I'm looking to buy an engagement ring. Where can I get a solid deal on one these days?
I helped a friend get a ring off ebay about 5 years ago. Purchased from a seller with 15,000+ feedback. He paid $3,000 and it was appraised at $11,500. I realize appraisal has little to do with retail price, but the appraiser was dumb struck by the purchase price.
Is ebay still a good spot? If so, any particular sellers?
If not, can you recommend any other avenues for purchasing one?
I read this thread
, but it was more about style and cut. Also, I'm looking to spend about 1/10th of the $25,000 mentioned in the link.
PS Yes, I want to get a standard diamond engagement ring. No, I don't want to hear why it is so horrible for people and how diamonds are artificially scarce.