How to find the best buys in engagement rings and build your buying confidence . Best Buys Buying engagement rings is often a major investment, and the key to finding a best buy in jewelry is to know the correct value of the piece in question. It is quite all right to dicker the price of a piece of jewelry down to the minimum the vendor is willing to get. Keep in mind that, if their asking price is already close to wholesale, there is little room to reduce the price any further. They escaped prosecution by showing that this was a common practice among jewelry vendors.
Prices can vary greatly on similar items from vendor to vendor.
So, lacking an independent appraisal, you should at least shop around and compare prices on items of similar quality. See our page on Diamond Jewelry to understand more about this subject. Gemstone and diamond quality is a major factor in calculating the accurate value of a piece of jewelry. Get a detailed receipt giving materials, weights and number of stones, sizes and quality. Also get a money back guarantee if returned within a reasonable period so that you can have the jewelry appraised by an independent appraiser.