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ring paid price vs appraisal price

Original post by AwaitingAugust

please post the price difference between your appraised value (from a real appraisal, not the value your jeweler gave) and what your FHs actually paid for your engagement ring

you don't have to put the actual prices if you don't want ... but please share how much the diff is

thanks!
FutureMrsG Posted:

Re: ring paid price vs appraisal price

My e-ring was appraised a bit lower then DH paid. The appraiser said it is because it is a 'name brand' and you often pay for the name. My wedding band was appraised for a few hundred dollars more then the cost. DHs wedding band was appraised for a couple of hundred dollars more then we paid.

mollygurl24 Posted:

Re: ring paid price vs appraisal price

Mine was appraised for about 10k more than what FI paid.

MrsCM Posted:

Re: ring paid price vs appraisal price


Posted by Lil OC

was appaised for 3x more than what he paid.



Same here! We knew at the time that we were getting a great deal because we went through a diamond wholesaler.
Jna2010 Posted:

Re: ring paid price vs appraisal price

appraised for 9k more than he paid

julesrbf Posted:

Re: ring paid price vs appraisal price

Mine appraised for 8k more than DH paid.

AdriandSteve Posted:

Re: ring paid price vs appraisal price


Posted by leesah85

Mine was appraised for about 3K more than what I 'think' he paid lol.



same lol.
elimnite1 Posted:

Re: ring paid price vs appraisal price

Mine was appraised for almost 8K than FH paid

itbroi805 Posted:

Re: ring paid price vs appraisal price

mine was appraised for $6000 more.

MottsGirl Posted:

Re: ring paid price vs appraisal price

It was within $2500

justme4868 Posted:

Re: ring paid price vs appraisal price

Did you go somewhere and get the ring appraised?

My ring came with an appraisal price, should I get another one?
mrsq2be Posted:

Re: ring paid price vs appraisal price

mine was about 6K oover what he paid.

DaniandKen2010 Posted:

Re: ring paid price vs appraisal price

I work for an insurance company and an e-ring should NEVER appraise for less than you purchased it for no matter the name brand. If the jeweler will not take back the ring and give you what you paid for I would put in a complaint with the BBB. You actually may have problems insuring the ring.

lbkate Posted:

Re: ring paid price vs appraisal price

Mine was appraised for about 7k more then what FH paid.
When buying a diamond, you should always have them put on the reciept, 'can be returned if not appraised at/or higher then what you paid!'
You may have trouble insuring the ring now...
NYBride Posted:

Re: ring paid price vs appraisal price

I have two appraisals. One is for $10k more, the other for $20k more. To insure it is ridiculous.

bluj786 Posted:

Re: ring paid price vs appraisal price


Posted by justme4868

Did you go somewhere and get the ring appraised?

My ring came with an appraisal price, should I get another one?



you should go get and indepent appraisal from someone else.



As for my ring it was 22K more than mine, but i also work in the store where i got mine. so i got it bascially at cost.
BrideC Posted:

Re: ring paid price vs appraisal price


Posted by AngnShaun

Mine was appraised for double what FH paid for it



DITTO
lpk586 Posted:

Re: ring paid price vs appraisal price

Mine appraised for almost 3x what he paid. I never understood this or how it worked, so this post is super interesting to me! However, we did NOT insure it for the appraised price b/c it would've cost a fortune. We insured it for the price paid.

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