budget

[rockabuy]

i want to get some assurance that I am not alone. i started searching for a ring about 4 months ago and found pricescope and dt in the last few months. I bought my diamond already. I have almost spent my "expected budget" just on the diamond and the settings i like are almost 3000. I think its from educating myself that I spent more, i wanted a nice diamond. My question is do most people who visit pricescope find that they spend more than they planned because they learn more about what makes a quality diamond, or in general what percentage above budget did everyone end up at out of curiosity.

 

[Talonnav]

I set separate budgets for the diamond and the setting. I set a diamond budget to be from $5000 to $8000. The more I looked at diamonds & the more info I got, the minimum started going up. First it was $6000 then $6500. In the end, the diamond we choose was $7400.

The settings are a different story. I think we might wind up breaking the bank on the settings, since we have to buy 3 rings... my e-ring, wedding band and his wedding band. Then at a later date I want to have my old e-ring diamond set in a new setting for my right hand.

Heather

 

[rockabuy]

i started with a budget of 6500-7000 for the ring and the setting. i thought i would by a stone for about 5000 but I ended up spending 5700 for a 1.07 hearts and arrows. The more I looked the more I became convinced that I would second guess myself later on if I didnt get an ideal cut. Now the setting I may buy is 2800 from an online vender (was 3400 w/o taxes at a store) so total is 8500. I guess ill end up 20 to 25% over my budget but I wont second guess myself that I could have bought a better ring. Ill just be a little more broke!!!

 

[fire&ice]

Actually, I spent significatly less than my budget.

Before coming to pricescope, I never would have thought about an SI stone.

 

[ringbling17]

I started off with a budget of $8000 to $10000 maximum for a RB over 1 carat. I wound up spending $18000, not including appraisals, etc. I am thinking about spending even more now for a 2 carat.
Luckily for me, my husband is a wonderful and understanding man!
I guess I went way over budget!

 

[rockabuy]

i guess i really had no idea how much diamonds cost before I came to pricescope but i soon realized that a diamond over 1 carat is not cheap. I would have spent probably 8000 for a g s1 1.07 h and a ags ideal at a store instead of 5700.00. I could have settled for less and maybe my girlfriend wouldnt have noticed a differance, but i would! I actually had two stones shipped to me 1 h and a one not and there was a differance (and not just in price!) thanks for the feed back.

 

[brideblush]

We ironically spent exactly what we had budgeted on. We spent more on the center stone than we had originally planned, but spent considerably less on the side stones and setting.

 

[pqcollectibles]

I spent about the same as I initially planned on spending locally.

I was getting a diamond pendant and I wanted a nice .75 carat to pass on to my kids. My local jeweler had an uncerted diamond I almost bought. Luckily, I'd found PS, so I posted the info I had on the diamond. Pretty much everyone thought I should pass and I did. Glad for that too.

I wound up with the size I wanted in an A Cut Above from White Flash for about the same amount I would have spent locally. Same $$$$ but far greater quality!!!