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Halloway Cut Adviser

P: 3/23/2004 12:52:01 AM
antonia Rough Rock Total Posts: 52 Last Post: 4/1/2004 Member Since: 3/23/2004	Let me fix my first email to make it more accurate & informative! ALL FIGURES QUOTED IN AUSTRALIAN DOLLARS AU$ (EXCHANGE RATE IS ABOUT .75) The Agreement: My jeweller has quoted me AU$10,200 for a 1.10ct, E, SI1, Excellent Cut, and promised a GIA report. Additionally he will also get a DSLA Report (Australian Lab) which confirms colour, weight, clarity and sarin - so in this way I can double check the sarin he originally gave me. He wanted room to move so he quoted AU$90 for each point over or under 1.10ct. Remember I'm quoting Australian dollars. First Proposals: He has come up with the below stone which has not "yet" been certified by GIA although he will do so - but he says they should rate excellent on policy & symmetry. He likes to confuse me though, I know this stuff but I'm still learning so I forget when he raves on and says "GIA will rate it an excellent cut" - I don't think he knows what he is talking about, or he thinks I'm an idiot, one of the two! :-) Anyway.... All the details I have on this stone: 1.186 ct E colour SI1 clarity Diameter 6.82mm average (6.80 - 6.85) Diam Dev 0.7% Total depth 61.5% (4.20mm) Crown angle 35.5 (Height 15.5%, 1.06mm) Pavil angle 40.6 (Depth 43.0%) Table Ave Size 57% (56.8%) Culet 0.8% very small Girdle 1.3% medium (min/max 0.7% thin - 2.4% sl. thick) Star/Upper 52.0%:48.0% Rates 1.3 on Halloway Cut Adviser (excellent) PRICE: Australian dollars AU$10,200 plus AU$90 above 1.10carat (AU$90 X 8 = AU$720) Grand Total AU$10,920 I am pushing to get 4 points for free, but I doubt that will happen, he may absorb 2 or 3 points so that will lessen the price a little bit. Should have an answer by the end of the day. Should I buy the E 1.186 or isn't it good enough for a Princess? hee hee The most I could pay is AU$10,920 and the least I could pay is AU$10,560 - we will see what he comes back with. Wonder if I should wait for a better stone? One thing is for sure, my jeweller may have the best intensions but he doesn't know what he is talkig about! ha ha! Thanks for all your help, now I know I'm not crazy Antonia Sydney, Australia
Posted: 3/23/2004 12:52:01 AM

There are 24 replies to this message. There are 24 replies on this page.

P: 3/23/2004 1:20:13 AM
valeria101 Ideal Rock Total Posts: 14,048 Last Post: 4/30/2006 Member Since: 8/29/2003	I am not sure what is "GIA Excellent cut" - Ex grades on polish and symmetry? Those are not very important for ligt return at all... Also, the pricing system you refer to is a bit unusual. There is a premium for stones above 1ct (you may hera about a 'price jump'), but the interpetation you mention is not common. What is the actual price for each stone? Between the two stones, I very much agree with your choice Ana "The greatest experts are only as good as the sum total of what they have seen." [Souren Melikian]
Posted: 3/23/2004 1:20:13 AM

P: 3/23/2004 1:24:15 AM
Mara Ideal Rock Total Posts: 27,912 Last Post: 11/23/2009 Member Since: 10/30/2002	Stick with the E stone. The D has a somewhat steep pavilion angle...also I would be surprised if that stone truly exhibits excellent Hearts and Arrows with that pav angle. Over 41 degrees some say that your H&A pattern is more distorted. GIA also does not grade cut, so next time you see him, call his bluff. There is no GIA excellent cut (yet anyway!). A fair price for the 1.18 E SI with an excellent cut could be around $6500 offline...depending on markup. There is a well-cut 1.15c F SI for $6200 on Pscope in terms of price comparison. Good luck!! ________________________________ "Insanity: doing the same thing over and over again and expecting different results." -Albert Einstein
Posted: 3/23/2004 1:24:15 AM

P: 3/23/2004 10:53:24 AM
fire&ice Ideal Rock Total Posts: 7,827 Last Post: 3/30/2009 Member Since: 7/22/2002	---------------- On 3/23/2004 12:52:01 AM antonia wrote: My jeweller has proposed two diamonds to me as follows: p.s. he also quoted each point above 1.00 carat at $90, does that sound fair? Antonia ---------------- Am I the only one who thinks this is exorbintant? An extra 1700 for the 1.18? 90 each point? Should be much less. You have already gone over the 1 c mark price jump. The next premium price jump will be 1.25. How much are these stones? Makes me wonder if you are being overcharged.
Posted: 3/23/2004 10:53:24 AM

P: 3/23/2004 10:58:17 AM
lop Ideal Rock Total Posts: 2,651 Last Post: 9/7/2009 Member Since: 6/14/2003	---------------- On 3/23/2004 10:53:24 AM fire&ice wrote: ---------------- On 3/23/2004 12:52:01 AM antonia wrote: My jeweller has proposed two diamonds to me as follows: p.s. he also quoted each point above 1.00 carat at $90, does that sound fair? Antonia ---------------- Am I the only one who thinks this is exorbintant? An extra 1700 for the 1.18? 90 each point? Should be much less. You have already gone over the 1 c mark price jump. The next premium price jump will be 1.25. How much are these stones? Makes me wonder if you are being overcharged. ---------------- Yes -- If you use the PS average price/carat chart, this is about double what would be charged on average for this stone (the lowest is approx $4600/carat, so each point would be $46, average is $5500/carat, so $55/point). What is the total price they are asking?
Posted: 3/23/2004 10:58:17 AM

P: 3/23/2004 11:11:08 AM
Rhino Ideal Rock Total Posts: 4,865 Last Post: 11/22/2009 Member Since: 3/29/2001	As infitesimal and hair splitting as it may sound when your pavilion angles drop => 41 degrees a considerable amount of leakage is present under the table which generally causes a severe hit in light return (and even with crown angles as shallow as 34.2). The 40.6/35.5 combo is the bet I would go with if these are the only 2 choices you're presenting. In this instance the Holloway Cut Advisor is justified in it's rating and is steering you properly. Rhino Good Old Gold
Posted: 3/23/2004 11:11:08 AM

P: 3/23/2004 7:54:18 PM
antonia Rough Rock Total Posts: 52 Last Post: 4/1/2004 Member Since: 3/23/2004	the time difference is trying.... r u all asleep?
Posted: 3/23/2004 7:54:18 PM

P: 3/23/2004 7:56:34 PM
Mara Ideal Rock Total Posts: 27,912 Last Post: 11/23/2009 Member Since: 10/30/2002	How does this translate to US dollars? Most of us are Americans and lazy at that. ________________________________ "Insanity: doing the same thing over and over again and expecting different results." -Albert Einstein
Posted: 3/23/2004 7:56:34 PM

P: 3/23/2004 7:59:20 PM
antonia Rough Rock Total Posts: 52 Last Post: 4/1/2004 Member Since: 3/23/2004	At worst it would be AU$10,920 so about US$8,190 (using exchange rate .75)
Posted: 3/23/2004 7:59:20 PM

P: 3/23/2004 8:01:37 PM
Mara Ideal Rock Total Posts: 27,912 Last Post: 11/23/2009 Member Since: 10/30/2002	Well since I noted that a fair/good price for this E stone would be around $6500...the $6115 seems very good. I would get an independent appraisal--not sure where you are but Garry Holloway is in AU and he may do it for you! This way you can confirm that the stone matches the report etc..and by doing it independently, the jeweler has NO SAY in the outcome. Definitely get a GIA cert for the stone. Good luck! ________________________________ "Insanity: doing the same thing over and over again and expecting different results." -Albert Einstein
Posted: 3/23/2004 8:01:37 PM

P: 3/23/2004 8:04:13 PM
antonia Rough Rock Total Posts: 52 Last Post: 4/1/2004 Member Since: 3/23/2004	numbers have changed... sorry not good with maths.... so looks like I"m paying too much?
Posted: 3/23/2004 8:04:13 PM

P: 3/23/2004 8:06:20 PM
Mara Ideal Rock Total Posts: 27,912 Last Post: 11/23/2009 Member Since: 10/30/2002	Oh DEFINITELY overpaying! If you can get a 1.15 F SI well-cut stone online for $6200..then why on earth would you pay $2k more for .03c more and one color grade better? At most pay $500 more than the $6200 but not $2k!!! ________________________________ "Insanity: doing the same thing over and over again and expecting different results." -Albert Einstein
Posted: 3/23/2004 8:06:20 PM

P: 3/23/2004 8:12:33 PM
mike04456 Ideal Rock Total Posts: 1,441 Last Post: 3/28/2004 Member Since: 11/20/2002	---------------- On 3/23/2004 7:59:20 PM antonia wrote: At worst it would be AU$10,920 so about US$8,190 (using exchange rate .75) ---------------- Wow, the dollar is down. I can remember when it was AU$1 = US$0.50...
Posted: 3/23/2004 8:12:33 PM

P: 3/23/2004 8:14:11 PM
antonia Rough Rock Total Posts: 52 Last Post: 4/1/2004 Member Since: 3/23/2004	Hmmmm but I have been dealing with three jewellers: Jogia Melbourne Diamond Exchange and my jeweller Marcus Creations and they have all quoted me roughly the same... I'm confused now. I wonder if it makes a difference because I am in Australia... may be more expensive here due to the shipping, GST etc??? and here I am thinking its a great deal!! My sister paid $10,000 package for diamond E, SI1, 1.03 HRD certified Very Good Cut - price included yellow gold setting, plus wedding band.... I'm paying a couple of grand more than her but mine stone is .18 bigger and she bought hers three years ago.....?????
Posted: 3/23/2004 8:14:11 PM

P: 3/23/2004 8:15:59 PM
antonia Rough Rock Total Posts: 52 Last Post: 4/1/2004 Member Since: 3/23/2004	I remember that too, and it cost me a fortune when I visited the US!
Posted: 3/23/2004 8:15:59 PM

P: 3/23/2004 8:16:04 PM
mike04456 Ideal Rock Total Posts: 1,441 Last Post: 3/28/2004 Member Since: 11/20/2002	MDX is a pricescope participant. Maybe they will chime in with some explanation...
Posted: 3/23/2004 8:16:04 PM

P: 3/23/2004 8:18:56 PM
antonia Rough Rock Total Posts: 52 Last Post: 4/1/2004 Member Since: 3/23/2004	Thanks... will track them down :-)
Posted: 3/23/2004 8:18:56 PM

P: 3/23/2004 10:46:12 PM
mm Rough Rock Total Posts: 70 Last Post: 9/6/2004 Member Since: 2/29/2004	Antonia, How have you found Jogia? I have been looking around for a diamond for a while, and they seem to be a bit cheaper than the other online retailers based in Aus. The higher Aus dollar makes overseas diamonds attractive, although we have to pay for freight (about $100 US), and GST (but no duty on loose diamonds), and its always harder to return a stone within 10 days if you don't like it when it travels halfway across the world! And as for the oz dollar being 0.48 c US- that killed any plans I had to go windsuring in Maui for the last few years- i remember when it was $88 or so in 1990- that was much better! mm
Posted: 3/23/2004 10:46:12 PM

P: 3/23/2004 10:50:29 PM
antonia Rough Rock Total Posts: 52 Last Post: 4/1/2004 Member Since: 3/23/2004	Hi mm, Now you've got me thinking of M&Ms, great, I'm a chocolate freak! I dealt with Yogesh Jogia, the owner and I found him to be very helpful and his prices are excellent. The only reason I didn't wrap up the deal at that time is because I got a reasonable quote from Marcus Creations and he is based in Sydney, where I live, whereas Jogia is based in Perth, so I preferred the face to face service. Although I don't have a bad word to say about Jogia and I would not hesitate to recommend him or go back to him if I can't find what I want with Marcus Creations. Hope that helps. Hey, what do you think about the E 1.18 diamond I've described? Take care.
Posted: 3/23/2004 10:50:29 PM

P: 3/23/2004 11:02:44 PM
mm Rough Rock Total Posts: 70 Last Post: 9/6/2004 Member Since: 2/29/2004	Can't give you much feedback on your stone- I have been searching for pricess cuts, so the %table, crown height etc etc for RB's is completely foreign to me! Thanks for the feedback on Jogia- I'm in melbourne, so perth is not exactly handy (for the USA people, picture New york to LA), but he seems to have nice stones for good prices. MDX looks ok too, but they are a bit more expensive and I've found the exact same stones from them for cheaper on other pricesope dealers. good luck with your search! cheers mm
Posted: 3/23/2004 11:02:44 PM

P: 3/23/2004 11:05:56 PM
antonia Rough Rock Total Posts: 52 Last Post: 4/1/2004 Member Since: 3/23/2004	Yes, I found MDX very helpful too, and their prices I found were good. But I am looking for brilliant cut. And they will drop the delivery charge and the charge for using Visa if you pressure them! Good luck.
Posted: 3/23/2004 11:05:56 PM

P: 3/23/2004 11:47:33 PM
pqcollectibles Ideal Rock Total Posts: 3,441 Last Post: 6/18/2005 Member Since: 2/23/2003	I answered your other post. The E, SI1 is a Cut Class 1B (www.gemappraisers.com DIY Cut Grading) and comparable diamonds are trading on Price Scope in the $5800 to $6500 (US) range. Why use a big word when a diminutive word would be succinct! ____________________________________________________________ Just a regular person trying to be helpful. Consult a Pro prior to purchase!
Posted: 3/23/2004 11:47:33 PM

P: 3/23/2004 11:52:04 PM
antonia Rough Rock Total Posts: 52 Last Post: 4/1/2004 Member Since: 3/23/2004	Thank you!
Posted: 3/23/2004 11:52:04 PM

P: 3/24/2004 12:01:40 AM
Rhino Ideal Rock Total Posts: 4,865 Last Post: 11/22/2009 Member Since: 3/29/2001	Woops... now I know where I answered that 40.6/35.5 thread. Rhino Good Old Gold
Posted: 3/24/2004 12:01:40 AM

P: 3/24/2004 5:47:06 AM
mdx Ideal Rock Total Posts: 570 Last Post: 11/29/2007 Member Since: 3/1/2002	Hi Antonia This AU$90 per point sounds pretty weird, certainly not an Aussie thing. The Internet price in AU is not much different than USA what does add to the price though is Shipping, Insurance, Customs clearing costs and GST. As the diamonds you asking for advise on are offered by a competitor I should perhaps not comment. The offer by your jeweler to submit the stones to DCLA for verification is a good one as they are very dependable and thorough lab. When considering an Internet vendor in Australia always verify their credibility at the JAA (Jewelers Association of Australia) Toll free number 1800 657 762 Could save you a lot heartache Regards Johan Diamond Exchange Ltd. (Australia)
Posted: 3/24/2004 5:47:06 AM

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