How overpriced is this?

[Redwoods-hiker-girl]

I've fallen for a ring (which I haven't seen in person), but I wonder about the price. It's listed at $10,500, which seems rather high to me. The diamond is a 1.10-carat D VS1 square emerald cut (GIA cert here), and I love the simplicity of the look. May I ask for your expert opinions?

Here's a link to the ring. Giant fuzzy screenshot below.

Thanks!

 

[lovedogs]

Just found some asschers and square emeralds on JA that are D/VS2 and up in the 1.1ct range for around 5.5-7k. So yes, I think its priced high since the setting + side stones dont look like it should cost more than 2k (although I could be wrong). I feel like 8.5k would be more reasonable, but again I could be wrong about how $$ plat settings are right now.

 

[Ally T]

It's a beautiful ring for sure, but for a D VS1 in that size it feels way overpriced.

 

[Redwoods-hiker-girl]

Yes, it does. Thanks for confirming my suspicion, @lovedogs and @Alex T!

It's a beautiful ring for sure, but for a D VS1 in that size it feels way overpriced.

 

[ItsMainelyYou]

+1 overpriced
It would be cheaper to have one made.

 

[Redwoods-hiker-girl]

Yes, indeed. (Oh, David K. ... I have another project in mind!)

+1 overpriced
It would be cheaper to have one made.

 

[LightBright]

If it’s antique, it will have a premium, cause it would be a rare stone IF antique. But it might NOT be antique, it might be a modern stone in an antique setting or a repro setting, so you’d be paying a premium for rarity for a modern repro. I don’t know anything about antique Ascchers to tell you if that is actually an antique. But a D VS1 antique Asscher (it would have to also have a GIA cert to prove that) would be rare and would likely carry a premium.

 

[CircularBrilliant]

It's a beautiful ring! If you love it, why don't you make them an offer of what you think is a fair price and see if they'll take it? The worst they can do is say no

 

[Redwoods-hiker-girl]

That's a good idea, @CircularBrilliant -- I may try that!

It's a beautiful ring! If you love it, why don't you make them an offer of what you think is a fair price and see if they'll take it? The worst they can do is say no

 

[westofhere]

Fwiw, platinum has been weirdly low for the last several months, since historically it’s often been costlier than gold. Today’s prices: Gold $1,828, Platinum $1,047.

The store may have acquired the ring when platinum was higher priced, but it’s still a good thing to know when making an offer

 

[Redwoods-hiker-girl]

Wow, @westofhere -- that is a huge difference. Weirdly low is right.

Fwiw, platinum has been weirdly low for the last several months, since historically it’s often been costlier than gold. Today’s prices: Gold $1,828, Platinum $1,047.

 

[westofhere]

Yes! I’m contemplating buying bullion—not as a retirement-style investment (I know metals aren’t reliable for that), but for the fun of flipping it if/when it goes back up. Worst case scenario: the price doesn’t go up and the platinum becomes jewelry

 

[maryjane04]

To me it feels overpriced. But doing a quick search on Langs Antiques, Erstwhile, Victor Barbone etc for a 1 ish carat asscher/square emerald... it actually falls into the reasonable range.