Hi All, if its not too much of an impostition, I have some diamond questions for y’all.
For the first time in my life, I am looking to buy a diamond (for an engagement ring, woohoo!). I must say that it seems very overwhelming. I know that she likes ovals of decent buy not huge size (1.4 to 1.6 carat). I, also, know that she likes sparkly bits on the side.
I have managed to locate online a setting which I think will be perfect. http://www.coastdiamond.com/collection.asp?SectionID=114&CatID=118 I want to use this setting or something very close and set a slightly larger center stone in it. I went to a local B&M where they we very friendly and accommodating and agreed to quote me a price for both the setting and a center stone. They called me the other day with a quote of about $5500 for the setting in platinum which I am in no real position to evaluate but sounded in the ballpark that I had heard from some other retailers.
The quotes that they offered for center stones, however, really set me back. They quoted me a 1.5 carat oval, SI1, F, for around $13,000. I had looked at Pricescope and saw many with similar descriptors going for $8,000 to $10,000 which is, to me anyway, significantly less. I realize that I have not mentioned what seems to be the most important factor, cut, but therein lies most of my confusion.
I have I guess several questions. Firstly, is cut (particularly for an oval) simply something that can be determined empirically via some set of measurements or diagnostic test? If not, what should I be looking for? Second, for those of you who have had experience with online dealers, how does one choose sight unseen? (What I think I would like to do is have a whole bunch of diamonds in front of me and just pick one, but maybe I just thinking wishfully that that would be simple). Along the same lines, at least on of the B&M I have talked with argued that the GIA and similar certs were woefully bad in that they varied wildly.
I have dug through much of the information available on this site and others, but any help or direction will be appreciated. Thank you.
-Richard