Wedding Ring Tips

Are tiffany diamonds worth it?

Tiffany & Co. has been producing high-end goods since its founding in 1837. Their jewellery and silverware have a long history of exquisite craftsmanship. However, the diamonds they produce are probably what they are best renowned for.

The diamond was always a part of Tiffany & Co.'s vision for the future. Everyone, from wealthy families to A-list celebrities to regular folks, has always coveted and continues to covet a Tiffany & Co. diamond. There are a number of things that set Tiffany's diamonds apart. To begin with, they put in a lot of effort from the ground up to create something of which they can be truly proud. Tiffany only buys from mines that are known to be environmentally and socially responsible, going above and above the requirements of the Kimberley Process. This company takes full accountability for all stages of production, from mining to cutting, polishing, grading, and setting. They plan to provide training and employment opportunities to people living in mining areas. According to Tiffany's official website, the vast majority (94%) of the polishers working in their Botswana studios are local residents.

Why Do Diamonds from Tiffany Cost So Much?

Tiffany diamonds have a reputation for being the most meticulously inspected and hand-picked stones available. They are constructed entirely of 925 sterling silver, which reflects light just like a diamond.

Tiffany diamonds, however, are about much more than just layers of crystals and metal. When you buy a Tiffany diamond, you're investing in the world's second-largest jewellery company, which has been around for roughly 180 years.

When it comes to a luxury label like Tiffany, reputation is everything. The presentation and execution must be flawless. It's crucial that the diamond crystal has optimal levels of sparkle and brightness. They go to great lengths to preserve the public's perception of the business. Saying “I do” at Vogue Ballroom is an elegant and luxurious affair.

This means that a sizable portion of Tiffany's resources go towards building brand recognition, establishing an impact on consumers, and cementing the company's place in the hearts and minds of the market. Their products epitomise all the aforementioned qualities, as well as wealth, sophistication, and exclusivity.

The thought of opening a tiny blue box containing a Tiffany engagement ring inside? If you're in the market for a diamond ring, you might be curious as to how much Tiffany engagement rings cost. In this article, we'll break down the price of a Tiffany engagement ring, the factors that contribute to its high price, and the best places to purchase a ring of this calibre.

How Much Do Tiffany Engagement Rings Typically Cost?

New Tiffany engagement rings can cost anywhere from $1,500 all the way up to far over $100,000 for the most elaborate designs. A Tiffany engagement ring's final price is determined by the size and quality of the centre stone, as well as the intricacy of the setting.

Since not everyone has the money for a new Tiffany engagement ring, it makes financial sense to look for previously worn Tiffany jewellery instead. Beautiful pre-owned Tiffany engagement rings are available for a fraction of the price of new ones. Used diamond rings that have been professionally cleaned and polished will sparkle like new. Here at Gemma by WP Diamonds, you can find a variety of gently used Tiffany engagement rings starting at just $125. In addition, we offer flexible monthly payment plans with our partner Affirm, bringing the total price of your engagement ring to a manageable sum.

Need to choose the perfect wedding band? Check out our list of Wedding Ring Shops in Melbourne here.

Why Are Tiffany engagement So Expensive?

Craftsmanship

Engagement rings from Tiffany are widely considered to be the best available. It may take Tiffany up to a year to make an engagement ring because of the high quality requirements Tiffany sets for itself. The company employs over 1,500 expert diamond cutters and grinders to ensure that each stone is cut and polished to perfection. The setting of each ring is designed specifically for the diamond it will hold, allowing the diamond's natural brilliance to shine through. Check out our post on How do you accessorize a wedding?

Gemstones

Tiffany engagement rings have a wide variety of gemstone selections, including diamonds, sapphires, and tanzanites. The finest gemstones available are used in their creations. Diamonds, for instance, always have an Excellent cut, and they never show any detectable fluorescence. Every engagement ring comes with either a Tiffany Diamond certificate or a GIA certificate attesting to its high quality. Both laboratories are highly regarded in the diamond industry for providing reliable diamond evaluations. Tiffany now includes the country of origin on the paperwork for their diamond engagement rings to demonstrate their commitment to sourcing gemstones from ethically and ecologically friendly sources.

Reputation:

Since the day it started, Tiffani & Co. has come to represent the highest levels of luxury, uniqueness, and workmanship in the industry. You're paying more than usual for a Tiffany piece not only because of the brand's reputation and the iconic little blue box, but also because of the superior design, materials, and workmanship that go into each and every piece.

Blue Box from Tiffany & Co.

For your new piece of Tiffany jewellery, we recommend the Tiffany Blue box, also called robin's egg blue or forget-me-not blue.

When Tiffany originally tried to trademark the shade of blue known as "Tiffany Blue" in 1998, they were the first corporation to be unsuccessful. The colour matching system Pantone even designated 1837 as the unique Pantone number for Tiffany Blue in honour of the year Tiffany & Co. was founded.

Colors are utilised as trademarks in the same market. That means that no other jewellers can use the same Tiffany Blue in their products, which is a shame. You may further personalise your Tiffany Blue ring box by imprinting initials, a name, or the date.

Tiffany and Co.

Excellence in both Product and Construction

How do you tell if the value you're receiving is commensurate with the cost?

To buy a diamond, you must first know the 4Cs: colour, cut, clarity, and carat weight buying an engagement ring.

The authenticity of a diamond can be verified through a report issued by the Gemological Institute of America (GIA). The diamond's carat weight and GIA cut, clarity, and colour grades, all in one convenient document.

Tiffany diamonds, on the other hand, come with a Tiffany Diamond Certificate provided by Tiffany & Co. that verifies the diamond's authenticity and quality. The Tiffany Diamond Certificate is accompanied by a lifetime warranty from Tiffany.

Commitment For A Lifetime

It's possible that our finger sizes will fluctuate throughout the course of our lives, particularly if we experience dramatic fluctuations in body mass. In order for the owner to be able to wear the ring, it must be resized.

The diamond could break loose from its setting and the ring could lose its lustre over time. You may restore your ring's original shine by cleaning and polishing it on a regular basis. To make sure the diamond is still securely set, you may need to adjust the prongs. You definitely don't want to find out that the diamond in your ring has fallen out.

Having a professional conduct the sizing, cleaning, and tightening for you is an investment. Famous jewellers like Tiffany & Co. provide this service to its customers free of charge for the rest of their lives. As a result, once you've bought an engagement ring from Tiffany & Co., you won't have to worry about ever having to pay again to have these things done for you.

Price Increases and Markdowns

Typical of Singapore, a location of this calibre would command exorbitant rates.

Tiffany & Co. can be found at Ion Orchard, a prominent building on Singapore's posh Orchard Road. There are six other Tiffany & Co. stores in Singapore, including ones at Changi Airport, Sentosa, Marina Bay Sands, and in addition to the one at Ion Orchard.

Tiffany & Co. has the financial freedom to invest in marketing, advertising, and branding since it is a worldwide powerhouse. Tiffany spent an enormous $319 million on advertising in 2017. This is 7.6% of the company's 2017 revenue.

On the other side, the rent that smaller, custom jewellers pay is far lower in places like regional shopping centres and industrial parks. They are too small to afford an equally massive advertising campaign. Many jewellers are able to pass these savings on to their customers at lower prices.

Dedication To Environmental Protection

Tiffany & Co. believes in protecting our planet for future generations. Most of their rough diamonds and metals come from well-known mines or are reclaimed from previous projects. Tiffany & Co. also considers it important to give back to the neighbourhoods where its stores are located. As part of this mission, they employ locals, pay them a living salary, and provide opportunities for professional growth in their workshops located in different parts of the world. Cutting and polishing diamonds in-house, Tiffany & Co. also manufactures the vast majority of their wares.

In addition to being concerned with the morality of where their diamonds come from, Tiffany & Co. also pays close attention to the materials used to craft their iconic Blue Boxes.

As a result of all these variables, it's not surprising that rings from Tiffany & Co. cost a pretty penny. Yet, the market is balanced, with merely supply and demand. Many shoppers nowadays are still interested in purchasing an engagement ring from a globally renowned luxury jeweller. Everyone would know it's a Tiffany & Co. ring the second you pull the distinctive blue box out of your pocket.

Planning to Propose? Visit Tiffany & Co.

Investing in fine jewellery from prestigious designers like Tiffany & Co. has its advantages. When you enter through the doors (which you won't even have to raise a finger to open), you'll be treated to first-rate hospitality. In addition to selling high-quality jewellery, several of these stores also provide unmatched after-sale care.

These high-end labels are well-known because of their extensive histories. This helps solidify the brand's image as a high-end jewellery retailer, assuring customers of the superiority of their wares and the reliability of the business.

Nonetheless, a ring from Tiffany & Co. is not cheap. It's not just the base price that's high; there are also rental, advertising, branding, certification, sustainability, and servicing fees to consider.

Although these features contribute to the high prices charged by Tiffany & Co., many other well-known jewellers provide equivalent value for a fraction of the cost.

Do you know any good substitutes for Tiffany & Co.?

Smaller, independent jewellers and those who specialise in custom designs are also common in this market, and they often provide better prices to customers.

Although it's commonly believed that only big-name brands can be relied upon when buying a diamond, many of these smaller jewellers actually offer diamonds that have the same GIA certification as their major rivals.Some of these specialised jewellers even offer no-cost alterations and polishing or resizing services, in addition to engraving. Laboratory-grown, synthetic diamonds have gained popularity in recent years. Crystal Market Research predicts that the global market for synthetic diamonds would increase from its 2014 level of about $15 billion to $28.6 billion by 2023. Even De Beers, the undisputed king of the diamond industry, is getting in on the act, releasing a line of jewellery featuring lab-grown diamonds under the Lightbox name.

It takes a trained eye to distinguish natural from manufactured diamonds, but the naked eye has a hard time telling the difference. These synthetic diamonds are not only becoming more readily available, but are also decreasing in price. Orro, Gordon Max, and IUIGA are just few of the shops in Singapore where you can now get these synthetic diamonds.

Will you be able to buy a Tiffany ring from a GIA-approved jeweller?

Moreover, Tiffany's in-house diamond grading system is second to none. The Tiffany Gemological Laboratory is their very own establishment in New York. They may take full responsibility for their scores because they are using their own lab rather than outsourcing them to an organisation like the Gemological Institute of America. The grading process at Tiffany is internal, with no outsourcing, in the same vein as the supply chain. They claim that their grading method is just as accurate as the GIA's, if not more so. To ensure the stone is exactly as described, the grade will be lowered if there is any uncertainty about how to classify it.

How much do you think Tiffany diamonds are worth?

In terms of Carat Weight, Color, Clarity, and Cut, their ratings are consistent with those of competing laboratories. Tiffany places a premium on cut quality, and only offers diamonds with Excellent Cut Grades for sale. In and of itself, this is one of the reasons why their diamonds are so valuable. They only sell the highest quality, thus there are no other cut grades to choose from. As an added bonus, they only sell stones that are I Color or whiter and exclude stones with intense fluorescence. Clouds, chips, extra facets, knots, laser drill holes, surface inclusions, and visible black inclusions are claimed to be among the flaws that prevent a diamond from being sold. They are quite particular about their gems and demand nothing but the finest. They brag that 99.96 percent of all diamonds mined are not suitable for use as jewellery. They're really particular about what they eat.

Legendary diamonds from Tiffany & Co.

Tiffany has fashioned a number of world-famous diamonds, many of which are suitable for engagement rings. The Tiffany Yellow Diamond is one of the world's largest known yellow diamonds. A South African mine called Kimberley claims to have discovered it in 1878. Charles Tiffany purchased the stone as rough at 287.42cts. He then had George Frederick Kunz, Tiffany's chief gemologist, examine the stone for over a year before sending it to Paris for cutting. Kunz was well-known not just for his work as Tiffany's gemologist but also for his role in developing and popularising the metric carat as a standard for measuring the weight of gemstones. The Tiffany Yellow remained 128.54cts after it was fashioned into an Antique Cushion. French jeweller Jean Schlumberger, known for his eccentric designs, put the stone in his signature "Bird on a Rock" mounting. Only Mrs. Sheldon Whitehouse, a Rhode Island socialite, and Audrey Hepburn, in a publicity photo for "Breakfast at Tiffany's," are known to have worn it.

Do you think a Tiffany diamond is worth the extra money because it comes from an ethical source, is certified by their in-house laboratory, and is sold by one of the most well-known jewellery retailers in the world? Some people might say that. For many, it's crucial that they know they'll be receiving a flawless diamond. Find the best of the best at Tiffany & Co. Do these diamonds come at a lower price anywhere else? Most probably. Many gem-quality diamonds can be found that were mined in a responsible manner. They lack the cachet of a Tiffany diamond, yet they are probably just as valuable as one. Another benefit of a GIA certificate is that it is often more valuable than a Tiffany certificate when it comes time to sell your diamond. Despite Tiffany's claims to the contrary, GIA is universally recognised as the gold standard in diamond gemological reporting.

Buying a diamond requires knowing what you hope to accomplish and if high-quality gems and expert craftsmanship are a part of that plan.

Remember that selecting and purchasing an engagement ring marks the beginning of the next chapter in your life. It's the first of many costs you'll have to incur before the big day itself.

Conclusion

Tiffany & Co. has been producing high-end goods since its founding in 1837. Their diamonds have a reputation for being the most meticulously inspected and hand-picked stones available. This company takes full accountability for all stages of production, from mining to cutting, polishing, grading, and setting. A Tiffany engagement ring's final price is determined by the size and quality of the centre stone, as well as the intricacy of the setting. Pre-owned Tiffany engagement rings are available for a fraction of the price of new ones.

Each engagement ring comes with either a Tiffany Diamond certificate or a GIA certificate attesting to its high quality. Tiffany & Co. has come to represent the highest levels of luxury, uniqueness, and workmanship in the industry. You're paying more than usual for a Tiffany piece because of the brand's reputation and the iconic little blue box. The Tiffany Diamond Certificate verifies the diamond's authenticity and quality and comes with a lifetime warranty. Tiffany & Co. has the financial freedom to invest in marketing, advertising, and branding since it is a worldwide powerhouse.

The rent that smaller, custom jewellers pay is far lower in places like regional shopping centres and industrial parks because they are too small to afford an equally massive advertising campaign. As part of this mission, they employ locals, pay them a living salary, and provide opportunities for professional growth. A ring from Tiffany & Co. is not cheap; there are rental, advertising, branding, certification, sustainability, and servicing fees to consider. Other well-known jewellers provide equivalent value for a fraction of the cost. Laboratory-grown, synthetic diamonds have gained popularity in recent years.

These synthetic diamonds are becoming more readily available, but are also decreasing in price. Tiffany & Co. grading process is internal, with no outsourcing, in the same vein as the supply chain. They only sell stones that are I Color or whiter and exclude stones with intense fluorescence. 99.96 percent of all diamonds mined are not suitable for use as jewellery. The Tiffany Yellow Diamond is one of the world's largest known yellow diamonds, weighing 287.42cts.

Many gem-quality diamonds can be found that were mined in a responsible manner. They lack the cachet of a Tiffany diamond, yet they are probably just as valuable as one. A GIA certificate is often more valuable than a Tiffany certificate when it comes time to sell your diamond.

Content Summary:

  • Tiffany & Co. has been producing high-end goods since its founding in 1837.
  • Their jewellery and silverware have a long history of exquisite craftsmanship.
  • However, the diamonds they produce are probably what they are best renowned for.
  • The diamond was always a part of Tiffany & Co.'s vision for the future.
  • Everyone, from wealthy families to A-list celebrities to regular folks, has always coveted and continues to covet a Tiffany & Co. diamond.
  • There are a number of things that set Tiffany's diamonds apart.
  • Tiffany only buys from mines that are known to be environmentally and socially responsible, going above and above the requirements of the Kimberley Process.
  • Tiffany diamonds have a reputation for being the most meticulously inspected and hand-picked stones available.
  • When you buy a Tiffany diamond, you're investing in the world's second-largest jewellery company, which has been around for roughly 180 years.
  • When it comes to a luxury label like Tiffany, reputation is everything.
  • They go to great lengths to preserve the public's perception of the business.
  • In this article, we'll break down the price of a Tiffany engagement ring, the factors that contribute to its high price, and the best places to purchase a ring of this calibre.
  • How much do Tiffany engagement rings typically cost?
  • Tiffany engagement rings can cost anywhere from $1,500 all the way up to far over $100,000 for the most elaborate designs.
  • A Tiffany engagement ring's final price is determined by the size and quality of the centre stone, as well as the intricacy of the setting.
  • Since not everyone has the money for a new Tiffany engagement ring, it makes financial sense to look for previously worn Tiffany jewellery instead.
  • Beautiful pre-owned Tiffany engagement rings are available for a fraction of the price of new ones.
  • Need to choose the perfect wedding band?
  • Engagement rings from Tiffany are widely considered to be the best available.
  • Every engagement ring comes with either a Tiffany Diamond certificate or a GIA certificate attesting to its high quality.
  • You're paying more than usual for a Tiffany piece not only because of the brand's reputation and the iconic little blue box, but also because of the superior design, materials, and workmanship that go into each and every piece.
  • For your new piece of Tiffany jewellery, we recommend the Tiffany Blue box, also called robin's egg blue or forget-me-not blue.
  • You may further personalise your Tiffany Blue ring box by imprinting initials, a name, or the date.
  • To buy a diamond, you must first know the 4Cs: colour, cut, clarity, and carat weight buying an engagement ring.
  • Tiffany diamonds, on the other hand, come with a Tiffany Diamond Certificate provided by Tiffany & Co. that verifies the diamond's authenticity and quality.
  • The Tiffany Diamond Certificate is accompanied by a lifetime warranty from Tiffany.
  • Having a professional conduct the sizing, cleaning, and tightening for you is an investment.
  • Famous jewellers like Tiffany & Co. provide this service to its customers free of charge for the rest of their lives.
  • Tiffany & Co. can be found at Ion Orchard, a prominent building on Singapore's posh Orchard Road.
  • Tiffany & Co. has the financial freedom to invest in marketing, advertising, and branding since it is a worldwide powerhouse.
  • Tiffany spent an enormous $319 million on advertising in 2017.
  • Dedication To Environmental Protection Tiffany & Co. believes in protecting our planet for future generations.
  • Tiffany & Co. also considers it important to give back to the neighbourhoods where its stores are located.
  • Cutting and polishing diamonds in-house, Tiffany & Co. also manufactures the vast majority of their wares.
  • In addition to being concerned with the morality of where their diamonds come from, Tiffany & Co. also pays close attention to the materials used to craft their iconic Blue Boxes.
  • As a result of all these variables, it's not surprising that rings from Tiffany & Co. cost a pretty penny.
  • Visit Tiffany & Co. Investing in fine jewellery from prestigious designers like Tiffany & Co. has its advantages.
  • In addition to selling high-quality jewellery, several of these stores also provide unmatched after-sale care.
  • Nonetheless, a ring from Tiffany & Co. is not cheap.
  • Although these features contribute to the high prices charged by Tiffany & Co., many other well-known jewellers provide equivalent value for a fraction of the cost.
  • Do you know any good substitutes for Tiffany & Co.?
  • Laboratory-grown, synthetic diamonds have gained popularity in recent years.
  • Crystal Market Research predicts that the global market for synthetic diamonds would increase from its 2014 level of about $15 billion to $28.6 billion by 2023.
  • Even De Beers, the undisputed king of the diamond industry, is getting in on the act, releasing a line of jewellery featuring lab-grown diamonds under the Lightbox name.
  • These synthetic diamonds are not only becoming more readily available, but are also decreasing in price.
  • The grading process at Tiffany is internal, with no outsourcing, in the same vein as the supply chain.
  • They claim that their grading method is just as accurate as the GIA's, if not more so.
  • How much do you think Tiffany diamonds are worth?
  • Tiffany places a premium on cut quality, and only offers diamonds with Excellent Cut Grades for sale.
  • In and of itself, this is one of the reasons why their diamonds are so valuable.
  • They brag that 99.96 percent of all diamonds mined are not suitable for use as jewellery.
  • Tiffany has fashioned a number of world-famous diamonds, many of which are suitable for engagement rings.
  • The Tiffany Yellow Diamond is one of the world's largest known yellow diamonds.
  • Kunz was well-known not just for his work as Tiffany's gemologist but also for his role in developing and popularising the metric carat as a standard for measuring the weight of gemstones.
  • Only Mrs. Sheldon Whitehouse, a Rhode Island socialite, and Audrey Hepburn, in a publicity photo for "Breakfast at Tiffany's," are known to have worn it.
  • Do you think a Tiffany diamond is worth the extra money because it comes from an ethical source, is certified by their in-house laboratory, and is sold by one of the most well-known jewellery retailers in the world?
  • For many, it's crucial that they know they'll be receiving a flawless diamond.
  • Do these diamonds come at a lower price anywhere else?
  • Many gem-quality diamonds can be found that were mined in a responsible manner.
  • They lack the cachet of a Tiffany diamond, yet they are probably just as valuable as one.
  • Another benefit of a GIA certificate is that it is often more valuable than a Tiffany certificate when it comes time to sell your diamond.
  • Despite Tiffany's claims to the contrary, GIA is universally recognised as the gold standard in diamond gemological reporting.
  • Buying a diamond requires knowing what you hope to accomplish and if high-quality gems and expert craftsmanship are a part of that plan.
  • Remember that selecting and purchasing an engagement ring marks the beginning of the next chapter in your life.

Wedding Ring Tips

FAQs About Diamonds

Diamonds have always been prized for their physical durability, unparalleled radiance, and substantial symbolic significance. Due to their extremely hard composition (almost 100 percent carbon atoms), diamonds are scratched only by other diamonds.

There aren't too many things you can find in nature that can withstand more pressure than a diamond, but some man-made metals, including tungsten and steel, are stronger. That means a diamond can be shattered with the strike of a common hammer.

Diamonds are so hard that only other diamonds can scratch them. On the other hand, talc, a common mineral, registers as a 1. It was easily scratched by anything hard, including a fingernail. One of the smoothest minerals available is natural talc.

Diamond is the only pure gem, often consisting of around 99.95% carbon. Atoms that aren't crucial to the diamond's core chemistry can make up the remaining 0.05 percent. The colour or crystal structure may be affected by trace elements.

As mines reach the end of their useful lifespan, production of diamonds declines along with them. Diamonds are expensive because they are difficult to mine, only a small number of high-quality stones are ever mined, and consumers all around the world covet them. It all comes down to supply and demand.

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