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Price Question -- 2 ct. Harry Winston Oval Micropave' Ring

RUNYC

Rough_Rock
Joined
Apr 21, 2015
Messages
2
Hi All -

New to this forum but had question on pricing for an engagement ring for my soon-to-be fiancee'. I am looking to purchase the ring below and recently went into the HW store to look at pricing; the sales person mentioned that he would work with me on price but I wanted to get some opinions first. I included the details on the stone below, the asking price was $100K but from my initial research, this seems to be more of a $60-$70K ring (with the HW premium attached). Looking forward to hearing your thoughts! Thank you.

2.01 cts.
Oval cut, micropave' ring
D color; VS1
Platinum band

http://www.harrywinston.com/store/engagement/diamond-rings-2/products/oval-micropave-ring
 

Snowdrop13

Ideal_Rock
Premium
Joined
Aug 27, 2011
Messages
2,973
Re: Price Question -- 2 ct. Harry Winston Oval Micropave' Ri

Do you mean you want to buy this exact ring from Harry Winston or one the same style? A very quick look at James Allen shows a few 2ct D/E VS1/VS2 ovals retailing at around $26K.
 

RUNYC

Rough_Rock
Joined
Apr 21, 2015
Messages
2
Re: Price Question -- 2 ct. Harry Winston Oval Micropave' Ri

This exact ring; was looking for a place to start as far as negotiations without being laughed out of the room. Thank you
 

iota15

Brilliant_Rock
Joined
Mar 19, 2010
Messages
1,278
Re: Price Question -- 2 ct. Harry Winston Oval Micropave' Ri

I don't know the answer but $100K seems way out of line, even for a HW.

My uninformed guess would be something in the $55 to $65K region - about 2 to 2.5x more than an unbranded ring, but really, I don't know. I wouldn't pay more than 3 x though, unless the HW brand was really your fiance's thing.

Maybe check ebay to get an idea of HW ring prices? Or talk to another representative? There was a thread here, a long time ago, where I heard HW or other big jewelers may give discounts, but I don't think they were 40% deep.
 

diamondseeker2006

Super_Ideal_Rock
Premium
Joined
Jan 11, 2006
Messages
58,547
Re: Price Question -- 2 ct. Harry Winston Oval Micropave' Ri

Make sure she realizes that she could have a 3 ct very fine quality oval in equal quality custom setting for what you'll be overpaying for that ring. If the total to do it custom would be $35k, for example, I cannot see paying more than $50k for the HW stamp inside the shank.

Example of a very well cut 2 ct D VS1:

http://www.jamesallen.com/loose-diamonds/oval-cut/2.12-carat-d-color-vs1-clarity-sku-205003

Top of the line pave halo setting will run around $5k:

https://www.victorcanera.com/rings/engagement
 

som3guy123

Rough_Rock
Joined
Apr 18, 2015
Messages
10
Re: Price Question -- 2 ct. Harry Winston Oval Micropave' Ri

Hello,

I think i was in the same position as you about 4 months ago, when i was ring shopping. I realized I wanted something with the quality of HW, but could not pay the HW price. I would say HW jewelry is very well made and they only use VS clarity and F color or better stones. The ring you're looking at is the exact same ring I was looking to get made, but in a 1.53ct center stone. The 2 ct. ring at HW ranges from $65k to $100k depending on the center stone specs. I went a more time consuming, but cost effective route. I sourced the stone myself and found someone to hand forge the setting for me. If you want to see the final product, please see the link below. I can tell you I paid about 1/3 of what the HW price would have been. If cost is not a concern for you, go with the HW ring. But if cost is a factor i would suggest you source a stone and have the setting made. Maytal Hannah made my ring, and she's awesome to work with.

[URL='https://www.pricescope.com/community/threads/1-53-ct-oval-halo-by-maytal-hannah.212461/']https://www.pricescope.com/community/threads/1-53-ct-oval-halo-by-maytal-hannah.212461/[/URL]

http://www.maytalhannah.com/
 
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