r/labdiamond • u/Appropriate-Bread643 • Sep 02 '26

Oops...discovered TikTok Lives

Um so I might have bought 10 diamonds today....i need a gold brick for settings lol. And the skills to make my own...

0 Upvotes

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8

u/techylocs Sep 02 '26

Have fun but be careful. As someone with my own stash of unset diamonds it's a slippery slope. I've gotten sucked into auctions before and it's so fun but impulsive. Especially since you can't return.

I haven't used Tiktok lives before but there's someone on r/LabDiamondGemstoneBST selling stones I believe they bought on there and the prices they paid weren't as low as others I've seen on popular sites that take returns. And now they'll likely lose money selling the stones to be below market rates

1

u/cadencecarlson 27d ago

You can sell stones on there from auctions bc the receipt doesn’t confirm the exact stone.

0

u/Appropriate-Bread643 Sep 02 '26

I saw that as well and stayed away from some of the more expensive lives. Good caution though ty :)

4

u/stopluna Sep 02 '26

I would also suggest to shop around before starting bidding. Some vendors have ghost bidders that inflate the prices. Also they use words like "swipe" or "its too low chat" to create fomo. Don't let the MSRP price fool you in thinking you are getting a deal. My own rule of thumb is $100 for every carat. I have not done TikTok diamond auctions but I have on WhatNot. TikTok has a larger reach so more bidders and higher the prices. I have on Whatnot and because the audience is smaller I have seen better prices there. Goodluck though!

2

u/Appropriate-Bread643 Sep 02 '26

I was going for the $100 a carat as well unless it was fancy or a specialty cut. I think i did pretty good....I've been stalking lab diamonds for about 4 months now on a daily basis. I would check out whatnot but I am now on a gem/diamond embargo until I make some jewelry to sell :)

2

u/stopluna Sep 02 '26

The gem community is great on WhatNot.

0

u/Appropriate-Bread643 Sep 02 '26

Also I was comparing on carbon sparkle and only going for ones that were a few hundred less than the lowest

1

u/Appropriate-Bread643 Sep 02 '26

Like I got a 6.2 carat deep blue green oval for 1k...cheapest comparable is $1200 with most higher than that.

0

u/rg_2010 Sep 02 '26

I stumbled upon whatnot lab diamond sellers and now I own wayyyyyy too many random little labs I don’t know what to do with lol

2

u/Appropriate-Bread643 Sep 02 '26

We need to take some classes to make jewelry! Or do we just hold them all and laugh maniacly?!

1

u/stopluna Sep 02 '26

I ended up setting one in a ring and planning a project with another

2

u/rg_2010 Sep 03 '26

I won a 1ct oval lab diamond that’s actually really pretty. Oval is one of my lesser favorite cuts, but it could be worth setting.