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Advice when buying a ring online (Canadian purchaser)

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h_dog2

Rough_Rock
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I am finally getting close to buying a ring online, I have narrowed it down to three rings, just waiting on information from a couple of dealers before i make my decision. I just had a general question regarding buying a ring and getting it shipped to Canada.

1. Is it always recommended to get the ring appraised locally when the ring arrives? (I am looking at two AGS certified diamonds and one GIA). Wink is one of the people, Angra is another one) - the diamonds I am looking at are all Ideal/Excellent cut diamonds, appear to be top quality.

2. What information do I need for insurance purposes? Two of the companies have mentioned that there is documentation for insurance purposes provided. I think Wink/Infinity Diamonds actually provide insurance, but if i have to eventually get insurance locally, I am reading that I may need an Canadian/international appraiser (at least that's what I am reading in the archives on PS) or will the documentation provided suffice?

3. If the diamond does not already have it, is it worthwhile getting an inscription put on the diamond (I have read that some diamonds have their certificate number or an unique number on it).

I think that's all i can remember for now, any advice, tips, comments will be very helpful.

Thanks in advance!
 
Date: 9/12/2008 8:02:57 PM
Author:h_dog2
I am finally getting close to buying a ring online, I have narrowed it down to three rings, just waiting on information from a couple of dealers before i make my decision. I just had a general question regarding buying a ring and getting it shipped to Canada.

1. Is it always recommended to get the ring appraised locally when the ring arrives? (I am looking at two AGS certified diamonds and one GIA). Wink is one of the people, Angra is another one) - the diamonds I am looking at are all Ideal/Excellent cut diamonds, appear to be top quality.

2. What information do I need for insurance purposes? Two of the companies have mentioned that there is documentation for insurance purposes provided. I think Wink/Infinity Diamonds actually provide insurance, but if i have to eventually get insurance locally, I am reading that I may need an Canadian/international appraiser (at least that's what I am reading in the archives on PS) or will the documentation provided suffice?

3. If the diamond does not already have it, is it worthwhile getting an inscription put on the diamond (I have read that some diamonds have their certificate number or an unique number on it).

I think that's all i can remember for now, any advice, tips, comments will be very helpful.

Thanks in advance!
Hi there!

I have just returned home from the appraiser with my custom Jeff White Sapphire/Whiteflash Diamond setting ring. (YAY). The ring came with an appraisal, but my insurer (here in Canuck-Land) requires a canadian appraisal.

So I found one and spent an hour while he did the appraisal. We had a great visit. I brought all of the documentation that came with my ring, and he inspected it thoroughly himself. He then put together a new appraisal in CDN$$ with applicable PST/GST broken out separately.

I'm now good to go. It was no big hassle, and cost me $60.00.

LS
 
Hi Lost,

May I ask who your insurer is? I am also from Canada, but the quotes I have received have been ridiculous!!

Anne
 
Date: 9/12/2008 10:00:30 PM
Author: anne_h
Hi Lost,

May I ask who your insurer is? I am also from Canada, but the quotes I have received have been ridiculous!!

Anne
I have no idea....(really!) My husband in in the insurance business and he arranges all of that stuff.

I DO know that it is a rider that is put on our House policy. I don''t know if in Canada you can actually buy a stand alone policy that''s not linked to a home policy.....

When I see him tomorrow I''ll ask for more info. Don''t have a quote yet because I just got the appraisal today.

LS
 
LostSapphire - Can you share the information of your appraiser as well?

We also got crazy quotes for insurance as riders on our home insurance.
 
oh I am interested too in the name of your insurer.
 
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