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 Is this a good buy (singapore)

P:  12/31/2002 9:52:52 AM  
wind30
wind30

Rough Rock
Total Posts: 1
Last Post: Unknown
Member Since: 12/31/2002
 
I just bought a diamond for my engagement ring.

I bought it from some small jeweller near bugisor something like that. My GF says her family has bought from this shop for like donkey years so it should be safe. I HOPE so cuz the diamond comes without any cert.

The jeweller claims:
color: G-F
clarity: VVS2
carat: 0.78

I paid S$4300 for it. Dunno what cut it is but it looks bright... hey but what do I know. I looked at it through a scope and it looks completely clear... So it is a good buy? My GF seems very happy with it that is why I bought it but I still don't feel very safe


Posted:  12/31/2002 9:52:52 AM

 There are 4 replies to this message.  There are 4 replies on this page.

P: 12/31/2002 10:47:21 AM
DiamondOptics.com
DiamondOptics.com

Cut Rock
Total Posts: 380
Last Post: 3/15/2006
Member Since: 6/27/2002
 
Hi Wind,


You have the option of having your
diamond sent to an independent appraiser
to get it checked out. Here on pricescope
there are a few highly reccomended appraisers like
the Rock Doc, or Dave Atlas.

Both these gents are reknown for what they do,
and are very repected in the industry.

www.consumersgemlab.com (Rock Doc)
or
www.gemappraisers.com (Dave Atlas)

Buy Informed!

Kirk

Posted:  12/31/2002 10:47:21 AM
P: 1/1/2003 10:20:36 AM
Richard Sherwood
Richard Sherwood

Ideal Rock
Total Posts: 4,874
Last Post: 11/20/2009
Member Since: 9/25/2002
 
Wind, it's tough to tell with the information supplied. If the diamond is well cut and the grading is correct, the price sounds reasonable.

Kirk's right though. The only way to know for sure is to have it checked out by an independent appraiser.

Congratulations on your engagement.

Rich, Independent GG
Sarasota Gemological Laboratory

Rich, Independent GG Appraiser
Sarasota Gemological Laboratory

Posted:  1/1/2003 10:20:36 AM
P: 1/4/2003 9:31:47 AM
yeewl
yeewl

Cut Rock
Total Posts: 191
Last Post: 11/16/2008
Member Since: 9/11/2002
 
Just curious ... what is the name of the shop if you don't mind sharing...

Posted:  1/4/2003 9:31:47 AM
P: 1/4/2003 9:41:06 AM
geo10000
geo10000

Rough Rock
Total Posts: 38
Last Post: 12/11/2005
Member Since: 8/22/2002
 
Hello, I too have to jump on the "appraisal" band wagon here. There are so many variables that can make a great buy a bad buy. Remember to have a diamond looked at in the beginning rather than later so that you have some recourse should the stone not be what is stated. I recommend an independant appraiser who is not influenced by selling their own diamonds. This keeps it "real". I'm sure this seller has good intentions but mistakes can be make and it is easy for sellers to develop tunnel vision over time with the grading of their diamonds to where they develop deviations of what the stone really is.
You did not mention cut...it can change the value of a diamond as much as 40% in extreme cases. The difference between F to G is a factor as well. Is it truly a VVS-2?
Bottom line...have it appraised by an independant and qualified appraiser!
Good Luck.

George

George Houghtaling II Graduate Gemologist (GIA)GG,ISA,NAJA
Houghtaling Appraisal Service
Atlanta, GA

Posted:  1/4/2003 9:41:06 AM

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