As long as they’re certified by the Gemological Institute of America, Costco diamonds are of decent quality and offer a great value. It is possible to find a ring for half the price at other big-name jewelry stores. But compared to online retailers, they can’t match their selections, personalization, or service.
Is Costco diamond real?
At an exceptional value, members can get high quality jewelry at the warehouse club. Every diamond is inspected by a team of graduate gemologists to make sure it is in line with quality standards.
Are Costco engagement rings worth it?
There are fundamental drawbacks to the business model of COSTCO. With their lack of selection and lack of service, you should not buy diamond engagement rings from them. Buying a diamond from a top online dealer like James Allen or Blue Nile will save you a lot of money.
- For instance, if you were to buy a $2,000 ring from COSTCO, you would have to pay between $1,500-$2,000 in taxes and fees. On top of that, the ring would cost you about $300 at least. And if you want to have it engraved, the price can go up to $
- On the other hand, if you purchase a $1,500 ring from James Allen, you would only need to pay between $300-$400 in taxes and fees. The ring would cost you about $
- If you want to have it engraved, the price would be around $
Are Costco diamonds conflict free?
The quality and integrity of its diamonds are emphasized on its website by the fact that they are nearly flawless and conflict free.
They are also certified in accordance with the Kimberley Process, which verifies that diamonds are conflict-free. The company also has a partnership with the De Beers Group. In 2011, the De Beers Group announced that it would be introducing the GIA-certified Diamond Progress® Program, which includes the Diamond Progress™ Certification Program. The program is intended to provide consumers and retailers with a way to identify conflict-free diamonds.
Can you return diamond to Costco?
As of 2021, jewelry items such as rings, earrings, necklaces, and bracelets can be returned at any time after purchase at either store or online. To return gold and diamond jewelry that is more than one hundredth of an ounce, you must have the IGI and GIA paperwork with you.
And, to return diamonds, you must have a GIA certificate with you.
You must also be able to prove that you bought the diamond from Costco. If you bought the diamond from a private seller or a pawn shop, you cannot return it. You can also return your diamond jewelry if you bought it from a company that does not use a certified gemologist to inspect it.
If you have the diamond certificate, the return policy can be applied for online or in-store. If you bought your diamond jewelry online, you can get a full refund. But if you bought it in-store, you can get a partial refund.
