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#1 2016-06-29 11:05:26

SilverTounge15
Silver Stacker
From: Adelaide
Registered: 2015-03-27
Posts: 296
Trades :   18 

Buying an engagement ring

Guys i need alittle advice please...

I have begun the hunt for an engagement ring and although i despise the industry knowing fully well that prices are inflated and controlled it still must be a diamond doesnt it...

Anyway any advice on where to buy or where to get a decent deal or what to look for. I dont even know what questions to ask you guys.

Im reading about cuts, clarity, colour and the fourth one and think colour is where i would prefer to make the sacrifice for a cheaper diamond. I never knew they were this expensive, absolutely crazy if you ask me....

Thanks guys


WTT - Silver or gold for physical USD

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#2 2016-06-29 11:22:28

kramer
Member
From: toowoomba
Registered: 2015-04-30
Posts: 487
Trades :   40 

Re: Buying an engagement ring

My advice? Don't get married.

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#3 2016-06-29 13:01:44

trozau
Member
From: Coinland, USA
Registered: 2013-02-22
Posts: 271
Trades :   

Re: Buying an engagement ring

I recommend buying a quality diamond of at least 1 carat. Don't scrimp on an engagement ring. And most of all, remember: 'a happy wife is a happy life'.


trozau (troy ounce gold)
gold - the barbarous relic!

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#4 2016-06-29 15:41:38

Golden ChipMunk
Member
From: Jupiter, Venus, Mars
Registered: 2012-12-12
Posts: 6,730
Trades :   255 

Re: Buying an engagement ring

Other stones

CZ

Topaz


If you are rich , get a VVi

Maybe a Heartz on Fire cut ...... Very interesting


Original Perth CAPSULES - All Sizes Available
Full/ Half SOVEREIGN caps, contact Chip wink

Please leave pm , I will reply back  wink Chip

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#5 2016-06-29 16:48:04

Stoic Phoenix
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From: little things big things grow.
Registered: 2014-11-12
Posts: 2,944
Trades :   182 
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Re: Buying an engagement ring

Find a wholesaler of Diamonds, the mark up between wholesaler and retailer is like comparing a piece of silver generally for sale here and the same thing off Chip tongue

If you get a ring with a "valuation" of lets say $5k from a retailer...divide that number by between 8-10 to get its true cost

Last edited by Stoic Phoenix (2016-06-29 16:58:45)


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#6 2016-06-29 17:01:31

Golden ChipMunk
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From: Jupiter, Venus, Mars
Registered: 2012-12-12
Posts: 6,730
Trades :   255 

Re: Buying an engagement ring

Stoic Phoenix wrote:

Find a wholesaler of Diamonds, the mark up between wholesaler and retailer is like comparing a piece of silver generally for sale here and the same thing off Chip tongue

If you get a ring with a "valuation" of lets say $5k...divide that number by between 8 and 10 to get its true cost


You people are the biggest hippo ....

What where you trying to sell me????

I give you over double (2.5 X spots ) , and you want more...
Hippo


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#7 2016-06-29 17:09:05

Stoic Phoenix
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From: little things big things grow.
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Posts: 2,944
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Re: Buying an engagement ring

Chip, you really need to learn how to pick your battles better.....you seriously think offering $40 (which is hardly 2.5 x spot) on an Engelhard bar with a mintage of under 500 was a good offer?
This is coming from the same guy trying lease a one ounce bar for $500 a week.......please mate.
It went to a new home to a very appreciative member for well over your offer and no need to haggle.

Stop twisting the story Chip...I have a wife already who is a master of that.

Edit to note....My original post didnt mention anything about your attempted buying prowess....you brought that up all on your own champ. lol

Last edited by Stoic Phoenix (2016-06-29 17:17:17)


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#8 2016-06-29 17:10:24

Bullion Baron
Silver Stacker
From: Adelaide
Registered: 2009-09-14
Posts: 7,298
Trades :   139 
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Re: Buying an engagement ring

There was an engagement & wedding ring set on here not that long ago, for much less than valuation. May be worth putting up a WTB thread and see what comes your way.

If you have an opportunity to buy second hand in as new condition then you should get a much better deal than retail, far more diamond for your buck.

trozau wrote:

I recommend buying a quality diamond of at least 1 carat. Don't scrimp on an engagement ring. And most of all, remember: 'a happy wife is a happy life'.

IMO better to find a wife who will be happy with whatever ring you buy her.

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#9 2016-06-29 17:13:02

ego2spare
Member
From: Australia
Registered: 2013-06-01
Posts: 1,700
Trades :   30 

Re: Buying an engagement ring

I baught an engagement ring a few months ago. dont skimp on clarity.. i was under the impression that i was going to get the biggest cheapest. Because who seriously walks around with a jewellers magnifier? But if u look at many retailers diamonds just with the naked eye u can see that it looks very sandy. Like tiny cracks all through the diamond. I baught my ring very last minute so it costed like 6k from michael hill roll. But if i had more time i would have ordered from bluenile.com like i had originally planned and saved thousands on the same ring.

Last edited by ego2spare (2016-06-29 17:13:51)


There were more millionaires created during the Great Depression than any other time in history.

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#10 2016-06-29 17:14:41

willrocks
Silver Stacker
From: Yesterday
Registered: 2012-05-10
Posts: 7,629
Trades :   29 

Re: Buying an engagement ring

kramer wrote:

My advice? Don't get married.

Getting married means you'll statistically end up giving half your assets to someone you hate.


"You can ignore reality, but you cannot ignore the consequences of ignoring reality." - Ayn Rand

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#11 2016-06-29 17:15:47

Stoic Phoenix
Silver Stacker
From: little things big things grow.
Registered: 2014-11-12
Posts: 2,944
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Re: Buying an engagement ring

^ Moral of the story, marry someone worth more than yourself


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#12 2016-06-29 17:18:59

Golden ChipMunk
Member
From: Jupiter, Venus, Mars
Registered: 2012-12-12
Posts: 6,730
Trades :   255 

Re: Buying an engagement ring

Stoic Phoenix wrote:

Chip, you really need to learn how to pick your battles better.....you seriously think offering $40 (which is hardly 2.5 x spot) on an Engelhard bar with a mintage of under 500 was a good offer?
This is coming from the same guy trying lease a one ounce bar for $500 a week.......please mate.
It went to a new home to a very appreciative member for well over your offer and no need to haggle.

Edit to note....My original post didnt mention anything about your attempted buying prowess....you brought that up all on your own champ. lol

Get your fact right!!!

That was $50/ month lease with deposit of $500 ;


For your info, mintage of under 500 was only assumption....
I have proven the figured to Chris before that the figure was only estimated.


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#13 2016-06-29 17:29:30

Stoic Phoenix
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From: little things big things grow.
Registered: 2014-11-12
Posts: 2,944
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Re: Buying an engagement ring

Good for you chip but
1 - this thread isnt about you and my reference was a jest that you have decided to throw a tanty about.
2 - I mentioned you as a seller not a buyer, if you care to disclose what was discussed in PM's thats your choice but dont expect me to allow you to twist the story in your petty little mind and not call you out on it.
3 - this threads about buying a ring, not you or me.

If you want to have any more of a sook about any other trivial irrelevancies start a new thread.

Silver Tounge, refer to ego2spares post #9, it directly shows an example of why you should look outside of generic retailers.

Last edited by Stoic Phoenix (2016-06-29 17:31:44)


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#14 2016-06-29 17:43:17

Golden ChipMunk
Member
From: Jupiter, Venus, Mars
Registered: 2012-12-12
Posts: 6,730
Trades :   255 

Re: Buying an engagement ring

Stoic Phoenix wrote:

Good for you chip but
1 - this thread isnt about you and my reference was a jest that you have decided to throw a tanty about.
2 - I mentioned you as a seller not a buyer, if you care to disclose what was discussed in PM's thats your choice but dont expect me to allow you to twist the story in your petty little mind and not call you out on it.
3 - this threads about buying a ring, not you or me.

If you want to have any more of a sook about any other trivial irrelevancies start a new thread.

Silver Tounge, refer to ego2spares post #9, it directly shows an example of why you should look outside of generic retailers.

Check post #5, roll
Refer to me???
Wtf   Puny man



Who cares about your marriage life???
if you married a dragon too bad...
That is why you trying to pick a fight here...
I am not your punching bag


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Full/ Half SOVEREIGN caps, contact Chip wink

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#15 2016-06-29 17:56:45

Stoic Phoenix
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From: little things big things grow.
Registered: 2014-11-12
Posts: 2,944
Trades :   182 
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Re: Buying an engagement ring

I can make a joke about my wife Chip, you can't.
Try that again I will organise for someone to hit you so hard by the time you wake up your clothes will be back in fashion.


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#16 2016-06-29 18:01:53

Golden ChipMunk
Member
From: Jupiter, Venus, Mars
Registered: 2012-12-12
Posts: 6,730
Trades :   255 

Re: Buying an engagement ring

Stoic Phoenix wrote:

I can make a joke about my wife Chip, you can't.
Try that again I will organise for someone to hit you so hard by the time you wake up your clothes will be back in fashion.

Is that a threat???


Original Perth CAPSULES - All Sizes Available
Full/ Half SOVEREIGN caps, contact Chip wink

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#17 2016-06-29 18:25:25

Stoic Phoenix
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From: little things big things grow.
Registered: 2014-11-12
Posts: 2,944
Trades :   182 
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Re: Buying an engagement ring

Mention my wife again and you will find out I guess.
Say what you want about me Chip but leave innocent parties out of this.
This is the last comment on this thread by me to you - feel free to start a fresh thread or PM if you feel so slighted.

Last edited by Stoic Phoenix (2016-06-29 19:01:56)


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#18 2016-06-29 18:43:05

SilverTounge15
Silver Stacker
From: Adelaide
Registered: 2015-03-27
Posts: 296
Trades :   18 

Re: Buying an engagement ring

Gentlemen please....

Thank you to everybody's input, I assure you all that i have never wanted marriage but have developed trust and a deep relationship that calls for it, It is time to start thinking of these things, i am in no hurry to buy however as i have little knowledge about diamonds and could be sold a lemon and walk away thinking a got a good deal so i am going to take my time learning as much as i can before i buy.....

I want to be in a place where i could value a diamond myself in an educated amateur kind of way
It doesn't have to be the biggest rock but it has to shine
I used to collect crystals and mineral specimens so there is a pickiness with me about such things

again thank you to everyone I appreciate everyone's time...


WTT - Silver or gold for physical USD

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#19 2016-06-29 18:46:44

spannermonkey
Silver Stacker
From: Vic or pissed
Registered: 2010-06-04
Posts: 14,648
Trades :   228 

Re: Buying an engagement ring

What's your budget ?
That most important , I can source diamonds in Melbourne
At wholesale prices from various dealers ,


EXIT STAGE LEFT

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#20 2016-06-29 18:51:54

Stoic Phoenix
Silver Stacker
From: little things big things grow.
Registered: 2014-11-12
Posts: 2,944
Trades :   182 
Website

Re: Buying an engagement ring

Befriend a jeweller ST.
Failing that hit a lot of stores and ask a lot of questions, look at it through their loupes and ask them to explain and show you differences.
Its a big investment so if one won't spare the time for you another will.
Definitely take your time, it could literally save you thousands of dollars


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#21 2016-06-29 18:55:13

HugeMetalFan
Member
From: Sydney
Registered: 2015-04-12
Posts: 69
Trades :   

Re: Buying an engagement ring

There's a cold front in Sydney, but this thread is heating up big_smile

To stay on point; I definitely second Stoic Phoenix, find a diamond wholesaler and you'll definitely be buying the same for less than a chained retailer.

You should feel comfortable with the seller, do they take the time to educate you on the 5 C's? do they invite you to shop around with your new found knowledge? 
Be mindful of the premiums attached to certain cuts, along with the massive difference between white and dark inclusions which can translate in purchasing a diamond with slightly lower clarity.

Alternatively you can always opt for a cheaper manufactured diamond to ensuring its flawlessness, like your flawless gal... which is how I would spin it.

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#22 2016-06-29 22:31:25

SilverTounge15
Silver Stacker
From: Adelaide
Registered: 2015-03-27
Posts: 296
Trades :   18 

Re: Buying an engagement ring

My budget depends on the timing of the purchase as i often find myself shifting money around in different places but can come anywhere between $3000 and $10000
I earlier said that i would not be as worried about colour but that has changed
Im just going to search until i find one diamond that feels right
and continue learning about them until i do
Thank you to everyone i will be following up everybody's recommendations both in this thread and in private msgs.....


WTT - Silver or gold for physical USD

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#23 2016-06-30 01:05:21

JulieW
Silver Stacker
From: Australia
Registered: 2010-10-14
Posts: 11,097

Re: Buying an engagement ring

Just a suggestion:

5132.jpg?w=720&q=20&auto=format&usm=12&fit=max&dpr=2&s=97abc33584f8f48f2cde7c133b1a8214

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#24 2016-06-30 01:20:21

Old Codger
Silver Stacker
Registered: 2011-05-13
Posts: 5,128

Re: Buying an engagement ring

Our engagement ring cost FIFTY POUNDS in 1959.  Made just for us to our design by an old Tobruk mate of the FiL.

Valued at $4000 about 2 years ago at Benjamins.

Handed all the jewellery down to the kids about then, (NEVER take rings etc into a nursing home).

OC

Last edited by Old Codger (2016-06-30 01:22:24)


"The Australian Labor Party is a democratic socialist party and has the objective of the democratic socialisation of industry, production, distribution and exchange, to the extent necessary to eliminate exploitation and other anti-social features in these fields."   -  ALP Constitution.

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#25 2016-06-30 01:26:34

silversearcher
Silver Stacker
From: Australia
Registered: 2012-11-06
Posts: 687
Trades :   13 

Re: Buying an engagement ring

SilverTounge15 wrote:

Guys i need alittle advice please...

I have begun the hunt for an engagement ring and although i despise the industry knowing fully well that prices are inflated and controlled it still must be a diamond doesnt it...

Anyway any advice on where to buy or where to get a decent deal or what to look for. I dont even know what questions to ask you guys.

Im reading about cuts, clarity, colour and the fourth one and think colour is where i would prefer to make the sacrifice for a cheaper diamond. I never knew they were this expensive, absolutely crazy if you ask me....

Thanks guys

I suggest you go to local jewellers and get one made up. I did this with my wife. You choose the amount of gold in the ring and diamond to be set. It will save money and you will most likely get a better quality ring...

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