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 Is this diadmond a good deal at Union Diamonds?

P:  6/29/2004 12:45:23 PM  
brandonb
brandonb

Cut Rock
Total Posts: 116
Last Post: 8/23/2004
Member Since: 6/21/2004
 
What do you think? First, it's from Union Diamonds which I have heard a few negative things about. And second, it's EGL European, which also seems to be highly frowned upon here. But everything else with the stone seems great and it's a good value.

Cut > Round
Carat > 1.50
Color > H
Clarity > SI1
Measurements > 7.36-7.32X4.54 mm
Depth Percentage > 61.90 %
Table Percentage > 55 %
Crown > 16%
Pavilion > 43%
Girdle > M-F
Culet > N
Polish > Excellent
Symmetry > Excellent
Fluorescence > None
Special Notes > EGL

It's just under $8000. It got a 1.8 on the HCA scale and is supposedly eye clean. They sent me a picture of the stone, but it looked like a generic picture.

Anyway, what are your opinions?

Thanks,
-Brandon

Posted:  6/29/2004 12:45:23 PM

 There are 13 replies to this message.  There are 13 replies on this page.

P: 6/29/2004 12:59:33 PM
bling
bling

Cut Rock
Total Posts: 487
Last Post: 5/17/2005
Member Since: 4/17/2003
 
well, it seems you have almost answered your own question. you know the reputation that EGL europe has..they are more lenient in their grading. so you know there is a possibility that the H is really an I or J and the SI1 is not completely eye clean and could potentially be an SI2 or lower. IF you really are set on this stone, ask them for more info, ask for a really good picture to show inclusions..not just a generic one. ask for idealscope images and sarin info.. As many say on this forum..if the price is too good to be true, it probably is..and i find that especially true with diamonds. you might end up paying more by going with a different vendor, but when your spending this much money on a significant purchase, you want to be sure and have some peace of mind that you got a great diamond and a great price! good luck!

Posted:  6/29/2004 12:59:33 PM
P: 6/29/2004 1:10:32 PM
brandonb
brandonb

Cut Rock
Total Posts: 116
Last Post: 8/23/2004
Member Since: 6/21/2004
 
Yeah, that's kind of what I am thinking. I have actually found another stone that is really, really appealing.

GIA Certified
Carat weight: 1.60
Cut: Ideal
Color: H
Clarity: SI1
Depth %: 60.7%
Table %: 56%
Crown: 33.5' or 14.1%
Pavil. 40.6' or 42.5%
Symmetry: Good
Polish: Good
Girdle: Thin to slightly thick, faceted
Culet: None
Fluorescence: Medium yellow
Measurements: 7.54x7.62x4.60 mm

It got a .7 on the HCA. Anyone see any problems with this one?

Thanks,
-Brandon

Posted:  6/29/2004 1:10:32 PM
P: 6/29/2004 2:36:09 PM
rockslover
rockslover

Rough Rock
Total Posts: 32
Last Post: 7/20/2005
Member Since: 6/10/2004
 
Yes...
The Medium Yellow..

Posted:  6/29/2004 2:36:09 PM
P: 6/29/2004 2:44:29 PM
aljdewey
aljdewey

Ideal Rock
Total Posts: 8,236
Last Post: 2/11/2008
Member Since: 11/25/2002
 

----------------
On 6/29/2004 12:45:23 PM brandonb wrote:

What do you think?  First, it's from Union Diamonds which I have heard a few negative things about.  And second, it's EGL European, which also seems to be highly frowned upon here.  But everything else with the stone seems great and it's a good value.

It's just under $8000.  It got a 1.8 on the HCA scale and is supposedly eye clean.  They sent me a picture of the stone, but it looked like a generic picture.

Anyway, what are your opinions?

----------------

Brandon, are you familiar with the saying "If it's too good to be true....."?

A decent 1.5 ct, H, SI1 diamond averages about $9400-9500 right now on PS.  Have you asked yourself why this diamond is "such a good deal"?  Have you asked yourself why they are selling this diamond from under $8K when the market bears getting $1400 or so more for it?

How about.....because EGL European IS lenient (as you seem to know already) and it's not really an H?  The price is more correspondent with an I, SI1 (which averages around $8035 or so.)

Why would you want to take that risk?  There are tons of diamonds in your price range and similar size if you search PS.....

OH....and I'd scrap that second stone due to the yellow fluor.

_____________________
Note: Chainsaw Not Sold Separately.

Posted:  6/29/2004 2:44:29 PM
P: 6/29/2004 2:50:43 PM
aljdewey
aljdewey

Ideal Rock
Total Posts: 8,236
Last Post: 2/11/2008
Member Since: 11/25/2002
 
Brandon, these might be better options for you.  These are in your range, I think.
 
 
1.54, I, SI1 for $8075
 
 
 
 

_____________________
Note: Chainsaw Not Sold Separately.

Posted:  6/29/2004 2:50:43 PM
P: 6/29/2004 5:33:24 PM
brandonb
brandonb

Cut Rock
Total Posts: 116
Last Post: 8/23/2004
Member Since: 6/21/2004
 
Thanks for the help and links. I'll take a look at those in a sec. My concern is with the I color in them. What kind of difference is there between and H and I color stone?

Thanks,
-Brandon

Posted:  6/29/2004 5:33:24 PM
P: 6/29/2004 6:46:38 PM
aljdewey
aljdewey

Ideal Rock
Total Posts: 8,236
Last Post: 2/11/2008
Member Since: 11/25/2002
 

----------------
On 6/29/2004 5:33:24 PM brandonb wrote:

Thanks for the help and links.  I'll take a look at those in a sec.  My concern is with the I color in them.  What kind of difference is there between and H and I color stone?

Thanks,
-Brandon
----------------

The point, Brandon, is that EGL European labs are notorious for lenient grading.  What does that mean?  It means a stone that would normally be graded an I or a J by stricter labs (AGS, GIA, etc) gets a more generous grading of H with EGL.  So what?  That being so, you're likely getting an I stone in reality here anyway, so what's the difference?

However, the I stones I referenced are extremely well cut, and that tends to mask the color/clarity better.  Take a look through the SMTR folder and you'll see plenty of examples of I stones that face up beautifully white.

_____________________
Note: Chainsaw Not Sold Separately.

Posted:  6/29/2004 6:46:38 PM
P: 6/29/2004 7:46:51 PM
Magnum
Magnum

Cut Rock
Total Posts: 342
Last Post: 7/28/2004
Member Since: 3/26/2004
 
First of all, unless you're looking for a fancy yellow colored stone, I'd stay away from the yellow flouresence. In certain lights it would make whatever tinit of yellow there was in the stone worse. As far as the first stone, I agree mostly with what Al said. However, it looks like it could be a decent cut (angles would be better to have, but the percentages are pretty good) and the EGl cert is a double edged sword. It's true that the reason they are priced lower is because the lenient grading is taken into account and it is almost assumed that the grade is going to be lower, so the price is lower, accordingly. However, if you're lucky enough to find an EGL (europe) stone that is graded to GIA/AGS standards, then you've just found a deal. The problem is, you'll have to pay an appraiser to find out if you got lucky. if you found an accurately graded stone on the first try, then you just saved some money. But the question is, how many is it going to take before you find one that is accurately graded. If it takes a few, then you've spent more time and money when you could have taken the safe route and gotten a GIA or AGS stone. If the vendor is confident it's accurately graded, then I would offer to make the sale contigent on an appraisal by an agreed upon party, and if it matches you buy the stone and pay for the appraisal, but if it doesn't, the dealer sucks up the appraisal cost and you go with another stone. That'll show how confident they are in the grading. just a suggestion, but I wouldn't rule the stone out completely. Best of luck in your search.

Posted:  6/29/2004 7:46:51 PM
P: 6/29/2004 8:38:55 PM
brandonb
brandonb

Cut Rock
Total Posts: 116
Last Post: 8/23/2004
Member Since: 6/21/2004
 
Magnum, thanks for the reply. I was wondering, what would an appraiser grade on? What will they tell me that the certification info will not?

Thanks,
-Brandon

Posted:  6/29/2004 8:38:55 PM
P: 6/29/2004 8:49:19 PM
brandonb
brandonb

Cut Rock
Total Posts: 116
Last Post: 8/23/2004
Member Since: 6/21/2004
 
aljdewey...The prices on WhiteFlash are higher than the ones you listed. Just wondering if I saw the wrong price or something?

Thanks,
-Brandon

Posted:  6/29/2004 8:49:19 PM
P: 6/29/2004 9:00:21 PM
noobie
noobie

Ideal Rock
Total Posts: 1,318
Last Post: 9/21/2007
Member Since: 3/3/2004
 
Brandon,
 
WhiteFlash offers a discount if you mention Pricescope.  Just make sure you ask for it when you contact them.. The prices that show up on the PS searh engine already incorporate the discount.  I believe Dirt Cheap Diamonds does that as well, but I can't remember.

Posted:  6/29/2004 9:00:21 PM
P: 6/29/2004 9:10:32 PM
brandonb
brandonb

Cut Rock
Total Posts: 116
Last Post: 8/23/2004
Member Since: 6/21/2004
 
Ah, thanks. I wondered about that because they sent me some prices that were cheaper than the posted price on their site. Now I'm trying to decide between those 1.54 I SI1's he listed, or a couple of other from WhiteFlash.
They are currently getting two certificates of other stones for me to see, so that I can run the HCA. But this one checked out pretty good:
RB
1.51
SI1
H
Table 56
Depth 60.5
Crown 34.9
Pavilion 41
Girdle = Thin-Med
No Fluoresence
No Cutlet
Polish - Exc
Sem. - Exc
7.48-7.49X4.53
HCA Score 2



Any opinions?

Thanks,
-Brandon

Posted:  6/29/2004 9:10:32 PM
P: 6/29/2004 10:35:33 PM
strmrdr
strmrdr

Ideal Rock
Total Posts: 23,296
Last Post: 10/9/2009
Member Since: 11/1/2003
 
If there are a couple whiteflash diamonds your considering you can call them and ask Brian to pull them out and talk them over with you.
Several people have done that and have been very happy with the results.

........... Karl has joined the diamond trade and is now posting as Karl_K

Posted:  6/29/2004 10:35:33 PM

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