1.01 carat pear cut natural fancy deep brownish Orange

[DenTwann]

<a href="http://nl.tinypic.com?ref=2ro6hqo" target="_blank"><img src="http://i64.tinypic.com/2ro6hqo.jpg" border="0" alt="Image and video hosting by TinyPic"></a>

[/IMG] Hi there

I'm new here. I got an offer to buy an 1.01 carat pear cut natural fancy deep brownish Orange.
They ask €500 for it.
Clarity is I2
With a IGI certificate.

Some pictures in attach.

I know you can't price it on just pictures. But is at least worth the €500?

Thanks in advance

 

[DenTwann]

http://imgur.com/a/oQT4t

 

[kenny]

You posted a link to an external picture hosting site.
The rules you read when you registered state that's not allowed.
You have to upload the pic to Pricescope.
When posting, click on the blue tab at the bottom that says, "Upload a File".

Determining fair value for FCDs is difficult.
Unlike white diamonds, which are color graded on one simple straight line from D to Z, color is complex and graded on 3 lines.
Color is graded on a 3-D 'donught' where:
1. Hue changes as you go around the doughnut.
2. Saturation (amount) of color is is indicated on the horizontal axis, or how far you are from the center.
3. Tone (darkness to lightness, or what you'd seen in a black and white picture) indicated on the vertical axis, or how high or low it is on the doughnut.

GIA, by far the most reputable lab grading FCDs in USA developed the system and uses this graphic.
It represents a slice from the doughnut:



Next, as with white diamonds not all labs grade to the same standards.
If they did this with carat weight they'd quickly be shut down.
But color and clarity also determine value just as carat weight does.
They get away with it because determining color and clarity grades is not as simple as determining carat weight.

GIA has the stricktest standards.
You can't trust grades from most other labs to be honest/accurate.
Sellers want to make maximum profit on every FCD, not just their finest ones (which get sent to GIA).
That's why they take advantage of these off-labs with 'generous'-grading to get those higher grades.
IOW if this FCD was sent to GIA it would likely receive grades that are worse.

That's why the lab report not being from GIA further complicates the question of value.
This ambiguity of grades, and therefore value, benefits sellers not buyers.
Buying an FCD without a GIA report is gambling, and as with all gambling the odds are with the house.

I've worked too hard for my money to take a chance what I'm buying is not what the seller claims because of they chose a questionable lab.
I'd only consider FCDs with a grading report from GIA.

Even if IGI Antwerp is more reputable than other non-GIA labs, GIA is still the standard for the FCD marketplace, which means there will be more comparable FCDs for price comparisons.

 

[Rockdiamond]

Hi Den,
Welcome to Pricescope!
Your question would require knowing how you feel.
A majority of buyers won't like an I2 diamond.
Having said that, there are people who actually love diamonds with imperfections.
So it's more about what YOU love.
The stone is likely to have easily visible imperfections.

 

[kenny]

Next, the specs merely state the diamond is a "natural diamond".

That's not good enough to get me to part with my money.
Two separate things may be natural or not, origin of material and the origin of color.
The diamond may have been minded from the earth, or grown in a lab.
The color may be as it came from the earth, or the result of lab treatment.

GIA FCD reports will indicate the origin of both.
That document doesn't.
That means it may be mined from the earth but the color is the result of treatment.
If so, the value is much much less than if both were natural.

Buyer beware.

 

[kenny]

Forgot to mention another further complication of the nightmare of determining value of FCDs.

FCDs can have more than one color, up to 3 per GIA's process.
The order they are listed matters.
The strongest hue is listed last.
If 3 are listed the first hue listed is the weakest.

Next there is the 'ish'.
Green Yellow has more Green than Greenish Yellow.

Next there's value of the hues , the result of supply and demand.
Green raises the value of a Yellow, but Brown lowers the value of a Yellow.

It's all terribly complex and since FCDs are so rare finding comps that happen to be listed for sale today is nearly impossible.

You asked one simple question, "Is it worth 500 euros?" and all my long posts take you further from an answer.
Sorry.
But welcome to the world of FCDs.

 

[Karl_K]

I will help you out by uploading the picture.
David you called it the clarity is better described as a mess.

 

[Karl_K]

I would listen to Kenny he and David are the resident colored diamond experts.
Kenny not being in the trade is less limited in what he can say about the diamond were David and myself are limited by board rules.

 

[DenTwann]

Could it be bacause of the quality of the picture?
They made a price estimation of €5000 for it.

 

[DenTwann]

http://global.igiworldwide.com/viewpdf.php?m=false&r=189558716

Link to the diamond report

 

[fruxo]

Could it be bacause of the quality of the picture?
They made a price estimation of €5000 for it.

I don't know much about diamonds. Luckily for me, it no longer matters whether the quality looks good or not. If someone offers to sell you something at a tenth of what they claim the value is, there are two options.

1/ it's stolen
2/ it's a scam

My vote is on second option.

 

[Rockdiamond]

I don't know much about diamonds. Luckily for me, it no longer matters whether the quality looks good or not. If someone offers to sell you something at a tenth of what they claim the value is, there are two options.

1/ it's stolen
2/ it's a scam

My vote is on second option.

Fruxo's options sound spot on to me.
Someone using such techniques to sell is a huge red flag right out of the gate.

 

[ChristineRose]

Fairly similar diamonds can be found on e-Bay in the $150-$500 range. It's hard to judge the value of stones like that. The pictures on e-Bay are always better than the stone looks in real life, but that probably applies to this stone as well.

As for being a bargain, that's only true if this is what you're looking for and the other options that appeal to you are more expensive. You could say it's value is what someone will pay for it, and that varies under the circumstances. I would say that it's value to a seller on e-Bay that specializes in low quality diamonds that cannot be sold to the trade is about $500. You will not be able to sell the stone for more than you paid for it. Individual sellers rarely get more than what they paid for a diamond, and as this one is not extraordinary, you should not expect to be an exception. You can also see from the picture that it has some large and visible cracks, which means it is likely to fall apart.