MS
Monique S

1 reviews | Active since May 2023

13 Aug 2024, 12:17

This is a disgracea

My fiance took a 14 karat white gold ring with a 0.51 beautiful round cut diamond and lots of other small diamonds in it to them, just for them to tell him they don't take the gold they only take the diamond and gave him R4500 for a ring that cost R52 000

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Replies (1)
Gold Capital
Gold Capital's reply13 Aug 2024, 13:40
Official
Dear Monique,

We appreciate you taking the time to share your feedback, and we apologize for any miscommunication that may have occurred. We understand your disappointment with the valuation provided for your ring and we would like to clarify our process.

Our valuation of the ring is based on a thorough assessment of the diamond's specifications including its proportions, color, and clarity. Unfortunately, the diamond's characteristics were not within the range of excellence, necessitating a recut to approximately 0.45ct to reach its optimal value.

Additionally, the retail value of the entire ring, factoring in the gold setting and other smaller diamonds, would be around R30,000 as opposed to the R52,000 you mentioned. It's also important to note that retail prices often include markups of around 200%.

We understand your frustration and we regret that we were unable to address your concerns over the phone. Please know that we are committed to providing transparency and fairness in our valuation process. We would be happy to further discuss the details with you if you would like.

Thank you for bringing this to our attention, and we hope for the opportunity to improve your experience in the future.

Warm regards,
Customer Service 
Gold Capital -Sue