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how much of a ripoff are diamond rings in Korea?

 
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mayorgc



Joined: 19 Oct 2008

PostPosted: Wed Sep 02, 2009 8:12 pm    Post subject: how much of a ripoff are diamond rings in Korea? Reply with quote

I've heard that they're way overpriced compared to the west.

The pressures are starting to pile up on me...
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Missihippi



Joined: 22 Oct 2007
Location: Gwangmyeong

PostPosted: Wed Sep 02, 2009 8:27 pm    Post subject: Reply with quote

Don't do it!
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talltony4



Joined: 09 Aug 2004

PostPosted: Wed Sep 02, 2009 8:31 pm    Post subject: Reply with quote

aren't they cheaper?

my friend bought a half carat stone in a white gold setting for 2 million.
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sokocanuck21



Joined: 16 Mar 2009
Location: Ansan

PostPosted: Wed Sep 02, 2009 8:46 pm    Post subject: Reply with quote

don't do it! it's not worth it! run away!
(about giving someone the ring, not about value)
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oldfatfarang



Joined: 19 May 2005
Location: On the road to somewhere.

PostPosted: Wed Sep 02, 2009 9:59 pm    Post subject: Reply with quote

Mate...... worrying about the price of an engagement ring is not going to be your biggest worry in the future..... Seriously, think about what you're about to do ( if you're marrying a K girl you're going to become the 'money making machine' and all your money - for the rest of your life - has already been allocated and spent).

Good luck with getting a 'good' price on the ring.
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Juregen



Joined: 30 May 2006

PostPosted: Wed Sep 02, 2009 10:00 pm    Post subject: Re: how much of a ripoff are diamond rings in Korea? Reply with quote

mayorgc wrote:
I've heard that they're way overpriced compared to the west.

The pressures are starting to pile up on me...


I'll give you an example.

In Belgium I bought a 2 karat diamond ring for 18.000 euros.

When this person then went to value the ring she got a valuation of around 34.000 dollars

The diamond had only one flaw and had very good color.
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xCustomx



Joined: 06 Jan 2006

PostPosted: Wed Sep 02, 2009 10:20 pm    Post subject: Reply with quote

The best thing to do is to go to Hong Kong and buy a diamond ring there, or buy it online at a place like Blue Nile or Whiteflash. The ring and diamond that I bought in America was appraised for $8000. The same ring and diamond was priced at 14 million won here in Korea. If you are going to buy a diamond in Korea, I'd buy it at a department store and make sure you get a GIA certificate.
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Joe666



Joined: 19 Nov 2008
Location: Jesus it's hot down here!

PostPosted: Wed Sep 02, 2009 11:14 pm    Post subject: Reply with quote

oldfatfarang wrote:
Quote:
Mate...... worrying about the price of an engagement ring is not going to be your biggest worry in the future..... Seriously, think about what you're about to do ( if you're marrying a K girl you're going to become the 'money making machine' and all your money - for the rest of your life - has already been allocated and spent).

Good luck with getting a 'good' price on the ring.



Yikes!! You really are an old stinky fart! OP, you may want to then price out a new "O-Ring". My next question is, which one is going to hurt more when you put it on!!
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hagwonnewbie



Joined: 09 Feb 2007
Location: Asia

PostPosted: Thu Sep 03, 2009 1:12 am    Post subject: Reply with quote

Diamonds are so over valued anyway. Considering how common they occur in nature, you could just dig one up and polish it yourself.

Fortunately one company has tons of them locked away in vaults for all of you who trying to impress your girlfriend's family and friends.

Instead I recommend a ruby or sapphire. They're a much better value and more beautiful IMHO.
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Moldy Rutabaga



Joined: 01 Jul 2003
Location: Ansan, Korea

PostPosted: Thu Sep 03, 2009 1:25 am    Post subject: Reply with quote

My wife's ring is beautiful, but it's not diamond. Many Korean women are certainly acquisitive enough, but they haven't had this sales scam drummed into them by DeBoers over decades that a diamond is necessary for an engagement or wedding ring, and all that three-months-wages flatulence. You might buy an inexpensive promise ring and then shop for a nice ring with your fiance, and find out what she's into.

We're all assuming you're getting married. Maybe you want to play Elton John on the piano and want rings on all your fingers or something, or you want to belly dance and put them on your toes. Cool Anyway, that's my advice.

Ken:>
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nottina



Joined: 08 Apr 2009

PostPosted: Thu Sep 03, 2009 2:19 am    Post subject: Reply with quote

I second buying online at Whiteflash. We had a really good experience with them.
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Richard Krainium



Joined: 12 Jan 2006

PostPosted: Thu Sep 03, 2009 2:28 am    Post subject: Reply with quote

Costco. After you buy it, have it appraised. if you don't think you got a good deal, return it to Costco. That's their policy.

Check this out.

http://abcnews.go.com/GMA/Moms/story?id=1197202
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roadwork



Joined: 24 Nov 2008
Location: Goin' up the country

PostPosted: Thu Sep 03, 2009 3:14 am    Post subject: Reply with quote

Moldy Rutabaga wrote:
My wife's ring is beautiful, but it's not diamond. Many Korean women are certainly acquisitive enough, but they haven't had this sales scam drummed into them by DeBoers over decades that a diamond is necessary for an engagement or wedding ring, and all that three-months-wages flatulence. You might buy an inexpensive promise ring and then shop for a nice ring with your fiance, and find out what she's into.

We're all assuming you're getting married. Maybe you want to play Elton John on the piano and want rings on all your fingers or something, or you want to belly dance and put them on your toes. Cool Anyway, that's my advice.

Ken:>


What type of stone is it? I was thinking of getting a nice deep black polished onyx stone set in silver and having it engraved for the "official" wedding. Maybe make a matching silver box for when I hand over my huevos (that's *beep* for all you common folk) as well.

Okay, the *beep* was referring to part of my genitalia responsible for makin' them little white critters.


Last edited by roadwork on Thu Sep 03, 2009 3:51 am; edited 1 time in total
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Moldy Rutabaga



Joined: 01 Jul 2003
Location: Ansan, Korea

PostPosted: Thu Sep 03, 2009 3:23 am    Post subject: Reply with quote

To be honest, I am a little embarrassed -- it is imitation diamond. My wife thought that shiny glass is shiny glass, and having a nicer honeymoon was better. No complaints here.

Congratulations. The onyx sounds good for the huevos-rancheros-handing-over ceremony. I would be slightly less romantic and consult with my fiance about these things beforehand (maybe you have). Korean women associate different things with different gemstones, just like we link red roses to passion, for example.

Ken:>
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roadwork



Joined: 24 Nov 2008
Location: Goin' up the country

PostPosted: Thu Sep 03, 2009 3:53 am    Post subject: Reply with quote

Moldy Rutabaga wrote:
To be honest, I am a little embarrassed -- it is imitation diamond. My wife thought that shiny glass is shiny glass, and having a nicer honeymoon was better. No complaints here.

Congratulations. The onyx sounds good for the huevos-rancheros-handing-over ceremony. I would be slightly less romantic and consult with my fiance about these things beforehand (maybe you have). Korean women associate different things with different gemstones, just like we link red roses to passion, for example.

Ken:>


I don't know of any gemstones that are slightly tan with little white blotches, thanks to my strategically placed vitiligo.
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