AllieLuv83
Brilliant_Rock
- Joined
- Jan 22, 2007
- Messages
- 1,453
And really it can't be IMPOSSIBLE to find a nice looking EGL stone right?
Dreamer_D|1326742717|3104404 said:Allie I know EGL is tempting because of the price point but it really does not save you anything Vendors are savvy and they know where they should send a diamond.
Vendor has diamond X and needs to decide where to send it, GIA or EGL? He knows roughly what the diamonds' specs are in color and clarity and cut before he makes this choice, his experience allows him to "pregrade". And so he will send it to the lab that will get him the most money on the market. If he thinks the stone will get dinged by GIA at important cut points for value -- Good cut, color below J or K, Clarity below SI1 -- then he will send it to EGL. And even though EGL trades lower than GIA *for the same specs*, diamond X will still cost MORE with an EGL report than it would with a GIA report. Consumers don't know this and end up getting hosed. So the reason I do not recommend EGL is because as a consumer you cannot beat a diamond vendor at his own game. We cannot "adjust" EGL specs to find out what the stone would cost with a GIA report. But you should assume that a diamond with an EGL report simply costs more than its true comps with GIA or AGS reports. Why assume that? Because if the diamond would have cost more with a GIA report, the vendor would have sent it to GIA to begin with!
So, you want a larger RB, don't mine J color. I assume you also do not mind SI2 clarity? And you want as close to 1.5ct as you can get, right? What is your budget?
AllieLuv83|1326743331|3104410 said:I don't mind SI1 or SI2 as long as it is eye clean. I simply would not be able to touch GIA in my price point. Between $5500-$6500.
AllieLuv83|1326743585|3104415 said:And really it can't be IMPOSSIBLE to find a nice looking EGL stone right?
Christina...|1326746172|3104450 said:AllieLuv83|1326743331|3104410 said:I don't mind SI1 or SI2 as long as it is eye clean. I simply would not be able to touch GIA in my price point. Between $5500-$6500.
I think your still not understanding exactly what Dreamer is trying to say. Basically if you find a J SI2 EGL stone for $6000, then you can also find a K L I1 GIA stone for $6000. There is not going to be a difference between these two stones. The EGL is going to look exactly like the GIA but have softer grading on the report. Just because EGL says it's a J doesn't really make it a J. In the end your EGL stone is going to have less value than the GIA.
slg47|1326743961|3104419 said:Dreamer_D|1326742717|3104404 said:Allie I know EGL is tempting because of the price point but it really does not save you anything Vendors are savvy and they know where they should send a diamond.
Vendor has diamond X and needs to decide where to send it, GIA or EGL? He knows roughly what the diamonds' specs are in color and clarity and cut before he makes this choice, his experience allows him to "pregrade". And so he will send it to the lab that will get him the most money on the market. If he thinks the stone will get dinged by GIA at important cut points for value -- Good cut, color below J or K, Clarity below SI1 -- then he will send it to EGL. And even though EGL trades lower than GIA *for the same specs*, diamond X will still cost MORE with an EGL report than it would with a GIA report. Consumers don't know this and end up getting hosed. So the reason I do not recommend EGL is because as a consumer you cannot beat a diamond vendor at his own game. We cannot "adjust" EGL specs to find out what the stone would cost with a GIA report. But you should assume that a diamond with an EGL report simply costs more than its true comps with GIA or AGS reports. Why assume that? Because if the diamond would have cost more with a GIA report, the vendor would have sent it to GIA to begin with!
So, you want a larger RB, don't mine J color. I assume you also do not mind SI2 clarity? And you want as close to 1.5ct as you can get, right? What is your budget?
q...do low color stones usually get sent to EGL vs GIA? what if someone is looking for L/M/N/etc?
AllieLuv83|1326749703|3104509 said:P.S. I am having a really hard time communicating with this vendor. I understand they might be busy but what is an appropriate amount of time to answer an email?
shimmer|1326749426|3104504 said:Check out the last stone on this page. It has an EGL cert and GIA cert. EGL is I VS2 and GIA K SI1. I saw and EGL H last week that was slightly more tinted than a GIA J of the same size, so it would likely be a GIA K.
http://www.jewelsbyericagrace.com/loose_antique_and_estate_diamonds
AllieLuv83|1326749621|3104508 said:How does the HCA fit into this. I must have looked at like 20 reports today. Only 2-3 reports came up with HCA numbers below 1.5.
Sorry Allie! We weren't trying to discourage you, only help you make an informed decision and get the most from your hard earned money. You can certainly purchase any stone that you want, and who knows you may get lucky and this stone could be all that you wanted and more, it's just that experience here has shown otherwise. That said, people have been buying EGL stones at B&M's for years and are very happy with their purchases, so I guess it comes down to what is most important to you. I hope that you decide to come back to the thread when you've had time to refresh, it's amazing what PSers can find on a budget, and they truly enjoy the challenge. So all hope isn't lost, it's just like you said, a lot of looking and weeding out the bad.AllieLuv83|1326753203|3104569 said:Well I am done...my head is spinning. I am stepping away from looking for a diamond for now.
Yes, at the end of the day if you decide and EGL stone is the way to get what you want -- and goodness knows buying a diamond is not all dollars and cents, we do all sorts of things for "mind clean" reasons too -- then go into it with eyes open and find a good one for yourself!Christina...|1326756934|3104612 said:Sorry Allie! We weren't trying to discourage you, only help you make an informed decision and get the most from your hard earned money. You can certainly purchase any stone that you want, and who knows you may get lucky and this stone could be all that you wanted and more, it's just that experience here has shown otherwise. That said, people have been buying EGL stones at B&M's for years and are very happy with their purchases, so I guess it comes down to what is most important to you. I hope that you decide to come back to the thread when you've had time to refresh, it's amazing what PSers can find on a budget, and they truly enjoy the challenge. So all hope isn't lost, it's just like you said, a lot of looking and weeding out the bad.AllieLuv83|1326753203|3104569 said:Well I am done...my head is spinning. I am stepping away from looking for a diamond for now.
You might consider ebay or craigslist, and the pricescope preloved forum too, you can often times get a great deal on a pre loved stone!