Serious question

chippewastud79 · 01-30-2009, 10:00 AM

Spend what you can afford, don't over extend yourself on a diamond. If she is that in love with you the diamond won't matter.

I agree, color and clarity over carat. Another thing to keep in mind (based on the chart talked about below) a .99 carat is significantly cheaper than a 1.0 carat, each step up in size can be $1000 more per carat.

In my opinion, do not take her with you. Have an idea of the cut (round, princess, heart etc.), band (simple, design) and style (solitare, three stone, baguettes etc.) and pick out what you think she will like, you'll probably be right. It should be something you pick out on your own and again, if she loves you that much the actuall ring won't matter.

If you go to a store, and a guy pulls out a piece of paper and starts punching the numbers off of it into a calculator and then multiplying it and starts to subtract the "discounts". Ask them to see the sheet of paper they are working with, most of the time it is the standard pricing chart, they likely will decline to show it to you.

The international prices for diamonds based on the 4 C's are pre-established every month at basically what is knows as MSRP. Each jeweler will get a copy of this sheet and is supposed to adjust their prices accordingly. It is basically a giant spreadsheet that shows a grid of the price per carat for different colors, cuts and clarity.

What they typically do however is take that sheet and the diamond you are looking at and then double the price (or more), then show you the calculator and give you the special customer discount and give you 40% off or whatever and that is still above what you should be paying.

Basically it is a huge pharse. Like my jeweler told me, "Never pay retail for diamonds, because they are always jacking the **** out of their prices."

mosesbotbol · 01-30-2009, 10:06 AM

Quote:

Originally Posted by chippewastud79

The international prices for diamonds based on the 4 C's are pre-established every month at basically what is knows as MSRP. Each jeweler will get a copy of this sheet and is supposed to adjust their prices accordingly. It is basically a giant spreadsheet that shows a grid of the price per carat for different colors, cuts and clarity.

Are these sheets published on the web anywhere? Even a recent previous month would be a great guide.

chippewastud79 · 01-30-2009, 10:12 AM

Quote:

Originally Posted by mosesbotbol

Are these sheets published on the web anywhere? Even a recent previous month would be a great guide.

I am not sure, I believe they are only for diamond retailers. Let me see if I can get ahold of my jeweler real quick and see what they name of the sheet is and possibly search it.

Edit: The name of the report is called the Rapaport Diamond Report and is a subscription report that must be purchased by diamond retailers. You can find a few sites on the internet, but they all seemed to have the actual pricing sheet password protected.

Ask a jeweler to show it to you, it isn't too hard to interpret but you might need your own calculator to punch in the numbers because the prices are a price per karat.

Commander Quan · 01-30-2009, 10:49 AM

Quote:

Originally Posted by mosesbotbol

Are these sheets published on the web anywhere? Even a recent previous month would be a great guide.

http://www.srdiamond.com.tw/jewelry/...date/round.pdf

This is for one cut but you can use it as a guide

edit: after looking at this thing I have no idea how to read it

mosesbotbol · 01-30-2009, 10:57 AM

Quote:

Originally Posted by Commander Quan

http://www.srdiamond.com.tw/jewelry/...date/round.pdf

This is for one cut but you can use it as a guide

edit: after looking at this thing I have no idea how to read it

What does D-M stand for? I do not understand the pricing part? I am looking at the (.90-.99) for instance.

Commander Quan · 01-30-2009, 10:59 AM

ok I think I got it. The letters on the side are the color. The code across the top is the clarity where they meet is the price in 100s of dollars.

chippewastud79 · 01-30-2009, 11:06 AM

Quote:

Originally Posted by mosesbotbol

What does D-M stand for? I do not understand the pricing part? I am looking at the (.90-.99) for instance.

Quote:

Originally Posted by Commander Quan

ok I think I got it. The letters on the side are the color. The code across the top is the clarity where they meet is the price in 100s of dollars.

Yes the letters down the side are the color, the letters/numbers across the top are the clarity and the numbers are $100's so for instance an F, VS1 at .92 carats would be $5980 ($6500 x .92 carats).

Note the difference in prices between .90-.99 and 1.0-1.49 for the same color and clarity of diamonds, thats why I said the differences between a .99 and a 1.0 are so drastic.

Commander Quan · 01-30-2009, 11:09 AM

found one more

http://srdiamond.com.tw/jewelry/report_update/pear.pdf

the prices are a bit different between the 2 shapes

01-30-2009, 10:00 AM	#1
chippewastud79 Fatter than you! Join Date: Oct 2008 First Name: Larry Location: A little place called home. Posts: 5,397 Trading: (44)	Re: Serious question Spend what you can afford, don't over extend yourself on a diamond. If she is that in love with you the diamond won't matter. I agree, color and clarity over carat. Another thing to keep in mind (based on the chart talked about below) a .99 carat is significantly cheaper than a 1.0 carat, each step up in size can be $1000 more per carat. In my opinion, do not take her with you. Have an idea of the cut (round, princess, heart etc.), band (simple, design) and style (solitare, three stone, baguettes etc.) and pick out what you think she will like, you'll probably be right. It should be something you pick out on your own and again, if she loves you that much the actuall ring won't matter. If you go to a store, and a guy pulls out a piece of paper and starts punching the numbers off of it into a calculator and then multiplying it and starts to subtract the "discounts". Ask them to see the sheet of paper they are working with, most of the time it is the standard pricing chart, they likely will decline to show it to you. The international prices for diamonds based on the 4 C's are pre-established every month at basically what is knows as MSRP. Each jeweler will get a copy of this sheet and is supposed to adjust their prices accordingly. It is basically a giant spreadsheet that shows a grid of the price per carat for different colors, cuts and clarity. What they typically do however is take that sheet and the diamond you are looking at and then double the price (or more), then show you the calculator and give you the special customer discount and give you 40% off or whatever and that is still above what you should be paying. Basically it is a huge pharse. Like my jeweler told me, "Never pay retail for diamonds, because they are always jacking the **** out of their prices." __________________ If we weren't supposed to eat animals, then how come they're made of meat? You can never have too many cigars, they are like an investment in good times.

01-30-2009, 10:59 AM	#6
Commander Quan Feeling at Home Join Date: Oct 2008 First Name: Derrick Location: Canton, OH Posts: 966 Trading: (4)	Re: Serious question ok I think I got it. The letters on the side are the color. The code across the top is the clarity where they meet is the price in 100s of dollars.

01-30-2009, 11:09 AM	#8
Commander Quan Feeling at Home Join Date: Oct 2008 First Name: Derrick Location: Canton, OH Posts: 966 Trading: (4)	Re: Serious question found one more http://srdiamond.com.tw/jewelry/report_update/pear.pdf the prices are a bit different between the 2 shapes