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need help on princess cut diamond value

P: 6/15/2002 8:42:36 PM
michelle Rough Rock Total Posts: 1 Last Post: Unknown Member Since: 6/15/2002	I just got a princess cut diamond engagement ring that has a I for color, SI3 in clarity and is a 1.00 carat. The stone measurements are 5.3 X 5.2 X 3.9 which is mounted in a 4-prong white gold crown on a 2mm tiffany style band. I was wondering if any diamond experts could tell me what this ring is worth. We paid $3500 but the estimated retail value on the appraisal from the jewelers is $7,499. Is this a good deal or not? Are there any obvious problems with this? thanks. any opinions welcomed.
Posted: 6/15/2002 8:42:36 PM

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

P: 6/16/2002 8:57:01 AM
Pricescope Administrator Total Posts: 8,265 Last Post: 1/5/2008 Member Since: 1/1/2000	Hi Michelle, Does the diamond have a grading report? Similar EGL graded diamonds cost not more than $2,200 in the Internet (try to search from the front page of Pricescope.com for the same shape-carat-color-clarity). 14k gold tiffany setting costs not more than $80-$100, 18k gold - not more than $200. If your diamond clarity is for instance I1 instead of SI3, its price would be about $1,600! So it looks like you overpaid quite a bit. As for appraisal, it is obviously over inflated = incorrect. Pricescope
Posted: 6/16/2002 8:57:01 AM

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