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Are diamond Prices HIGHER during Christmas and Valentines

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Skippy123

Super_Ideal_Rock
Joined
Nov 24, 2006
Messages
24,299
I lost my diamond and I am now getting a check to purchase a new ring. I was just wondering if it would be smarter to make my purchase AFTER Valentine''s? Someone once said the prices are higher during the holiday''s; do you think that is true? If not I will move forward finding something. Thanks for all your help! I just love this website; it is very helpful for sure!!!!!!!!!!!!!!1
 

mtrb

Shiny_Rock
Joined
Mar 8, 2003
Messages
207
I have never heard that,I have never noticed it affecting online vendors..
 

starryeyed

Ideal_Rock
Joined
Nov 6, 2006
Messages
2,398
Hi Skippy.

I know that some B&M stores will have post-Christmas and pre-Valentine''s Day sales. January can be a very good time to buy jewelry from B&M''s. However, internet vendors are a different animal. Diamond prices are linked to the Rapaport Index. Oddly enough, I was in the market around end Oct/beg Nov and noticed a modest diamond price DROP from James Allen - between 3-3.5%. The following week, they went up 0.5%.

I wondered the same thing as you - if there are seasonal increases in prices. I couldn''t find any conclusive evidence to that effect. One thing I did read was that diamond sales are highest in the 4th quarter. Therefore, you may be able to conclude that there is a better SELECTION pre-Christmas. Because prices rarely come down, now might be the best time to buy.
 

Skippy123

Super_Ideal_Rock
Joined
Nov 24, 2006
Messages
24,299
okay. Thank you very much!
 
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