When you purchase an article of jewelry with a 1.00ct center diamond or larger, it will also include a Jewelry Grading/Gemological Report describing the jewelry piece. This report will not have a monetary value listed, however, you can contact the company that issued the report and request an insurance appraisal.
Is jewelry at Costco a good deal?
You won’t be disappointed with the quality of your purchase. However, Costco is nowhere near close to offering the best price for quality diamonds. If you are buying an engagement ring or stud earrings, you can get far better value and service using a legitimate online retailer.
What is Costco’s markup on jewelry?
The average gallery markup on fine art is 60%-300%. The average markup on fine jewelry is more than 100% and on wine it’s between 30%-300% depending on whether it’s from a specialty wine store or restaurant.
Does Costco give GIA certificate?
GIA has established the internationally accepted standard for diamond grading on which Costco’s standards are based. 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.
What happens to returned jewelry at Costco?
You can return jewelry purchased on Costco’s website and get full refunds for the price of the item as well as the shipping and handling fees you paid.
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. …
What is the best month to buy jewelry?
A recent article published on CNBC boasts that July is the best time to buy jewelry! With no major holidays in sight, jewelers are set to offer promotions and discounts during this summer month.
How much does Costco markup their diamonds?
“The markup on diamonds is 14%, which is probably the lowest in the United States.” In addition to some of the best prices and a great selection, Costco also offers an incredible return policy on jewelry that includes a full refund at any time with the diamond’s original paperwork.
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.
How much does Costco markup their products?
Unlike the typical 25 to 50 percent or more markups at most retailers, Costco caps its mark-ups at 14 percent for outside brands and 15 percent for Kirkland (in-house) brands. But in many cases the markup is significantly lower, which is why the average mark-up across all Costco products is 11 percent.
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.
Do GIA certified diamonds cost more?
Having a diamond graded by GIA is not expensive. GIA charges as little as $48 for a grading report for a diamond weighing 0.70 ct to 0.99 ct, and as little as $80 for a diamond weighing 1.00 ct to 1.49 ct. (Most jewelers factor grading fees into the price of the diamond.)
Is color more important than clarity?
The color grade is more important than the clarity grade because cushion-cut diamonds tend to retain a lot of color. … Because of this, you can go as low as SI1 or SI2 on the clarity scale, and the diamond should still appear flawless. If you are shopping for a radiant diamond, prioritize color over clarity.
Can you get ring sized at Costco?
Will Costco Resize My Ring? No, Costco does not provide any resizing services. However, most rings can easily be resized by a professional jeweler.
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 Blue Nile 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.