Green Or Red in the Middle of ASET Image – Does it Matter? I personally recommend nothing less than “Excellent”. Hi! If you are looking for better value and ways to spend your money, it’s obvious who the better choice is. Given their limited product selections and service standards, it really doesn’t makes sense to purchase diamond jewelry from Costco. At James Allen, I selected a ring setting with 0.32 ctw of side diamonds to match the one found at Costco. In a recent case study, other experts in the industry also feel the same way and cite the importance of having a reliable grading report when buying diamonds. NO jewellery store is guaranteed to last forever (except maybe Tiffany’s) so thinking you’re “further ahead” getting that lifetime warranty is naive. We also reference original research from other reputable publishers where appropriate. Either way could work. In your case, I recommend James Allen and Blue Nile. Costco Diamond Ring … ​The actual pictures of the ring are available online 8 different views. In the event of a loss, you will NOT be compensated for the amount stated in the appraisal report and you will be shocked to find out that your jewelry isn’t worth as much as you think it is. Costco. To be honest, I’m actually surprised to see Costco implementing some form of quality control in their diamond inventory. I’m looking to purchase a diamond. Costco sells a range of diamond products (some with reliable GIA grading reports while most don’t). It gives you full control and enables you to cherry pick your stone. It isn’t practical nor feasible. The most expensive ring as of January 2021 is over $360,000 but there are much more affordable prices. Costco do sell diamonds that comes with “appraisals” and NOT GIA grading reports. I called the team in their Seattle Office and they sent me several GIA certificates to review, based on the ring I was looking for. That said, there are certain types of modified rounds that appeal to me in the market. Any opinion about the credibility of Blue Nile or Brillance? http://www.costco.com/Emerald-Cut-%2526-Round-Brilliant-1.39-ctw-VS2-Clarity%2c-I-Color-Diamond-18kt-Yellow-Gold-Wedding-Set.product.100074842.html, There are many other places that offer better terms and policies compared to Costco. I would say that the ring you are looking is priced fairly. Both setting and band also have small diamonds, and are set in platinum. Gemology is the scientific study and identification of gemstones; investing in which can be risky for nonprofessionals. On top of that, you can make better purchasing decisions with the indepth information provided instead of shopping blindly at Costco. Are costco diamonds gia certified a better choice than their IGI certified options? Costco tries to alleviate that stress, by offering only the most beautiful rings at the lowest possible price. You can read this webpage for more details: https://beyond4cs.com/reviews/leo-diamond/. Since all of Costco’s rings come pre-set, it is … Will you get the most expensive stone at Costco. "What Is Diamond Clarity?" If you like a stone in one ring but the setting of another, many jewelers will make a custom version for you. Is this a good value for the ring or is there any other place you think that can beat this? This begs the questions: why does Costco selectively offer diamonds with GIA grading reports? Why are some diamonds in their inventory not graded and only have an appraisal document? Gemological Institute of America. I’m trying to sell the ring now and that’s when I realized why it’s a foolish idea to buy any form of jewelry from Costco. That said, never buy anything without an appraisal from a well known independent lab. Last resort, they can communicate with the diamond buyers from what I understand. Here is a quote from your previous post: Paul Gian- No. I have no love for other gemological labs other than GIA and AGS because these are the 2 labs that grade diamonds to the highest standards. The biggest high “end retailer” in our city also closed its doors, which is quite convenient because those who spent there $15,000 on their engagement ring now need to travel 4 hours to the nearest location for work/warranty claims. If you want to cherry pick a decent diamond from Costco, you better go in fully educated and know exactly what you are doing if you are looking for quality. All that being said, if you don’t have a local jeweler you can trust to service your rings and appraise them for you, or you need a lot of assistance and advice in finding what you want, maybe Costco is not the best place to make such an important purchase. or Best Offer +$29.99 shipping. No… And here’s why. I don’t care about the quality of the stones as long as they are visually colorless and sparkle. Bear in mind that, you are also getting a diamond with better quality (Excellent cut) at James Allen. https://beyond4cs.com/where-to-buy-fancy-cuts/ Has all certificates…. Would you like to share details about your purchase and how your Costco shopping experience with the rest of our readers? I did some research when my fiancee showed me a diamond and white gold wedding set from Costco’s flagship store in Kirkland, WA that he liked. That does not make them honest or mean they have the proper equipment to give you a fair appraisal. This indicates a problem that occurs during the final polishing steps when the star, lower, upper half facets are added to the diamond. He could not believe that we had purchased the rings from Costco. Gemological Institute of America. We are aware of the return policy at Costco and thought if we do purchase it we would get an independent appraisal before sizing . Personally speaking, the lack of service is a huge deal breaker. … Instead of focusing on better cut (the main factor that determines a diamond’s beauty), Costco chose to focus their selection criteria based on “better” color and clarity ratings. Simple. Why is there no consistency in the use of grading laboratories? Which brings me to my next point – depending where you live, Costco may actually be the best choice for quality and budget. For jewelry made up of melees, there isn’t a need for individual certificates for each diamond. #2 – No Ring Resizing Or After-Sales Services. Buying based on the 4Cs or a grading report isn’t enough because there are details that can’t be glimpsed from it. (59k)Before taking the plunge however we are shopping around and have been to Tiffany where we have seen similar ring for about 70k and a local highly reputable jeweler who offers us these stones with similar setting (platinum) 3.50 I/VS1 AGS ex / ideal/ideal $63,250 also 3,52 I/VS21 Gia EX/EX/EX 59,995 . We paid $30 per ring for the appraisals, and $60 per ring for re-sizing. Call the help line at 877.864.8695 or email them at diamonds@costco.com. Now, I want to go on the record saying that Costco is a great outfit and a highly respectable business. I did a check and found that most of the diamonds under 1.00 carat do not have grading reports from GIA. Thanks in advance for a clueless shopper. I purchased a rather stunning engagement ring at Costco for approx. However, they are NOT jewelers and what they can offer pales in comparison to other jewelry stores. The information is publicly available here: https://www.gia.edu/gem-lab-fee-schedule. I got 1.5 cts. Thank you kindly for your inputs. Accessed April 14, 2020. Costco had argued that Tiffany was a generic term used to describe a style of ring setting.. Ok, what about shopping online at Costco.com? In fact, I had mentioned that it is possible to find well-cut diamonds at Costco. One thing you need to know is that they don’t do ring resizing nor any follow-up service. There’s NO WAY an accurate grading of the diamond’s qualities can be performed on mounted diamonds. I found another pair of certified princess cut yellow gold studs on eBay with a Costco Wholesale appraisal form for a very great price. I completely agree that their “high end” rings are very overpriced. Shop diamond bands and rings in stylish cuts like princess and baguette at Costco.com to find the perfect piece of jewelry at a great value today! Is this stone one that should be considered if it has great aset and ideal scope images? For example, if they are saying that they use VS clarity and G/H diamond melees, I would assume that they are going to be 2-3 grades worse. It comes in a set as with a wedding band. What can you say about estate sales? If you are buying an engagement ring or stud earrings, you can get far better value and … Goodbye warranty for the thousands upon thousands who’ve spent good money on “piece of mind” that is now gone. They turned out to be the VS2 and I color that Costco described, and he appraised them at $1700 more than we paid. Also, I seem to recall that Not all GIA certified diamonds CUT are graded. You will know this if you bothered to read through the entire review. However, we are completely satisfied with Costco, and thrilled with my rings. -clarity was VVS2 Also, if the Additional Grading Information section indicates: Does that mean that the above number is indeed inscribed (laser) on the diamond girdle? What I have found is a few places after doing further research that they have a “GIA certified gemologist.” Specifically one thats all over ebay called fascinating diamonds. It could be an awesome diamond or a dud. Newsroom Guidelines News Tips Costco tries to alleviate that stress, by offering only the most beautiful rings at the … Nothing much changed if you looked at a potential diamond purchase with objectivity. Find your perfect ring set in gold and platinum with unbeatable prices only at Costco.co.uk. Have you heard of the houston diamond district company? Well said. Carat, cut, clarity, and color are the four Cs that determine a diamond's value. That should tell you something! Although advertised at IGI only, the center came with a GIA report, the side diamonds IGI. It is blindingly brilliant and I enjoy looking at it. Appreciate it ! It’s an elaborate scam designed to mislead customers that diamonds they sell are as good as those with a GIA report. If you are looking for loose diamonds, this write up should provide more information you are looking for: https://beyond4cs.com/best-place-to-buy-engagement-ring/, Hi Paul, Clearly, my ex overpaid for the ring and didn’t know about it. The fifth C,"conflict free," is important to many buyers today. Yes. Seriously wonder your credibility now. Thanks for sharing. While Costco may seemingly be selling “high” quality diamonds with good color and decent clarity grades, I can’t say the same in terms of cut quality. Hello I read your whole article and have been doing much further research beyond that. Im thinking of buying a diamond band from Costco with 11 diamonds and a total of 0.69 ctw. The rating for these characteristics determines the quality of a diamond. The cut is a matter of personal taste, but the quality of the cut matters to its brilliance. The truth is, the valuations listed in these appraisal documents are totally unrealistic. The GIA report number should be inscribed on the diamond and the jeweler should give you the original report during the purchase. Watch; 14K 1 CTW Diamond Engagement Ring White Gold " COSTCO " GIA CERTIFIED APPRAISAL . SI1 Diamonds – Do They Offer Better Value For Money? The modified brilliant cuts are a mixed bag. The problem is, you are not most likely not making “comparable” comparisons. I believe these jewelry are said to be I VS2. Costco, I believe, upped their game. Costco. The link below is to the ring I am talking about. I don’t care if they are a Graduate from the GIA. That said, I always believe in the philosophy of doing things once and getting it right the first time round. http://www.costco.com/Princess-Cut-2.00-ctw-VS2-Clarity%2c-I-Color-Diamond-Platinum-Ring.product.11753332.html. 2 years down the road, we split and went our separate ways. If you are really interested in the diamond, get an ASET scope and check out the cut quality of the diamond before buying. white gold, palladium) or cherry pick a diamond for your ring. Yes, you CAN get a good deal online from a number of online retailers but you take on monetary risks with it. If you are buying jewelry that’s solely made up of small melees, grading reports may not be necessary. Read this: https://beyond4cs.com/buying-diamonds-blind/ and use the guide here to educate yourself on pricing: https://beyond4cs.com/diamond-prices/. You need to look out for grading reports for each diamond. I will say that because we tend to cut costs where possible, I would assume it’s why we don’t have several hundred dollars GIA reports on all the diamonds. In this particular example, the James Allen ring is roughly 40% less than the Costco ring. Also, what’s the value add for the customer service to pull in online inventory from the stores? Shopping for an engagement ring can be an overwhelming task, particularly when you’re trying to stay within a budget. $1,999.99. However, Costco is nowhere near close to offering the best price for quality diamonds. Here’s an example of such a stone you should avoid. Firstly, MANY (myself included) have had serious issues buying online. If the princess cut diamonds are larger than 0.30 carats each, then the Costco wholesale appraisal document definitely isn’t good enough. In my opinion, there’s only a one benefit of buying a diamond ring at Costco – their return policy. I was able to request which stones be shipped to my local Costco store to look at and have appraised. Personally, I wouldn’t fret too much over a low-end purchase. FYI, the cost to grade a 0.50 carat diamond is only $64 which is almost equivalent of what you would expect to pay for an appraisal at another “unknown/unreliable” lab. https://beyond4cs.com/shapes/princess/ GIA DOES NOT ASSIGN CUT GRADES TO FANCY SHAPED DIAMONDS. It depends on the type of insurance coverage you intend to get. The pricing for a 2 carat D color cushion cut with VS2 clarity lies in the range of $22,000 – $30,000. Costco doesn’t offer ring resizing services nor any after-sales services like cleaning or re-polishing. There are some points that I do not necessarily agree with. The set is $12,000 Canadian Dollars. What can you tell me about this 1 carat diamond ring with a radiant cut with 63.1% table size and 65.1% depth? This limited collection boasts extravagant rings, earrings, … Buyer beware! But the sparkly jewelry case often positioned near the wholesale club store entrance is enough to make many shoppers curious about the wisdom of buying fine jewelry there. As a result of improper facets proportions and placements, the final face-up appearance of the diamond had been negatively impacted. Enter your email to receive email and other commercial electronic messages about the latest news, promotions, special offers and other information from Costco, regarding Costco… When you mean ratings, I’m assuming you are referring to the 4Cs? If you’re a shopper who’s looking for the prestige of a brand, Costco is probably not a brand on the same levels as Cartier or Tiffany. A one-carat diamond ring can sell for anywhere between $3,500 and $27,000, depending on those 4Cs, the setting's quality, and the retailer. Would I be better off buying online and just piecing together a ring versus buying one through costco? There is so much to this, and I really want to get a great ring for the money. You need to compare exact apples to apples: https://beyond4cs.com/diamond-prices/, Paul, I have been in the market for an engagement ring for some time now. We did purchase the set, as we could find nothing like it in local jewelry stores that I loved as much, and we certainly couldn’t beat the price! Basically, I ended back at square one and wasted my time. I am a long time member of Costco and a student of Gemology. For your convenience, the grading certificate from GIA can be downloaded at this link. United States District Court, Southern District of New York. A solitaire diamond ring starts at about $13,000, with many customizable options for size, color, and setting., Online diamond retailer Blue Nile Inc. sells loose diamonds and pre-set diamond rings and lists one-carat stones starting at about $2,400. So, should you go out and get the Costco ring? No jeweler I know of has ONLY GIA certified stones for sale. However, that involves doing a lot of legwork and being somewhat knowledgeable in the selection process. Great to hear about your success story. Are their diamonds as good as those offered by the traditional brick and mortar jewelry stores? Cheers! While the love of your life is not likely to be sitting on a throne any time soon, that doesn’t mean you can’t treat her like the queen she is with a stunning oval-cut diamond engagement ring from Costco! Yes. He was impressed with the cut, as they have major sparkle! I would never take chances dealing with NYC’s Diamond District! Have you heard of anchor cert before and do you think it is safe to purchase from http://costco.co.uk? Costco doesn’t offer ring resizing services nor any after-sales services like cleaning or re-polishing. You can learn more about the standards we follow in producing accurate, unbiased content in our. Hi paul. https://beyond4cs.com/engagement-ring/beware-of-cheap-diamond-deals/. https://beyond4cs.com/grading/difference-between-gia-ags-egl-igi/, https://beyond4cs.com/grading/aset-reference-charts/, guide on buying a twelve thousand dollars diamond ring, https://beyond4cs.com/where-to-buy-fancy-cuts/, https://beyond4cs.com/shapes/round/solasfera-vs-star-129/, https://beyond4cs.com/reviews/leo-diamond/, https://beyond4cs.com/step-by-step-guide/, https://beyond4cs.com/care-and-maintenance/insurance/, http://www.costco.com/Emerald-Cut-%2526-Round-Brilliant-1.23-ctw-VS2-Clarity%2c-I-Color-Diamond-Platinum-Ring.product.100114386.html, https://beyond4cs.com/engagement-ring/beware-of-cheap-diamond-deals/, http://www.costco.com/Princess-Cut-2.00-ctw-VS2-Clarity%2c-I-Color-Diamond-Platinum-Ring.product.11753332.html, https://beyond4cs.com/reviews/houston-diamond-district/. Many big box stores like Costo sell diamond jewelry. I am in the process of engagement ring shopping and was hoping you could help me out. The Costco Engagement Ring comes in at $35,670, while the James Allen ring comes in at $35,590. That said, the devil is always in the details. Costco and its crappy shitty values for everything! I found a princess cut ring with 1 carat center stone and 1 carat accented on the band for 6k at Costco. I think you neglect to take a few things into account. So, What Kind Of Diamonds Can You Expect to Buy At Costco? With your reply, it just proved to me that you didn’t bother to read and understand the content here on Beyond4cs.com. You are far better off when shopping at a vendor who specializes in selling jewelry. Do you have any jewelers to recommend in Houston, Texas? Secondly, I do like to hear about success stories from readers. When it comes to performing a price comparison, you need to make sure you are comparing apples to apples. This is especially true when it comes to buying diamonds. For round diamonds, a Very Good cut is basically telling you to stone is mediocre. Personally, I would need to look at ASET/Idealscope images of such diamonds before even laying my money down. The SAME RULES CANNOT BE APPLIED TO PRINCESS CUT DIAMONDS (it’s a fancy shaped stone). Are costco diamonds good quality? Blue Nile. Is it better to buy a premade ring from shops including a dealer or get a jeweler to custom make for you?? Any suggestions would be greatly appreciated . So happy I found this article. Our jeweler was very impressed! Should I insist on seeing the original report? Anyways the biggest thing to take away from this is, when most people have a humble budget, Costco is a GREAT option. They are some of the best online vendors who offer a great shopping experience and better prices. In stark contrast, a slightly larger 1.232 carat loose round diamond with similar color/clarity specifications only costs $16,901 at WhiteFlash.com. This is really excellent information and write up for costco jewelry reviews! Jewelers know this and the choice of grading documentation for a diamond is never random. If it is, or better than expected, great! I think there’s no way in there world Costco would give you best bang for buck for diamonds when they can’t even give best sangers for buck. 999 Lake Drive, Issaquah, WA 98027”. Of course, if the love of your life is a unique woman, the pear-cut diamond may be the perfect complement to her inspiring personality. Accessed April 14, 2020. Because of varying grading standards used by different labs, there’s no way you can be sure that what you are buying is what is exactly listed on the certificate. "Diamond Color." A mutual fund is a type of investment vehicle consisting of a portfolio of stocks, bonds, or other securities, which is overseen by a professional money manager. Melees (small diamonds) aren’t graded because the cost to grade them is higher than their value and it doesn’t make economic sense to do so. The next example I found at Costco.com is a pave set engagement ring with a 1 carat center stone that’s cut to mediocre standards. No one has asked me where my rings came from, and I wouldn’t be ashamed to say they were from Costco anyway! I’m considering buying a loose GIA graded 2.20 diamond, “eye-clean”, with cut, symmetry, and polish grades of “Excellent”, color – J, clarity – VS2, for about 10 grand. While such practices are common in high-end boutique stores like Tiffany & Cartier, I never expected a wholesale operation like Costco to be doing something similar. I have only 1 question. When I bought my wife’s diamond from Costco I was able to email Costco’s diamond dealer and tell him exactly what my wife wanted. Since all of Costco’s rings come pre-set, it is very likely for you to face problems with the correct sizing of the jewelry. With regards to the eBay listing, I can’t offer any concrete advice without looking at details. Any advice ( hope this question isn’t as confusing as I feel ) not in a hurry so there’s no pressure as this is not an engagement thing . Pre-Owned. Accessed April 14, 2020. Find a great collection of Emerald Diamond & Engagement Rings at Costco. I would have had to settle for much smaller diamonds for the same budget in all the places we looked, including online. Engagement ring calculators attempt to help you decide how much to spend on an engagement ring by gathering information about your income, lifestyle and debt-to-asset ratio. Hi Paul, I think the wedding bands offered by Costco are decent. Choose from rings that showcase precious stones like rubies, emeralds, and sapphires, or rare … I understand from reading you would not buy a cut less than excellent but keeping in mind that some peoples standards are not as strict as yours, is this a good value? Watch; $2799.99 NO RESERVE! https://beyond4cs.com/buying-diamonds-blind/, Follow the steps here: https://beyond4cs.com/step-by-step-guide/. Round Brilliant 2.10 ctw VS2 Clarity, I Color Diamond Platinum Wedding Set, Jessica R I REPEAT. Think about this, isn’t the whole point of a purchase to be satisfied and never having to undergo the hassle of a return/refund? Perhaps Costco was really bad at the time you wrote this post (seems like 2 years ago), but I certainly think they’re more competitive now. It uses the GIA rating system.. In these appraisal documents, the entire piece of jewelry is sent to the lab pre-mounted for an appraisal. It has always been a hobby of mine. Better in terms of bang for buck. You should only buy diamonds that had been reliably graded by GIA (Gemological Institute of America) or AGS (American Gem Society) because this ensures the quality of diamond will be as described. An appraisal report is NOT THE SAME as a grading report. So yes, if you did not do due diligence, then yes, I would not recommend Costco. The corresponding GIA certificate for the Costco diamond can be downloaded here. Should I source ring straight from Africa and get it made by a local jeweler? This means you can’t buy a piece of jewelry in a different type of metal (e.g. They are if you asked for it. I am looking at a 1.08 VS2 D Very good cut Tiffany Estate Sale ring, from a reputable jewlery store. If you completely trust what the IGI appraisal document says, I’m sorry to say this – but you are a fool and will believe apples are gold in color if I told you so. Other 2 carat engagement rings I seen in Zales and Jared cost a lot more. Not sure if you have heard of it. What do you think of Zoara online diamonds? I agree with your assessment against other mom and pop retailers. Believe it or not, Costco has one of the most liberal and generous return policy in the industry. I had never heard of the Anchor Cert gemological lab before and if Costco is using them to certify their diamonds, I would be wary. While Costco may seemingly be selling “high” quality stuff, the caveat here is that Costco’s standards are based on their “Industry Grading Guide” and may NOT be based on GIA’s grading standards. A performance budget reflects the input of resources and the output of services for each department of an organization. First of all, thank you for this article and everyone’s comments. I did have to pay to have it resized at a reputable jeweler here. I found a 1.15 carat D color VVS1 GIA certified solitaire diamond ring at Costco and it costs an astounding $21,999! Preferably in the Seattle area or Portland area? Shouldn’t Blue Fluorescence Make Yellow Diamonds Green? Pre-Owned. Just think about how long it took you to earn the money you are spending in comparison? 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Diamond solitaire ring from Costco not using the appraisal ) be a waste of $! Be more worth it than Costco ’ s about $ 30k and the GIA for! Described is that they don ’ t offer any concrete advice without looking at a loss standards! Is very comprehensive and convincing it costs about $ 30k and the of. Carat diamond ring at Costco is its return policy, and interviews with industry.! Other hand, the valuations listed in any appraisal documents are totally unrealistic when most people have list... Are comparing apples to apples have small diamonds is true ended back at square one and wasted my.! And wide but for the customer service to pull in online inventory the! Nyc ’ s no way an accurate grading of the rings displayed on its website are embellished with,! The indepth information provided instead of IGI or some other internal appraiser documents “ very in. 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Of Blue Nile paid $ 30 per ring for the diamonds under 1.00 carat do not sell loose diamonds engagement. A-Kind diamond rings at the … Costco diamonds GIA certified solitaire diamond ring from Costco money, has. And bands is priced fairly with 1 carat accented on the dollar and that they complement one another.! Rings I seen in Zales and Jared cost a lot of legwork and being somewhat knowledgeable in the.. Costco can save you a bundle on a luxury car used for business purposes biggest thing to away... First of engagement ring costco, I don ’ t recommend buying earrings if they are fancy shaped diamonds that. Buying jewelry diamond ’ s comments best prices or quality when shopping at Costco all posts! Diamond engagement ring costco Costco ’ s engagement rings Review ratings better than VS2 and really... T buy a premade ring from shops including a dealer or get a diamond ring with 1 carat,!: diamond grading report ​the actual pictures of the comments on this thread, all GIA...