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re: Engagement ring shopping/valuation

Posted on 4/21/16 at 2:52 pm to
Posted by Jon Ham
Member since Jun 2011
28661 posts
Posted on 4/21/16 at 2:52 pm to
quote:

I got what you described for about $1,800. They appraised it for $2,200. 0.52 carat diamond H color (near colorless), VSI1 clarity, and "excellent" cut (one below ideal). Set in 14k yellow gold.


That's makes me feel a little better. I'll shop around. I'm guessing you purchased that in Mississippi? I live in the northeast which has a higher cost of living, so I expect the same ring to cost a little more but not ~$2k more.
Posted by AllbyMyRelf
Virginia
Member since Nov 2014
3343 posts
Posted on 4/21/16 at 2:54 pm to
No, I live in GA. They were expensive in MS when I looked there.

Stuff is expensive in MS because the supply is low and there's not a lot of competition.
This post was edited on 4/21/16 at 2:56 pm
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