Proposal Ring - Part 3

[Chowbb]

Just curious, a 4 claw or 6 claw ring setting is a better choice for a round brilliant diamond?

 

[slashiroth]

Just curious, a 4 claw or 6 claw ring setting is a better choice for a round brilliant diamond?

Actually, this would be a personal preference, for me, i'll preferred the 6 prong settings though.

 

[DiCaprio]

Just curious, a 4 claw or 6 claw ring setting is a better choice for a round brilliant diamond?

From the top, I think a 6 prong enhances the shape of a round brilliant. But I chose a 4 prong for mine because I felt it showcased my <0.6 stone better.

Sent from the dark side of the moon using GAGT

 

[jascxl]

Just curious, a 4 claw or 6 claw ring setting is a better choice for a round brilliant diamond?

<0.5 ct I think 4 prong will showcase the diamond better. > 0.5 ct I would prefer 6 prong as it compliments the round shape better and is more secure. If 1 prong breaks off the diamond won't drop out.

 

[lvlaTr1X]

how to see? 114 means what?

The original post wrote in hundreds USD, so 114 would be $11400 USD

 

[Hunter_L]

how to see? 114 means what?

figures are in hundreds of USD. so, 114 is 11400 USD.

forgot to detail how to read the charts. red number means the market price decreases since the last report. likewise green number means it has increased. as you know the price of diamonds fluctuates as well, it is not constantly increased.

an example on how to read the chart. let's pick an example of 114 (USD$ 11400) as the number. it is for rounds 1.00 to 1.24 carat. F colour, VVS1 clarity. USD$ 11400 is the price for 1.00 carat, up to 1.03 carat. why up to 1.03? it is 10% of the tier average (1.00 to 1.24), which is 0.024 carat. rule of thumb is to allow up to 10% above the stated price. so, 114 is the expected retail price for 1.00 to 1.024 (rounded up to 1.03). this allows some haggling room for good negotiators.

lets say if your diamond is 1.15 carat, it is abit more complicated. here is how you calculate the expected retail price. you need two numbers for this. first is your diamond price tier, which is 114 (USD$ 11400). And the next tier of rounds with the same clarity VVS1 and colour F (1.25carat to 1.49carat) which is 124 (USD$ 12400). for now, take down these two numbers. 114 and 124.

next, since your diamond tier is between 1.00 to 1.24 carat, the tier is over 0.24 carat range. use this 0.24 and multiply it by 1.2, to get 0.288. why 1.2? 1.2 is the normal increase between the tier. 1.25 carat diamond is usually 20% more expensive than 1.24 carat diamond. note that each tier is different, some tier upgrade has as low as few %, some as high as 30-40%. this also depends on each jeweler's discretion.

as your diamond is 1.15 carat, it is 0.15 carat higher than the lowest in that tier which 1.00 carat. simply by subtracting.

using all above values, the price for 1.15 carat is calculated as:
= [(0.15 / 0.288) * (124 - 114)] + 114
= 119.21
= USD$ 11921

next, feel free to apply the currency exchange rate. hope this helps our brothers looking for the perfect and affordable engagement ring note that this is the recommended retail price for excellent round cut, based on international market. ideal cut may allow additional 10%-30% price mark-up, at the jeweler's own discretion. this price guide is informative only. and this value will not be the same when you get it appraised by insurance party, for example. no doubt, the true cost of diamond ring is not even close to the retail price (applies to almost all luxury items such as car). the moment you step out of the jeweler with the ring, you lost significant chunk of the price. read up below for some pleasure reading.

https: //uk.finance.yahoo.com/news/the-real-cost-of----a-diamond-ring-152219771.html -> remove blankspace

 

[LL1986]

figures are in hundreds of USD. so, 114 is 11400 USD.

forgot to detail how to read the charts. red number means the market price decreases since the last report. likewise green number means it has increased. as you know the price of diamonds fluctuates as well, it is not constantly increased.

an example on how to read the chart. let's pick an example of 114 (USD$ 11400) as the number. it is for rounds 1.00 to 1.24 carat. F colour, VVS1 clarity. USD$ 11400 is the price for 1.00 carat, up to 1.03 carat. why up to 1.03? it is 10% of the tier average (1.00 to 1.24), which is 0.024 carat. rule of thumb is to allow up to 10% above the stated price. so, 114 is the expected retail price for 1.00 to 1.024 (rounded up to 1.03). this allows some haggling room for good negotiators.

lets say if your diamond is 1.15 carat, it is abit more complicated. here is how you calculate the expected retail price. you need two numbers for this. first is your diamond price tier, which is 114 (USD$ 11400). And the next tier of rounds with the same clarity VVS1 and colour F (1.25carat to 1.49carat) which is 124 (USD$ 12400). for now, take down these two numbers. 114 and 124.

next, since your diamond tier is between 1.00 to 1.24 carat, the tier is over 0.24 carat range. use this 0.24 and multiply it by 1.2, to get 0.288. why 1.2? 1.2 is the normal increase between the tier. 1.25 carat diamond is usually 20% more expensive than 1.24 carat diamond. note that each tier is different, some tier upgrade has as low as few %, some as high as 30-40%. this also depends on each jeweler's discretion.

as your diamond is 1.15 carat, it is 0.15 carat higher than the lowest in that tier which 1.00 carat. simply by subtracting.

using all above values, the price for 1.15 carat is calculated as:
= [(0.15 / 0.288) * (124 - 114)] + 114
= 119.21
= USD$ 11921

next, feel free to apply the currency exchange rate. hope this helps our brothers looking for the perfect and affordable engagement ring note that this is the recommended retail price for excellent round cut, based on international market. ideal cut may allow additional 10%-30% price mark-up, at the jeweler's own discretion. this price guide is informative only. and this value will not be the same when you get it appraised by insurance party, for example. no doubt, the true cost of diamond ring is not even close to the retail price (applies to almost all luxury items such as car). the moment you step out of the jeweler with the ring, you lost significant chunk of the price. read up below for some pleasure reading.

https: //uk.finance.yahoo.com/news/the-real-cost-of----a-diamond-ring-152219771.html -> remove blankspace

I'm curious about the rap too and asked Paul about it. Mine is the Solasfera but he said I can still use it as a guide.

Anyway, i copied his explanation here.

Paul Hung
12:30pm
Paul Hung
hey sorry for the late reply,
that's the rapaport list, basically it's just a reference for jewelers and diamond suppliers to trade off from.
Paul Hung
1:09pm
Paul Hung
well, it's not really a good indicator of price to be honest
if you're talking about 1.15 f vvs1 then you gotta look at the 1.00 to 1.24 box.
which would be 114. 114 just means USD11400 price per carat. so take 11,400 x 1.15 = rapp price.
however, the price can vary drastically higher or lower than this price. this is where people in the industry say "i'd like to buy this stone for rap +10"
which just means 10% above the rap price, or "rap less 10" 10% below the rap price.
fluor, type of clarity inclusion, the cut, the make(some diamonds can appear brownish or milky depending on it's mine origin- not to confuse with fluoresence).
all these factors can drive the price up or down the rap price.
Paul Hung
1:11pm
Paul Hung
if the price goes up or down as indicated on the rap, it doesnt mean it's reflected off for consumers or even jewelers.
if next month that 114, increases to 130, it's doesnt mean as a jeweler i should not be buying that specific color clarity combination. sometimes it can be even
cheaper than the previous month. it all depends on the market consensus
the market drives the prices, rapaport only gives an overall trading platform a rough idea of the trend.
Paul Hung
1:15pm
Paul Hung
as a consumer knowledge well.. you will never know when the jeweler purchased the diamond and which rap list they're looking at at the time of purchase, or the general market price of that color/clarity combination
to use it as an indicator can be dangerous, because if say you're looking at that 1.15 carat f vvs1 you mentioned, and you say "hey! prices are lower now.." it may very well be the opposite.. rap price drops, demand for it increase, and price driven up by market instead
a good indicator of price is just by looking at various vendors to be honest... that's the only one advice i can give. i really hope this made sense

==========================================

I think Paul's explaination makes sense, I guess thats why a same seller with 2 of the same specs diamonds can have over 1k price difference
http://www.bluenile.com/sg/diamond-details/LD06925450
http://www.bluenile.com/sg/diamond-details/LD05851410

 

[Hunter_L]

I'm curious about the rap too and asked Paul about it. Mine is the Solasfera but he said I can still use it as a guide.

Anyway, i copied his explanation here.

Paul Hung
12:30pm
Paul Hung
hey sorry for the late reply,
that's the rapaport list, basically it's just a reference for jewelers and diamond suppliers to trade off from.
Paul Hung
1:09pm
Paul Hung
well, it's not really a good indicator of price to be honest
if you're talking about 1.15 f vvs1 then you gotta look at the 1.00 to 1.24 box.
which would be 114. 114 just means USD11400 price per carat. so take 11,400 x 1.15 = rapp price.
however, the price can vary drastically higher or lower than this price. this is where people in the industry say "i'd like to buy this stone for rap +10"
which just means 10% above the rap price, or "rap less 10" 10% below the rap price.
fluor, type of clarity inclusion, the cut, the make(some diamonds can appear brownish or milky depending on it's mine origin- not to confuse with fluoresence).
all these factors can drive the price up or down the rap price.
Paul Hung
1:11pm
Paul Hung
if the price goes up or down as indicated on the rap, it doesnt mean it's reflected off for consumers or even jewelers.
if next month that 114, increases to 130, it's doesnt mean as a jeweler i should not be buying that specific color clarity combination. sometimes it can be even
cheaper than the previous month. it all depends on the market consensus
the market drives the prices, rapaport only gives an overall trading platform a rough idea of the trend.
Paul Hung
1:15pm
Paul Hung
as a consumer knowledge well.. you will never know when the jeweler purchased the diamond and which rap list they're looking at at the time of purchase, or the general market price of that color/clarity combination
to use it as an indicator can be dangerous, because if say you're looking at that 1.15 carat f vvs1 you mentioned, and you say "hey! prices are lower now.." it may very well be the opposite.. rap price drops, demand for it increase, and price driven up by market instead
a good indicator of price is just by looking at various vendors to be honest... that's the only one advice i can give. i really hope this made sense

==========================================

I think Paul's explaination makes sense, I guess thats why a same seller with 2 of the same specs diamonds can have over 1k price difference
<<links removed due to insufficient privileges>>

as said in previous post, this price guide is merely served as an indicator, looking at 1.08 carat, F colour, VVS1 clarity. the calculated value using the price guide is roughly SGD 15,500+, using conversion factor of 0.75SGD to 1USD.

if you see bluenile links, one of the diamonds is priced similar to the calculated value. of course, this is only an indicator. yes, the diamond can priced lower or higher than the indicated value. after all, it depends on each jeweler mark-up margin and other factors in diamonds themselves.

for your information, bluenile doesn't own most of the diamonds they have. lots of jewelers put their diamond database into bluenile, just like ebay for diamonds with some distinct differences of course. since there are many jewelers/suppliers in bluenile, these diamonds could be sourced from different jewelers/suppliers and thus, the prices vary. in ebay example, this is why two similar products (in shapes, specs, functions and all other aspects) in ebay may have two different prices as well. different sellers have different profit margins.

this price guide is to give people a rough idea of the recommended retail price. eventually, you are free to compare with different vendors and look for the best diamond within your budget and own judgement. and as mentioned by yourself, even Paul Hung said you can use it as a guide.

 

[dearmisterj]

Just curious, a 4 claw or 6 claw ring setting is a better choice for a round brilliant diamond?

I would go for the 6 prong anytime.. other than enhancing the roundness of the diamond, it allows for a more sophisticated elegant look by using thinner prongs! sadly the octagon wouldn't fit well with a 6 prong.. boohoo

 

[KenSF5]

Went to JP with my gf last week. She picked a Super ideal 1.42 D VS1. It was a easy choice since she was there to make the decision. Service was very good and we learnt alot from them.

Overall, purchase was very smooth. Compared to other places we've been to, their diamond quality stands out the most and service was the best. 2 thumbs up for Casey who served us!

My turn to share my scopes

 

[Hunter_L]

I would go for the 6 prong anytime.. other than enhancing the roundness of the diamond, it allows for a more sophisticated elegant look by using thinner prongs! sadly the octagon wouldn't fit well with a 6 prong.. boohoo

i think it is down to one's preference. 6 prongs give some sense of extra security and roundness feel. 4 prongs give a bigger diamond impression/illusion and allow slightly more light from the sides.

i believe 4 prongs are supposed to give as much security as compared to 6 prongs, being thicker prongs and all.

Went to JP with my gf last week. She picked a Super ideal 1.42 D VS1. It was a easy choice since she was there to make the decision. Service was very good and we learnt alot from them.

Overall, purchase was very smooth. Compared to other places we've been to, their diamond quality stands out the most and service was the best. 2 thumbs up for Casey who served us!

My turn to share my scopes

nice scopes, congrats. excellent D colour and clarity.

 

[xsurycx]

JP not reasonable anymore for both proposal and wedding band.

bought a proposal ring at 9k from JP. few days after, I acc my friend to another jewel. he paid abt 8k for a better stats than what I got from JP. JP is getting more ex, so please take note.

as for wedding band, I am looking for a yellow gold kind. but what JP offers is abt 1k more ex than stores like Lee Hwa. of cos Lee Hwa gave better stats like 18k gold.

 

[Emospence]

Went to JP with my gf last week. She picked a Super ideal 1.42 D VS1. It was a easy choice since she was there to make the decision. Service was very good and we learnt alot from them.

Overall, purchase was very smooth. Compared to other places we've been to, their diamond quality stands out the most and service was the best. 2 thumbs up for Casey who served us!

My turn to share my scopes

Imba siol!

 

[ivandemi]

JP not reasonable anymore for both proposal and wedding band.

bought a proposal ring at 9k from JP. few days after, I acc my friend to another jewel. he paid abt 8k for a better stats than what I got from JP. JP is getting more ex, so please take note.

as for wedding band, I am looking for a yellow gold kind. but what JP offers is abt 1k more ex than stores like Lee Hwa. of cos Lee Hwa gave better stats like 18k gold.

Bro, I iirc JP only do platinum or 18k gold. The diamond that you are comparing, are you comparing super ideal with super ideal?

 

[jascxl]

JP not reasonable anymore for both proposal and wedding band.

bought a proposal ring at 9k from JP. few days after, I acc my friend to another jewel. he paid abt 8k for a better stats than what I got from JP. JP is getting more ex, so please take note.

as for wedding band, I am looking for a yellow gold kind. but what JP offers is abt 1k more ex than stores like Lee Hwa. of cos Lee Hwa gave better stats like 18k gold.

Your friend's 8k e ring is it a super ideal? Need to compare scopes to get a true comparison. Colour and clarity alone is not a good indication. Before I decided to go to JP I went around to the big brand jewellers and asked about their prices. This was in March this year.

Based on a 0.7 ct E Vs1 ideal. These are the quotes I got.
Lee Hwa $16.5k
Goldheart $16k
Soo Kee $16.5k
Poh Heng $9k

Asked JP and they quoted $7400 for super ideal diamond and $550 for the basic 18k white gold would be $7950.

All in it is still cheaper and also a better diamond.

 

[xsurycx]

Bro, I iirc JP only do platinum or 18k gold. The diamond that you are comparing, are you comparing super ideal with super ideal?

yup the price JP quote me is 1k more exp. claiming that its yellow that's why more ex. when I went to LeeHwa, they say can stop the factory from spraying the white colour on the yellow gold. and yes. same design

yes buddy, im comparing apple with apple. just that the other jewel giving better stats ( slightly bigger carat and one notch better clarity). of cos they don't have good sales person there to serve you, as they are operating in a factory near bukit merah, if iirc.

and got to know from the other jewel that a lot JP customer came with their friends to them regret. and im one of them.

 

[xsurycx]

Your friend's 8k e ring is it a super ideal? Need to compare scopes to get a true comparison. Colour and clarity alone is not a good indication. Before I decided to go to JP I went around to the big brand jewellers and asked about their prices. This was in March this year.

Based on a 0.7 ct E Vs1 ideal. These are the quotes I got.
Lee Hwa $16.5k
Goldheart $16k
Soo Kee $16.5k
Poh Heng $9k

Asked JP and they quoted $7400 for super ideal diamond and $550 for the basic 18k white gold would be $7950.

All in it is still cheaper and also a better diamond.

nope im not talking abt big jewel as they have to provide expensive ring to cover high rental etc..

and yes bro. I brought the cert along with me from JP. cos I had so much confident with me haha.. and bear in mind u can nego for the ring at JP. and they give discount too reason why? you can guess.

PS im not trying to flame anyone here. just sharing my thoughts. cos until now I still feel jealous of my friends whever I see him haha. just do more research. and im not talking abt those big brand ard la.

 

[Lss]

JP not reasonable anymore for both proposal and wedding band.

bought a proposal ring at 9k from JP. few days after, I acc my friend to another jewel. he paid abt 8k for a better stats than what I got from JP. JP is getting more ex, so please take note.

as for wedding band, I am looking for a yellow gold kind. but what JP offers is abt 1k more ex than stores like Lee Hwa. of cos Lee Hwa gave better stats like 18k gold.

agree with you on the wedding band. in fact i was told its sort of a service for customers so guess no reason for them to price competitively.

as for the proposal rings care to give us hard info? at least the cert numbers so we can form our own conclusion. i'm guessing the prices are for the diamond only and doesnt include setting?

 

[Hunter_L]

nope im not talking abt big jewel as they have to provide expensive ring to cover high rental etc..

and yes bro. I brought the cert along with me from JP. cos I had so much confident with me haha.. and bear in mind u can nego for the ring at JP. and they give discount too reason why? you can guess.

PS im not trying to flame anyone here. just sharing my thoughts. cos until now I still feel jealous of my friends whever I see him haha. just do more research. and im not talking abt those big brand ard la.

partially agree with you on this. i bought proposal ring from JP, it has indeed better quality than most retail jewelry stores like Soo Kee, Lee Hwa, Goldheart, Love and Co and etc. compared to those, the quoted price from JP was competitive. after the purchase, i had done more researches into pricing and asked around other private jewelers like Michael Trio, Les Precieux and etc. you can use your quoted price from JannPaul to gauge competitively with them, which i did. my quoted price from these private jewelers was slightly lower than JannPaul. not significant though, only around 300-600 dollars. did i regret? buying from JannPaul was a great idea as they showed all the specs like other private jewelers. i just wished i had done more researches and shop-hopping to get the best deal. overall, a great purchase with them.

after the purchase, i stumbled into this forum and read through all the reviews. generally i can say their diamonds are indeed ideal. though i pinched myself couple of times when i found out that others had some extra service from JannPaul such as ring wax moulding, ring pictures (after crafting) and other extra services. in a way, i felt left out

this time around for wedding bands, i will do more researches and be sure to ask for extra services. just be sure to go around and shop around before making the purchase, thats all. no doubt, JannPaul must be listed as one of the potential stores.

agree with you on the wedding band. in fact i was told its sort of a service for customers so guess no reason for them to price competitively.

as for the proposal rings care to give us hard info? at least the cert numbers so we can form our own conclusion. i'm guessing the prices are for the diamond only and doesnt include setting?

also interested about this, care to share?

 

[KenSF5]

agree with you on the wedding band. in fact i was told its sort of a service for customers so guess no reason for them to price competitively.

as for the proposal rings care to give us hard info? at least the cert numbers so we can form our own conclusion. i'm guessing the prices are for the diamond only and doesnt include setting?

I fully agree.. can you post your cert here for our own conclusion?

My friend intoduced me to JP, he made a purchase 1.5 years ago from JP and is also around the same price as mine. If you are referring to YT or PK in Bukit Merah, I went there before too. They're diamonds are no way Super Ideal (I have my own set of scopes from http://ideal-scope.com/)