Posts Tagged ‘buying an engagement ring online’

 

How to Find an Engagement Ring at an Online Auction

Sunday, July 4th, 2010

Buying an engagement ring at an online auction can be an intimidating process, but if you prepare yourself beforehand you can score amazing deals.

The key to finding the perfect ring for your bride-to-be at an online auction site is to educate yourself on the best methods of finding a ring and learning how to avoid scams and sellers that are less than reputable.

Step One: Research

Before you can begin browsing auction listings, it’s important to get an idea of the type of ring your bride-to-be prefers. The best way to do this is to visit local jewelers and compare various gemstones, accent stones, settings and metals to find the engagement ring design you prefer.

Keep her ring size handy as well, as this will also help you narrow your search and prevent you from having to wade through countless search results that aren’t for you.

Step 2: Finding a Ring

Once you know the type of engagement ring you’re looking for, you can begin searching on the auction site. Select the jewelry category, and type in your keywords based on what you are looking for.

Keep it simple, though; for example, “emerald cut diamond ring” or “white gold engagement ring,” will work, but if you are super specific you will end up missing out on a lot of beautiful choices or not find anything at all!

You can also vary your chosen keywords slightly to catch auctions that may have misspelled words or different phrasing. This is a great way to find engagement rings you would have missed otherwise!

Step 3: Check the Seller’s Reputation

Online auctions can be tricky, especially when there are people out there who only care about making a quick buck. To avoid potential problems or scams, check the seller’s reputation very carefully.

Read their existing feedback and seller rating, and if you can, try contacting previous buyers to get their impressions of their purchases.

The auction page should list the seller’s policies, including shipping costs, detailed information about the engagement ring, as well as a return policy and payment methods. They should also be willing to answer any questions you might have.

Bottom line: If your instincts tell you something seems off, it probably is.

Step 4: Investigate the Ring

Because you have to depend on photographs and descriptions to determine if the engagement ring you’re viewing at an online auction is the perfect choice for you, it can be tricky to determine if the ring is what it says it is.

Carefully read the item description and make sure all relevant information is included. If it’s not, ask! Also check prices on similar rings to make sure you are actually getting a deal and not overbidding.

You’ll also want to make sure there are several photographs of the ring included. Do not bid on an engagement ring listing without pictures! Pictures should be taken from every angle of the ring, and there should be a few close up shots to show detailing.

If you are worried about the authenticity of the ring, ask to see a certificate of sale or the original documents. If these aren’t available, ask if the seller will have it appraised and send the results to you. If you still can’t get anywhere, you just need to trust the seller’s feedback and reputation and hope you are getting the ring that is advertised.

While finding an engagement ring at an online auction might seem like a recipe for disaster, with the proper planning and research you can score a great deal on a unique ring that your bride-to-be will treasure for years to come.

To find my advice on how to find the perfect engagement rings, visit EngagementRings.org.

Online Jewelry Auction Scams to Watch Out For

Sunday, May 24th, 2009

While shopping for an engagement ring online can help cut costs, there are many online auction scams that can rob you of your hard earned money. The key to avoiding these problems is to learn about the types of scams to watch out for and how to avoid them.

 

Common Online Auction Scams

The convenience and sheer variety of things you can buy using an online auction make shopping for an engagement ring online much less of a hassle, but there are still those unscrupulous sellers who only care about making a quick buck. With that being said, watch out for these common online auction scams:

 

  1. Selling stolen goods
  2. Providing fake documents (like appraisals and certificates) to raise the cost of a ring
  3. Refusing to ship the ring after it has been bought and paid for
  4. Knowingly falsifying information about the ring, such as the condition of the stone, the type of metal, etc.
  5. Intentionally selling a ring as genuine when it is actually an imitation diamond or other gemstone
  6. Shipping an item that in no way matches the description or photographs of the ring you thought you were purchasing

 

While there’s no way to guarantee you will be able to avoid an illegitimate sale 100% of the time, there are warning signs to watch for and ways to protect yourself.

 

What to Watch For

If you take the time to do your research and carefully review information, you can avoid nearly any online auction scam that comes your way. If you notice any of the following warning signs, carefully verify the legitimacy of the ring you are interested in buying and the information the seller presents:

 

  1. Are there photos? If not, or they are unable to be viewed clearly, the seller may have something to hide about the condition of the ring
  2. Does the deal sound too good to be true? In most cases, if a ring is priced far below market value, there’s a good chance it’s not the real thing – or there’s something else fishy going on
  3. Are there a variety of payment options, or does the seller only accept cash? If you are unable to use the payment method you are most comfortable with, this may signal a problem
  4. Does the seller refuse to answer questions about the item? If so, it may not be legit
  5. Does the seller provide detailed information about the ring and gemstone? If not, you may want to consider purchasing the ring elsewhere

 

If any of these warning signs applies to the auction you’re looking at, you need to do your best to verify the legitimacy of the seller. Carefully review the feedback sent by other customers, especially paying attention to any negative remarks.

 

You’ll also need to read the auction carefully, making sure all of your questions about the quality and condition of the ring are met to your satisfaction. Pay attention to seller’s return policy and guarantee, if any. If there are no photographs, ask for them!

If possible, use a payment method that will protect you in the event of fraud. If the seller only accepts cash or money orders, do your business elsewhere. If you purchase a ring, consider having it appraised and make sure you are able to send the ring back if the appraisal doesn’t satisfy you.

While this information may scare you away from buying your engagement ring online, there are actually plenty of deals to be had from online auction sites. If you carefully research the seller and have your purchase appraised, you can save a lot of money on a beautiful engagement ring that’s worth every (honest) penny spent!