What is the quality of Costco diamonds?

Overall, Costco diamonds are of decent quality and offer great value, as long as they’re GIA certified. You can find a ring for 50% less than at other big-name jewelry stores. But compared to online retailers, Costco cannot match their selections, customization, or service.

Are Costco diamonds enhanced?

One-of-a-kind diamond items will include both an IGI appraisal and GIA Diamond Grading Report regardless of carat weight. Colored gemstones are often enhanced in the production process. Colored gemstones offered by Costco have been treated unless otherwise noted.

Does Costco sell fake diamonds?

Costco offers our members high quality jewelry at an exceptional value. Our team of GIA Graduate Gemologists inspect every diamond to ensure it meets Costco’s strict quality standards. We only sell natural and untreated diamonds.

Is Blue Nile reputable for diamonds?

Diamond Selection: Are Blue Nile Diamonds Legit? Blue Nile diamonds are absolutely legit. … Blue Nile has over 120,000 diamonds available on their site – not as much as their competitor James Allen, but certainly enough to guarantee you’ll find something that fits your taste and your budget.

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What is the markup on Costco jewelry?

How does Costco sell these at a discount to tony art galleries, premier wine dealers, and luxury jewelers? With millions of members and low overhead, that’s how. Costco only charges a 14%-15% markup just like any other item in the wholesaler’s inventory, including toilet paper.

Is Costco jewelry real gold?

Costco offers jewelry in either 14k or 18k gold with some wedding bands available in platinum. 14k is 14 parts gold to 10 parts alloy or 58.3% pure gold and will be stamped with either 14k or 583. …

Are Tiffany Rings fake?

Look for a “Sterling” stamp. Tiffany’s sterling items are among the most counterfeited. True sterling features the mark “925” or “Sterling”. If you don’t see either of these stamps then your piece is a fake.

Are lab created diamonds real?

Do laboratory-grown diamonds look real? The short answer: Yes, because they are real diamonds. Lab grown and natural diamonds cannot be differentiated with the naked eye. They also have that same sparkle you’d look for in a natural diamond.

Who owns Blue Nile diamonds?

Bain Capital Private Equity and Bow Street LLC acquired Blue Nile in February 2017, for $40.75 per share (approximately $500 million). First announced in November 2016, shares of Blue Nile Inc. rose 34%.

Where does Blue Nile get their diamonds?

But in addition to certified conflict-free diamonds from Africa, consumers can also shop for diamonds from other locations. Australia, Canada, and Russia are also home to many diamond mines. Blue Nile, for example, procures many diamonds from Canada.

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Are Spence Diamonds overpriced?

The Price. Spence Diamonds are extortionately priced for the quality. On average they come in around 40% more expensive than online competitors such as Whiteflash, Blue Nile and James Allen.

What is the best diamond clarity?

What is the best diamond clarity? The best diamond clarity is Flawless (FL). To explain, a Flawless diamond features no internal or external blemishes. Similarly, the Internally Flawless (IF) grade means the diamond has no internal flaws, but might have external blemishes.

Is Costco gold jewelry a good deal?

Is Costco jewelry a good deal? The overwhelming general consensus is no. The decision is yours to make, but just know that Costco’s selection is limited and the price far exceeds the value.

What is typical diamond markup?

The average markup on a GIA certified Lumera diamond is less than 9%, which means the end consumer is paying very close to a true wholesale price (the price charged by diamond cutters around the world). This compares favorably to a traditional jeweler, which might mark a diamond up 100% or more.