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 Am I paying too much for an emerald cut?

P:  4/4/2006 3:45:48 PM  
stkit
stkit

Rough Rock
Total Posts: 7
Last Post: 4/14/2006
Member Since: 4/4/2006
 
Anyone's help would be greatly apprecaited.  I am about to purchase a diamond and want to know if I am paying a fair price.

The specs of the diamond are as follows:

Price: $9,600
Emerald Cut
1.50 Cts
8.27x5.26x3.60
Depth: 68.4%
Table: 68%
Girdle: Thin
Finish: good
Symmetry: good
Clarity: VS1
Color: D
Fluoresence: None

The diamond was also graded by the Gemological Appraisal Laboratory of America (GAL?) on 3/28/06.  Should I be suspicious of their report or are they a trusted appraiser?  Any input is greatly appreciated.

Is there a Cut Adviser on Pricescope or another website for an emerald cut diamond?

Thanks,

Posted:  4/4/2006 3:45:48 PM

 There are 7 replies to this message.  There are 7 replies on this page.

P: 4/4/2006 3:48:54 PM
strmrdr
strmrdr

Ideal Rock
Total Posts: 23,296
Last Post: 10/9/2009
Member Since: 11/1/2003
 
Have you seen it in person or got some pictures?
If not dont buy until ya do.

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

Posted:  4/4/2006 3:48:54 PM
P: 4/4/2006 3:51:49 PM
strmrdr
strmrdr

Ideal Rock
Total Posts: 23,296
Last Post: 10/9/2009
Member Since: 11/1/2003
 
similar diamonds with GIA certs are listing for $11800 online so Id want to know whats wrong with it.

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

Posted:  4/4/2006 3:51:49 PM
P: 4/4/2006 3:58:16 PM
widget
widget

Ideal Rock
Total Posts: 4,254
Last Post: 12/20/2008
Member Since: 11/12/2004
 
I wouldn't trust the color/clarity stats either. 

I personally would never consider purchasing an important diamond that didn't come with a report from GIA or AGS.  Then I'd know for sure exactly what I was paying for...

JMO..
widget

Posted:  4/4/2006 3:58:16 PM
P: 4/4/2006 4:00:02 PM
stkit
stkit

Rough Rock
Total Posts: 7
Last Post: 4/14/2006
Member Since: 4/4/2006
 
I have not seen the diamond in person but have a money back guarantee.  When it arrives I was planning on taking it to an appraiser for a second opinion.  Is GAL a trusted source though or does their grading to be a little lenient?

Posted:  4/4/2006 4:00:02 PM
P: 4/4/2006 4:09:13 PM
strmrdr
strmrdr

Ideal Rock
Total Posts: 23,296
Last Post: 10/9/2009
Member Since: 11/1/2003
 
if it would get d-vs2 from gia and sell for $11800 and the cost of the cert is under $200 why is it being sold for $9500?
The answer, color and or clarity is off or its badly cut.
No on leaves $2000 on the table on a 10k purchase.

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

Posted:  4/4/2006 4:09:13 PM
P: 4/4/2006 4:13:49 PM
stkit
stkit

Rough Rock
Total Posts: 7
Last Post: 4/14/2006
Member Since: 4/4/2006
 
Thanks, I see your point.  I hate how good deals are always too good to be true. 

Posted:  4/4/2006 4:13:49 PM
P: 4/4/2006 5:52:27 PM
Rod
Rod

Ideal Rock
Total Posts: 3,260
Last Post: 11/24/2009
Member Since: 12/28/2005
 
Date: 4/4/2006 4:13:49 PM
Author: stkit
Thanks, I see your point. I hate how good deals are always too good to be true.

And that's usually the point.  Deals that seem too good to be true are almost always........too good to be true.  I haven't ever heard of GAL.  That doesn't mean GAL's not valid, but I think you'll find that just about every one of us PS'ers believe AGS or GIA is the only grading lab worth their paper.

Good luck, but I'd pass unless you're getting this from a really reputable vendor, you've seen it and you feel it's the right stone for you.

"Got Diamond?
Hey.....Men Wear Diamonds Too!"

Posted:  4/4/2006 5:52:27 PM

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