Are emeralds really that much more expensive than diamonds?
December 24, 2010 11:46 AM Subscribe
I'm looking for emeralds for an engagement ring and can't shake the feeling that I'm going to be paying a lot more than I should. Does anyone have any experience buying emeralds?
posted by Ctrl_Alt_ep to shopping (14 answers total) 9 users marked this as a favorite
This summer I started looking for an engagement ring. I found exactly what I was looking for - a white gold three stone setting (round-cut) with a particular design. It would accept a 4.5 mm stone, flanked by two 3 mm stones. In diamond terms, this would be a 0.33 carat and two 0.1 carat stones.
There is no question about the fact that my girlfriend wants emeralds. I think that this is great, because I think diamonds are a little boring.
Things started getting a little curious when I started looking for three matching emeralds. I have spoken to two reputable jewellers in my hometown and recieved a number of quotes. Each jeweller only sells emeralds that are a particular apple-green and don`t have any visible inclusions. I understand that this comes at a premium.
So, the quotes that I have recieved are in the 2-3 thousand USD range. There are two things that I don`t completely understand about this. First, is that these three stones cost considerably more than a single emerald of equivalent weight (about twice as much) and that they are also much more expensive that good quality diamonds of the same size (again about double). Neither jeweller would give me a straight answer when I asked about this.
I would really appreciate if anyone had any insight into the emerald buying process or could confirm that $3000 is a reasonable price for high quality emeralds of this size.