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Cheapest place to buy an engagement ring?

  • 03-09-2009 9:47am
    #1
    Registered Users, Registered Users 2 Posts: 1,023 ✭✭✭


    Hi,

    So I better pop the question very soon as we've been walking out with each other for 6 years now. Antwerp sounds a bit clichéd at this stage, and one of her friends went there so I'm wondering where else in Europe I could bring her to buy it.

    I don't know what my budget is yet; I don't even know what most people usually pay. I surmise a good ring will cost somewhere between €2500 and €5000? I'm just after starting working and I'm trying to pay off my college debts so the price will, unfortunately, matter to me.


    Any advice would be great.


«1

Comments

  • Registered Users, Registered Users 2 Posts: 81,220 ✭✭✭✭biko


    How about a romantic weekend in Paris? You can buy the ring there together, or you can have bought it somewhere else and just present it there?
    If the ring is tasteful it doesn't have to be big or too expensive (I'm only guessing here).


  • Closed Accounts Posts: 12,456 ✭✭✭✭Mr Benevolent


    Dostoevsky wrote: »
    Hi,

    So I better pop the question very soon as we've been walking out with each other for 6 years now. Antwerp sounds a bit clichéd at this stage, and one of her friends went there so I'm wondering where else in Europe I could bring her to buy it.

    I don't know what my budget is yet; I don't even know what most people usually pay. I surmise a good ring will cost somewhere between €2500 and €5000? I'm just after starting working and I'm trying to pay off my college debts so the price will, unfortunately, matter to me.


    Any advice would be great.

    Search the forum, there's a few threads on this. Antwerp and Amsterdam seem to be good places to go if you book appointments in advance and bring cash.


  • Registered Users, Registered Users 2 Posts: 16,288 ✭✭✭✭ntlbell


    new york?


  • Registered Users, Registered Users 2 Posts: 11,986 ✭✭✭✭duploelabs


    Having just done it, we looked at all the options.

    Bluenile.co.uk
    is a benchmark which you should aim against.

    there're a few wholesalers around dublin town, also check out wheldon jewellery auctions, some great little gems (pardon the pun) to be picked up there


  • Registered Users, Registered Users 2 Posts: 1,023 ✭✭✭Dostoevsky


    duploelabs wrote: »
    Having just done it, we looked at all the options.

    Bluenile.co.uk
    is a benchmark which you should aim against.

    As in they are too expensive?


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  • Registered Users, Registered Users 2 Posts: 956 ✭✭✭Mike...


    friend went to belgium and got it for €2,000
    valued at €6k here


  • Registered Users, Registered Users 2 Posts: 1,023 ✭✭✭Dostoevsky


    Magnus wrote: »
    How about a romantic weekend in Paris? You can buy the ring there together, or you can have bought it somewhere else and just present it there?
    If the ring is tasteful it doesn't have to be big or too expensive (I'm only guessing here).


    I would have imagined that Paris would be a really expensive place to buy a ring? If so, we can do the romantic weekend there anytime.

    She's serious about her rings so will be with me when I get it. My plan at present is to find out where we could get a good deal (Antwerp excluded) and go there or somewhere near it for Christmas holiday. While there I'd surprise her by asking the question and then we would not have too far to go to get the ring.

    Ideally, proposing to her in the snow in one of the Christmas markets would be brilliant. But getting the best deal is my priority and if that's some factory in some rundown area I don't mind.


  • Registered Users, Registered Users 2 Posts: 446 ✭✭WacoKid


    Antwerp in Belgium is where they most diamonds get graded (GIA) but New York and Dubai also sell them cheap.

    I paid €4k in Dubai and its valued/insured here for €12k. The jellewer said you would not get €12k though but more like €8.5k.


  • Registered Users, Registered Users 2 Posts: 11,986 ✭✭✭✭duploelabs


    Dostoevsky wrote: »
    As in they are too expensive?

    No quite the opposite, they expose the street diamond retaillers as the rip off merchants they are. We did a few price comparisons and the mark up that the retailers made vs. the likes of blue nile were in the region of 260-340%!!


  • Closed Accounts Posts: 27 Disambiguation


    Dostoevsky wrote: »
    Hi,

    I don't know what my budget is yet; I don't even know what most people usually pay. I surmise a good ring will cost somewhere between €2500 and €5000? I'm just after starting working and I'm trying to pay off my college debts so the price will, unfortunately, matter to me.


    Any advice would be great.

    Here is my thought. It is great that you are working towards clearing your college debts. So I would suggest you spend a lesser amount of money even that the 2.5k but buy at a store that as a clear REASONABLE upgrade policy. SO you could buy .25 or .5 or .75 but plan to upgrade the rock when/if you have €€€'s in the future. Some people feel sentimental that they want to keep their original e-ring, I feel that when a couple start off it is difficult to buy the perfect ring first day, so to buy a beautiful but affordable ring this time and upgrade for your 1st/5th/10th wedding anniversary.

    What do you think?

    Oh, btw, 2.5k is a very healthy budget. Do your research; you should get a 1ct K/SI with flour for that which would be very very tasty.


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  • Registered Users, Registered Users 2 Posts: 2,024 ✭✭✭Redpunto


    Not very romantic but fallers in derry do handmade rings at very good prices.


  • Registered Users, Registered Users 2 Posts: 724 ✭✭✭shapez


    I definitely recommend Amsterdam. In particular Coster Diamonds. www.costerdiamonds.com I proposed there and we spend a couple of days looking for a ring in other factories & shops on the main street. We found Coster Diamonds brilliant. We are even going back soon to the the matching wedding bands. :D

    If you need anymore info on Amsterdam in relation to romanitc resturants, hotels etc., by all means ask.

    Best of luck to you. :D


  • Registered Users, Registered Users 2 Posts: 16,288 ✭✭✭✭ntlbell


    Here is my thought. It is great that you are working towards clearing your college debts. So I would suggest you spend a lesser amount of money even that the 2.5k but buy at a store that as a clear REASONABLE upgrade policy. SO you could buy .25 or .5 or .75 but plan to upgrade the rock when/if you have €€€'s in the future. Some people feel sentimental that they want to keep their original e-ring, I feel that when a couple start off it is difficult to buy the perfect ring first day, so to buy a beautiful but affordable ring this time and upgrade for your 1st/5th/10th wedding anniversary.

    What do you think?

    Oh, btw, 2.5k is a very healthy budget. Do your research; you should get a 1ct K/SI with flour for that which would be very very tasty.

    why would you do that when you could get a gorgeous G VS1 for under 3k?


  • Registered Users, Registered Users 2 Posts: 1,023 ✭✭✭Dostoevsky


    ntlbell wrote: »
    why would you do that when you could get a gorgeous G VS1 for under 3k?

    What shop would you get that in?


  • Closed Accounts Posts: 3 lola83


    i can not recommend o conners harolds cross enough the ring we purchased there was fab the ring is valued at double we paid they sell to the customer the same price they sell to other jewellers all there stock is made in house and for something extra special they will let you design it your self at no extra cost you pay the trade price for the ring and it only takes a day or two to make thats what we did oh asked me then we went together


  • Registered Users, Registered Users 2 Posts: 753 ✭✭✭badboyblast


    OP, You should go to Antwerp, end of story, if you don`t you`ll be missing out, great selection and prices, it might sound cliche but if you want a deal.......do it.:D


  • Registered Users, Registered Users 2 Posts: 4,185 ✭✭✭Snoopy1


    Oh my god, 5000 on an engagement ring. Are people mad????
    I would never ever expect my boyfriend to pay that out for a ring, thats 2 months wages for him.

    Im getting married next year, but dont have an engagement ring. Id rather save for the wedding


  • Registered Users, Registered Users 2 Posts: 6,339 ✭✭✭How Strange


    I think in this day and age, the rule of thumb should be only spend what you can afford to save in about three months to buy it.

    If you can comfortably afford €5k well then by all means spend it but if this cleans out your life's savings then it's too much.


  • Banned (with Prison Access) Posts: 140 ✭✭MagDee


    i would look in Poland. i got my ring from Poland and it's awesome. great attention to detail. from http://www.wec.com.pl/Pierscionki-zareczynowe-c31.html


  • Closed Accounts Posts: 23 Lori074


    yeah have heard belguim is the place to go


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  • Registered Users, Registered Users 2 Posts: 14,598 ✭✭✭✭prinz


    Snoopy1 wrote: »
    Oh my god, 5000 on an engagement ring. Are people mad????

    Apparently. Commercialism and money gone mad tbh.

    The whole engagement ring lark is a load of nonsense in the long run. Will it make any material difference to your relationship or marriage if the lady is wearing a €500 ring compared to a €5000 ring? None whatsoever.

    Unless of course your life revolves around who has what and paid what, and if that's the case it's a pretty sad state of affairs.

    What is a cynic? A man who knows the price of everything and the value of nothing - Oscar Wilde


  • Registered Users, Registered Users 2 Posts: 1,169 ✭✭✭denhaagenite


    Isn't there a bit on here about staying on topic? They can spend whatever they want on an engagement ring, it's no- one else's business.

    OP, I do think you're maybe shooting yourself in the foot a bit with the whole Antwerp thing. It's a beautiful place, not far from Brugge if you wanted to rent a car, and the prices and attention to detail are fantastic.

    We got engaged last year and waited for the right time to buy the ring, made an appointment with www.diamondland.be and drove down (we're living in Holland). We got there at about 11am and were made to feel very welcome by staff. We told them exactly what we wanted and what we were willing to pay for it and they didn't deviate from our wishes. We chose a stone and a setting, went for lunch to mull it over, called them and three hours later everything was done. There was a toss up between the only stone with our criteria or a platinum band but in the end we chose the stone and went with white gold. We even got to see it being made! In addition, because we bought from them, they put us up in a nice hotel not too far from the centre. So we had a lovely meal out and himself got to keep me in suspense a little longer (he wantted to propose again before I could wear it :p).

    Don't not do it because other people have, it's a lovely way and setting to remember...


  • Registered Users, Registered Users 2 Posts: 14,598 ✭✭✭✭prinz


    Isn't there a bit on here about staying on topic? They can spend whatever they want on an engagement ring, it's no- one else's business.

    Perhaps you should read the op in full then..
    Dostoevsky wrote: »
    I don't know what my budget is yet; I don't even know what most people usually pay. I surmise a good ring will cost somewhere between €2500 and €5000? I'm just after starting working and I'm trying to pay off my college debts so the price will, unfortunately, matter to me..

    So advising the OP that he/she could get a good ring for a few hundred here at home is off topic now?


  • Registered Users, Registered Users 2 Posts: 6,339 ✭✭✭How Strange


    Personally I think the obsession with going to Antwerp or other places, getting a diamond which will be worth more here, spending heaps of money etc is just sad. Getting engaged should be about getting married and saying we want to be together forever but it seems that even getting engaged is a 'keeping up with the joneses'.

    OP, you can get gorgeous rings for under €1k and definitely under €2.5k. Remember the price on the tag is definitely negotiable and you could knock €500 off a ring with a tag of €3k.


  • Registered Users, Registered Users 2 Posts: 1,169 ✭✭✭denhaagenite


    Apologies, read the post a couple of days ago and failed to re- read it before posting.

    I will reiterate that the cost is totally up to you though, and I would advise talking to your OH and coming up with a number that is reasonable. Don't break yourselves or get a loan, and wait until you have enough money saved. Antwerp is good because you're not looking at a finished product and get to have a look at all the stones within your price range, rather than seeing a ring and "falling in love" with it which can push the price up a bit unless you're gifted at haggling. The reputable sellers ( correct me if I'm wrong- is it the Antwerp Diamond Association/ ADA?) will budge a little bit but not a huge amount. They will give you time and good advice though. Do your research before you go and you will have no worries, there are plenty of sites where you can choose different options and see what the going rate is. Just google diamond calculator. Of course it's not about money, it's about the memory and the symbolism.

    And good luck and congratulations to both of you, it's lovely being engaged :)


  • Registered Users, Registered Users 2 Posts: 1,023 ✭✭✭Dostoevsky


    Thanks to everybody. You've been great. I agree with all of you about the money: it's absurd. Not my thing at all. However, the gf has repeatedly said she will pay for the ring, and she means it. She just likes pretty things, but would get upset if I spent too much on it.

    At any rate, I have booked a meeting with an Antwerp jeweller called Philippe Howard, who was highly recommended over on the engagement thread here in Boards.ie. This seems to be the easiest thing!

    Now planning the proposal is much, much harder, especially when female friends tell me that girls remember every detail of the proposal for the rest of their lives - scary!


    So, if anybody has any recommendations for romantic dinners or things to do in Brugge/Bruges, please don't hesitate to let me know.


  • Registered Users, Registered Users 2 Posts: 1,169 ✭✭✭denhaagenite


    Dostoevsky wrote: »
    Thanks to everybody. You've been great. I agree with all of you about the money: it's absurd. Not my thing at all. However, the gf has repeatedly said she will pay for the ring, and she means it. She just likes pretty things, but would get upset if I spent too much on it.

    At any rate, I have booked a meeting with an Antwerp jeweller called Philippe Howard, who was highly recommended over on the engagement thread here in Boards.ie. This seems to be the easiest thing!

    Now planning the proposal is much, much harder, especially when female friends tell me that girls remember every detail of the proposal for the rest of their lives - scary!


    So, if anybody has any recommendations for romantic dinners or things to do in Brugge/Bruges, please don't hesitate to let me know.

    Hi OP, glad you didn't rule out Antwerp in the end!! Philippe Harolde is great, our friends went to him for both the engagement ring and wedding rings. We would have gone there aswell but we could only make it on a Saturday and most of the ADA places are closed on weekends- just something to remember!

    Bruges is even more romantic than Paris in my opinion, so you won't have any problems there :). There is a beautiful hotel there called Martin's Orangerie if you're looking for somewhere to stay, right on the canal and they do boat trips aswell. I personally love it in winter but everyone's taste is different.


  • Registered Users, Registered Users 2 Posts: 16,288 ✭✭✭✭ntlbell


    Personally I think the obsession with going to Antwerp or other places, getting a diamond which will be worth more here, spending heaps of money etc is just sad. Getting engaged should be about getting married and saying we want to be together forever but it seems that even getting engaged is a 'keeping up with the joneses'.

    OP, you can get gorgeous rings for under €1k and definitely under €2.5k. Remember the price on the tag is definitely negotiable and you could knock €500 off a ring with a tag of €3k.

    I went because I wanted to get more for hard earned money than most jewelers were willing to offer me here. It had nothing to do with keeping up with the jones's.

    There was two guys, one wanted to give me a lot more for a lot less.

    the other wanted to give me nothing for a lot.

    one was in Antwerp, one was in Dublin.

    one was very friendly and helpful

    one was an arrogant twat who tried to guilt me into spending more money.

    It cost me very little to go to Antwerp and I got to spend some time in a beautiful city.

    I got what I wanted at half the cost.

    no brainer I would have thought?


  • Registered Users, Registered Users 2 Posts: 14,598 ✭✭✭✭prinz


    ntlbell wrote: »
    I went because I wanted to get more for hard earned money than most jewelers were willing to offer me here. It had nothing to do with keeping up with the jones's.
    I got what I wanted at half the cost.
    no brainer I would have thought?

    I think what people are saying is why the obsession with money. Are you going to sell your ring? Do you consider an investment for the future that you will sell for profit? Sure you are free to do whatever you want, but for other people the actual symbolism of the ring etc outweighs the need to get a good bargain on a ring that would cost more or less somewhere else. A lovely diamond ring can be bought in Dublin for under a grand. That's what people are saying.


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  • Registered Users, Registered Users 2 Posts: 16,288 ✭✭✭✭ntlbell


    prinz wrote: »
    I think what people are saying is why the obsession with money. Are you going to sell your ring? Do you consider an investment for the future that you will sell for profit? Sure you are free to do whatever you want, but for other people the actual symbolism of the ring etc outweighs the need to get a good bargain on a ring that would cost more or less somewhere else. A lovely diamond ring can be bought in Dublin for under a grand. That's what people are saying.

    No I won't, well I hope she won't be selling it! maybe throwing it at me.

    It's not so much getting a "bargain" but I had a very good idea of the type I was looking for and I could n't get that here for the money I had to spend.

    so I went somewhere else that I could. I was after the ring, not the "bargain" and I got it. If I bought here, I would have to comprise on what I wanted. Why should I do that, when I worked bloody hard to earn the money?


  • Registered Users, Registered Users 2 Posts: 14,598 ✭✭✭✭prinz


    ntlbell wrote: »
    ..so I went somewhere else that I could. I was after the ring, not the "bargain" and I got it. If I bought here, I would have to comprise on what I wanted. Why should I do that, when I worked bloody hard to earn the money?

    And that's fine. The question about people's motives comes when you have someone like the OP worried about money etc, and the first advice people give is Amsterdam, Antwerp, New York etc etc. It does seem to be the fashionable thing to do these days.


  • Registered Users, Registered Users 2 Posts: 16,288 ✭✭✭✭ntlbell


    prinz wrote: »
    It does seem to be the fashionable thing to do these days.

    Sensible more than fashionable I would imagine.

    leaving the rip off republic to either buy food,clothes,alcohol,cars etc is not "new" people have been doing it for ever ;)

    I think it shows a bit of thought and effort was put into it.

    I researched for months, I took time off work, I traveled and went to a hell of a lot of effort to hide all this.

    When we do things a lazy way, some women moan. when we go out of our way to do things right, some women moan.

    it's very hard to win.

    but this is also not news.

    :D


  • Registered Users, Registered Users 2 Posts: 1,169 ✭✭✭denhaagenite


    prinz wrote: »
    And that's fine. The question about people's motives comes when you have someone like the OP worried about money etc, and the first advice people give is Amsterdam, Antwerp, New York etc etc. It does seem to be the fashionable thing to do these days.

    Well we drove there, just over an hour by car. Going to New York I would find ridiculous, but Antwerp is not miles away, the diamonds are without a doubt cheaper ( sometimes up to 50% ) , and it is very easily accessed from Brussels Charleroi- so if saving yourself some money is fashionable I say do it :).

    It is out of the question to spend, for example, two months wages on an engagement ring because of "tradition". We spent less than one months in Antwerp, and we couldn't be happier with it. We worked out a figure we could afford and went with that.

    I definitely advise you to wait until you don't have any money worries because if you do, it will be something than you can be proud of, having earned it. We left two months between getting engaged and buying the ring, and are leaving three years between getting engaged and getting married! There's no rush, you'll have the rest of your lives together.


  • Registered Users, Registered Users 2 Posts: 14,598 ✭✭✭✭prinz


    ntlbell wrote: »
    Sensible more than fashionable I would imagine.
    leaving the rip off republic to either buy food,clothes,alcohol,cars etc is not "new" people have been doing it for ever ;)
    I think it shows a bit of thought and effort was put into it.

    What's sensible about going to Antwerp for a ring costing thousands when you can buy one in Dublin for a few hundred euro?

    The only difference is if you're going to be telling people 'this ring is of x quality and only cost me €y. In which case it goes back to keeping up with the Joneses. Personally I think it vulgar to talk about prices of rings.

    I got a ring in Dublin, less than a thousand, lovely ring, right design and nice and sparkly. Does that mean I put in less effort for than someone who went to Antwerp spent a few thousand more, for a ring that is never going to be sold or traded in any way? Who is more sensible :confused:


  • Registered Users, Registered Users 2 Posts: 16,288 ✭✭✭✭ntlbell


    prinz wrote: »
    What's sensible about going to Antwerp for a ring costing thousands when you can buy one in Dublin for a few hundred euro?

    The only difference is if you're going to be telling people 'this ring is of x quality and only cost me €y. In which case it goes back to keeping up with the Joneses. Personally I think it vulgar to talk about prices of rings.

    I got a ring in Dublin, less than a thousand, lovely ring, right design and nice and sparkly. Does that mean I put in less effort for than someone who went to Antwerp spent a few thousand more, for a ring that is never going to be sold or traded in any way? Who is more sensible :confused:

    I don't think I've mentioned money at all on this thread, you don't need to spend to thousands.

    I can't remember the exact cost of the flights but I think all in it was under 60e an a couple of hours of time. hardly an arm and a leg.

    you found the right design in Dublin at the right price. that's great. I couldn't. so it was sensible for me to go, not fashionable.

    Your saying it's not a competition, but you're turning this conversation into one.


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  • Registered Users, Registered Users 2 Posts: 1,450 ✭✭✭actuallylike


    If you're staying in Dublin to buy it, you can get some real cheap deals in auction houses where you can get some excellent quality antique rings, especially now that since the recession more and more people are selling. You'd get a ring at a quarter of the price you'd see in a jewellers. O'Reilly's of Francis Street do a varied selection, understand though if some people want to get brand new items but just expect to pay for it.


  • Registered Users, Registered Users 2 Posts: 14,598 ✭✭✭✭prinz


    ntlbell wrote: »
    I don't think I've mentioned money at all on this thread, you don't need to spend to thousands.
    ntlbell wrote: »
    I went because I wanted to get more for hard earned money than most jewelers were willing to offer me here. It had nothing to do with keeping up with the jones's.

    I got what I wanted at half the cost.
    ntlbell wrote: »
    It's not so much getting a "bargain" but I had a very good idea of the type I was looking for and I could n't get that here for the money I had to spend.

    so I went somewhere else that I could. I was after the ring, not the "bargain" and I got it. If I bought here, I would have to comprise on what I wanted. Why should I do that, when I worked bloody hard to earn the money?
    ntlbell wrote: »
    Your saying it's not a competition, but you're turning this conversation into one.

    Er no I am not. I am saying there is plenty of choice here in Ireland at reasonable prices. An idea which seems to get dismissed out of hand here sometimes.


  • Registered Users, Registered Users 2 Posts: 16,288 ✭✭✭✭ntlbell


    prinz wrote: »
    Er no I am not. I am saying there is plenty of choice here in Ireland at reasonable prices. An idea which seems to get dismissed out of hand here sometimes.

    That was some really good detective work.

    I was referring to the amount of it I was spending, or not as the case maybe.


  • Registered Users, Registered Users 2 Posts: 540 ✭✭✭Intothesea


    I think heading abroad or importing makes sense for a couple who have a strong idea of what they want and don't want to shell out unnecessarily for it in Ireland. Almost anywhere is competitive compared to this hermetically sealed rip-off zone :pac: You can argue that a ring is a symbolic thing that shouldn't be reduced to a bargained-for commodity -- and in essence I'd agree, though most couples pay attention to what their social circle are wearing and base their own ring expectations on that, leading to particular requirements. In the end it's possible to argue that any type of ring should do (i.e. copper with coal accents), since it's a symbol and all. Wonder how many couples would opt for that? ;)


  • Registered Users, Registered Users 2 Posts: 16,288 ✭✭✭✭ntlbell


    Intothesea wrote: »
    . In the end it's possible to argue that any type of ring should do (i.e. copper with coal accents), since it's a symbol and all. Wonder how many couples would opt for that? ;)

    exactly I mean I can easily turn the same argument on priz and suggest you can get lovely 20e rings in Argos, it's stupidity to pay a grand on a ring.

    it's all relative.


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  • Registered Users, Registered Users 2 Posts: 540 ✭✭✭Intothesea


    ntlbell wrote: »
    it's all relative.

    That's exactly it.


  • Registered Users, Registered Users 2 Posts: 6,339 ✭✭✭How Strange


    I've got no view on how much people spend on a ring; it's most definitely relative to their purchasing power. Some people can spend €20k while others are stretching it at €500.

    I also don't think going to Antwerp, New York or anywhere else is a bad idea. In fact if you like diamonds and you know all about the 4c's etc (I was/still am clueless!) then yes I'm sure you get far more for your buck. It's a free market.

    What I don't like is the pressure to spend money you can't afford or viewing an engagement ring as an investment so saying 'I spent x in Antwerp and got it valued in Dublin at Y so we've already made money on it'. It's crass and tasteless and symbolic of all that was wrong in our society for the last 10/15 years.

    Neither me nor my OH are speculators so when my OH bought my ring we bought a beautiful ring within our budget. We could've shopped around for better prices but I saw a ring I loved and we bought it. I don't care how much it's worth tomorrow, next year or in ten years.


  • Registered Users, Registered Users 2 Posts: 14,598 ✭✭✭✭prinz


    ntlbell wrote: »
    exactly I mean I can easily turn the same argument on priz and suggest you can get lovely 20e rings in Argos, it's stupidity to pay a grand on a ring.

    it's all relative.

    And I'd agree. :confused:. If someone wants a €20 ring from Argos they should go for it.


  • Registered Users, Registered Users 2 Posts: 14,598 ✭✭✭✭prinz


    Intothesea wrote: »
    In the end it's possible to argue that any type of ring should do (i.e. copper with coal accents), since it's a symbol and all. Wonder how many couples would opt for that? ;)

    Any type of ring would do, and have done for hundreds of years. Diamond engagement rings only became commonplace in the last century.


  • Registered Users, Registered Users 2 Posts: 14,598 ✭✭✭✭prinz


    What I don't like is the pressure to spend money you can't afford or viewing an engagement ring as an investment so saying 'I spent x in Antwerp and got it valued in Dublin at Y so we've already made money on it'. It's crass and tasteless and symbolic of all that was wrong in our society for the last 10/15 years..

    +1, absolutely... it has just turned into a competition.


  • Registered Users, Registered Users 2 Posts: 540 ✭✭✭Intothesea


    What I don't like is the pressure to spend money you can't afford or viewing an engagement ring as an investment so saying 'I spent x in Antwerp and got it valued in Dublin at Y so we've already made money on it'. It's crass and tasteless and symbolic of all that was wrong in our society for the last 10/15 years.

    People who view an engagement ring as an investment are bound for a shock if they try to resell. In the second-hand market achievable asking prices are usually 50% of the original cost. Paired with the no trade-in stance of Irish jewellers, this makes it wholly unwise to see a ring as anything other than a symbol. The idea that you can 'make money' on a ring is nonsense. I'd argue that the tendency to be crass with ring cash-comparisons is not automatically co-incident with the desire to save money, even though the 'boom' didn't exactly breed modesty, did it :)


  • Closed Accounts Posts: 6 shine09


    Intothesea wrote: »
    People who view an engagement ring as an investment are bound for a shock if they try to resell. In the second-hand market achievable asking prices are usually 50% of the original cost. Paired with the no trade-in stance of Irish jewellers, this makes it wholly unwise to see a ring as anything other than a symbol. The idea that you can 'make money' on a ring is nonsense. I'd argue that the tendency to be crass with ring cash-comparisons is not automatically co-incident with the desire to save money, even though the 'boom' didn't exactly breed modesty, did it :)

    OMG how can anyone see and engagement ring as an investment!! that means they are planning on selling it on in the future. not much hope for that marriage!

    Back to the orignal question of where to go ...everyone I know seems to be going north for everything at the minute


  • Registered Users, Registered Users 2 Posts: 540 ✭✭✭Intothesea


    I think the 'investment' view might have to do with making the cash amount more tolerable for digestion, plus how many people can verify that there's no money in it -- given the cultural trend for being faithful to one ring ;)

    As for the OP's question, I recommend the internet (quelle suprise). At the very least I'd scope out what you can approach on Blue Nile (be very sure of the spec you're after though) and compare and contrast to similar items in Holland. If the 21.5% tax saving is on the cards for the purchase, I'd say it's no contest -- Antwerp for the win! :pac:


  • Banned (with Prison Access) Posts: 4,210 ✭✭✭argosy2006


    KINDER SUPRISE


  • Registered Users, Registered Users 2 Posts: 540 ✭✭✭Intothesea


    argosy2006 wrote: »
    KINDER SUPRISE

    The OP most likely thanks you for this suggestion :D


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