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My son brought home the catalog and order form for class rings. I was pretty surprised because I didn't expect it this year. He is in 9th grade. I think I got mine in 10th or 11th...so anyway, I am just amazed at the prices. I guess I'm old because my ring cost 100.00 dollars and it was 10kt. The average ring now is 300 and its not even real. To get into the 10kt or 14kt, we are looking at 600+. They even offer platinum rings for a 1,000 dollars. The kids can design the ring online and after my son designed his it came up with some ridiculous price of 635. Nada. They do have a budget ring for 79 but you can not add anything personal to it. I don't know about anyone else but I wore mine for a little while and it ended up in a drawer and I certainly didn't wear it after high school. I don't want to be a buzz kill but I think its pretty silly to spend that kind of money. So I called up my friend because her son just made it through high school last year. She told me she paid 450 for her son's ring. She seemed surprised I was not wanting to spend the money. Wow, I guess I'm a cheap skate.
At least the kid will wear the thing for a few years if he buys it as a sophomore. I'd tell him how much you are willing to pay, and let him earn the rest if he wants a certain ring so badly. He'll stop wearing it within a year after graduation anyway.
We bought our rings as seniors. I don't think I wore mine more than a few months. Total waste of money.
When I bought mine, it was 14K gold and I think gold was $32 a ounce. I don't remember how much I paid for it, but it is very most likely worth more now than it was when I bought it, just for the gold content. That still doesn't make it a good purchase.
I've got gold jewelry that I bought long ago that I like and wear, and that stuff is worth a lot more than I paid for it because of rising gold prices. Because I wear it, that was a much better investment.
When I bought mine, it was 14K gold and I think gold was $32 a ounce. I don't remember how much I paid for it, but it is very most likely worth more now than it was when I bought it, just for the gold content. That still doesn't make it a good purchase.
I've got gold jewelry that I bought long ago that I like and wear, and that stuff is worth a lot more than I paid for it because of rising gold prices. Because I wear it, that was a much better investment.
Mine sits on my 'shelf of life' in a nice case. hasn't been on my finger since high school, some 26 years ago, and actually if it goes on my finger now, it isn't coming off.
As I recall.. It was in the mid-to-high $300 range. This ring is a chunk of ring and I got the 10k one.
My sister graduated high school about 6 years ago (Yes, do the math there) and she paid something over $400 for something about the width of a keyring.
I'm dreading a few years from now.. I promised both my nephews when they started school that I'd buy their class rings if they made it all the way through and didn't fail a grade.
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