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 Price this diamond...!

P:  6/28/2004 6:28:03 PM  
msmitty
msmitty

Rough Rock
Total Posts: 1
Last Post: 6/28/2004
Member Since: 6/28/2004
 
i'm thinking about buying the following diamond at a B&M store:

Emerald shape
Ideal cut (depth and table are around 65% each)
1.55 carat
G
VS1 (2 feather inclusions, on bottom of stone, barely noticeable under 15x magnification)

The asking price is $11,425 which is supposedly 20% profit, which would put wholesale price around $9,520.

Is this a fair price? I'm not looking for a steal (I know I pay a bit more for a B&M place), but I am also not looking to get ripped off.
Posted:  6/28/2004 6:28:03 PM

 There are 1 replies to this message.  There are 1 replies on this page.

P: 6/28/2004 10:41:54 PM
pqcollectibles
pqcollectibles

Ideal Rock
Total Posts: 3,441
Last Post: 6/18/2005
Member Since: 2/23/2003
 
If you get exact dimensions (LxWxD), table and depth %'s, crown height, girdle thickness, polish and symmetry ratings, you can use the DIY system at www.gemappraisers.com to grade the Cut Class. You can also search Price Scope listings for comparable diamonds currently available to check for prices being asked or check Price Stats to find the price/carat.

If the table and depth are indeed 65%/65% and everything else about the cut rates well, comparable diamonds are currently trading for around $9K.

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:  6/28/2004 10:41:54 PM

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