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Jewelry Discuss engagement and wedding day jewelry.

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Old 02-03-2009, 07:54 PM
EmeraldEyes EmeraldEyes is offline
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Lightbulb ER - Know what your getting

Hi Everyone,

I was going to post this in the Engagement Ring Advice Thread but its locked for some reason, probably because its so old.

One thing i discovered in my engagement and wedding experience was that making sure that your diamond is certified is way more important than the Engagement Ring Advice thread would make you think it is. From a practical standpoint, you want to make sure you know exactly what you are getting and you want that report to be from a third party to make sure its totally accurate.

You wouldnt ask the person your buying a car from to tell you exactly how much its worth because what qualifies them to make that call, and what guarantees that they are right in their assessment? The same goes for diamond shopping, make sure what you are buying comes with a certification and not just your jewelers appraisal, preferably by GIA.

Ideally you want the grading report to be by GIA because they are the only non-profit grading institute and are regarded as the most accurate and trust worthy. Besides, if you want to get your shiny new diamond insured, which you really should, GIA is the only certification that my home insurance company would take (wouldnt surprise me if this is pretty standard). The report is kinda cool too, its got a mini roadmap of the diamond, kinda like a fingerprint.

-EE
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Old 02-03-2009, 08:12 PM
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Heather Heather is offline
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Totally agree. You'll also need a GIA certification for insurace... Jewelry over a certain amount of money is usually covered in a separate addendum from normal home insurance, and they need exact value.

The cost of the additional insurance to cover it is usually like - $15 extra per month per $1,000 value. So if you have $5,000 worth of jewelry, you'll have to pay an extra $75 per month.

Obviously read your home owners or renters insurance policies, but make sure that full value is recorded accurately so if something happens it can be fully replaced. My home owners would take an appraisal from a reputable jeweler, but for pieces valued at $5K and up, I needed the GIA certfication that came with the stone.
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Old 02-03-2009, 09:02 PM
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NovemberGal NovemberGal is offline
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Just an FYI, this really only applies to e-rings that have one or more large stones. Anything with small stones (like my multi-stone channel set ring) doesn't get a certification. I didn't know that when we were buying my ring, and the first place we went to, they made me feel like an idiot for asking about certification. Mind you, I didn't purchase anything there.
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