | |
DiamondExpert Ideal Rock Total Posts: 1,243 Last Post: 6/20/2009 Member Since: 1/16/2003 |
Hello America!!!....your standard of living has been slowly falling for the last two, perhaps three, decades?...this will continue and the pace will quicken once China and India and the rest of the world "comes on line"...dont' expect the prices of ANY of the commodities to EVER return to 90's prices!...already second rate (behind most European nations), we will sink to third rate within the next 40 years...take that from a person who really doesn't know, but has strong opinions!...OK, I feel better now!
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| Posted: 6/16/2006 12:59:30 AM | |
| P: 6/16/2006 1:31:11 AM | |
strmrdr Ideal Rock Total Posts: 23,296 Last Post: 10/9/2009 Member Since: 11/1/2003 |
Date: 6/16/2006 12:59:30 AM Author: DiamondExpert Hello America!!!....your standard of living has been slowly falling for the last two, perhaps three, decades?...this will continue and the pace will quicken once China and India and the rest of the world 'comes on line'...dont' expect the prices of ANY of the commodities to EVER return to 90's prices!...already second rate (behind most European nations), we will sink to third rate within the next 40 years...take that from a person who really doesn't know, but has strong opinions!...OK, I feel better now! sorry but we are well on the way to 3rd in many areas. Time to stock up on pantyhose and things.... http://www.pricescope.com/idealbb/view.asp?topicID=37049 ........... Karl has joined the diamond trade and is now posting as Karl_K |
| Posted: 6/16/2006 1:31:11 AM | |
| P: 6/16/2006 8:54:34 AM | |
diamondseeker2006 Ideal Rock Total Posts: 17,609 Last Post: 11/18/2009 Member Since: 1/11/2006 |
Date: 6/16/2006 1:31:11 AM Author: strmrdr Date: 6/16/2006 12:59:30 AM Author: DiamondExpert Hello America!!!....your standard of living has been slowly falling for the last two, perhaps three, decades?...this will continue and the pace will quicken once China and India and the rest of the world 'comes on line'...dont' expect the prices of ANY of the commodities to EVER return to 90's prices!...already second rate (behind most European nations), we will sink to third rate within the next 40 years...take that from a person who really doesn't know, but has strong opinions!...OK, I feel better now! sorry but we are well on the way to 3rd in many areas. Time to stock up on pantyhose and things.... http://www.pricescope.com/idealbb/view.asp?topicID=37049 Pantyhose??? How about time to stock up on DIAMONDS! 
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| Posted: 6/16/2006 8:54:34 AM | |
| P: 6/16/2006 9:03:10 AM | |
dbgaap Ideal Rock Total Posts: 930 Last Post: 7/25/2006 Member Since: 2/12/2004 |
Date: 6/16/2006 8:54:34 AM ROFLMAOAuthor: diamondseeker2006 Date: 6/16/2006 1:31:11 AM Author: strmrdr Date: 6/16/2006 12:59:30 AM Author: DiamondExpert Hello America!!!....your standard of living has been slowly falling for the last two, perhaps three, decades?...this will continue and the pace will quicken once China and India and the rest of the world 'comes on line'...dont' expect the prices of ANY of the commodities to EVER return to 90's prices!...already second rate (behind most European nations), we will sink to third rate within the next 40 years...take that from a person who really doesn't know, but has strong opinions!...OK, I feel better now! sorry but we are well on the way to 3rd in many areas. Time to stock up on pantyhose and things.... http://www.pricescope.com/idealbb/view.asp?topicID=37049 Pantyhose??? How about time to stock up on DIAMONDS!
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| Posted: 6/16/2006 9:03:10 AM | |
| P: 6/16/2006 9:51:41 AM | |
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strmrdr Ideal Rock Total Posts: 23,296 Last Post: 10/9/2009 Member Since: 11/1/2003 |
Date: 6/16/2006 8:54:34 AM Author: diamondseeker2006 Date: 6/16/2006 1:31:11 AM Author: strmrdr Date: 6/16/2006 12:59:30 AM Author: DiamondExpert Hello America!!!....your standard of living has been slowly falling for the last two, perhaps three, decades?...this will continue and the pace will quicken once China and India and the rest of the world 'comes on line'...dont' expect the prices of ANY of the commodities to EVER return to 90's prices!...already second rate (behind most European nations), we will sink to third rate within the next 40 years...take that from a person who really doesn't know, but has strong opinions!...OK, I feel better now! sorry but we are well on the way to 3rd in many areas. Time to stock up on pantyhose and things.... http://www.pricescope.com/idealbb/view.asp?topicID=37049 Pantyhose??? How about time to stock up on DIAMONDS! hmmmmm well if ya have the survival stuff all put away and play it smart you can do that after the crash when they flood the market at 10 cents on the dollar. ........... Karl has joined the diamond trade and is now posting as Karl_K |
| Posted: 6/16/2006 9:51:41 AM | |
| P: 6/16/2006 10:02:49 AM | |
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diamondseeker2006 Ideal Rock Total Posts: 17,609 Last Post: 11/18/2009 Member Since: 1/11/2006 |
Hmmm, now that's a thought. Gosh, I really want one now, though. Are the banks safe?
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| Posted: 6/16/2006 10:02:49 AM | |
| P: 6/16/2006 11:44:06 AM | |
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strmrdr Ideal Rock Total Posts: 23,296 Last Post: 10/9/2009 Member Since: 11/1/2003 |
Date: 6/16/2006 10:02:49 AM Author: diamondseeker2006 Hmmm, now that's a thought. Gosh, I really want one now, though. Are the banks safe? Banks == the dollar.. one fails the other will 2. Banks are for funds that are left after survival needs are taken care of and for loans to get land. ........... Karl has joined the diamond trade and is now posting as Karl_K |
| Posted: 6/16/2006 11:44:06 AM | |
| P: 6/16/2006 11:52:47 AM | |
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diamondseeker2006 Ideal Rock Total Posts: 17,609 Last Post: 11/18/2009 Member Since: 1/11/2006 |
So where does one put their money to keep it safe? And would you take 401K money out of stocks now?
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| Posted: 6/16/2006 11:52:47 AM | |
| P: 6/16/2006 12:05:05 PM | |
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strmrdr Ideal Rock Total Posts: 23,296 Last Post: 10/9/2009 Member Since: 11/1/2003 |
Date: 6/16/2006 11:52:47 AM Author: diamondseeker2006 So where does one put their money to keep it safe? And would you take 401K money out of stocks now? This would take a book... the short answer is diversify but take care of survival first. Mutual funds will be the biggest killers. They have escape clauses that if the stock falls below a certain value they sell to save some of the investors money. Well what are the smart investors doing? buying all that cheap stock in the good companies that the funds are dumping. The rich get richer..... The last time the market crashed one of our clients made millions by buying up shares in companies he was planning on buying anyway as the market crashed. The rich get richer..... Right now the big money is going into real estate outside the cities and in refurb districts in the cities. But unless your connected you will never get a chance at these deals once they are public they are a suckers investment. The rich get richer, basically they use your money to get richer and give you a tiny pinch of it for the use of your money..... Just like banks..... ........... Karl has joined the diamond trade and is now posting as Karl_K |
| Posted: 6/16/2006 12:05:05 PM | |
| P: 6/16/2006 12:09:56 PM | |
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mrssalvo Ideal Rock Total Posts: 16,860 Last Post: 11/24/2009 Member Since: 1/3/2005 |
Date: 6/16/2006 12:05:05 PM Author: strmrdr Date: 6/16/2006 11:52:47 AM Author: diamondseeker2006 So where does one put their money to keep it safe? And would you take 401K money out of stocks now? This would take a book... the short answer is diversify but take care of survival first. Mutual funds will be the biggest killers. They have escape clauses that if the stock falls below a certain value they sell to save some of the investors money. Well what are the smart investors doing? buying all that cheap stock in the good companies that the funds are dumping. The rich get richer..... The last time the market crashed one of our clients made millions by buying up shares in companies he was planning on buying anyway as the market crashed. The rich get richer..... Right now the big money is going into real estate outside the cities and in refurb districts in the cities. But unless your connected you will never get a chance at these deals once they are public they are a suckers investment. The rich get richer, basically they use your money to get richer and give you a tiny pinch of it for the use of your money..... Just like banks..... hubby always says by the time the stock tips become available to the average invester thru money magazine or whatever...the insiders have already done the deals. stock up on bottled water  this is interesting for me because i'm saving for my upgrade. with the price increases it keeps pushing it back longer and longer b/c we can't always save at the same rate. i'm still trying to figure out a way to get my rings now 
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| Posted: 6/16/2006 12:09:56 PM | |
| P: 6/16/2006 10:11:05 PM | |
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strmrdr Ideal Rock Total Posts: 23,296 Last Post: 10/9/2009 Member Since: 11/1/2003 |
The fast price increases in diamonds and settings has created a hyper-inflation situation for some people. It starts in the luxury goods area, but if it ever drops down to everyday items hold on to your hat cuz its going down the crapper. ........... Karl has joined the diamond trade and is now posting as Karl_K |
| Posted: 6/16/2006 10:11:05 PM | |
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