2.04 Ct. Princess Cut -Deal or No Deal?

Experts round here like to know pavillion and crown angles and heights.

I don''t know anything about pavilion or crown height. Anyone got an opinion on this diamond?

I don''t know the answer to your question, I wish I did, but you might be able to get more information from the GIA report. get the number so the experts here can help.

GIA #: 15592808

Still no input? Did I do something wrong with my post? I need guidance, because I really don''t know what I am doing.

I'm not a princess expert but I thought I would try to help you a little before you go out and buy an ugly princess cut.  I keep trying to do a search on princess cuts on here but it keeps giving me an error.  With that said, I do remember a website that may help you grade the princess cut.  Here it is:

http://www.gemappraisers.com/oldcutgraderules.asp

It seems like a pretty nice stone. 

you can do a search by cut above to see if you are in the right price range. 

what kind of inclusions does the diamond have?

The GIA Cert shows: Crystal, Cloud, Cavity, and Natural in the Key so I guess those are the inclusions. When look at it with the 10x loop it was hard for me to see, then again I had a hard time seeing the inclusions with most of the diamonds the guy was showing me.

The appriaser chart showed this cut as a 1B (Premium Cut) using the specs for the stone. Where can I go to see what a 2ct. F, SI 1 stone in this cut could be negotiated down to?  

Date: 11/1/2007 10:39:58 PM
Author: Sleepdeprived
The appriaser chart showed this cut as a 1B (Premium Cut) using the specs for the stone. Where can I go to see what a 2ct. F, SI 1 stone in this cut could be negotiated down to?

I don''t think there''s a location for that, but I think if you get it for $14,000 you would have gotten a very good deal.  Here''s a diamond with similar specs like yours:
 
http://www.jamesallen.com/diamonds/F-SI1-Ideal-Cut-Princess-Diamond-1067809.asp

Even a a premium cut, it''s around $15,000:

http://www.jamesallen.com/diamonds/F-SI1-Premium-Cut-Princess-Diamond-1097297.asp

Considering the markup in the diamond industry of 300-400%, so I have been told.... would the expectation of getting this stone for $12,000 be unreasonable/unrealistic, seeing how I will also be purchasing a $3500 designer setting from them to house the stone.  Not to mention, that such deviation in price would go a long way in developing a longtime customer fo that local jeweler.

Date: 11/1/2007 11:01:09 PM
Author: Sleepdeprived
Considering the markup in the diamond industry of 300-400%, so I have been told.... would the expectation of getting this stone for $12,000 be unreasonable/unrealistic, seeing how I will also be purchasing a $3500 designer setting from them to house the stone. Not to mention, that such deviation in price would go a long way in developing a longtime customer fo that local jeweler.

Maybe the inflated markup...but the margins are a LOT smaller than that generally, at least from dealer to consumer. I think I have heard more along the lines of 10% but don''t quote me on that. But 3-400% is in no way accurate...

Date: 11/1/2007 11:04:57 PM
Author: neatfreak

Date: 11/1/2007 11:01:09 PM
Author: Sleepdeprived
Considering the markup in the diamond industry of 300-400%, so I have been told.... would the expectation of getting this stone for $12,000 be unreasonable/unrealistic, seeing how I will also be purchasing a $3500 designer setting from them to house the stone. Not to mention, that such deviation in price would go a long way in developing a longtime customer fo that local jeweler.

Maybe the inflated markup...but the margins are a LOT smaller than that generally, at least from dealer to consumer. I think I have heard more along the lines of 10% but don''t quote me on that. But 3-400% is in no way accurate...

It is hard for me to believe that a jeweler''s cost on a diamond is 10% below the sales price. How could they stay in business? I really don''t know as my knowledge of this industry is rather limited. That is why I am relying on the good ol'' PS folks to lend the helping hand. So far you guys have been great. Don''t appraisers/jewelers help out with opinions in these forums.

I think I read on here once that it was 25%and up for a B&M but I could be wrong.  Certainely far away from 300-400% markup. 

Thank you for all of the replies thus far....anyone else want to weigh in on the question? I am certainly glad there is a community out there that can help with these big purchases!