M
Mrgtbad...I'm sorry to say it's you who does not seem to know what you're talking about. I did some research into this ring you allegedly saw for €19,000. First of all, I'm going to assume it was a round diamond solitare, i.e. the most expensive type. It may not have been, but that would just reinforce my argument further. Pricing that stone on www.diamondland.be which is a good guideline a 2ct H Si round diamond goes for around US$16,356. That's €11,518 at today's exchange rate of 1.42 (the actual physical rate you'd get in the bank, not the headline rate) Now as previously described in other threads, many jewellers in Antwerp will waive the VAT element if you pay them in cash. That is entirely a matter for you and for them. If you do this, the price becomes €9,519. Also, as mentioned in other threads the gold ring/setting is complementary. From this example, you can see that the person buying this ring you saw in Wicklow Street would be paying 100% more than the person buying the same ring with the same specifications in Antwerp. I think it's fair to say that it doesn't really matter whether the flight you might have to take to Antwerp is €80 or €250 when you look at it like this!
Mrgtbad...why have you resurrected this thread? Everyone believes you have a vested interest in turning people off buying diamonds abroad. Your manipulation of figures is bizarre. Including the VAT still leads to massive savings. On this forum you've tens of people delighted with what they got...and then you who is vehemently opposed to the whole process. Again, I say I saved a 5 figure sum by purchasing in Antwerp...phenomenal stuff.
hi Yeagermrgtbad - i would like to correct you on point 3 above, I purchased from Harrold Phillip (no affiliation other than a very very satisifed customer) earlier this year in cash saving on the tax and I did receive a receipt, international diamond cert etc.
For the record i was organised and booked my flights a few weeks in advance and got them cheaper than 80 quid each with Aerlingus to Brussels.
Anyone thats serious about buying >1 carat diamond, D-E colour would be foolish to purchase in Dublin/Ireland. I did months of research on this...........prices down the country were high but Dublins were just plain and simply a rip off.
mrgtbad, Although I try and support the local trade, there are real bargains overseas. The truth is that the Dublin jewelers and those in the trade simply do not want to 'trade'. In the past week I have spoken with a some persons I know in the trade and they themselves are telling me head away if I want to purchase top quality over 2 cts diamonds. You must remember it's not the buyers that are evading the Tax - it is a sellers problem. Simply there is no point in trying to keep the Ireland flag flying when we are living in a much bigger market. And the locals won't thank you whilst making a fool of yourself. I purchase quite a bit of jewelry and I will be travelling hereonin.
I insured my other halves New York engagement ring when we got back very easily.
Just got a written valuation specifying the diamond type and size as well as its value to replace in Ireland.
This was no problem to the valuer who seemed to be very genuine and is established in the area for 30 years.
He was extremely impressed with the value for money we got and confirmed we could not have got a similar diamond for anywhere near that price in Ireland ( Was worth several multiples of the purchase price ).
Also the price included NY taxes.
You have done the exact same for the jewelry business in Ireland as Hitler did for the German tourist market.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?