The Final Countdown....

[ManNeedsHelp]

From my best friend looking for some last minute advice, "I am super close to finally pulling the trigger on the engagement ring! I have tried to do all of my due diligence in researching and reading as much as I can on here. I have looked online and locally. And once I started throwing out numbers of prices online the local jewelers have been very wiling to be competitive, and I would prefer to buy local. After looking around I have found one I think I am ready to pull the trigger on...

Round GIA certified
2.02 C
SI1
J
Excellent, very good, very good,

I am very happy with how it looks and really just want reassurance that I am spending the right amount. The dealer is very reputable and has been established for a long time. It will be $12,900 out the door and then they want to charge $900 for solitaire 6 prong setting with prongs in platinum and band in white gold."

Thanks for your help!

 

[kb1gra]

My gut reaction is that the price for the setting is high, but that's just my gut-- it could be a very well made piece but I would think that a basic 6-prong stock setting should only be a couple hundred bucks.

As for the diamond, there's so much variability...however I ran those numbers through bluenile, and there are several J/SI1 very good GIA diamonds on there for ~10800 so my gut says the diamond is high as well. But that is with almost zero information about how good it really is.

 

[diamondseeker2006]

Hard to judge the diamond without further info such as an idealscope image. James Allen has triple excellents at 2 ct J SI1 in the $13k+ range, so that price is probably okay for local. Did you look at the inclusions with a loupe? Be sure you know what and where the inclusions are.

The setting is certainly too high unless it is a branded setting or something. I think $900 should be more than enough for a solid platinum 6 prong solitaire setting. I would not want white gold as it has to be replated.

All platinum $725:

http://www.whiteflash.com/engagement-rings/solitaire/6-prong-tiffany-style-solitaire-engagement-ring-4.htm

18k white gold shank with platinum head $650:

http://www.whiteflash.com/engagement-rings/solitaire/6-prong-tiffany-style-solitaire-engagement-ring-1078.htm

So basically, I would tell them that $900 has to be all platinum.