I started my search at local jewelers in my area and was able to get an idea of what I wanted from them, but at a cost of more than I was willing to spend. (I'm very fortunate to have a girlfriend who doesn't want me to spend a huge amount of money and actually specifically told me I better not go into any debt just to get her a ring.)
My girlfriend and I had talked about what she likes. I knew she wanted a white gold band, relatively small with a few channel-set side stones. After comparing sizes of the diamonds in the local stores, I decided I would want to get close to a 3/4 ct diamond (princess cut) and maybe about a 1/4 ct total weight with the side stones.
I also decided that I wanted an H or I color (after comparing them in stores on a white background and not being able to see any color difference between the higher ones, especially on stones already set), and I just wanted it to be eye-clean. I settled on VS1 or VS2 as the lowest clarity I would go.
I couldn't find a lot of reviews from people buying at Amazon.com, but I've been a fan of Amazon for a long time and the couple reviews I did find were all great. I decided with the 30-day return policy I could really do no wrong. I found the diamond I wanted (.71 ct, very-good cut, I color, VS2 clarity) for $1690. I could not find this same diamond in a local jewelry store for less than $2200. I also found a 14k band that looked like it would be exactly what my girlfriend would want, with 5 round channel-set side stones on each side of the band totaling 1/4ct. The total price for the ring was $2140.01 with free next-day shipping (after they set the stone of course). This is easily at least $1000 off the lowest price I could find at a retail jewelry store in the area. I priced something similar at Jared the Galleria of Jewelry and I think it was about $3400-$3500, although I cannot remember exactly what the diamond specifications were so you might be able to get it a little better than that.
I placed the order on 9-2-08 in the evening, and it arrived on 9-10-2008. When I finally got it open I was very pleased! This ring looks even better than the pictures on Amazon.com. It is slightly smaller than the picture looked online, which is actually what I wanted and was hoping for since the online pictures of rings are so close-up it's hard to gauge exactly what it's going to look like on a finger (to me anyway). The package came in a great ring box, and the only thing stamped inside the ring is the "14k" mark (I read an online review of someone else whose ring was stamped "Amazon" on the inside, and while I would have been ok with that, I like it much better with it being plain).
The diamond is GIA certified and also comes with a signed Amazon.com appraisal, appraising it for about $800 more than I paid ($2950 or so--can't remember the exact number and don't have it in front of me). I think this is probably more for insurance purposes than anything else, and in fact I am taking it to my homeowner's insurance agent today to make sure the ring is covered.
I'll try to get a picture to upload in the future, but I just wanted to let everyone know that I would absolutely purchase from Amazon.com again. I considered other online retailers that have been mentioned by others on here, including Union Diamond, Blue Nile, and James Allen, but in the end I decided on Amazon because of my previous experience with the company and because I was able to find the exact diamond and setting that I wanted.
I would appreciate any thoughts/feedback/questions you may have, or any suggestions on things I may not have thought about since I am such a newbie to jewelry purchasing and diamonds. Thanks to everyone who have posted here in the past--I have learned a lot from reading all the advice you have given to others.
Edited by cwguth, 20 September 2008 - 03:54 AM.









