We are considering purchasing a round brilliant 3.50 ct VS1 clarity I color diamond solitaire ring from Costco .it has a GIA cert. The GIA report number should be inscribed on the diamond and the jeweler should give you the original report during the purchase. Given their limited product selections and service standards, it really doesn’t makes sense to purchase diamond jewelry from Costco. Blue Nile. or Best Offer +$29.99 shipping. First of all, I won’t even consider buying a “very good” cut diamond anywhere regardless of prices. As of December 2020, the Costco website lists rings starting at $249.99 for a simple stackable band set in 14k gold with a 0.08-carat VS2 diamond. A jury determined the company was guilty of trademark infringement for using Tiffany to describe rings in its jewelry cases. There is still a severe lack of tangible data for the everyday consumer to base a purchase on. The rating for these characteristics determines the quality of a diamond. The cut is a matter of personal taste, but the quality of the cut matters to its brilliance. They will give you pennies on the dollar and that is no fun! Apart from insurance purposes, the “Summation of Appraisal” document is just a worthless piece of paper. From fresh seafood, travel packages, baby wipes and even to a brand new car, this warehouse retail giant offers an amazing range of products to their members under one-roof. We paid $30 per ring for the appraisals, and $60 per ring for re-sizing. It comes in a set as with a wedding band. In fact, I expected Costco to be selling diamonds in the lower tiers of color (J-K) and clarity quality (SI1-I1). While the love of your life is not likely to be sitting on a throne any time soon, that doesn’t mean you can’t treat her like the queen she is with a stunning oval-cut diamond engagement ring from Costco! Advantages of Shopping for an Engagement Ring at Costco. No. When buying diamonds, CUT IS KING. What the jeweler say about grading reports for small diamonds is true. I’ll be checking them out. I’m trying to sell the ring now and that’s when I realized why it’s a foolish idea to buy any form of jewelry from Costco. -color I. I checked Blue Nile to do a comparison and, after factoring in the band, Costco came out on top–easy. Costco. Gemological Institute of America. NO jewellery store is guaranteed to last forever (except maybe Tiffany’s) so thinking you’re “further ahead” getting that lifetime warranty is naive. I believe these jewelry are said to be I VS2. Gemology is the scientific study and identification of gemstones; investing in which can be risky for nonprofessionals. Our indepth review of Costco’s engagement rings will reveal some shocking findings you probably didn’t know…. A facsimile of the GIA report is fine. The potential pitfall based on what you described is that you had nothing more than a piece of paper to make decisions from. Read this webpage: https://beyond4cs.com/shapes/round/solasfera-vs-star-129/. I purchased a rather stunning engagement ring at Costco for approx. Read my ebook for more details. I understand from reading you would not buy a cut less than excellent but keeping in mind that some peoples standards are not as strict as yours, is this a good value? To show you another example that Costco engagement rings are actually more expensive than other vendors we recommend, I did another comparison against a different vendor. I am in the process of engagement ring shopping and was hoping you could help me out. So, should you go out and get the Costco ring? I will go in-depth and show you some side-by-side comparisons in a moment. Hi paul. Accessed April 14, 2020. Why are some diamonds in their inventory not graded and only have an appraisal document? I got 1.5 cts. This is rare in the jewelry business. At James Allen, I selected a ring setting with 0.32 ctw of side diamonds to match the one found at Costco. Check their website. I found another pair of certified princess cut yellow gold studs on eBay with a Costco Wholesale appraisal form for a very great price. If you are a value-seeking shopper, Costco is not the ideal place for seeking out deals because they can’t beat the traditional online jewelers in terms of pricing, quality and selections. Get the Costco ring if you see one you like, get it independently appraised and if it’s not what you paid for, return it. GIA DOES NOT ASSIGN CUT GRADES TO FANCY SHAPED DIAMONDS. That said, the devil is always in the details. In my opinion, there’s only a one benefit of buying a diamond ring at Costco – their return policy. Excellent Costco engagement rings review that is very comprehensive and convincing. Anyway, I’m just happy to get the ring out of my sight. It isn’t practical nor feasible. Also, the cost to get a diamond graded by GIA isn’t as expensive as you think it is. Same question as above. ​The actual pictures of the ring are available online 8 different views. I said no such thing about “excellent” laboratory ratings or “GIA excellent” cuts with fancy shaped diamonds because any such claims is misleading. "Diamond and Engagement Rings." Here’s an example of such a stone you should avoid. They turned out to be the VS2 and I color that Costco described, and he appraised them at $1700 more than we paid. Credible information like the type of grading report for your ring (if your diamond didn’t come with a reliable report from GIA/AGS, you won’t know exactly what you are buying and most likely be overpaying), ring design, diamond details, images and etc… would be great and be a big help to other readers! I strongly encourage you to read through the in-depth sections on diamond properties and specifications at Beyond4cs.com before you even start shopping around. Anyway, it’s pretty easy to do your own comparisons and research on the Internet nowadays to see if what I posted here was right. We were already big Costco fans, since we live in Kirkland and know people who work there. I did have to pay to have it resized at a reputable jeweler here. Yes. Seriously wonder your credibility now. Cut has the biggest impact on a diamond’s beauty and sadly, the cut standard at Costco is mediocre. What can you tell me about this 1 carat diamond ring with a radiant cut with 63.1% table size and 65.1% depth? The corresponding GIA certificate for the Costco diamond can be downloaded here. There is so much to this, and I really want to get a great ring for the money. Get Email Offers. Its diamond rings with a center stone that is 1.00-carat or larger come with a GIA Diamond Grading Report. Other 2 carat engagement rings I seen in Zales and Jared cost a lot more. 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