I just noticed that two princess cut stones in the 0.5- 0.55 ct range I was looking at online yesterday have gone up in price by $33 and $151 respectively. The $151 is a 15% price jump for this stone.
These rises only appear to be with one of the vendors- is such a jump normal?
I've just looked a bit more at the $150 price rise- and the pricescope price for that stone is now $31 more than the everyday price for that stone listed on the companies website.
There has been several threads in the past couple weeks regarding possible future price increases which, if I can recall correctly, will not take place until the end of summer. It does sound surprising to have such an early price hike, but then again, I know nothing about the diamond industry. So to answer your question, I don't know. However, while shopping with one e-vendor, they were nice enough to tell me of an impending price increase on the setting I was interested in.
If you're interested in purchasing one of the two princesses (spelling?), then it does not hurt to ask for the before mark-up price (or even to ask any vendor when they plan to increase their prices). It has only been one day since the price increase so they may be willing to stick to the old price since you were considering buying it before the mark up.
I have seen a vendor or two raise prices on stones in their inventory semi-recently. When I asked about it, I was told that that was normal. Prices were only guaranteed once you had it on hold or a deposit down (I forget which). Thus, depending on the vendor and their practices, it could be just an internal adjustment they are making for whatever reason, or it could be related to the pending potential increase in prices. Why don't you ask them why the increase?
Status
Not open for further replies. Please create a new topic or request for this thread to be opened.