Learn from this couple's *$9 Million Dollar* diamond buying mistake...


Well, just today, my co worker shared a picture of the 1ct oval diamond engagement ring her son recently purchased for his soon to be fiance. She proudly informed me that he went to a diamond wholesaler and paid $10,000 cad but the diamond apparently appraised at 20,000 cad. It had a very prominent bow tie and was set in a simple platinum setting, I couldn't believe he paid as much as he did and that it had been valued at such an astronomical amount! Right now, on James Allen, a 1ct oval J colour IF clarity is about $4500 cad. Honestly, when I hear these types of stories I just shake my head - do I show her what I found?