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»  » Diamond Prices and Grading »
 » RockyTalky
»  » How to tell a ring is platinum
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How to tell a ring is platinum |
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| P: 5/10/2007 4:07:54 AM | |
hellofish Rough Rock Total Posts: 12 Last Post: 5/10/2007 Member Since: 4/25/2007 |
Hello everybody! I'm considering getting a setting for my diamond from a small kiosk in one of those large jewelery districts. One of the vendors quoted me a price for under $400 for a nice platinum ring that he would make. Isn't that price a little too low? How can I tell that the ring is actually platinum, especially the crown? Does platinum always have "Plat" or "900" or "950" inscribed? If not, is there any other way to tell? Can an appraiser tell? Thanks, everybody!
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| Posted: 5/10/2007 4:07:54 AM | |
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There are 7 replies to this message. There are 7 replies on this page. |
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| P: 5/10/2007 5:59:59 AM | |
ladykemma Ideal Rock Total Posts: 2,194 Last Post: 6/16/2007 Member Since: 1/2/2006 |
agree, suspiciously low.
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| Posted: 5/10/2007 5:59:59 AM | |
| P: 5/10/2007 6:36:24 AM | |
Pyramid Ideal Rock Total Posts: 2,914 Last Post: 11/11/2009 Member Since: 11/10/2002 |
hmm I don't know, Whiteflash's basic Tiffany setting runs at $400, granted it is sold with a diamond though.
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| Posted: 5/10/2007 6:36:24 AM | |
| P: 5/10/2007 7:57:02 AM | |
neatfreak Ideal Rock Total Posts: 13,445 Last Post: 11/22/2009 Member Since: 2/17/2007 |
It's possible, but sounds suspiciously low to me. And remember, while real Platinum always has a stamp, all someone needs is a stamp that says PLAT to stamp a silver ring too. If you decide to go with it make sure you can return it if it isn't what it's supposed to be and then spend the $100 and take it to an independent appraiser.
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| Posted: 5/10/2007 7:57:02 AM | |
| P: 5/10/2007 8:27:08 AM | |
denverappraiser Ideal Rock Total Posts: 4,614 Last Post: 11/22/2009 Member Since: 7/21/2004 |
Platinum is fairly pricey stuff these days but if they aren’t using too much of it then they can stay within your budget. The crowns normally aren’t individually market but it’s not terribly difficult to test. I use one of these because they test electrically and therefore leave no marks on the piece but there are other approaches as well. Ask your appraiser when they are inspecting the piece if you have specific concerns and they don't bring it up first. Neil Beaty GG(GIA) ICGA(AGS) NAJA Professional Appraisals in Denver There's never a crowd when you go that extra mile. |
| Posted: 5/10/2007 8:27:08 AM | |
| P: 5/10/2007 12:13:23 PM | |
FireGoddess Ideal Rock Total Posts: 12,145 Last Post: 3/23/2009 Member Since: 1/25/2005 |
Platinum is significantly heavier than gold - the weight of the ring is sometimes a clue. I paid $400 for a platinum solitaire setting 5 years ago....and it wasn't custom. That is a pretty low price.
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| Posted: 5/10/2007 12:13:23 PM | |
| P: 5/10/2007 1:56:09 PM | |
BunniBling Cut Rock Total Posts: 120 Last Post: 5/23/2007 Member Since: 3/1/2007 |
Date: 5/10/2007 4:07:54 AM Author:hellofish Hello everybody! I'm considering getting a setting for my diamond from a small kiosk in one of those large jewelery districts. One of the vendors quoted me a price for under $400 for a nice platinum ring that he would make. Isn't that price a little too low? How can I tell that the ring is actually platinum, especially the crown? Does platinum always have 'Plat' or '900' or '950' inscribed? If not, is there any other way to tell? Can an appraiser tell? Thanks, everybody! FWIW, my Plat stamp "disappeared" during the sizing and polishing process and it wasn't restamped afterward. It happens. The jeweler will re-mark it if you ask. -J
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| Posted: 5/10/2007 1:56:09 PM | |
| P: 5/10/2007 5:39:30 PM | |
DBM Cut Rock Total Posts: 404 Last Post: 2/26/2008 Member Since: 10/24/2006 |
if it's thin enough it's doable. Isn't it funny how quoting too low can be an equal cause for a customer shying away as if quoting too high :-)
Daniel
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| Posted: 5/10/2007 5:39:30 PM | |
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