Jewelry Experts Guess The Cost Of Diamond Engagement Rings
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- čas přidán 27. 05. 2024
- Jewelry appraisers Peter and Lisa have just a few minutes to put their expertise to the test to figure out the price of these diamond rings.
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I'm buying from Lisa and selling to Peter.
What a smart deal your brain like a diamond 😉
I laughed so hard 🤣🤣🤣
For real!!!😂😂😂
🤣🤣🤣🤣
😂😂😂
What is the point if none of these girls actually know how much the ring was 🤦♀️
I KNOW!!! that was just pointless>
shakhir r There are three different women, who are you talking about? And how could they be scammers?
Just for the sake of it. Hahah I was a jewelry appraiser. I tried so hard not to appraise my engagement ring. I gave in to the temptation and eventually appraised my own ring. No big deal.
No, she knows what it cost. Not the same thing.
🙄
either one of them is seriously overpricing the rings or the other is really underpricing them
I think one is more Retail Value of the ring versus the Resell Value of the ring. At least that's the only reason I could see them being so drastically different.
No one guesses way closer than the other tho
@@melissalynn7183 My husband Adam mehmed Email address All 🐖🐖🐖🐖🐖🐖🐷🐷🐖🐖🐖🐖🐖🐷🐷🐷🐷🐷🐷🐷🐷🐷🐷🐷🐷🐷🐷🐷🐷🐷🐷🐷🐷🐷🐖🐖🐖🐖🐖🐖🐖🐷🐷
The guy overpricing is probably just trying to be really nice for the camera and the person sitting in front of them. Could also be a strategy to get folks into his service since he dropped his company name at the beginning. Who knows.
the other huge component is what is charged for certain styles as they come into popularity, plus the difference between the cost to make and what they are sold at (most jewelers sell at at least 300%-400% the cost of the ring, often substantially higher)
You’re telling me you couldn’t have found three women who actually *knew* how much they paid for their rings to participate in this video?
Pumpkin God ...you do realize that typically, a person doesn’t propose to themselves with an engagement ring they also bought themselves, right?
clorox bleach ... you do realize that this video would have made a lot more sense if they asked their spouses how much they paid for their engagement rings before filming, right?
clorox bleach and you even more stupid than the video
Pablo honey, it’s you’re, not you.
Pumpkin God It actually would have made more sense if the people appraising the rings were telling them what they were appraising for, but sure.
THE RING IS ATTACHED TO A NICE GUY.......isn't that the ultimate win for life :) how sweet
In other words she doesn't really like the ring, but it's sentimental 😂
@@sydneygrace2665
oh dear...I didn't think of that !
I honestly don’t care about the ring, just as long as it’s a nice guy. So maybe she’s like me?😊
@@MultiFabulous14 I agree, the ring is just a symbol. I didn't even think about the possibility of her just saying that to insinuate she didn't like the ring.
@@sydneygrace2665 I don't think so lol, she just meant that the ring have much more meaning to it
I think the appraisers were so different because maybe the gentleman was appraising for insurance purposes and the lady was appraising based on what she thought it would re-sell for.
The question is straight up though - the worth of the ring.
Not what you can get on the market or replacement cost.
@@recoil53 the worth of something is always determined by what you would get on the market for it atm
@@sleepygirl96 And yet that means the answer would still be the same. Insurance is to cover the cost of replacement.
Of course a pawn shop will buy for less, since they have to cover their business costs and make a profit.
recoil53 so I just went ring shopping and you can buy a generic 1 carat diamond ring from a jewelry shop for $2500 and you can buy a Tiffany’s 1 carat diamond for 13k so there can be a huge gap even if it’s the same material
@@recoil53 If you think "worth of the ring" is a straight up question you have a lot to learn.
I love how Peter worded everything with that custom heirloom ring. He said it’s sentimental, so really, it’s priceless. Then he said he’d look at the material value. Idk I just thought it was cool that he didn’t want to take away from her excitement of it being so sentimental
Same. That made me smile.
My thoughts exactly 💖
He is so careful. Sweet.
The Dr. Who box was real cute. That’s actual goals
Salah Ezzat is tryna get sum
Are they asking for retail price? Appraised value? Resale value? Wholesale value? How much a pawn shop would pay? How much if they sold it on their own to a person? There are so many different "values" they could both be right on every single one of these.
Jon Sumpters keep swing your name pop up in these comments finally someone who actually has a clue about the trade
retail
Peter must have started the business at 5, because he doesn’t look a day over 35!
.-. OK?
𝙻𝚖𝚊𝚘
Honestly like according to those stats he is late 40s-50s and there’s no way!!
I literally checked the comments to find this haha
Asian don’t raisin
Peter has been in the business for over 30 years? He looks 35! Asian don't raisin 🙌
Right just like black people
Teanna Diamond Imagine the Anti-aging powers of Blasians! Combining the “Black not cracking” genes with the “asian not resining” genes 🧬 BOOM INFINITY
lol 😂 I’ve never heard this before
I think white people just age bad because they don’t value skincare as much and because of nutrition
Katy Bee Think it has everything to do with not having melanin and protection from sun.
Peter: this stone has a lot of imperfections and is very small I value it at $1,000,000.
Lisa: this stone is beautiful and very big I value it at $100.
The guy has been doing it for way longer and gave way more explained details about each ring. The girl just stated the setting it was in and said yup its clean and bright
Galylea Velazquez - true, but the girl was usually closer to the real value. My guess is that she could have been careful about what she said because she didn’t want to offend the ring owners. Since unlike at their jobs, these people already have emotional attachments and plan to keep their rings
yet she was more accurate in the prize
Her prices were if you were going to pawn it. His were if you are getting insurance on it. What was spent is in between.
Listen more carefully. There were other things she explained.
Hers was not pawn value but market, pawn only pays scrap value
they ring-owners don't even know how much the rings cost.... this would have been way more interesting if they did
Right
Them not knowing made the video kind of pointless
Well is a engagement ring from the partner i think so they.know and they not suppost to
I hate the fact no one knows how much the ring actually costs smh anyone can guess would have been cool to see if they were actually good at their jobs.
Bri Bri that’s why it’s called a guess. stfu
Estevan, pretty sure she meant none of the girls who owned the rings knew how much their S/O paid for it. Ergo, how do we know if the appraisers were actually good at guessing
What the ring is worth in gold/diamond value vs the retail cost are two different things. And you can't judge from the video how much appraisal was edited out you bimbo
I KNOW. pointless video without the real answers...
That’s because it’s worthless in the resale market
Diamonds are not rare and grossly overpriced
Peter: *overvalues the jewelry*
*finds out it was overvalued*
WELL HE GOT A REALLY GOOD DEAL THEN
Peter’s prices matched what I saw in stores when ring shopping.
I dont know who was *actually* closer to the price, but Peter was so much more articulate and informative. I definitely enjoyed listening to him more.
two apraisers but also two differrent prices
no1 very good and exprienced, but his price is the retail full price you would pay
no2 is like more like a pawn shop employe and the prices closer want you would get if you sold the ring
the truth is somewhere in between
I think your 100% right
Pawnshop price for a ring like that unappraised is probably closer to $1800 (I price jewelery in a pawnshop)
His price is based on colour and hers was just based on size so she probably used the average for the size.
@@tiffanyday187 you are right,
Always full retail price on a jewelry shop is hiked up. His price is the full price with the taxes.
Nah the truth is under what both of them would offer. no 2 is better at gauging prices
Peter was in the business for 30 years I will go with his final say over that girl anyday. So yes he has a huge amount of experience and is in no way like a pawn shop.
Got an ad for engagement rings before this vid. 🤔😂
CindyLouWhoXO me tooo
bc u clicked a video abt diamond rings...
ya me too!! lol
They are both such pleasant professionals. Peter was a sweetheart. I like how he told Betsy that with her ring, it will be priceless but he will appraise the material.
Wait why is someone who doesn’t know the price of their ring being featured on a video where people guess the price of her ring?
I think it's less about guessing the right price and more about showing viewers how they estimate prices
True, but if they are using engagement rings, it isn't tasteful for a woman to be privy to what her spouse actually paid for the ring. Why would her husband tell her that? He could, but he probably shouldn't.
to be fair, the first girl said she asked her husband and he said something like he didn't remember the exact price he paid. And the third girl knew how much her husband had spent on the ring itself but didn't know the value of the diamond because it had been passed through generations.
I’m appraising her eyelashes at $2
I'm appraising your comment at Savage Level 😂
Somebody had some meow mix this morning 🐱
They were falling off and making her eyes red and watery.
hahahahahahha
I trust Peter’s appraisal way more, he actually measured the carat size accurately, rather than guessing, looked at inclusions/colour etc. and generally seemed to have a lot more knowledge
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere???
So is Lisa a lowballer or is peter a high baller
Peter is more knowledgeable and is giving high-retail replacement values for insurance purposes. Lisa seems to be pretty new to this and is giving her best guess as to what was paid for the rings. Neither is wrong but an insurance value is always gonna be high.
Jon Sumpters thanks!!
Peter is seriously highballing. He was supposed to be appraising cost, not for insurance purposes. . He was clearly way off. I would never personally shop with him. I would go to him to have my jewelry appraised for insurance purposes though. . Lisa’s estimates were proven to be much more accurate based on what the customers actually paid for the rings.
Grainne Salino it seemed to be like she was guessing since she was actually guessing the size of the stones and was off every single time
Yanis Chapman
She was much closer than him with her estimates. Did you watch the video.
“I’m Asian, I like good grades”😂
jesus... 🤦🏼♀️
None of the ladies actually know how much was spent on their ring lol
It's a gift. Do you ask the price of your birthday presents?
I was the one who chose my ring🙂
@@user-wi2vn7cu4w for the purpose of the video they probably should have had people who knew tho lol
I don’t know the price of my ring either. I don’t need to know the price though, it’s priceless to me and it’s paid off so I don’t care.
My husband bragged to me about how he got mine on sale. We didn't have much money, it's not a diamond, but it works! I also had picked out three rings and he only had to pick the one out of them
The interesting and probably predictable thing here, is that the 'Diamond Experts' are only consistent in over selling diamonds worth; I mean, that's the whole diamond industry in a nutshell.
It's worth what people will pay for it.
@@jongold4411 True. But that doesn't mean that there isn't a massive spin engine constantly working to keep prices separate from supply and demand.
@@AscendtionArc Yet another person on here with an assertion but no evidence to back up their claim.
@@jongold4411 Unfortunately it is true. Diamonds are as common as mud. The diamond industry only release a certain number of diamonds each year to sell which keeps prices high and therefore protects the diamond industry (which isn't necessarily a bad thing, it is very clever). Unfortunately most consumers are not aware of this. They think diamonds are extremely rare. I am always amazed when I tell someone if you had a large flawless natural ruby, emerald or diamond which would be worth the most. They always say the diamond. Full congrats to the diamond industry for superb marketing and selling, clearly they are doing something right. Is it ethical to do this? That's an interesting question? I wonder what people think? Oh, the large flawless natural Ruby is worth the most!
@@amazingafricanviolets5778 You wasted your time. I sell diamonds/jewelry for a living. This doesn't negate what I said in the slightest.
"It is round and a little bit out of shape". I've never felt more like a diamond in my life!
“It’s really sentimental”... “so it’s priceless”
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??
So basically shop around for your appraisal if you plan to insure your ring because damn those are different appraisals
Or try to find a certified appraiser and gemologist.
Who are lisa and peter? Just because they work in the industry doesn’t mean they have the education, and unfortunately you don’t need education to call yourself an appraiser.
Insurance only covers a fraction of the ring e.g. if it's a $12,000 ring the insurance will only cover $2,500 of it
You're better off buying a cubic zirconia ring for $350
Vergil the legendary dark slayer Depends on the policy. I added a floater specifically for my ring and certain art pieces and will get the full appraisal amount back if lost or stolen. Your homeowners only covers so much by itself, yeah.
Massive difference in appraisals. I’d go to the guy every time.
But literally the girl was closer to the actual price?
Wouldn't that indicate he could be over-pricing the diamonds?
@@rmereh I guess as a customer that would be a good thing but as a seller it would be terrible?
@@rmereh I think he was adjusting for the stores markup
cross exit right but doesn’t matter because if you’re insuring it you want to be insuring it for a high price
Gotta LOVE Betsy's bubbly personality! : D
"hE gOt A gReAt DeAl"
The second ring was breathtaking 😍
this waas so fun to watch!
I'D GO TO PETER'S DIAMONDS SHOP ANY DAY
Peter: $4,500?
Girl: $580
Peter 😯
That one was kinda silly, because he was giving the price for the whole ring, and the price her husband paid was just for the band and the setting of the stones. Of course there is going to be a huge difference.
Yeah they already had the diamond and some other stuff.
That one annoyed me, her husband simply paid for resetting stones... He appraised the cost of the setting AND the stones.
Found your post interesting to watch. I can't wait to see your new videos soon. Good Luck with the upcoming update. This CZcams channel is really very informative and effective.
“I’m Asian so I like good grades” I died
Imagine spending $10k on a ring just to find out its worth 1.5k
"I like the box more...Wait don't put that in there" 😂😂😂😂
Ok but why do their voices sound like they’re dentists?! Just me? Ok.
"You've got a great deal!" sounds like a safe answer when they miss the actual price 😂 I wonder if they did that on purpose, though 🤔
What they won't tell you is that all diamonds are a scam. The whole diamond industry is a scam.
it kind of is but it's called a tradition for most countries and it's hard to find diamonds these days
stupid esther diamonds can be made in a factory though?
It's only a tradition because De Beers launched a massive ad campaign back in the thirties and controlled the diamond market to make it seem as if they are rare, when in fact they are not. It's a marketing scam, and a very good one.
@@Niskibum facts! Both of your posts are right on the money! More proof of the brainwashing that businessmen have been getting away with for decades
As a jeweler business owner, I can tell you that its not the retailers rake in all the profits. The margins on diamonds is very very low. The ring itself has much higher margins
Buy a vintage ring on etsy thats not a fuckin diamond and boom, unique beautiful not insanely priced ring. I got a MaSsIvE opal with diamonds around for like 600$ and i look like a damn queen.
mary wolfcin opal 😬
@@krs123247 diamonds 😷
Opal is my birthstone
Was it a real opal though
@@Maria-il1nn lol of course ive had it resized and insured. It's an opal
Opal is my favorite! Diamond is my birthstone 😒 fortunately, I have my grandmothers ring for when that time comes. Cant imagine spending thousands on a ring
Thank you for this channel! I was following someone who also made AH videos, but one morning I woke up and they'd deleted all their vids! Thankfully I came across yours! For some reason these feel lighter and with more momentum, if that makes sense ? Idk but I feel like I get more out of these... Happier, more joyful feelings, too. Thanks again
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??
I think everyone should work at a Jewellery store at least once. It's very interesting to see the characters that come by.
Lisa is complementing the "customers" and appraising a more affordable price.That is some serious professional work. I know nothing about her and i am already 100% sure that if i would live in the area she works in and i would need a ring like that, i would go to her. She probably makes huge money and is respected by people . Nice woman.A beauty too :) .
Peter sounds like a doctor when he’s explaining the diamonds
“It is a little round and out of shape” 🤣🤣🥶
I love how the words "expert" and "guess" are right next to each other. The definition of an expert is a drip under pressure.
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere???
First time seeing the ring :
LISA : "OMGGGGG 😍😍😍😍😍😍 AWWWWW"
PETER : "First I see the metal type..." 🤓
I wish the actual prices of the ring were told to us
Inclusions in a natural stone or gem is about particles , fragments and maybe gas bubbles or imperfections in appearance that are included in a gemstone/rock which makes them look unique and natural.
I’m sorry but the doctor who box was the best thing in this video 😂
Tbh diamonds are overrated, I dont understand why would you buy just a ring for such a big price. Its not a ring you are married to.
And yet graveyards are full of people who fought over diamonds, jewels, and gold.
My husband listened to me and spent only 150 on a sapphire ring. It suits me so well and I’m so proud.
The ring is a symbol and is something that the woman will hopefully wear everyday for the rest of her life. I agree to an extent that if you have to save up the money then it might be better spent on a house or something, but at the same time, if you can afford it why not?
I thought the same thing! But then I found my own engagement ring that was 1 ct diamond for only $100 which is a STEAL 😍😍😍
I didn’t even buy my wife a ring. Save money
I love the girls ring was in a TARDIS box saying Will You Be My Companion? I’m a huge Doctor Who fan.
It’s clean!!
Interesting to see such a difference in each appraisal..
Maybe not get the rings appraised..lol
Fun to watch
this video is useless because the first two don't know the actual price their partners paid, and the last one already had the diamond when they got the ring made
The video is for appraisal of current worth, not a a contest to see if they can figure out the original retail price of it.
Moral of the story : if you have to estimate a diamond, go to several experts
Hey can you possibly give us links to their services in case we'd like our jewellery appraised?
I want a doctor who ring box!
Peter is a pro. Lisa seems like a newbie.
Also I love how I understand everything they talk about hehehe
Took my 2+ carat ring into a local jeweler, supposedly honest, well-known. I wanted an appraisal. He wouldn't do it in front of me wanted me to leave it, maybe a couple hours, maybe overnight. Then he said he could do it but had to "take it in the back". Gave some kind of excuse. I could just see him stealing it and putting a fake back in the ring. I didn't know any better, but I noped out of there. Good thing. Apparently they should be able to do it in front of you.
I got an ad before the video of making rings.. I thought it was part of the video 😂
Bwahahaha don’t go to Lisa if you’re looking to sell your diamonds
The Korean guy may probably see this as a marketing opportunity. He is smart. He may in fact intentionally overprice these diamonds to invite customers. Then, when you see him, he will give you an actual price or the lower price. Between the two of them, one would immediately think of going to the Korean guy and dismiss the woman altogether.
Adding the big halo makes it look so huge and showy when in reality the diamond is just over a carat lol this is why I prefer a solitaire🙈
Cheska is so funny! Hahaha
I'm just here to tell that diamonds aren't rare but the industry puts a cap on how many diamonds get to be on the market to keep the prices high. A self made limitation so people fight over them lmao. ALSO there is literally a way to make diamonts in a lab and the only thing that can tell the diffrence is a special machiene. Diamond merchers fight so hard against them, saying a natural diamond is somehow better and that's the TEA. If you want the source I can find it for you.
Thank you. This is what I came to the comment section for.
I think it’s hard when the ladies weren’t sure what the ring cost in the first place ....
Stunning! I hope you like the video of the enagement ring my fiance designed for me - it is stunning! x
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere???
THE DOCTOR WHO BOX AJDJDK YES
As an appraiser you cannot give estimates that way. There is a guideline for the price of diamond and for the karat and weight of the gold.
As a Gemologist this whole video is so painful on so many levels. 🤦♀️ These people aren't appraisers.
So glad she explained that Doctor Who was a show...would never of known
I love your profile pic 😂You think ALR will ever get a ring like one of these in the video?
Jamesa Brown I don’t think she needs added attention to her hands 🤭
Lisa looks like she just ripped her lashes off from the club. Then As/Is called her to ask her to be in a video so she put it back on. She didn't even have a protractor like Peter... Lisa, how dare you? LOL
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere???
“I like the box more, DONT PUT THAT ON THERE!”
*puts it in the video*
Can we get an update on that relationship? Loll
I've been working at a shop for a while and so has my husband, it's a family jewelry store. & I gotta say the lady was giving a better average price while the dude was giving kind of a retail/online price
.. all beautiful & stunning rings🖤
“Well if that’s the case you got a really good deal!”
I feel so lucky to get a ring passed down from my grandmother. She’s so special to me.
"I'm Asian I like good grades" dead💀😂
🤦🏼♀️
why are their estimates sooo different?
Are you under the impression that everyone is equally good at their job?
This is also my question. Makes me think that the guy appraise the rings according to their selling/reselling price and the girl was appraising rings as if they were in a pawnshop. Maybe same job description but different goal.
Because diamonds have no value over what sellers can get people to pay for them. They are not rare nor that expensive to source.
Kyle Corrie bruh
Kyle Corrie has nothing to do with how “good” they are at the job, the end price they’re appraising each ring for could be resell value, original selling value/estimate...it doesn’t say what they’re appraising FOR. That’s the problem with this video.
I'd buy rings from her and sell them to him and never work again!
Who here remembers Julie from the guess the manicure 💅 prices 😂😂
I love the second ring
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere???
@@jessicawiley5797 oh I’m not sure , but hope you have a wonderful day
Oh... I'm Jessica Wiley from Palm 🌴🥥 Beach 🏖️⛱️ Gardens 🇺🇲, I am a professional market analysis and expert binary trader 📈
How about you and where are you from?
@@jessicawiley5797 Orlando Fl and yourself
Uhh, I was hoping that the owner atleast know the exact price. What's the sense then?
Sounds like they're just guessing, they don't know.
"I like the box more...don't put that in there 😅"
They put it in there
Huge difference.
Do you know how the industry increases the prices like Peter saying a 500 dollar piece cost 4500 , that’s how jewelers in real life increases their pieces
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??
$580 was for the setting I’m sure if you already had the stone 🤔
All the girls were so chill. Just happy to be with a great guy! My girl wants a 1.5CT+ from Tiffany's because she saw how sparky another girl's Tiffany ring was compared to other rings at a party once 🤦♂️
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere???
Comparing to Lisa's bright and white, Peter can describe diamond with in-trade words like "SI, culet and inclusion", especially he knows the cutting. And all this stuff will affect the price on diamond
Hi! I like sparkly things so I’m here 👋
This would’ve been so much better if they actually knew how much they paid for the rings isn’t that the whole point 🤷🏽
Peter is going to lose some customers lol lisa be killing it
Wow indeed!! What an absolutely beautiful way to put it ALL in wonderful prospective!! I really never thought of it that way! I've said this before and I will say it again and again, I am soo very very grateful that I happened upon your video clip for the first time, and I look forward to it EVERY day at lunchtime!! YOU bring such a beautiful clarity to everything and its absolutely no wonder that YOU are the teacher and I am your humble ever loving student!! That you soo much for sharing this and ALL of your clips at just the perfect time!! â¤
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??
is it just me or did the girl sound like she didn't know what she was saying...?
Shivani Kumar agreed. The guy sounded way more professional.
@@melsue1026 The girl was closer to the actual price though, the guy was really overpricing them.
Abcdefg a real lucky guess
@@abcdefg2174 but they never really knew the prices they were estimating, and yes some people won't know how much their engagement ring costs but some do soooo... But honestly in situations like this it's entirely opinion based