FlyerTalk Forums - View Single Post - Buying an engagement ring in HK?

Sep 15, 2011 | 4:09 pm

#11

Braindrain

Join Date: Jun 2003

Location: YVR

Programs: AC E75, SPG Plat, HH peon-by-choice (ex Gold)

Posts: 8,090

Quote:

Originally Posted by beep88

Do know that diamonds and diamond rings are always heavily discounted off list or appraised value.

Quote:

Originally Posted by benzemalyonnais

I used to do a lot of jewelry shopping in HK until I realize that the chain stuff is all a lot cheaper in the USA.

Both very true comments. Buying your diamond at 50% of appraised is a minimum and often might go to 33% of appraised.

The OP's budget isn't "high end" so knowing the local market well before going to HK is a must. I'm not sure he'll find many better bargains in HK.

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