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 EGL Cert

P:  4/19/2009 5:07:48 AM  
Laura27
Laura27

Rough Rock
Total Posts: 64
Last Post: 9/15/2009
Member Since: 4/18/2009
 
Well, I've been looking online at various sites and came across a diamond that sounds pretty good. But my only reservation is that it's EGL certified. I don't know much about this. Are certs from them reliable? Here's the diamond I was looking at. What are any drawbacks about this particular stone? Is this too good to be true?  Any thoughts?

Stock Number AB199771 
Certificate: EGL 
Shape:  Round
Cut:  Premium
Carat:  1.25
Color:  H
Clarity:  VS2
Regular Price:  $5364
Wire Transfer Price:  $5208
 
Diamond Proportions:
Measurements:  6.94-6.92-4.24 
Depth Percentage:  61.2 %
Table Percentage:  59 %
Girdle:  M
Culet:  None (Pointed)
Polish:  Excellent
Symmetry:  Excellent
Fluorescence:  None (Inert)
Special Notes:  Beautiful Cut

Posted:  4/19/2009 5:07:48 AM

 There are 6 replies to this message.  There are 6 replies on this page.

P: 4/19/2009 5:14:37 AM
Lorelei
Lorelei

Ideal Rock
Total Posts: 34,272
Last Post: 11/25/2009
Member Since: 4/30/2005
 
Date: 4/19/2009 5:07:48 AM
Author:Laura27
Well, I've been looking online at various sites and came across a diamond that sounds pretty good. But my only reservation is that it's EGL certified. I don't know much about this. Are certs from them reliable? Here's the diamond I was looking at. What are any drawbacks about this particular stone? Is this too good to be true? Any thoughts?

Stock Number AB199771
Certificate: EGL
Shape: Round
Cut: Premium
Carat: 1.25
Color: H
Clarity: VS2
Regular Price: $5364
Wire Transfer Price: $5208

Diamond Proportions:
Measurements: 6.94-6.92-4.24
Depth Percentage: 61.2 %
Table Percentage: 59 %
Girdle: M
Culet: None (Pointed)
Polish: Excellent
Symmetry: Excellent
Fluorescence: None (Inert)
Special Notes: Beautiful Cut

Hi Laura,

EGL are said to be soft on grading in some circumstances compared to the top two labs GIA and AGS.  It can also depend on which EGL lab with EGL USA said to be the strongest of the EGL labs, EGL Israel, Antwerp etc less so.  The best advice is if you find an EGL graded diamond you like, to make the sale final on an independant appraisal - and get this in writing.

Also do you have the crown and pavilion percentages or angles for this diamond please?  These are needed in order to get a better idea of how this diamond will look.  The table is a bit larger than many we see here but if you post the crown and pavilion then that will give us a better idea.









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- Stephanie M Thorn

Posted:  4/19/2009 5:14:37 AM
P: 4/19/2009 5:43:07 AM
Laura27
Laura27

Rough Rock
Total Posts: 64
Last Post: 9/15/2009
Member Since: 4/18/2009
 
Well crap, they don't have that cert available online yet so they'd have to e-mail it. But on the website they don't have those percentages listed. What kind of numbers should I be looking for as far as table is concerned. I don't know if you need this info but,  I'm in the preliminary stages of seraching and am looking for 1.00 to 1.25 ct but would sacrifice size for quality. A 1.00 ct should look substantial enough as I have about a size 5 finger, don't ya think?

Perhaps I should just exclude any EGL diamonds from my hunt. It seems like the prices are a bit lower so that made me wonder. But I guess with an appraisal and a 30 day return policy it really couldn't hurt to try?

Posted:  4/19/2009 5:43:07 AM
P: 4/19/2009 8:46:10 AM
moonlite
moonlite

Rough Rock
Total Posts: 17
Last Post: 4/19/2009
Member Since: 4/13/2009
 

I had bad experience with EGLUSA certified diamonds, one graded VVS1 and another VS1 came back as VS2 by the GIA. I've sticked with GIA or AGS ever since.

Posted:  4/19/2009 8:46:10 AM
P: 4/19/2009 8:49:46 AM
denverappraiser
denverappraiser

Ideal Rock
Total Posts: 4,618
Last Post: 11/25/2009
Member Since: 7/21/2004
 
You might find this thread an interesting read that goes to the topic of whether you should be relying sight unseen on EGL grading.

http://www.pricescope.com/idealbb/view.asp?topicID=112913

Neil Beaty
GG(GIA) ICGA(AGS) NAJA
Professional Appraisals in Denver

There's never a crowd when you go that extra mile.

Posted:  4/19/2009 8:49:46 AM
P: 4/19/2009 10:38:27 AM
Rockdiamond
Rockdiamond

Ideal Rock
Total Posts: 1,424
Last Post: 11/24/2009
Member Since: 1/7/2009
 
Laura,
If you were shopping for a $2500 1.25ct, the actual grade makes less of a difference.
On a $5000 1.25ct, one color shade error ( common on an EGL report) can mean hundreds of dollrs differnece in the price. On bigger stones the difference quicly escalates into the thousands....
On better quality stones, such as the one you seek, my advice is to stay away from EGL altogether.

David-
Diamonds by Lauren

Posted:  4/19/2009 10:38:27 AM
P: 4/20/2009 3:57:15 AM
Laura27
Laura27

Rough Rock
Total Posts: 64
Last Post: 9/15/2009
Member Since: 4/18/2009
 
Thanks so much for the advice! I thought that the prices on the EGL stones seemed a little lower than those with a GIA cert. And that definitely raised some concern. I guess it's better to be safe than sorry.

Posted:  4/20/2009 3:57:15 AM

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