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IS THIS TRUE???????

P: 2/8/2006 9:12:14 PM
levigarrett Rough Rock Total Posts: 38 Last Post: 3/27/2006 Member Since: 1/28/2006	I just saw in another post that Mrssalvo said that diamond prices are going up. IS THIS TRUE? IF SO I need help finding as ASSCHER. LET ME KNOW WHAT YOU GIRLS AND GUYS THINK. I WAS GOING TO WAITANOTHER 4 Months but???????????????
Posted: 2/8/2006 9:12:14 PM

There are 21 replies to this message. There are 21 replies on this page.

P: 2/8/2006 9:13:48 PM
Mara Ideal Rock Total Posts: 27,922 Last Post: 11/23/2009 Member Since: 10/30/2002	Diamond prices have been going up for the last year and a half. A stone I would have looked at least year for $12k is now $16k. It's hard to stomach the extra 20-30% when you are writing the check. So yes if you are going to buy, I'd buy sooner rather than later when you can find the stone rather than waiting. You really don't know where the market is going but if the last year or so is any indication I would not wait. ________________________________ "Insanity: doing the same thing over and over again and expecting different results." -Albert Einstein
Posted: 2/8/2006 9:13:48 PM

P: 2/8/2006 9:14:35 PM
Lynn B Ideal Rock Total Posts: 5,143 Last Post: 11/23/2009 Member Since: 5/9/2004	Well, Leonid posted a thread a while ago that (if I remember correctly) actually showed some DECREASE in diamond prices recently. You could probably find it on a search. But, personally, it has been my observation that by and large, the prices just keep going UPUPUP!!! And THAT'S my story and I'm sticking to it!
Posted: 2/8/2006 9:14:35 PM

P: 2/8/2006 9:15:37 PM
Mara Ideal Rock Total Posts: 27,922 Last Post: 11/23/2009 Member Since: 10/30/2002	Actually Lynn someone else came in right after Leonid posted that and said that the drop lasted A FEW DAYS or something like that and so it really was not an accurate representation of the market. ________________________________ "Insanity: doing the same thing over and over again and expecting different results." -Albert Einstein
Posted: 2/8/2006 9:15:37 PM

P: 2/8/2006 9:18:04 PM
levigarrett Rough Rock Total Posts: 38 Last Post: 3/27/2006 Member Since: 1/28/2006	Thanks for the quick response friends. I will post next week the asscher I need and Maybe I can get some help.. This is the best board I have ever been on. I mean that.
Posted: 2/8/2006 9:18:04 PM

P: 2/8/2006 9:28:03 PM
Lynn B Ideal Rock Total Posts: 5,143 Last Post: 11/23/2009 Member Since: 5/9/2004	Date: 2/8/2006 9:15:37 PM Author: Mara Actually Lynn someone else came in right after Leonid posted that and said that the drop lasted A FEW DAYS or something like that and so it really was not an accurate representation of the market. Hey, thanks for setting me straight! I didn't see that part! I honestly wondered about those stats and real life... because like I said, I am only seeing prices going up, up, up... and FAST! And THAT'S my story and I'm sticking to it!
Posted: 2/8/2006 9:28:03 PM

P: 2/8/2006 9:37:12 PM
Dancing Fire Ideal Rock Total Posts: 10,224 Last Post: 11/23/2009 Member Since: 4/3/2004	Date: 2/8/2006 9:14:35 PM Author: Lynn B Well, Leonid posted a thread a while ago that (if I remember correctly) actually showed some DECREASE in diamond prices recently. You could probably find it on a search. But, personally, it has been my observation that by and large, the prices just keep going UPUPUP!!! Lynn even if it is true,it would probably take another 12-15 months before we (at the retail level) get a price break. it is always harder to find a "mind clean" stone than a eye clean stone.
Posted: 2/8/2006 9:37:12 PM

P: 2/8/2006 9:47:10 PM
mrssalvo Ideal Rock Total Posts: 16,859 Last Post: 11/23/2009 Member Since: 1/3/2005	Date: 2/8/2006 9:12:14 PM Author:levigarrett I just saw in another post that Mrssalvo said that diamond prices are going up. IS THIS TRUE? aw, you didn't believe me? many folks will be happy to help you find the perfect asscher when you're ready ----------------------------- A deal is only a deal if you are getting exactly what you want.
Posted: 2/8/2006 9:47:10 PM

P: 2/8/2006 9:56:18 PM
Pricescope Administrator Total Posts: 8,265 Last Post: 1/5/2008 Member Since: 1/1/2000	here is the link in FAQ: http://www.pricescope.com/idealbb/view.asp?topicID=15538&pageNo=3. For the last few months the prices stabilized and even went down a bit ii some categories. Price increase very much depends on carat/color/clarity ranges: the larger/whiter/clearer the stone, the more chance the price will go up. Pricescope
Posted: 2/8/2006 9:56:18 PM

P: 2/8/2006 10:16:29 PM
indecisive Ideal Rock Total Posts: 1,066 Last Post: 11/18/2009 Member Since: 12/9/2005	Ugh. We were going to wait until around March 4th to get our Asscher from GOG. I know there probably won't be a difference in the price from now to then but it still makes me nervous! March is not going to come soon enough!! levigarrett- I can't wait to hear about your asscher search!!
Posted: 2/8/2006 10:16:29 PM

P: 2/8/2006 10:18:08 PM
perry Ideal Rock Total Posts: 1,782 Last Post: 11/16/2009 Member Since: 9/19/2004	That pricescope chart is somewhat decieveing... in that it shows the short term trends. Diamond prices have steadily gone up for something like 60 or 70 years. Leonid: Is there a good chart that shows the multidecade price of say a 1 carat diamond (or perhaps a 1/2 carat diamond as appropriate). Perry
Posted: 2/8/2006 10:18:08 PM

P: 2/8/2006 10:24:59 PM
DiamondExpert Ideal Rock Total Posts: 1,243 Last Post: 6/20/2009 Member Since: 1/16/2003	There have been some slight decreases in prices of stones of less than 1ct. of certain color/clarity, but mostly for stones below 0.5ct. Larger stones remain strong, especially above 2ct. Gary www.diamondexpert.com
Posted: 2/8/2006 10:24:59 PM

P: 2/8/2006 11:21:17 PM
Pricescope Administrator Total Posts: 8,265 Last Post: 1/5/2008 Member Since: 1/1/2000	Date: 2/8/2006 10:18:08 PM Author: perry That pricescope chart is somewhat decieveing... in that it shows the short term trends. Diamond prices have steadily gone up for something like 60 or 70 years. Leonid: Is there a good chart that shows the multidecade price of say a 1 carat diamond (or perhaps a 1/2 carat diamond as appropriate). Perry I only have data for about 6 years. I've seen some historical charts in Rapaport Magazine but not sure we can post it here. There was also a huge price increase and fall in the 80s'.... Pricescope
Posted: 2/8/2006 11:21:17 PM

P: 2/8/2006 11:49:08 PM
Mara Ideal Rock Total Posts: 27,922 Last Post: 11/23/2009 Member Since: 10/30/2002	actually perry i recall when i first came on in 2002 that experts said that diamond prices had been FLAT for ~3 years or so and it was not until the last 1.5 years or so that they started really rising. so it seems like there are dips and flat areas just like there are climbing areas over time. ________________________________ "Insanity: doing the same thing over and over again and expecting different results." -Albert Einstein
Posted: 2/8/2006 11:49:08 PM

P: 2/9/2006 12:50:20 AM
Dancing Fire Ideal Rock Total Posts: 10,224 Last Post: 11/23/2009 Member Since: 4/3/2004	Date: 2/8/2006 11:21:17 PM Author: Pricescope Date: 2/8/2006 10:18:08 PM Author: perry That pricescope chart is somewhat decieveing... in that it shows the short term trends. Diamond prices have steadily gone up for something like 60 or 70 years. Leonid: Is there a good chart that shows the multidecade price of say a 1 carat diamond (or perhaps a 1/2 carat diamond as appropriate). Perry I only have data for about 6 years. I've seen some historical charts in Rapaport Magazine but not sure we can post it here. There was also a huge price increase and fall in the 80s'.... diamond price tie to gold price? commodity inflation? the price of gold top out at $850 oz. Jan 1980.i think at that time a 1 ct D FL diamond was near $60k? gold has been very strong in last 6-8 months,hit a 25 yr high ($575 oz) couple days ago. it is always harder to find a "mind clean" stone than a eye clean stone.
Posted: 2/9/2006 12:50:20 AM

P: 2/9/2006 6:11:41 AM
perry Ideal Rock Total Posts: 1,782 Last Post: 11/16/2009 Member Since: 9/19/2004	Thanks all; My observation - a long term chart would provide a real perspective on what has been happening. It might be interesting to also list other things (cost of gold, "inflation", etc). Perry
Posted: 2/9/2006 6:11:41 AM

P: 2/9/2006 9:15:38 PM
levigarrett Rough Rock Total Posts: 38 Last Post: 3/27/2006 Member Since: 1/28/2006	Thanks alot PS. I cant wait to search for the Asscher but I have to save for about 2 1/2 more months. I am an electrician apprentice and like all resources like copper and other medals the price has raised alot nearly double in 18 months. Thank you all so much and I thought I have found the perfect asscher but it was already sold. If anyone runs across an asscher that could be a great deal let me know please, I have the money now just wanted to save a little more. ASSCHER Specs that I am looking for: Carat size: 1.1- 1.25 Depth: 65-70% Table: 55-64% Polish: EX /VG Sym: EX/VG Girdle: M -TH Crown: 10-15% L/W: as close to 1 as possible Flour: I DONT KNOW This is my goal and no more than $6200
Posted: 2/9/2006 9:15:38 PM

P: 2/9/2006 9:54:13 PM
EBree Ideal Rock Total Posts: 6,653 Last Post: 11/20/2009 Member Since: 8/31/2005	Hi Levi, This asscher is a little smaller than you say you're looking for, but it's right around what you want to spend ($5816). It's an F, VVS1 EX/EX asscher with a nice brillancescope. I don't know how to read asscher idealscopes well, but hopefully strmrdr will chime in. He's the resident asscher expert! .91, F, VVS1
Posted: 2/9/2006 9:54:13 PM

P: 2/12/2006 10:35:50 PM
levigarrett Rough Rock Total Posts: 38 Last Post: 3/27/2006 Member Since: 1/28/2006	Than ebree I think that is a nice asscher but a little to small. Most asschers show smaller than a PR cut and i need to make up for it. Still keep me in mind, I am working with Tim from GOG and still looking I plan to post a search on ROCKYTALK with some pics within a couple of weeks GMAN
Posted: 2/12/2006 10:35:50 PM

P: 2/12/2006 10:57:46 PM
Kaleigh Ideal Rock Total Posts: 25,918 Last Post: 11/23/2009 Member Since: 11/18/2004	I bought my asscher from GOG and am thrilled with it. Good luck in your search GMAN and also check out www.whiteflash.com as well. Can you tell us what size you are looking for?? ____________________________ Piece of cake and a candle. ng gift
Posted: 2/12/2006 10:57:46 PM

P: 2/13/2006 6:07:29 AM
AGBF Ideal Rock Total Posts: 8,047 Last Post: 11/23/2009 Member Since: 1/26/2003	Date: 2/8/2006 11:21:17 PM Author: Pricescope There was also a huge price increase and fall in the 80s'.... I remember that. The price of silver flatware also skyrocketed. I assume, therefore, that the price of gold was up, too. (Does anyone recall?) Looking back, it was insane of anyone to buy when the prices were so high. Why buy as prices go up? I'm of the school to buy (anything) when the blood runs in the street! Also: isn't there a thread on Pricescope about DeBeers' profits rising? A Girl's Best Friend
Posted: 2/13/2006 6:07:29 AM

P: 2/13/2006 6:11:08 AM
AGBF Ideal Rock Total Posts: 8,047 Last Post: 11/23/2009 Member Since: 1/26/2003	PS-I had only read as far as Leonid or Irina's posting when I posted above. Dancing Fire addressed the same issue I did: whether the 1980s spike in diamond prices wasn't due to the same forces causing a spike in gold and other commodity prices. A Girl's Best Friend
Posted: 2/13/2006 6:11:08 AM

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