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 » Home »  » Diamond Prices and Grading »  » RockyTalky »  » From $75,000.00 to $34,000.00 (Deal or NOT) Bailey Banks and Biddle Closing


  

 From $75,000.00 to $34,000.00 (Deal or NOT) Bailey Banks and Biddle Closing

P:  10/24/2009 9:40:29 PM  
Mami
Mami

Rough Rock
Total Posts: 2
Last Post: 10/24/2009
Member Since: 10/24/2009
 
Hello Pricescopers,

I was married Tuesday to the most wonderful man in the entire world. After five years I know all his bad habits and all his weird quirks....... so I can truly say, he is wonderful. 

We had the most gorgeous rings made and I had a diamond in the ring but took it back because its color was extremely flat (wow factor wise)  and didn't sparkle in certain lights.  My husband is ready for me to have a diamond instead of a cz in my setting. 

Today we went to Bailey, Banks and Biddle who is closing their doors.  They had a ring (stone) that I am extremely interested in, but need to make sure it will not flatten out in light like my last diamond.

Here are all the specs, I hope ya'll will be able to give me the hardcore facts.


GIA certified and inscribed (following info from that certificate)
It is a 3.00 (exactly) carat diamond. 
G- color
VS1- clarity
Cut Grade Good
Measurements are 9.07, 9.17, 5.72
Table- 59.0%
Depth-62.7%
Crown-32.5 degrees
Pavilion-41.8 degrees
Girdle-medium to very thick
(the salesperson said in percentages it would be Crown-50% and Pavilion-45%)

The diamond was priced at $75,600.00 and because the store is closing, the price is $34,700.00
It is in a platinum setting that I will not be using.

I don't know if the diamond was overpriced to begin with, or super underpriced now............. Please let me know YES or NO......... or wait a little longer for a better diamond/deal

Posted:  10/24/2009 9:40:29 PM

 There are 11 replies to this message.  There are 11 replies on this page.

P: 10/24/2009 9:52:26 PM
Yekutiel
Yekutiel

Rough Rock
Total Posts: 81
Last Post: 11/10/2009
Member Since: 10/11/2007
 
You can do a quick diamond search above and compare the prices for the same quality and proportions.

===========
Yekutiel
Diamond Consultant
www.idjewelryonline.com

Posted:  10/24/2009 9:52:26 PM
P: 10/24/2009 9:57:49 PM
bgray
bgray

Ideal Rock
Total Posts: 717
Last Post: 11/25/2009
Member Since: 7/28/2007
 
i assume that this is a round diamond? if so i am not wowed by the numbers. it is too deep, with a very thick girdle and the price for a 3 carat is very low..........

Posted:  10/24/2009 9:57:49 PM
P: 10/24/2009 10:01:52 PM
Mami
Mami

Rough Rock
Total Posts: 2
Last Post: 10/24/2009
Member Since: 10/24/2009
 
It is a Round.... I guess the price is low because of the liquidation and chapter 11 filed by the owner of BB&B

So.............will this diamond have the same problem as the last..... flattening out in certain lights.

Posted:  10/24/2009 10:01:52 PM
P: 10/24/2009 11:38:15 PM
Regular Guy
Regular Guy

Ideal Rock
Total Posts: 5,327
Last Post: 11/24/2009
Member Since: 7/7/2004
 
This diamond gets a bad HCA score (5.6).  Yes, I would be very concerned about its performance.

Ira (Ruffles have Ridges) Z.
____________

If you're looking for diamond shopping tips...this (along with this update) might do the trick!

however...caution: known to have been regarded as armed and dangerous…

Posted:  10/24/2009 11:38:15 PM
P: 10/24/2009 11:42:31 PM
canuk-gal
canuk-gal

Ideal Rock
Total Posts: 9,195
Last Post: 11/19/2009
Member Since: 4/19/2004
 
HI:

Welcome!!!!

May we help you choose something worthy of your budget?

cheers--Sharon

"People who possess great qualities, do not need to show off".

Posted:  10/24/2009 11:42:31 PM
P: 10/25/2009 12:45:33 AM
hihowareyou
hihowareyou

Rough Rock
Total Posts: 88
Last Post: 11/24/2009
Member Since: 7/23/2009
 
Ignoring cut quality the price is very attractive for its weight and colour.

Most people on these forums will tell you that cut is most important though and unfortunately it looks like the quality is lacking from this stone. It may still be an attractive diamond but won't be a top performer and since you say you've been disappointed by a diamond lacking the wow factor before I would pass. Especially given it is priced to sell for a liquidation sale, you probably wouldn't be able to return it if it did turn out to be a disappointment.

Posted:  10/25/2009 12:45:33 AM
P: 10/25/2009 3:08:35 AM
arjunajane
arjunajane

Ideal Rock
Total Posts: 7,788
Last Post: 11/25/2009
Member Since: 1/18/2008
 
Date: 10/24/2009 11:42:31 PM
Author: canuk-gal
HI:


Welcome!!!!


May we help you choose something worthy of your budget?


cheers--Sharon


ditto - that's a no to this stone in my opinion, for the aforementioned reasons.

I'm sure we could help you find something that will not disappoint performance-wise!







~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
"And let today embrace the past with remembrance and the future with longing."
Kahlil Gibran

Posted:  10/25/2009 3:08:35 AM
P: 10/25/2009 3:12:49 AM
kenny
kenny

Ideal Rock
Total Posts: 2,875
Last Post: 11/25/2009
Member Since: 4/30/2005
 
Is the price low enough that a recut would make sense even after the weight loss?

___________________
Keep asking questions.

Posted:  10/25/2009 3:12:49 AM
P: 10/25/2009 6:32:37 AM
Lorelei
Lorelei

Ideal Rock
Total Posts: 34,292
Last Post: 11/25/2009
Member Since: 4/30/2005
 
Date: 10/24/2009 9:40:29 PM
Author:Mami
Hello Pricescopers,

I was married Tuesday to the most wonderful man in the entire world. After five years I know all his bad habits and all his weird quirks....... so I can truly say, he is wonderful.

We had the most gorgeous rings made and I had a diamond in the ring but took it back because its color was extremely flat (wow factor wise) and didn't sparkle in certain lights. My husband is ready for me to have a diamond instead of a cz in my setting.

Today we went to Bailey, Banks and Biddle who is closing their doors. They had a ring (stone) that I am extremely interested in, but need to make sure it will not flatten out in light like my last diamond.

Here are all the specs, I hope ya'll will be able to give me the hardcore facts.


GIA certified and inscribed (following info from that certificate)
It is a 3.00 (exactly) carat diamond.
G- color
VS1- clarity
Cut Grade Good
Measurements are 9.07, 9.17, 5.72
Table- 59.0%
Depth-62.7%
Crown-32.5 degrees
Pavilion-41.8 degrees
Girdle-medium to very thick
(the salesperson said in percentages it would be Crown-50% and Pavilion-45%)

The diamond was priced at $75,600.00 and because the store is closing, the price is $34,700.00
It is in a platinum setting that I will not be using.

I don't know if the diamond was overpriced to begin with, or super underpriced now............. Please let me know YES or NO......... or wait a little longer for a better diamond/deal

Hi Mami

Its not the best cut and the pavilion angle is very steep.  The diamond won't sparkle as well as it could do due to the cut proportions, you have a fantastic budget if you can afford to spend 35k, I would get another stone quite frankly even if you have to look for lower colour and clarity, but one which is better cut.  A well cut stone of G VS1 will cost considerably more than that one looking online.

If you really love the size of this diamond and want to buy it I urge you to check it out away from any store lights to see how it looks, you mention your last diamond went flat once away from the store so you want to make absolutely sure with this stone, chances are it might go flat like the last one.









Nothing is more sacred as the bond between horse and rider...no other creature can ever become so emotionally close to a human as a horse. When a horse dies, the memory lives on because an enormous part of his owner's heart, soul, very existence dies also...but that can never be laid to rest, it is not meant to be...
- Stephanie M Thorn

Posted:  10/25/2009 6:32:37 AM
P: 10/25/2009 10:40:10 AM
Bosie
Bosie

Rough Rock
Total Posts: 84
Last Post: 11/13/2009
Member Since: 8/21/2006
 
Pass on the stone.
You have no recourse to the store, it is closing.  What if you take it to an appraisor to look at lets say for insurance purposes, and the stone is cracked, you are SOL!

Another poster on this thread had good advice, give PSers your budget and requirements and let the people on this forum help you pick out a stone you will be wowed with.  Best of luck.

Posted:  10/25/2009 10:40:10 AM
P: 10/25/2009 10:54:55 AM
Maxine
Maxine

Ideal Rock
Total Posts: 1,394
Last Post: 10/25/2009
Member Since: 12/6/2004
 
Last night I visited another store from this chain of stores that is closing down.....

I did not really look at diamonds, but the other prices did not reflect much of a "bargain."  (Items like watches where the price is pretty musch standard/has a "list" price you can recognize.)

With diamonds, it would be hard to determine whether the stone actually did list for over 70K or whether that price had been further  inflated for the sale.  

Could you get an independent appraisal of this stone before making a final decision??

Posted:  10/25/2009 10:54:55 AM

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