Is this true or do they want more money out of me? [UK BASED]

[PapaSB]

A quick note to you all . . .

https://www.pricescope.com/community/threads/thank-you-uk-buyer.81561/

 

[smitcompton]

Hi Paul A.
Just a comment on the exchange rate comments that you made- dismissing any real difference regarding diamonds. Diamonds may be priced in USD, just as oil is priced in USD. In the Uk, due to a variety of factors(one being taxes on Petrol) the conversion of UK petrol prices into USD means UK consumers pay $9.00 a gallon vs $ 3.30 for US consumers. The same holds true for diamonds. Real Estate is much more expensive there and the tradition may be that gems are more expensive there.
Now we come to the value of the British pound vs the US dollar. When evaluating currencies you look at the purchasing power of a particular currency. The UK currency is very strong aat this time and Tiffany just reported its earnings today and said that Europeons were coming to the US to buy from them although they have a store in London. The pound''s purchasing power is at an all time high vs the US dollar. You actually can buy things cheaper here than in the UK- real estate as well.
They are two separate issues. I commend those who found the best value for their currency. You did very well.
Thanks,
Annette








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[PapaSB]

Over 4''000 USD difference for the same quality stone, and you get the special ability to pick your own stone, get the ring hand made, in a setting that you pick.

Its so special, very personal, and fantastic when it all comes together.

I was so pleased, as my fiancé (

) the poor UK public who don''t know.

I really really am so happy at the moment

 

[QD Rocks]

Hi Annette

I am sorry you are incorrect, VAT is at the same rate 17.5% and this payable when overseas purchases are made and the Goods enter
the UK.

People may buy in the USA and not declare it as the enter back the the UK.

Kind Regards

Paul