Hi everyone,
I am looking at purchasing an engagement ring and am obviously trying to get the best bang for the buck. My initial search has been futile. I feel that I am almost better off walking into Tiffany''s and overpaying just so I have piece of mind that I am getting exactly what I am told I am getting. I have no idea how I can guarantee authenticity from a small jeweler and have heard enough horror stories to keep me up at night!
That being said, I originally wanted to purchase a 3ct ring in the Tiffany Setting (round cut diamond). On the Tiffany''s website they list a 2.5ct ring "starting at $48,000CDN. My criteria is as follows:
1. Round Cut Diamond (as per the "Tiffany" setting)
2. Single stone on thinner band and nice setting to show off the stone (this is why I like the Tiffany Setting)
3. I want it to sparkle - I have seen too many HUGE diamonds that look cloudy and odd. I assume this means better than VG2, ideal cut, and so forth.
4. I want her to say yes (most important).
My questions are as follows:
1. What are the lowest grades Tiffany''s sells? I am assuming it will be a good quality diamond if they will attach their name to it... this question pertains to #2 below.
2. What is a reasonable price to be paying for a 3ct ring if Tiffany''s starts their 2.5ct at $48,000. What kind of markup is that? Is it reasonable to think I can get the same quality diamond and similar setting for %50 less elsewhere?
3. Where are the best places to Diamond shop in Toronto? My whole search has been on Bloor St. so far (Cartier and Tiffany''s).
Please help a guy who hates diamond shopping.
Thanks
I am looking at purchasing an engagement ring and am obviously trying to get the best bang for the buck. My initial search has been futile. I feel that I am almost better off walking into Tiffany''s and overpaying just so I have piece of mind that I am getting exactly what I am told I am getting. I have no idea how I can guarantee authenticity from a small jeweler and have heard enough horror stories to keep me up at night!
That being said, I originally wanted to purchase a 3ct ring in the Tiffany Setting (round cut diamond). On the Tiffany''s website they list a 2.5ct ring "starting at $48,000CDN. My criteria is as follows:
1. Round Cut Diamond (as per the "Tiffany" setting)
2. Single stone on thinner band and nice setting to show off the stone (this is why I like the Tiffany Setting)
3. I want it to sparkle - I have seen too many HUGE diamonds that look cloudy and odd. I assume this means better than VG2, ideal cut, and so forth.
4. I want her to say yes (most important).
My questions are as follows:
1. What are the lowest grades Tiffany''s sells? I am assuming it will be a good quality diamond if they will attach their name to it... this question pertains to #2 below.
2. What is a reasonable price to be paying for a 3ct ring if Tiffany''s starts their 2.5ct at $48,000. What kind of markup is that? Is it reasonable to think I can get the same quality diamond and similar setting for %50 less elsewhere?
3. Where are the best places to Diamond shop in Toronto? My whole search has been on Bloor St. so far (Cartier and Tiffany''s).
Please help a guy who hates diamond shopping.
Thanks