I am feeling just awful!!!! I took my ring to be appraised yesterday and the appraisal came in over $4,000 less than what my fiance paid for it. The center diamond itself is very, very good. The side diamonds are just ok. The main problem is the size of the diamond and what he paid. The certification and all the paperwork on the center diamond states it 1.01ct. The jeweler who appraised it says its actually just under 1ct. He says it is not a size difference that is visible to the naked eye but under the scope its very apparent and is considered a "sizeable" difference. I got a second appraisal and that jeweler came almost $5,000 below. He also stated it was a beautiful center diamond, almost completely flawless and colorless. However, he did not state the center diamond size difference. But even his appraisal was lower than the first.
I love, love, love my ring. My fiance could have given me glass in it and I would have been happy. I feel absolutely awful that this happened. He did soo much research, went to 17 different stores, went to a diamond seminar. He did everything right to get me the perfect ring and he got taken advantage of. He contacted the store tonight and they have agreed to compensate us, we just don't know how yet. They will have an answer for us tomorrow. I feel they should either upgrade to a better setting or side diamonds or a better center stone. Or refund the difference of the appraisal or give us our wedding bands as the difference. However, the major problem is getting it insured. No one will insure it for what my fiance has paid so I am thinking a refund will be the only option.
My fiance is soo angry right now he is barely speaking to me. I know he's not mad at me. I just don't want this happy time to be ruined. He was so proud of himself for doing such an amazing job and come to find out he was majorly screwed.
I am heartsick over this.....I just wish I could make him feel better.
Has this happened to anyone? Any advice?