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 *** HELP ME. I desperately need help!!! ***

P:  5/11/2004 6:03:39 PM  
xav2k1
xav2k1

Rough Rock
Total Posts: 7
Last Post: 5/20/2004
Member Since: 2/3/2004
 
I am looking to get a , but needed the help of the knowledgeable people on this board.

I have found a princess cut diamond with the following stats:

Carat Weight: 1.52
Color: G
Clarity: VS2
Depth: 74.7%
Table: 64%
Polish: GD
Symmetry: GD
Measurements: 6.22x5.97x4.46
It is not GIA certified, but EGL. I have noticed that is somewhat cheaper than most comparable ones.

What do you all think about this diamond? Is the price difference b/c it is EGL certified and not GIA?
Posted:  5/11/2004 6:03:39 PM

 There are 10 replies to this message.  There are 10 replies on this page.

P: 5/11/2004 6:13:10 PM
verticalhorizon
verticalhorizon

Ideal Rock
Total Posts: 840
Last Post: 3/24/2006
Member Since: 3/9/2004
 
At first, I thought that it might not be too good.

Then I plugged in the numbers using the AGA's DIY grading charts at www.gemappraisers.com and it came out much better that I thought.

You'll need more info to make a better numerical judgement, but as everyone will tell you here, you have to see fancies to believe them.

VH (aka GroomZilla)

---
This post was brought to you by the Church of Cut Quality.

Note: I am not an expert. Just a friendly neighbor.

Posted:  5/11/2004 6:13:10 PM
P: 5/11/2004 6:23:45 PM
lop
lop

Ideal Rock
Total Posts: 2,651
Last Post: 9/7/2009
Member Since: 6/14/2003
 
The issue with EGL is that some of their labs (especially Isreal) are known for lax grading on the subjective issues of color and clarity. Thus what EGL might call a G color, GIA might call H, and the same on the clarity grading. Prices are determined by these gradings, so the bottom line is that you need to know what the actual color and clarity is to determine if the price is fair and the stoen still meets your parameters of what you are looking for. (This is once you've decided that you are interested in the stone for all of it's merits.) EGL labs in NY seem to be more strict in their grading, but the overall impresson of the lax grades tends to cause the stones to be discounted. You can usually tell on the cert which lab graded the stone.

Bottom line is you need to know that what you are buying really is what they say it is, and the price you are paying is fair. An independant appraiser can help you here.

Posted:  5/11/2004 6:23:45 PM
P: 5/12/2004 8:58:31 AM
xav2k1
xav2k1

Rough Rock
Total Posts: 7
Last Post: 5/20/2004
Member Since: 2/3/2004
 
Are you saying that EGL gradings are consistently below those from GIA or is it possible to get a comparable EGL diamond?

Posted:  5/12/2004 8:58:31 AM
P: 5/12/2004 9:09:18 AM
moremoremore
moremoremore

Ideal Rock
Total Posts: 6,825
Last Post: 2/9/2009
Member Since: 3/15/2004
 
what's the crown info? It may look a tad small for its carat weight, but sometimes, it just all comes together!

______________________________ Stewart says: I'm good enough. I'm smart enough. And doggon'it, people like me.

Posted:  5/12/2004 9:09:18 AM
P: 5/12/2004 9:18:42 AM
Fuffi
Fuffi

Cut Rock
Total Posts: 432
Last Post: 9/17/2006
Member Since: 5/29/2003
 
The numbers don't add up. Is the girdle very thick? You're sacrificing a lot of spread. To me it would make more sense to buy 1.30 which is what this looks like, and save the $$ you'd be paying for the 1.50 price jump.

Fuffi, G.G., A.J.P.

Posted:  5/12/2004 9:18:42 AM
P: 5/12/2004 9:58:15 AM
niceice
niceice

Ideal Rock
Total Posts: 1,792
Last Post: 7/22/2008
Member Since: 1/29/2003
 
----------------
On 5/12/2004 8:58:31 AM xav2k1 wrote:

Are you saying that EGL gradings are consistently below those from GIA or is it possible to get a comparable EGL diamond?----------------



It depends on which EGL graded the diamond... EGL-LA runs a pretty tight ship with results fairly close to the AGS and the GIA, but we can't say the same for EGL Israel or EGL Antwerp. The thing to realize with the EGL is that it is a franchise laboratory and thus the grading practices and the results vary from lab to lab... This is something that probably drives Tom at the EGL-LA absolutely bonkers because the variance in grading combined with the similarity in the name has resulted in widely accepted recognition within the industry that EGL graded diamonds are not accurately graded and as a result EGL graded diamonds trade for less than diamonds purported to be the same clarity and color grade as graded by the GIA and AGS laboratories... So who was the diamond graded by? EGL-LA? EGL-Israel? or EGL Antwerp? Thought: and you're staring at the lab report and thinking "it just says EGL" and therein my friend lies the problem

Todd L. Gray, President
NiceIce.com

Posted:  5/12/2004 9:58:15 AM
P: 5/12/2004 10:08:49 AM
xav2k1
xav2k1

Rough Rock
Total Posts: 7
Last Post: 5/20/2004
Member Since: 2/3/2004
 
Thanks all.

I have another question for the diamond afficiandos. In the comments, what does it mean if it says "Additional extra facet not shown"?

Posted:  5/12/2004 10:08:49 AM
P: 5/12/2004 10:16:03 AM
valeria101
valeria101

Ideal Rock
Total Posts: 14,048
Last Post: 4/30/2006
Member Since: 8/29/2003
 
Regardless of what EGL is that, the stone will be discounted for the name, but it would likely not acquire more color or inclusions because of it.

Would it be possible to get an idea of what the inclusion chart looks like and perhaps an Ideal Scope "portrait" of it? Besides, you can always have an appraiser look at it if the price difference is worth the trouble.

You may want to compare this with the price per carat of simmilar GIA stones graded one grade up in color and/or clarity and see wether the discount still makes the stone an acceptable deal. I would not expect the margin to account for a drop in both grades, but one... usually a lab would not guarantee it's own consistency down to that (GIA claims half a grade margin or error, for example, but I do not know what others say).


as I can see, DCD ranks this one "Ideal cut" and who am I to differ ? and the best quote for the stone could well stand for GIA's H-SI1 any day. Good enough for me

Just my 0.2, of course

Ana "The greatest experts are only as good as the sum total of what they have seen." [Souren Melikian]

Posted:  5/12/2004 10:16:03 AM
P: 5/20/2004 3:00:27 PM
xav2k1
xav2k1

Rough Rock
Total Posts: 7
Last Post: 5/20/2004
Member Since: 2/3/2004
 
Found to be what seems to be a pretty nice diamond. I want to purchase it ASAP but I am wondering what the following comment means:

ADDITIONAL EXTRA FACET NOT SHOWN.

Anybody have an idea of what that means?????

Posted:  5/20/2004 3:00:27 PM
P: 5/20/2004 4:17:58 PM
moremoremore
moremoremore

Ideal Rock
Total Posts: 6,825
Last Post: 2/9/2009
Member Since: 3/15/2004
 
it's no biggie...!

______________________________ Stewart says: I'm good enough. I'm smart enough. And doggon'it, people like me.

Posted:  5/20/2004 4:17:58 PM

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