My New 3.43 ct Tiffany Solitaire Ring Reveal!

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#108
I am new to the upgrade-business. How does it work?
You take the same ring and exchange the stone?
Does tiffany buy the smaller stone back?

I assume this only works for prong-settings?

This is very interesting indeed!
 
#109
lovely_bag said:
I am new to the upgrade-business. How does it work?
You take the same ring and exchange the stone?
Does tiffany buy the smaller stone back?

I assume this only works for prong-settings?

This is very interesting indeed!
Click to expand...

There are a few threads on this topic so try a search for more info, but yes, it works like an exchange. Assuming its in great condition, Tiffany accepts the original ring back (in its entirety) and deducts the original price of the original ring (minus a small fee for remounting/restocking) from the price of a new ring that is at least double the cost. I think some independent jewelers will work with you to buy back your original stone if it was from them and you're buying another from them, but I have no experience in this area.
 
#111
acrowcounted said:
There are a few threads on this topic so try a search for more info, but yes, it works like an exchange. Assuming its in great condition, Tiffany accepts the original ring back (in its entirety) and deducts the original price of the original ring (minus a small fee for remounting/restocking) from the price of a new ring that is at least double the cost. I think some independent jewelers will work with you to buy back your original stone if it was from them and you're buying another from them, but I have no experience in this area.
Click to expand...
Thank you for the explanation!

Does this mean Tiffany's sells used rings, too? Where to the rings go after they take them back?
 
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