Price points for Tiffany engagement rings?

Question

Okay, so I'm looking at the Tiffany website (this page in particular: http://www.tiffany.com/Engagement/Item.aspx?sku=17655485) and noticed that the only pricing information for a platinum and diamond engagement ring in the traditional Tiffany setting is that it is "priced from approximately $1,200."

What does that mean? What exactly does one get for $1,200? Is it the 0.25 carat diamond, since that's the smallest size listed in their diamond chart? Also, does anyone know approximately how much each increase in carat size costs?

Answer 1

I was confused as well when I started looking online for my engagement ring (since my fiance let me pick) Almost every website that gave a price the way that the price is given on the page you looked at was for the setting only-no diamond included.  They do have it on there in a vague way but I can pretty much guarantee you that a Tiffany Co band will be at least 1200 and that a .25 carat diamond  will not be included in that price. i.e my diamond alone was 2300 and it is a .72 and my band which is palladium since I am allergic to gold was not Tiffanny brand and it was five hundred.

Also increases in carat size are not the only thing that effects the price of your ring, cut, color and clarity all make a huge difference in the price. We went to a local jeweler who was awsome and sat down with us for an hour to explain everything about buying a diamond. I really learned alot and it was worth the time it took to find the one I really loved.

Answer 2

If you love the guy, why are you making suggestions that would put him in financial hardship? If you love the guy, an engagement ring is not that important. If you are so vain as to absolutely have to have one, then he should question why he needs to marry a materialistic woman.

Answer 3

i would agree that Tiffany's is totally overpriced... but the benefit of buying from Tiffany's is that you get a guarantee that your diamond is not a "conflict diamond" meaning that it was not purchased from a country designated by the UN to be unstable, where diamonds are harvested by slave labor and the profits go to fund wars, even genocides (usually in Africa)

where ever you get your diamond, make sure the dealer can guarantee this to you, make sure they are reputable.

Answer 4

"from $1200" means that you'll be getting the smallest diamond they have available, the lowest quality they have available, and the base level metal and setting.  

$1200 is the starting point for their entry level ring.  

And if you want a Tiffany ring, don't let anyone tell you "it's overpriced".  They are, but they aren't.  Tiffany rings will be always be in demand and are a wonderful thing to pass down to your children and grandchildren.

If you don't have your heart set on it, then head to a jeweler (not necessarily jewelry shop) and spend however much you can spend - and get QUALITY.  This is the biggest mistake that couples make when ring shopping - they get a larger ring that's lower quality.

Answer 5

Yes, you're right - Tiffany's rings are very expensive.

The price point for that ring starts at $1,200 depending on what kind of metal you choose and that's without the diamond.

Then comes the diamond and Tiffany's has very high diamond standards. They will not sell any diamond below certain parameters in the basics of clarity, color, cut, etc.  

For example, if you're looking for a 1 carat stone for that ring, you can expect, on the low end, to drop about $10,000 for the diamond at Tiffany's.

If you like the classic Tiffany setting but need something priced more reasonably, you can find that style at almost any jeweler.

Hope this helps, and I hope you get exactly what you want!

Answer 6

Honey...its Tiffany's for crying out loud.  When they say "from $1,200" that only includes the setting you are looking at.  The diamond is a totally different purchase and will be at least $1,000.  How much the size increase is depends on the quality of diamond, but you can count about 1k for each quarter carat.

I've always found Tiffany's to be a waste.  Nobody will know it is one unless you are constantly bragging or wear the box on your finger too, both of which are very unattractive.  Plus, when the ring is appraised for insurance and value you don't get bonus points for it being Tiffany's and paying the markup.

Take a pic of design you like to any local jeweler and they'll make it for you at half the price and you'll be able to get a much better ring or just save the money.