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Diamond prices are sure skyrocketing!

lindacat

Rough_Rock
Joined
May 27, 2011
Messages
82
I bought an antique diamond ring from Israel Rose in New York about 2 weeks ago. At the time, I had several that I was looking at and trying to decide on, so I had printed out the pictures and prices from the website.
I was on his website just last night, and was looking at the ones that I did not pick, and he had increased the prices on all of his items by anywhere from $800-$1200 (price range was 7000-8000 originally). I am glad that I got mine 2 weeks ago - saved myseld a grand or so. I guess the prices really are going up on antique diamonds, and not just the new ones. The ring I got is shown next to my name - it is an 1.26 Old Eurpoean cut center stone that I am thrilled with. Love the old rings! Unfortunately my camera does not take good pictures so I can't get any more.
Anyway, has anyone else noticed the price increases this drastically?
 

anne_h

Brilliant_Rock
Premium
Joined
Jun 13, 2005
Messages
1,021
Yes. I was in the NYC diamond district on Fri June 17 and all the dealers told me Rap had just went up (I think 4%) on rounds that day. Luckily, everyone promised me "old" pricing on the stones I was already interested in. But these crazy increases are a big part of the reason I need to choose *now*. I feel even "now" is late - I started looking in late March, and prices have went up noticeably twice since then (that I'm aware of). I want to cry when I think about what pricing must have been like in Dec or Jan (before we had our upgrade money, lol).

Anne
 
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