Are Spence Diamonds worth?
Are Spence Diamonds worth?
Spence Diamonds are extortionately priced for the quality. On average they come in around 40% more expensive than online competitors such as Whiteflash, Blue Nile and James Allen. Either way, when it comes to price, I find Spence Diamonds to be offering average to low quality diamonds with an enormous mark up.
What happened Spence Diamonds?
History. The company purchased three stores in Houston in 2009, but sold them and ceased U.S. operations in early 2011 before re-entering the American market a few years later. In April 2015, Lion Capital acquired Spence Diamonds in a $125 million deal.
Where do Spence Diamonds come from?
What you get are beautifully pure diamonds that are conflict-free and proudly crafted in the USA.
Can wedding rings be financed?
You do have the option of financing a ring with a loan arranged through your jeweler. Using loans to make major purchases and keep cash on hand can be a smart financial move, and in some cases, the loans offered by your jeweler may fit your needs.
Are Spence Diamonds GIA certified?
Despite their strong marketing campaigns, Spence’s reputation has not always been top notch. It seemed like Spence wouldn’t use proper certification, instead banking on their own personal reputation. Fortunately, that seems to have changed as we were only shown GIA certified diamonds on our visit.
Is James Allen reputable?
Is James Allen good? James Allen is a good online diamond retailer if you’re looking for value. It offers a large range of diamonds and settings at fair prices. All diamonds have 360-degree videos and are certified.
How much should I spend on an engagement ring?
General Rule: You should spend at least 2 months salary on the engagement ring. If, for example, you are making $60,000 per year, you should spend $10,000 on the engagement ring.
What is the difference between lab grown diamonds and natural diamonds?
Natural Diamonds have tiny amounts of nitrogen, while Lab Grown Diamonds have no nitrogen. Natural diamonds are created under the pressure of earth’s crust over millions of years, then they are mined, cut and polished. A Lab Grown Diamond is placed through the same circumstances, only in a lab setting.
What credit score is needed for a wedding ring?
Take financing with your jeweler When it’s best: A jeweler payment plan may be the right choice if you qualify for a low- or no-interest plan and can pay the ring off in full before the promotion ends. Qualifications: You need good or excellent credit (690 or higher FICO) to qualify for many store credit cards.
Why are lab diamonds so cheap?
Synthetic diamond prices are generally lower than natural diamonds, and the price of lab-created diamonds continues to drop (as much as 30% in a year). This is due to lab-grown diamonds not having any resale value and that the demand for lab-grown diamonds continues to decrease.
Where can I buy Spence Diamonds in Canada?
Spence Diamonds is one of the more well known retailers in Canada. Starting in Vancouver 30 years ago by Sean Jones and Doug Spence, Spence established a strong reputation in the BC area and grew to 9 stores. In 2009, Spence made a foray into the US market, but backed out fairly quickly.
How to get financing for a Spence Diamond?
1. Apply anywhere, anytime: Start the application online or in-store. To apply online, visit https://web.fairstone.ca/spencediamonds-ol. 2. Complete the application: Enter a few simple details so we can find the right financing option for you. 3. Finance your purchase: Visit us in-store to verify your ID and finance your purchase as soon as today.
Who are the owners of the Spence Diamonds?
Spence Diamonds is a Canadian retailer of diamond jewellery owned by the British firm Lion Capital. It was founded in Vancouver in 1978.
When was Spence Diamonds bought out by Lion Capital?
Starting in Vancouver 30 years ago by Sean Jones and Doug Spence, Spence established a strong reputation in the BC area and grew to 9 stores. In 2009, Spence made a foray into the US market, but backed out fairly quickly. A few years ago (back in 2015), Spence was bought out by Lion Capital.