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cutiek1t · Jun 7th, 2007, 11:16 PM

Remember my post about trade up couple days ago, anyway i went to a couple of jewelry store and ask if they want to do a trade up or buy back my 2 GIA ,0.52 they give me a price that is 30% less than what i paid for, that mean i'll be out of my pocket $1400.00, i paid $4400 . Can't believe diamond loose it value soo much for the consumer.

I haven't decide what to do yet. But thanks for all you ladies info.

LV Rawks · Jun 8th, 2007, 01:16 AM

The price of jewelry is highly inflated unfortunately.

Littlesharon · Jun 8th, 2007, 02:37 AM

[quote=cutiek1t;2965963]Remember my post about trade up couple days ago, anyway i went to a couple of jewelry store and ask if they want to do a trade up or buy back my 2 GIA ,0.52 they give me a price that is 30% less than what i paid for, that mean i'll be out of my pocket $1400.00, i paid $4400 . Can't believe diamond loose it value soo much for the consumer.

I haven't decide what to do yet. But thanks for all you ladies info.[/quot

If the shop is buying them without you buying anything from them you are probably getting the lowest price possible. If you are going to upgrade at the same time there might be some flexibility on the deal.

How big do you want to go? Also make sure you know what your upgrade costs on the net before you bargain in the shops, or you could loose in the trade up twice.

aquablueness · Jun 8th, 2007, 04:32 AM

oh man bummer. i think i saw your last post, wasn't sure, gots to go back and look but, :( yeah, jewelers inflate their price so much. hmm...you would be loosing a lot of money as the way i look at it. :(

crjhht · Jun 8th, 2007, 09:19 AM

This is exactly what I found. I tried to do the same last year with a 1 carat and a .75 both of excellent quality and I DID plan on upgrading by spending at least double what I was trading in. We choose instead, to just purchase a new diamond and keep my others for other settings. I will set the 1 carat in a pendant and am planning on using the .75 for a right hand ring. Unless you are able to find a private auction in your area, this tends to be the case. Just keep the diamonds and buy what you really want later on.

CharityJ · Jun 8th, 2007, 11:20 AM

I bought a pair of .5 carat earrings from a department store for around $600, and I wanted to upgrade to 1.0 carat earrings. The store I went to only gave me $250 for .5 carats for the trade-in. I don't know if this is possible, but can you go back to the store you bought the first pair from? If you upgrade at the original store, they usually give you back the full price paid. Keep us posted!

LVShoeFan2 · Jun 8th, 2007, 11:38 AM

Hmm... I recently upgraded my diamond and my jeweler (the one I originally bought from) gave me appraisal PLUS 5% per year appreciation.

cutiek1t · Jun 8th, 2007, 11:47 AM

Originally Posted by CharityJ

I bought a pair of .5 carat earrings from a department store for around $600, and I wanted to upgrade to 1.0 carat earrings. The store I went to only gave me $250 for .5 carats for the trade-in. I don't know if this is possible, but can you go back to the store you bought the first pair from? If you upgrade at the original store, they usually give you back the full price paid. Keep us posted!

I brought my from Bluenile and they don't do trade up, i'm kinda bump about the low price that they offer me.

ame · Jun 8th, 2007, 12:36 PM

Diamonds are probably one of the worst "investment" purchases there are. Unless the jeweler you buy it from offers a trade in/trade up of at least what you paid for it, you will never get back anything even remotely near what you paid for it. I am actually surprised at what they did offer you...usually its at least 50% lower.

Jun 7th, 2007, 11:16 PM	#1
cutiek1t OP Member Joined: Oct 2006 Posts: 651	Trade up follow up!! Remember my post about trade up couple days ago, anyway i went to a couple of jewelry store and ask if they want to do a trade up or buy back my 2 GIA ,0.52 they give me a price that is 30% less than what i paid for, that mean i'll be out of my pocket $1400.00, i paid $4400 . Can't believe diamond loose it value soo much for the consumer. I haven't decide what to do yet. But thanks for all you ladies info.
cutiek1t OP Member Joined: Oct 2006 Posts: 651	Last edited by cutiek1t; Jun 7th, 2007 at 11:18 PM.

Jun 8th, 2007, 01:16 AM	#2
LV Rawks Sofa King Aware Joined: Jun 2006 Location: Midwest USA Posts: 4,427	Re: Trade up follow up!! The price of jewelry is highly inflated unfortunately.
	__________________ *"We cannot change the cards we are dealt,* *just how we play the hand"* *~Randy Pausch*

Jun 8th, 2007, 02:37 AM	#3
Littlesharon Member Joined: Feb 2007 Posts: 463	Re: Trade up follow up!! [quote=cutiek1t;2965963]Remember my post about trade up couple days ago, anyway i went to a couple of jewelry store and ask if they want to do a trade up or buy back my 2 GIA ,0.52 they give me a price that is 30% less than what i paid for, that mean i'll be out of my pocket $1400.00, i paid $4400 . Can't believe diamond loose it value soo much for the consumer. I haven't decide what to do yet. But thanks for all you ladies info.[/quot If the shop is buying them without you buying anything from them you are probably getting the lowest price possible. If you are going to upgrade at the same time there might be some flexibility on the deal. How big do you want to go? Also make sure you know what your upgrade costs on the net before you bargain in the shops, or you could loose in the trade up twice.
Littlesharon Member Joined: Feb 2007 Posts: 463

Jun 8th, 2007, 04:32 AM	#4
aquablueness Whale Tail! Joined: Feb 2006 Location: Bayarea, California Posts: 4,200	Re: Trade up follow up!! oh man bummer. i think i saw your last post, wasn't sure, gots to go back and look but, :( yeah, jewelers inflate their price so much. hmm...you would be loosing a lot of money as the way i look at it. :(

Jun 8th, 2007, 09:19 AM	#5
crjhht Member Joined: Jun 2006 Location: la la land... Posts: 1,038	Re: Trade up follow up!! This is exactly what I found. I tried to do the same last year with a 1 carat and a .75 both of excellent quality and I DID plan on upgrading by spending at least double what I was trading in. We choose instead, to just purchase a new diamond and keep my others for other settings. I will set the 1 carat in a pendant and am planning on using the .75 for a right hand ring. Unless you are able to find a private auction in your area, this tends to be the case. Just keep the diamonds and buy what you really want later on.
	__________________ I live in my own little world. But its ok.... they know me here.

Jun 8th, 2007, 11:20 AM	#6
CharityJ Member Joined: Jun 2006 Posts: 310	Re: Trade up follow up!! I bought a pair of .5 carat earrings from a department store for around $600, and I wanted to upgrade to 1.0 carat earrings. The store I went to only gave me $250 for .5 carats for the trade-in. I don't know if this is possible, but can you go back to the store you bought the first pair from? If you upgrade at the original store, they usually give you back the full price paid. Keep us posted!
CharityJ Member Joined: Jun 2006 Posts: 310

Jun 8th, 2007, 11:38 AM	#7
LVShoeFan2 Hiphopopotamus Joined: Jun 2006 Posts: 1,133	Re: Trade up follow up!! Hmm... I recently upgraded my diamond and my jeweler (the one I originally bought from) gave me appraisal PLUS 5% per year appreciation.
LVShoeFan2 Hiphopopotamus Joined: Jun 2006 Posts: 1,133

Jun 8th, 2007, 12:36 PM	#9
ame Member Joined: Mar 2007 Posts: 1,841	Re: Trade up follow up!! Diamonds are probably one of the worst "investment" purchases there are. Unless the jeweler you buy it from offers a trade in/trade up of at least what you paid for it, you will never get back anything even remotely near what you paid for it. I am actually surprised at what they did offer you...usually its at least 50% lower.
ame Member Joined: Mar 2007 Posts: 1,841

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