澳洲幸运5官方开奖结果体彩网

Guide to Buying a Diamond Ring at Costco

Whether it’s Tiffany or Costco, 💝here’s what you need to know

a woman's hands holding a diamond ring

solidcolours / Getty Images

Costco may not be the first store that comes to mind when you think about shopping for a diamond ring. But the sparkly jewelry c🌳ase often positioned near the wholesale club store entrance is enough to make many shoppers curious about the wisdom of buying fine jewelry there.

Here are some things you should know before you buy a diamond ring from Costco (COST)—or anywhere else.

Key Takeaways

  • Many big-box stores like Costo sell diamond jewelry.
  • Costco does not offer cleaning or repair services for its jewelry.
  • The most expensive ring as of February 2025 is $320,000, but there are much more affordable prices.
  • Unlike a store like Tiffany & Co., you cannot have a ring sized to fit, as they are premade items.

Understanding the 4Cs

Most jewelry retailers use the 澳洲幸运5官方开奖结果体彩网:Gemological Institute of Ame🦋rica (GIA) color, clarity, cut, and carat weight standards, also known as the 4Cs, to set stones’ prices. The rating for these characteristics determines the quality of a diamond. The cut is a matter of personal taste, but the quality oဣf the cut matters to its🐼 brilliance.

Clarity is a measure of the stone’s purity, with designations like VVS1, or very, very slightly included, and VS1, for very slightly included. Color is rated on a scale of D to Z, with D being the best, or colorless, quality.

Costco guarantees that the diamonds it sells are at least VS2 in clarity and grade I in color. Its diamond rings with a center stone that is 1.00-carat or larger come with a GIA Diamond Grading Report. Diamonds over one carat come with a gemological/jewelry report that can be used for an insurance appraisal of the fine jewelry investment.

Important

Shoppers who go to Tiffany & Co. don’t have to make sense of technical reports independ🗹ently.

Tiffany & Co. offers consultations during the shopping process with diamond experts in-store, by phone, or by email.

Diamond Price Ranges

A one-carat or more🌃 diamond ring can sell 🎉for anywhere between $3,500 and $40,000, depending on those 4Cs, the setting’s quality, and the retailer.

As of February 2025, the Costco website lists rings starting at $599.97 for a double-row band in 14k white gold with a 0.70-carat VS2 diamond. The priciest offering at this writing is a $319,999.99 ring set in platinum with a 1.54-carat pink diamond rated with VVS1 clarity.

For comparison, a solitaire diamond ring at Tiffany & Co. starts at $15,800, with many customizable options for size, color, and setting. Many of the rings displayed on its website are embellished with diamonds, often clustered with other stones.

Online diamond retailer Blue Nile Inc. sells loose diamonds and preset diamond rings and lists one-carat stones starting at $3,050. Blue Nile shoppers can choose from several setting styles for the diamond that they select at an additional cost. It uses the GIA rating system.

Customization and Service

Old-fashioned jewelry stores allow customers to customize their purchases. If you like a stone in one ring but the setting of another, many jewelers will make a custom version for you. Some even allow you to design your own ring and will work with you 🌠to produce a one-of-a-kind rin🥀g based on your description.

When you purchase a ring from a traditional jewe♎ler, you can generally take it back when it needs cleaning or repairs or even have a gemstone reset in a new piece of jewelry.

All Costco diamond rings are premade, and buyers don’t have the option to customize them. The specifications on the Costco website list ring sizes, but you will have to take your ring to a jeweler if you need to have it sized to fit.

Costco does not offer cleaning or repair🔯s for its jewelry.

Tiffany vs. Costco

In August 2017, a federal judge ruled Costco owed Tiffany at least $19.4 million in damages, lost sales, and interest for selling rings falsely advertised as Tiffany jewelry. The trial followed a 2015 verdict against Costco in the U.S. District Court in Manhattan. A jury determined the company was guilty of 澳洲幸运5官方开奖结果体彩网:trademark infringement for using Tiffany to describe rings in its jewelry cases. Costco had argued that Tiffany was a generic term used to describe a style of ring setting.

If nothing else, that notorious case suggests that a consu𒁏mer considering fine jewelry should know the basics before buying fꦛine jewelry.

What Is Costco?

Costco Wholesale Corp. is a 澳洲幸运5官方开奖结果体彩网:big-box retailer and a wholesale warehouse club operating 897 locations in North America, Asia, and Europe. It also has a major 澳洲幸运5官方开奖结果体彩网:ecommerce operation. The company’s warehouses offer low prices on a limited selection of both name-brand and private-label products, typically offered in bulk volumes.

What Is Tiffany & Co.?

澳洲幸运5官方开奖结果体彩网:Tiffany & Co. was founded by Charles Lewis Tiffany in New York City in 1837. It started as a stationery store and eventually expanded to a leading global design house with a reputation for innovative jewelry design and expert craftsmanship. The company offers necklaces, bracelets, earrings, rings, and watches, as well as a variety of home accessories and fragrances. It was acquired in 2021 by the French luxury conglomerate Moët Hennessy Louis Vuitton SE, referred to as LVMH or Louis Vuitton.

What Is Blue Nile?

Blue Nile is a prominent online retailer specializing in selling certified diamonds and fine jewelry. It allows customers to purchase engagement rings, wedding bands, and other jewelry pieces directly through its website, often at lower prices than traditional brick-and-mortar jewelers.

Is There a Best Time of Year to Buy Diamond Rings?

Most experts say the post-holiday season, particularly in January and February, is the best time of year to buy diamond rings. This is because demand is lower and retailers often offer sales to clear out leftover inventory from the busy holiday season. Other good times include around Presidents Day weekend in February, when further discounts may be available, and August, which is considered an off-peak month for engagement proposals.

The Bottom Line

Costco and many other big-box retailers sell diamond jewelry. Costco guarantees that the diamonds it sells are at least VS2 in clarity and grade Iౠ in color. While its most affordable diamond ring was about $600 as of February 2025, keep in mind that Costco does not offer cleaning or repair services for its jewelry and that you cannot have a ring sized to fit.

Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
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  10. U.S. District Court, Southern District of New York, via C🍸ourthouse News Service. “.”

  11. Costco Wholesale, Investor Relations. “.”

  12. Tiffany & Co. “.”

  13. Blue Nile. “.”

  14. Finegrown Diamonds. “.”

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