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Old 09-03-2014, 10:09 AM   #1
Hanni
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Join Date: Apr 2009
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Default The Value of Canadian Diamonds?

I hope questions are okay.

I have one regarding the value of Canadian diamonds that I've never been able to get a consistent answer for from a jewellery store.

All numbers are just for example purposes.

-Engagement ring X cost $5000 to purchase
-The setting cost was $3000
-The diamond cost was $2000

The written appraisal from the jeweller states the ring is $5000.

However, the diamond is Canadian and comes with a certificate stating that it is worth $4000 all on its own.

What is the ring actually worth? To me it seems obvious that the ring is worth its retail price, $5000, not the $7000 you get if you add the setting and diamond certificate prices. What exactly is the purpose of the different value on the diamond certificate?
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