opinions needed on this stone

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On 10/29/2003 9:51:54 AM santo10492 wrote:

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This stone is graded by the Israeli EGL and he is asking $10,800.  Here are the characteristics of the stone:

Carat: 1.51
Color: G
Clarity: VS2
Depth: 62.4%
Table: 57%
Crown: 15%
Pavillion: 43%
Polish: VG
Symmetry: VG
Girdle: Med, Faceted
Culet: None
Flourescence: None

I have seen this stone and it is extremely beautiful.  It scores a 1.3 on the HCA.  I have seen similar stones for about $9500 on the internet.  He says he would have to pay more than that in order to sell it to me. Very confused??
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Santo, I've checked the price stats on G, VS2 stones, and anything above 1.48 carats is running about $13K-14K.  I'd be curious to know where you're seeing similarly well-cut stones of this color/clarity/weight for $9500.

If you've seen the stone and it looks beautiful, then go with it.  Just be sure you negotiate a generous return policy and have it independently appraised.  This is really important because EGL Israel is notoriously lenient in their grading, and if the grading if off substantially, it would affect the reasonableness of your price.

Good luck.

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Note: Chainsaw Not Sold Separately.

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On 10/29/2003 9:51:54 AM santo10492 wrote:

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I am thinking about purchasing this stone from a local jeweler that has been trying desperately to compete with internet prices. .... I have seen this stone and it is extremely beautiful. It scores a 1.3 on the HCA. I have seen similar stones for about $9500 on the internet. He says he would have to pay more than that in order to sell it to me. Very confused??----------------

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Omnia Mea Mecum Porto.

Giangi