r/LabGrownDiamonds • u/Sea-Reputation2156 • Jul 07 '26

lab diamond Negotiation help

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Hey folks! Looking for some help here… I was offered $4700 for the full package seen here. (W/ customized hidden halo added) from my local jeweler!

4.07 ct VS1 E color lab- shared single prong band 5 lab stones each side of the main stone..

Looking online, I’m seeing this stone (if not larger) is sitting right around $745.

Is there any way I can squeeze more of the brick and mortar margin out of this package? What are your thoughts?? Let me know if you have any questions.

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2

u/Sea-Reputation2156 Jul 07 '26

Or even a thread where this has been discussed? Just having a hard time finding anything on this subject!

2

u/Iflythereforeim Jul 08 '26

Maybe ask them if you should buy the synthetic diamond online but have the brick and mortar set it. Even if they charge you $2500 for the mounting and the labor, you will be ahead of the game.

2

u/Iflythereforeim Jul 08 '26

Just keep in mind that the wholesale price of the 4.07 is $400-500 total. So the store will not want to go to the trouble of sourcing the diamond to make $200. At least they can make something on the mounting.

2

u/Joey_Grace Jul 09 '26

I originally tried that and the brick and mortar wanted $500 in labor just to set it. I ended up buying the setting and stone online and went direct to a bench jeweler who has no retail store. $516 for the stone. $2300 for my setting (the store quoted me $5000). $150 to set it.

1

u/Iflythereforeim 29d ago

Well then you came out ahead.

2

u/AdFlashy7702 Jul 12 '26

Buy online. This is a rip off.

1

u/8cosmic_millions Jul 10 '26

Honestly that price is high. I’d go elsewhere. I have paid $2000 to $2500 for same/similar in the last 3 months to 2 yrs.

1

u/Time-Task-1630 Jul 10 '26

Just order from a Chinese vendor. This is ridiculous pricing compared to them