Fashion & Apparel

Are Costco Jewellery safe from counterfeiting?

  • Last Updated:
  • Aug 16th, 2017 4:15 pm
[OP]
Sr. Member
Jan 30, 2013
507 posts
53 upvotes
RICHMOND HILL

Are Costco Jewellery safe from counterfeiting?

https://ca.yahoo.com/finance/news/costc ... 32337.html

the last fresh water pearl necklace I looked at there are too slippery and smooth so I returned it after inspecting it right there and then!

Do they give out GIA certificates for their diamond rings?Too bad they are all one size too(you have to size it yourself)
6 replies
Deal Guru
User avatar
Mar 14, 2005
11663 posts
1665 upvotes
City of Vancouver
Ask them
De gustibus non est disputandum
"Crazy people will make even sane people crazy."-- Becks
"Never impose on others what you would not choose for yourself."-- Confucius
Deal Addict
May 18, 2009
4339 posts
647 upvotes
Toronto
Not "fake" per se. Just misleading and trademark infringement. Was costco selling them at Tiff & co. prices?
Deal Fanatic
Aug 29, 2006
7241 posts
1216 upvotes
OP, this is what happens when people only read the head lines and get themselves confused.

They used "Tiffany" in the item tag only, and the word was referring a ring setting which is becoming a generic and common term for the type in the industry anyways.

This is not unlike if they mislabelled a tag for a "Xerox Machine" when they are selling a Canon copier or "Kleenex" when they are selling Kirkland brand. Shouldn't happen but it doesn't automatically make them a counterfeit seller.

The shame is, Tiffany was success to get money out of it and getting people like OP to falling into their trap and start questioning Costco's products since they are a competitor for jewelry sale.

Lastly, a simple dig on their site shows the following on each of their ring listing:
This item comes with a Summation of Appraisal certificate from the International Gemological Institute (IGI).
The Devil made me buy it - RFD. :twisted:
Deal Guru
User avatar
Mar 14, 2005
11663 posts
1665 upvotes
City of Vancouver
http://globalnews.ca/news/3669444/costc ... s-lawsuit/

NEW YORK – A federal judge on Monday said Tiffany & Co may recover at least $19.4 million in damages from Costco Wholesale Corp over the warehouse club chain’s illegal sale of counterfeit diamond engagement rings bearing the “Tiffany” name.

U.S. District Judge Laura Taylor Swain said Tiffany deserves $11.1 million, plus interest, representing triple the lost profit from Costco‘s trademark infringement, plus the $8.25 million in punitive damages awarded by a jury last October...
De gustibus non est disputandum
"Crazy people will make even sane people crazy."-- Becks
"Never impose on others what you would not choose for yourself."-- Confucius
[OP]
Sr. Member
Jan 30, 2013
507 posts
53 upvotes
RICHMOND HILL
hdom wrote:
Aug 16th, 2017 1:26 am
OP, this is what happens when people only read the head lines and get themselves confused.

They used "Tiffany" in the item tag only, and the word was referring a ring setting which is becoming a generic and common term for the type in the industry anyways.

This is not unlike if they mislabelled a tag for a "Xerox Machine" when they are selling a Canon copier or "Kleenex" when they are selling Kirkland brand. Shouldn't happen but it doesn't automatically make them a counterfeit seller.

The shame is, Tiffany was success to get money out of it and getting people like OP to falling into their trap and start questioning Costco's products since they are a competitor for jewelry sale.

Lastly, a simple dig on their site shows the following on each of their ring listing:
wow,I am relieved.

https://www.diamonds.pro/education/igi/

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