Lana Baby Posted January 26, 2007 Share Posted January 26, 2007 I was cleaning the other day (honestly) and I found a generic jewerly box. I thought it was the box I had lost with my old earrings in it. To my surprise, wow...an engagement ring. I realized that it was boughten when we went to a close-out sale at a jewelry store (which means that any issues or returns CANNOT be made). I love the ring. It is a half carat, gorgous.... However, I noticed something odd when I was starting our taxes (I do both of our taxes). HE gave me the stack of reciepts. In it was the receipt for the ring. I think he didn't mean to. Now to the problem. ON the reciept, it stated the ring was worth 7,000.00. He paid about 1500.00 for it. That doesn't matter to me. But I know a lot about jewelry. That .5 karat is NOT worth 7k. A pricey version of the .5 would be worth the money he eventually paid for it. But it isn't the BEST quality. I don't know if I should tell him that he really did get ripped off. I love the ring, and I think the best idea would be to just not bring it up. But the ring is NOT worth 7k! There is no way! Any suggestions? Or do I just leave this alone. I love him and I know how much he is concerned about money. I know he spent a lot of time saving, and then we had this "opportunity" at this close out sale. I think he got ripped off and I"m concerned. What do you think? Link to post Share on other sites
norajane Posted January 28, 2007 Share Posted January 28, 2007 Regardless of whether the receipt says its worth $7k, he only PAID $1500. So, is the ring worth $1500? If it is, then he didn't overpay. Did the receipt say what quality it was? How do you know that it's not quality? Is the band platinum? That's also a lot more expensive than gold. How do you know that it's not worth $1500? That actually sounds about right for a half-carat of decent quality, especially if it's a platinum band. Link to post Share on other sites
bab Posted January 28, 2007 Share Posted January 28, 2007 I totally agree with Norajane. It is not very unusual for a company to say an item is worth more, but they are only going to charge you... If it's worth the $1500, I wouldn't worry. Besides, he can't return it, so there isn't anything to be gained from him knowing. Not to mention that you'd have to admit that you know about the ring. Let it go and get excited about the upcoming proposal. Link to post Share on other sites
pricillia Posted January 28, 2007 Share Posted January 28, 2007 ugh... some people are never happy and create thier drama... It is the thought that counts!!! Link to post Share on other sites
Touche Posted January 28, 2007 Share Posted January 28, 2007 Are you worried about the value they placed on it because the insurance on it (assuming it's been insured) is higher? Otherwise, I'm with the others. What difference does it make what value they placed on it since he only paid $1500 for it. I wouldn't say anything in this case. Nothing will be gained by it and you will take the wind out of his sails as far as the proposal goes. Link to post Share on other sites
magichands Posted January 28, 2007 Share Posted January 28, 2007 Marriage is a rip-off, so it's perfect symbolism, really. 7K represents "the expectations." Link to post Share on other sites
Lana Baby Posted January 29, 2007 Share Posted January 29, 2007 ugh... some people are never happy and create thier drama... It is the thought that counts!!! Wow, I see someone is a pessimist. This board is meant to be for those of us who want to discuss those things *we* deem able to be mentioned. That is not for you to decide. Your comment just rubbed me the wrong way. Don't assume I'm never happy. You dont' know me. I'm extremely happy, I'm just concerned about my sweety's finances, etc. I'm sure you are a lovely person, but that was a sour comment! Onto my question... It is about the insurance, I'm excited about the ring. It could have been a .0001 karat on a plastic bubble gum machine ring band. I don't care. But I sincerely don't want him to 'get hosed.' The main concern is for him to go to the insurance agency and put up an extra 7k of insurance. It's not cheap! I'm likely not going to be able to say anything anyways! I don't want to hurt his feelings. I just wanted other people's opinion on somethign I can't talk to my friends about. I don't want it getting back to him! For those that wonder, it is a 1/2 karat SI 1/2, H. Perhaps he paid 'normal' price, but was it fair to appraise it at 7k? Link to post Share on other sites
adnCat Posted January 31, 2007 Share Posted January 31, 2007 Okay, in my opinion, he might have overpaid a little. But don't say anything to him about it. He'll just feel bad. Pretend you never saw it and forget all about it. Link to post Share on other sites
magichands Posted January 31, 2007 Share Posted January 31, 2007 Pretend you never saw it Saw what? Ah! Priceless. Link to post Share on other sites
Grrlish Posted February 11, 2007 Share Posted February 11, 2007 Any suggestions? Or do I just leave this alone. I love him and I know how much he is concerned about money. I know he spent a lot of time saving, and then we had this "opportunity" at this close out sale. I think he got ripped off and I"m concerned. What do you think? Leave it alone. Don't start of your union by making him feel like you think he doesn't know what he's doing. You'll just make him feel like he did something stupid...maybe in more ways than one. Separately, I find it hard to believe that he would have accidentally given you the reciept for your engagement ring. Maybe he wants you to know (think) that he feels that you're "worth" an expensive ring but he was lucky enough to get it on sale. Leave it alone. He can't take it back anyway. Link to post Share on other sites
Walk Posted February 12, 2007 Share Posted February 12, 2007 Every time I've tried to get a ring insured they force me to take it for an appraisal. They won't insure (at least the companies I've been with won't) a ring for 7 grand if it really isn't worth that much. They're tight-wads. I wouldn't worry about what the receipt says it's "real" value is. I think if I were you I'd sneak off with the ring for a couple hours and have it appraised by someone legit, if it was really bugging me. But I wouldn't breath a word of it unless I was absolutely positive he had gotten burned badly by the purchase. If it was anywhere in the ball park though, then I wouldn't see it as an issue. Link to post Share on other sites
tanbark813 Posted February 12, 2007 Share Posted February 12, 2007 I agree with the other posters: Just let it go. If you bring it up, it will just look like you're ungrateful. If he's satisfied with his purchase and you love the ring then that's all that matters. Besides, he might already know that it's not worth $7K. Unless it's worth less than $1500, he didn't really get ripped off. Stores--and not just jewelry stores but others, clothing stores especially--inflate their non-sale prices a bit to make their sale prices look more attractive. Link to post Share on other sites
BruceT Posted April 24, 2007 Share Posted April 24, 2007 I was cleaning the other day (honestly) and I found a generic jewerly box. I thought it was the box I had lost with my old earrings in it. To my surprise, wow...an engagement ring. I realized that it was boughten when we went to a close-out sale at a jewelry store (which means that any issues or returns CANNOT be made). I love the ring. It is a half carat, gorgous.... However, I noticed something odd when I was starting our taxes (I do both of our taxes). HE gave me the stack of reciepts. In it was the receipt for the ring. I think he didn't mean to. Now to the problem. ON the reciept, it stated the ring was worth 7,000.00. He paid about 1500.00 for it. That doesn't matter to me. But I know a lot about jewelry. That .5 karat is NOT worth 7k. A pricey version of the .5 would be worth the money he eventually paid for it. But it isn't the BEST quality. I don't know if I should tell him that he really did get ripped off. I love the ring, and I think the best idea would be to just not bring it up. But the ring is NOT worth 7k! There is no way! Any suggestions? Or do I just leave this alone. I love him and I know how much he is concerned about money. I know he spent a lot of time saving, and then we had this "opportunity" at this close out sale. I think he got ripped off and I"m concerned. What do you think? Definately Don't tell him Let him enjoy the thought that he has bought the best that he can for you. As a man he NEEDS to feel that you are proud and happy with the ring (which you obviously are!) so just enjoy it as it is Link to post Share on other sites
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